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NOTES TO AND FORMING
PART OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
252
PAKISTAN OILFIELDS LIMITED
2020
2019
Rupees (‘000)
Decrease/(increase) in long term loans and advances
(450)
(11,201)
(Decrease)/increase in long term deposits
8,485
8,376
Taxes paid
(3,873,614)
(7,635,557)
Decommissioning cost paid
(160,064)
(34,571)
Net cash generated from operating activities
23,380,345
21,497,635
47.
DISCLOSURE REQUIREMENTS FOR ALL SHARES ISLAMIC INDEX
Description
Explanation
i) Loans and advances
Non-interest bearing
ii) Deposits
Non-interest bearing
iii) Segment revenue
Disclosed in note 37
2020
2019
Rupees ('000)
iv)
Bank Balances
Placed under interest arrangements
36,611,737
35,781,144
Placed under Shariah permissible arrangements
1,120
4,487
36,612,857
35,785,631
v)
Income on bank deposits
Placed under interest arrangements
3,999,774
2,047,604
Placed under Shariah permissible arrangements
146
1,189
3,999,920
2,048,793
vi) Gain/(loss) on investments classified
as fair value through profit or loss
Disclosed in note 24.1.1
vii) Dividend income
Disclosed in note 34.1
viii) All sources of other income
Disclosed in note 34
ix) Exchange gain
Earned from actual currency
x) Relationship with banks having
Islamic windows
Following is the list of banks with which the Group has a
relationship with Islamic window of operations:
1. Meezan Bank Limited
2. Albaraka Islamic Investment bank