Professional Documents
Culture Documents
Balance sheet
Profit & loss account
Cash flow stat.
Changes in equity
Note 5
Note 6
Note 7
Note 8
Note 9
Note 10
Note 11
Note 12
Note 13
Note 14
Note 15
Note 16
Note 17
Note 18
Note 19
Note 20
Note 21
Note 22
Note 23
Note 24
Note 25
Note 26
Note 27
Note 28
Note 29
Note 30
Note 31
Note 32
Note 33
Note 34
Note 35
Current Liabilities
Trade and other payables
Accrued mark-up
31705156
1685
31706841
55373
3175
31765389
31378255
2977
31381232
55373
2175
31438780
6313584
1248538
620961
72164
4008288
608813
779305
86471
38669
48807
218884
538812
41652
351202
9444466
41209855
204249
538812
145151
117939
333629
6871464
38310244
3233750
24539079
27772829
3233750
21862179
25095929
658298
37306
391837
1652796
2740237
1658600
31957
319217
1562850
3572624
4043689
85448
3043320
155500
6302252
6267112
265400
175759
10696789
9641691
41209855
38310244
index
Note
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
18
25
Gross sales
Less:
Sales tax and excise duty
Rebates and commission
Net sales
Cost of sales
Gross profit
Distribution cost
Administrative expenses
Finance cost
Other charges
Other income
Profit before taxation
Taxation
current
deferred
Profit after taxation
Other comprehensive income
Total comprehensive income for the year
Earning per share - basic and diluted
-3236425
-313389
-517788
-325482
2486
4320521
-3433047
-303244
-569184
-257774
1902
3417514
-260175
-89946
-350121
3970400
-195697
-84360
-280057
3137457
3970400
3137457
12.28
9.70
index
Note
26
27
28
29
30
31
32
33
34
4842927
-587841
-156677
-29176
-773694
4349
4073582
6087267
-647065
-164264
-12300
-823629
3368
5267006
-1905143
-2320832
9711
5879
-1895432
-2314953
-910661
35140
-1285056
-2160577
-2465641
217372
-1281045
-3529314
17573
333629
351202
-577261
910890
333629
index
Note
35
index
3233750
7343422
Revenue reserves
General
Reserve
Rupees in '000'
5000000
5000000
harges in Equity
Revenue reserves
Unappropriated
profit
Total
reserves
Total
equity
Rupees in '000'
7674800 20018222 23251972
-5000000
-1293500 -1293500 -1293500
3137457 3137457 3137457
4518757 2E+007 3E+007
-2500000
-1293500 -1293500 -1293500
3970400 3970400 3970400
4695657 2E+007 3E+007
2011
2010
(Rupees in '000')
Property, Plant and Equipme
Operating assets - tangible
Capital work-in-progress
30565211
1139945
31705156
29465134
1913121
31378255
index
2011
2010
(Rupees in '000')
Stores and Spares
Stores
Spares
Less: Provision for slow moving spares
4188478
2225765
6414243
100659
6313584
1912626
2171672
4084298
76010
4008288
index
2011
2010
(Rupees in '000')
Stock-in-Trade
Raw and packing materials
Work-in-process
Finished goods
539202
484692
224644
1248538
315374
100813
192626
608813
index
2011
2010
(Rupees in '000')
Trade Debts - considered goo
Bills receivable - secured
Others - unsecured
406966
213995
620961
619776
159529
779305
index
2011
2010
(Rupees in '000')
Loans And Advance
Considered good, secured
Loans And Advances due from:
Employees
Executives
Advances to suppliers and others
5516
5946
11462
60702
72164
5632
3123
8755
77716
86471
inedx
2011
2010
(Rupees in '000')
Trade Deposits and Short Term Paymen
Deposits
Coal supplier
Utilities
Karachi Port Trust
Containers
Other
Prepayments
Insurance
L/c Margin
Rent
Others
1000
730
5740
60
4908
12438
11785
2187
12259
26231
38669
1000
159
3990
4071
9220
16349
3454
1717
18067
39587
48807
index
2011
2010
(Rupees in '000')
Other Receivables - unsecured, considered good
Inland freight subsidry - export
Rebate on export sales
Due from Collector of Customs
Other
135790
45576
19444
18074
218884
135790
37865
19444
11150
204249
index
2011
2010
(Rupees in '000')
Cash and Bank Balances
Cash in hand
Slaes collection in transit
Cash at bank - on current accounts
- on deosit accounts
1330
247146
1031
263940
38869
63857
102726
351202
22286
46372
68658
333629
index
2011
2010
(Rupees in '000')
Share Capital
Authorized Capital
500000000 (2010: 500000000) ordinary
5000000
share of Rs 10/- each
Issued, Subscribed and Paid-up Capital
305000000 (2010: 305000000) ordinary shares 3050000
of Rs 10/- each issued for cash
18375000 (2010: 18375000) ordinary shares
183750
of Rs 10/- each issued as bonus share
3233750
5000000
3050000
183750
3233750
index
2011
2010
(Rupees in '000')
Reserves
Capital reserve
Share premium
Revenue reserves
General reserve
Unappropriated profit
7343422
7343422
12500000
4695657
17195657
2E+007
10000000
4518757
14518757
2E+007
inedx
2010
ees in '000')
1135620
698739
1834359
-175759
1658600
index
2011
2010
(Rupees in '000')
Long Term Deposits
Cement stockists
Transporters
Others
11976
24000
1330
37306
9727
21900
330
31957
index
2011
2010
(Rupees in '000')
Deferred Liability
Staff gratuity
391837
319217
391837
319217
319217
101796
421013
-29176
391837
234633
96884
331517
-12300
319217
57049
42649
2098
101796
51754
30502
14628
96884
78951
3862
18983
101796
67155
3884
25845
96884
index
2011
2010
(Rupees in '000')
Deferred Tax Liability
This comprises of the following
Deferred tax liabilit
-Difference in tax and accounting
bases of fixed assets
Deferred tax assets
-Unabsorbed tax losses
-Provisions
3280809
3351606
-1495783
-132230
-1628013
1652796
-1693176
-95850
-1789026
1562580
index
2011
2010
(Rupees in '000')
Trade and Other Payables
Creditors
Bills payable
Accrued liabilities
Advance from customers
Retention money
Sales tax payables
Other charges payables
Unclaimed and unpaid dividend
Excise duty payable
Others
1189188
494999
744209
659047
121199
61470
512491
34521
215967
10598
4043689
920236
254170
617667
281052
373789
342074
26077
228201
54
3043320
index
2011
2010
(Rupees in '000')
Accrued Mark-Up
Long term finance
Short term borrowings
18403
67045
85448
49740
105760
155500
index
2011
2010
(Rupees in '000')
Short Term Borrowing
Export refinance
Foreign currency import finance
350000
5952252
6302252
4732366
1534746
6267112
index
2011
2010
(Rupees in '000')
Commitments
Capital commitments
Plant and machinery
Other commitments
Stores, spares and apcking
material under letters of credit
1364705
1960445
638629
672940
304738
163325
index
2011
2010
(Rupees in '000')
Sales - gross
Sales - local
- export
20130785
11636268
3E+007
14191487
14861414
3E+007
index
2011
2010
(Rupees in '000')
Cost of Sales
Salaries, wages and benefits
Raw material consumed
Packing material
Fuel and power
Store and spares consumed
Repairs and maintenance
Depreciation
Insurance
Provision for slow moving spares
Earth moving machinery
Vehicle running & maintenance
Communication
Mess:subsidry
Transportation
Traveling and conveyance
Inspection fee for electrical installation
Rent, rates and taxes
Printing and stationery
Other manufacturing expenses
Work-in-process:
Opening
Closing
Cost of good manufactured
Finished goods:
Opening
Closing
957453
999735
1857967
10949832
1054096
86507
1488133
73165
24649
122346
31748
10406
20649
4217
4692
1049
1708
2659
31286
2E+007
881365
959358
1472287
10131354
731240
53675
1327229
170692
25384
105212
28380
9413
16371
10459
3740
1049
1404
1424
40931
2E+007
100813
-484692
-383879
2E+007
591659
-100813
490846
2E+007
192626
-224644
-32018
2E+007
260745
-192626
68119
2E+007
index
2011
2010
(Rupees in '000')
Distribution Cost
Salaries and benefits
Logistic and related charges
Loading and others
Communication
Travelling and conveyance
Printing and stationery
Insurance
Rent, rates and taxes
Utilities
Vehicles running & maintenance
Repairs and maintenance
Fees, subscription and periodicals
Advertisment and sales promotion
Entertainment
Depreciation
Others
47302
3024099
43216
3377
2018
855
7480
7394
1565
8655
1715
563
11262
727
72068
4129
3236425
42490
3233415
28472
3499
2518
812
10897
6537
1298
7002
8597
606
9713
580
73570
3041
3433047
index
2011
2010
(Rupees in '000')
Administrative Expenses
Salaries and benefits
Communication
Travelling and conveyance
Insurance
Rent, rates and taxes
Vehicals running and maintenance
Printing and stationery
Fees and subscription
Security services
Legal and professional
Transportation and freight
Utilities
Repairs and maintenance
Advertisment
Donations
Auditor's remuneration
Other auditor's remuneration
Depreciation
Amortization
Others
124224
6626
14153
1050
2777
11109
4599
6309
2423
15097
67
4603
6722
1741
89822
1483
6103
10344
1491
2646
313389
110914
6503
9353
1268
2298
10034
6731
7102
1708
8638
329
5542
6870
1238
104046
1481
5279
10197
1466
2247
303244
index
2011
2010
(Rupees in '000')
Finance Cost
Mark-up on long term finance - net
Mark-up on short term borrowings
Interest on Worker's Profit
Participation Fund
Bank charges and commission
45984
447181
21280
510121
3735
7196
20888
517788
30587
569184
index
2011
2010
(Rupees in '000')
Other Charges
Worker's Profits Participation Fund
Others
232487
92995
325482
184124
73650
257774
index
2011
2010
(Rupees in '000')
Other Income
Income from non-financial assets
Gain on disposal of fixed assets
Others
2211
275
2486
1869
33
1902
index
2011
2010
3970400
3137457
323375
323375
12.28
9.70
index
2011
2010
(Rupees in '000')
Cash Generated From Operations
Profit before taxation
Adjustments for non cash charges & other items
Depreciation
Gain on disposal of property, plant & equipment
Provision for slow moving spares
Provision for gratuity
Amortization on intangible assets
Finance cost
Profit before working capital changes
(Increase)/decreasa in current assets
Stores and spares
Stock-in-trade
Trade dedts
Loans and advances
Trade deposits and short term payments
Other receivables
Sales tax payable / refundable
Increase in current liabilities
Trade and other payables
4320521
3417514
1570545
-2211
24649
101796
1491
517788
6534579
1410996
-1869
25384
96884
1466
569184
5519559
-2329945
-639725
158344
14307
10138
-14635
117939
-3E+006
-622123
587795
487943
2961
-39046
-125554
-77777
214199
991925
4842927
353509
6087267
index
Current Liabilities
Trade and other payables
Accrued mark-up
77%
0.004%
77%
0.13%
0.01%
77%
82%
0%
82%
0%
0%
0%
15.3%
3.0%
1.5%
0.2%
10%
2%
2%
0%
0.1%
0%
0.5%
1.3%
0.1%
0.0%
0.9%
22.9%
100%
1%
1%
0%
0%
1%
18%
100%
8%
60%
67%
8%
57%
66%
1.6%
0.1%
1.0%
4.0%
6.6%
4%
0%
1%
4%
9%
10%
0.2%
7%
0%
100%
15%
15%
0.6%
0%
26%
23%
100%
index
Note
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
18
25
Gross sales
Less:
Sales tax and excise duty
Rebates and commission
Net sales
Cost of sales
Gross profit
Distribution cost
Administrative expenses
Finance cost
Other charges
Other income
Profit before taxation
Taxation
current
deferred
Profit after taxation
Other comprehensive income
Total comprehensive income for the year
14%
1.2%
2.3%
1.1%
0.0%
19%
1.0%
0.3%
1.3%
15%
0.8%
0.3%
1.1%
13%
15%
13%
(Rupees)
12.28
9.70
index
Note
26
27
28
29
30
31
32
33
34
Activity Ratios
Inventory Turnover
4.66
365
Inventory Turnover
78.34
Recievable Turnover
Sales
Average Trade Recievables
9.29
365
Recievable Turnover
39.29
Payable Turnover
Purchases
Average Account Payable
-1.22
365
Payables Turnover
-298.94
Sales
Average Working Capital
-6.47
Sales
Average Fixed Assets
0.21
Sales
Average Total Assets
0.16
index
4.66
78.34
9.29
39.29
-1.22
-298.94
-6.47
0.21
0.16
W.C
Avg. WC
C.A
C.L
16315930 20338480
-2011275
Liquidity Ratios
416.57
Current Ratio
Current Assets
Current Liabilities
0.88
Quick Ratio
0.09
Cash Ratio
0.03
0.38
Projected Expenditure
Defensive Interval
4393084
81
index
416.57
0.88
0.09
0.03
0.38
4393084
81
Total Debt
Total Capital
33%
Debt to Equity
Total Debt
Total Equity
48%
EBIT
Interest Expense
8.34
2.27
2.14
CFO to Debt
0.30
os
33%
48%
8.34
2.27
2.14
0.30
index
Profitability Analysis
Gross Profit
Sales
0.33
Operating Margin
Operating Income
Sales
0.17
EBIT Margin
EBIT
Sales
0.17
Profit Margin
Net Income
Sales
0.15
Return on Assets
NI
Average Total Assets
0.05
Return on Equity
NI
Average Stakeholders Equity
0.038
NI
Average total capital
0.025
Return on Sales
NI
Sales
0.15
Basic EPS
12.28
Dividends
NI
0.33
BV of Equity
No. of Shares outstanding
85.88
12.60
0.081
index
0.33
0.17
0.17
0.15
0.05
0.038
0.025
0.15
12.28
0.33
85.88
12.60
0.081
Forecast working
2012
40%
32%
125%
2011
41%
36%
122%
2010
39%
28%
128%
index
2016
Assets
Non-Current Assets
Fixed assets
Property, plant,and equipment
Intangible assets
Long term advance
Long term deposit
Total Non-Current Assets
Current Assets
Store and spares
Stoke-in-trade
Trade debets-considered good
Loan and advances
Trade deposit and
Short term prepayments
Other receivables
Tax refunds due from Govt.
Taxation-net
Sales tax refundable
Cash and bank balance
Total Assets
Equity and Liabilities
Share Capital and Reserves
Share capital
Reserves
Non-Current Liabilities
Long term finance
Long term deposits
Deferred liability
Deferred tax liability
Current Liabilities
Trade and other payables
Accrued mark-up
43907041
41360923
7542511
1491564
741830
86211
7105130
1405070
698812
81211
46196
43517
261489
643691
49759
0
419563
11282814
55189855
246326
606364
46874
0
395233
10628536
51989459
3233750
24539079
27772829
3233750
24539079
27772829
658298
37306
391837
1652796
2740237
658298
37306
391837
1652796
2740237
5333656
112707
5024364
106171
10567644
350065
8185421
329765
14109145
13290972
55189855
55189855
-10567644
51989459
51989459
-8185421
2013
2012
2011
2010
(Rupees in '000')
38962450
36703063
34574694
31705156
1685
31706841
55373
3175
31765389
31378255
2977
31381232
55373
2175
31438780
6693111
1323591
658289
76502
6304986
1246838
620115
72066
5939367
1174535
584156
67887
6313584
1248538
620961
72164
4008288
608813
779305
86471
67%
13%
6.6%
0.8%
40994
38616
36377
38669
48807
0.4%
232042
571202
44156
0
372314
10012200
48974650
218586
538078
41595
0
350724
9431604
46134666
205910
506876
39183
0
330386
8884676
43459370
218884
538812
41652
0
351202
9444466
41209855
204249
538812
145151
117939
333629
6871464
38310244
2.3%
5.7%
0.4%
0.0%
3.7%
3233750
24539079
27772829
3233750
24539079
27772829
3233750
24539079
27772829
3233750
24539079
27772829
3233750
21862179
25095929
658298
37306
391837
1652796
2740237
658298
37306
391837
1652796
2740237
658298
37306
391837
1652796
2740237
658298
37306
391837
1652796
2740237
1658600
31957
319217
1562850
3572624
24%
1.4%
14%
60%
4733006
100014
4458545
94214
4199999
88751
4043689
85448
3043320
155500
38%
0.8%
5941340
310642
3827391
292628
1836028
275659
6302252
265400
6267112
175759
12520244
11794209
11110276
10696789
9641691
48974650
48974650
-5941340
46134666
46134666
-3827391
43459370
43459370
-1836028
41209855
38310244
59%
2.5%
index
Note
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
18
25
LUCKY
Profit
2016
2015
35,074,030
(23,493,139)
11,580,890
33,040,127
(22,130,799)
10,909,328
(4,637,982)
(428,222)
(2,563,979)
(403,838)
3,037
3,549,907
(4,369,031)
(403,390)
(2,415,296)
(380,419)
2,861
3,344,052
213,770
73,903
(287,673)
3,262,234
201,374
69,618
(270,991)
3,073,061
Gross sales
Less:
Sales tax and excise duty
Rebates and commission
Net sales
Cost of sales
Gross profit
Distribution cost
Administrative expenses
Finance cost
Other charges
Other income
Profit before taxation
Taxation
current
deferred
Profit after taxation
Other comprehensive income
Total comprehensive income for the year
Earning per share - basic and diluted
2012
2011
(Rupees in '000')
31767053
5545549
203985
5749534
26017519
-17306400
8711119
31,124,168
(20,847,460)
10,276,708
29,319,313
(19,638,539)
9,680,774
27,619,120
(18,499,723)
9,119,397
(4,115,676)
(379,998)
(2,275,236)
(358,359)
2,695
3,150,134
(3,877,012)
(357,962)
(2,143,298)
(337,578)
2,538
2,967,461
(3,652,189)
(337,204)
(2,019,010)
(318,003)
2,391
2,795,382
-3236425
-313389
-517788
-325482
2486
4320521
189,696
65,581
(255,277)
2,894,857
178,696
61,778
(240,473)
2,726,988
168,334
58,195
(226,529)
2,568,853
-260175
-89946
-350121
3970400
3970400
12.28
2011
6%
66.52%
12%
1.20%
7.44%
1.25%
0.01%
8%
74%
26%
2010
Average
67.44%
14%
1.24%
7.18%
1.05%
0.01%
66.98%
13%
1.22%
7.31%
1.15%
0.01%
70%
30%
72%
28%
index
2010
(Rupees in '000')
Note
29052901
4226459
317649
4544108
24508793
-16529932
7978861
26
-3433047
-303244
-569184
-257774
1902
3417514
28
29
30
31
32
-195697
-84360
-280057
3137457
33
27
0.01%
3137457
(Rupees)
9.70
34
Date
LUCky Cement
172.67
7-May-13
174.14
8-May-13
176.87
9-May-13
177.03
10-May-13
178.19
13-May-13
180.65
14-May-13
178.74
15-May-13
178.68
16-May-13
178.12
17-May-13
179.2
20-May-13
181.8
21-May-13
182.58
22-May-13
179.31
23-May-13
177.53
24-May-13
177.49
27-May-13
180.51
28-May-13
178.2
29-May-13
179.2
30-May-13
182.36
31-May-13
182.85
3-Jun-13
185.55
4-Jun-13
189.81
5-Jun-13
193.71
6-Jun-13
191.36
7-Jun-13
189.08
10-Jun-13
193.2
11-Jun-13
191.1
12-Jun-13
200.63
13-Jun-13
203.65
14-Jun-13
201.07
17-Jun-13
198.56
18-Jun-13
206.86
19-Jun-13
200.69
20-Jun-13
200.61
21-Jun-13
201.36
24-Jun-13
202.97
25-Jun-13
210.69
26-Jun-13
208.71
27-Jun-13
209.72
28-Jun-13
208.66
1-Jul-13
218.08
2-Jul-13
219.71
3-Jul-13
KSE 100
RE
RM
19223.43
19253.86 0.008513 0.001583
19437.6 0.015677 0.009543
19662.79 0.000905 0.011585
19918.81 0.006553 0.013021
20230.78 0.013805 0.015662
20472.38 -0.010573 0.011942
20582.21 -0.000336 0.005365
20429.29 -0.003134 -0.00743
20545.28 0.006063 0.005678
20820.05 0.014509 0.013374
21186.08 0.00429 0.017581
21452.42 -0.01791 0.012571
21312 -0.009927 -0.006546
21279.45 -0.000225 -0.001527
20942.32 0.017015 -0.015843
21508.52 -0.012797 0.027036
21435.82 0.005612 -0.00338
21589.73 0.017634 0.00718
21823.87 0.002687 0.010845
22118.13 0.014766 0.013483
22267.31 0.022959 0.006745
22102.72 0.020547 -0.007392
22282.09 -0.012132 0.008115
22367.37 -0.011915 0.003827
22118.43 0.02179 -0.01113
22200.65 -0.01087 0.003717
22326.84 0.049869 0.005684
22771.79 0.015053 0.019929
22545.23 -0.012669 -0.009949
22200.64 -0.012483 -0.015284
22027.02 0.041801 -0.00782
22127.12 -0.029827 0.004544
22005.25 -0.000399 -0.005508
21734.6 0.003739 -0.012299
21070.12 0.007996 -0.030572
21168.65 0.038035 0.004676
20942.06 -0.009398 -0.010704
21038.54 0.004839 0.004607
20986.39 -0.005054 -0.002479
21377.83 0.045145 0.018652
21652.08 0.007474 0.012829
RF
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
RM-RF
-12%
-11%
-11%
-11%
-10%
-11%
-11%
-13%
-11%
-11%
-10%
-11%
-13%
-12%
-14%
-9%
-12%
-11%
-11%
-11%
-11%
-13%
-11%
-12%
-13%
-12%
-11%
-10%
-13%
-14%
-13%
-12%
-13%
-13%
-15%
-12%
-13%
-12%
-12%
-10%
-11%
4-Jul-13
5-Jul-13
8-Jul-13
9-Jul-13
10-Jul-13
11-Jul-13
12-Jul-13
15-Jul-13
16-Jul-13
17-Jul-13
18-Jul-13
19-Jul-13
22-Jul-13
220.58
221.7
228.88
239.32
247.85
242.74
241.65
234.65
232.98
225.92
228.61
230.91
234.32
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
-11%
-11%
-11%
-11%
-11%
-11%
-13%
-11%
-11%
-12%
-13%
-11%
-11%
index
RM
RM-RF
RF
RE
0.1421595237
0.0125029674
-11%
12%
10%
Engro
WD
WE
RE
RD
Tax
WACC
33%
67%
10%
6%
34%
8%
Fv
Coupon rat
Pmt
Nper
pv
Rate
rd
Engro
4,000,000,000
14.50%
580,000,000
1
4,250,000,000
7.8%
13%
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.0816294791
R Square
0.0066633719
Adjusted R Square
-0.0124392556
Standard Error
0.0190242751
Observations
54
ANOVA
df
Regression
Residual
Total
Intercept
X Variable 1
1
52
53
SS
MS
F
0.0001262459 0.0001262459 0.3488196515
0.0188199983 0.000361923
0.0189462442
Coefficients
0.0223740987
0.1421595237
Standard Error
t Stat
P-value
0.0281085541 0.7959889581 0.4296573697
0.2406996661 0.5906095592 0.5573403751
index
Significance F
0.55734
2016
Dividends
Terminal
2015
2014
2013
2012
1000
2000
9549.432
10549.43
2000
Re=
10%
NPV
$15,837.86
2000
2000
3000
2000
2000
3000
index