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NOTES TO AND FORMING
PART OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
235
PAKISTAN OILFIELDS LIMITED
In addition to remuneration, the Chief Executive and certain executives were provided with use of the
Group's cars and residential telephone facilities. The Group also provides medical facilities to its staff.
The aggregate amount charged in these financial statements in respect of fee to 6 directors (2019:
6) was Rs 6,873 thousand (2019: Rs 6,319 thousand). This includes Rs 4,358 thousand (2019: Rs 4,214
thousand) paid to 4 non-executive (2019: 4) of the Group.
39.
FINANCIAL INSTRUMENTS
39.1 Financial assets and liabilities
Amortised cost
Investments
classified as fair
value through
profit or loss
Total
Rupees (‘000)
June 30, 2020
Financial assets
Maturity up to one year
Trade debts
7,634,080
-
7,634,080
Advances, deposits and other receivables
970,839
-
970,839
Other financial assets
-
6,519
6,519
Short term investments - at amortised cost
6,468,798
-
6,468,798
Cash and bank balances
36,840,879
-
36,840,879
Maturity after one year
Long term loans and advances
26,723
-
26,723
51,941,319
6,519
51,947,838
Other financial
liabilities
Total
Rupees ('000)
Financial liabilities
Maturity up to one year
Trade and other payables
20,965,276
20,965,276
Unclaimed dividend
214,307
214,307
Maturity after one year
Long term deposits
985,001
985,001
22,164,584
22,164,584