Page 233 - Pakistan Oilfields Limited - Annual Report 2020

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NOTES TO AND FORMING
PART OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
231
PAKISTAN OILFIELDS LIMITED
2020
2019
Rupees (‘000)
31.
ADMINISTRATION EXPENSES
Establishment charges
308,459
296,965
Telephone and telex
1,249
1,139
Medical expenses
13,022
9,857
Printing, stationery and publications
6,929
6,095
Insurance
7,580
6,185
Travelling expenses
4,711
4,163
Motor vehicle running expenses
12,974
8,836
Rent, repairs and maintenance
70,758
62,479
Auditor's remuneration - note 31.1
9,755
8,997
Legal and professional charges
3,276
10,476
Stock exchange and CDC fee
3,273
3,233
Computer support and maintenance charges
35,059
35,457
Depreciation and Amortisation
40
245
Other expenses
7,448
5,276
484,533
459,403
Less:
Amount allocated to field expenses
268,449
256,659
216,084
202,744
31.1 Auditor's remuneration
Statutory audit - POL
2,000
1,730
- Capgas
441
420
Review of half yearly accounts, audit of consolidated
accounts, staff funds, special certifications
1,997
1,400
Tax services
4,799
4,934
Out of pocket expenses
518
513
9,755
8,997
32.
FINANCE COSTS
Provision for decommissioning cost - note 10.2
- Unwinding of discount
1,594,927
754,918
- Exchange loss
611,283
3,012,047
Banks' commission and charges
5,444
6,692
2,211,654
3,773,657