div class=ts-pagebutton class=gotoPage data-page=1Page 1button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page1jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=1 data-page=1 class=ts-thumb lazyload alt=Page 1: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails1jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=2Page 2button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page2jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=2 data-page=2 class=ts-thumb lazyload alt=Page 2: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails2jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=3Page 3button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page3jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=3 data-page=3 class=ts-thumb lazyload alt=Page 3: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails3jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=4Page 4button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page4jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=4 data-page=4 class=ts-thumb lazyload alt=Page 4: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails4jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=5Page 5button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page5jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=5 data-page=5 class=ts-thumb lazyload alt=Page 5: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails5jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=6Page 6button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page6jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=6 data-page=6 class=ts-thumb lazyload alt=Page 6: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails6jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=7Page 7button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page7jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=7 data-page=7 class=ts-thumb lazyload alt=Page 7: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails7jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=8Page 8button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page8jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=8 data-page=8 class=ts-thumb lazyload alt=Page 8: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails8jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=9Page 9button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page9jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=9 data-page=9 class=ts-thumb lazyload alt=Page 9: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails9jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=10Page 10button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page10jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=10 data-page=10 class=ts-thumb lazyload alt=Page 10: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails10jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=11Page 11button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page11jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=11 data-page=11 class=ts-thumb lazyload alt=Page 11: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails11jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=12Page 12button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page12jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=12 data-page=12 class=ts-thumb lazyload alt=Page 12: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails12jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=13Page 13button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page13jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=13 data-page=13 class=ts-thumb lazyload alt=Page 13: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails13jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=14Page 14button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page14jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=14 data-page=14 class=ts-thumb lazyload alt=Page 14: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails14jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=15Page 15button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page15jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=15 data-page=15 class=ts-thumb lazyload alt=Page 15: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails15jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=16Page 16button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page16jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=16 data-page=16 class=ts-thumb lazyload alt=Page 16: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails16jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=17Page 17button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page17jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=17 data-page=17 class=ts-thumb lazyload alt=Page 17: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails17jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=18Page 18button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page18jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=18 data-page=18 class=ts-thumb lazyload alt=Page 18: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails18jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=19Page 19button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page19jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=19 data-page=19 class=ts-thumb lazyload alt=Page 19: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails19jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=20Page 20button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page20jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=20 data-page=20 class=ts-thumb lazyload alt=Page 20: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails20jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=21Page 21button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page21jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=21 data-page=21 class=ts-thumb lazyload alt=Page 21: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails21jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=22Page 22button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page22jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=22 data-page=22 class=ts-thumb lazyload alt=Page 22: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails22jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=23Page 23button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page23jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=23 data-page=23 class=ts-thumb lazyload alt=Page 23: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails23jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=24Page 24button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page24jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=24 data-page=24 class=ts-thumb lazyload alt=Page 24: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails24jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=25Page 25button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page25jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=25 data-page=25 class=ts-thumb lazyload alt=Page 25: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails25jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=26Page 26button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page26jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=26 data-page=26 class=ts-thumb lazyload alt=Page 26: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails26jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=27Page 27button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page27jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=27 data-page=27 class=ts-thumb lazyload alt=Page 27: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails27jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=28Page 28button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page28jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=28 data-page=28 class=ts-thumb lazyload alt=Page 28: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails28jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=29Page 29button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page29jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=29 data-page=29 class=ts-thumb lazyload alt=Page 29: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails29jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=30Page 30button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page30jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=30 data-page=30 class=ts-thumb lazyload alt=Page 30: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails30jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=31Page 31button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page31jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=31 data-page=31 class=ts-thumb lazyload alt=Page 31: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails31jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=32Page 32button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page32jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=32 data-page=32 class=ts-thumb lazyload alt=Page 32: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails32jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=33Page 33button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page33jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=33 data-page=33 class=ts-thumb lazyload alt=Page 33: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails33jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=34Page 34button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page34jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=34 data-page=34 class=ts-thumb lazyload alt=Page 34: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails34jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=35Page 35button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page35jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=35 data-page=35 class=ts-thumb lazyload alt=Page 35: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails35jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=36Page 36button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page36jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=36 data-page=36 class=ts-thumb lazyload alt=Page 36: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails36jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=37Page 37button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page37jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=37 data-page=37 class=ts-thumb lazyload alt=Page 37: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails37jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=38Page 38button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page38jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=38 data-page=38 class=ts-thumb lazyload alt=Page 38: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails38jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=39Page 39button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page39jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=39 data-page=39 class=ts-thumb lazyload alt=Page 39: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails39jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=40Page 40button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page40jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=40 data-page=40 class=ts-thumb lazyload alt=Page 40: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails40jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=41Page 41button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page41jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=41 data-page=41 class=ts-thumb lazyload alt=Page 41: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails41jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=42Page 42button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page42jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=42 data-page=42 class=ts-thumb lazyload alt=Page 42: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails42jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=43Page 43button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page43jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=43 data-page=43 class=ts-thumb lazyload alt=Page 43: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails43jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=44Page 44button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page44jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=44 data-page=44 class=ts-thumb lazyload alt=Page 44: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails44jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=45Page 45button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page45jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=45 data-page=45 class=ts-thumb lazyload alt=Page 45: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails45jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=46Page 46button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page46jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=46 data-page=46 class=ts-thumb lazyload alt=Page 46: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails46jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=47Page 47button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page47jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=47 data-page=47 class=ts-thumb lazyload alt=Page 47: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails47jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=48Page 48button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page48jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=48 data-page=48 class=ts-thumb lazyload alt=Page 48: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails48jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=49Page 49button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page49jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=49 data-page=49 class=ts-thumb lazyload alt=Page 49: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails49jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=50Page 50button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page50jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=50 data-page=50 class=ts-thumb lazyload alt=Page 50: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails50jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=51Page 51button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page51jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=51 data-page=51 class=ts-thumb lazyload alt=Page 51: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails51jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=52Page 52button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page52jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=52 data-page=52 class=ts-thumb lazyload alt=Page 52: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails52jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=53Page 53button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page53jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=53 data-page=53 class=ts-thumb lazyload alt=Page 53: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails53jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=54Page 54button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page54jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=54 data-page=54 class=ts-thumb lazyload alt=Page 54: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails54jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=55Page 55button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page55jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=55 data-page=55 class=ts-thumb lazyload alt=Page 55: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails55jpg width=140 height=200 adivdivdiv class=ts-pagebutton class=gotoPage data-page=56Page 56button div class=ts-imagea href=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5page56jpg target=_blank img data-url=annual-report-2012-welcome-to-report-2012-scnannual-report-2012-pak-gulf-leasinghtmlpage=56 data-page=56 class=ts-thumb lazyload alt=Page 56: Annual REport-2012 - Welcome to PGL Report-2012-ScnANNUAL REPORT 2012 Pak-Gulf Leasing Company Limited Pak-Gulf Leasing : Company Limited CONTENTS Company Information Mission loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader030vdocumentssitereader030viewer20220305175ac3398a7f8b9a220b8b8d4chtml5thumbnails56jpg width=140 height=200 adivdiv
