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NOTES TO AND FORMING
PART OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
218
PAKISTAN OILFIELDS LIMITED
14.2 Cost and accumulated depreciation include
Cost
Accumulated depreciation
2020
2019
2020
2019
Rupees ('000)
Rupees ('000)
Share in joint operations operated
by the Group
1,456,919
1,446,187
1,300,979
1,273,258
Assets not in possession of the Group
Share in joint operations operatedby others
MOL Pakistan Oil and Gas
Company B.V.
11,321,065 10,896,974
7,463,089
6,548,887
Ocean Pakistan Limited
74,105
73,992
62,475
59,506
Oil andGasDevelopment
Company Limited
73,930
69,291
46,796
41,373
Pakistan Petroleum Limited
2,186,976
1,930,413
1,030,068
851,172
13,656,076 12,970,670
8,602,428
7,500,938
*Gas cylinders - inpossessionof distributors
884,906
735,570
715,831
534,238
15,997,901 15,152,427 10,619,238
9,308,434
* Due to large number of distributors it is impracticable to disclose the name of each person having
possession of these assets, as required by 4th Schedule to the Companies Act, 2017.
2020
2019
Rupees ('000)
14.3 The depreciation charge has been allocated as follows
Operating costs
1,431,730
1,556,087
Other income - Crude transportation income
76,792
86,852
Inter-transfers
-
624
Administrative expenses
40
404
1,508,562
1,643,967
14.4 Particulars of Group’s immovable property including location and area of land are as follows
District
Location
Total Area (In acres)
Attock
Khaur
297.59
Attock
Dhulian
746.17
Attock
Meyal
194.44
Chakwal
Balkassar
2.14
Rawalpindi
Rawalpindi
35.76
Rawalpindi
Rawalpindi - (Khaur- Rawalpindi pipe Line)
63.35
Rawalpindi
Adhi
4.77