JAVED IQBAL SECURITIES (PVT) LIMITED(v) Provision for taxation (Note 20) Javed Iqbal Securities (Private) Limited ("the Company") was incorporated, in Pakistan, on February 20, 2001

FINANCIALS OF

JAVED IQBAL SECURITIES (PVT) LIMITED

IECnet S.K.S.S.SCHARTERED ACCOUNTANTS

FOR THE PERIOD ENDED 31-Dec-18

EMAIL: [email protected]

11 HAPPY HOME, 38/A MAIN GULBERG,SALMAN AHMED ROAD,

LAHORE, PAKISTAN.TEL: 042 - 35776691 - 95; FAX: 042 - 35776695

Sr. No. Contents

1 Balance Sheet

2 Profit & Loss

3 Statement of Comprehensive Income

4 Cash Flow Statement

5 Statement of Changes in Equity

6 Notes to the Accounts

JAVED IQBAL SECURITIES (PVT) LIMITED

JAVED IQBAL SECURITIES (PRIVATE) LIMITEDBALANCE SHEETAS AT DECMBER 31, 2018

Dec-18 Jun-18Note Rupees Rupees

EQUITY AND LIABILITIES

Share Capital and ReservesAuthorised Share Capital 16 40,000,000 40,000,000

Issued, Subscribed and Paid Up Share Capital 16 37,500,000 15,000,000

ReservesCapital Reserves 2,746,004 2,746,004 Accumulated Profit 3,689,991 30,903,004 Revaluation Surplus 17 22,818,784 22,818,784

66,754,779 71,467,792

Current LiabilitiesLoan and Financing 18 6,542,804 5,317,804 Trade and Other Payables 19 15,240,747 25,077,462 Provision for Taxation 20 12,216 12,216

21,795,767 30,407,482

Contingencies and Commitments 21 - -

88,550,546 101,875,274

The annexed notes from 1 to 39 form an integral part of these financial statements.

Chief Executive

JAVED IQBAL SECURITIES (PRIVATE) LIMITEDBALANCE SHEETAS AT DECMBER 31, 2018


ASSETS

Non-Current AssetsProperty, Plant and Equipment 7 2,087,926 1,957,123 Room Rights 8 22,000,000 22,000,000 Intangible Assets 9 2,500,000 2,500,000 Long-term Investment 10 15,259,068 15,259,068 Long-term Deposit 11 800,000 800,000

42,646,994 42,516,191

Current Assets

Trade Debts 12 30,408 13,726 Advances, Prepayments and Other Receivables 13 4,658,943 3,080,834 Short term Investment 14 28,927,750 33,925,250 Cash and Bank Balances 15 12,286,450 22,339,272

45,903,551 59,359,082

88,550,546 101,875,274


Chief Executive Officer Director

JAVED IQBAL SECURITIES (PRIVATE) LIMITEDPROFIT AND LOSS ACCOUNTFOR THE PERIOD ENDED DECEMBER 31, 2018


Brokerage Income 22 2,475,867 4,787,254 Operating expenses 23 2,670,823 9,831,337

Operating (Loss)/Profit (194,956) (5,044,083)

Finance Cost 24 (120,761) (53,452) Other Income/(Loss) 25 446,083 (427,054) Profit before Taxation 130,366 (5,524,589)

Taxation 26 - (12,216)

Profit for the year 130,366 (5,536,804)

Basic Earning Per Share 27 0.65 (36.91)



JAVED IQBAL SECURITIES (PRIVATE) LIMITED

FOR THE PERIOD ENDED DECEMBER 31, 2018


Net Profit / (Loss) For the Year 130,366 (5,536,804)

Other Comprehensive Income - -

Loss/ Gain arising due to remeasurement of investment (4,844,381) (5,317,621)

Total Comprehensive Income /(Loss) for the Year (4,714,015) (10,854,425)



STATEMENT OF COMPREHENSIVE INCOME

Dec-2018Note Rupees

A CASH GENERATED FROM OPERATIONS

Profit/(Loss) before Taxation 130,366 Adjustments for non-cash items:

Depreciation 1 Loss on remeasurement of TREC 2,600,000 Gain on remeasurement of LSE shares (371,684)

Operating Profit/(Loss) before Working Capital Changes 2,358,683

Changes in Working Capital(Increase)/Decrease in Trade Debts (16,682) (Increase)/Decrease in Advances, Pre-payments & Other Receivables (109,119) Increase/(Decrease) in Trade and Other Payables (9,836,715)

(9,962,516)

Tax Paid (81,584)

Net Cash Flow from Operating Activities (7,685,417)

B CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Fixed Assets (130,803) Decrease in Long-term Deposits - Net Cash (used in)/from Investing Activities (130,803)

C CASH FLOWS FROM FINANCING ACTIVITIES

Net Increase/(Decrease) in Long Term Borrowings 1,225,000

Net Cash (used in)/from Financing Activities 1,225,000

Net Increase/(Decrease) in Cash and Cash Equivalents (A+B+C) (6,591,220) Cash and Cash Equivalents at the Beginning of The Year 26,806,777

Cash and Cash Equivalents at the End of the Year 20,215,557


Chief Executive Officer

JAVED IQBAL SECURITIES (PRIVATE) LIMITEDCASH FLOW STATEMENTFOR THE PERIOD ENDED DECEMBER 31, 2018

June-2018Rupees

2,356,220

639,544 - -

2,995,764

(4,971,911) (966,690)

16,384,432 10,445,831

-

13,441,594

(418,981) 120,000

(298,981)

(1,984,358)

(1,984,358)

11,158,256 15,648,521

26,806,777

Director

JAVED IQBAL SECURITIES (PRIVATE) LIMITED

UnappropriatedProfit

Rupees Rupees Rupees Rupees

Balance - As at June 30, 2017 10,000,000 13,063,625 22,818,784 36,439,809 82,322,218

Profit/(Loss) for the period (5,536,805) (5,536,805)

Issue of Shares 5,000,000 (5,000,000) - -

Revaluation gain/(loss) - (5,317,621) - - (5,317,621)

Balance - As at June 30, 2018 15,000,000 2,746,004 22,818,784 30,903,004 71,467,792

Profit/(Loss) for the period (4,714,015) (4,714,015) Opening Difference 1,002 Issue of Shares 22,500,000 - - Transfer to Capital (22,500,000) Revaluation gain/(loss) - - - -

Balance - As at December 31, 2018 37,500,000 2,746,004 22,818,784 3,689,991 66,754,779



Revaluation

Surplus

STATEMENT OF CHANGES IN EQUITY

Share Capital TotalSurplus/(Deficit) on remeasurement of

value of Investments

FOR THE PERIOD ENDED DECEMBER 31, 2018

JAVED IQBAL SECURITIES (PRIVATE) LIMITEDNOTES TO THE FINANCIAL STATEMENTSFor the year ended December 31, 2018

1 LEGAL STATUS AND NATURE OF BUSINESS

2 STATEMENT OF COMPLIANCE

3 USE OF ESTIMATES AND JUDGEMENTS

4 BASIS OF MEASUREMENT

5 AMENDMENTS TO EXISTING STANDARDS & FORTHCOMING REQUIREMENTS

(i) Estimates of useful lives and residual values of items of property, plant and equipment (Note 7); (ii) Estimates of useful lives of intangible assets (Note 8);(iii) Provision against doubtful debts (Note 12);(iv) Classification, recognition, measurement / valuation of financial instruments (Note 14 ); and(v) Provision for taxation (Note 20)

Javed Iqbal Securities (Private) Limited ("the Company") was incorporated, in Pakistan, on February 20, 2001 as a private limitedcompany, limited by shares, under the Companies Ordinance, 1984. The registered office of the company is situated at Mezzanine FloorOffice No. 7-8 Stock Exchange Building, 19 Khayan-E-Aiwan-e-Iqbal, Lahore. The principal activity of the company is to carry on thebusiness of trading and brokerage in stocks and securities and rendering of consultancy services.

These financial statements have been prepared in accordance the approved accounting standards as applicable in Pakistan. Approvedaccounting standards comprise of such International Financial Reporting Standards ("IFRS" or "IFRSs") issued by the InternationalAccounting Standards Board ("IASB") as are notified under the Companies Act, 2017, provisions of or directives issued under theCompanies Act, 2017, and Securities Brokers (Licensing and Operations) Regulations 2016 (the "Regulations"). In case requirementsdiffer, the provisions or directives of the Companies Act, 2017 and/or the Regulations shall prevail.

The preparation of financial statements in conformity with approved accounting standards requires management to make judgments,estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilties, income andexpenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to bereasonable under the circumstances, the results of which form the basis of making judgments about the carrying values of assets andliabilities that are not readily apparent from other sources. Actual results may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the periodin which the estimates are revised if the revision affects only that period, or in the period of revision and future periods in other cases.Judgments made by management in the application of approved accounting standards that may have a significant effect on the financialstatements and estimates with significant risk of material adjustment in the next year are discussed in respective policy notes. The areaswhere various assumptions and estimates are significant to the Company's financial statements or where judgement was exercised inapplication of accounting policies are as follows:

These financial statements have been prepared under the historical cost convention, except:

- Investments in quoted equity securities (whether classified as assets at fair value through profit or loss, or as available-for-sale), which are carried at fair value; - Investments in associates, which are recorded in accordance with the equity method of accounting for such investments;- Derivative financial instruments, which are marked-to-market as appropriate under relevant accounting and reporting standards; and- Staff retirement gratuity and pension, which are carried at the present value of the defined benefit obligation net of fair value of plan assets.

The following IFRSs (as well as amendments thereto and interpretations thereof) as notified under the Companies Act, 2017 are / will beeffective for accounting periods beginning on or after the dates specified below:

- IFRS 2: Share-Based PaymentAmendments to IFRS 2, which clarify the accounting (including the measurement and classification) of certain cash-settled and

equity-settled share-based payments, are effective for annual periods beginning on or after January 1, 2018. The amendments are not

equity-settled share-based payments, are effective for annual periods beginning on or after January 1, 2018. The amendments are notexpected to have an impact on the Company's financial statements.

- IAS 40: Investment PropertyAmendments to IAS 40 pertain to rules around the change in classification of an asset from or to an investment property. The

amendments, effective for annual periods beginning on or after January 1, 2018, are not expected to impact the Company's financialstatements.

- IAS 28: Investments in Associates and Joint VenturesA first amendment to this standard relates to provisions under which certain businesses may elect to measure investments in

associates / joint ventures at fair value through profit or loss, albeit under a narrow set of precedent conditions. The provisions, whichare effective for annual periods beginning on or after January 1, 2018, are unavailable to the Company and are therefore not expected tohave an impact on the Company's financial statements.

A second amendment affects companies which finance associates or joint ventures with preference shares or with loans for whichrepayment is not expected in the foreseeable future. The amendments, which are to be applied in conjunction with IFRS 9 whereappropriate, are effective for annual periods beginning on or after January 1, 2019. The Company is currently in the process of assessingthe potential impact (including presentation) that the adoption of this amendment may have on its financial statements.

- IFRS 15: Revenue from Contracts with CustomersEffective for annual periods beginning on or after July 1, 2018, IFRS 15 specifies how and when to recognize revenue, and also

requires reporting entities to provide users of financial statements with more informative, relevant discosures. The standard replaces IAS18 (Revenue), IAS 11 (Construction Contracts), IFRIC 13 (Customer Loyalty Programmes) as well as various other standards andinterpretations. The Company is currently in the process of preparing a gap analysis and identifying the nature and quantum, if any, ofthe impact of the adoption of this standard on the Company's financial statements.

- IFRS 9: Financial InstrumentsIFRS 9 replaces IAS 39 (Financial Instruments: Recognition & Measurement). The new standard introduces new guidance on the

classification and measurement of financial instruments as well as a new expected credit loss model for calculating impairment onfinancial assets. IFRS 9 is effective for annual periods beginning on or after July 1, 2018. The Company is currently in the process ofpreparing a gap analysis and identifying the nature and quantum of the impact of the adoption of this standard on the Company'sfinancial statements.

An amendment to IFRS 9 pertaining to the classification and measurement of debt instruments where borrowers are permitted toprepay the instrument at an amount less than the unpaid principal and interest owed ("negative compensation") is effective for annualperiods beginning on or after January 1, 2019. The amendment is not expected to impact the Company's financial statements.

- IFRS 16: LeasesThis standard introduces a single, on-balance sheet lease accounting model for lessees, whereby the lessee recognizes a single,

right-of-use asset (representing its right to use an asset) and a lease liability representing the lessee's obligation to make lease payments.Guidance being replaced and superseded by IFRS 16 includes (but is not limited to) IAS 17 (Leases), IFRIC 4 (Determining Whether AnArrangement Contains a Lease) and SIC 15 (Incentives in Operating Leases). The standard is effective for annual periods beginning onor after January 1, 2019. The Company is currently in the process of identifying the nature and quantum of the impact of the adoption ofthis standard on the Company's financial statements.

- IAS 19: Employee BenefitsAmendments to IAS 19 clarify the approach to be employed (including the use of actuarial assumptions to determine current

service cost and net interest, and the relationship between the asset ceiling and the gain/loss on plan settlement) upon amendment,curtailment or settlement of a defined benefit plan. The amendments, effective for annual periods beginning on or after January 1, 2019,are not expected to significantly impact the Company's financial statements.

- IFRS 3: Business Combinations / IFRS 11: Joint ArrangementsAmendments to these standards relate to the re-measurement of a previously-held interest in a joint operation when a reporting

entity obtains control of the joint operation (when that joint operation meets the defintion of a business). The amendments, effective forannual periods beginning on or after January 1, 2019, are not expected to impact the Company's financial statements.

- IAS 12: Income TaxesAn amendment to this standard clarifies that the income tax consequences of dividends are recognized consistently and

concurrently with the transaction that generates distributable profits. The amendment is effective for annual periods beginning on orafter January 1, 2019 and is not expected to impact the Company's financial statements.

- IAS 23: Borrowing CostsAn amendment to this standard clarifies that a reporting entity treats as general borrowings any borrowing originally made to

develop an asset when the asset is ready for its intended use (or sale). The amendment is effective for annual periods beginning on orafter January 1, 2019 and is not expected to impact the Company's financial statements.

In addition to the above, IFRIC 22 and 23 - which relate to foreign currency transactions / translations and uncertainty around incometax treatments - are effective for annual periods beginning on or after January 1, 2018 and January 1, 2019, respectively. Neither isexpected to materially impact the Company's financial statements upon adoption.

6 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6.1 Property, plant and equipment

6.2 Intangible assets

6.3 Investment property

Property that is held for long-term rental yields or for capital appreciation or for both (but not for sale in the ordinary course ofbusiness), used in the supply of services or for administrative purposes is classified as investment property. Investment property isinitially measured at its cost, including related transaction costs and borrowing costs, if any.

Subsequent expenditure is capitalized to the asset’s carrying amount only when it is probable that future economic benefitsassociated with the expenditure will flow to the Company and the cost of the item can be measured reliably. All other repairs andmaintenance costs are expensed when incurred. When part of an investment property is replaced, the carrying amount of thereplaced part is derecognized.

For the purpose of subsequent measurement, the Company determines with sufficient regularity the fair value of the items ofinvestment property based on available active market prices, adjusted, if necessary, for any difference in the nature, location orcondition of the specific asset. Valuations wherever needed are performed as of the reporting date by professional valuers whohold recognized and relevant professional qualifications and have recent experience in the location and category of theinvestment property being valued. These valuations form the basis for the carrying amounts in the financial statements.

The fair value of investment property does not reflect future capital expenditure that will improve or enhance the property anddoes not reflect the related future benefits from this future expenditure other than those a rational market participant would takeinto account when determining the value of the property. Changes in fair values are recognized in the profit and loss account.

expected to materially impact the Company's financial statements upon adoption.

Certain new standards, amendments and/or interpretations issued by the IASB are yet to be notified by the SECP for the purpose ofapplicability in Pakistan.

Significant accounting policies applied in the preparation of these financial statements are set out below. These policies have beenconsistently applied to all years presented, unless otherwise stated.

Items of property and equipment are stated at cost less accumulated depreciation (if any) and impairment losses (if any). Costincludes expenditure that is directly attributable to the acquisition of the items.

Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it isprobable that future economic benefits associated with the item will flow to the Company and the cost of the item can bemeasured reliably. Where such subsequent costs are incurred to replace parts and are capitalized, the carrying amount of replacedparts is derecognized. All other repair, maintenance and day-to-day servicing expenditures are charged to the profit and lossaccount during the year in which they are incurred.

Depreciation on all items of property and equipment is calculated using the reducing balance method, in accordance with therates specified in note 7 to these financial statements and after taking into account residual value, if material. Residual values anduseful lives are reviewed and adjusted, if appropriate, at each balance sheet date. Depreciation is charged on an asset from whenthe asset is available for use until the asset is disposed of.

An item of property and equipment is derecognized upon disposal or when no future benefits are expected from its use ordisposal. Any gain or loss arising on asset derecognition (calculated as the difference between net disposal proceeds and thecarrying amount of the asset) is included in the profit and loss account in the year in which the asset is derecognized.

The Company reviews the useful life and residual value of property, plant and equipment on a regular basis. Any change inestimates in future years might affect the carrying amounts of the respective items of property, plant and equipment with acorresponding effect on depreciation charge and impairment.

Intangible assets with indefinite useful lives, including Trading Right Entitlement Certificate ("TREC"), are stated at cost lessaccumulated impairment losses, if any. An intangible asset is considered as having an indefinite useful life when, based on ananalysis of all relevant factors, there is no foreseeable limit to the period over which the asset is expected to generate net cashinflows for the Company. An intangible asset with an indefinite useful life is not amortized. However, it is tested for impairmentat each balance sheet date or whenever there is an indication that the asset may be impaired. Gains or losses on disposal ofintangible assets, if any, are recognized in the profit and loss account during the year in which the assets are disposed of.

6.4 Financial assets

a) Financial assets at fair value through profit or loss

b) Loans and receivables

c) Available-for-sale financial assets

d) Held-to-maturity assets

6.5 Financial liabilities

The Company classifies its financial assets in the following categories: (a) at fair through profit and loss, (b) loans andreceivables, (c) available-for-sale and (d) held to maturity. Classification in a category depends on the purpose for which an assetwas acquired, and this determination is made at the time of initial recognition. The classification is re-evaluated on a periodicbasis, consistent with relevant accounting and reporting standards.

Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted inan active market. They are included in current assets, except for maturities greater than twelve months after thebalance sheet date, in which case such assets are classified as non-current assets.

Available-for-sale financial assets are those non-derivative financial assets that are designated as available for sale orare not classified in any of the other categories. These investments are initially recognized at fair value, whichincludes associated transaction costs. Subsequent to initial recognition, these assets are marked to market usingclosing market rates. Net gains and losses arising on changes in fair values of these assets are taken to equity. Theyare included in non-current assets unless management intends to dispose of the assets within twelve months from thereporting date.

When securities classified as available-for-sale are sold or impaired, accumulated fair value adjustments recognizedin equity are reclassified to the profit and loss account as gains / losses from available-for-sale investment securities.Dividends on available-for-sale equity instruments are recognized in profit and loss when the Company's right toreceive payment is established.

Held-to-maturity financial assets are those with fixed or determinable payments and fixed maturity, wheremanagement has the intention and ability to hold till maturity. These are carried at amortized cost.

All financial assets are recognized at the time when the Company becomes a party to the contractual provisions of the instrument.All purchases and sales of investments that require delivery within the time frame established by regulation or market convention("regular way" purchases and sales) are recognized on the trade date, which is the date on which the Company commits topurchase / sell the asset. All other purchases and sales are recognized as derivative forward transactions until settlement occurs.

Financial assets are derecognized when the contractual rights to the cash flows from the asset expire, or when the Companytransfers the rights to receive the contractual cash flows in a transaction in which substantially all the risks and rewards ofownership of the financial asset are transferred. Any interest in such transferred financial assets that is created or retained by theCompany is recognized as a separate asset or liability.

The Company assesses at each balance sheet date whether there is objective evidence, as a result of one or more events that mayhave an impact on the estimated future cash flows from an asset, that an asset or a group of assets is impaired. A significant orprolonged decline in the fair value of an investment in an equity security below its cost is also considered objective evidence ofimpairment. Provision for impairment, if any, in the value of an asset is taken to the profit and loss account. In case of impairmentof equity securities classified as available for sale, the cumulative loss that has been recognized in other comprehensive income isreclassified to profit and loss. For assets classified as held-to-maturity, impairment losses are recognized in profit and loss.

The Company initially recognized non-derivative financial liabilities on the date that they are originated or the date on which theCompany becomes a party to the contractual provisions of the instrument. The Company derecognizes a financial liability whenits contractual obligations are discharged or cancelled, or when they expire.

Financial liabilities are initially recognized at fair value plus directly attributable costs, if any, and are subsequently carried atamortized cost using the effective interest rate method.

An asset is classified at fair value through profit or loss if acquired principally for the purpose of selling in the shortterm, whether as a cash flow management strategy or in order to generate profit from short-term price fluctuations (or both). Such assets are initially recognized at fair value, with any associated transaction costs recorded in the profitand loss account. Subsequent to initial recognition, such assets are marked to market using closing market rates. Netgains or lossses arising on changes in fair values of these assets are taken to the profit and loss account in the periodin which they arise.

6.6 Offsetting of financial assets and liabilities

6.7 Investment in associates

6.8 Impairment

Financial assets

Non-financial assets

6.9 Trade debts and receivables

6.10 Taxation

For the purpose of assessing impairment, assets that cannot be tested individually are grouped together into the smallest group ofassets that generates cash inflows from continuing use that are largely independent of the cash inflows of other assets or groupsof assets (such groups of assets are henceforth referred to as "cash-generating units" or "CGUs").

Financial assets and liabilities are offset (and the net amount is reported in the financial statements) when the Company has alegally enforceable right to offset the recognized amounts and the Company intends to either settle on a net basis or to realize theassets and settle the liabilities simultaneously.

Associates are all entities over which the Company has significant influence but not control. Investments in associates where theCompany has significant influence are accounted for using the equity method of accounting. Under the equity method ofaccounting, investments in associates are initially recognized at cost and the carrying amount of investment is increased ordecreased to recognize the Company's share of the associate's post-acquisition profits or losses in income, and its share of the post-acquisition movement in reserves is recognized in other comprehensive income.

Financial assets are assessed at each reporting date to determine whether there is any objective evidence that they are impaired. Afinancial asset is impaired if objective evidence indicates that a loss event has occurred after the initial recognition of the asset,and that the loss event had a negative effect on the estimate future cash flows of that asset that can be estimated reliably.Objective evidence that financial assets are impaired may include default or delinquency by a debtor, or indications that a debtoror issuer will enter bankruptcy.

Individually significant financial assets are tested for impairment on an individual basis. All individually significant assets foundnot be specifically impaired are then collectively assessed for any impairment that has been incurred but not yet identified. Assetsthat are not individually significant are assessed for impairment collectively in groups that share similar credit risk characteristics.

An impairment loss in respect of a financial asset measured at amortized cost is calculated as the difference between its carryingamount and the present value of estimated future cash flows discounted at the asset's original effective interest rate. Impairmentloss in respect of a financial asset measured at fair value is determined by reference to that fair value. All impairment losses arerecognized in profit or loss. An impairment loss is reversed if the reversal can be related objectively to an event occurring afterthe impairment loss was recognized. An impairment loss is reversed only to the extent that the financial asset's carrying amountafter the reversal does not exceed the carrying amount that would have been determined, net of amortization, if no impairmentloss had been recognized.

The carrying amounts of non-financial assets are assessed at each reporting date to ascertain whether there is any indication ofimpairment. If such an indication exists, the asset's recoverable amount - defined as the higher of the asset's fair value less costsof diasposal and the asset's value-in-use (present value of estimated future cash flows using a pre-tax discount rate that reflectscurrent market assessments of the time value of money and asset-specific risk) - is estimated to determine the extent of theimpairment loss.

Impairment losses recognized in prior periods are assessed at each reporting date to determine whether there are any indicationsthat the loss has decreased or no longer exists. An impairment loss is reversed if there has been a change in the estimates used todetermine the recoverable amount. An impairment loss is reversed only to the extent of the carrying amount of the asset (or CGU)that would have been determined (net of depreciation / amortization) had no impairment loss been recognized.

Trade debts and other receivables are recognized initially at transaction price less an allowance for impairment. A provision forimpairment of trade receivables is established when there is objective evidence that the Company will not be able to collect allamounts due according to the original terms of the receivables. The amount of the provision, as well as the impact of any changethereto, is recognised in the statement of profit or loss. Bad debts are written off in the statement of profit or loss onidentification.

The determination of the allowance for doubtful debts is a judgment-driven process. In estimating this allowance, the Companytakes into a number of factors, including - but not limited to - the age of receivables, the nature and extent of collateral,creditworthiness of debtors, historical experience and future expectations.

Current

Deferred

6.11 Cash and cash equivalents

6.12 Trade and other payables

6.13 Provisions

6.14 Borrowings

6.15 Borrowing costs

6.16 Revenue recognition

Borrowing costs are recognized as an expense in the period in which these are incurred except to the extent of borrowing coststhat are directly attributable to the acquisition, construction or production of a qualifying asset. Such borrowing costs, if any, arecapitalized as part of the cost of the relevant asset.

Revenue is recognized to the extent that it is probable that economic benefits will flow to the Company and the amount ofrevenue can be measured reliably. Revenue is measured at the fair value of the consideration received or receivable, net of anydirect expenses. Revenue is recognized on the following basis:

These are recorded at the proceeds received. Finance costs are accounted for on accrual basis and are disclosed as accruedinterest / mark-up to the extent of the amount unpaid at the reporting date.

Provision for current taxation is based on taxable income for the year determined in accordance with the prevailing law fortaxation of income. The charge for current tax is calculated using rates enacted or substantively enacted at the reporting date, andtakes into account tax credits, exemptions and rebates available, if any. The charge for current tax also includes adjustments,where necessary, relating to prior years which arise from assessments framed / finalized during the year. The charge for currenttax is recognized in profit or loss except to the extent that it relates to items recognized directly in equity or in othercomprehensive income.

Deferred tax is recognized using the balance sheet liability method in respect of temporary differences arising from differencesbetween the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in thecomputation of taxable profit. Deferred tax is calculated using rates that are expected to apply to the period when the differencesreverse based on tax rates that have been enacted or substantively enacted by the balance sheet date.

Deferred tax liabilities are recognized for all taxable temporary differences. A deferred tax asset is recognized only to the extentthat it is probable that future taxable profits will be available against which the asset can be utilized. Deferred tax asset is reducedto the extent that it is no longer probable that the related tax benefits will be realized. Deferred tax is not recognized on temporarydifferences arising from the initial recognition of assets or liabilities in a transaction that is not a business combination and thataffects neither accounting nor taxable profit or loss, and differences arising on the initial recognition of goodwill.

Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, andthey relate to income taxes levied by the same tax authority on the same taxable entity.

Deferred tax is charged or credited to the income statement, except in the case of items credited or charged to comprehensiveincome or equity, in which case it is included in comprehensive income or equity.

The Company takes into account current income tax law and decisions taken by tax authorities. In instances where the Company'sviews differ from the income tax department at the assessment stage and where the Company considers that its view on items ofmaterial nature is in accordance with law, the relevant amounts are disclosed as contingent liabilities.

Cash and cash equivalents are carried at cost and include cash in hand, balances with banks in current and deposit accounts,stamps in hand, other short-term highly liquid investments with original maturities of less than three months and short-termrunning finances.

Trade and other payables are recognized initially at fair value plus directly attributable cost, if any, and subsequently measured atamortized cost using the effective interest method. They are classified as current if payment is due within twelve months of thereporting date, and as non-current otherwise.

Provisions are recognized when the Company has a present legal or constructive obligation as a result of past events, it isprobable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliableestimate of the obligation can be made. The amount recognized represents the best estimate of the expenditure required to settlethe obligation at the balance sheet date. Provisions are reviewed at each balance sheet date and adjusted to reflect the current bestestimate.

- Brokerage and commission income is recognized when brokerage services are rendered- Dividend income is recognized when the right to receive the dividend is established.-

- Return on deposits is recognized using the effective interest method.- Income on fixed term investments is recognized using the effective interest method.-

-

- Income / profit on exposure deposits is recognized using the effective interest rate.

6.17 Foreign currency transactions and translation

6.18 Functional and presentation currency

6.19 Related party transactions

6.20 Change In Accounting Policy

Underwriting commission (if any) is recognized when the agreement is executed. Take-up commission is recognized at the time the commitment is fulfilled.

Gains / (losses) arising on sale of investments are included in the profit and loss account in the period in which they arise.Unrealized capital gains / (losses) arising from marking to market financial assets classified as financial assets at fair value through profit or loss are included in profit and loss during the period in which they arise.

The effect of change in accounting policy is summarized below:

As At June 30, 2017 As At June 30, 2016

Monetary assets and liabilities in foreign currencies are translated into functional currency at the rates of exchange prevailing atthe balance sheet date. Transactions in foreign currencies are translated into functional currency at the rates of exchangeprevailing on the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactionsand from translation at year-end exchange rates of monetary assets and liabilities denominated in foreign currencies arerecognized in income.

Items included in the financial statements are measured using the currency of the primary economic environment in which theCompany operates. The financial statements are presented in Pakistani Rupee, which is the Company's functional andpresentation currency.

All transactions involving related parties arising in the normal course of business are conducted and recorded at rates that are notless than market.

Increase in the carrying amounts arising on revaluation of land and buildings are recognized, net of tax, in other comprehensiveincome and accumulated in reserves in shareholders’ equity. To the extent that the increase reverses a decrease previouslyrecognized in statement of profit or loss, the increase in first recognized in profit or loss. Decreases that reverse previousincreases of the same asset are first recognized in other comprehensive income to the extent of the remaining surplus attributableto the asset all other decreases are charged to profit or loss. Each year, the difference between depreciation based on the revaluedcarrying amount of the asset charged to profit or loss and depreciation based on the asset’s original cost, net of tax, is reclassifiedfrom the Revaluation surplus on land and building to retained earnings.

Change in Accounting Policy The Company has changed its accounting policy for the presentation and treatment of Surplus onRevaluation of Property, Plant and Equipment in line with the requirements of newly promulgated Companies Act, 2017 whichdoes not stipulate any special treatment for revaluation surplus and therefore allows the presentation prescribed under IAS 16“Property, Plant and Equipment”. Thus, the Surplus on Revaluation of Property, Plant and Equipment is presented as equity. Thischange in policy is applied retrospectively in accordance with the requirements of IAS 8 “Accounting, Policies, Changes inAccounting Estimates and Errors” with effect from earliest period presented in these financial statements. Since section 235 ofthe repealed Companies Ordinance, 1984 has lost its application, the revaluation surplus which was previously shown as aseparate line item on statement of financial position, has now been presented in equity for the year ended June 30 2017, andfigures have been restated accordingly.

In view of the above, the accounting policy for the presentation and treatment of Surplus on Revaluation of Property, Plant andEquipment is given below:

As Previously reported on June 30, 2017

Adjustments As restated on June 30, 2017

As Previously reported on June 30, 2016

Adjustments As restated on June 30, 2016

Effect on statement of Financial Position

22,818,784 (22,818,784) - 22,831,400 (22,831,400) -

Share capital and reserve 59,503,434 22,818,784 82,322,218 61,898,534 22,831,400 84,729,934

Effect on statement of Changes in equity

Capital Resrve 22,818,784 22,818,784 22,831,400 22,831,400

Revaluation surplus on Property, Plant and

7 PROPERTY, PLANT AND EQUIPMENT

Computers Vehicles Furniture & Fixtures Office Equipment Total

RupeesAs at July 1, 2018

Cost 4,618,115 710,435 490,185 1,461,603 7,280,338

Accumulated Depreciation (2,991,910) (555,491) (420,577) (1,355,237) (5,323,215)

Net book value 1,626,205 154,944 69,608 106,366 1,957,122

Movement during the year

Additions 115,898 5,490 - 9,415 130,803

Disposals - - - - -

Cost - - - - -

Depreciation - - - - -

- - - - -

Depreciation charge for the year -

Closing net book value 1,742,103 160,434 69,608 106,366 2,087,925

As at December 31, 2018

Cost 4,734,013 715,925 490,185 1,471,018 7,411,141


Net book value 1,742,103 160,434 69,608 115,781 2,087,926

Depreciation rate per annum 30% 15% 15% 15%

Computers Vehicles Furniture & Fixtures Office Equipment Total

RupeesAs at July 1, 2017

Cost 3,992,468 642,935 490,185 1,425,943 6,551,531


Net book value 1,580,890 114,787 81,892 84,706 1,862,275

Movement during the year

Additions 625,647 67,500 - 35,660 728,807

Disposals - - - - - Cost - - - - -

Depreciation - - - - -

- - - - -

Depreciation charge for the year 580,332 27,343 12,284 14,000 633,959

Closing net book value 1,626,205 154,944 69,608 106,366 1,957,123

As at June 30, 2018

Cost 4,618,115 710,435 490,185 1,461,603 7,280,338


Net book value 1,626,205 154,944 69,608 106,366 1,957,123

Depreciation rate per annum 30% 15% 15% 15%

Dec-18 Jun-18

8 ROOMS RIGHTS

Rooms - PSX 13,000,000 13,000,000Rooms - Lahore Stock Exchange 9,000,000 9,000,000

22,000,000 22,000,000

9 INTANGIBLE ASSETS

Dec-18 Jun-18

9.1 2,500,000 5,100,000

Impairment loss 9.2 (2,600,000) 2,500,000 2,500,000

9.1

9.2

Dec-18 Jun-18

Note10 LONG-TERM INVESTMENTS

Investments available for sale

10.1 15,259,068 14,887,384

Adjustment for remeasurement to fair value 371,684 15,259,068 15,259,068

10.1

#REF!

This represents the value of leases of three rooms - two from the PSX and one from the Lahore Stock Exchange. In each case, thelease period is 99 years, commencing April 1, 1992. Given the long duration of the lease term and the fact that it cannot be reliablyestimated whether additional amounts will be due upon lease expiry in order to renew the leases, the room rights are treated as anintangible asset with an indefinite useful life.

----Rupees----

LSE Financial Services Limited (unquoted) - at fair value

As a result of the demutualization and corporatization of stock exchanges as detailed in note 8.1, the Company received 843,975 shares of LSE Financial Services Limited. Of these, 60% (506,385 shares) were held in a separate Central Depository Company Limited ("CDC") sub-account, blocked until they are sold to strategic investors, financial institutions and/or the general public. The remaining shares (40% of total, or 337,590 shares) were allotted to the Company.

These shares are neither listed on any exchange nor are they actively traded. As a result, fair value has been estimated by reference to the latest break-up or net asset value per share of these shares notified by LSE FInancial Services Limited (PKR 18.08 / per share, compared to PKR 18.29 / per share as at June 30, 2017). Remeasurement to fair value resulted in a gain) of PKR 256,243 (2017: PKR nil).

337,590 shares of LSE Financial Services Limited are pledged with the PSX to meet BMC requirements.

As a result of the demutualization and corporatization of stock exchanges as detailed in note 8.1, the Company received 4,007,383 shares of the PSX, of which 60% were held in a separate blocked account in CDC to restrict the sale of such shares by members of the PSX. In fiscal 2017, these shares were disposed of under a purchase agreement between the PSX and an anchor investor as well as under an Initial Public Offering.

Of the remaining shares, the Company is required to retain not less than 25% as per section 5(2) of Public Offering Regulations,

----Rupees----

Trading Right Entitlement Certificate ("TREC")

Pursuant to the Stock Exchange (Corporatization, Demutualization and Integration) Act, 2012, stock exchanges operating asguarantee limited companies were converted to public limited companies. Ownership rights in exchanges were segregated from theright to trade on an exchange. As a result of such demutualization and corporatization, the Company received shares of the relevantexchange and a Trading Rights Entitlement Certificate ("TREC") against its membership card.

The TREC has been recorded as an indefinite-life intangible asset pursuant to the provisions and requirements of IAS 38. As theTREC is not a commonly tradable instrument, the value approved by the Board of Directors of the Pakistan Stock ExchangeLimited ("PSX") post-mutualization was used as the initial value of the intangible. The TREC, which has been pledged with the PSXto meet Base Minimum Capital ("BMC") requirements, is assessed for impairment in accordance with relevant approved accountingstandards.

Vide its notice dated November 10, 2017, the PSX revised the notional value of the TREC from PKR 5 million to PKR 2.5 million.As a result, the Company has recognized an impairment loss of PKR 2.6 million during fiscal 2018 (2017: PKR nil ).

----Rupees----

#REF!

Of the remaining shares, the Company is required to retain not less than 25% as per section 5(2) of Public Offering Regulations, 2017, for a period of not less than three financial years from the last date for public subscriptions. Accordingly, the portion to be retained has been classified as long term, and the remainder has been classified as short term.

Shares of the PSX are listed and the fair value of these shares is readily determinable by reference to quoted market prices. As a result of marking these shares to market, a gain (/loss) in the amount of PKR XX has been recognized in other comprehensive income. On June 30, 2018, the closing rate for PSX shares was PKR 19.75 per share.

As a result of the demutualization and corporatization of stock exchanges as detailed in note 8.1, the Company received 3,034,603 shares of ISE Towers REIT Management Limited. Of these, 60% (1,820,762 shares) were held in a separate Central Depository Company Limited ("CDC") sub-account, blocked until they are sold to strategic investors, financial institutions and/or the general public. The remaining shares (40% of total, or 1,123,842 shares) were allotted to the Company.

These shares are neither listed on any exchange nor are they actively traded. As a result, fair value has been estimated by reference to the latest break-up or net asset value per share of these shares notified by ISE Towers REIT Management Limited (PKR XX.XX / per share, compared to PKR XX.XX / per share as at June 30, 2017). Remeasurement to fair value resulted in a loss (/gain) of PKR XX (2017: PKR XX).

XX shares of ISE Towers REIT Management Limited are pledged with the PSX to meet BMC requirements.


11 LONG-TERM DEPOSITS

Central Depository Company Limited 100,000 100,000 National Clearing Company of Pakistan Limited 500,000 500,000 LSE Financial Services Limited 100,000 100,000 Other security deposits 100,000 100,000

800,000 800,000

12 TRADE DEBTS

Considered good 11.1 30,408 13,726 Considered doubtful 116,086

30,408 129,812

Less: Provision for doubtful debts 11.2 - (116,086) 30,408 13,726

12.1

12.2 Movement in provision against trade debts is as under:

Opening balance (as at July 1) 116,081 - Charged to profit and loss during the year (116,081) 116,081

- 116,081 Amounts written off during the yearClosing balance (as at June 30) - 116,081

13 ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES Note

Advance Income Tax 13.1 1,719,509 1,468,990 Sundry Debtors 87 87 Other receiveables 13.2 2,939,347 1,611,757

4,658,943 3,080,834

13.1 Advance Income Tax

Balance at the beginning of the year 1,468,990 1,997,631 Add: Current Year Additions 250,519 208,979

1,719,509 2,206,610

Less: Adjustment against provision of taxation (737,620) Balance at the end of the year 1,719,509 1,468,990

Dec-18 Jun-1813.2 Other receiveables Note Rupees Rupees

NCCPL 1,659,099 1,333,474 Other Receivables - 278,283

1,659,099 1,611,757

14 SHORT TERM INVESTMENTS

Investments at fair value through profit or lossInvestment in listed securities 14.1 33,772,131 33,925,250

(4,844,381) 28,927,750 33,925,250

The Company holds client-owned securities with a total fair value of PKR 957,269/- (2017: PKR XX) as collateral against tradedebts. The Company recognized a provision for doubtful debts after consideration of a number of factors, including (but not limitedto) an analysis of historical bad debt experience, aging of the receivables portfolio, expected future write-offs, the nature andquantum of collateral held, and an assessment of specifically identifiable customer accounts considered at risk or uncollectible.

Trade debts include PKR nil receivable from related parties.


14.1 Investment in listed securitiesNumber of Shares Name of the Company

Dec-18 Jun-18 Dec-18 Jun-18

750,000 750,000 Fauji Fertilizer 28,950,000 175,000 175,000 Dewan Motors 4,975,250 925,000 925,000 0 33,925,250

Dec-18 Jun-1815 CASH AND BANK BALANCES Rupees Rupees

NoteCash in hand - -

Cash at bank- In Client Account 12,228,418 22,276,912 - In House Accounts 58,032 62,360

12,286,450 22,339,272

Dec-18 Jun-18Rupees Rupees

16 SHARE CAPITAL Note

16.1 Authorized capital400,000 (2017:400,000 ) ordinary shares of PKR 10 each. 40,000,000 40,000,000

16.2 Issued, subscribed and paid-up share capital 150,000 (2017: 100,000) ordinary shares of PKR 100/- each, issued for cash 37,500,000 15,000,000

37,500,000 15,000,000

16.3 Shareholders holding 5% or more of total shareholding

Dec-18 Jun-18 Dec-18 Jun-18Mr. Javed Iqbal 199,960 149,970 0.9998 0.9998Mr. Ali Javed 40.00 30 0.0002 0.0002

200,000 150,000


17 SURPLUS ON REVALUATION OF NON-CURRENT ASSETS

Balance at the beginning of the year - 22,818,784 Add: Surplus arising during the year - -

- 22,818,784

Less: Impairment Loss - - Balance at the end of the year - -

17.1

Number of Shares Percentage

Market Value

Shares with fair value of PKR 1,930,000/- (2017: PKR 2,142,000) have been pledged with [commercial banks / other] for obtaining finance facilities. Of these, shares with fair value of PKR nil (2017: PKR nil ) are clients' shares.

Shares with fair value of PKR 17,683,627/- (2017: PKR 30,164,921/-) were pledged as [state reason, e.g. NCCPL margin requirements].

On April 5, 2010, the Company engaged M/s Hamid Mukhtar & Co (Pvt) Ltd to perform a revaluation of the rooms held at stockexchanges and the membership of PSX, resulting a revaluation surplus of Rs. 22,831,400. Consistent with the guidance in IAS 16 toperiodically revalue, the Company engaged M/s BFA (Pvt) Ltd, who performed another revaluation as at June 30, 2015. Therevaluation did not result in an adjustment to the carrying value of the assets in question or to the revaluation surplus.

The membership card referred to above was bifurcated into an ownership rights (shares) in LSE Financial Services Limited and aTrading Rights Entitlement Certificate (see note 12 for details). The revaluation surplus during the year was due to a revaluation ofshares in the LSE Financial Services Limited based on revised price information that became public during the year, and theimpairment loss during the year is due to the write-down of the Trading Rights Entitlement Certificate based on guidance from therelevant stock exchange.

The first the revaluation of rooms No 7& 8 on Mezzanine Floor of LSE and membership of PSX revalued by M/s Hamid Mukhtar& Co. (Pvt) Ltd on April 05, 2010. This revaluation produced revaluation surplus of Rs. 22,831,400 that was credited to Surplus on


18 LOAN AND FINANCING

From:18.1 -

Javed Iqbal - Chief Executive 18.2 6,542,804 5,317,804 6,542,804 5,317,804

18.1

18.2

19 TRADE AND OTHER PAYABLES Note

Trade Creditors 19.1 13,754,353 19,708,643 Short Term Borrowing 18.2 884,363 838,887 Accrued Liabilities 200,000 275,000 NCSS - 4,253,230 Tax on trading 402,031 1,702

15,240,747 25,077,462

19.1 This includes PKR 38,369/- (2017: PKR 4,822/-) due to related parties.

19.1 SHORT-TERM BORROWINGSNote

From:18.3 884,363 838,887

884,363 838,887

18.3

20 PROVISION FOR TAXATIONBalance at the beginning of the year 12,216 737,620 Add: Current Year Provision 12,216

12,216 749,836

Less: Adjustment against advance tax (737,620) Balance at the end of the year 12,216 12,216

21 CONTINGENCIES AND COMMITMENTS

21.1 There are no contingencies or commitments of the Company as at June 30, 2018 (2017: Nil)


Note22 OPERATING REVENUE

Brokerage income 22.1 2,053,879 3,807,141 Dividend income 421,988 980,113

2,475,867 4,787,254

22.1 Brokerage income by segment

Proprietary / related party trades - - Retail customers 2,053,879 3,807,141 Institutional customers - -

2,053,879 3,807,141

& Co. (Pvt) Ltd on April 05, 2010. This revaluation produced revaluation surplus of Rs. 22,831,400 that was credited to Surplus onRevaluation . Now The managment of the company , in order to comply with the requirment of IAS 16, to measure the fair value ofthese assets, got revaluation of rooms No 7& 8 on Mezzanine Floor of LSE and membership of PSX (insulsive of PSX Shares)from M/s BFA (pvt) LTD on June 30, 2015. The management do not envisaged any material difference of the cost of these assetsappeared in the accounts as compared to the fair value revalued by the valuer. So the management of the company did not accountfor such difference.

Banking companies - secured

The company secured a running finance facility from HBL, which was utilised in financing of operational requirement of thecompany. The facility limit is 25 million and markup payable at the end of each quater. The rate of mark-up is 3-months KIBOR +300 basis points.

Banking companies - securedOthers - unsecured

The above-mentioned loan from the chief executive of the company, a related party, is interest free and short-term in nature as there is a written commitment to pay the loan in the next year.

The company secured a facility from BIPL, which was utilised in the purchase of property by the company. The loan was payable in96 equal month instalments due on the 15th of each month, and is secured by a leasehold property owned by the Company. The rateof mark-up is 6-months KIBOR + 100 basis points.


23 OPERATING EXPENSES

Directors Remuneration 940,949 1,516,600 Staff Salaries 2,127,100 3,469,100 PSX Charges & Other 61,528 61,833 CDC Charges 247,367 404,547 Utilities 376,165 568,212 Rent Rates & Taxes 122,995 30,569 Fee and Subscription 67,870 106,534 Repair & Maintenance 405,181 1,446,976 Vehicle Running & Maintenance 199,750 428,730 Telephone & Mobile 402,202 805,590 Entertainment 232,235 529,236 Printing & Stationery 208,850 562,344 News Paper and Periodicals 11,120 19,879 Legal & Professional Charges 92,300 16,500 Collection Charges - - Office Expenses 267,054 852,706 Auditors Remuneration 23.1. - 125,000 Depreciation 7 - 633,959 Bad Debt Expense (116,081) 116,081 Software Expense 47,914 266,996

5,694,499 11,961,392 less: expenses recovered (3,023,676) (2,130,055)

2,670,823 9,831,337

23.1. Auditor's remunerationStatutory audit 125,000 Certifications and other charges - -

- 125,000

24 FINANCE COST

Loan Interest Charges 65,992 32,327 Bank Charges 54,769 21,125

120,761 53,452 25 OTHER INCOME

Rental Income 61,920 Interest Income 446,083 915,371 Gain on sale of short term investment (realised) 823,971 Loss on remeasurement of TREC (2,600,000) Gain on remeasurement of LSE shares 371,684

446,083 (427,054)


26 TAXATION Note

Provision made during the year for:- current 10 (12,216) - prior year - -

- (12,216)

27. EARNINGS PER SHARE

Profit / (loss) after taxation, attributable to ordinary shareholders 130,366 (5,536,805) Weighted average number of ordinary shares in issue during the year 200,000 150,000 Earnings per share 0.65 (36.91)

Basic earnings per share is calculated by dividing profit after tax for the year by the weighted average number of shares outstanding during the period, as follows:

No figure for diluted earnings per share has been presented as the Company has not issued any dilutive instruments carrying options which would have an impact on earnings per share when exercised.


28. REMUNERATION OF CHIEF EXECUTIVE, DIRECTORS AND EXECUTIVES

Remuneration Number of persons Remuneration Number of personsChief Executive 1,028,190 1 1,028,190 1 Directors 488,410 1 488,410 1

[If and as applicable: The Chief Executive and Directors of the Company are provided with free use of the Company's owned and maintained cars].

The aggregate amounts charged in the financial statements for remuneration, including benefits, to the chief executive, directors and executives of the Company as per the terms of their employment are as follows:

Dec-18 Jun-18

29 FINANCIAL INSTRUMENTS BY CATEGORY

ASSETSNon-current assetsLong-term deposits 800,000 - - - 800,000 Long-term Investment - - - 15,259,068 15,259,068

Current assetsShort-term investments - 28,927,750 - - 28,927,750 Trade debts - net 30,408 - - - 30,408 Loans and advances 4,658,943 - - - 4,658,943 Cash and bank balances 12,286,450 - - - 12,286,450

- LIABILITIESCurrent liabilitiesTrade and other payables - - - 15,240,747 15,240,747 Loan from sponsor 6,542,804 - - - 6,542,804

ASSETSNon-current assetsLong-term deposits 800,000 - - - 800,000 Long-term Investment - - - 15,259,068 15,259,068

Current assetsShort-term investments - 33,925,250 - - 33,925,250 Trade debts - net 13,726 - - - 13,726 Loans and advances 3,080,834 - - - 3,080,834 Cash and bank balances 22,339,272 - - - 22,339,272

- LIABILITIESCurrent liabilitiesTrade and other payables - - - 25,077,462 25,077,462 Loan from sponsor 5,317,804 - - - 5,317,804

Dec-18Loans and receivables

Available for sale

At fair value through profit and loss At amortized cost Total

Rupees

Rupees

Jun-18Loans and receivables Available for sale At fair value through

profit and loss At amortized cost Total

JAVED IQBAL SECURITIES (PVT) LIMITEDTREC HOLDER, PAKISTAN STOCK EXCHANGE LIMITEDM-7/8, PSX BUILDING, LAHORE. TRD: 36369112-5, A/C:36369116

Detailed Trial Balance From 01/07/18To 31/12/18

Code Title Op. Debit Op. Credit Debits01-30100 CAPITAL ACCOUNT - 15,000,000 -

SHARES CAPITAL & REVENUE - 15,000,000 - 02-AB001 UNAPPROPRIATED PROFIT (LOSS) - 42,429,849 22,500,000

UNAPPROPRIATED PROFIT (LOSS) - 42,429,849 22,500,000 01-11016 SURPLUS ON REVALUATION OF NON - 22,818,784 -

CURRENT ASSETSSURPLUS ON REVALUATION OF NON - 22,818,784 - CURRENT ASSESTS

02-91231 DIRECTOR LOAN ACCOUNT - 5,317,804 - DIRECTOR LOAN ACCOUNTS - 5,317,804 -

04-020202 CLIENTS SECURITY DEPOSIT - - 500,000 CLIENTS DEPOSIT PAYABLE - - 500,000

01-40026 HBL-LSE RF A/C 0866-40026462-03 - 838,887 - 01-40027 MARKUP ON RF - - -

SHORT TERM BORROWINGS - SECURED - 838,887 - 02-52016 ACCRUED CHARGES - 150,000 - 02-52017 AUDIT FEE PAYABLES - 124,000 74,000 02-52018 PROVISION FOR DOUBTFUL DEBTS - 116,081 -

TRADE & OTHER PAYABLES - 390,081 74,000 01-52123 ADVANCE TAX 293,320 - 8,300

INCOME TAX PAYABLE 293,320 - 8,300 02-1232 WHT ON DIVIDEND INCOME 178,046 - 63,298 02-1233 WHT ON RENTAL INCOME 154,800 - - 02-1234 TAX DED AT SOURCE (ADVANCE TAX) 73,897 - 8,650

TAX DEDUCTION AT SOURCE (ADVANCE 406,743 - 71,948 TAX)

03-91212 TAX ON PROFIT ON BANK A/C 215,656 - 44,542 TAX ON PROFIT OF BANK A/C 215,656 - 44,542

04-TAXCL TAX ON BREAR CHEQUES 42,448 - 6,574 TAX ON BREAR CHQEUES 42,448 - 6,574

05-PWHTP PRESUMPTIVE WHT ON PURCHASE (.01%) 237,668 - 68,418 05-PWHTS PRESUMPTIVE WHT ON SALE (.01%) 273,155 - 50,737

PRESUMPTIVE WITH HOLDING TAX 510,823 - 119,155 06-91992 PAKISTAN STOCK EXCHANGE LIMITED - - 246,831

LSE LAGA ACCOUNT - - 246,831 07-52117 PROVISION FOR TAXTATION (LIABILITIES)-BS - 12,216 -

PROVISION FOR TAXTATION (LIABILITIES) - 12,216 - 08-52116 WITH HOLDING TAX PAYABLE 55,535 - 4,783

WITH HOLDING TAX PAYABLE 55,535 - 4,783 01-CGT CGT - 33 - 01-CGTR CGT REFUNDED PAYMENT 19,668 - 411,103 01-CVT CVT (0.01%) - - 144 01-FED COLLECTOR OF SALES TAX & FEDRAL 202,963 - 339,104

EXCISE01-FEDP FEDERAL EXCISE DUTY PURCHASE - - - 01-FEDS FEDERAL EXCISE DUTY SALE - - - 01-NDM NDM MARKET REPORTING FEE 118 - - 01-WHTS WHTS - 1,668 -

TAX ON TRADING 222,748 1,701 750,351 01-11411 GHULAM MUSTAFA - 853 - 01-11588 MOHAMMAD ZAKRIYA - 67,402 51,400 01-11786 SHOUKAT ALI - 5 - 01-11853 KHURSHID ANWAR MIRZA - 5,337 1,400 01-11937 ZEESHAN GHIYAS - 62,044 55,808 01-11997 SHUJA-UD-DIN - 615 - 01-20 JAVED IQBAL SEC. (HOUSE) - 22,113 - 01-40001 KHALID JAHANGIR BUTT - 25,937 - 01-77777 KARAMAT ULLAH MALIK - 2,684 1,400 01-90122 IBRAR UL ISLAM - 4,536 1,400 01-90173 ADIL ZIA - 394 - 01-90189 HAROON AHMED - 2,221 1,400 01-90190 MOHAMMAD SHAFIQUE - 6,903 - 01-90294 AAMIR SAEED - 27,118 1,400 01-90297 MEHBOOB TABBSUM MIRZA - 5,035 1,400 01-90298 AQUEEL UR REHMAN TAHIR - 2,849 1,400 01-90341 SHAHID MEHMOOD - 4,500 1,400 01-90349 JAMILA SALEEM - 94,936 91,552 01-90351 MOHAMMAD ASHRAF - 3,468 2,240 01-90352 RANA MOHAMMAD ASLAM - 7,819 - 01-90369 MOHAMMAD SHAFIQUE ASGHAR - 776 1,300 01-90371 RANA AZHAR RAFIQUE - 295,403 287,714 01-90381 MOHAMMAD UMAIR - 2,914 1,400 01-90561 AIZAZ MANSOOR SHEIKH - 868 - 01-90563 OMER AIZAZ SHEIKH - 625 - 01-90567 NADEEM ATTA SHEIKH - 5,560 1,400 01-90572 NASIR YAQOOB - 36,186 32,873 01-90574 ABDUL AZIZ OPAL - 1,614 1,400 01-90576 CH. SOHAIL AHMED - 891 45 01-90582 ALI QAMAR - 691 45 01-90585 ABDUL LATIF 2,033 - - 01-90591 MOHAMMAD KHALID - 1,947 1,400 01-90624 QADEER AHMAD - 93 - 01-90712 NADEEM AHMAD - 679 45 01-90737 SHAH JAHAN - 8,263 1,400 01-90886 MUHAMMAD IJAZ SUHAIL - 6,907 4,002 01-90887 AGHA SAKHAWAT ALI KHAN - 858 45 01-90923 NCSS - 4,253,230 5,914,117 01-90930 SYED TEHSEEN SAJID QADRI - 293 45 01-90934 MOHAMMAD SOHAIL KHOKHAR - 7,475 1,400 01-90944 HAFIZ MUSHTAQ AHMAD - 74,198 - 01-90964 AKHTAR ALI - 666 - 01-90974 PERVAIZ NASAR - 13,004 - 01-90978 MAQSOOD AHMAD BUTT - 156,141 16,575 01-90984 MOHAMMAD ASLAM KHAN - 3,102 1,400 01-90995 ASIF MEHMOOD KAYANI - 5,953 1,400 01-90998 MOHAMMAD AFZAL QAMAR - 744 45 01-91001 RIZWAN-ULL-AH SANAI - 106 - 01-91019 TAJAMUL HUSSAIN HASHMI - 94,797 - 01-91020 MUHAMMAD AKMAL KHAN - 63,841 1,600 01-91041 MOHAMMAD JAMIL - 209,811 207,291 01-91048 KHALEEQ AHMED KHAN - 474 - 01-91056 SHEIKH ILYAS AHMAD - 56,724 1,410 01-91059 MASOOD HAMID - 191,502 17,011

01-91072 RIFFAT IQBAL ANJUM - 101 - 01-91083 SHAHID SIRAJ - 4,171 1,400 01-91090 MUTAHIRA NAZ - 2,415 2,415 01-91106 MOHAMMAD AHMAD BUKHARI - 850 - 01-91167 MASOOD ALAM - 8,738 1,400 01-91180 MUBSHER MEHMOOD SHAH - 2,897 1,400 01-91238 FIRDOUS BEGUM - 4,728 2,983 01-91259 ZAHID MOHAYY-UD-DIN KHAWAJA - 871 45 01-91261 JAVED IQBAL - 9,982 1,070 01-91264 KAMRAN KHALID - 37,886 1,600 01-91277 MOHAMMAD LATIF ANJUM - 5,083 1,400 01-91289 MOHAMMAD ASLAM BHATTI - 18,639 1,400 01-91294 MOHAMMAD ARSHAD - 5 - 01-91297 KARIM ZAFAR MALIK - 5,810 1,400 01-91303 NADEEM ZULFI - 221 45 01-91310 SHAMIM SHAUKAT - 39,250 10,483 01-91318 ISHRAT NASIM ANWAR - 3,256 - 01-91325 MALIK LIAQUAT HUSSAIN - 3,075 1,800 01-91326 SULTAN AHMED QURESHI 581 - - 01-91333 MOHAMMAD USMAN GHANI USMANI - 401 - 01-91334 TAHIR ASGHAR - 8,471 1,723 01-91341 MOHAMMAD IQBAL - 15,287 1,400 01-91359 MALIK GHULAM ABBAS ZAHID - 37,304 34,484 01-91373 AGHA AKHLAS AHMED KHAN 87 - - 01-91378 SHAHIDA MINI - 13,307 1,400 01-91383 TALAT TAHIR - 15,258 1,600 01-91397 RIASAT ALI KHAN BAJWA - 171 - 01-91406 MIAN KHURRAM SALEEM - 8,297 1,400 01-91407 GHAZALA IFTIKHAR - 1,077 45 01-91410 AAMIR KHURSHEED - 45,469 12,880 01-91413 AZHAR AHMAD - 1,070 45 01-91420 HAJI ZAFAR AHMAD - 179,129 1,400 01-91425 TAHIR AZEEM - 7,155 - 01-91429 MOHAMMAD HAMAYUN FAROOQ 162 - - 01-91437 MRS. FARHAT IQBAL - 12,669 1,400 01-91448 ADNAN KIBRIA - 40,673 35,114 01-91455 MOHAMMAD NASIR IQBAL - 4,309 1,400 01-91459 TAYYAB MAHMOOD - 1,515 45 01-91461 MOHAMMAD AZEEM KHOKHAR - 8,778 511 01-91463 MOHAMMAD JAMIL - 5,044 - 01-91468 MOHAMMAD YOUSAF - 850 - 01-91469 CH. NOOR MOHAMMAD - 11,359 1,290 01-91477 HAQ NAWAZ - 5 - 01-91478 MOHAMMAD ASHIQ SHEIKH - 5,714 5,545 01-91491 KASHIF SHAFIQUE VOHRA - 641 300 01-91492 QAISER SHAFIQUE - 9,995 1,400 01-91501 MOHAMMAD AFTAB - 3,079 1,600 01-91523 JAWAD KOUSAR SADRI - 20,994 22,531 01-91524 TALAT IQBAL - 3,379 1,400 01-91530 RUKHSANA RAJA - 1,528 - 01-91558 MOHAMMAD WASEEM AAMIR - 558 - 01-91562 FIZZA ISRAR - 2,636 1,400 01-91564 MOHAMMAD SHABBIR - 3,982 1,400 01-91565 SYED IFTIKHAR HUSSAIN TIRMAZI - 27,293 1,600 01-91575 IFTIKHAR AHMAD - 3,169 1,400

01-91580 TARIQ SAEED BUTT - 231 45 01-91581 SHEIKH TAHIR NADEEM - 979 45 01-91596 SURRIYA JAMIL - 184 45 01-91603 MOHAMMAD SIDDIQUE ABID - 2,710 1,400 01-91612 TARIQ LATIF - 215 145 01-91626 TIPU SULTAN - 148 45 01-91634 MOHAMMAD SHAFIQUE SHEIKH - 47,838 3,302 01-91636 MOHAMMAD TAHER MIAN - 4,322 1,400 01-91645 MOHAMMAD RAMZAN - 3,030 1,400 01-91651 RAJA SAGHIR AHMAD - 2,570 2,107 01-91659 AKMAL AWAIS - 29 - 01-91669 HABIB AHMAD - 1,871 1,400 01-91680 SAMI REHMAN 3,578 - 1,362 01-91683 NIGHAT PARVEEN - 234 - 01-91686 MUJTABA MEHMOOD - 5,584,164 4,649,462 01-91691 IFFAT ZULFIQAR - 27,731 - 01-91702 KHAWAJA MOHAMMAD IRSHAD - 2,302 1,400 01-91703 MUMTAZ BUTT - 2,335 1,400 01-91712 ISRAR UL HAQ - 161 45 01-91713 NAYYAR SULTANA - 58,600 55,712 01-91891 AHSAN ULLAH QAZI - 100,270 88,328 01-91910 MOHSINA IKRAM - 139 - 01-91994 SAJEEL QAISER VOHRA - 773 300 01-92013 SYED JAFAR ALI BUKHARI - 828 464 01-92019 MOHAMMAD MUBSHER IQBAL AWAN - 36,531 1,400 01-92027 ABID HUSSAIN - 850 - 01-92035 MOHAMMAD IKRAM TAHIR - 69 45 01-92043 SHAKEEL AHMAD - 2,278 1,400 01-92047 MANZOOR HUSSAIN - 5,454 1,400 01-92049 NIGHAT IQBAL - 13,394 1,400 01-92054 MOHAMMAD ASIF ASLAM - 811 45 01-92056 MOHAMMAD HUMAYUN 1,312 - - 01-92060 AHMAD HUMAYUN KHAN - 10,528 9,473 01-92075 ABDUL REHMAN - 7,809 1,400 01-92090 EJAZ AHMAD SHEIKH - 15,691 1,410 01-92091 UZMA NAZLI - 19,538 1,400 01-92093 FAISAL SARWAR - 2,941 1,400 01-92094 MOHAMMAD BILAL AKRAM KHAN - 898 245 01-92097 MOHAMMAD ANWAR BEG - 2,470 1,400 01-92105 SHEIKH NADEEM ASLAM - 80,429 1,400 01-92106 RASHID MEHMOOD - 3,215 1,400 01-92114 MOHAMMAD ISHAQ 1,897 - - 01-92118 TAHIRA YASMIN 960 - - 01-92120 AFGHAN UD DIN - 1,185 1,100 01-92128 FARKHANDA JABEEN - 3,840 - 01-92130 TALAT FAROOQ - 30 - 01-92145 ZEENAT IQBAL - 5,030 1,400 01-92158 SYED MUHAMMAD AKMAL HUSSAIN - 2,471 1,400 01-92180 SOHAIL MUNIR BUTT - 4 - 01-92185 DANISH IMRAN - 11,287 1,558 01-92190 RANA LIAQAT ALI - 239 - 01-92194 JAVED IQBAL - 3,452 - 01-92200 ISHRAT NASIM ANWAR - 70,446 20,162 01-92206 MOHAMMAD SARWAR - 2,942 1,400 01-92208 NAZAR HUSSAIN - 2,515 1,400

01-92211 KHURSHID MUZAMIL - 22 - 01-92228 SAEED AHMAD USMANI - 21,005 1,400 01-92233 SAGHIR AHMAD - 42,790 39,613 01-92234 NAHEED SAQIB - 702 45 01-92239 QASIM RAZA - 1,322 245 01-92242 HUMAIRA NAZ - 162 45 01-92243 GOHAR JAHAN - 1 - 01-92246 RIAZ ALI KHAN - 1,672 - 01-92250 CH. FAYYAZ AHMAD - 44,486 1,400 01-92282 SABIR FAREED - 850 850 01-92283 NAEEM AHMAD - 3,173 1,400 01-92284 MOHAMMAD AZHAR - 308 245 01-92294 GHAZALA NASAR - 183,647 - 01-92331 IMTIAZ ALI - 5,315 1,400 01-92332 SHAHID IQBAL - 1,156 181 01-92334 MUZAFFAR FAREED - 8,643 1,400 01-92335 ZULIFQAR HUSSAIN - 55,552 - 01-92336 SHAHZAD RANA - 2,238 - 01-92344 HAFIZ MUBSHER MAHMOOD NAVEED - 850 - 01-92348 FARID ISHRAT KHAN - 3,920 1,400 01-92355 MOHAMMAD UMER BAHADUR - 16,682 1,400 01-92360 ZAFAR IQBAL ANJUM - 16,375 1,400 01-92379 IFTIKHAR KHAN - 72 - 01-92383 RIAZ AHMAD 59 - - 01-92389 MOHAMMAD ASIF - 7,942 300 01-92399 TAJ TAIMUR - 1,589 1,400 01-92405 RAO ABDUL GHAFFAR KHAN - 1,351 1,300 01-92416 SAIRA ANDLEEB - 975 45 01-92423 MOHAMMAD IBRAHIM - 5,480 1,400 01-92427 ALI AHMAD QURESHI - 10,303 1,400 01-92429 SYED MOHAMMAD ZAHID - 2,978 - 01-92444 NAEEM AHMAD - 3,955 1,600 01-92445 MEHNAZ FARRUKH - 3,509 1,400 01-92463 MOHAMMAD FAROOQ ABID TUNG - 3,176 45 01-92465 MOHAMMAD YAMIN - 436 45 01-92467 TAHIR AFZAL QURESHI - 1,477 45 01-92488 MOHAMMAD AMIR RASHEED - 7,617 45 01-92490 ZAFAR-UL-ISLAM SIDDIQUE 2,704 - - 01-92522 MOHAMMAD FAROOQ BAIG - 9,415 45 01-92524 SHAHIDA RAFI - 1,452 100 01-92530 MOHAMMAD SHABBIR 2,331 - - 01-92532 BILAL SARWAR - 47 - 01-92534 MOHAMMAD AFZAL SAQIB 4,241 - - 01-92545 SYED ZUBAIR HUSSAIN BUKHARI - 14,701 - 01-92546 MOHAMMAD FAROOQ UMAR - 500 45 01-92552 KAUSAR YASMEEN - 3,530 - 01-92564 MOHAMMAD IBRAHIM K.REHMAN - 25,718 220 01-92572 IRFAN AHMED - 703,839 129,092 01-92576 MOHAMMAD KHURRAM KHAN - 2,275 45 01-92578 SYED SHUJA HASSAIN RIZVI - 88 - 01-92589 MOHAMMAD QAYYUM KHAN - 12,389 245 01-92593 AHSAN JAVED - 23,375 445 01-92596 MUZAFFAR MEHMOOD - 367 45 01-92601 FIRDOUS MAQBOOL - - - 01-92619 MOHAMMAD ASHFAQ - 25,765 -

01-92624 FAISAL UR REHMAN - 916 - 01-92626 IJAZ QADEER - 1,413 45 01-92629 FAZAL KARIM KHATTAK - 19,998 15,158 01-92632 SYED FAHEEM AHMAD - 8,375 - 01-92636 AWAIS SAQIB - 13,041 100 01-92656 MOHAMMAD SADIQ ALI SHAHID - 37 - 01-92657 FAROOQ AHMAD - 104,844 45 01-92665 CH. SHER MOHAMMAD - 6,722 - 01-92677 SHAHID MEHMOOD - 176,104 - 01-92681 KOHAT CEMENT COMPANY LIMITED - 2,424 45 01-92692 SYED GHULAM NIZAMUDIN SABRI - 616 - 01-92693 MOHAMMAD YASIN BHATTI - 1,507 - 01-92700 SYED FAYYAZ ALI KAZMI - 2,854 45 01-92711 MOHAMMAD ASIF - 849 45 01-92722 MOHAMMAD JASEEM-UD-DIN - 850 - 01-92724 SHAHEENA ALMAS - 4,430 1,400 01-92728 ASIF JAVED - 7,698 1,400 01-92733 AMBREEN BUTT - 1,697 45 01-92739 KOUSAR AZEEM - 259,226 1,400 01-92768 TARIQ SAEED - 747 45 01-92781 ABDUL MUTALIB WARSI - 850 - 01-92783 MOHAMMAD AZAM - 19,520 20,532 01-92784 KHAWAJA MOHAMMAD IHSAN - 3,960 1,400 01-92793 KANWAR NUSRAT AQEEL - 225 45 01-92801 MOHAMMAD JAMIL - 4,583 1,400 01-92802 SHAHNAWAZ MEHMOOD - 850 93 01-92804 ALIA BANO - 115,678 10,188 01-92808 MOHAMMAD AKRAM - 850 - 01-92824 MUHAMMAD SAJJAD SARWAR - 930 45 01-92828 MIAN AJMAL HUSSAIN - 3,868 1,400 01-92830 ZAHIDA PARVEEN - 84 - 01-92832 AIMA AMER - 520 45 01-92835 AHMAD LATIF SHEIKH - 850 - 01-92837 NADEEM AHMAD - 850 - 01-92838 MOHAMMAD OSMAN CHEEMA - 7,820 1,400 01-92841 SHAHMIM MUSTANSAR - 3,877 - 01-92844 UMAR GHANI SIDDIQUI - 4,441 1,400 01-92849 SHABANA ASGHAR - 3,555 1,400 01-92862 SHEIKH MOHAMMAD SHAMSHAD - 94,420 92,207 01-92866 NOOR-UL-HUDA SHAUKAT AWAN - 2,708 1,600 01-92868 MOHAMMAD AWAIS 1,984 - - 01-92884 JAVED IQBAL - 2,210 1,400 01-92885 ZAHID HUSSAIN 2,009 - - 01-92887 MOHAMMAD HAROON NASEER - 2,429 1,400 01-92895 SHABANA SAGHIR - 3,264 1,050 01-92898 MOHAMMAD ASIF CHAUDHARY 3,188 - 100 01-92910 CHAUDHRY MUHAMMAD JAVED - 2,289 1,400 01-92914 MUKHTAR HUSSAIN SHAH - 372 - 01-92920 MOHAMMAD SABIR - 1,777 1,400 01-92944 AHMED MAJEED - 1,640 - 01-92947 MUHAMMAD SALEEM AKHTAR - 271 - 01-92948 KHAWAJA ABAD-UR-REHMAN 4,589 - - 01-92957 JAMSHED ZAFAR - 2,476 1,411 01-92961 MOHAMMAD SHABBIR-UR-REHMAN - 2,135 1,400 01-92982 SHAHID JAVED CHAUDHRY - 3,037 2,074

01-92984 MUHAMMAD AFZAAL 4,979 - - 01-92985 SAAD PERVAIZ LODHI - 5,139 1,400 01-92994 SHAMIM SHAHID - 42 - 01-93006 ABDUR REHMAN AKHTAR - 523,523 517,751 01-93024 NAZAR IQBAL - 2,547 1,400 01-93028 ARSHAD ALI 638 - - 01-93030 SYED MOHAMMAD ATHAR SHAH - 20,526 20,525 01-93033 NASIR ALI QURESHI - 72 - 01-93036 MOHAMMAD ASLAM - 4,373 1,400 01-93040 SHEIKH ATTI-UR-REHMAN TARIQ - 4,476 1,400 01-93042 NASEER AHMAD BHATTI - 10,141 1,400 01-93052 SHEIKH MUHAMMAD AKRAM - 8,267 45 01-93056 MOHAMMAD SALMAN - 663 45 01-93057 SHAHBAZ AHMED - 4,821 1,400 01-93059 KASHIF FAIZ 2,551 - - 01-93069 AHSAN-UL-HAQ - 18,241 10,354 01-93074 CH. MOHAMMAD KAMAL PASHA - 746 645 01-93076 SYED MOHAMMAD FAZAL ULLAH BUKHARI - 9,108 1,400 01-93083 TAHIRA SARWAR - 15,301 1,400 01-93088 KHALID RAFIQ - 5,112 - 01-93096 SYED REHAN HAIDER ZAIDI - 6,047 1,400 01-93105 NAEEM-UR-REHMAN DARD - 3,503 1,400 01-93125 SYED IFTIKHAR JAVED BUKHARI - 806 - 01-93129 AMIR BUTT - 1,237 - 01-93135 MIAN ZEESHAN SALEEM - 166 - 01-93140 HAMID HANIF - 1,970 - 01-93151 TAHIR QUZAFFI - 2,676 1,430 01-93154 MOHAMMAD KHALID - 2,957 1,400 01-93158 MOHAMMAD SHAHID NAZIR - 1,052 45 01-93159 RAZA ALI AHMED CHISHTI - 53,323 15,047 01-93167 AZAZ AHMED RIAZ - 14,200 1,400 01-93168 MOHAMMAD MUSHTAQ - 692 - 01-93170 MARYAM FAYYAZ - 548 548 01-93172 NAVEED AKBAR - 407 45 01-93173 MUJTABA HASAN KAZMI - 6,597 6,445 01-93178 MOHAMMAD RAMZAN - 1,222 300 01-93184 RIFFAT KHALID - 872,124 816,765 01-93200 SAIF-UL-HAQ - 45,996 39,140 01-93203 HASEEB AHMAD - 3,227 1,400 01-93210 SAERA SUHAIL BUKHARI - 4,284 1,400 01-93211 CHAUDHRY ASIF ZAKARIA - 2,929 - 01-93212 GHULAM MUSTAFA - 102,588 96,417 01-93214 MOHAMMAD ASLAM - 2,507 1,168 01-93223 SYED IZHAR AHMAD BOKHARI - 1,675 245 01-93225 ZUBAIR KHALID - 3,234 1,400 01-93226 GHAZANFAR ALI - 60,071 32,300 01-93227 ZULFIQAR ALI 1,825 - - 01-93228 MUBASHAR SANA - 200,845 197,380 01-93229 USMAN ALI - 57 - 01-93234 MOHAMMAD MOHSIN ABBASI 2,842 - - 01-93241 USMAN KHALIL PASHA - 850 - 01-93242 RAHEELA KAUSAR - 643 - 01-93249 MOHAMMAD RAZA MALIK - 1 - 01-93258 ABDUL MATEEN - 3,383 1,400 01-93259 AGHA SHAHID AHMAD KHAN - 4,690 1,400

01-93260 MOHAMMAD AFAAQ AGHA - 1 - 01-93261 YASSAR SALEEM KHAN - 641 45 01-93262 MOHAMMAD IRFAN - 840 45 01-93295 IQBAL ELLAHI - 1,966 1,600 01-93389 RIFFAT TAUQIR - 28,060 14,942 01-93391 FAIZ MOHAMMAD NIAZI - 398,733 381,784 01-93392 IMRAN MUNIR - 1,584 1,400 01-93393 HASSAN KHALIL QAZI - 2,983 1,400 01-93395 IBRAHIM TANSEER SHEIKH - 23,697 1,400 01-93396 MOHAMMAD ATTA TANSEER SHEIKH - 20,943 1,400 01-93397 MUJTABA TANSEER - 8,448 1,400 01-93398 SHAHNAZ AIZAZ - 1,872 1,400 01-93399 YASMIN BASHIR - 1,602 1,400 01-93406 ANDLEEB SULTANAH 3,267 - - 01-93412 SARDAR SHAHBAZ ALI KHAN KHOSA - 357,672 - 01-93414 MUHAMMAD AMMAR SUHAIL - 547 245 01-93416 JAFFAR SADIQ 3,452 - - 01-93418 ADNAN YOUNUS 4,203 - - 01-93421 NOREEN ZAKARIA - 2,708 1,400 01-93422 NUZHAT ZAKARIA - 84 - 01-93425 MASOOD AZIZ RAJA - 3,459 800 01-93429 ALI AIZAZ SHEIKH - 1,574 - 01-93430 MOHAMMAD REHMAN SHEIKH - 32 - 01-93434 SAMINA AFZAL KAYANI - 1,783,533 1,776,121 01-93436 MEHREEN TAHIR - 12,238 1,600 01-93539 MOHAMMAD SAEED BUTT - 204 - 01-93584 NAZIR AHMAD - 850 850 01-93588 SH. NASRULLAH MUSHTAQ A/C HBL - 4,276 - 01-93589 ABDUL HAFEEZ - 8,639 - 01-93590 MOHAMMAD FAYYAZ - 2,384 800 01-93591 ANJUM ASLAM - 9,437 6,858 01-93592 MANSUR AHMAD SHEIKH - 136 - 01-93593 ASAD IQBAL - 6,101 1,400 01-93594 ANSAR JAVED - 89,129 - 01-93596 SYED ZAWAR HUSSAIN SHIRAZI - 79,119 1,600 01-93598 SYED ANSAR RAZA SHAH - 5,491 1,400 01-93599 MOHAMMAD AMJAD AZIZ - 6,639 1,400 01-93600 MOHAMMAD IMRAN IQBAL - 4,000 - 01-93601 GULL HUSSAIN - 6,639 1,400 01-93602 SHAHRUKH TAIMUR - 10,198 1,400 01-93605 IMRAN JALIL 3,338 - - 01-93606 MOHAMMAD IBRAHIM - 6,562 - 01-93609 SULEMAN SHAHID 3,443 - - 01-93611 SHUBNUM JAVED - 66,142 - 01-93612 PERVEZ AKBAR LODHI - 27,451 1,600 01-93619 ILYAS AHMAD SHEIKH - 14,818 7,728 01-93620 MUHAMMAD TURAB GHANI - 3,681 2,111 01-93621 MOHAMMAD SAKHI SARWAR - 927 620 01-93623 NADEEM BABAR KHAN 76 - - 01-93625 MOHAMMAD ARSHAD AHMAD - 1,159 245 01-93628 MOHAMMAD LATIF ATIF - 69 - 01-93629 MOHAMMAD TANVEER CHAUDHRY - 42,281 - 01-93630 SAMIA PERVEZ - 8,088 1,600 01-93634 MUJAHID ZULFIQAR AKHTAR - 419,759 223,572 01-93637 TASNEEM ANJUM - 1,231 3,679

01-93639 HAFSA NADEEM - 1,278 1,200 01-93641 MOHAMMAD JAMIL - 19,534 19,480 01-93643 ABDUL WAHEED AHMAD 3,976 - - 01-93644 PERVEEN QUDDOOS - 4,554 - 01-93645 JAVED AHMED 2,077 - - 01-93647 NIGHAT MUJEEB - 426 - 01-93649 MOHAMMAD SAAD SADIQ - 9,280 - 01-93650 HASEEB AHMAD - 1,594 - 01-93651 JAMSHAIDA KHALID - 13,304 1,400 01-93652 SYED ZEESHAN ALI SHAH - 103,571 1,800 01-93654 MOHAMMAD TUFAIL - 83 45 01-93657 AHMED SALAHUDDIN OSMAN - 3,355 1,400 01-93658 ANS CAPITAL (PVT) LTD. - 17 - 01-93659 AHMAD JALAL NAWAZ RANA - 1,495 1,400 01-93660 ARIF JAVED - 907 907 01-93663 MAHREEN FAHAD - 7,331 1,400 01-93665 SHERAZ REHMAT ULLAH - 6,069 1,400 01-93666 MOHAMMAD RAMZAN - 37,024 2,736 01-93668 AMIN HASHIM - 8,583 1,600 01-93670 MOHAMMAD SAEED - 4,798 1,400 01-93673 HUMMAYOON NASIR - 22,157 1,600 01-93675 ADNAN IRFAN ABBASI - 9,103 1,600 01-93676 MUHAMMAD USMAN AKMAL HAQ - 1,102 245 01-93679 SIKNDAR MAQBOOL 3,577 - - 01-93680 AMMAD SAFDAR - 1,912 1,400 01-93687 MOHAMMAD SALEEM AN-UL-HAQ - 850 - 01-93690 SYED AJAZ-UL-HASSAN - 12,572 9,917 01-93692 FARHANA HASHIM 4,902 - - 01-93694 MAHMOOD LATIF - 520 - 01-93695 MOHAMMAD IFTIKHAR HUSSAIN - 13,823 - 01-93697 ARSHAD MAHMOOD 1,011 - - 01-93699 MOHAMMAD ISHAQ - 9,610 1,400 01-93700 FARZANA SOHAIL - 8,300 1,619 01-93701 AZEEM ASHRAF 4 - - 01-93702 RIAZ AHMAD KHAN - 1,098 - 01-93709 BABAR ALI - 236 45 01-93710 SYED MUBASHER IJAZ - 766 - 01-93711 KHURRAM SHAHZAD 1,537 - - 01-93714 HAIDER ALI ANWAR 3,604 - - 01-93715 KHURAM JAVED - 5,400 1,400 01-93718 ATIQ ANWAR MALIK 3,827 - - 01-93720 MUHAMMAD OWAIS KAIRAN RAHMANI - 5,105 1,400 01-93721 MUHAMMAD TAUSIF PARACHA - 1,329 45 01-93722 SYYED MOHAMMED JAWAID IQBAL JAFREE 1,704 - - 01-93723 TAFAZZAL ABBAS 2,199 - - 01-93724 SHABANA YAQUB 3,824 - - 01-93725 MIAN RASHID IQBAL - 3,979 2,925 01-93727 IMRAN LATIF - 447 45 01-93728 NADEEM ASGHAR - 29 - 01-93729 IMRAN YOUNAS 3,118 - - 01-93730 SHAZIA SAIF - 4,691 - 01-93732 MOHAMMAD SHAHID - 12,743 11,722 01-93735 ABDUL HAMID TABASSUM - 1,159 45 01-93737 JAVED HUSSAIN - 11,851 - 01-93744 AHMAD SHOAIB 11 - -

01-93746 ZAMAR NAUMAN - 44,667 1,524 01-93747 IFTIKHAR HUSSAIN - 65,556 1,400 01-93749 MUHAMMAD SHAFI 297 - - 01-93750 SULMAN SHAHID - 16,506 1,400 01-93751 SAQIB SHAMIM - 36,393 - 01-93754 AFIFA TAHIR 1,101 - - 01-93755 ASRAR AHMAD - 6,551 1,600 01-93757 MOHAMMAD IRSHAD 1,330 - - 01-93758 MUSSARAT JEHANZEB - 2,481 - 01-93759 YASMIN TAHIRA 2,555 - - 01-93761 MUHAMMAD AKRAM KHAN - 35,962 12,359 01-93762 MUHAMMAD IQBAL PERVAIZ - 633 45 01-93763 SHAHZAD KHURRAM - 2,914 1,400 01-93766 EHTISHAM FATIMA SHIRAZI - 20,038 1,600 01-93767 FAISAL ATTA SHEIKH - 24,052 - 01-93768 KHURRAM SHAHZAD 1,642 - - 01-93770 SYEDA SHAHZADI ZEENAT - 2,352 2,352 01-93771 MUHAMMAD UMAIS GHANI - 2,200 - 01-93772 KASHIF RAHMAN - 36,213 20,612 01-93773 NAZIR AHMAD - 2,279 - 01-93775 KASIM JAVED - 833 - 01-93777 ISRAR-UL-HAQUE - 221,349 1,400 01-93778 OBAID ULLAH - 102,043 1,400 01-93779 HINA ISMAIL - 292 292 01-93780 NASIMA YUSUF - 3,366 1,400 01-93781 MIAN NAZIM RAMZAN - 41,343 1,400 01-93782 SAEED AHMAD PIRACHA - 406 - 01-93783 GHAZALA AHMAD - 90,219 44,030 01-93784 WAHEED SHAHZAD BUTT - 57,632 1,400 01-93785 MATEE-UR-REHMAN QURESHI HASHMI - 8,999 5,618 01-93786 MAZHAR AHMED - 901 - 01-93787 MUHAMMAD ALI SIDDIQUI - 6,050 1,400 01-93788 MUHAMMAD KASHIF RASHEED 3,215 - - 01-93789 FARHAN NAEEM - 4,047 1,400 01-93790 NATASHA DAULTANA - 72,410 1,400 01-93791 ABDUL MUQEET 2,295 - - 01-93794 FARHAN SHAFIQ 1,030 - - 01-93796 PARVEEN A BUTT - 16,405 1,400 01-93798 MIAN MUHAMMAD IQBAL 20 - - 01-93800 MOHAMMAD AMIR - 862 45 01-93801 TAYYAB IKRAM BUTT - 6,711 1,400 01-93804 SHER ALI KHAN 5 - - 01-93805 ZAKA ULLAH KHAN - 3,510 - 01-93807 IRFAN AHMED KHAN - 3,471 1,400 01-93808 MUHAMMAD ATHAR 6,382 - - 01-93809 MEHAK JAVAID IQBAL - 453 - 01-93810 MAHMOOD ALAM MIAN 4,146 - - 01-93811 ABDUL LATIF BUTT - 2,409 1,399 01-93812 KHADEEJA TAHIR - 8,086 1,600 01-93815 SAIQA SALEEM 2,725 - - 01-93816 MUKHTAR AHMAD JAVED - 3,113 - 01-93817 ASSAD ULLAH - 7,814 185 01-93819 SHAHID KHAN - 1,557 45 01-93822 KHALIDA PARVEEN - 16,577 16,937 01-93824 ZUBAIDA KHATOON - 5,422 5,330

01-93825 MALIK WAQAR AHMED - 9,419 1,400 01-93826 HAFIZ MOHAMMAD IMTIAZ 1,382 - - 01-93828 ZAHID RASHID - 622,637 622,637 01-93829 ZAHID NAZIR - 24,457 21,592 01-93830 SAMINA KHALID - 185 - 01-93831 BEGUM RASHIDA ELAHI - 275 - 01-93834 MUHAMMAD SHAFIQ - 2,012 1,400 01-93836 SAIF-UR-REHMAN - 1,743 45 01-93837 MUHAMMAD SALEEM - 1,884 - 01-93838 HAMZA NADEEM - 2,143 1,400 01-93841 AASMA NAUMAN - 2,306 1,420 01-93842 MUHAMMAD SHABIR MALIK - 48,925 1,400 01-93843 JEHANZEB AHMAD - 2,448 2,488 01-93844 RASHID HAFEEZ SHEIKH 154 - - 01-93845 HAMMAD TAJ - 47,709 1,600 01-93847 AFZAL NAU BAHAR KAYANI - 1,363,488 1,322,403 01-93848 ANWAR SULTANA - 20,190 20,190 01-93850 MUHAMMAD ASLAM TABUSSUM - 2,341 - 01-93851 MUHAMMAD QAMAR-UZ-ZAMAN BHATTI - 3,187 1,400 01-93853 MUHAMMAD NADEEM ASLAM - 1,380 45 01-93854 ABDUL WAHEED 311 - - 01-93855 FAIZAN AMJAD - 2,796 1,400 01-93856 TANZEEL-UR-RAHMAN 1,295 - - 01-93857 ALI AHSAN ASHRAF - 464 - 01-93858 MUHAMMAD ASHRAF - 4,275 3,491 01-93859 ALI RAZA - 5,700 1,000 01-93860 MUHAMMAD IMRAN SHAHZAD - 8,844 - 01-93861 MUHAMMAD JAVED BUTT 445 - - 01-93862 KOHAT CEMENT CO.LTD EMPLOYEES - 4,600 3,700

PROVIDENT FUND TRUST01-93863 SHAHZAD AHMAD - 2,998 - 01-93864 SALMAN IRFAN ABBASI - 1,877 1,400 01-93865 MUHAMMAD SAQIB AKBAR - - 234 01-93866 NUSRAT - - - 01-93867 MUHAMMAD ARSHAD - - - 01-93868 IQRA AROOJ - - - 01-93869 MUHAMMAD ZAFAR IQBAL - - - 01-93870 MUHAMMAD IRFAN - - - 01-93871 NADIA DAR - - - 01-93872 MARYUM FAYYAZ - - - 01-93873 CHAUDHARY MUHAMMAD REHAN AKBAR - - - 01-94674 MOHAMMAD IFZAL - 112 45 01-97779 SAMAIRA ZIA - 17,637 - 01-99075 HUMAYUN YAQOOB - 7,121 - 01-99138 MOHAMMAD ARSHAD KHAN - 3,707 1,600 01-99178 MOHAMMAD NAEEM SHAH - 6,323 1,400 01-99199 MOHAMMAD ISHFAQ 1,782 - - 01-99208 NUMAN HAMEED - 1,705 - 01-99211 SYED NAFEES ABBAS ZAIDI - 1,917 1,400 01-99315 SYED ZAHID HASAN - 26,106 1,400 01-99594 SANA YASMIN NASIR - 14,903 8,850 01-99896 SHAHJHAN ALI - 979 45 01-99999 ALI JAVED - 6,275 1,200 01-ODDNCSS ODDNCSS 1,333,474 - -

CLIENTS 1,463,281 23,961,873 18,551,271

02-52132 INVESTMENT ON SHARES HOLDING 33,925,250 - - INVESTEMENT 33,925,250 - -

03-11015 SUNDRY DEBITORS 87 - - ADVANCES, REPAYEMENTS & OTHER 87 - - RECIVEABLES

04-10201 BIPL-207200000510201-JISPL-PLS 24,022 - - 04-1208 BAFL CD-00481003375235-JISPL-1208 375 - 16 04-1235 CASH IN HAND - 1 - 04-178-7 MCB PLS-LSE 1392-0301000178-7-JISPL 4,873 - 788 04-3405 HBL-OFFICE- 08660034057103-JISPL 31,912 - 19,109 04-43078 MCB CD-LSE 1392-01010043078-JISPL - - 959 04-5673 BIPL-KASB CD-LSE 0021-105673-001-JISPL 430 - - 04-62780 HBL-CLIENTS- 08660006278001-JISPL-PLS 22,250,333 - - 04-9003 HBL-CLIENTS- 08667900179003-JISPL- 26,580 - -

FREEDOM04-9421 BIPL-KASB PLS-LSE 0021-105673-116-JISPL- 749 - -

9,421 CASH & BANK BALANCES 22,339,273 1 20,872

01-52119 ACCUM. DEPRC. ON OFFICE EQUIPMENTS - 1,355,237 - 01-52124 ACCUM. DEPRC. ON FURNITURE & FIXTURE - 420,577 - 01-52125 ACCUM. DEPRC. ON MOTOR & VEHICLES - 555,495 - 01-52128 ACCUM. DEPRC. ON COMPUTER - 2,991,910 -

EQUIPMENTS01-91221 LEAS HOLD PROPERTY 22,000,000 - - 01-91222 OFFICE EQUIPMENTS 1,461,603 - 9,415 01-91223 FURNITURE & FIXTURES 490,185 - - 01-91224 MOTOR & VEHICLES 710,435 - 5,490 01-91232 COMPUTER EQUIPMENTS 4,618,115 - 115,898

PROPERTY PLANT & EQUIPMENTS 29,280,338 5,323,219 130,803 02-51222 LSE SHARES 15,259,068 - - 02-91226 LSE - TREC 2,500,000 - -

LSE MEMBERSHIP CARD FEE 17,759,068 - - 03-91118 NCSS SECURITY DEPOSITS (SETTL. 400,000 - -

TERMIANL)03-91119 EXPOSURE DEPOSIT TO LSE 80,000 - - 03-91228 SECURITY DEPOSIT LSE CLEARING HOUSE 20,000 - - 03-91229 CDC SECURITY DEPOSIT 100,000 - - 03-91230 ADVANCE FOR BUILDING NEW TOWER 100,000 - - 03-93215 NCSS SECURITY DEPOSITS (BTB) 100,000 - -

LONGTERM DEPOSITS 800,000 - - 01-52120 ACCUMLATED AMORTIZATION PRELIMINARY - 90,000 -

EXP.01-91225 PRELIMINARY EXPENCES 90,000 - -

PRELIMINARY EXPENCES 90,000 90,000 - 01-52127 ACCUMLATED AMORTIZATION PRE- - 22,428 -

OPER.EXPENCES01-91227 PRE - OPERATIONAL EXPENCES 22,427 - -

PRE COMMENCEMENT EXPENDITURE 22,427 22,428 - 01-KA001 LSE COMMISSION - 3,807,141 -

COMMISION INCOME - 3,807,141 - 02-5318 DIVIDEND INCOME - 980,113 - 02-91213 PROFIT ON BANK A/C (INTEREST) - 915,371 -

OTHER INCOME - 1,895,483 - 03-5319 EXPENCES RECOVERED - 2,133,335 -

EXPENCES RECOVERED - 2,133,335 -

04-52521 GAIN/LOSS ON SHORT TERM INVESTMENT 4,493,650 - - GAIN ON REVALUATION OF LSE SHARES 4,493,650 - -

01-52112 DIRECTOR REMUNERATION 1,543,850 - 940,949 DIRECTOR REMUNERATION 1,543,850 - 940,949

02-52111 STAFF SALARIES 3,469,100 - 2,127,100 02-52121 RENT COLLECTION CHARGES - 61,920 -

STAFF SALARIES 3,469,100 61,920 2,127,100 03-5312 SECP FEE (.00065%) 12,000 - 3,865 03-5317 TRADE FEE REG-SEC NCCPL - - 14,459 03-5320 UIN NCSS FEE - - 22,550 03-CHF CLEARING HOUSE FEE 73,966 - 16,650 03-IPF INVESTOR PROT. FUND 12,000 - 4,004

LSE CHARGES 97,966 - 61,528 04-1115 CENTRAL DEPOSITORY COMPANY OF 417,933 - 247,367

PAKISTAN LIMITEDCDC CHARGES 417,933 - 247,367

05-11051 WATER BILL (BRANCH OFFICE) 24,960 - 10,910 05-1119 ELECTRICITY CHARGES (HEAD OFFICE) 266,302 - 228,995 05-51001 SUI GAS CHARGES (BRANCH OFFICE) 70,314 - 15,710 05-5211 ELECTRICITY CHARGES (BRANCH OFFICE) 206,636 - 120,550

UTILITES 568,212 - 376,165 06-1236 PROFESSIONAL TAX 20,400 - 20,400 06-1238 PROPERTY TAX 10,169 - 21,648 06-1245 BAD DEBT EXPENCE 116,081 - 80,947

RENT RATES & TAXES 146,650 - 122,995 07-50102 SECP ANNUAL BROKER FEE 61,025 - 53,835 07-50105 FEE & SUBSCRIPTION 25,510 - 10,535 07-5104 INTERNET LINE FEE 19,999 - 3,500

FEE & SUBCRITPTION 106,534 - 67,870 08-11515 COMPUTER MAINTENENCE EXPENCE 247,870 - 35,158 08-11517 BACKOFFICE MAINTENENCE 15,000 - 10,500 08-11518 WEB HOSTING MAINTENCE 276,477 - 68,498 08-5203 OFFICE REPAIR & MAINTENENCE 791,165 - 257,705 08-5204 OFFICE REPAIR & MAINTENENCE -312 104,464 - 33,320

REPAIR & MAINTENENCE 1,434,976 - 405,181 09-50151 PETROL EXPENCES 283,000 - 144,000 09-52031 MOTOR & VEHICLE EXPENCE 145,730 - 55,750

VEHICLE RUNNING & MAINTENENCE 428,730 - 199,750 10-11012 MOBILINK PMCL 190,546 - 103,651 10-11014 WARID TELECOM - 0321-8446222 29,382 - 12,277 10-11015 ZONG -0317-0497078-03124571470 67,200 - 41,281 10-5210 LEOPARD COURIER SERVICE 9,822 - 3,758 10-5212 TELEPHONE (HEAD OFFICE) 288,594 - 146,994 10-5213 TELEPHONE (BRANCH OFFICE) 128,947 - 48,541 10-5217 SHARES TRANSFER STAMP 91,100 - 45,700

TELEPHONE, MOBILE & POSTAGE 805,591 - 402,202 11-11011 ENTERTAINMENT 529,236 - 232,235

ENTERTAINMENT 529,236 - 232,235 13-50152 PHOTO COPY CHARGES 9,770 - 4,500 13-5227 PRINTING & SATIONERY 552,574 - 204,350

PRINTING & STATIONERY 562,344 - 208,850 14-5100 NEWS PAPER EXPENCES 19,879 - 11,120

NEWS PAPER AND PERIODICALS 19,879 - 11,120 15-53100 LEGAL & PROFESSIONAL CHARGES 125,000 - 83,300 15-53101 LEGAL ADVISOR'S RETENTION 16,500 - 9,000

15-53102 TAX EXPENCES 12,216 - - LEGAL & PROFESSIONAL CHARGES 153,716 - 92,300

17-52011 OFFICE EXPENCES 838,979 - 234,147 17-52012 STROM FIBER 23,728 - 32,907

OFFICE EXPENCES 862,707 - 267,054 20-52118 DEPRICIATION PROFIT & LOSS 633,959 - -

DEPRECIATION 633,959 - - 21-11519 COMPUTER SOFTWARE EXPENCE 266,996 - 47,914

SOFTWARE EXPENCE 266,996 - 47,914 23-0144166 KITS CHARGES 77,695 - -

KITS CHARGES 77,695 - - 01-91387 MARKUP ON OD ACCOUNT 32,327 - 65,992

BANK MARK-UP CHARGES 32,327 - 65,992 03-91214 BANK CHARGES 25,673 - 54,769

BANK CHARGES 25,673 - 54,769 Total: 124,104,721 124,104,721 48,960,771

Credits DB Balance CR Balance22,500,000 - 37,500,000 Issued, subscribed and paid-up share capital 22,500,000 - 37,500,000

- - 19,929,849 - - 19,929,849 - - 22,818,784

- - 22,818,784

1,225,000 - 6,542,804 LOAN AND FINANCING1,225,000 - 6,542,804 LOAN AND FINANCING

- 500,000 - LONG-TERM DEPOSITS- 500,000 - LONG-TERM DEPOSITS

20,949 - 859,836 TRADE AND OTHER PAYABLES24,527 - 24,527 TRADE AND OTHER PAYABLES45,476 - 884,363 TRADE AND OTHER PAYABLES

- - 150,000 TRADE AND OTHER PAYABLES- - 50,000 TRADE AND OTHER PAYABLES- - 116,081 - - 316,081 - 301,620 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 301,620 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 241,344 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 154,800 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 82,547 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 478,691 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 260,199 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 260,199 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 49,022 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 49,022 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 306,086 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 323,892 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 629,978 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 246,831 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 246,831 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- - 12,216 PROVISION FOR TAXATION- - 12,216 PROVISION FOR TAXATION- 60,318 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 60,318 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

71,709 - 71,742 TRADE AND OTHER PAYABLES- 430,771 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 144 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 542,067 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

183,544 - 183,544 TRADE AND OTHER PAYABLES145,077 - 145,077 TRADE AND OTHER PAYABLES

- 118 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- - 1,668 TRADE AND OTHER PAYABLES

400,330 973,099 402,031 TRADE AND OTHER PAYABLES132 - 985 Debtors/Creditors- - 16,002 Debtors/Creditors- - 5 Debtors/Creditors- - 3,937 Debtors/Creditors- - 6,236 Debtors/Creditors- - 615 Debtors/Creditors

131,006 - 153,119 Debtors/Creditors1,569,563 - 1,595,500 Debtors/Creditors

- - 1,284 Debtors/Creditors- - 3,136 Debtors/Creditors

13,886 - 14,279 Debtors/Creditors- - 821 Debtors/Creditors

8,920 - 15,823 Debtors/Creditors- - 25,718 Debtors/Creditors- - 3,635 Debtors/Creditors- - 1,449 Debtors/Creditors- - 3,100 Debtors/Creditors- - 3,384 Debtors/Creditors- - 1,228 Debtors/Creditors

1,815 - 9,634 Debtors/Creditors- 525 - Debtors/Creditors- - 7,689 Debtors/Creditors- - 1,514 Debtors/Creditors

9,204 - 10,072 Debtors/Creditors65,526 - 66,151 Debtors/Creditors

- - 4,160 Debtors/Creditors- - 3,313 Debtors/Creditors- - 214 Debtors/Creditors- - 846 Debtors/Creditors- - 646 Debtors/Creditors

4,431 - 2,398 Debtors/Creditors- - 547 Debtors/Creditors55 - 148 Debtors/Creditors

- - 634 Debtors/Creditors- - 6,863 Debtors/Creditors- - 2,905 Debtors/Creditors- - 813 Debtors/Creditors- 1,660,887 - Debtors/Creditors- - 248 Debtors/Creditors- - 6,075 Debtors/Creditors


9,240 - 22,245 Debtors/Creditors- - 139,566 Debtors/Creditors- - 1,702 Debtors/Creditors- - 4,553 Debtors/Creditors- - 699 Debtors/Creditors


- - 62,241 Debtors/Creditors- - 2,520 Debtors/Creditors- - 474 Debtors/Creditors- - 55,314 Debtors/Creditors- - 174,491 Debtors/Creditors

- - 101 Debtors/Creditors- - 2,771 Debtors/Creditors- - - Debtors/Creditors- - 850 Debtors/Creditors- - 7,338 Debtors/Creditors- - 1,497 Debtors/Creditors- - 1,745 Debtors/Creditors- - 826 Debtors/Creditors- - 8,912 Debtors/Creditors- - 36,286 Debtors/Creditors- - 3,683 Debtors/Creditors- - 17,239 Debtors/Creditors- - 5 Debtors/Creditors- - 4,410 Debtors/Creditors- - 176 Debtors/Creditors- - 28,767 Debtors/Creditors

48,630 - 51,886 Debtors/Creditors- - 1,275 Debtors/Creditors

3,511 - 2,930 Debtors/Creditors- - 401 Debtors/Creditors- - 6,748 Debtors/Creditors- - 13,887 Debtors/Creditors- - 2,820 Debtors/Creditors

4,800 - 4,714 Debtors/Creditors- - 11,907 Debtors/Creditors- - 13,658 Debtors/Creditors900 - 1,070 Debtors/Creditors- - 6,897 Debtors/Creditors- - 1,032 Debtors/Creditors- - 32,590 Debtors/Creditors- - 1,025 Debtors/Creditors- - 177,729 Debtors/Creditors- - 7,155 Debtors/Creditors

2,777 - 2,615 Debtors/Creditors- - 11,269 Debtors/Creditors- - 5,558 Debtors/Creditors- - 2,909 Debtors/Creditors- - 1,470 Debtors/Creditors- - 8,267 Debtors/Creditors

350,619 - 355,663 Debtors/Creditors- - 850 Debtors/Creditors- - 10,069 Debtors/Creditors- - 5 Debtors/Creditors- - 169 Debtors/Creditors- - 341 Debtors/Creditors- - 8,595 Debtors/Creditors- - 1,479 Debtors/Creditors- 1,537 - Debtors/Creditors- - 1,979 Debtors/Creditors163 - 1,691 Debtors/Creditors- - 558 Debtors/Creditors- - 1,236 Debtors/Creditors- - 2,582 Debtors/Creditors- - 25,693 Debtors/Creditors- - 1,769 Debtors/Creditors

- - 186 Debtors/Creditors- - 934 Debtors/Creditors- - 139 Debtors/Creditors- - 1,310 Debtors/Creditors- - 70 Debtors/Creditors- - 103 Debtors/Creditors- - 44,536 Debtors/Creditors- - 2,922 Debtors/Creditors- - 1,630 Debtors/Creditors- - 463 Debtors/Creditors55 - 84 Debtors/Creditors

- - 471 Debtors/Creditors- 4,939 - Debtors/Creditors- - 234 Debtors/Creditors- - 934,702 Debtors/Creditors- - 27,731 Debtors/Creditors- - 902 Debtors/Creditors- - 935 Debtors/Creditors- - 116 Debtors/Creditors- - 2,888 Debtors/Creditors- - 11,941 Debtors/Creditors- - 139 Debtors/Creditors- - 473 Debtors/Creditors- - 364 Debtors/Creditors- - 35,131 Debtors/Creditors- - 850 Debtors/Creditors- - 24 Debtors/Creditors- - 878 Debtors/Creditors- - 4,054 Debtors/Creditors- - 11,994 Debtors/Creditors- - 766 Debtors/Creditors

1,312 - - Debtors/Creditors- - 1,055 Debtors/Creditors- - 6,409 Debtors/Creditors- - 14,281 Debtors/Creditors- - 18,138 Debtors/Creditors- - 1,541 Debtors/Creditors- - 653 Debtors/Creditors- - 1,070 Debtors/Creditors- - 79,029 Debtors/Creditors- - 1,815 Debtors/Creditors

5,800 - 3,903 Debtors/Creditors- 960 - Debtors/Creditors- - 85 Debtors/Creditors

1,280 - 5,120 Debtors/Creditors- - 30 Debtors/Creditors- - 3,630 Debtors/Creditors- - 1,071 Debtors/Creditors- - 4 Debtors/Creditors- - 9,730 Debtors/Creditors- - 239 Debtors/Creditors- - 3,452 Debtors/Creditors- - 50,284 Debtors/Creditors- - 1,542 Debtors/Creditors- - 1,115 Debtors/Creditors

5,708 - 5,730 Debtors/Creditors- - 19,605 Debtors/Creditors- - 3,177 Debtors/Creditors- - 657 Debtors/Creditors- - 1,077 Debtors/Creditors- - 117 Debtors/Creditors55 - 56 Debtors/Creditors

- - 1,672 Debtors/Creditors- - 43,086 Debtors/Creditors- - - Debtors/Creditors- - 1,773 Debtors/Creditors- - 63 Debtors/Creditors

100,076 - 283,722 Debtors/Creditors- - 3,915 Debtors/Creditors- - 975 Debtors/Creditors- - 7,243 Debtors/Creditors

41,609 - 97,161 Debtors/Creditors- - 2,238 Debtors/Creditors- - 850 Debtors/Creditors- - 2,520 Debtors/Creditors- - 15,282 Debtors/Creditors- - 14,975 Debtors/Creditors

1,055 - 1,127 Debtors/Creditors59 - - Debtors/Creditors

- - 7,642 Debtors/Creditors- - 189 Debtors/Creditors- - 51 Debtors/Creditors- - 930 Debtors/Creditors- - 4,080 Debtors/Creditors- - 8,903 Debtors/Creditors- - 2,978 Debtors/Creditors- - 2,355 Debtors/Creditors- - 2,109 Debtors/Creditors- - 3,131 Debtors/Creditors- - 391 Debtors/Creditors- - 1,432 Debtors/Creditors- - 7,572 Debtors/Creditors- 2,704 - Debtors/Creditors- - 9,370 Debtors/Creditors- - 1,352 Debtors/Creditors- 2,331 - Debtors/Creditors- - 47 Debtors/Creditors

4,241 - - Debtors/Creditors4,401 - 19,102 Debtors/Creditors

- - 455 Debtors/Creditors1,713 - 5,243 Debtors/Creditors

- - 25,498 Debtors/Creditors- - 574,746 Debtors/Creditors- - 2,230 Debtors/Creditors55 - 143 Debtors/Creditors

- - 12,144 Debtors/Creditors- - 22,930 Debtors/Creditors- - 322 Debtors/Creditors- - - Debtors/Creditors- - 25,765 Debtors/Creditors

23,877 - 24,793 Debtors/Creditors- - 1,368 Debtors/Creditors- - 4,840 Debtors/Creditors

1,193 - 9,568 Debtors/Creditors- - 12,941 Debtors/Creditors- - 37 Debtors/Creditors- - 104,799 Debtors/Creditors


- - 2,379 Debtors/Creditors- - 616 Debtors/Creditors- - 1,507 Debtors/Creditors- - 2,809 Debtors/Creditors- - 804 Debtors/Creditors- - 850 Debtors/Creditors- - 3,030 Debtors/Creditors- - 6,298 Debtors/Creditors- - 1,652 Debtors/Creditors- - 257,826 Debtors/Creditors- - 702 Debtors/Creditors- - 850 Debtors/Creditors- 1,012 - Debtors/Creditors- - 2,560 Debtors/Creditors- - 180 Debtors/Creditors- - 3,183 Debtors/Creditors- - 757 Debtors/Creditors- - 105,490 Debtors/Creditors- - 850 Debtors/Creditors- - 885 Debtors/Creditors- - 2,468 Debtors/Creditors

4,352 - 4,436 Debtors/Creditors- - 475 Debtors/Creditors- - 850 Debtors/Creditors- - 850 Debtors/Creditors- - 6,420 Debtors/Creditors- - 3,877 Debtors/Creditors- - 3,041 Debtors/Creditors- - 2,155 Debtors/Creditors- - 2,214 Debtors/Creditors- - 1,108 Debtors/Creditors

1,984 - - Debtors/Creditors- - 810 Debtors/Creditors- 2,009 - Debtors/Creditors- - 1,029 Debtors/Creditors- - 2,214 Debtors/Creditors- 3,288 - Debtors/Creditors- - 889 Debtors/Creditors- - 372 Debtors/Creditors- - 377 Debtors/Creditors


4,589 - - Debtors/Creditors- - 1,065 Debtors/Creditors- - 735 Debtors/Creditors- - 963 Debtors/Creditors

5,000 - 21 Debtors/Creditors- - 3,739 Debtors/Creditors- - 42 Debtors/Creditors- - 5,772 Debtors/Creditors- - 1,147 Debtors/Creditors638 - - Debtors/Creditors- - 1 Debtors/Creditors- - 72 Debtors/Creditors- - 2,973 Debtors/Creditors- - 3,076 Debtors/Creditors- - 8,741 Debtors/Creditors- - 8,222 Debtors/Creditors- - 618 Debtors/Creditors- - 3,421 Debtors/Creditors- 2,551 - Debtors/Creditors- - 7,888 Debtors/Creditors- - 101 Debtors/Creditors- - 7,708 Debtors/Creditors- - 13,901 Debtors/Creditors

1,183 - 6,294 Debtors/Creditors- - 4,647 Debtors/Creditors- - 2,103 Debtors/Creditors- - 806 Debtors/Creditors- - 1,237 Debtors/Creditors- - 166 Debtors/Creditors- - 1,970 Debtors/Creditors- - 1,246 Debtors/Creditors- - 1,557 Debtors/Creditors- - 1,007 Debtors/Creditors- - 38,276 Debtors/Creditors- - 12,800 Debtors/Creditors- - 692 Debtors/Creditors- - - Debtors/Creditors- - 362 Debtors/Creditors- - 152 Debtors/Creditors- - 922 Debtors/Creditors- - 55,359 Debtors/Creditors- - 6,856 Debtors/Creditors- - 1,827 Debtors/Creditors- - 2,884 Debtors/Creditors

4,102 - 7,031 Debtors/Creditors- - 6,170 Debtors/Creditors- - 1,339 Debtors/Creditors- - 1,430 Debtors/Creditors- - 1,834 Debtors/Creditors- - 27,771 Debtors/Creditors

1,900 - 75 Debtors/Creditors- - 3,465 Debtors/Creditors- - 57 Debtors/Creditors

2,842 - - Debtors/Creditors- - 850 Debtors/Creditors- - 643 Debtors/Creditors55 - 56 Debtors/Creditors


- - 1 Debtors/Creditors- - 596 Debtors/Creditors- - 795 Debtors/Creditors- - 366 Debtors/Creditors- - 13,118 Debtors/Creditors- - 16,949 Debtors/Creditors- - 184 Debtors/Creditors- - 1,583 Debtors/Creditors- - 22,297 Debtors/Creditors- - 19,543 Debtors/Creditors- - 7,048 Debtors/Creditors- - 472 Debtors/Creditors- - 202 Debtors/Creditors


- - 302 Debtors/Creditors4,899 - 1,447 Debtors/Creditors4,203 - - Debtors/Creditors

- - 1,308 Debtors/Creditors55 - 139 Debtors/Creditors


11,795 - 11,827 Debtors/Creditors- - 7,412 Debtors/Creditors- - 10,638 Debtors/Creditors

6,169 - 6,373 Debtors/Creditors- - - Debtors/Creditors- - 4,276 Debtors/Creditors

30,759 - 39,397 Debtors/Creditors- - 1,584 Debtors/Creditors- - 2,578 Debtors/Creditors- - 136 Debtors/Creditors- - 4,701 Debtors/Creditors

465,182 - 554,310 Debtors/Creditors- - 77,519 Debtors/Creditors- - 4,091 Debtors/Creditors- - 5,239 Debtors/Creditors- - 4,000 Debtors/Creditors- - 5,239 Debtors/Creditors- - 8,798 Debtors/Creditors

3,338 - - Debtors/Creditors999 - 7,561 Debtors/Creditors


- - 25,851 Debtors/Creditors- - 7,090 Debtors/Creditors- - 1,570 Debtors/Creditors- - 308 Debtors/Creditors76 - - Debtors/Creditors

- - 914 Debtors/Creditors55 - 124 Debtors/Creditors

751,778 - 794,059 Debtors/Creditors- - 6,488 Debtors/Creditors- - 196,187 Debtors/Creditors- 2,448 - Debtors/Creditors

- - 78 Debtors/Creditors- - 53 Debtors/Creditors



1,508,778 - 1,518,057 Debtors/Creditors- - 1,594 Debtors/Creditors- - 11,904 Debtors/Creditors- - 101,771 Debtors/Creditors- - 38 Debtors/Creditors- - 1,955 Debtors/Creditors

6,400 - 6,417 Debtors/Creditors- - 95 Debtors/Creditors- - - Debtors/Creditors- - 5,931 Debtors/Creditors- - 4,669 Debtors/Creditors- - 34,288 Debtors/Creditors- - 6,983 Debtors/Creditors- - 3,398 Debtors/Creditors- - 20,557 Debtors/Creditors- - 7,503 Debtors/Creditors- - 857 Debtors/Creditors

3,577 - - Debtors/Creditors- - 512 Debtors/Creditors- - 850 Debtors/Creditors- - 2,655 Debtors/Creditors

4,902 - - Debtors/Creditors- - 520 Debtors/Creditors

93,622 - 107,445 Debtors/Creditors1,011 - - Debtors/Creditors


4 - - Debtors/Creditors- - 1,098 Debtors/Creditors- - 191 Debtors/Creditors- - 766 Debtors/Creditors

1,537 - - Debtors/Creditors- 3,604 - Debtors/Creditors- - 4,000 Debtors/Creditors

3,827 - - Debtors/Creditors- - 3,705 Debtors/Creditors- - 1,284 Debtors/Creditors- 1,704 - Debtors/Creditors

2,199 - - Debtors/Creditors3,824 - - Debtors/Creditors

- - 1,054 Debtors/Creditors- - 402 Debtors/Creditors55 - 84 Debtors/Creditors



276,477 - 288,328 Debtors/Creditors- 11 - Debtors/Creditors

- - 43,144 Debtors/Creditors- - 64,156 Debtors/Creditors297 - - Debtors/Creditors- - 15,106 Debtors/Creditors


- - 4,951 Debtors/Creditors1,330 - - Debtors/Creditors


- - 23,604 Debtors/Creditors- - 588 Debtors/Creditors- - 1,514 Debtors/Creditors- - 18,438 Debtors/Creditors


- - - Debtors/Creditors1,742 - 3,942 Debtors/Creditors

- - 15,601 Debtors/Creditors2,127 - 4,406 Debtors/Creditors

- - 833 Debtors/Creditors- - 219,949 Debtors/Creditors- - 100,643 Debtors/Creditors- - - Debtors/Creditors- - 1,966 Debtors/Creditors- - 39,943 Debtors/Creditors749 - 1,155 Debtors/Creditors- - 46,189 Debtors/Creditors- - 56,232 Debtors/Creditors- - 3,382 Debtors/Creditors


3,215 - - Debtors/Creditors- - 2,647 Debtors/Creditors- - 71,010 Debtors/Creditors

2,295 - - Debtors/Creditors1,030 - - Debtors/Creditors

- - 15,005 Debtors/Creditors20 - - Debtors/Creditors

- - 817 Debtors/Creditors- - 5,311 Debtors/Creditors14 - 9 Debtors/Creditors


6,382 - - Debtors/Creditors630 - 1,083 Debtors/Creditors

4,146 - - Debtors/Creditors- - 1,010 Debtors/Creditors- - 6,486 Debtors/Creditors


- - 7,629 Debtors/Creditors- - 1,512 Debtors/Creditors- 360 - Debtors/Creditors- - 92 Debtors/Creditors


- - - Debtors/Creditors- - 2,865 Debtors/Creditors- - 185 Debtors/Creditors- - 275 Debtors/Creditors- - 612 Debtors/Creditors- - 1,698 Debtors/Creditors

6,124 - 8,008 Debtors/Creditors- - 743 Debtors/Creditors- - 886 Debtors/Creditors- - 47,525 Debtors/Creditors- 40 - Debtors/Creditors- 154 - Debtors/Creditors- - 46,109 Debtors/Creditors- - 41,086 Debtors/Creditors- - - Debtors/Creditors370 - 2,710 Debtors/Creditors- - 1,787 Debtors/Creditors- - 1,335 Debtors/Creditors311 - - Debtors/Creditors- - 1,396 Debtors/Creditors


- - 784 Debtors/Creditors- - 4,700 Debtors/Creditors375 - 9,219 Debtors/Creditors955 - 510 Debtors/Creditors- - 900 Debtors/Creditors

Debtors/Creditors2,226 - 5,224 Debtors/Creditors

- - 477 Debtors/Creditors- 234 - Debtors/Creditors

29,468 - 29,468 Debtors/Creditors41,997 - 41,997 Debtors/Creditors1,200 - 1,200 Debtors/Creditors

90,924 - 90,924 Debtors/Creditors57,500 - 57,500 Debtors/Creditors6,138 - 6,138 Debtors/Creditors4,024 - 4,024 Debtors/Creditors1,650 - 1,650 Debtors/Creditors

- - 67 Debtors/Creditors10,556 - 28,193 Debtors/Creditors36,990 - 44,111 Debtors/Creditors



- - 517 Debtors/Creditors- - 24,706 Debtors/Creditors- - 6,053 Debtors/Creditors- - 934 Debtors/Creditors- - 5,075 Debtors/Creditors

1,335,262 - 1,788 Debtors/Creditors8,270,645 1,691,295 13,909,260 Debtors/Creditors

- 33,925,250 - SHORT TERM INVESTMENTS- 33,925,250 - SHORT TERM INVESTMENTS- 87 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES- 87 - ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

24,022 - - CASH AND BANK BALANCES- 391 - CASH AND BANK BALANCES- - 1 CASH AND BANK BALANCES- 5,660 - CASH AND BANK BALANCES- 51,022 - CASH AND BANK BALANCES- 959 - CASH AND BANK BALANCES430 - - CASH AND BANK BALANCES

10,047,915 12,202,418 - CASH AND BANK BALANCES580 26,000 - CASH AND BANK BALANCES

CASH AND BANK BALANCES749 - - CASH AND BANK BALANCES

CASH AND BANK BALANCES10,073,696 12,286,450 1 CASH AND BANK BALANCES

- - 1,355,237 PROPERTY, PLANT AND EQUIPMENT- - 420,577 PROPERTY, PLANT AND EQUIPMENT- - 555,495 PROPERTY, PLANT AND EQUIPMENT- - 2,991,910 PROPERTY, PLANT AND EQUIPMENT

- 22,000,000 - ROOMS RIGHTS - 1,471,018 - PROPERTY, PLANT AND EQUIPMENT- 490,185 - PROPERTY, PLANT AND EQUIPMENT- 715,925 - PROPERTY, PLANT AND EQUIPMENT- 4,734,013 - PROPERTY, PLANT AND EQUIPMENT- 29,411,141 5,323,219 PROPERTY, PLANT AND EQUIPMENT- 15,259,068 - LONG-TERM INVESTMENTS - 2,500,000 - INTANGIBLE ASSETS- 17,759,068 -

400,000 - -

- 80,000 - LONG-TERM DEPOSITS- 20,000 - LONG-TERM DEPOSITS- 100,000 - LONG-TERM DEPOSITS- 100,000 - LONG-TERM DEPOSITS

100,000 - - LONG-TERM DEPOSITS500,000 300,000 - LONG-TERM DEPOSITS

- - 90,000

- 90,000 - - 90,000 90,000 - - 22,428

- 22,427 - - 22,427 22,428

2,053,879 - 5,861,020 OPERATING REVENUE2,053,879 - 5,861,020 OPERATING REVENUE

421,988 - 1,402,100 OPERATING REVENUE446,083 - 1,361,453 OTHER INCOME868,070 - 2,763,553

3,023,676 - 5,157,011 3,023,676 - 5,157,011

- 4,493,650 - - 4,493,650 - - 2,484,799 - OPERATING EXPENSES- 2,484,799 - OPERATING EXPENSES- 5,596,200 - OPERATING EXPENSES- - 61,920 - 5,596,200 61,920 - 15,865 - OPERATING EXPENSES- 14,459 - OPERATING EXPENSES- 22,550 - OPERATING EXPENSES- 90,616 - OPERATING EXPENSES- 16,004 - OPERATING EXPENSES- 159,494 - OPERATING EXPENSES- 665,300 - OPERATING EXPENSES

- 665,300 - OPERATING EXPENSES- 35,870 - OPERATING EXPENSES- 495,297 - OPERATING EXPENSES- 86,024 - OPERATING EXPENSES- 327,186 - OPERATING EXPENSES- 944,377 - OPERATING EXPENSES- 40,800 - OPERATING EXPENSES- 31,817 - OPERATING EXPENSES- 197,028 - OPERATING EXPENSES- 269,645 - OPERATING EXPENSES- 114,860 - OPERATING EXPENSES- 36,045 - OPERATING EXPENSES- 23,499 - OPERATING EXPENSES- 174,404 - OPERATING EXPENSES- 283,028 - OPERATING EXPENSES- 25,500 - OPERATING EXPENSES- 344,975 - OPERATING EXPENSES- 1,048,870 - OPERATING EXPENSES- 137,784 - OPERATING EXPENSES- 1,840,157 - OPERATING EXPENSES- 427,000 - OPERATING EXPENSES- 201,480 - OPERATING EXPENSES- 628,480 - OPERATING EXPENSES- 294,197 - OPERATING EXPENSES- 41,659 - OPERATING EXPENSES- 108,481 - OPERATING EXPENSES- 13,580 - OPERATING EXPENSES- 435,588 - OPERATING EXPENSES- 177,488 - OPERATING EXPENSES- 136,800 - OPERATING EXPENSES- 1,207,793 - OPERATING EXPENSES- 761,471 - OPERATING EXPENSES- 761,471 - OPERATING EXPENSES- 14,270 - OPERATING EXPENSES- 756,924 - OPERATING EXPENSES- 771,194 - OPERATING EXPENSES- 30,999 - OPERATING EXPENSES- 30,999 - OPERATING EXPENSES- 208,300 - OPERATING EXPENSES- 25,500 - OPERATING EXPENSES

- 12,216 - OPERATING EXPENSES- 246,016 - OPERATING EXPENSES- 1,073,126 - OPERATING EXPENSES- 56,635 - OPERATING EXPENSES- 1,129,761 - OPERATING EXPENSES- 633,959 - - 633,959 - - 314,910 - OPERATING EXPENSES- 314,910 - OPERATING EXPENSES- 77,695 - - 77,695 - - 98,319 - FINANCE COST- 98,319 - FINANCE COST- 80,442 - FINANCE COST- 80,442 - FINANCE COST

48,960,771 121,594,539 121,594,539

ADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

ADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

ADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

ADVANCES, PREPAYMENTS AND OTHER RECEIVABLESADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

The effect of change in accounting policy is summarized below:

As at June 30, 2017 As at June 30, 2016 As previously As restated As previously As restated reported on Adjustment on June 30, reported on Adjustment on June 30, 2017 2017 June 30, 2016 June 30, 2016 ---------------------------------Rupees “000”----------------------------------- Effect on statement of financial position Revaluation surplus on property, plant and equipment 85,131 (85,131) - 46,941 (46,941) - Share capital and reserves 824,631 85,131 909,762 537,208 46,941 584,149 Effect on statement of changes in equity Capital Reserve - 85,131 85,131 - 46,941 46,941 For the year ended June 30, 2017 As previously As restated reported on Adjustment on June 30, 2017 June 30, 2017 -------------Rupees “000”-------------- Effect on statement of other comprehensive income Gain on revaluation of property, plant & equipment - net of deferred tax - 38,471 38,471 There was no cash flow impact as a result of the retrospective application of change in accounting policy.

Change in Accounting Policy The Company has changed its accounting policy for the presentation andon Revaluation of Property, Plant and Equipment in line with the requirements of newly promulgatedwhich does not stipulate any special treatment for revaluation surplus and therefore allows the presentationunder IAS 16 “Property, Plant and Equipment”. Thus, the Surplus on Revaluation of Property, Plantpresented as equity. This change in policy is applied retrospectively in accordance with the requirements“Accounting, Policies, Changes in Accounting Estimates and Errors” with effect from earliest periodfinancial statements. Since section 235 of the repealed Companies Ordinance, 1984 has lost its application,surplus which was previously shown as a separate line item on statement of financial position, has nowequity for the year ended June 30 2017, and figures have been restated accordingly.

In view of the above, the accounting policy for the presentation and treatment of Surplus on Revaluationand Equipment is given below:

Increase in the carrying amounts arising on revaluation of land and buildings are recognized,comprehensive income and accumulated in reserves in shareholders’ equity. To the extent that thedecrease previously recognized in statement of profit or loss, the increase in first recognized in profitthat reverse previous increases of the same asset are first recognized in other comprehensive incomeremaining surplus attributable to the asset all other decreases are charged to profit or loss. Eachbetween depreciation based on the revalued carrying amount of the asset charged to profit or loss andon the asset’s original cost, net of tax, is reclassified from the Revaluation surplus on land andearnings.


and treatment of Surpluspromulgated Companies Act, 2017

presentation prescribedPlant and Equipment isrequirements of IAS 8

period presented in theseapplication, the revaluation

now been presented inequity for the year ended June 30 2017, and figures have been restated accordingly.

Revaluation of Property, Plant

net of tax, in otherthe increase reverses a

profit or loss. Decreasesincome to the extent of the

Each year, the differenceand depreciation based

and building to retained








30 FINANCIAL RISK MANAGEMENT

30.1 Risk management framework

30.2 Market risk

Market risk comprises of three types of risk: currency risk, interest rate risk and other price risk.

31.2.1 Currency risk

31.2.2 Interest rate risk

31.2.2 Price risk

30.3 Credit risk

Measures taken by management to manage and mitigate credit risk include:

- Assignment of trading limits to clients in accordance with their net worth;- Collection / maintenance of sufficient and proper margins from clients;

Price risk is the risk that the fair value of financial instruments will fluctuate as a result of changes in marketprices, whether such changes are due to factors specific to individual financial instruments (including factorsspecific to issuers of such instruments) or due to macroeconomic or other factor affecting similar financialinstruments being traded in the market.

The Company is exposed to price risk in respect of investments carried at fair value (whether as available-for-saleinvestments or as instruments at fair value through profit or loss). Such price risk comprises both the risk thatprice of individual equity investments will fluctuate and the risk that there will be an index-wide movement inprices. Measures taken by the Company to monitor, manage and mitigate price risk include daily monitoring ofmovements in stock indexes (such as the KSE 100 index) as well as of the correlation between the Company'sinvestment portfolio with stock indexes.

The Director / Chief Executive has overall responsibility for the establishment and oversight of the Company's risk managementframework. He is also responsible for developing and monitoring the Company's risk management policies, which are monitoredand assessed for effectiveness throughout the year. The Company’s risk management policies are established to identify andanalyze the risks faced by the Company, to set appropriate risk limits and to establish internal control over risk. Through itstraining and management standards and procedures, the Company aims to develop a disciplined and constructive controlenvironment in which all employees understand their roles and obligations.

The Company's activities are exposed to a variety of financial risks: market risk, credit risk and liquidity risk. The Company hasestablished adequate procedures to manage each of these risks as explained below.

Market risk is the risk that the value of financial instruments may fluctuate as a result of changes in market interest rates, changes in the credit rating of the issuer of the instruments, change in market sentiments, speculative activities, supply and demand of securities and/or changes in liquidity in the market.

Currency risk mainly arises where receivables and payables exist due to transactions with foreign undertakings.The Company is not exposed to major foreign exchange risk in this respect.

Yield risk is the risk of decline in earnings due to adverse movements of the yield curve. Interest rate risk is therisk that the value of the financial instruments will fluctuate due to changes in market interest rates. Sensitivity tointerest / mark-up rate risk arises from mismatches or gaps in the amounts of interest / mark-up based assets andliabilities that mature or reprice in a given period. The Company manages this risk by matching the maturity /repricing of financial assets and liabilities through appropriate policies.

Credit risk is the risk that one party to a financial instrument will fail to discharge an obligation and cause the other party toincur a financial loss. Concentration of credit risk arises when a number of counterparties are engaged in similar businessactivities or have similar economic features that would cause their ability to meet contractual obligations to be similarlyaffected by changes in economic, political, or other conditions. Concentrations of credit risk indicate the relative sensitivity ofthe Company's performance to developments affecting a particular industry.

Credit risk of the Company arises from deposits with banks and financial institutions, trade debts, loans and advances,investments and other receivables. The carrying amount of financial assets represents the maximum credit exposure, althoughthis maximum is a theoretical formulation as the Company frequency holds collateral against potential credit losses.

- Development of and compliance with risk management, investment and operational policies / guidelines (including guidelines in respect of entering into financial contracts);

- Initial and ongoing client due diligence procedures, where clients' financial position, past experience and other factors are considered;

- Collection and maintenance of collateral if, as and when deemed necessary and appropriate; - Diversification of client and investments portfolios; and

2018 2017Long-term investments 15,259,068 15,259,068 Short-term investments 28,927,750 33,925,250 Trade debts (gross) 30,408 13,726 Cash at bank 12,286,450 22,339,272

56,503,676 71,537,316

30.4 Liquidity Risk

Financial liabilities Carrying amount Within one year More than one yearLong term financing - - - Short term borrowings 838,887 838,887 Accrued markup 275,000 275,000

Total 1,113,887 1,113,887 -

Financial liabilities Carrying amount Within one year More than oneLong term financing - - - Short term borrowings 838,887 Accrued markup 275,000 275,000

Total 1,113,887 275,000 -

31 CAPITAL RISK MANAGEMENT

32 FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES

Fair value is the amount that would be received on the sale of an asset or paid on transfer of a liability in an orderly transactionbetween market participants at the measurement date. Consequently, differences can arise between carrying values and fairvalue estimates. Underlying the definition of fair value is the presumption that the Company is a going concern without anyintention or requirement to materially curtail the scale of its operations or to undertake a transaction on adverse terms.

Various judgments and estimates are made in determining the fair value of financial instruments that are recognized and

Liquidity risk is the risk that the Company will not be able to meet its financial obligations, settled by delivering cash or anotherfinancial asset, as they fall due. Prudent liquidity risk management requires the maintenance of sufficient cash and marketablesecurities, the availability of adequate funds through committed credit facilities and the ability to close out market positions dueto the dynamic nature of the business and the industry it operates in. The Company finances its operations through equity and, asand when necessary, borrowings, with a view to maintaining an appropriate mix between various sources of financing.

The table below classifies the Company's financial liabilities into relevant maturity groupings based on the time to contractualmaturity date, as at the balance sheet date. The amounts in the table are contractual undiscounted cash flows.

As at June 30, 2018

As at June 30, 2017

The Company does not expect that the timing or quantum of cash flows outlined in the table above will change significantly, and as a result expects to be able to fulfill its obligations as they come due.

The Company's objective in managing capital is to ensure that the Company is able to continue as a going concern so that it cancontinue to provide adequate returns to shareholders and benefits to other stakeholders, and to maintain an optimal capitalstructure to reduce the cost of capital. As well, the Company has to comply with capital requirements as specified under theSecurities Brokers (Licensing and Operations) Regulations, 2016 (as well as other relevant directives from regulating bodiesissued from time to time).

Consistent with others in the industry, the Company manages its capital risk by monitoring its debt levels and liquid assets,keeping in view future investment requirements.

The carrying amount of financial assets, which represents the maximum credit exposure before consideration of collateral andcounterparty creditworthiness, is as specified below:

The Company continually monitors the quality of its debtor portfolio, both on an individual and portfolio basis, and providesagainst credit losses after considering the age of receivables, nature / quantum of collateral and debtor-specific factors (such ascreditworthiness and repayment capacity).

Recurring FV Measurement as at June 30, 2018 Level I Level II Level III Total

Long-term investment - available-for-sale 15,259,068 - - 15,259,068 Short-term investment - available-for-sale - - - - At fair value through profit and loss 28,927,750 - - 28,927,750

Recurring FV Measurement as at June 30, 2017 Level I Level II Level III Total-

Long-term investment - available-for-sale 15,259,068 - - 15,259,068 Short-term investment - available-for-sale - - - - At fair value through profit and loss 33,925,250 - - 33,925,250

Various judgments and estimates are made in determining the fair value of financial instruments that are recognized andmeasured at fair value in the Company's financial statements. To provide an indication about the reliability of inputs used indetermining fair value, financial instruments have been classified into three levels, as prescribed under accounting standads. Anexplanation of each level follows the table.

In the fair value hierarchy in the preceding table, inputs and valuation techniques are as follows:

- Level 1: Quoted market price (unadjusted) in an active market- Level 2: Valuation techniques based on observable inputs- Level 3: Valuation techniques using significant unobservable inputs. This category includes all instruments where the valuation technique includes inputs not based on observable data.

There were no transfers into or out of Level 1 measurements.

33 RELATED PARTY TRANSACTIONS

34 EVENTS AFTER REPORTING PERIOD

35 NUMBER OF EMPLOYEES

36 RE-CLASSIFICATION AND RE-ARRANGEMENTS

Particulars From To 2018

201837 CAPITAL ADEQUACY Rupees

37.1 88,550,546 21,795,767 22,818,784

43,935,995

37.1

38 GENERAL

39 AUTHORIZATION

39.1

Chief Executive Director

Less: Revaluation Reserves (created upon revaluation of fixed assets)

Capital Adequacy Level

While determining the value of the total assets of the Company, the notional value as at June 30, 2018 of theTREC held by the Company has been considered.

Amounts have been rounded off to the nearest rupee, unless otherwise stated.

These financial statements were authorized for issue on 02 October, 2018 by the Board of Directors of the Company.

Less: Total Liabilities

The related parties of the Company comprise of shareholders/ directors, key management personnel, entitieswith common shareholding, entities over which the directors are able to exercise influence and entities undercommon directorship. Transactions with related parties and the balances outstanding at year end are disclosedin the respective notes to the financial statements.

No events occurred after the reporting period that would require adjustment or disclosure in the financial statements.

Total number of employees at the end of year was 10 (2017: 10). Average number of employees was 10 (2017: 10)

Corresponding figures have been reclassified and re-arranged wherever necessary to reflect more appropriatepresentation of events and transactions for the purpose of comparison, and in order to ensure compliance withdisclosure requirements in the 5th Schedule to the Companies Act, 2017. Significant reclassifications / re-arrangements are as follows:

Total Assets

1 THE COMPANY AND ITS OPERATIONS

2 BASIS OF PREPARATION

Statement of Compliance

2.2 Basis of Measurement

2.3 Judgements, Estimates and Assumptions

2.4 Standards, interpretations and amendments to published approved accounting standards

- Standards, amendments to published standards and interpretations effective in current year.

- New/Revised Standards, Interpretations and Amendments.

-

JAVED IQBAL SECURITIES (PRIVATE) LIMITEDNOTES TO THE ACCOUNTSAS AT DECMBER 31, 2018

These financial statements have been prepared under the historical cost convention except for certain financialinstruments at fair value and employees retirement benefits at present value. In these financial statements,except for cash flow statement, all transactions have been accounted for on accrual basis.

The preparation of financial statements requires management to make judgments, estimates and assumptionsthat affect the application of accounting policies and the reported amounts of assets, liabilities, income andexpenses. The estimates and associated assumptions are based on historical experience and various otherfactors that are believed to be reasonable under the circumstances, the result of which forms the basis ofmaking judgments about carrying values of assets and liabilities that are not readily apparent from othersources. Actual results may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates arerecognized in the period in which the estimate is revised and in any future periods affected.

Javed Iqbal Securities (Private) Limited ("the Company") was incorporated, in Pakistan, on February 20, 2001 as aprivate limited company, limited by shares, under the Companies Ordinance, 1984. The registered office of thecompany is situated at Mezzanine Floor Office No. 7-8 Stock Exchange Building, 19 Khayan-E-Aiwan-e-Iqbal,Lahore. The principal activity of the company is to carry on the business of trading and brokerage in stocks andsecurities and rendering of consultancy services.

These financial statements have been prepared in accordance with approved accounting standards asapplicable in Pakistan and the requirements of Companies Ordinance, 1984. Approved accounting standardscomprise of such International Financial Reporting Standards (IFRS) issued by the International AccountingStandard Board as notified under the Companies Ordinance, 1984, provisions of and directives issued under theCompanies Ordinance, 1984. In case requirements differ, the provisions or directives under the CompaniesOrdinance, 1984 shall prevail.

The following amendments to existing standards have been published that are applicable to the company'sfinancial statements covering annual periods, beginning on or after the following dates:

IFRS 13- Fair Value Measurement. The standard aims to improve consistency and reduce complexity by providinga precise definition of fair value and a single source of fair value measurement and disclosure requirements foruse across IFRSs. The requirements do not extend the use of fair value accounting but provide guidance on howit should be applied where its use is already required or permitted by other standards within IFRSs. The standardonly affects the disclosures in the Company's financial statements.

The adoption of the above improvements to accounting standards and interpretations are not likely to have an impact on the Company's financial statements.

Standards, interpretations and amendments to published standards that are effective but not relevant to thecompany.

The other new standards, amendments and interpretations that are mandatory for accounting periods

Following are the amendments that are applicable for accounting periods beginning on or after 01 July 2015:

- Standards, interpretations and amendments to existing standards that are not yet effective

IFRS 10 - Consolidated Financial Statements 01 January 2016IFRS 11 - Join Arrangements 01 January 2016IFRS 12 - Disclosure of Interests in Other Entities 01 January 2016IAS 16 and 38 - Clarification of Acceptable 01 January 2016IAS 16 and 41 - Agriculture: Bearer Plants 01 January 2016

-

3 SIGNIFICANT ACCOUNTING POLICIES

3.01 Property, plant and equipment

Recognition and measurement

Parts of an item of property and equipment having different useful lives are recognized as separate items.

Depreciation

Depreciation method, useful lives and residual values are reviewed at each reporting date.

De-recognition

3.02 Intangible assets

Trading Right Entitlement Certificate (TREC)

3.03 Financial Instruments

Recognition

De-recognition

Major renewals and improvements of an item of property and equipment are recognized in the carrying amountof the item if it is probable that the embodied future economic benefits will flow to the Company and the costof renewal or improvement can be measured reliably. The cost of the day-to-day servicing of property andequipment are recognized in profit or loss as incurred.

Depreciation is recognized in profit or loss by applying reducing balance method over the useful life of eachitem of property and equipment using the rates specified in note 4 to the financial statements.

Depreciation on addition to property and equipment is charged from the month in which the item becomesavailable for use. Depreciation is discontinued from the month in which it is disposed or classified as held fordisposal.

An item of property and equipment is de-recognized when permanently retired from use. Any gain or loss on disposal of property, plant and equipment is recognized in profit and loss account.

beginning on or after 01 July 2015 are considered not to be relevant or to have any significant impact on thecompany's financial reporting and operations.

The following amendments and interpretations to existing standards have been published and are mandatoryfor accounting periods beginning on or after their respective effective dates.

The above standards, amendments and interpretations are either not relevant to the Company's operations orare not expected to have significant impact on the Company's financial statements except for the increaseddisclosures in certain cases.

In addition to the above, the following new standards have been issued by IASB which are yet to be notified bythe SECP for the purpose of applicability in Pakistan.

The accounting policies set out below have been applied consistently to all periods presented in the financialstatements.

Items of property and equipment are measured at cost less accumulated depreciation and impairment losses.Cost includes expenditures that are directly attributable to the acquisition of the item.

These represent computer softwares, Trading Rights Entitlement Certificate (TREC). An intangible asset isrecognized as an asset if it is probable that future economic benefits attributable to the asset will flow to theentity and the cost of such asset can be measured reliably.

It is stated at cost less impairment, if any. Cost is determined as the value of the membership card with which ithas been exchanged. For this purpose, the cost of the membership card has first been allocated to the shares ofLSE and the remaining cost has been allocated to the TREC.

A financial instrument is recognized when the company becomes a party to the contractual provisions of theinstrument.

Measurement

Off-setting

"Regular way" purchases and sales of financial assets

3.04 Ordinary share capital

3.05 Borrowing

3.06 Employees retirement benefits

Short term employees benefits

Post-employment benefits

3.07 Trade and other payables

3.08 Trade and other receivables

Financial assets are de-recognized if the Company's contractual rights to the cash flows from the financial assetsexpire or if the Company transfers the financial asset to another party without retaining control or substantially allrisks and rewards of the asset. Financial liabilities are de-recognized if the Company's obligations specified in thecontract expire or are discharged, cancelled or transferred to another party without retaining any obligation.Any gain or loss on de-recognition of financial assets and financial liabilities is recognized in the profit and lossaccount.

The particular measurement methods adopted are disclosed in the individual policy statements associated witheach instrument.

A financial asset and a financial liability is offset and the net amount reported in the balance sheet if theCompany has legally enforceable right to set-off the recognized amounts and intends either to settle on a netbasis to realize the asset and settle the liability simultaneously.

All regular way purchases and sales of financial assets are recognized on trade date, i.e. the date the Companycommits to purchase or sell the asset. Regular way purchase or sales of financial assets are those contractswhich requires delivery of .assets within the time frame generally established by the regulation or convention inthe market.

Ordinary share capital is recognized as equity. Incremental costs directly attributable to the issuer of ordinaryshares and share options are recognized as deduction from equity.

These are recognized initially at fair value less attributable transaction costs. Subsequent to initial recognition,these are stated at amortized cost with any difference between cost and redemption value being recognized inthe profit or loss over the period of the borrowing on an effective interest basis.

The Company recognizes the undiscounted amount of short term employees benefits to be paid in exchangefor services rendered by employees as a liability after deducting amount already paid and as an expense inprofit and loss account unless it is included in the cost of inventories or property, plant and equipment aspermitted or required by the approved accounting standards. If the amount paid exceeds the undiscountedamount of benefits, the excess is recognized as an asset to the extent that the prepayment would lead to areduction in future payments or cash refund.

The Company provides for compensated absences of its employees on unavailed balance of leaves in theperiod in which the leaves are earned.

The Company operates an unfunded gratuity scheme (defined benefit plan) for all its permanent employeeswho have completed minimum qualified period for service as defined under the respective scheme. Liability isadjusted annually to cover the obligation and the adjustment is charged to profit and loss account. Thedetermination of the Company's obligation under the scheme requires assumptions to be made of futureoutcomes, the principal ones being in respect of increase in remuneration, expected average remainingworking lives of employees and discount rate used to derive present value of defined benefit obligation.

Liabilities for trade and other payables are carried at cost which is the fair value of the consideration to be paidin the future for goods and services received, whether or not billed to the Company and subsequentlymeasured at amortized cost.

Trade debts and other receivables are recognized initially at original invoice amount which is the fair value oftrade debts and other receivables and subsequently measured at amortized cost less provision for impairment, ifany. A provision for impairment is established when there is objective evidence that the company will not beable to collect all amounts due according to the original terms of receivables. Trade debts and other

3.09 Investment at fair value through profit and loss account

3.10 Investment available for sale

3.11 Securities sold / purchased under repurchase / resale agreements

3.12 Revenue

Revenue from different sources is recognized as follows:

Brokerage income is recognized as and when such services are rendered.

Dividend income is recognized when right to receive payment is established.

Commission on continuous funding system is recognized as and when accrued.

Rental income is recognized as and when accrued.

Mark-up on saving account is recognized on time proportion basis.

3.13 Borrowing cost

3.14 Income tax

able to collect all amounts due according to the original terms of receivables. Trade debts and otherreceivables considered irrecoverable are written off.

Investments are classified as investments at fair value through profit and loss account when either they aredesignated as such on initial recognition or are classified as held for trading. Held for trading investments areinvestments that are acquired principally for the purpose of selling them in the near future; or that are part of aportfolio of identified financial instruments that are managed together and for which there is evidence of arecent actual pattern of profit taking or that are derivatives, excluding financial guarantee contracts anddesignated and hedging instruments.

These are recognized initially at cost which includes transaction costs associated with the investment.Subsequent to initial recognition, quoted investments are measured at fair value. Unrealized gains and lossesarising from changes in fair value are recognized in profit and loss through other comprehensive income. Gain orloss on sale of investments is recognized in profit and loss account. Fair value of quoted investments is measuredby reference to published price quotations in an active market. Unquoted investments, where active marketdoes not exist, are carried at cost and checked for impairment at each year end. Impairment loss, if any, ischarged to profit and loss account.

Investments are classified as available for sale when these are intended to be held for an indefinite period oftime and may be sold in response to need for the liquidity or change in equity prices.

These are recognized initially at cost which includes transaction costs associated with the investment.Subsequent to initial recognition, quoted investments are measured at fair value. Unrealized gains and lossesarising from changes in fair value are recognized in equity until the investments are disposed off or impaired.Gain or loss on sale of these investments is recognized in profit and loss account. Fair value of quotedinvestments is measured by reference to published price quotations in an active market. Unquoted investments,where active market does not exist, are carried at cost and checked for impairment at each year end.Impairment loss, if any, is charged to profit and loss account.

Securities sold subject to a linked repurchase agreement ('repo') are retained in the financial statements and thecounterparty liability is included in borrowings under repurchase agreements. The difference between sale andrepurchase price is treated as mark-up income and is accrued over the life of agreement using the effectiveyield method.

Revenue is measured at fair value of the consideration received or receivable, net of returns allowances, tradediscounts and rebates, and represents amounts received or receivable for goods and services provided andother operating income earned in the normal course of business. Revenue is recognized when it is probable thatthe economic benefits associated with the transaction will flow to the Company, and the amount of revenueand the associated costs incurred or to be incurred can be measured reliably.

Underwriting commission is recognized as and when the contract is executed. Take-up commission is recognizedat the time of actual take-up.

Borrowing cost directly attributable to the acquisition, construction or production of qualifying assets, which areassets that necessarily take a substantial period of time to get ready for their intended use or sale, are added tothe cost of those assets, until such time as the assets are substantially ready for their intended use or sale.Investment income earned on the temporary investment of specific bowworings pending their expenditure onqualifying asset is deducted from the borrowing costs eligible for capitalization. All other borrowing costs arerecognized in the profit or loss as incurred.

Income tax expense compromises current tax and deferred tax. Income tax expense is recognized in profit andloss account except to the extent that it relates to items recognized directly in equity, in which case it is

3.15 Cash and cash equivalents

3.16 Foreign currency transactions and balances

3.17 Functional currency

These financial statements are prepared in Pak Rupees which is Company's functional currency.

3.18 Impairment

3.19 Related party transactions

3.20 Provisions


recognized in equity.

Current tax is the amount of tax payable on taxable income for the year, using tax rates enacted at thereporting date, and any adjustment to the tax payable in respect of previous years. Provision for current tax isbased on higher of the taxable income at current rates of taxation in Pakistan after taking into account taxcredits, rebates and exemptions available, if any, or 1% of turnover. However, for income covered under final taxregime, taxation is based on applicable tax rates under such regime. The amount of unpaid income tax inrespect of the current or prior periods is recognized as a liability. Any excess paid over what is due in respect ofthe current or prior periods is recognized as an asset.

Deferred tax is accounted for using the balance sheet liability method providing for temporary differencesbetween the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used fortax purposes. In this regard, the effect on deferred taxation of the portion of income that is subject to final taxregime is also considered in accordance with the requirement of "Technical Release-27" of the Institute of theChartered Accountants of Pakistan. Deferred tax is measured at rate that are expected to be applies to thetemporary differences when they reverse, based on laws that have been enacted or substantively enacted bythe reporting date. A deferred tax liability is recognized for all taxable temporary differences. A deferred taxasset is recognized for deductible temporary differences to the extent that future taxable profits will beavailable against which temporary differences can be utilized. Deferred tax asset are reviewed at eachreporting date and are reduced to the extent that it is no longer probable that the related tax benefit will berealized.

Provisions are recognized when the Company has a legal and constructive obligation as a result of past eventsand it is probable that outflow of resources embodying economic benefits will be required to settle theobligation and a reliable estimate can be made of the amount of obligation.

Deferred tax is not recognized for timing differences that are not expected to reverse and for the temporarydifferences arising from the initial recognition of goodwill and initial recognition of assets and liabilities in atransaction that is not a business combination and that at the time of transaction affects neither the accountingnor the taxable profit.

Cash and cash equivalent for the purpose of cash flow statement compromise cash in hand and in currentaccounts with various banks after deducting balances under lien, if any. Cash and cash equivalents are carriedat cost.

Transactions in foreign currency are translated to the functional currency of the Company using exchange rateat the date of transaction. Monetary assets and liabilities denominated in foreign currency at the reporting dateare translated to the functional currency at exchange rate at that date. Non-monetary assets and liabilitiesdenominated in foreign currency that are measured at fair value are translated to the functional currency atexchange rate at the date that fair value was determined. Non-monetary assets and liabilities denominated inthe foreign currency that are measured at historical cost are translated to functional currency at exchange rateat the date of transaction. Gain or loss arising on translation of foreign currency transactions and balances isrecognized in profit and loss account.

An impairment loss is recognized if the carrying amount of an asset or its cash generating unit exceeds itsrecoverable amount. Impairment losses are recognized in profit and loss account. Impairment losses arereversed if there is an indication that the impairment loss may no longer exist and there has been a change inthe estimate used to determine the recoverable amount. An impairment loss is reversed only to the extent thatthe asset's carrying amount does not exceed the carrying amount that would have been determined, net ofdepreciation and amortization, if no impairment loss had been recognized.

Related party transactions are carried out on an arm's length basis. Pricing for these transactions is determinedon the basis of comparable uncontrolled price method, which sets the price by reference to comparable goodsand services sold in an economically comparable market to a buyer unrelated to the seller.

4 SHARE CAPITALAuthorised Share Capital400,000 (2017: 100,000) Ordinary Shares of Rs. 100 each 40,000,000 40,000,000

Issued, Subscribed and Paid Up Share Capital100,000 (2017: 100,000) Ordinary Shares of Rs. 100 each fully paid in cash 10,000,000 10,000,000

10,000,000 10,000,000

5Balance at the beginning of the year 22,818,784 22,818,784 Add: Surplus arising during the year - -

22,818,784 22,818,784 Less: Impairment Loss - - Balance at the end of the year 22,818,784 22,818,784

5.1


6 5,867,804 5,317,804

6.1 Loan from Directors - UnsecuredFrom the Chief Executive - Opening 6.1.1 5,317,804 4,362,391 Additions / (payments) during the year 955,413 955,413 From the Chief Executive - Ending 6,273,217 5,317,804

6.2 Loan from Banking Companies - SecuredBIPL Bank Term Finance - Opening 6.2.1 - 405,413 Additions / (payments) during the year (405,413) (405,413) BIPL Bank Term Finance - Ending (405,413) -

6.1.1

6.2.1

LOAN AND FINANCING

The company secured a facility from BIPL, which was utilised in the purchase of property by the company. Theloan was payable in 96 equal month instalments due on the 15th of each month, and is secured by a leaseholdproperty owned by the Company. The rate of mark-up is 6-months KIBOR + 100 basis points.

The above-mentioned loan from the chief executive of the company, a related party, is interest free and short-term in nature as there is a written commitment to pay the loan in the next year.

SURPLUS ON REVALUATION OF NON-CURRENT ASSETS

On April 5, 2010, the Company engaged M/s Hamid Mukhtar & Co (Pvt) Ltd to perform a revaluation of therooms held at stock exchanges and the membership of PSX, resulting a revaluation surplus of Rs. 22,831,400.Consistent with the guidance in IAS 16 to periodically revalue, the Company engaged M/s BFA (Pvt) Ltd, whoperformed another revaluation as at June 30, 2015. The revaluation did not result in an adjustment to thecarrying value of the assets in question or to the revaluation surplus.

The membership card referred to above was bifurcated into an ownership rights (shares) in LSE Financial ServicesLimited and a Trading Rights Entitlement Certificate (see note 12 for details). The revaluation surplus during theyear was due to a revaluation of shares in the LSE Financial Services Limited based on revised price informationthat became public during the year, and the impairment loss during the year is due to the write-down of theTrading Rights Entitlement Certificate based on guidance from the relevant stock exchange.

The first the revaluation of rooms No 7& 8 on Mezzanine Floor of LSE and membership of PSX revalued by M/sHamid Mukhtar & Co. (Pvt) Ltd on April 05, 2010. This revaluation produced revaluation surplus of Rs. 22,831,400that was credited to Surplus on Revaluation . Now The managment of the company , in order to comply with therequirment of IAS 16, to measure the fair value of these assets, got revaluation of rooms No 7& 8 on MezzanineFloor of LSE and membership of PSX (insulsive of PSX Shares) from M/s BFA (pvt) LTD on June 30, 2015. Themanagement do not envisaged any material difference of the cost of these assets appeared in the accounts ascompared to the fair value revalued by the valuer. So the management of the company did not account forsuch difference.


7 TRADE AND OTHER PAYABLES

Trade Creditors 19,708,643 19,708,643 Short Term Borrowing 838,887 838,887 Accrued Liabilities 275,000 275,000 NCSS 4,253,230 4,253,230 Tax on trading 1,702 1,702

25,077,462 25,077,462

8 PROVISION FOR TAXATION

Balance at the beginning of the year 737,620 1,479,663 Current Year Provision 12,216 737,620

Adjustment against advance tax (737,620) (1,479,663) Balance at the end of the year 12,216 737,620

9 CONTINGENCIES AND COMMITMENTS

There were no contingencies and commitments as at the reporting date.


11 ROOMS RIGHTS

Rooms - PSX 13,000,000 13,000,000 Rooms - Lahore Stock Exchange 9,000,000 9,000,000

22,000,000 22,000,000

12 INTANGIBLE ASSET AND LONG-TERM INVESTMENT Dec-18 Jun-18Rupees Rupees

Intangible asset - TREC 2,500,000 5,100,000

Long-term investment in LSE Financial Services Limited 15,259,068 14,887,384

12.1

This represents the value of leases of three rooms - two from the PSX and one from the Lahore Stock Exchange. In

each case, the lease period is 99 years, commencing April 1, 1992. Given the long duration of the lease term

and the fact that it cannot be reliably estimated whether additional amounts will be due upon lease expiry in

order to renew the leases, the room rights are treated as an intangible asset with an indefinite useful life.

Prior to the below-noted bifurcation and fair value estimation, the Company had recorded its membership in therelevant stock exchange at Rs. 20 million, which represented the independently verified fair value of themembership card at the time.

A minimum capital requirement of Rs. 4 million was introduced by LSE Financial Services Limited. In the absenceof an active market for TRECs, this value was considered the closest estimate of the fair value of the TREC. Withrespect to the shares, the face value of the shares – Rs. 8.44 million – was considered the closest estimate of theirfair value. The afore-mentioned estimates indicate that the fair values of the TREC and the shares are in a 0.32 /0.68 ratio.

Based on the above, the carrying value of the membership card (Rs. 20 million) was allocated between theTREC and the shares based on the ratio of their values – that is, 68% or Rs. 13.6 million to the shares, and 32% or Rs.6.4 million to the TREC.

In February 2017, a circular was issued by the LSE Financial Services Limited (previously the Lahore StockExchange) indicating that the net asset value (“NAV”) per share was Rs. 17.64. Based on this information, the

Pursuant to the promulgation of the Stock Exchanges (Corporatisation, Demutualization and Integration) Act,2012, the ownership right in a Stock Exchange was segregated from the right to trade on an exchange. Thisarrangement resulted in the allocation of a Trading Rights Entitlement Certificate (“TREC”) and LSE FinancialServices Limited shares (843,956 shares at a face value of Rs. 10 each, for a total face value of Rs. 8.44 million) tothe Company.


13 LONG TERM DEPOSITNCSS 500,000 500,000 LSE Financial Services Limited 100,000 100,000 CDC 100,000 100,000 Other 100,000 100,000

800,000 800,000 Dec-18 Jun-18

14 INVESTMENTS - AVAILABLE FOR SALE Rupees Rupees

Opening Value 39,242,871 45,381,600 Gain/(Loss) on Re-measurement to Fair Value (5,317,621) (4,013,700) Ending Value 33,925,250 41,367,900

1,010,000 shares out of 10,100,000 shares pledged against exposure as on June 30, 2017

15 TRADE DEBTS - CONSIDERED GOODDue From Customers - Unsecured 13,726 8,454,772

13,726 8,454,772

Dec-18 Jun-1816 Rupees Rupees

Advance Income Tax 1,468,990 1,997,631 Sundry Debtors 87 87 Other receivables 1,611,757 -

3,080,834 1,997,718

17 CASH AND BANK BALANCESCash at Bank:- In Client Account 22,276,912 26,563,714 - In House Accounts 62,360 54,643 Cash in Hand - -

22,339,272 26,618,357 18 INCOME

Dividend Income 980,113 821,988 Retail Client 3,807,141 9,914,749

4,787,254 10,736,737

Rupees RupeesNote

19 OPERATING EXPENSESDirectors Remuneration 1,516,600 1,816,635 Staff Salaries 3,469,100 3,589,900 PSX Charges & Other 61,833 446,134 CDC Charges 404,547 498,521 Utilities 568,212 542,736 Rent Rates & Taxes 30,569 31,355 Fee and Subscription 106,534 225,845 Repair & Maintenance 1,446,976 1,943,928 Vehicle Running & Maintenance 428,730 352,830 Telephone & Mobile 805,590 707,835

ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES

Exchange) indicating that the net asset value (“NAV”) per share was Rs. 17.64. Based on this information, theshares held have been revalued to Rs. 14.9 million, with the resulting gain recorded as an adjustment torevaluation surplus. Similarly, pursuant to guidance from the LSE, the TREC was revalued to Rs. 5.1 million, with theresulting impairment loss recorded as an adjustment to the previously recognized revaluation surplus on theasset.

Of the total shares held (843,975), 506,385 have been transferred to a CDC sub-account in the Company’s nameand will remain blocked until they are divested, sold to strategic investors, sold to the general public or sold tofinancial institutions, at which time the proceeds will be paid to the Company. The remaining shares, along withthe TREC, have been pledged in accordance with PSX’s Base Minimum Capital (“BMC”) requirement regulation(number 19.2).

Entertainment 529,236 342,513 Printing & Stationery 562,344 401,195 News Paper and Periodicals 19,879 51,166 Legal & Professional Charges 16,500 17,700 Collection Charges - 61,920 Office Expenses 852,706 977,685 Auditors Remuneration 19.1 125,000 125,000 Depreciation - 639,544 Bad Debt Expense 116,081 - Software Expense 266,996 171,468

11,327,433 12,943,910 less: expenses recovered (2,130,055) (2,333,921)

9,197,378 10,609,989

19.1 Auditors' Remuneration125,000 1 125,000 1

19.2

Note Dec-18 Jun-18

20 FINANCE COST Rupees RupeesLoan Interest Charges 32,327 41,306 Bank Charges 21,125 25,574

53,452 66,880

21 OTHER INCOME

Rental Income 61,920 1,032,000 Interest Income 21.1 915,371 1,264,351 Gain on sale of short term investment (realised) 823,971 - Loss on remeasurement of TREC (2,600,000) - Gain on remeasurement of LSE shares 371,684 -

(427,054) 2,296,351

21.1 This represents the profit on PLS accounts ranging from 4.5% to 7.5% (2016: 4.5% to 7.5%)

22 (LOSS)/EARNINGS PER SHARE - BASIC

Profit/(Loss) after Taxation 130,366 (5,536,804) Weighted Average Number of Shares 150,000 100,000

Earnings per Share (RUPEES) 0.87 (55.37)

23 CASH AND CASH EQUIVALENTS Dec-18 Jun-18Rupees Rupees

Cash at Bank 22,339,272 26,806,777 Cash in Hand - -

22,339,272 26,806,777 24 REMUNERATION OF CHIEF EXECUTIVE AND DIRECTORS

Chief ExecutiveDec-18 Jun-18 Dec-18 Jun-18Rupees Rupees Rupees Rupees

Managerial Remuneration/Honorarium 1,028,190 1,328,225 488,410 488,410

Cash and Cash Equivalents comprise of the following amounts:

The aggregate amounts charged in the accounts for remuneration, including benefits and perquisites, were as follows:

The Company does not have a post-employment or retirement benefits plan.

Directors

There is no dilutive effect on the basic earnings per share of the Company, which is based on:

The audit fee and remuneration included in the financial statements is as follows:

1,028,190 1,328,225 488,410 488,410

Total Remuneration of Chief Executive & Directors 1,516,600 1,816,635 Number of persons 2 2

25 FINANCIAL RISK MANAGEMENT

25.1 MARKET RISK

25.2 Foreign Exchange Risk Managenent

25.3 Interest Rate Risk

25.4 Price Risk

26 CAPITAL RISK MANAGEMENT

27 FAIR VALUES OF FINANCIAL INSTRUMENTS

-

-

27.1 Fair value hierarchy

Level 1: Quoted prices (unadjusted) in active market for identical assets or liabilities.

Price risk represents the risk that fair value of financial instrument will fluctuate because of changes in the marketprices. Whether those changes are caused by factors specific to the individual financial instrument or its issuer, orfactor affecting all or similar financial instruments traded in the market. The company manages price risk bymonitoring exposure in quoted equity securities and implementing the strict discipline in internal riskmanagement and investment policies.

Interest Rate Risk is the risk that the fair value or future or future cash flows of a financial instrument will fluctuatedue to changes in market interest rates. Significant interest rate risk exposure are primarily managed by a mix ofborrowing at fixed and variable interest rates and entering into interest rate swap contracrs. The Company'sinterest raterisk arises from short term cash finance facility. The company analyzes its interest rate exposure on aregular basis by momitoring existing facilities against prevailing marketk interest rates and taking into accountsvarious other financing options available.

Currency risk is the risk that the fair value or future cash flows of a financial statement will fluctuate because ofchange in foreign exchange rates. The company is not significantly exposed to currency risk as the companydoes not maintain bank accounts in foreign currencies.

The company's objective when managing capital is to safe guard its ability to continue as a going concern sothat it can continue to provide returns for shareholders and benefits for other stake holders; and to maintainstrong capital base to support the development of its business.

The company manages its capital structure in the contex of economic conditions and risk characteristics of theunderlying assets. In order to maintain or adjust the capatial structure the company may adjust amount ofdividend paid to shareholders or issue new shares. The company is not sunject to externally imposed capatialrequirements.

Fair value is the price that would be received so sell an asset or paid to transfer a liability in an orderlytransaction between market participants at the measurement date. Underlying the definition of fair value is thepresumption that the Company is going concern and there is no intention or requirements to curtail materiallythe scale of its operation or to undertake a transaction on adverse terms.

The carrying values of all financial assets and liabilities reflected in the financial statements approximate their fairvalues.

Following are three levels in fair value hierarchy that reflects the significance of the inputs used in measurementof fair values of financial instruments.

Market risk means that fair value of future cash flows of a financial instrument with fluctuate because of changein market prices such as, foreign exchange rates, interest rates and equity prices. The objective is to manageand control market risk exposures within accepatable parameters. While optimizing the return. Market riskcomprises of three types of risk; foreign exchange or currency risk, interest rate risk and price risk. The market riskassociated with the company's business activities are discussed as under;

Level 3: Inputs for asset or liability that are not based on observable market data (unobservable inputs).

The Company does not hold any instrument which could be included in Level 1, Level 2 and Level 3.

28 SUBSEQUENT EVENTS

29 NUMBER OF EMPLOYEES Dec-18 Jun-18

Number of employees at year end 10 10Average number of employees during the year 10 10

30 TRANSACTIONS WITH RELATED PARTY

31 DISCLOSURES RELATED TO PROVIDENT FUND

As there is no provident fund scheme, no related disclosures are applicable.

32 DATE OF AUTHORISATION

33 GENERALFigures have been rounded off to the nearest rupee.

Chief Executive Director

These financial statements were authorized for issue as on …………………...……. by the Board of Directors of theCompany.

There were no significant adjustable events subsequent to 30 June 2018, which may require an adjustment to thefinancial statements or additional disclosure and have not already been disclosed in these financial statements.

Level 2: Inputs other than quoted prices included within level 1 that are observable for the asset or liability, eitherdirectly (i.e. as prices) or indirectly (i.e. derived from prices).

Related parties and associates comprise of directors and key management personnel. Transactions with related

parties and associates, other than remuneration and benefits to key management perssonel under the terms of

their employment, include a long-term loan from Mr. Javed Iqbal (Cheif Executive Officer).

JAVED IQBAL SECURITIES (PRIVATE) LIMITEDCOMPUTATION FOR CURRENT YEAR TAX LIABILITYFOR THE PERIOD ENDED JUNE 30, 2018

1 accounting income Rupees Rupeesaccounting Loss before tax as per (1,714,495) accounts.

less : apportioment of expenses 113c(7) I exempt income as per 2nd schedule II capital gain section 37A III Final tax importer section 148 (7) Iv Final tax dividend section 5 & 150 291,324 v Final tax supplies & contract section 153(3) vi Final tax exports section 154(4) vii Final tax prize bonds section 156 viii Final tax brokerage section 233(3) 1,129,025

1,420,349 Accounting Loss (294,146)

2- CORPORATE TAXTotal tax payable I tax on taxable incomeii final tax on the followings a capital gain section 37A b Final tax importer section 148 (7) c Final tax dividend section 150 75,298 d Final tax supplies & contract section 153(3) e Final tax exports section 154(4) f Final tax prize bonds section 156 g Final tax brokerage section 233(3) 10,966 Tax liability 86,264

Advance tax paid/ deductedas per detail 208,978 REFUND OF INCOME TAX 122,714

Minimum Tax u/s 113Gross receiptproperty income-U/S 15 I.T.O 61,920 profit on debt-U/S 151 & 7B I.T.O 915,371

977,291 1.25 12,216

Working Income % Cost Net lossFinal Income Rupees Rupees RupeesCommission income-U/S 233A I.T.O 3,807,141 66 4,936,166 1,129,025 Dividend income - U/S 5,150 I.T.O 980,113 17 1,271,437 291,324

Normal Businessproperty income-U/S 15 I.T.O 61,920 1 74,790 12,870 profit on debt-U/S 151 & 7B I.T.O 915,371 16 1,196,646 281,275

5,764,545 100 7,479,040 1,714,494 7,479,039

Tax on property incomeRental income- U/S 15 61,920 Less: statutory deductions u/s 15 ARepair & maintenance allowance - - Collection & admin charges - -

- Taxable income 61,920

NO NEED AS EVIDENT FROM ABOVE THERE IS ACCOUNTING LOSS.Normal income tax Rupees RupeesTaxable Profit as per accounts (1,714,495) less allowances -property incomeRental Income 61,920 Repair & maintenance allowance 12,384 0.20 Collection & admin charges 3,715 16,099 0.06

less notional income - (1,730,594)

Add. Accounting depreciation 633,959 less tax depreciation 498,471 Taxable income (1,595,106) 31 494,483-

Minimum Tax u/s 113Gross receiptBrokerage Income 3,807,141 Rental Income 61,920 Dividend 980,113 Interest Income 915,371

5,764,545 1 57,645 ALTERNATE CORPORATE TAXaccounting income before tax (1,714,495) 17 291,464-

should mention the section with complete detail, required for tax return 57,645

ADVANCE TAXRupees

Commission on Purchase 3,792 Commission on Sales 7,174 10,966

Cash Withdrawal 10,144 Profit on Bank 91,537 Rental Income - Dividend Income 75,298 Utility Bills: 21,033 PTCLWaridUfone MobilinkAdvance tax Paid U/s 147 -

208,978 208,978

PLEASE CHECK WITH THE TAX FILE WITH SOHAIB SBDetail of provision & advance tax provision adavance tax

Rupees Rupeestax year 2011 226,846 tax year 2012 1,229,244 1,056,441 tax year 2012- with return 82,910 tax year 2013 1,286,383 1,189,058 tax year 2013- with return 96,825 tax year 2014 1,952,455 1,711,826 tax year 2014 with return 198,613

` total 4,468,082 4,562,519 adjustments- tax year 2012 (1,229,244) (1,229,244)

position tax year 2014 3,238,838 3,333,275 provision for the year-2015 936,176 1,278,779 position tax year 2015 4,175,014 4,612,054 Adjustment of tax year 2015 (6,984) provision for tax year 2016 737,620 208,978

4,905,650 4,821,032 (84,618)

Advance tax + carried forward 124,360 Tax payable with return (66,715)

Brokerage commission section 233A business income- adjustable income taxDividend section 7 business income- not final tax for companyRental income section 15 business income -companyless deduction section 15A(a) 1/5 repairs & maintenance allowance

section 15A(b) insurancesection 15A(c) local taxessection 15A(d) mortage charges

6% collection chargesprofit on bebt Section 7B final tax not for the company

Gain on revaluation of investment schedule 7th not income being notional income

JAVED IQBAL SECURITIES (PRIVATE) LIMITEDADJUSTING ENTRIES

DEBIT CREDIT

1 Audit FEE 125,000

posting

Code Title Op. Debit Op. Credit Debits

01-30100 CAPITAL ACCOUNT 0.00 10,000,000.00 0.00SHARES CAPITAL & REVENUE 0.00 10,000,000.00 0.00

02-AB001 UNAPPROPRIATED PROFIT (LOSS) 0.00 49,503,432.26 0.00UNAPPROPRIATED PROFIT (LOSS) 0.00 49,503,432.26 0.00

01-11016 SURPLUS ON REVALUATION OF NON CURRENT ASSETS 0.00 22,818,784.00 0.00SURPLUS ON REVALUATION OF NON CURRENT ASSETS 0.00 22,818,784.00 0.00

02-91231 DIRECTOR LOAN ACCOUNT 0.00 4,362,391.00 0.00DIRECTOR LOAN ACCOUNTS 0.00 4,362,391.00 0.00

03-52019 KASB BANK LOAN A/C 0021-532486-358 0.00 405,413.00 405,413.00LONGTERM LOAN FORM BANKING COMPANIES 0.00 405,413.00 405,413.00

01-40026 HBL-LSE RF A/C 0866-40026462-03 1,500.00 0.00 0.00SHORT TERM BORROWINGS - SECURED 1,500.00 0.00 0.00

02-52016 ACCRUED CHARGES 0.00 448,435.00 448,435.0002-52017 AUDIT FEE PAYABLES 0.00 125,000.00 125,000.00

TRADE & OTHER PAYABLES 0.00 573,435.00 573,435.00

01-52123 ADVANCE TAX 1,030,939.84 0.00 0.00INCOME TAX PAYABLE 1,030,939.84 0.00 0.00

02-1232 WHT ON DIVIDEND INCOME 102,748.00 0.00 75,298.0002-1233 WHT ON RENTAL INCOME 154,800.00 0.00 0.0002-1234 TAX DED AT SOURCE (ADVANCE TAX) 52,863.84 0.00 21,032.96

TAX DEDUCTION AT SOURCE (ADVANCE TAX) 310,411.84 0.00 96,330.96

03-91212 TAX ON PROFIT ON BANK A/C 124,119.36 0.00 91,537.05TAX ON PROFIT OF BANK A/C 124,119.36 0.00 91,537.05

04-TAXCL TAX ON BREAR CHEQUES 32,303.52 0.00 10,144.40TAX ON BREAR CHQEUES 32,303.52 0.00 10,144.40

05-PWHTP PRESUMPTIVE WHT ON PURCHASE (.01%) 233,876.00 0.00 3,792.0005-PWHTS PRESUMPTIVE WHT ON SALE (.01%) 265,981.00 0.00 7,174.00

PRESUMPTIVE WITH HOLDING TAX 499,857.00 0.00 10,966.00

06-91992 PAKISTAN STOCK EXCHANGE LIMITED 0.00 0.00 397,187.00LSE LAGA ACCOUNT 0.00 0.00 397,187.00

07-52117 PROVISION FOR TAXTATION (LIABILITIES)-BS 0.00 737,620.00 0.00PROVISION FOR TAXTATION (LIABILITIES) 0.00 737,620.00 0.00

08-52116 WITH HOLDING TAX PAYABLE 0.00 0.00 55,535.00

JAVED IQBAL SECURITIES (PVT) LIMITEDTREC HOLDER, PAKISTAN STOCK EXCHANGE LIMITED

M-7/8, PSX BUILDING, LAHORE. TRD: 36369112-5, A/C:36369116

WITH HOLDING TAX PAYABLE 0.00 0.00 55,535.00

01-CGT CGT 292.09 0.00 0.0001-CGTR CGT REFUNDED PAYMENT 0.00 1.22 19,668.8701-CVT CVT (0.01%) 0.00 13,929.74 0.0001-FED COLLECTOR OF SALES TAX & FEDRAL EXCISE 0.00 254,303.50 457,266.1201-FEDP FEDERAL EXCISE DUTY PURCHASE 0.00 0.00 0.0001-FEDS FEDERAL EXCISE DUTY SALE 0.00 0.00 0.0001-NDM NDM MARKET REPORTING FEE 117.61 0.00 0.0001-WHTS WHTS 0.00 1,667.90 0.00

TAX ON TRADING 409.70 269,902.36 476,934.99

01-11411 GHULAM MUSTAFA 0.00 4,953.31 4,100.0001-11588 MOHAMMAD ZAKRIYA 0.00 100,420.43 33,018.5601-11786 SHOUKAT ALI 0.00 4.54 0.0001-11853 KHURSHID ANWAR MIRZA 0.00 9,517.17 4,180.0001-11937 ZEESHAN GHIYAS 0.00 19,962.21 0.0001-11997 SHUJA-UD-DIN 0.00 614.76 0.0001-20 JAVED IQBAL SEC. (HOUSE) 0.00 2,916.76 0.0001-40001 KHALID JAHANGIR BUTT 0.00 30,037.39 4,100.0001-77777 KARAMAT ULLAH MALIK 0.00 98,093.83 95,410.3701-90122 IBRAR UL ISLAM 0.00 1,465.90 0.0001-90173 ADIL ZIA 506.45 0.00 0.0001-90189 HAROON AHMED 0.00 5,866.17 3,644.9401-90190 MOHAMMAD SHAFIQUE 0.00 7,732.57 829.5001-90281 IFTIKHAR HUSSAIN 0.00 100,807.24 100,807.2401-90294 AAMIR SAEED 0.00 206,218.29 179,100.0001-90297 MEHBOOB TABBSUM MIRZA 0.00 9,135.37 4,100.0001-90298 AQUEEL UR REHMAN TAHIR 0.00 1,896.50 0.0001-90341 SHAHID MEHMOOD 0.00 18,358.02 13,858.3401-90349 JAMILA SALEEM 0.00 276,651.59 181,716.0001-90351 MOHAMMAD ASHRAF 0.00 4,850.67 1,382.9001-90352 RANA MOHAMMAD ASLAM 0.00 2,345.25 0.0001-90369 MOHAMMAD SHAFIQUE ASGHAR 0.00 1,238.90 463.4101-90371 RANA AZHAR RAFIQUE 0.00 14,046.43 0.0001-90381 MOHAMMAD UMAIR 0.00 126,375.55 123,461.6401-90561 AIZAZ MANSOOR SHEIKH 0.00 4,968.00 4,100.0001-90563 OMER AIZAZ SHEIKH 0.00 4,725.21 4,100.0001-90567 NADEEM ATTA SHEIKH 539.88 0.00 0.0001-90572 NASIR YAQOOB 0.00 2,954.11 0.0001-90574 ABDUL AZIZ OPAL 0.00 14,269.85 12,656.3401-90575 MOHAMMAD JAWAID 278.79 0.00 0.0001-90576 CH. SOHAIL AHMED 0.00 4,990.86 4,100.0001-90582 ALI QAMAR 58.80 0.00 0.0001-90585 ABDUL LATIF 0.00 5,395.76 7,428.3401-90591 MOHAMMAD KHALID 0.00 6,046.48 4,100.0001-90624 QADEER AHMAD 0.00 3,548.24 3,455.0001-90712 NADEEM AHMAD 0.00 2,194.10 1,515.1001-90737 SHAH JAHAN 1,832.51 0.00 0.0001-90886 MUHAMMAD IJAZ SUHAIL 0.00 9,249.96 2,343.4001-90887 AGHA SAKHAWAT ALI KHAN 0.00 957.73 100.0001-90923 NCSS 7,336,226.20 0.00 0.0001-90930 SYED TEHSEEN SAJID QADRI 0.00 4,393.35 4,100.0001-90934 MOHAMMAD SOHAIL KHOKHAR 0.00 11,574.49 4,100.0001-90944 HAFIZ MUSHTAQ AHMAD 0.00 52,174.02 0.0001-90964 AKHTAR ALI 0.00 2,215.87 1,550.0001-90974 PERVAIZ NASAR 0.00 62,030.22 49,025.7801-90978 MAQSOOD AHMAD BUTT 0.00 20,982.96 0.0001-90984 MOHAMMAD ASLAM KHAN 0.00 7,202.23 4,100.00

01-90992 WAQAR MEHMOOD ZAMAN 0.00 2,551.12 2,551.1201-90995 ASIF MEHMOOD KAYANI 0.00 40,052.59 34,100.0001-90998 MOHAMMAD AFZAL QAMAR 0.00 2,758.40 2,014.4001-91001 RIZWAN-ULL-AH SANAI 599.59 0.00 0.0001-91019 TAJAMUL HUSSAIN HASHMI 0.00 545,497.06 450,700.0801-91020 MUHAMMAD AKMAL KHAN 0.00 438,219.74 374,378.4701-91041 MOHAMMAD JAMIL 0.00 3,883.18 0.0001-91044 JAMSHED FARUQI 0.00 69.34 69.3401-91048 KHALEEQ AHMED KHAN 0.00 8,083.88 7,609.8601-91056 SHEIKH ILYAS AHMAD 0.00 74,659.01 17,935.2101-91059 MASOOD HAMID 0.00 1,996.74 0.0001-91072 RIFFAT IQBAL ANJUM 62.19 0.00 0.0001-91083 SHAHID SIRAJ 0.00 8,271.01 4,100.0001-91090 MUTAHIRA NAZ 0.00 6,514.62 4,100.0001-91106 MOHAMMAD AHMAD BUKHARI 0.00 130.34 0.0001-91167 MASOOD ALAM 0.00 12,837.76 4,100.0001-91180 MUBSHER MEHMOOD SHAH 0.00 1,473.54 0.0001-91238 FIRDOUS BEGUM 0.00 7,006.67 2,278.5801-91259 ZAHID MOHAYY-UD-DIN KHAWAJA 0.00 1,971.07 1,100.0001-91261 MR. JAVED IQBAL 0.00 1,821.32 0.0001-91264 KAMRAN KHALID 172.28 0.00 0.0001-91277 MOHAMMAD LATIF ANJUM 0.00 209,183.28 204,100.0001-91289 MOHAMMAD ASLAM BHATTI 0.00 22,738.93 4,100.0001-91294 MOHAMMAD ARSHAD 0.00 1,804.88 1,800.0001-91297 KARIM ZAFAR MALIK 0.00 9,910.06 4,100.0001-91303 NADEEM ZULFI 679.47 0.00 0.0001-91310 SHAMIM SHAUKAT 0.00 12,716.91 0.0001-91318 ISHRAT NASIM ANWAR 624.93 0.00 0.0001-91325 MALIK LIAQUAT HUSSAIN 0.00 18,034.63 14,959.8601-91326 SULTAN AHMED QURESHI 2.31 0.00 579.0001-91333 MOHAMMAD USMAN GHANI USMANI 0.00 401.41 0.0001-91334 TAHIR ASGHAR 0.00 785,516.08 777,045.6201-91341 MOHAMMAD IQBAL 0.00 19,387.00 4,100.0001-91359 MALIK GHULAM ABBAS ZAHID 0.00 46,571.15 9,267.3901-91373 AGHA AKHLAS AHMED KHAN 0.00 4,245.47 4,332.0001-91378 SHAHIDA MINI 0.00 17,407.17 4,100.0001-91383 TALAT TAHIR 0.00 19,358.26 4,100.0001-91397 RIASAT ALI KHAN BAJWA 646.09 0.00 0.0001-91406 MIAN KHURRAM SALEEM 0.00 32,396.86 24,100.0001-91407 GHAZALA IFTIKHAR 0.00 5,177.30 4,100.0001-91410 AAMIR KHURSHEED 0.00 131,184.42 85,715.1901-91413 AZHAR AHMAD 0.00 5,169.45 4,100.0001-91420 HAJI ZAFAR AHMAD 0.00 216,675.48 37,546.3101-91425 TAHIR AZEEM 0.00 7,154.76 0.0001-91429 MOHAMMAD HAMAYUN FAROOQ 0.00 3,837.98 4,000.0001-91437 MRS. FARHAT IQBAL 0.00 16,768.85 4,100.0001-91448 ADNAN KIBRIA 0.00 13,337.01 0.0001-91455 MOHAMMAD NASIR IQBAL 0.00 17,238.74 12,930.0001-91459 TAYYAB MAHMOOD 0.00 5,666.58 4,151.5601-91461 MOHAMMAD AZEEM KHOKHAR 0.00 14,824.35 6,046.0001-91463 MOHAMMAD JAMIL 0.00 48,222.63 43,178.5801-91468 MOHAMMAD YOUSAF 196.32 0.00 0.0001-91469 CH. NOOR MOHAMMAD 0.00 15,458.58 4,100.0001-91477 HAQ NAWAZ 0.00 141,723.19 141,718.4001-91478 MOHAMMAD ASHIQ SHEIKH 0.00 1,785.55 0.0001-91491 KASHIF SHAFIQUE VOHRA 0.00 2,141.41 1,500.0001-91492 QAISER SHAFIQUE 0.00 14,094.45 4,100.0001-91501 MOHAMMAD AFTAB 0.00 7,178.71 4,100.0001-91523 JAWAD KOUSAR SADRI 938.16 0.00 0.00

01-91524 TALAT IQBAL 0.00 7,478.73 4,100.0001-91530 RUKHSANA RAJA 0.00 2,628.28 1,100.0001-91558 MOHAMMAD WASEEM AAMIR 0.00 3,608.15 3,050.0001-91562 FIZZA ISRAR 1,315.98 0.00 0.0001-91564 MOHAMMAD SHABBIR 548.58 0.00 0.0001-91565 SYED IFTIKHAR HUSSAIN TIRMAZI 0.00 513.10 0.0001-91575 IFTIKHAR AHMAD 0.00 7,269.15 4,100.0001-91580 TARIQ SAEED BUTT 231.15 0.00 0.0001-91581 SHEIKH TAHIR NADEEM 0.00 5,079.37 4,100.0001-91596 SURRIYA JAMIL 715.57 0.00 0.0001-91603 MOHAMMAD SIDDIQUE ABID 0.00 6,809.51 4,100.0001-91612 TARIQ LATIF 0.00 2,550.24 2,335.0001-91626 TIPU SULTAN 131.06 0.00 0.0001-91634 MOHAMMAD SHAFIQUE SHEIKH 0.00 141,388.27 93,550.2601-91636 MOHAMMAD TAHER MIAN 0.00 8,422.40 4,100.0001-91645 MOHAMMAD RAMZAN 0.00 2,129.81 0.0001-91651 RAJA SAGHIR AHMAD 0.00 183,511.88 180,941.5801-91654 LIAQAT ALI 0.00 3,716.21 3,716.2101-91659 AKMAL AWAIS 0.00 4,129.17 4,100.0001-91669 HABIB AHMAD 0.00 5,970.92 4,100.0001-91680 SAMI REHMAN 527.51 0.00 3,050.0001-91683 NIGHAT PARVEEN 0.00 233.89 0.0001-91686 MUJTABA MEHMOOD 0.00 8,048.64 0.0001-91691 IFFAT ZULFIQAR 0.00 43,471.13 15,740.0001-91702 KHAWAJA MOHAMMAD IRSHAD 0.00 779.11 0.0001-91703 MUMTAZ BUTT 0.00 815.81 0.0001-91712 ISRAR UL HAQ 0.00 1,692.17 1,531.6001-91713 NAYYAR SULTANA 0.00 41,248.60 0.0001-91891 AHSAN ULLAH QAZI 0.00 210,369.52 110,100.0001-91910 MOHSINA IKRAM 0.00 671.40 532.8401-91994 SAJEEL QAISER VOHRA 0.00 4,772.98 4,000.0001-92013 SYED JAFAR ALI BUKHARI 472.45 0.00 0.0001-92019 MOHAMMAD MUBSHER IQBAL AWAN 0.00 22,954.85 0.0001-92027 ABID HUSSAIN 0.00 1,462.44 612.4401-92035 MOHAMMAD IKRAM TAHIR 0.00 477.46 408.7601-92043 SHAKEEL AHMAD 0.00 6,378.32 4,100.0001-92047 MANZOOR HUSSAIN 0.00 1,912.01 0.0001-92049 NIGHAT IQBAL 0.00 17,493.92 4,100.0001-92054 MOHAMMAD ASIF ASLAM 89.47 0.00 0.0001-92056 MOHAMMAD HUMAYUN 0.00 1,881.45 3,193.7801-92060 AHMAD HUMAYUN KHAN 0.00 2,736.80 0.0001-92075 ABDUL REHMAN 667.50 0.00 0.0001-92077 MOHAMMAD BASHIR 619.58 0.00 0.0001-92081 NAVEED IQBAL 1,423.72 0.00 0.0001-92090 EJAZ AHMAD SHEIKH 0.00 19,791.00 4,100.0001-92091 UZMA NAZLI 0.00 23,638.41 4,100.0001-92093 FAISAL SARWAR 0.00 2,040.67 0.0001-92094 MOHAMMAD BILAL AKRAM KHAN 0.00 197.74 0.0001-92097 MOHAMMAD ANWAR BEG 0.00 6,570.15 4,100.0001-92105 SHEIKH NADEEM ASLAM 0.00 90,312.58 9,883.3101-92106 RASHID MEHMOOD 684.93 0.00 0.0001-92114 MOHAMMAD ISHAQ 0.00 2,102.59 4,000.0001-92118 TAHIRA YASMIN 0.00 3,040.54 4,000.0001-92120 AFGHAN UD DIN 617.54 0.00 0.0001-92128 FARKHANDA JABEEN 0.00 7,986.04 4,146.0001-92130 TALAT FAROOQ 213.78 0.00 0.0001-92145 ZEENAT IQBAL 0.00 9,129.59 4,100.0001-92158 SYED MUHAMMAD AKMAL HUSSAIN 0.00 11,944.30 9,473.2501-92180 SOHAIL MUNIR BUTT 0.00 559.31 555.00

01-92185 DANISH IMRAN 0.00 41,268.50 29,981.1201-92190 RANA LIAQAT ALI 0.00 1,738.91 1,500.0001-92194 JAVED IQBAL 0.00 2,452.15 0.0001-92200 ISHRAT NASIM ANWAR 0.00 248,645.27 178,199.7401-92206 MOHAMMAD SARWAR 0.00 276.10 0.0001-92208 NAZAR HUSSAIN 792.71 0.00 0.0001-92211 KHURSHID MUZAMIL 0.00 141,379.11 141,356.7201-92228 SAEED AHMAD USMANI 0.00 25,104.51 4,100.0001-92233 SAGHIR AHMAD 0.00 15,135.13 0.0001-92234 NAHEED SAQIB 0.00 1,260.81 558.8901-92239 QASIM RAZA 242.20 0.00 0.0001-92242 HUMAIRA NAZ 0.00 2,178.31 2,016.0001-92243 GOHAR JAHAN 0.00 383.06 382.1501-92246 RIAZ ALI KHAN 0.00 1,671.94 0.0001-92250 CH. FAYYAZ AHMAD 0.00 48,585.53 4,100.0001-92265 SHAHID MEHMOOD 0.00 424.67 424.6701-92282 SABIR FAREED 0.00 851.06 1.0601-92283 NAEEM AHMAD 0.00 2,532.99 0.0001-92284 MOHAMMAD AZHAR 0.00 1,407.75 1,100.0001-92294 GHAZALA NASAR 0.00 983,682.58 800,035.8301-92326 MOHAMMAD JAVED IQBAL QURESHI 1,100.00 0.00 0.0001-92331 IMTIAZ ALI 0.00 9,414.45 4,100.0001-92332 SHAHID IQBAL 0.00 2,224.90 1,069.1801-92334 MUZAFFAR FAREED 0.00 69,143.85 60,500.5401-92335 ZULIFQAR HUSSAIN 0.00 34,554.81 0.0001-92336 SHAHZAD RANA 0.00 2,237.76 0.0001-92344 HAFIZ MUBSHER MAHMOOD NAVEED 1,458.96 0.00 0.0001-92348 FARID ISHRAT KHAN 0.00 9,462.91 5,543.0201-92355 MOHAMMAD UMER BAHADUR 0.00 14,743.80 0.0001-92360 ZAFAR IQBAL ANJUM 0.00 20,474.65 4,100.0001-92379 IFTIKHAR KHAN 0.00 72.17 0.0001-92383 RIAZ AHMAD 0.00 1,585.22 1,644.3201-92389 MOHAMMAD ASIF 0.00 775.42 0.0001-92399 TAJ TAIMUR 0.00 5,688.96 4,100.0001-92405 RAO ABDUL GHAFFAR KHAN 0.00 3,450.45 2,100.0001-92416 SAIRA ANDLEEB 0.00 3,075.38 2,100.0001-92423 MOHAMMAD IBRAHIM 0.00 3,388.44 0.0001-92427 ALI AHMAD QURESHI 0.00 18,963.34 8,660.0001-92429 SYED MOHAMMAD ZAHID 0.00 932.91 0.0001-92444 NAEEM AHMAD 0.00 1,862.96 0.0001-92445 MEHNAZ FARRUKH 0.00 46,676.21 43,167.2301-92459 SAMREEN TARIQ 700.00 0.00 0.0001-92463 MOHAMMAD FAROOQ ABID TUNG 2,481.24 0.00 0.0001-92465 MOHAMMAD YAMIN 463.78 0.00 0.0001-92467 TAHIR AFZAL QURESHI 363.93 0.00 0.0001-92488 MOHAMMAD AMIR RASHEED 0.00 11,716.60 4,100.0001-92490 ZAFAR-UL-ISLAM SIDDIQUE 0.00 445.93 3,150.0001-92522 MOHAMMAD FAROOQ BAIG 0.00 1,811.08 0.0001-92524 SHAHIDA RAFI 0.00 171,287.15 169,834.8401-92530 MOHAMMAD SHABBIR 0.00 13,319.12 15,650.0001-92532 BILAL SARWAR 0.00 46.56 0.0001-92534 MOHAMMAD AFZAL SAQIB 1,090.97 0.00 3,150.0001-92545 SYED ZUBAIR HUSSAIN BUKHARI 0.00 547.54 0.0001-92546 MOHAMMAD FAROOQ UMAR 0.00 143.25 0.0001-92552 KAUSAR YASMEEN 0.00 1,918.60 0.0001-92564 MOHAMMAD IBRAHIM K.REHMAN 0.00 5,892.88 0.0001-92572 IRFAN AHMED 0.00 1,141,371.23 437,532.6901-92574 ANIS ASGHAR 700.00 0.00 0.0001-92576 MOHAMMAD KHURRAM KHAN 0.00 6,374.69 4,100.00

01-92578 SYED SHUJA HASSAIN RIZVI 1,094.24 0.00 0.0001-92589 MOHAMMAD QAYYUM KHAN 0.00 16,489.16 4,100.0001-92593 AHSAN JAVED 0.00 28,337.50 4,962.3201-92596 MUZAFFAR MEHMOOD 532.92 0.00 0.0001-92601 FIRDOUS MAQBOOL 0.00 1,066.33 1,066.0001-92619 MOHAMMAD ASHFAQ 0.00 36,505.25 10,740.0001-92624 FAISAL UR REHMAN 0.00 3,002.48 2,086.5901-92626 IJAZ QADEER 0.00 5,512.59 4,100.0001-92629 FAZAL KARIM KHATTAK 0.00 14,642.86 0.0001-92632 SYED FAHEEM AHMAD 0.00 18,402.01 10,026.6501-92635 MUBASHER KARIM GORA 1,649.62 0.00 0.0001-92636 AWAIS SAQIB 0.00 386.83 0.0001-92656 MOHAMMAD SADIQ ALI SHAHID 0.00 3,937.27 3,900.0001-92657 FAROOQ AHMAD 0.00 1,907.99 0.0001-92665 CH. SHER MOHAMMAD 0.00 859.25 0.0001-92677 SHAHID MEHMOOD 0.00 3,743.52 0.0001-92681 KOHAT CEMENT COMPANY LIMITED 0.00 6,523.48 4,100.0001-92692 SYED GHULAM NIZAMUDIN SABRI 2,579.16 0.00 0.0001-92693 MOHAMMAD YASIN BHATTI 0.00 2,701.47 1,195.0001-92700 SYED FAYYAZ ALI KAZMI 0.00 6,953.82 4,100.0001-92702 MOHAMMAD AYUB 0.00 25.83 25.8301-92711 MOHAMMAD ASIF 0.00 31,284.56 30,435.9801-92722 MOHAMMAD JASEEM-UD-DIN 0.00 2,212.07 1,362.0701-92724 SHAHEENA ALMAS 1,261.67 0.00 0.0001-92728 ASIF JAVED 0.00 11,797.80 4,100.0001-92733 AMBREEN BUTT 0.00 2,796.86 1,100.0001-92739 KOUSAR AZEEM 0.00 41,757.19 0.0001-92768 TARIQ SAEED 153.47 0.00 0.0001-92781 ABDUL MUTALIB WARSI 0.00 2,016.08 1,166.0801-92783 MOHAMMAD AZAM 0.00 10,938.55 0.0001-92784 KHAWAJA MOHAMMAD IHSAN 0.00 7,530.02 3,570.0001-92793 KANWAR NUSRAT AQEEL 674.97 0.00 0.0001-92801 MOHAMMAD JAMIL 0.00 690.58 0.0001-92802 SHAHNAWAZ MEHMOOD 0.00 4,121.87 3,271.8701-92804 ALIA BANO 0.00 266,172.85 150,494.4901-92808 MOHAMMAD AKRAM 0.00 3,285.24 2,435.2401-92824 MUHAMMAD SAJJAD SARWAR 0.00 1,077.02 146.7101-92828 MIAN AJMAL HUSSAIN 0.00 2,968.09 0.0001-92830 ZAHIDA PARVEEN 1,015.96 0.00 0.0001-92832 AIMA AMER 380.36 0.00 0.0001-92835 AHMAD LATIF SHEIKH 0.00 1,585.26 735.0001-92837 NADEEM AHMAD 0.00 3,799.14 2,949.1401-92838 MOHAMMAD OSMAN CHEEMA 1,649.25 0.00 0.0001-92841 SHAHMIM MUSTANSAR 0.00 2,876.87 0.0001-92844 UMAR GHANI SIDDIQUI 0.00 8,541.25 4,100.0001-92849 SHABANA ASGHAR 0.00 540.09 0.0001-92862 SHEIKH MOHAMMAD SHAMSHAD 0.00 8,844.51 0.0001-92866 NOOR-UL-HUDA SHAUKAT AWAN 0.00 833.74 0.0001-92868 MOHAMMAD AWAIS 0.00 1,166.48 3,150.0001-92884 JAVED IQBAL 0.00 239.59 0.0001-92885 ZAHID HUSSAIN 0.00 1,141.43 3,150.0001-92887 MOHAMMAD HAROON NASEER 890.90 0.00 0.0001-92895 SHABANA SAGHIR 0.00 749.50 0.0001-92898 MOHAMMAD ASIF CHAUDHARY 37.65 0.00 3,150.0001-92910 CHAUDHRY MUHAMMAD JAVED 0.00 6,388.98 4,100.0001-92914 MUKHTAR HUSSAIN SHAH 0.00 372.01 0.0001-92920 MOHAMMAD SABIR 0.00 5,877.05 4,100.0001-92944 AHMED MAJEED 0.00 203,248.53 201,608.2201-92947 MUHAMMAD SALEEM AKHTAR 728.91 0.00 0.00

01-92948 KHAWAJA ABAD-UR-REHMAN 1,438.46 0.00 3,150.0001-92957 JAMSHED ZAFAR 0.00 274.28 0.0001-92961 MOHAMMAD SHABBIR-UR-REHMAN 0.00 6,234.97 4,100.0001-92982 SHAHID JAVED CHAUDHRY 0.00 54,835.44 51,798.1601-92984 MUHAMMAD AFZAAL 3,173.71 0.00 1,805.0001-92985 SAAD PERVAIZ LODHI 800.81 0.00 0.0001-92994 SHAMIM SHAHID 0.00 1,541.87 1,500.0001-93006 ABDUR REHMAN AKHTAR 0.00 216,848.51 0.0001-93024 NAZAR IQBAL 0.00 6,646.84 4,100.0001-93028 ARSHAD ALI 0.00 2,512.55 3,150.0001-93030 SYED MOHAMMAD ATHAR SHAH 1,767.25 0.00 0.0001-93033 NASIR ALI QURESHI 0.00 3,872.11 3,800.0001-93036 MOHAMMAD ASLAM 0.00 23,472.84 19,100.0001-93040 SHEIKH ATTI-UR-REHMAN TARIQ 0.00 9,629.13 5,153.2501-93042 NASEER AHMAD BHATTI 0.00 14,240.84 4,100.0001-93052 SHEIKH MUHAMMAD AKRAM 0.00 12,366.50 4,100.0001-93056 MOHAMMAD SALMAN 0.00 4,762.75 4,100.0001-93057 SHAHBAZ AHMED 0.00 8,920.73 4,100.0001-93059 KASHIF FAIZ 0.00 599.07 3,150.0001-93069 AHSAN-UL-HAQ 0.00 14,188.68 0.0001-93074 CH. MOHAMMAD KAMAL PASHA 0.00 846.16 100.0001-93076 SYED MOHAMMAD FAZAL ULLAH BUKHARI 14.00 0.00 0.0001-93083 TAHIRA SARWAR 0.00 38,230.92 22,930.0001-93088 KHALID RAFIQ 0.00 9,211.47 4,100.0001-93096 SYED REHAN HAIDER ZAIDI 0.00 10,146.66 4,100.0001-93105 NAEEM-UR-REHMAN DARD 0.00 7,602.64 4,100.0001-93119 MIAN ARIF ALI 1,305.02 0.00 0.0001-93125 SYED IFTIKHAR JAVED BUKHARI 0.00 806.18 0.0001-93129 AMIR BUTT 0.00 1,636.88 400.0001-93135 MIAN ZEESHAN SALEEM 0.00 3,366.12 3,200.0001-93140 HAMID HANIF 1,229.76 0.00 0.0001-93146 HAFIZ MOHAMMAD UBAID-ULLAH 0.00 4,570.34 4,570.3401-93151 TAHIR QUZAFFI 0.00 30,413.74 27,737.3101-93154 MOHAMMAD KHALID 0.00 2,174.13 0.0001-93158 MOHAMMAD SHAHID NAZIR 0.00 2,152.27 1,100.0001-93159 RAZA ALI AHMED CHISHTI 0.00 5,008.19 0.0001-93167 AZAZ AHMED RIAZ 0.00 13,459.01 0.0001-93168 MOHAMMAD MUSHTAQ 29.52 0.00 0.0001-93170 MARYAM FAYYAZ 1,509.80 0.00 0.0001-93172 NAVEED AKBAR 0.00 3,237.18 2,830.0001-93173 MUJTABA HASAN KAZMI 0.00 661.68 0.0001-93178 MOHAMMAD RAMZAN 778.22 0.00 0.0001-93184 RIFFAT KHALID 0.00 7,824.76 0.0001-93200 SAIF-UL-HAQ 0.00 4,359.11 0.0001-93203 HASEEB AHMAD 0.00 7,327.10 4,100.0001-93204 SYED ZAHOOR AHMAD 0.00 2,391.23 2,391.2301-93210 SAERA SUHAIL BUKHARI 0.00 8,383.97 4,100.0001-93211 CHAUDHRY ASIF ZAKARIA 0.00 5,704.43 2,775.1901-93212 GHULAM MUSTAFA 0.00 106,709.24 4,121.4601-93214 MOHAMMAD ASLAM 0.00 1,547.46 0.0001-93223 SYED IZHAR AHMAD BOKHARI 368.04 0.00 0.0001-93225 ZUBAIR KHALID 0.00 7,507.14 4,272.8501-93226 GHAZANFAR ALI 0.00 64,171.30 4,100.0001-93227 ZULFIQAR ALI 0.00 1,225.28 3,050.0001-93228 MUBASHAR SANA 0.00 2,193.14 0.0001-93229 USMAN ALI 0.00 56.54 0.0001-93234 MOHAMMAD MOHSIN ABBASI 2,244.00 0.00 597.5001-93240 SIKANDAR IQBAL 693.25 0.00 0.0001-93241 USMAN KHALIL PASHA 0.00 2,289.46 1,439.46

01-93242 RAHEELA KAUSAR 0.00 3,692.71 3,050.0001-93249 MOHAMMAD RAZA MALIK 809.73 0.00 0.0001-93258 ABDUL MATEEN 0.00 267.72 0.0001-93259 AGHA SHAHID AHMAD KHAN 0.00 8,789.81 4,100.0001-93260 MOHAMMAD AFAAQ AGHA 0.00 5,131.61 5,130.6501-93261 YASSAR SALEEM KHAN 0.00 739.69 99.0001-93262 MOHAMMAD IRFAN 0.00 1,940.27 1,100.0001-93295 IQBAL ELLAHI 0.00 2,065.57 100.0001-93389 RIFFAT TAUQIR 0.00 19,450.05 0.0001-93391 FAIZ MOHAMMAD NIAZI 0.00 1,220.96 0.0001-93392 IMRAN MUNIR 413.54 0.00 0.0001-93393 HASSAN KHALIL QAZI 0.00 7,082.58 4,100.0001-93395 IBRAHIM TANSEER SHEIKH 0.00 20,258.83 0.0001-93396 MOHAMMAD ATTA TANSEER SHEIKH 0.00 55,664.43 34,721.7401-93397 MUJTABA TANSEER 0.00 30,275.93 21,828.3101-93398 SHAHNAZ AIZAZ 0.00 5,971.70 4,100.0001-93399 YASMIN BASHIR 0.00 1,351.20 0.0001-93406 ANDLEEB SULTANAH 216.60 0.00 3,050.0001-93412 SARDAR SHAHBAZ ALI KHAN KHOSA 0.00 5,557,620.71 5,199,948.7001-93414 MUHAMMAD AMMAR SUHAIL 0.00 2,647.22 2,100.0001-93416 JAFFAR SADIQ 401.95 0.00 3,050.0001-93418 ADNAN YOUNUS 1,052.85 0.00 3,150.0001-93421 NOREEN ZAKARIA 1,192.19 0.00 0.0001-93422 NUZHAT ZAKARIA 0.00 1,183.78 1,100.0001-93425 MASOOD AZIZ RAJA 0.00 6,866.38 3,407.0001-93429 ALI AIZAZ SHEIKH 0.00 2,574.24 1,000.0001-93430 MOHAMMAD REHMAN SHEIKH 0.00 31.83 0.0001-93434 SAMINA AFZAL KAYANI 0.00 3,389,189.22 1,605,656.2901-93436 MEHREEN TAHIR 0.00 20,803.32 8,565.3601-93539 MOHAMMAD SAEED BUTT 0.00 12,127.68 11,923.6901-93584 NAZIR AHMAD 0.00 126.72 0.0001-93588 SH. NASRULLAH MUSHTAQ A/C HBL 0.00 4,276.06 0.0001-93589 ABDUL HAFEEZ 4,208.99 0.00 0.0001-93590 MOHAMMAD FAYYAZ 0.00 17,182.16 14,798.0001-93591 ANJUM ASLAM 0.00 7,535.73 0.0001-93592 MANSUR AHMAD SHEIKH 0.00 3,185.95 3,050.0001-93593 ASAD IQBAL 0.00 10,200.89 4,100.0001-93594 ANSAR JAVED 0.00 581,901.24 492,772.5701-93596 SYED ZAWAR HUSSAIN SHIRAZI 0.00 83,218.47 4,100.0001-93598 SYED ANSAR RAZA SHAH 408.57 0.00 0.0001-93599 MOHAMMAD AMJAD AZIZ 0.00 738.50 0.0001-93600 MOHAMMAD IMRAN IQBAL 0.00 4,000.00 0.0001-93601 GULL HUSSAIN 0.00 738.50 0.0001-93602 SHAHRUKH TAIMUR 0.00 14,297.98 4,100.0001-93605 IMRAN JALIL 288.24 0.00 3,050.0001-93606 MOHAMMAD IBRAHIM 1,872.35 0.00 0.0001-93609 SULEMAN SHAHID 393.27 0.00 3,050.0001-93611 SHUBNUM JAVED 0.00 132,528.61 66,386.2501-93612 PERVEZ AKBAR LODHI 0.00 41,328.59 13,877.8001-93619 ILYAS AHMAD SHEIKH 0.00 18,913.92 4,095.9001-93620 MUHAMMAD TURAB GHANI 166.98 0.00 0.0001-93621 MOHAMMAD SAKHI SARWAR 0.00 1,780.39 853.0001-93623 NADEEM BABAR KHAN 76.18 0.00 0.0001-93625 MOHAMMAD ARSHAD AHMAD 0.00 5,423.04 4,263.7301-93628 MOHAMMAD LATIF ATIF 0.00 4,168.85 4,100.0001-93629 MOHAMMAD TANVEER CHAUDHRY 0.00 121,538.83 79,257.9201-93630 SAMIA PERVEZ 0.00 21,965.52 13,877.8001-93634 MUJAHID ZULFIQAR AKHTAR 0.00 57,112.29 0.0001-93637 TASNEEM ANJUM 0.00 2,122.90 891.82

01-93639 HAFSA NADEEM 622.14 0.00 0.0001-93641 MOHAMMAD JAMIL 0.00 897.33 0.0001-93643 ABDUL WAHEED AHMAD 925.92 0.00 3,050.0001-93644 PERVEEN QUDDOOS 0.00 7,395.87 2,842.2001-93645 JAVED AHMED 0.00 972.88 3,050.0001-93647 NIGHAT MUJEEB 103.16 0.00 0.0001-93649 MOHAMMAD SAAD SADIQ 0.00 13,379.63 4,100.0001-93650 HASEEB AHMAD 0.00 379.02 0.0001-93651 JAMSHAIDA KHALID 0.00 178,357.74 165,054.0001-93652 SYED ZEESHAN ALI SHAH 0.00 107,671.25 4,100.0001-93654 MOHAMMAD TUFAIL 0.00 4,083.43 4,000.0001-93657 AHMED SALAHUDDIN OSMAN 0.00 7,454.79 4,100.0001-93658 ANS CAPITAL (PVT) LTD. 0.00 4,116.67 4,100.0001-93659 AHMAD JALAL NAWAZ RANA 345.11 0.00 0.0001-93660 ARIF JAVED 0.00 21,212.54 20,306.0001-93663 MAHREEN FAHAD 0.00 1,431.21 0.0001-93665 SHERAZ REHMAT ULLAH 0.00 10,168.94 4,100.0001-93666 MOHAMMAD RAMZAN 0.00 1,285.80 0.0001-93668 AMIN HASHIM 0.00 12,682.83 4,100.0001-93670 MOHAMMAD SAEED 0.00 3,226.56 0.0001-93673 HUMMAYOON NASIR 0.00 30,295.53 8,139.0001-93675 ADNAN IRFAN ABBASI 0.00 3,202.87 0.0001-93676 MUHAMMAD USMAN AKMAL HAQ 0.00 5,202.41 4,100.0001-93679 SIKNDAR MAQBOOL 527.01 0.00 3,050.0001-93680 AMMAD SAFDAR 0.00 6,012.07 4,100.0001-93687 MOHAMMAD SALEEM AN-UL-HAQ 2,163.70 0.00 0.0001-93690 SYED AJAZ-UL-HASSAN 0.00 2,749.33 0.0001-93692 FARHANA HASHIM 1,851.70 0.00 3,050.0001-93694 MAHMOOD LATIF 0.00 5,169.60 4,649.3201-93695 MOHAMMAD IFTIKHAR HUSSAIN 0.00 47,030.91 33,208.1301-93697 ARSHAD MAHMOOD 0.00 1,581.26 2,592.0001-93699 MOHAMMAD ISHAQ 0.00 13,710.17 4,100.0001-93700 FARZANA SOHAIL 0.00 2,399.65 0.0001-93701 AZEEM ASHRAF 3.70 0.00 0.0001-93702 RIAZ AHMAD KHAN 0.00 828.40 0.0001-93709 BABAR ALI 0.00 4,488.59 4,252.9301-93710 SYED MUBASHER IJAZ 0.00 3,815.58 3,050.0001-93711 KHURRAM SHAHZAD 0.00 1,513.12 3,050.0001-93714 HAIDER ALI ANWAR 553.70 0.00 3,050.0001-93715 KHURAM JAVED 0.00 9,509.59 4,110.0001-93718 ATIQ ANWAR MALIK 776.78 0.00 3,050.0001-93720 MUHAMMAD OWAIS KAIRAN RAHMANI 0.00 9,205.28 4,100.0001-93721 MUHAMMAD TAUSIF PARACHA 0.00 5,428.75 4,100.0001-93722 SYYED MOHAMMED JAWAID IQBAL JAFREE 0.00 1,346.30 3,050.0001-93723 TAFAZZAL ABBAS 0.00 851.30 3,050.0001-93724 SHABANA YAQUB 1,553.24 0.00 2,270.4601-93725 MIAN RASHID IQBAL 0.00 15,361.64 11,382.2401-93727 IMRAN LATIF 0.00 5,348.28 4,901.4501-93728 NADEEM ASGHAR 0.00 1,724.62 1,696.0301-93729 IMRAN YOUNAS 68.18 0.00 3,050.0001-93730 SHAZIA SAIF 0.00 4,168.67 0.0001-93732 MOHAMMAD SHAHID 0.00 564.84 0.0001-93735 ABDUL HAMID TABASSUM 0.00 5,258.72 4,100.0001-93736 KHALID PARVAIZ 0.00 11,803.76 11,803.7601-93737 JAVED HUSSAIN 0.00 55,865.78 44,014.8301-93744 AHMAD SHOAIB 0.00 10,739.90 10,751.1501-93746 ZAMAR NAUMAN 0.00 45,080.21 412.8501-93747 IFTIKHAR HUSSAIN 0.00 32,716.04 0.0001-93749 MUHAMMAD SHAFI 0.00 2,752.87 3,050.00

01-93750 SULMAN SHAHID 0.00 13,021.96 0.0001-93751 SAQIB SHAMIM 0.00 158,463.08 122,070.5101-93754 AFIFA TAHIR 0.00 79.15 1,180.0001-93755 ASRAR AHMAD 3,115.47 0.00 0.0001-93757 MOHAMMAD IRSHAD 0.00 1,720.34 3,050.0001-93758 MUSSARAT JEHANZEB 0.00 81.03 0.0001-93759 YASMIN TAHIRA 0.00 494.57 3,050.0001-93761 MUHAMMAD AKRAM KHAN 0.00 63,147.53 27,185.2301-93762 MUHAMMAD IQBAL PERVAIZ 0.00 4,733.28 4,100.0001-93763 SHAHZAD KHURRAM 0.00 3,544.89 631.1801-93766 EHTISHAM FATIMA SHIRAZI 0.00 24,138.07 4,100.0001-93767 FAISAL ATTA SHEIKH 0.00 34,769.34 10,717.8001-93768 KHURRAM SHAHZAD 0.00 1,408.50 3,050.0001-93770 SYEDA SHAHZADI ZEENAT 0.00 6,452.37 4,100.0001-93771 MUHAMMAD UMAIS GHANI 0.00 3,226.50 1,026.8501-93772 KASHIF RAHMAN 0.00 25,562.42 0.0001-93773 NAZIR AHMAD 0.00 5,120.63 2,841.9401-93775 KASIM JAVED 0.00 3,882.50 3,050.0001-93776 TAUSEEF AKRAM QURESHI 0.00 11,471.47 11,471.4701-93777 ISRAR-UL-HAQUE 0.00 245,448.76 24,100.0001-93778 OBAID ULLAH 0.00 123,882.50 21,840.0001-93779 HINA ISMAIL 0.00 4,391.75 4,100.0001-93780 NASIMA YUSUF 0.00 250.63 0.0001-93781 MIAN NAZIM RAMZAN 0.00 38,320.26 0.0001-93782 SAEED AHMAD PIRACHA 0.00 16,576.40 16,170.2301-93783 GHAZALA AHMAD 0.00 71,660.84 0.0001-93784 WAHEED SHAHZAD BUTT 0.00 61,732.14 4,100.0001-93785 MATEE-UR-REHMAN QURESHI HASHMI 0.00 10,084.50 1,085.0601-93786 MAZHAR AHMED 0.00 5,000.66 4,100.0001-93787 MUHAMMAD ALI SIDDIQUI 165.00 0.00 0.0001-93788 MUHAMMAD KASHIF RASHEED 165.00 0.00 3,050.0001-93789 FARHAN NAEEM 0.00 8,147.44 4,100.0001-93790 NATASHA DAULTANA 0.00 76,509.84 4,100.0001-93791 ABDUL MUQEET 0.00 1,704.89 4,000.0001-93792 QASIM WAQAR 600.00 0.00 0.0001-93794 FARHAN SHAFIQ 0.00 2,969.81 4,000.0001-93796 PARVEEN A BUTT 0.00 19,954.55 3,550.0001-93798 MIAN MUHAMMAD IQBAL 0.00 3,979.58 4,000.0001-93800 MOHAMMAD AMIR 0.00 85,555.65 84,693.8901-93801 TAYYAB IKRAM BUTT 0.00 10,810.71 4,100.0001-93803 PERVEEN AKHTAR 0.00 1,272.11 1,272.1101-93804 SHER ALI KHAN 0.00 1,075.00 1,080.0001-93805 ZAKA ULLAH KHAN 0.00 2,509.59 0.0001-93807 IRFAN AHMED KHAN 0.00 14,570.74 11,100.0001-93808 MUHAMMAD ATHAR 2,381.78 0.00 4,000.0001-93809 MEHAK JAVAID IQBAL 632.29 0.00 0.0001-93810 MAHMOOD ALAM MIAN 146.40 0.00 4,000.0001-93811 ABDUL LATIF BUTT 356.11 0.00 0.0001-93812 KHADEEJA TAHIR 0.00 16,616.58 8,530.3601-93815 SAIQA SALEEM 0.00 1,275.00 4,000.0001-93816 MUKHTAR AHMAD JAVED 0.00 324,473.02 321,359.8001-93817 ASSAD ULLAH 0.00 315,797.15 307,983.4001-93818 IJAZ AHMED 0.00 12,945.62 12,945.6201-93819 SHAHID KHAN 0.00 4,395.99 2,838.7001-93822 KHALIDA PARVEEN 0.00 20,676.66 4,100.0001-93824 ZUBAIDA KHATOON 0.00 294,643.84 289,222.0701-93825 MALIK WAQAR AHMED 0.00 13,518.73 4,100.0001-93826 HAFIZ MOHAMMAD IMTIAZ 642.28 0.00 740.0001-93828 ZAHID RASHID 0.00 10,554.21 0.00

01-93829 ZAHID NAZIR 0.00 46,111.96 21,655.3801-93830 SAMINA KHALID 500.00 0.00 0.0001-93831 BEGUM RASHIDA ELAHI 0.00 275.24 0.0001-93834 MUHAMMAD SHAFIQ 0.00 8,506.54 6,495.0001-93835 SHEIKH MUHAMMAD SOHAIL 0.00 4,346.65 4,346.6501-93836 SAIF-UR-REHMAN 0.00 18,842.72 17,100.0001-93837 MUHAMMAD SALEEM 0.00 984.00 0.0001-93838 HAMZA NADEEM 0.00 5,766.51 3,623.1101-93839 MUHAMMAD AMJAD KHAN 0.00 291.55 291.5501-93841 AASMA NAUMAN 0.00 577,699.33 575,393.0401-93842 MUHAMMAD SHABIR MALIK 0.00 77,025.28 28,100.0001-93843 JEHANZEB AHMAD 0.00 5,684.00 3,236.0201-93844 RASHID HAFEEZ SHEIKH 0.00 2,550.00 2,703.6801-93845 HAMMAD TAJ 0.00 1,737,456.48 1,689,747.4301-93846 MAHMOOD ALI RIAZ 0.00 2,480.00 2,480.0001-93847 AFZAL NAU BAHAR KAYANI 0.00 8,642,268.49 7,278,780.1501-93848 ANWAR SULTANA 0.00 162,566.12 142,376.5901-93849 QASIM WAQAR 0.00 15,939.54 15,939.5401-93850 MUHAMMAD ASLAM TABUSSUM 0.00 8,400.00 6,059.4301-93851 MUHAMMAD QAMAR-UZ-ZAMAN BHATTI 0.00 0.00 0.0001-93853 MUHAMMAD NADEEM ASLAM 0.00 0.00 0.0001-93854 ABDUL WAHEED 0.00 0.00 311.4201-93855 FAIZAN AMJAD 0.00 0.00 0.0001-93856 TANZEEL-UR-RAHMAN 0.00 0.00 1,295.0001-93857 ALI AHSAN ASHRAF 0.00 0.00 0.0001-93858 MUHAMMAD ASHRAF 0.00 0.00 0.0001-93859 ALI RAZA 0.00 0.00 0.0001-93860 MUHAMMAD IMRAN SHAHZAD 0.00 0.00 0.0001-93861 MUHAMMAD JAVED BUTT 0.00 0.00 445.0001-93862 KOHAT CEMENT CO.LTD EMPLOYEES PROVIDENT FUND TRUST0.00 0.00 0.0001-93863 SHAHZAD AHMAD 0.00 0.00 0.0001-93864 SALMAN IRFAN ABBASI 0.00 0.00 0.0001-94674 MOHAMMAD IFZAL 0.00 8,010.22 7,897.7901-97779 SAMAIRA ZIA 175.15 0.00 0.0001-99043 JEHANZEB AHMAD 0.00 5,076.75 5,076.7501-99075 HUMAYUN YAQOOB 0.00 693.35 0.0001-99138 MOHAMMAD ARSHAD KHAN 0.00 4,291.30 584.7501-99178 MOHAMMAD NAEEM SHAH 0.00 10,422.66 4,100.0001-99199 MOHAMMAD ISHFAQ 0.00 2,217.70 4,000.0001-99208 NUMAN HAMEED 0.00 39,565.46 37,860.0601-99211 SYED NAFEES ABBAS ZAIDI 0.00 6,016.50 4,100.0001-99315 SYED ZAHID HASAN 0.00 109,561.93 83,456.4801-99594 SANA YASMIN NASIR 0.00 40,643.43 25,740.0001-99896 SHAHJHAN ALI 0.00 5,176.69 4,197.6201-99999 ALI JAVED 0.00 84.02 0.0001-ODDNCSSODDNCSS 1,042,511.00 0.00 290,963.25

CLIENTS 8,461,403.76 34,606,255.42 26,024,914.59

02-52132 INVESTMENT ON SHARES HOLDING 41,367,900.00 0.00 0.00INVESTEMENT 41,367,900.00 0.00 0.00

03-11015 SUNDRY DEBITORS 86.97 0.00 0.00ADVANCES, REPAYEMENTS & OTHER RECEIABLES 86.97 0.00 0.00

04-10201 BIPL-207200000510201-JISPL-PLS 24,021.69 0.00 0.0004-1208 BAFL CD-00481003375235-JISPL-1208 375.00 0.00 0.0004-1235 CASH IN HAND 0.00 0.67 0.0004-178-7 MCB PLS-LSE 1392-0301000178-7-JISPL 29,872.54 0.00 0.0004-3405 HBL-OFFICE- 08660034057103-JISPL 186,115.08 0.00 0.00

04-5673 BIPL-KASB CD-LSE 0021-105673-001-JISPL 430.00 0.00 0.0004-62780 HBL-CLIENTS- 08660006278001-JISPL-PLS 26,531,082.22 0.00 0.0004-9003 HBL-CLIENTS- 08667900179003-JISPL-FREEDOM 26,000.00 0.00 580.0004-9421 BIPL-KASB PLS-LSE 0021-105673-116-JISPL-9421 749.21 0.00 0.00

CASH & BANK BALANCES 26,798,645.74 0.67 580.00

01-52119 ACCUM. DEPRC. ON OFFICE EQUIPMENTS 0.00 1,341,237.00 0.0001-52124 ACCUM. DEPRC. ON FURNITURE & FIXTURE 0.00 408,293.00 0.0001-52125 ACCUM. DEPRC. ON MOTOR & VEHICLES 0.00 528,150.00 0.0001-52128 ACCUM. DEPRC. ON COMPUTER EQUIPMENT 0.00 2,411,578.00 0.0001-91221 LEAS HOLD PROPERTY 22,000,000.00 0.00 0.0001-91222 OFFICE EQUIPMENTS 1,425,943.00 0.00 35,660.0001-91223 FURNITURE & FIXTURES 490,185.00 0.00 0.0001-91224 MOTOR & VEHICLES 642,935.00 0.00 67,500.0001-91232 COMPUTER EQUIPMENTS 3,992,468.00 0.00 625,647.00

PROPERTY PLANT & EQUIPMENTS 28,551,531.00 4,689,258.00 728,807.00

02-51222 LSE SHARES 14,887,384.00 0.00 0.0002-91226 LSE - TREC 5,100,000.00 0.00 0.00

LSE MEMBERSHIP CARD FEE 19,987,384.00 0.00 0.00

03-91118 NCSS SECURITY DEPOSITS (SETTL. TERMINAL) 400,000.00 0.00 0.0003-91119 EXPOSURE DEPOSIT TO LSE 80,000.00 0.00 0.0003-91228 SECURITY DEPOSIT LSE CLEARING HOUSE 20,000.00 0.00 0.0003-91229 CDC SECURITY DEPOSIT 100,000.00 0.00 0.0003-91230 ADVANCE FOR BUILDING NEW TOWER 100,000.00 0.00 0.0003-93215 NCSS SECURITY DEPOSITS (BTB) 100,000.00 0.00 0.00

LONGTERM DEPOSITS 800,000.00 0.00 0.00

01-52120 ACCUMLATED AMORTIZATION PRELIMINARY EXP. 0.00 90,000.00 0.0001-91225 PRELIMINARY EXPENCES 90,000.00 0.00 0.00

PRELIMINARY EXPENCES 90,000.00 90,000.00 0.00

01-52127 ACCUMLATED AMORTIZATION PRE-OPER. EXPENSES 0.00 22,428.00 0.0001-91227 PRE - OPERATIONAL EXPENCES 22,426.98 0.00 0.00

PRE COMMENCEMENT EXPENDITURE 22,426.98 22,428.00 0.00

01-KA001 LSE COMMISSION 0.00 0.00 0.00COMMISION INCOME 0.00 0.00 0.00

02-5318 DIVIDEND INCOME 0.00 0.00 0.0002-91213 PROFIT ON BANK A/C (INTEREST) 0.00 0.00 0.00

OTHER INCOME 0.00 0.00 0.00

03-5319 EXPENCES RECOVERED 0.00 0.00 0.00EXPENCES RECOVERED 0.00 0.00 0.00

01-52112 DIRECTOR REMUNERATION 0.00 0.00 1,516,600.00DIRECTOR REMUNERATION 0.00 0.00 1,516,600.00

02-52111 STAFF SALARIES 0.00 0.00 3,469,100.0002-52121 RENT COLLECTION CHARGES 0.00 0.00 0.00

STAFF SALARIES 0.00 0.00 3,469,100.00

03-5312 SECP FEE (.00065%) 0.00 0.00 356.00KITS Charges

03-CHF CLEARING HOUSE FEE 0.00 0.00 1,530.0003-IPF INVESTOR PROT. FUND 0.00 0.00 368.00

LSE CHARGES 0.00 0.00 2,254.00

04-1115 CENTRAL DEPOSITORY COMPANY OF PAKISTAN LIMITED 0.00 0.00 354,547.00CDC CHARGES 0.00 0.00 354,547.00

05-11051 WATER BILL (BRANCH OFFICE) 0.00 0.00 12,960.0005-1119 ELECTRICITY CHARGES (HEAD OFFICE) 0.00 0.00 241,302.0005-51001 SUI GAS CHARGES (BRANCH OFFICE) 0.00 0.00 58,314.0005-5211 ELECTRICITY CHARGES (BRANCH OFFICE) 0.00 0.00 205,636.00

UTILITES 0.00 0.00 518,212.00

06-1236 PROFESSIONAL TAX 0.00 0.00 20,400.0006-1238 PROPERTY TAX 0.00 0.00 10,169.00

RENT RATES & TAXES 0.00 0.00 30,569.00

07-50102 SECP ANNUAL BROKER FEE 0.00 0.00 61,025.0007-50105 FEE & SUBSCRIPTION 0.00 0.00 25,510.0007-5104 INTERNET LINE FEE 0.00 0.00 19,999.00

FEE & SUBCRITPTION 0.00 0.00 106,534.00

08-11515 COMPUTER MAINTENENCE EXPENCE 0.00 0.00 247,870.0008-11517 BACKOFFICE MAINTENENCE 0.00 0.00 15,000.0008-11518 WEB HOSTING MAINTENCE 0.00 0.00 276,477.0008-5203 OFFICE REPAIR & MAINTENENCE 0.00 0.00 803,165.0008-5204 OFFICE REPAIR & MAINTENENCE -312 0.00 0.00 104,464.00

REPAIR & MAINTENENCE 0.00 0.00 1,446,976.00

09-50151 PETROL EXPENCES 0.00 0.00 283,000.0009-52031 MOTOR & VEHICLE EXPENCE 0.00 0.00 145,730.00

VEHICLE RUNNING & MAINTENENCE 0.00 0.00 428,730.00

10-11012 MOBILINK PMCL 0.00 0.00 190,546.0010-11014 WARID TELECOM - 0321-8446222 0.00 0.00 29,382.0010-11015 ZONG -0317-0497078-03124571470 0.00 0.00 67,200.0010-5210 LEOPARD COURIER SERVICE 0.00 0.00 9,822.0010-5212 TELEPHONE (HEAD OFFICE) 0.00 0.00 288,594.0010-5213 TELEPHONE (BRANCH OFFICE) 0.00 0.00 128,947.0010-5217 SHARES TRANSFER STAMP 0.00 0.00 91,100.00

TELEPHONE, MOBILE & POSTAGE 0.00 0.00 805,591.00

11-11011 ENTERTAINMENT 0.00 0.00 529,236.00ENTERTAINMENT 0.00 0.00 529,236.00

13-50152 PHOTO COPY CHARGES 0.00 0.00 9,770.0013-5227 PRINTING & SATIONERY 0.00 0.00 552,574.00

PRINTING & STATIONERY 0.00 0.00 562,344.00

14-5100 NEWS PAPER EXPENCES 0.00 0.00 19,879.00NEWS PAPER AND PERIODICALS 0.00 0.00 19,879.00

15-53101 LEGAL ADVISOR'S RETENTION 0.00 0.00 16,500.00LEGAL & PROFESSIONAL CHARGES 0.00 0.00 16,500.00

17-52011 OFFICE EXPENCES 0.00 0.00 828,979.0017-52012 STROM FIBER 0.00 0.00 23,728.00

OFFICE EXPENCES 0.00 0.00 852,707.00

21-11519 COMPUTER SOFTWARE EXPENCE 0.00 0.00 266,996.00

SOFTWARE EXPENCE 0.00 0.00 266,996.00

01-91387 MARKUP ON OD ACCOUNT 0.00 0.00 32,327.18BANK MARK-UP CHARGES 0.00 0.00 32,327.18

03-91214 BANK CHARGES 0.00 0.00 21,125.22BANK CHARGES 0.00 0.00 21,125.22

Total: 128,078,920 128,078,920 39,852,012

Credits DB Balance CR Balance

0.00 0.00 10,000,000.000.00 0.00 10,000,000.00

0.00 0.00 49,503,432.260.00 0.00 49,503,432.26

0.00 0.00 22,818,784.000.00 0.00 22,818,784.00

955,413.00 0.00 5,317,804.00955,413.00 0.00 5,317,804.00

0.00 0.00 0.000.00 0.00 0.00

840,387.11 0.00 838,887.11840,387.11 0.00 838,887.11

0.00 0.00 0.000.00 0.00 0.000.00 0.00 0.00

0.00 1,030,939.84 0.000.00 1,030,939.84 0.00

0.00 178,046.00 0.000.00 154,800.00 0.000.00 73,896.80 0.000.00 406,742.80 0.00

0.00 215,656.41 0.000.00 215,656.41 0.00

0.00 42,447.92 0.000.00 42,447.92 0.00

0.00 237,668.00 0.000.00 273,155.00 0.00 1,997,631.56 0.00 208,978.41 0.000.00 510,823.00 0.00

0.00 - 0.000.00 0.00 0.00

0.00 0.00 737,620.000.00 0.00 737,620.00

0.00 55,535.00 0.00

0.00 55,535.00 0.00

325.46 0.00 33.370.00 19,667.65 0.00

52,412.28 0.00 0.020.00 202,962.62 0.00

156,430.29 0.00 0.29164,838.39 0.00 0.39

0.00 117.61 0.000.00 0.00 1,667.90

374,006.42 222,747.88 1,701.97

0.00 0.00 853.310.00 0.00 67,401.870.00 0.00 4.540.00 0.00 5,337.17

42,081.52 0.00 62,043.730.00 0.00 614.76

19,196.00 0.00 22,112.760.00 0.00 25,937.390.00 0.00 2,683.46

3,070.30 0.00 4,536.20900.00 0.00 393.55

0.00 0.00 2,221.230.00 0.00 6,903.070.00 0.00 0.000.00 0.00 27,118.290.00 0.00 5,035.37

952.86 0.00 2,849.360.00 0.00 4,499.680.00 0.00 94,935.590.00 0.00 3,467.77

5,474.11 0.00 7,819.360.00 0.00 775.49

281,356.53 0.00 295,402.960.00 0.00 2,913.910.00 0.00 868.000.00 0.00 625.21

6,100.00 0.00 5,560.1233,232.22 0.00 36,186.33

0.00 0.00 1,613.51278.79 0.00 0.00

0.00 0.00 890.86750.00 0.00 691.20

0.00 2,032.58 0.000.00 0.00 1,946.480.00 0.00 93.240.00 0.00 679.00

10,095.20 0.00 8,262.690.00 0.00 6,906.560.00 0.00 857.73

11,589,455.88 0.00 4,253,229.680.00 0.00 293.350.00 0.00 7,474.49

22,023.43 0.00 74,197.450.00 0.00 665.870.00 0.00 13,004.44

135,158.11 0.00 156,141.070.00 0.00 3,102.23

0.00 0.00 0.000.00 0.00 5,952.590.00 0.00 744.00

705.29 0.00 105.700.00 0.00 94,796.980.00 0.00 63,841.27

205,927.35 0.00 209,810.530.00 0.00 0.000.00 0.00 474.020.00 0.00 56,723.80

189,505.16 0.00 191,501.90163.54 0.00 101.35

0.00 0.00 4,171.010.00 0.00 2,414.62

719.66 0.00 850.000.00 0.00 8,737.76

1,423.82 0.00 2,897.360.00 0.00 4,728.090.00 0.00 871.07

8,160.32 0.00 9,981.6438,057.85 0.00 37,885.57

0.00 0.00 5,083.280.00 0.00 18,638.930.00 0.00 4.880.00 0.00 5,810.06

900.00 0.00 220.5326,533.45 0.00 39,250.36

3,880.70 0.00 3,255.770.00 0.00 3,074.770.00 581.31 0.000.00 0.00 401.410.00 0.00 8,470.460.00 0.00 15,287.000.00 0.00 37,303.760.00 86.53 0.000.00 0.00 13,307.170.00 0.00 15,258.26

816.82 0.00 170.730.00 0.00 8,296.860.00 0.00 1,077.300.00 0.00 45,469.230.00 0.00 1,069.450.00 0.00 179,129.170.00 0.00 7,154.760.00 162.02 0.000.00 0.00 12,668.85

27,335.48 0.00 40,672.490.00 0.00 4,308.740.00 0.00 1,515.020.00 0.00 8,778.350.00 0.00 5,044.05

1,046.32 0.00 850.000.00 0.00 11,358.580.00 0.00 4.79

3,928.89 0.00 5,714.440.00 0.00 641.410.00 0.00 9,994.450.00 0.00 3,078.71

21,932.26 0.00 20,994.10

0.00 0.00 3,378.730.00 0.00 1,528.280.00 0.00 558.15

3,952.00 0.00 2,636.024,530.87 0.00 3,982.29

26,780.00 0.00 27,293.100.00 0.00 3,169.15

462.00 0.00 230.850.00 0.00 979.37

900.00 0.00 184.430.00 0.00 2,709.510.00 0.00 215.24

278.84 0.00 147.780.00 0.00 47,838.010.00 0.00 4,322.40

900.00 0.00 3,029.810.00 0.00 2,570.300.00 0.00 0.000.00 0.00 29.170.00 0.00 1,870.920.00 3,577.51 0.000.00 0.00 233.89

5,576,115.40 0.00 5,584,164.040.00 0.00 27,731.13

1,522.80 0.00 2,301.911,518.80 0.00 2,334.61

0.00 0.00 160.5717,351.56 0.00 58,600.16

0.00 0.00 100,269.520.00 0.00 138.560.00 0.00 772.98

1,300.00 0.00 827.5513,576.28 0.00 36,531.13

0.00 0.00 850.000.00 0.00 68.700.00 0.00 2,278.32

3,542.00 0.00 5,454.010.00 0.00 13,393.92

900.00 0.00 810.530.00 1,312.33 0.00

7,791.58 0.00 10,528.388,476.00 0.00 7,808.50

619.58 0.00 0.001,423.72 0.00 0.00

0.00 0.00 15,691.000.00 0.00 19,538.41

900.00 0.00 2,940.67700.00 0.00 897.74

0.00 0.00 2,470.150.00 0.00 80,429.27

3,900.00 0.00 3,215.070.00 1,897.41 0.000.00 959.46 0.00

1,802.00 0.00 1,184.460.00 0.00 3,840.04

243.84 0.00 30.060.00 0.00 5,029.590.00 0.00 2,471.050.00 0.00 4.31

0.00 0.00 11,287.380.00 0.00 238.91

1,000.00 0.00 3,452.150.00 0.00 70,445.53

2,665.61 0.00 2,941.713,307.98 0.00 2,515.27

0.00 0.00 22.390.00 0.00 21,004.51

27,655.07 0.00 42,790.200.00 0.00 701.92

1,564.18 0.00 1,321.980.00 0.00 162.310.00 0.00 0.910.00 0.00 1,671.940.00 0.00 44,485.530.00 0.00 0.000.00 0.00 850.00

640.00 0.00 3,172.990.00 0.00 307.750.00 0.00 183,646.75

1,100.00 0.00 0.000.00 0.00 5,314.450.00 0.00 1,155.720.00 0.00 8,643.31

20,996.97 0.00 55,551.780.00 0.00 2,237.76

2,308.96 0.00 850.000.00 0.00 3,919.89

1,938.01 0.00 16,681.810.00 0.00 16,374.650.00 0.00 72.170.00 59.10 0.00

7,167.00 0.00 7,942.420.00 0.00 1,588.960.00 0.00 1,350.450.00 0.00 975.38

2,092.00 0.00 5,480.440.00 0.00 10,303.34

2,044.92 0.00 2,977.832,092.00 0.00 3,954.96

0.00 0.00 3,508.98700.00 0.00 0.00

5,657.36 0.00 3,176.12900.00 0.00 436.22

1,841.16 0.00 1,477.230.00 0.00 7,616.600.00 2,704.07 0.00

7,603.94 0.00 9,415.020.00 0.00 1,452.310.00 2,330.88 0.000.00 0.00 46.560.00 4,240.97 0.00

14,153.15 0.00 14,700.69356.75 0.00 500.00

1,611.48 0.00 3,530.0819,825.31 0.00 25,718.19

0.00 0.00 703,838.54700.00 0.00 0.00

0.00 0.00 2,274.69

1,182.00 0.00 87.760.00 0.00 12,389.160.00 0.00 23,375.18

900.00 0.00 367.080.00 0.00 0.330.00 0.00 25,765.250.00 0.00 915.890.00 0.00 1,412.59

5,354.96 0.00 19,997.820.00 0.00 8,375.36

1,649.62 0.00 0.0012,653.64 0.00 13,040.47

0.00 0.00 37.27102,936.12 0.00 104,844.11

5,862.64 0.00 6,721.89172,360.19 0.00 176,103.71

0.00 0.00 2,423.483,195.00 0.00 615.84

0.00 0.00 1,506.470.00 0.00 2,853.820.00 0.00 0.000.00 0.00 848.580.00 0.00 850.00

5,691.38 0.00 4,429.710.00 0.00 7,697.800.00 0.00 1,696.86

217,469.18 0.00 259,226.37900.00 0.00 746.53

0.00 0.00 850.008,580.96 0.00 19,519.51

0.00 0.00 3,960.02900.00 0.00 225.03

3,892.00 0.00 4,582.580.00 0.00 850.000.00 0.00 115,678.360.00 0.00 850.000.00 0.00 930.31

900.00 0.00 3,868.091,100.00 0.00 84.04

900.00 0.00 519.640.00 0.00 850.260.00 0.00 850.00

9,469.00 0.00 7,819.751,000.00 0.00 3,876.87

0.00 0.00 4,441.253,014.85 0.00 3,554.94

85,575.82 0.00 94,420.331,873.97 0.00 2,707.71

0.00 1,983.52 0.001,970.39 0.00 2,209.98

0.00 2,008.57 0.003,319.90 0.00 2,429.002,514.10 0.00 3,263.60

0.00 3,187.65 0.000.00 0.00 2,288.980.00 0.00 372.010.00 0.00 1,777.050.00 0.00 1,640.31

1,000.00 0.00 271.09

0.00 4,588.46 0.002,201.23 0.00 2,475.51

0.00 0.00 2,134.970.00 0.00 3,037.280.00 4,978.71 0.00

5,940.00 0.00 5,139.190.00 0.00 41.87

306,674.61 0.00 523,523.120.00 0.00 2,546.840.00 637.45 0.00

22,293.18 0.00 20,525.930.00 0.00 72.110.00 0.00 4,372.840.00 0.00 4,475.880.00 0.00 10,140.840.00 0.00 8,266.500.00 0.00 662.750.00 0.00 4,820.730.00 2,550.93 0.00

4,052.51 0.00 18,241.190.00 0.00 746.16

9,121.49 0.00 9,107.490.00 0.00 15,300.920.00 0.00 5,111.470.00 0.00 6,046.660.00 0.00 3,502.64

1,305.02 0.00 0.000.00 0.00 806.180.00 0.00 1,236.880.00 0.00 166.12

3,200.00 0.00 1,970.240.00 0.00 0.000.00 0.00 2,676.43

782.60 0.00 2,956.730.00 0.00 1,052.27

48,315.00 0.00 53,323.19741.00 0.00 14,200.01721.40 0.00 691.88

2,058.17 0.00 548.370.00 0.00 407.18

5,935.54 0.00 6,597.222,000.00 0.00 1,221.78

864,299.10 0.00 872,123.8641,636.98 0.00 45,996.09

0.00 0.00 3,227.100.00 0.00 0.000.00 0.00 4,283.970.00 0.00 2,929.240.00 0.00 102,587.78

959.35 0.00 2,506.812,043.30 0.00 1,675.26

0.00 0.00 3,234.290.00 0.00 60,071.300.00 1,824.72 0.00

198,651.67 0.00 200,844.810.00 0.00 56.540.00 2,841.50 0.00

693.25 0.00 0.000.00 0.00 850.00

0.00 0.00 642.71810.82 0.00 1.09

3,115.00 0.00 3,382.720.00 0.00 4,689.810.00 0.00 0.960.00 0.00 640.690.00 0.00 840.270.00 0.00 1,965.57

8,610.21 0.00 28,060.26397,512.32 0.00 398,733.28

1,997.00 0.00 1,583.460.00 0.00 2,982.58

3,437.77 0.00 23,696.600.00 0.00 20,942.690.00 0.00 8,447.620.00 0.00 1,871.70

251.00 0.00 1,602.200.00 3,266.60 0.000.00 0.00 357,672.010.00 0.00 547.220.00 3,451.95 0.000.00 4,202.85 0.00

3,900.00 0.00 2,707.810.00 0.00 83.780.00 0.00 3,459.380.00 0.00 1,574.240.00 0.00 31.830.00 0.00 1,783,532.930.00 0.00 12,237.960.00 0.00 203.99

723.28 0.00 850.000.00 0.00 4,276.06

12,847.49 0.00 8,638.500.00 0.00 2,384.16

1,900.88 0.00 9,436.610.00 0.00 135.950.00 0.00 6,100.890.00 0.00 89,128.670.00 0.00 79,118.47

5,900.00 0.00 5,491.435,900.00 0.00 6,638.50

0.00 0.00 4,000.005,900.00 0.00 6,638.50

0.00 0.00 10,197.980.00 3,338.24 0.00

8,434.26 0.00 6,561.910.00 3,443.27 0.000.00 0.00 66,142.360.00 0.00 27,450.790.00 0.00 14,818.02

3,848.00 0.00 3,681.020.00 0.00 927.390.00 76.18 0.000.00 0.00 1,159.310.00 0.00 68.850.00 0.00 42,280.910.00 0.00 8,087.72

362,646.90 0.00 419,759.190.00 0.00 1,231.08

1,900.00 0.00 1,277.8618,636.32 0.00 19,533.65

0.00 3,975.92 0.000.00 0.00 4,553.670.00 2,077.12 0.00

529.18 0.00 426.020.00 0.00 9,279.63

1,215.00 0.00 1,594.020.00 0.00 13,303.740.00 0.00 103,571.250.00 0.00 83.430.00 0.00 3,354.790.00 0.00 16.67

1,840.36 0.00 1,495.250.00 0.00 906.54

5,900.00 0.00 7,331.210.00 0.00 6,068.94

35,738.31 0.00 37,024.110.00 0.00 8,582.83

1,571.35 0.00 4,797.910.00 0.00 22,156.53

5,900.00 0.00 9,102.870.00 0.00 1,102.410.00 3,577.01 0.000.00 0.00 1,912.07

3,013.70 0.00 850.009,822.84 0.00 12,572.17

0.00 4,901.70 0.000.00 0.00 520.280.00 0.00 13,822.780.00 1,010.74 0.000.00 0.00 9,610.17

5,900.00 0.00 8,299.650.00 3.70 0.00

269.42 0.00 1,097.820.00 0.00 235.660.00 0.00 765.580.00 1,536.88 0.000.00 3,603.70 0.000.00 0.00 5,399.590.00 3,826.78 0.000.00 0.00 5,105.280.00 0.00 1,328.750.00 1,703.70 0.000.00 2,198.70 0.000.00 3,823.70 0.000.00 0.00 3,979.400.00 0.00 446.830.00 0.00 28.590.00 3,118.18 0.00

522.03 0.00 4,690.7012,178.00 0.00 12,742.84

0.00 0.00 1,158.720.00 0.00 0.000.00 0.00 11,850.950.00 11.25 0.000.00 0.00 44,667.36

32,840.03 0.00 65,556.070.00 297.13 0.00

3,483.66 0.00 16,505.620.00 0.00 36,392.570.00 1,100.85 0.00

9,666.48 0.00 6,551.010.00 1,329.66 0.00

2,400.00 0.00 2,481.030.00 2,555.43 0.000.00 0.00 35,962.300.00 0.00 633.280.00 0.00 2,913.710.00 0.00 20,038.070.00 0.00 24,051.540.00 1,641.50 0.000.00 0.00 2,352.370.00 0.00 2,199.65

10,650.66 0.00 36,213.080.00 0.00 2,278.690.00 0.00 832.500.00 0.00 0.000.00 0.00 221,348.760.00 0.00 102,042.500.00 0.00 291.75

3,115.00 0.00 3,365.633,023.10 0.00 41,343.36

0.00 0.00 406.1718,557.76 0.00 90,218.60

0.00 0.00 57,632.140.00 0.00 8,999.440.00 0.00 900.66

6,215.00 0.00 6,050.000.00 3,215.00 0.000.00 0.00 4,047.440.00 0.00 72,409.840.00 2,295.11 0.00

600.00 0.00 0.000.00 1,030.19 0.000.00 0.00 16,404.550.00 20.42 0.000.00 0.00 861.760.00 0.00 6,710.710.00 0.00 0.000.00 5.00 0.00

1,000.00 0.00 3,509.590.00 0.00 3,470.740.00 6,381.78 0.00

1,085.00 0.00 452.710.00 4,146.40 0.00

2,765.00 0.00 2,408.890.00 0.00 8,086.220.00 2,725.00 0.000.00 0.00 3,113.220.00 0.00 7,813.750.00 0.00 0.000.00 0.00 1,557.290.00 0.00 16,576.660.00 0.00 5,421.770.00 0.00 9,418.730.00 1,382.28 0.00

612,083.16 0.00 622,637.37

0.00 0.00 24,456.58685.00 0.00 185.00

0.00 0.00 275.240.00 0.00 2,011.540.00 0.00 0.000.00 0.00 1,742.72

900.00 0.00 1,884.000.00 0.00 2,143.400.00 0.00 0.000.00 0.00 2,306.290.00 0.00 48,925.280.00 0.00 2,447.980.00 153.68 0.000.00 0.00 47,709.050.00 0.00 0.000.00 0.00 1,363,488.340.00 0.00 20,189.530.00 0.00 0.000.00 0.00 2,340.57

3,187.32 0.00 3,187.321,380.00 0.00 1,380.00

0.00 311.42 0.002,795.66 0.00 2,795.66

0.00 1,295.00 0.00464.17 0.00 464.17

4,275.00 0.00 4,275.005,700.00 0.00 5,700.008,843.78 0.00 8,843.78

0.00 445.00 0.004,600.00 0.00 4,600.002,997.93 0.00 2,997.931,876.92 0.00 1,876.92

0.00 0.00 112.4317,812.09 0.00 17,636.94

0.00 0.00 0.006,427.56 0.00 7,120.91

0.00 0.00 3,706.550.00 0.00 6,322.660.00 1,782.30 0.000.00 0.00 1,705.400.00 0.00 1,916.500.00 0.00 26,105.450.00 0.00 14,903.430.00 0.00 979.07

6,190.60 0.00 6,274.620.00 1,333,474.25 0.00 4,822.10

22,378,654.42 1,463,281.25 23,961,872.74

0.00 41,367,900.00 0.000.00 41,367,900.00 0.00

0.00 86.97 0.000.00 86.97 0.00

0.00 24,021.69 0.000.00 375.00 0.000.00 0.00 0.67

25,000.00 4,872.54 0.00154,203.33 31,911.75 0.00

0.00 430.00 0.004,280,749.76 22,250,332.46 0.00

0.00 26,580.00 0.000.00 749.21 0.00

4,459,953.09 22,339,272.65 0.67

0.00 0.00 1,341,237.000.00 0.00 408,293.000.00 0.00 528,150.000.00 0.00 2,411,578.000.00 22,000,000.00 0.000.00 1,461,603.00 0.000.00 490,185.00 0.000.00 710,435.00 0.000.00 4,618,115.00 0.000.00 29,280,338.00 4,689,258.00

0.00 14,887,384.00 0.00 0.000.00 5,100,000.00 0.00 0.000.00 19,987,384.00 0.00 0.00

0.00 400,000.00 0.000.00 80,000.00 0.000.00 20,000.00 0.000.00 100,000.00 0.000.00 100,000.00 0.000.00 100,000.00 0.000.00 800,000.00 0.00

0.00 0.00 90,000.000.00 90,000.00 0.000.00 90,000.00 90,000.00

0.00 0.00 22,428.000.00 22,426.98 0.000.00 22,426.98 22,428.00

3,807,140.76 0.00 3,807,140.763,807,140.76 0.00 3,807,140.76

980,112.50 0.00 980,112.50915,370.55 0.00 915,370.55

1,895,483.05 0.00 1,895,483.05

5,079,054.54 0.00 5,079,054.545,079,054.54 0.00 5,079,054.54

0.00 1,516,600.00 0.000.00 1,516,600.00 0.00

0.00 3,469,100.00 0.0061,920.00 0.00 61,920.0061,920.00 3,469,100.00 61,920.00

0.00 895.00 0.00-

0.00 10,031.00 0.000.00 907.00 0.00

0.00 11,833.00 0.00

0.00 354,547.00 0.000.00 354,547.00 0.00

0.00 12,960.00 0.000.00 241,302.00 0.000.00 58,314.00 0.000.00 205,636.00 0.000.00 518,212.00 0.00

0.00 20,400.00 0.000.00 10,169.00 0.000.00 30,569.00 0.00

0.00 61,025.00 0.000.00 25,510.00 0.000.00 19,999.00 0.000.00 106,534.00 0.00

0.00 247,870.00 0.000.00 15,000.00 0.000.00 276,477.00 0.000.00 803,165.00 0.000.00 104,464.00 0.000.00 1,446,976.00 0.00

0.00 283,000.00 0.000.00 145,730.00 0.000.00 428,730.00 0.00

0.00 190,546.00 0.000.00 29,382.00 0.000.00 67,200.00 0.000.00 9,822.00 0.000.00 288,594.00 0.000.00 128,947.00 0.000.00 91,100.00 0.000.00 805,591.00 0.00

0.00 529,236.00 0.000.00 529,236.00 0.00

0.00 9,770.00 0.000.00 552,574.00 0.000.00 562,344.00 0.00

0.00 19,879.00 0.000.00 19,879.00 0.00

0.00 16,500.00 0.000.00 16,500.00 0.00

0.00 828,979.00 0.000.00 23,728.00 0.000.00 852,707.00 0.00

0.00 266,996.00 0.00

0.00 266,996.00 0.00

0.00 32,327.18 0.000.00 32,327.18 0.00

0.00 21,125.22 0.000.00 21,125.22 0.00

39,852,012 129,212,997 129,212,997

2,206,609.97

38,369.02

9 PROPERTY, PLANT AND EQUIPMENT

Description As at July 01, 2017 Addition Deletions As at June

30, 2018 Rate

% For the Period

WDV As on 30-06-2018

Rupees Rupees Rupees Rupees Rupees

Computers 2,122,379 115,898 2,238,277 15 335,742 1,902,535

Vehicles 224,514 5,490 230,004 15 34,501 195,503

Furniture & Fixtures 247,438 9,415 256,853 15 38,528 218,325

2017-18 2,594,331 130,803 2,725,134 408,771 2,316,363

Description As at July 01, 2016 Addition

Deletions As at June

30, 2017 Rate

% For the Period

WDV As on 30-06-2017

Rupees Rupees Rupees Rupees Rupees

Computers 1,496,732 115,898 1,612,630 15 241,895 1,370,735

Vehicles 157,014 5,490 162,504 15 24,376 138,128

Furniture & Fixtures 247,438 247,438 15 37,116 210,322 2016 1,901,184 121,388 2,022,572 303,387 1,719,185

WDV

WDV

7 PROPERTY AND EQUIPMENT

As at 1 July 2017

Transferred from leased to owned assets

Additions Disposals As at 30 June 2018

As at 1 July 2017

Transferred from leased to

OwnedFor the Year Adjustments As at 30

June 2018

Owned %ageLand - - 6,000,000 - 6,000,000 - - - - - 6,000,000 Furniture and fixtures 953,599 - - 953,599 552,123 40,148 - 592,271 361,328 10%Office equipment 1,370,951 86,300 1,457,251 548,135 90,193 638,328 818,923 10%Electrical installations 472,917 - 472,917 270,478 20,244 290,722 182,195 10%Computers 1,400,610 603,698 - 2,004,308 1,042,919 272,874 - 1,315,793 688,515 30%Vehicles 1,963,332 - - 1,963,332 1,474,390 97,788 - 1,572,178 391,154 20%

LeasedVehicles 7,867,594 7,867,594 3,372,783 898,962 4,271,745 3,595,849 20%

14,029,003 - 6,689,998 - 20,719,001 7,260,828 - 1,420,209 - 8,681,037 12,037,964

As at 1 July 2016

Transferred from leased to owned assets

Additions Disposals As at 30 June 2017

As at 1 July 2016

Transferred from leased to

OwnedFor the Year Adjustments As at 30

June 2017

Owned %ageFurniture and fixtures 935,199 18,400 - 953,599 507,515 44,608 - 552,123 401,476 10%Office equipment 1,026,451 344,500 1,370,951 486,516 61,619 548,135 822,816 10%Electrical Installations 472,917 - 472,917 247,985 22,493 270,478 202,439 10%Computers 1,272,810 127,800 - 1,400,610 895,066 147,853 - 1,042,919 357,691 30%Vehicles 1,963,332 - - 1,963,332 1,352,155 122,235 - 1,474,390 488,942 20%

LeasedVehicles 7,867,594 7,867,594 2,249,080 1,123,703 3,372,783 4,494,811 20%

13,538,303 - 490,700 - 14,029,003 5,738,317 - 1,522,511 - 7,260,828 6,768,175

Cost Accumulated Depreciation

Net book value as at 30 June

2017

Rate of depreciation

Cost Accumulated DepreciationNet book value as at 30 June

2018

Rate of dep

Rupees

Rupees

Code Client Name Balance as on 26-6-2018 Debits Credits Closing Balance as

on 30-6-2018

01-90585 ABDUL LATIF 18,209.53 DB - 16,176.95 2,033 01-91326 SULTAN AHMED QURESHI 581.31 DB - - 581 01-91373 AGHA AKHLAS AHMED KHAN 86.53 DB - - 87 01-91429 MOHAMMAD HAMAYUN FAROOQ 162.02 DB - - 162 01-91680 SAMI REHMAN 3,577.51 DB - - 3,578 01-92056 MOHAMMAD HUMAYUN 1,312.33 DB - - 1,312 01-92114 MOHAMMAD ISHAQ 1,897.41 DB - - 1,897 01-92118 TAHIRA YASMIN 959.46 DB - - 959 01-92383 RIAZ AHMAD 59.44 DB - - 59 01-92490 ZAFAR-UL-ISLAM SIDDIQUE 2,704.07 DB - - 2,704 01-92530 MOHAMMAD SHABBIR 2,330.88 DB - - 2,331 01-92534 MOHAMMAD AFZAL SAQIB 4,240.97 DB - - 4,241 01-92868 MOHAMMAD AWAIS 1,983.52 DB - - 1,984 01-92885 ZAHID HUSSAIN 2,008.57 DB - - 2,009 01-92898 MOHAMMAD ASIF CHAUDHARY 3,187.65 DB - - 3,188 01-92948 KHAWAJA ABAD-UR-REHMAN 4,588.46 DB - - 4,588 01-92984 MUHAMMAD AFZAAL 4,978.71 DB - - 4,979 01-93028 ARSHAD ALI 637.45 DB - - 637 01-93059 KASHIF FAIZ 2,550.93 DB - - 2,551 01-93227 ZULFIQAR ALI 1,824.72 DB - - 1,825 01-93234 MOHAMMAD MOHSIN ABBASI 2,841.50 DB - - 2,842 01-93406 ANDLEEB SULTANAH 3,266.60 DB - - 3,267 01-93416 JAFFAR SADIQ 3,451.95 DB - - 3,452 01-93418 ADNAN YOUNUS 4,202.85 DB - - 4,203 01-93605 IMRAN JALIL 3,338.24 DB - - 3,338 01-93609 SULEMAN SHAHID 3,443.27 DB - - 3,443 01-93623 NADEEM BABAR KHAN 76.18 DB - - 76 01-93643 ABDUL WAHEED AHMAD 3,975.92 DB - - 3,976 01-93645 JAVED AHMED 2,077.12 DB - - 2,077 01-93679 SIKNDAR MAQBOOL 3,577.01 DB - - 3,577 01-93692 FARHANA HASHIM 4,901.70 DB - - 4,902 01-93697 ARSHAD MAHMOOD 1,010.74 DB - - 1,011

JAVED IQBAL SECURITIES (PRIVATE) LIMITEDAGING OF RECEIVEABLE As on 30-6-2018

01-93711 KHURRAM SHAHZAD 1,536.88 DB - - 1,537 01-93714 HAIDER ALI ANWAR 3,603.70 DB - - 3,604 01-93718 ATIQ ANWAR MALIK 3,826.78 DB - - 3,827 01-93722 SYYED MOHAMMED JAWAID IQBAL JAFREE 1,703.70 DB - - 1,704 01-93723 TAFAZZAL ABBAS 2,198.70 DB - - 2,199 01-93724 SHABANA YAQUB 3,823.70 DB - - 3,824 01-93729 IMRAN YOUNAS 3,118.18 DB - - 3,118 01-93744 AHMAD SHOAIB 11.25 DB - - 11 01-93749 MUHAMMAD SHAFI 297.13 DB - - 297 01-93754 AFIFA TAHIR 1,100.85 DB - - 1,101 01-93757 MOHAMMAD IRSHAD 1,329.66 DB - - 1,330 01-93759 YASMIN TAHIRA 2,555.43 DB - - 2,555 01-93768 KHURRAM SHAHZAD 1,641.50 DB - - 1,642 01-93788 MUHAMMAD KASHIF RASHEED 3,215.00 DB - - 3,215 01-93791 ABDUL MUQEET 2,295.11 DB - - 2,295 01-93794 FARHAN SHAFIQ 1,030.19 DB - - 1,030 01-93798 MIAN MUHAMMAD IQBAL 20.42 DB - - 20 01-93808 MUHAMMAD ATHAR 6,381.78 DB - - 6,382 01-93810 MAHMOOD ALAM MIAN 4,146.40 DB - - 4,146 01-93815 SAIQA SALEEM 2,725.00 DB - - 2,725 01-93826 HAFIZ MOHAMMAD IMTIAZ 1,382.28 DB - - 1,382 01-93844 RASHID HAFEEZ SHEIKH 153.68 DB - - 154 01-93854 ABDUL WAHEED -8796.58 CR 9108.00 - 311 01-93856 TANZEEL-UR-RAHMAN 1,295 DB - - 1,295 01-93861 MUHAMMAD JAVED BUTT 445 DB - - 445 01-99199 MOHAMMAD ISHFAQ 1,782 DB - - 1,782

129,797

ODDNCSS 1,333,474

1,463,271

With in 5 Days O.D. More than 5 Days

Security Valuation

Security Valuation Var

Adjusted

Lower of Dr. or Security

Valuation Provision

- 2,033 199,709.48 169,753.06 2,033 - 970.27 1,063 - 581 113,890.00 96,806.50 581 - 430.50 151 - 87 150,252.00 127,714.20 87 - 57,422.14 (57,335) - 162 0.00 0.00 - 162 9,317.96 (9,156) - 3,578 0.00 0.00 - 3,578 11,449.75 (7,872) - 1,312 0.00 0.00 - 1,312 294.54 1,017 - 1,897 0.00 0.00 - 1,897 134,372.46 (132,475) - 959 0.00 0.00 - 959 1,286,101.87 (1,285,143) - 59 0.00 0.00 - 59 344,672.63 (344,614) - 2,704 0.00 0.00 - 2,704 9,547.05 (6,843) - 2,331 0.00 0.00 - 2,331 531,931.79 (529,601) - 4,241 0.00 0.00 - 4,241 156,196.34 (151,955) - 1,984 0.00 0.00 - 1,984 2,500.31 (516) - 2,009 0.00 0.00 - 2,009 2,237.72 (229) - 3,188 0.00 0.00 - 3,188 30,662.91 (27,475) - 4,588 0.00 0.00 - 4,588 9,407,208.78 (9,402,621) - 4,979 137,033.00 116,478.05 4,979 - 4,780.21 199 - 637 0.00 0.00 - 637 3,041.71 (2,405) - 2,551 0.00 0.00 - 2,551 - 2,551 - 1,825 0.00 0.00 - 1,825 1,098.12 727 - 2,842 0.00 0.00 - 2,842 8,211.21 (5,369) - 3,267 0.00 0.00 - 3,267 6,145.54 (2,879) - 3,452 239.00 203.15 203 3,213 25,426.30 (21,974) - 4,203 0.00 0.00 - 4,203 510,822.61 (506,620) - 3,338 0.00 0.00 - 3,338 1,701,075.91 (1,697,738) - 3,443 0.00 0.00 - 3,443 52,591.27 (49,148) - 76 0.00 0.00 - 76 240.00 (164) - 3,976 0.00 0.00 - 3,976 240.73 3,735 - 2,077 0.00 0.00 - 2,077 1,179.37 898 - 3,577 0.00 0.00 - 3,577 2,955.88 621 - 4,902 0.00 0.00 - 4,902 3,802.97 1,099 - 1,011 0.00 0.00 - 1,011 38,183.89 (37,173)

- 1,537 0.00 0.00 - 1,537 1,803.91 (267) - 3,604 0.00 0.00 - 3,604 4,872.32 (1,268) - 3,827 0.00 0.00 - 3,827 114,398.41 (110,571) - 1,704 0.00 0.00 - 1,704 7,316.62 (5,613) - 2,199 0.00 0.00 - 2,199 72,642.83 (70,444) - 3,824 0.00 0.00 - 3,824 7,237.80 (3,414) - 3,118 0.00 0.00 - 3,118 8,184.91 (5,067) - 11 21,825.00 18,551.25 11 - 2,481.85 (2,471) - 297 237,425.00 201,811.25 297 - 2,210.00 (1,913) - 1,101 0.00 0.00 - 1,101 7,367.70 (6,267) - 1,330 0.00 0.00 - 1,330 13,972.72 (12,643) - 2,555 0.00 0.00 - 2,555 4,850.89 (2,296) - 1,642 0.00 0.00 - 1,642 13,400.65 (11,759) - 3,215 0.00 0.00 - 3,215 9,471.15 (6,256) - 2,295 0.00 0.00 - 2,295 1,468.56 826 - 1,030 0.00 0.00 - 1,030 - 1,030 - 20 0.00 0.00 - 20 8,330.46 (8,310) - 6,382 4,736.00 4,025.60 4,026 1,646 48,701.17 (42,319) - 4,146 0.00 0.00 - 4,146 587,995.54 (583,850) - 2,725 0.00 0.00 - 2,725 1,466,488.40 (1,463,763) - 1,382 0.00 0.00 - 1,382 55.60 1,326 - 154 0.00 0.00 - 154 178.58 (25)

311 - 0.00 0.00 - - 11,091.25 (11,091) - 1,295 0.00 0.00 - 1,295 428,971.95 (427,677) - 445 92,160.00 78,336.00 445 - 20,928.11 (20,483) - 1,782 0.00 0.00 - 1,782 12,961.41 (11,179)

102.13 (102) 1,498.63 (1,499)

- - 5,265.31 (5,265) 4,502.45 (4,502)

13,735.84 (13,736)

311 129,489 957,269 12,662 116,081 (17,098,112)

Documents

JAVED IQBAL SECURITIES (PVT) LIMITED(v) Provision for taxation (Note 20) Javed Iqbal Securities (Private) Limited ("the Company") was incorporated, in Pakistan, on February 20, 2001