Balace sheet & Income statementNasir Energy Saving Lamp Industries LimitedStatement of Financial Position

Description30.06.201430.06.201330.06.201230.06.2011Non Current Assets:379,570,147405,081,766416,533,134224,700,375Property, Plant & Equipment379,570,147405,081,766416,533,13423,372,820Capital Work-in-progress0.00.00.0201,327,555

Current Assets:199,209,138235,899,740208,081,01899,222,662Advances, Deposits and Prepayment13,021,47013,528,25810,021,68021,534,996Inventories186,115,484222,044,329198,009,70377,543,068Cash & Cash equivalents72,184327,15349,635144,598

Total Assets578,779,285640,981,506624,614,152323,923,037

Shareholders Equity68,204,145(48,782,933)(26,328,077)(4,039,407)Share Capital2,500,0002,500,0002,500,0002,500,000Retained Earnings65,704,145(51,282,933)(28,828,077)(6,539,407)

Current Liabilities510,575,140689,764,439650,942,229327,962,444Short term loan1,000,220,652502,154,098568,591,1980.0Security Deposit from Supplier0.03,276,2643,276,2645,320,512Sundry Creditors 1,883,0342,134,913243,47631,070Inter Company payable(491,528,546)182,199,16478,831,291322,610,862

Total Shareholders Equity and Liabilities578,779,285640,981,506624,614,152323,923,037

Nasir Energy Saving Lamp Industries Limited Statement of Comprihensive Income

Description30.06.201430.06.201330.06.201230.06.2011

Revenue404,553,441201,802,66930,283,3340.0Cost of Goods Sold(148,496,067)(111,668,244)(12,876,030)(3,637,650)Gross Profit256,057,37463%90,134,42545%17,407,30457%(3,637,650)

Operating Expense:(20,390,875)(18,959,671)(5,034,295)(1,605,513)General & Administrative Expense(12,398,303)3%(13,493,233)7%(3,627,976)12%(1,580,357)Selling and Distribution Expense(7,992,572)2%(5,466,438)3%(1,406,319)5%(25,156)Operating profit235,666,49971,174,75412,373,009(5,243,163)

Finance Cost(118,679,421)(93,629,610)(34,661,679)(900,573)Contribution to WPPF0.00.00.00.0Other Income-weaving charge0.00.00.00.0Profit before income tax116,987,078(22,454,856)(22,288,670)(6,143,736)

Provision for income tax0.00.00.00.0Current tax0.00.00.00.0Deferred tax0.00.00.00.0Tax holiday reserve0.00.00.00.00.0

Net profit for the year116,987,078(22,454,856)(22,288,670)(6,143,736)

Earning Per Share (EPS)4,679.48(898.19)(891.55)(245.75)

Cost of Goods Sold

Opening Raw Materials188,729,061155,625,68777,543,069Add: Purchase during the year56,496,31381,808,298113,785,461Less: Closing stock of raw material154,937,519188,729,061155,625,687Raw Material Consumption90,287,85561%48,704,92448%35,702,84367%Factory Overhead (Note-15.01)56,876,60039%53,753,58652%17,696,66433%Cost of Goods Manufacture147,164,455102,458,51053,399,507Add: Opening Stock of Finished Goods31,313,74340,523,4770.0178,478,198142,981,98753,399,507Less: Closing Stock of Finished Goods29,982,13131,313,74340,523,477Cost of Goods Sold148,496,067111,668,24412,876,030

0(0)(0)