(Rs.

000)

2004

2005

2006

2007

2008

2009

2004

05 Vs 04

06 Vs 05

07 Vs 06

3,564,407

3,798,190

4,529,366

5,154,326

5,599,758

5,952,108

50.74

47.67

51.86

52.45

53.87

48.68

5,000

5,000

5,000

5,000

5,000

5,000

0.07

0.06

0.06

0.05

0.05

0.04

16,324

17,782

18,660

12,513

9,244

7,310

0.23

0.22

0.21

0.13

0.09

0.06

4,433

11,365

8,424

13,025

41,172

19,915

0.06

0.14

0.10

0.13

0.40

0.16

3,074,052

3,780,931

3,790,853

3,998,181

4,059,063

5,765,367

43.76

47.45

43.40

40.69

39.05

47.15

121,464

125,232

140,008

140,777

190,646

218,375

1.73

1.57

1.60

1.43

1.83

1.79

Trade debts

12,486

2,894

2,406

2,386

2,666

1,684

0.18

0.04

0.03

0.02

0.03

0.01

Loans and advances

32,273

32,676

12,205

38,580

65,917

48,598

0.46

0.41

0.14

0.39

0.63

0.40

Short term prepayments

36,003

31,987

72,235

64,887

105,728

72,483

0.51

0.40

0.83

0.66

1.02

0.59

119,126

104,791

92,360

229,891

246,675

88,147

1.70

1.32

1.06

2.34

2.37

0.72

39,197

57,605

62,883

166,666

69,172

47,874

0.56

0.72

0.72

1.70

0.67

0.39

3,434,601

4,136,116

4,172,950

4,641,368

4,739,867

6,242,528

48.89

51.91

47.78

47.23

45.60

51.06

7,024,765

7,968,453

8,734,400

9,826,232

10,395,041

12,226,861

100

100

100

100

100

100

2,554,938

2,554,938

2,554,938

2,554,938

2,554,938

2,554,938

36.37

32.06

29.25

26.00

24.58

20.90

707,885

1,084,476

1,584,249

1,149,742

1,053,393

1,705,296

10.08

13.61

18.14

11.70

10.13

13.95

Non Current Assets

Property Plant & Equipment
Investment in Subsidiary Company
Long Term Loans
Long Term Deposits and Prepayments

Current Assets
Stockintrade
Stores and spares

Other receivables
Cash and bank balances

Share Capital & Reserves

Share Capital
Revenue Reserves

Non Current Liabilities

Retirement Benefits
Deferred Taxation

Current Liabilities
Trade and other payables

08 Vs 07 09 Vs 08

489,503

739,133

4.98

7.11

0.00

624,475

724,673

845,004

809,109

836,939

1,109,847

8.89

9.09

9.67

8.23

8.05

9.08

41.20

2,056,298

2,515,824

2,212,241

3,548,237

4,324,704

5,037,469

29.27

31.57

25.33

36.11

41.60

Accrued interest / markup

5,041

10,911

11,115

8,401

10,354

27,659

0.07

0.14

0.13

0.09

0.10

0.23

Short term running finance

996,579

400,662

1,293,141

1,038,550

572,397

1,300,837

14.19

5.03

14.81

10.57

5.51

10.64

79,549

676,969

233,712

227,752

303,183

490,815

1.13

8.50

2.68

2.32

2.92

4.01

3,137,467

3,604,366

3,750,209

4,822,940

5,210,638

6,856,780

44.66

45.23

42.94

49.08

50.13

56.08

7,024,765

7,968,453

8,734,400

9,826,232

10,395,041

12,226,861

100

100

100

100

100

100

Net turnover

9,572,576

11,753,180

13,890,994

16,042,877

18,872,495

21,666,525

100

100

100

100

100

100

Cost of sales

6,089,955

7,223,576

8,357,474

9,527,306

11,595,736

13,442,066

63.62

61.46

60.16

59.39

61.44

62.04

Gross Profit

3,482,621

4,529,604

5,533,520

6,515,571

7,276,759

8,224,459

36.38

38.54

39.84

40.61

38.56

37.96

Selling and distribution expenses

1,442,356

1,578,656

1,816,198

1,795,793

1,933,364

2,246,014

15.07

13.43

13.07

11.19

10.24

10.37

Administrative expenses

595,637

573,285

644,981

736,147

928,358

1,100,814

6.22

4.88

4.64

4.59

4.92

5.08

Other operating income

14,590

8,100

20,686

71,756

60,551

226,499

0.15

0.07

0.15

0.45

0.32

1.05

381,914

304,462

251,932

335,763

615,458

514,665

3.99

2.59

1.81

2.09

3.26

2.38

1,077,304

2,081,301

2,841,095

3,719,624

3,860,130

4,589,465

11.25

17.71

20.45

23.19

20.45

21.18

26317

47,402

30,878

59,600

102,826

0.00

0.22

0.34

0.19

0.32

0.47

21,265

25,554

27,824

25,928

26,013

43,802

0.22

0.22

0.20

0.16

0.14

0.20

Income tax liability

Profit and Loss Account

Other operating expenses

Operating profit
Finance income
Finance cost
Profit before income tax

1,056,039

2,082,064

2,860,673

3,724,574

3,893,717

4,648,489

11.03

17.71

20.59

23.22

20.63

21.45

Income tax expense

390,812

760,145

955,685

1,304,367

1,361,422

1,626,083

4.08

6.47

6.88

8.13

7.21

7.51

Profit for the year

665,227

1,321,919

1,904,988

2,420,207

2,532,295

3,022,406

6.95

11.25

13.71

15.09

13.42

13.95

Vertical Analysis
Balance Sheet
%

Sheet1
Pakistan Tobacco Company Limited

17