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NOTES TO AND FORMING
PART OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
233
PAKISTAN OILFIELDS LIMITED
2020
2019
Rupees (‘000)
34.1 Dividend on Investments classified as fair
value through profit or loss
Meezan Sovereign Fund
68
54
Pakistan Cash Management Fund
86
80
Alfalah GHP Money Market Fund
13,547
8,864
Atlas Money Market Fund
2
77
UBL Liquidity Plus Fund
302
10,709
ABL Cash Fund
14,954
5,297
HBL Cash Fund
1,520
2
NAFA Money Market Fund
6,035
2,052
Atlas Income Fund
306
224
36,820
27,359
35.
SHARE OF PROFITS OF ASSOCIATED COMPANIES
Share of profits of associated companies is net of taxation and based on the audited financial
statements of the associated companies for the year ended June 30, 2020.
2020
2019
Rupees ('000)
36.
PROVISION FOR TAXATION
Current
- for the year
4,686,360
8,072,647
- for prior years
-
779,655
4,686,360
8,852,302
Deferred
- for the year
362,573
(1,994,936)
- for prior years
-
499,462
362,573
(1,495,474)
5,048,933
7,356,828