Balance Sheet

As On June 30, 2007

Rupees in '000's
Particulars Wazir Ali
EQUITY & LIABILITIES
Share Capital & Revenues
authorized capital
8000000 ordinary shares of Rs. 10 each
(2006: 8000000 shares of Rs. 10 each) 80,000 50,000

issued subscribed and paidup capital 79,860 20,419

capital reserves 10,646 1,881
revenue reserve (211,368) -
general reserves 8,600
accumulated loss (21,315)
(120,862) 9,585

surplus on reavaluation of fixed assets 122,397 136,505

non current liabilities

obligation under finance lease 5,835
deffered liabilities 22,696
long term finance 23,816 -
liabilities against assets subject to finance lease 124 -
long term deposites 760 -
deffered tax lia on surplus on reavaluation on fixed assets 9,560 -
deffered lia for compensated absences 2,240 -
36,500 28,531
current liabilities
short term finance 26,500
current maturity of long term loans & finance lease 18,719
trade and other payables 156,093 146,255
markup payable on borrowing 5,012 6,195
taxation 10,550
unclaimed 630
short term borrowing-secured 153,424 -
current maturities of long term liabilities 21,737 -
336,266 208,849
Total Equity & Liabilities 374,301 383,470

ASSETS
Non Current Assets
operating fixed assets 184,256
property, plant, and equipment 141,901 -
investment in subsidery 50,000 -
long term loans to employees seured considered goods 249 -
long term security deposites 431 10,819

current assets
stored, spares, and loose tools 4,251 13,456
stock in trade 104,905 77,431
goods in transit -
trade debts- secured and considered goods 37,236 30,237
loans and advances- secured and considered good 2,205 15,192
deposite, prepayments, and recievable 14,487 1,113
interest accrued 25,363
other recievable 157
taxation - net 5,769 9,913
cash and bank balance 12,867 15,533
181,720 188,395
Total Assets 374,301 383,470
Position Of
Wazir Ali

Worst 50,000,000

Worst 20,419,130
Worst 1,880,875

8,600,000
(21,314,793)
Better 9,585,212

136,505,117

5,834,584
22,696,327

Better 28,530,911

26,500,000
18,719,179
Better 146,255,029
Worst 6,194,740
10,549,624
630,136

Better 208,848,708
Better 383,469,993

184,256,430

Better 10,818,946

Better 13,456,049
Worst 77,430,732

Worst 30,237,375
Better 15,191,903
Worst 1,112,971
25,362,927
156,617
Better 9,912,850
Better 15,533,193
Better 188,394,617
Better 383,469,993