Company Name : Idrees textiles mills limited

Auditor Name : M/s. M. Yousuf Adil Saleem & Co.

Location
: Karachi

Audited/Unauditd
Qualified/Unqualified
Key Figures
Sales
Gross Profit
Net Income
Total Assets
Net Worth
Total equity
Excutive loan

2009

2010

23870379
5409805
1268001
31512686

31535647
7015721
2915461
46182314
6.02E+08
31376313
1579
31377892

19330767
492
19331259

Annual Growth In %age

Sales Growth
21.8510354
32.11205
Gross Profit
22.6632556
22.24695
Operating Profit
10.0932247
10.88083
*(operating profit for the year 2007 is 95189205. For details see the annul report)
Net Income
5.31202709
9.24497
(net income for the year 2007 is 21127840. For dtails see the annal report)
Total Assets
-21.760658
46.5515
Net worth
19331259
31377892

Profitibility Ratios:
operating profit margin
Gross profit margin
Net profit margin
Return on Equity

10.0932247
22.6632556
5.31202709
0.05534363

10.88083
22.24695
9.24497
0.028748

12.2982312
29.6790647
2.23626959
163.218246
0.54339821
2.04844063

16.24745
22.46507

0.86384181
0.14703406

1.110188
0.203611

Turnover efficiency
Rceivable turnover
Days of sales of outstanding
Payables Turnover
Number of days of payables
Total asset turnover
Fixed asset turnover
Inventory Turnover
Day Inventory

#DIV/0!

Liquidity ratios:
current ratio
Quick Ratio

Leverage
total liability/net equity

0.63018291

0.471885

totallongtermliability/net equity

0.13344809

0.135057

total debt/total equity

0.52301722

interest coverge ratio

2.07928208

total liabilitis/total assets

0.3865719

totallongtermliabilitis/total assets

0.08186081

fixed assets/long term borrowing

4.75595557

2011

48565144
8947252
4843912
54088904
7.27E+08
35393959

32.11205
18.4232
9.405871
9.974051
17.12039
20.71731

9.405871
18.4232
9.974051
0.036273

25.02119
14.58763
#DIV/0!

1.203599
0.235862

0.528196
0.095287

Nishat Mills Limited

Balance Sheet
June 2011, June 2010, June 2009
Current Assets
Cash
Stores & Spares
Stock in trade
Trade debts
Short Term Deposits
Prepaid expense
Loans and advances
Excise Duty Payment
Other current assets
Accrued Interest
Short term investments
Total current Assets

1414310
8294838

2010
110585
688832
6060441
2041256
25973
5939
504046
556781
167626
16906
1554543
11732928

Long Term Assets

Net Fixed Assets
Capital Work In progress
Long Term Deposits
Long Term Investments
Long Term Loans
Investment Properties
Tota long term assets

11102355
97280
11848
11952949
12367
41049
23217848

11476005
365662
16823
21959543
498803
132550
34449386

Total Assets

31512686

46182314

1227017
82641
202777
7342600
433313
313917
9602265

1966220
173101
232247
6649447
1128632
418768
10568415

2334411

2980694
none
1256892
4237586

Current Liabilities
Trade and other paybles
WPPF
Accrued Markup on Loans
Short term borrowing
Current Portion of Long term debt
Provision for taxation
Total Current Liabilities
Long Term Liabilities
Long term financing
Liabilities against assets subject to finance lease
Deffered income tax
Total long term liabilities

2009
111494
561251
4092512
1300366
24908
4972
462025
303475
19525

245243
2579654

Total liabilities

12181919

14806001

Share Capital And Reserves

Issued,subscribed and paid up share capital
Reserve
Total equity

2424827
16905940
19330767

3515999
27860314
31376313

Total Liabilities + Equity

31512686

46182314

Nishat Textile Mills Limited

Income Statement
For the yearyear
2008,
2009,2010,2011
2009, 2010

Net sales
cost of goods sold
less: depreciation
Gross profit
Administrative expenses
less: dep
Distribution cost
less: dep
Depreciation
Other oprating expenses
Total operating expenses
Operating income
Gain on sale of fixed asset
Income from non financial assets
Income from financial assets
Other Oprating income
Profit before interests & taxes
Finance cost
Profit before taxes
Tax current payable
Prior year adjustment
Provision fot taxation
Net income/(loss)

19518838
1058264

2009

2010

23870379

31535647

18460574

25555462
1035536

5409805
435012
55013
1315630
3654

379999
1311976
1116931
191608
3000514

24519926

7015721
545166
60218
1714598
3767

484948
1710831
1099521
289080
3584380

2409291
2067
84479
512460

3431341
29354
104786
847510

599006

981650

3008297

4412991

1446796

1126922

1561501

3286069

293500
none
293500

400608
30000
370608

1268001

2915461

2011
1132701
955136
9846680
2481259
1117
46094
756351
746125
660765
34260
1781471
18441959

Average

12380494
923020
29502
21337889
849206
126834
35646945

11652951

54088904

43927968

2296949
280071
358454
10471685
1283865
631325
15322349

1830062

2659328
202628
510640
3372596

6666544
1940960

18694945

3515999
31877960
35393959
54088904

2011
48565144
40718697
1100805

39617892

8947252
656756
63552
2190496
3941

593204
2186555
1168298
431220
4379277

4567975
57477
151327
2236181
2444985

7012960
1601048

5411912
568000
none
568000

4843912