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NOTES TO AND FORMING
PART OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
219
PAKISTAN OILFIELDS LIMITED
14.5 Capital work in progress
Buildings
Plant and
machinery /
Pipelines and
pumps
Computers
and software
development
Total
Rupees ('000)
Balance as at July 1, 2018
-
650,464
-
650,464
Additions/(adjustments)duringtheyear
12,370
154,768
-
167,138
Transfers during the year
(9,769)
(55,588)
-
(65,357)
Balance as at June 30, 2019
2,601
749,644
-
752,245
Balance as at July 1, 2019
2,601
749,644
-
752,245
Additions during the year
3,201
65,051
1,662
69,914
Transfers during the year
(3,936)
(331,935)
-
(335,871)
Balance as at June 30, 2020
1,866
482,760
1,662
486,288
2020
2019
Rupees (‘000)
14.6 Break up of capital work in progress at June 30 is as follows
POL
Own fields
12,256
16,702
POLGAS plant
4,403
-
Share in joint operations operated by the Company
Ikhalas Joint Operation
20,485
-
Pindori Joint Operation
769
-
MOL Pakistan Oil and Gas Company B.V.
- TAL Block
-
74,469
- Margala Block 3372-20
269
269
Oil and Gas Development Company Limited
- Jhal Magsi D&P Lease
447,380
447,380
Pakistan Petroleum Limited
- Adhi Mining Lease
-
212,751
CAPGAS
726
674
486,288
752,245