TARIQ GLASS INDUSTRIES LIMITED

CHART OF ACCOUNT
CODE CODE LEVELS DEFINATION 1ST 2ND 3RD 4TH

01-000-0000-0000

SHARE CAPITAL & RESERVES Issued, Subscribed and Paid up Share Capital Ordinary Share Capital Fully paid in cash Issued for consideration other than cash Fully paid Bonus shares Right Issue Preference Share Capital 5% Preference Shares Capital Reserves Fair Value Reserve Share Premium Account Revenue Reserves General Reserves Dividend Equilisation Reserve Un-appropriated Profit Surplus on Revaluation of Assets Revaluation of Operating Fixed Assets Revaluation of Plant & Machinery Revaluation of Freehold Land Revaluation of Securities NON CURRENT LIABILITIES Redeemable Capital Participatory Redeemable Capital Other Redeemable Capital Long Term Loans Loans From Banking Companies HBL UBL MCB Loans From Other Financial Institutions LOAN FROM Associated Undertakings Directors Mr.Tariq Baig Mr. Omer Baig Liabilities Agaist Assets Subject to Finance Lease Lease -Plant & Machinery Lease-Vehicles First National Bank Modaraba Standard Chartered Modaraba Deferred Liabilities Deferred Tax Liability Defined Benefit Plan Gratuity Other deferred Liability Security Deposits Customers Local Export Employees Others CURRENT LIABILITIES Short Term Loans Loans From Banking Companies HBL-RF UBL-RF MCB-RF Loans From Other Financial Institutions LOAN FROM Associated Undertakings Directors Current Maturity Loans From Banking Companies HBL UBL MCB Loans From Other Financial Institutions

02-000-0000-0000

03-000-0000-0000

LOAN FROM Associated Undertakings Directors Mr.Tariq Baig Mr. Omer Baig Lease -Plant & Machinery Lease-Vehicles First National Bank Modaraba Standard Chartered Modaraba Deposits Trade Creditors and Other Payables Domestic Creditors Raw materials Packing materials Services Stores Others Foreign Creditors Raw materials Packing Material Stores Others Accrued Liabilities Sui Gas Electricity Salaries EOBI ESSI Bills-Petrol Telephone Rent Exgratia payable - 10-C Commission Payable Accrued Freight Others Advances From Customers Domestic Foreign Retention money Civil Contractors Machinical Contractors Others Sales Tax & Duties Payable Sales tax - output Sales tax - Un-Registered Person(SRO-603) Sales Tax deducted (SRO-704) Sales tax - input Raw Material Packing Material Stores Oil & Lubrication Services Others Input tax carried forward FED - Input Banking Companies Insurance Companies FED - Input (others) Sales tax capitalized Income tax deducted at source Salaries Dealers commission Freight Suppliers of Goods Rent Suppliers of Services Advertisement Dividend Others Workers Welfare Fund (WWF) Workers Profit Participation Fund (WPPF) Mark-up Accrued Long term Loans From Banking Companies HBL UBL

MCB Long Term Loans From Other Financial Institutions Long term Loans From Associated Undertakings Short term Loans From Banking Companies HBL-RF UBL-RF MCB-RF Short Term Loans From Other Financial Institutions Short term Loans From Associated Undertakings Lease Financial Charges Other Liabilities Provident Fund Payable Unclaimed Dividend Dividend Payable Advances to Staff Group Insurance Payable Professional Tax-Staff Zakat Payable Miscellaneous Provisions for Taxation 05-000-0000-0000 Operating Fixed Assets Tangible Owned Fixed Assets Free Hold Land cost Owned Factory Building on Freehold Land cost Accumulated Depreciation Owned Office Building on Freehold Land Factory-cost Accumulated Depreciation Plant and Machinery cost Accumulated Depreciation Owned Office and Other Equipments Cost Accumulated Depreciation Owned I.T Equipments Cost Accumulated depreciation Owned Furniture & Fixture Cost Accumulated Depriciation Owned Vehicles Cost Accumulated Depreciation Tangible Leased Fixed Assets Lease Hold Land Cost Leased Plant & Machinery Cost Accumulated Depreciation Leased Vehicles Cost Accumulated Depreciation Intangible Owned Fixed Assets ERP cost Accumulated Amortization Patents Cost Accumulated Amortization Trademark Cost Accumulated Amortization Intangible leased Fixed Assets Capital Work In Progress Building Plant & Machinery Major Repairs and Replacements Others 06-000-0000-0000 Investment Property

07-000-0000-0000

Long Term Investments Investment in Subsidiary - Quoted ABCD Cost Revaluation reserve Investment in Subsidiary - Unquoted Advances against issue of shares Investment in Associated Undertaking - Quoted ABCD Cost Revaluation reserve Investment in Associated Undertaking - Unquoted Advances against issue of shares Equity Investment in Others - Quoted XYZ Cost Fair Value Gain / Loss

08-000-0000-0000

Long Term Deferred Cost Preliminary Expenses/ Organisational Cost XXX Cost Amortization

09-000-0000-0000 12-000-0000-0000

Long Term Deposits Current Assets Stores, Spares and Loose Tools Stores Electric Materials Building Materials Hardware, Sanitary Fittings Paints Oil and Grease Steel Structure Non Ferrous Materials Welding Materials Safety and Welfare Rubber Lined Material Laboratory Chemicals---Laboratory Chemicals---Crockery and Medicine Stationary Items Engineering Division----Miscellaneous Items Spares Generator Power Plant Boiler Spares Pipe and Fittings Valves and Spares Ball and Roller Bearing Miscellaneous Loose Tools Provision for Obsolete Stores & Spares Stores Spares Loose Tools Stock in Trade Raw Material Silica Sand Dolomite Soda ash Lime Stone colours Others Packing Material WIP Finished Goods Trade Debts Domestic-Secured Foreign-Secured Domestic-Unsecured Foreign-Unsecured

Provision For Doubtful Debts Short Term Loans and Advances Advances Against Purchase of Assets Advances Against Expenses Advances against Raw Material Advances against Packing Material Advances against Stores Advances against Spares Advances against Loose Tools Advances against Services Advance Against Imports- Spares Advances Against Letter of Credits Advance Against Imports- Raw Material Advances from Customers Advances to Employees Advances to Workers Loan and Advances to Associated undertakings Miscellaneous Short Term Deposits Trade Deposits Short Term Prepayments Prepaid Rent Prepaid Insurance Prepaid Commission on Bank Guarantee Other Prepayments Other Receivables Insurance Claim Receivable Claims Receivable Services Charges Rent Electricity & Gas Tax Refund Due From Govt. Income Tax Sales Tax Taxation Current- Advance Income Tax Advance Income Tax - U/ S 147 Advance Income Tax on Import U/ S 148 Advance Income Tax on Dividends U/ S 150 Advance Income Tax on Goods and Services U/ S 153 Surcharge on Advance Income Tax Advance Income Tax on Rent U/ S 155 Advance Income Tax on Cash Withdrawal U/ S 231-A Advance Tax on purchase of new vehicles- U/S 231-B Advance Income Tax on Vehicles U/ S 234 Advance Income Tax on Electricity U/ S 235 Advance Income Tax on Telephone, Mobile U/ S 236 Advance Income Tax on Interest on Bank Deposits U/S 151 Previous - Advance Income Tax Advance Income Tax - Tax Year 2005 Advance Income Tax - Tax Year 2006 Advance Income Tax - Tax Year 2007 Advance Income Tax - Tax Year 2008 Advance Income Tax - Tax Year 2009 Advance Income Tax - Tax Year 2010 Advance Income Tax - Tax Year 2011 14-000-0000-0000 Bank and Cash Balances Cash at Bank MCB Saving Account Current Account HBL Saving Account Current Account UBL Saving Account Current Account NIB Saving Account Current Account Faysal Bank Saving Account Current Account

Cash in Hand Cash at Factory Cash at Lahore Cash in Transit 17-000-0000-0000 Sales Manufacturing Local Sales Export Sales Trading Local Sales Freight Revenue Manufacturing Local Sales Trading Commission on Sales Local Sales Export Sales Discount on Sales Local Sales Export Sales Export Rebates Price Adjustments Local Sales Local Sales 18-000-0000-0000 Cost Of Goods Manufactured Material Cost Raw Material Consumed Local Packing Material Consumed Imported Packing Material Cost Consumed Labour Cost Salaries, Wages and Other Benefits Salaries to Management Allowances to Management Salaries to Executives Allowances to Executives Salaries to Staff Allowances to Staff Overtime to Staff Salaries & Wages to Workers normal Salaries & Wages to Workers Overtime Allowances to Workers Bonus/Ex-Gratia to Management Bonus/Ex-Gratia to Executives Bonus/Ex-Gratia to Staff & Workers Company Contribution to Provident Fund for Executives Company Contribution to Provident Fund for Staff & Workers Retirement Benefit - Gratuity Gratuity to Staff & Workers Company Contribution to Social Securities Wages of Security Staff Medical Expenses Executives Medical Expenses Staff & Workers Old Age Benefit Contribution Group Insurance Workers Canteen Subsidy Officers Mess Expense Entertainment Expenses Uniforms Other Benefits to Staff & Workers Salary of contract workers Stipend of trainee,s Recreational and Supports Activities Training and Seminars Gardening and Cleaning ExpensesFactory Overheads Stores, Spares and Loose Tools Stores Spares Loose Tools Price Difference on Stores & Spares Fuel and Power Electricity Expense

Gas Expense Power Plant Expenses Repair and Maintenance Rent, Rates and Taxes Insurance Building Plant & Machinery Power Plant Insurance - Stores and Spares Vehicles Electrification Cash in Safe & in Transit Generators General Vehicle Running Expenses Telephone, Telex and Postages Telephone Telex & Postages Phone, Mobile & Internet Card expenses V-Wireless Printing, Stationery, Books & Periodicals Depreciation Amortization Other Manufacturing Cost Travelling & Conveyance Fee and Subscription Training General Expenses Stock Adjustment Account 19-000-0000-0000 Administration Expenses Salaries and Other Benefits Employee Cost Salaries to Management Salaries to Executives Salaries to Staff Allowances to Staff Overtime to Staff Bonus/Es-Gratia to Management Bonus/Ex-Gratia to Executives Bonus/Ex-Gratia to Staff Contributioin to Provident Fund for Staff & Workers Company Contribution to Social Securities Medical Expenses Management Medical Expenses Executives Old Age Benefit Contribution Canteen Expenses- Officers Mess Uniforms Other Benefits Staff Directors' Remuneration Trainings and Seminars Stipend of Trainees Recreational and Supports Activities Salary of Security Staff Travelling and Conveyance Vehicle Running Expenses Telephone, Telex and Postages Factory-PTCL Factory-Mobile Head Office-PTCL Head Office-Mobile Gulberg Office-PTCL Gulberg Office-Mobile 118-D Office-PTCL 118-D Office-Mobile Fax Charges Postage Charges Others Fuel and Power Head Office Electricity Gas Generator Fuel Water Charges

Gulberg Office Electricity Gas Generator Fuel Water Charges 118-D Office Electricity Gas Generator Fuel Water Charges Repair and Maintenance Legal and Professional Charges Rent, Rates and Taxes Insurance Printing, Stationery, Books & Periodicals Fee and Subscription Provision for Doubtful Advances and Deposits Provision for Doubtful Debts for the year Amortization of Intangible Assets Depreciation Donations Entertainment Other General Expenses Other Expenses Bad debts Written Off General Expenses 20-000-0000-0000 Selling and Distribution Expenses Salaries and Other Benefits Employee Cost Salaries to Management Salaries to Executives Salaries to Staff Allowances to Staff Overtime to Staff Bonus/Es-Gratia to Management Bonus/Ex-Gratia to Executives Contributioin to Provident Fund for Staff & Workers Company Contribution to Social Securities Medical Expenses Management Medical Expenses Executives Old Age Benefit Contribution Uniforms Other Benefits Staff Directors' Remuneration Trainings and Seminars Stipend of Trainees Recreational and Supports Activities Salary of Security Staff Travelling and Conveyance Vehicle Running Expenses Telephone, Telex and Postages Fuel and Power Head Office Electricity Gas Generator Fuel Water Charges Gulberg Office Electricity Gas Generator Fuel Water Charges 118-D Office Electricity Gas Generator Fuel Water Charges Marketing Service Charges Freight & Farwarding Expenses Local Exports Advertisement Expenses Repair and Maintenance

Rent, Rates and Taxes Insurance Printing, Stationery, Books & Periodicals Fee and Subscription Amortization of Intangible Assets Depreciation Entertainment Other General Expenses Other Expenses General Expenses 21-000-0000-0000 Financial Charges Mark-up/Interest on Redeemable Capital Long term Loan HBL NIB UBL Long Term Modarba Long Term Murahaba Liabilities against Finance Lease Short term Loan HBL NIB UBL Short term Running Finances Short term Overdrafts Short Term Murahaba Mark up on Workers Profit Participation Fund Bank Commission and Charges Bank Commission Bank Charges Clearing/Collection Charges Account Opening/Closing Charges Online Charges Cheque Book Charges Transaction and other Charges Charged to customers Other Bank Charges Arrangement Fees for Loans Documentation & Stamping Charges 22-000-0000-0000 Other Income Income From Financial Assets Dividend Income Realised Foreign Exchange Gain Realised Foreign Exchange Gain Un-realised Foreign Exchange Gain Recovery of Bad Debts Recovery of Bad Debts written off Exsess Recoveries/ Short Payments Recovery of doubtful debts (Prov. W/back) Interest from Bank Deposits Long Term Deposits Short Term Deposits Profit on Saving Accounts HBL UBL MCB Income From Non-Financial Assets Gain/Loss on Sale of Fixed Assets Sale of Scrap Income From Obsolote Inventory Income From Related Parties Interest on Advances Services Charges Rental Income Other Investment Income Fair Value Gain on Investment Properties Fair Value Gain / Loss on Investment Properties-Land Miscellaneous Income Other Operating Expenses Auditor's Remuneration

23-000-0000-0000

Audit Fee Half Yearly Review Charges Tax and Certificate Charges Out of Pocket Expenses Worker's Fund Worker's Profit Participation Fund Worker's welfare fund Realised Foreign Exchange Loss Unrealised Foreign Exchange Loss Miscellaneous Operating Expenses 24-000-0000-0000 Taxation Current Taxation Current Current Current Current Others Deferred Taxation Extraordinary Items

Taxation Taxation Taxation Taxation

NTR FTR FTR - Dividend Income U/ S 150 Prior Year Adjustment

8092 42461