8/9/2019 Far Hat Abbas
1/34
LIABILITIES & EQUITY 2008
SHARE CAPITAL AND RESERVES
Share Capital 43,009,284.00
Capital Reserve 3,503,064.00Unappropriated Proft 63,902,995.00
Total Share Capital & Reer!e """
N#N CURRENT LIABILITIES
Deered !a"ation #2,#3#,932.00
Deered $%plo&ee 'enefts #,528,444.00
Provision (or De)o%%issionin* Cost 6,+95,#4#.00
Total No$ C%rre$t Liailitie 20'())')*+,00
CURRENT LIABILITIES
!rade and other pa&ales #+,2#5,555.00
Provision (or ta"ation 4,223,048.00Total C%rre$t Liailitie 2*'(-8'.0-,00
C-!/$C/$S 1D C-/!$!S
Total Liailitie & E/%it """
ASSETS
N#N CURRENT ASSETS
1ie3 Aet
Propert&, plant and eip%ent 23,225,+63.00
Dvp and prod)tion 1ssets/ntan*ile 36,808,04#.00
$"ploration and evalation assets +,6+2,444.00
Total No$ 1ie3 Aet .+'+0.'2(8,00
on* !er% /nvest%ents 3,#+5,054.00
on* !er% oans and Re)ivales #,324,059.00
on* !er% Prepa&%ents #08,93+.00
Total No$ C%rre$t Aet +2'-*('248,00
C%rre$t Aet
Stores, spare parts and loose tools #6,6#5,095.00
Sto)7 in !rade #5#,+82.00
!rade Dets 40,+05,299.00
oans and advan)es 2,339,03+.00
Deposits and short ter% pa&%ents 6+9,#65.00
/nterest 1))red #80,295.00
-ther Re)eivales 638,92#.00
-ther inan)ial 1ssets #0,20+,5#6.00
Cash and an7 'alan)es 8,306,548.00
Total C%rre$t Aet +4'82-'.)8,00
Total Aet """
BALANCE SHEET C
8/9/2019 Far Hat Abbas
2/34
2004 20*0 20** 20*2
43,009,284.00 43,009,284.00 43,009,284.00
3,658,3#8.00 3,859,682.00 4,059,#38.00 4,906,000.00+9,503,+94.00 ##0,523,520.00 #54,49+,#55.00 220,449,368.00
*2.'*+*'-4.,00 *)+'-42'(8.,00 20*').)')++,00 -.8'-.('.)2,00
#+,+#0,49+.00 2#,499,#84.00 20,+86,#95.00 23,545,++3.00
2,008,499.00 2,699,++3.00 3,30#,#69.00 4,623,#53.00
#0,8#4,506.00 #2,435,365.00 #4,348,98#.00 #+,#93,8#3.00
-0')--')02,00 -.'.-('-22,00 -8'(-.'-(),00 ()'-.2'+-4,00
#8,+4+,328.00 28,624,204.00 #6,+94,29+.00 22,#+#,85#.00
2,540,#+0.00 6,2#6,639.00 4,98#,309.00 2,42#,83#.002*'28+'(48,00 -('8(0'8(-,00 2*'++)'.0.,00 2'(2*'8-*,00
*++'442'-4.,00 228'8.+'.)*,00 2.*'+++')28,00 2(')4-'.82,00
28,482,#94.00 34,998,898.00 39,#46,582.00 40,966,44#.00
49,05+,+66.00 58,630,85+.00 58,926,89+.00 64,6+#,505.00
8,++9,699.00 9,55#,394.00 +,96#,#9+.00 #0,406,#56.00
8.'-*4'.)4,00 *0-'*8*'*(4,00 *0.'0-('.+.,00 **.'0(('*02,00
2,903,#33.00 3,23#,435.00 3,568,930.00 3,98+,633.00
#,849,+0+.00 #,902,330.00 2,4#0,90+.00 3,066,634.00
85,35+.00 ##8,93+.00 #59,550.00 346,4#3.00
4*'*)+'8).,00 *08'(--'8)*,00 **2'*+('0.-,00 *2-'((('+82,00
#+,464,35#.00 #4,82+,2+8.00 #3,9+9,854.00 #2,860,+23.00
#08,30#.00 #+2,084.00 26#,835.00 2#0,523.00
56,#40,092.00 82,992,29#.00 ++,9##,3#2.00 #38,095,+64.00
2,633,965.00 2,2#6,88#.00 2,+38,8+3.00 5,604,9+6.00
4#9,62#.00 6#6,64#.00 640,229.00 984,+96.00
2+,#56.00 #+,03#.00 324,845.00 532,58+.00
9+9,3#9.00 926,95#.00 #,459,0+3.00 998,652.00
5,08+,9#+.00 ##,#20,823.00 38,445,555.00 5#,820,58#.00
3,9+3,8#8.00 +,843,820.00 #3,84#,889.00 3,+6+,689.00
8.'8-(')(0,00 *20'(--'800,00 *(4'.0-'(.),00 2*('8+.'24*,00
*++'442'-4.,00 228'8.+'.)*,00 2.*'+++')28,00 --8'-2*'0+-,00
#55#N SI6E ANALYSIS
8/9/2019 Far Hat Abbas
3/34
8/9/2019 Far Hat Abbas
4/34
LIABILITIES & EQUITY 2008 2004 20*0
SHARE CAPITAL AND RESERVES
Share Capital 28: 24: #9:
Capital Reserve 2: 2: 2:Unappropriated Proft 42: 45: 48:
Total Share Capital & Reer!e +27 +*7 .47
N#N CURRENT LIABILITIES
Deered !a"ation 8: #0: 9:
Deered $%plo&ee 'enefts #: #: #:
Provision (or De)o%%issionin* Cost 4: 6: 5:
Total No$ C%rre$t Liailitie *-7 *+7 *.7
CURRENT LIABILITIES
!rade and other pa&ales ##: ##: #3:
Provision (or ta"ation 3: #: 3:Total C%rre$t Liailitie *(7 *27 *)7
C-!/$C/$S 1D C-/!$!S
Total Liailitie & E/%it *007 *007 *007
ASSETS
N#N CURRENT ASSETS
1ie3 Aet
Propert&, plant and eip%ent #5: #6: #5:
Develop%ent and prod)tion 1ssets/ntan*ile 24: 28: 26:
$"ploration and evalation assets 5: 5: 4:
Total No$ 1ie3 Aet ((7 (87 ()7
on* !er% /nvest%ents 2: 2: #:
on* !er% oans and Re)ivales #: #: #:
on* !er% Prepa&%ents 0: 0: 0:
Total No$ C%rre$t Aet (+7 )*7 (+7
C%rre$t Aet
Stores, spare parts and loose tools ##: #0: 6:
Sto)7 in !rade 0: 0: 0:
!rade Dets 2+: 32: 36:
oans and advan)es 2: #: #:
Deposits and short ter% pa&%ents 0: 0: 0:
/nterest 1))red 0: 0: 0:
-ther Re)eivales 0: #: 0:
-ther inan)ial 1ssets +: 3: 5:
Cash and an7 'alan)es 5: 2: 3:
Total C%rre$t Aet )27 (47 )-7
Total Aet *007 *007 *007
8/9/2019 Far Hat Abbas
5/34
20** 20*2
#6: #+5:
2: 20:59: 896:
++7 *(487
8: 96:
#: #9:
5: +0:
*)7 *8(7
6: 90:
2: #0:87 *07
*007 *007
#5: #2:
23: #9:
3: 3:
(*7 -(7
#: #:
#: #:
0: 0:
(-7 -.7
5: 4:
0: 0:
30: 4#:
#: 2:
0: 0:
0: 0:
#: 0:
#5: #5:
5: #:
)+7 .(7
*007 *007
8/9/2019 Far Hat Abbas
6/34
2008
Salesnet #25,908,304.00
Ro&alt& ;#+,320,#8+.00<
-peratin* e"penses ;#9,6#3,345.00<
!ransportation )har*es ;#,4+2,6#5.00<
Total #perati$ Epe$e 9-8'(0.'*(+,00:
;ro Pro proft parti)ipation (nd ;4,38+,4##.00<
Share o( proft in asso)iatenet o( ta"ation 44,680.00
Pro
8/9/2019 Far Hat Abbas
7/34
2004 20*0 20**
#30,829,5+9.00 #42,5+#,863.00 #55,63#,290.00
;#5,#55,66+.00< ;#6,+28,843.00< ;#+,+03,60#.00<
;22,6+3,893.00< ;23,+2+,8#8.00< ;32,99+,860.00<
;#,522,489.00< ;#,492,26+.00< ;2,20#,339.00<
9-4'-)2'0(4,00: 9(*'4(8'428,00: 9)2'402'800,00:
4*'(++')-0,00 *00'.22'4-),00 *02'+28'(40,00
3,3+0,823.00 3,300,2#4.00 3,303,9+#.00
;+,459,560.00< ;+,902,3+0.00< ;6,62#,+05.00<
;#,332,982.00< ;#,598,#6#.00< ;2,233,6+2.00<
;926,02+.00< ;#,2+3,3#2.00< ;#,484,+8#.00<
;4,259,364.00< ;4,660,6+#.00< ;4,+88,53+.00<
5+,503.00 64,##8.00 +8,438.00
80'42+'42-,00 88'))2'+)-,00 40'482'20(,00
;25,388,282.00< ;29,3+5,628.00< ;2+,454,934.00<
))')-4'.(*,00 )4'*++'*2),00 .-')2+'2+0,00
*2,4* *-,+. *(,++
Co@@o$ Sie A$ali
8/9/2019 Far Hat Abbas
8/34
20*2
#9+,838,+26.00
;23,#23,#+6.00<
;34,3+9,542.00<
;2,029,+55.00<
9)4')-2'(+-,00:
*-8'-0.'2)-,00
9,660,443.00
;4,04+,++4.00<
;2,200,3#3.00<
;#,+#8,65#.00<
;+,004,359.00<
8+,2#5.00
*--'082'8*(,00
;36,#++,239.00<
4.'40)')+),00
22,)-
8/9/2019 Far Hat Abbas
9/34
2008 2004 20*0 20**
Salesnet #00: #00: #00: #00:
Ro&alt& #4: #2: #2: ##:
-peratin* e"penses #6: #+: #+: 2#:
!ransportation )har*es #: #: #: #:
Total #perati$ Epe$e >-*7 >-07 >247 >-(7
;ro Pro proft parti)ipation (nd 3: 3: 3: 3:
Share o( proft in asso)iatenet o( ta"ation 0: 0: 0: 0:
Pro
8/9/2019 Far Hat Abbas
10/34
20*2
#00:
#2:
#+:
#:
>-07
+07
5:
2:
#:
0:#:
4:
0:
.+7
#8:
(47
07
8/9/2019 Far Hat Abbas
11/34
2008
SHARE CAPITAL AND RESERVES
Share Capital 43,009,284.00
Capital Reserve 3,503,064.00Unappropriated Proft 63,902,995.00
Total Share Capital & Reer!e """
N#N CURRENT LIABILITIES
Deered !a"ation #2,#3#,932.00
Deered $%plo&ee 'enefts #,528,444.00
Provision (or De)o%%issionin* Cost 6,+95,#4#.00
Total No$ C%rre$t Liailitie 20'())')*+,00
CURRENT LIABILITIES
!rade and other pa&ales #+,2#5,555.00
Provision (or ta"ation 4,223,048.00Total C%rre$t Liailitie 2*'(-8'.0-,00
C-!/$C/$S 1D C-/!$!S
Total Liailitie & E/%it """
N#N CURRENT ASSETS
1ie3 Aet
Propert&, plant and eip%ent 23,225,+63.00
Develop%ent and prod)tion 1ssets/ntan*ile 36,808,04#.00
$"ploration and evalation assets +,6+2,444.00
Total No$ 1ie3 Aet .+'+0.'2(8,00
on* !er% /nvest%ents 3,#+5,054.00
on* !er% oans and Re)ivales #,324,059.00
on* !er% Prepa&%ents #08,93+.00
Total No$ C%rre$t Aet +2'-*('248,00
C%rre$t Aet
Stores, spare parts and loose tools #6,6#5,095.00
Sto)7 in !rade #5#,+82.00
!rade Dets 40,+05,299.00
oans and advan)es 2,339,03+.00
Deposits and short ter% pa&%ents 6+9,#65.00
/nterest 1))red #80,295.00
-ther Re)eivales 638,92#.00
-ther inan)ial 1ssets #0,20+,5#6.00
Cash and an7 'alan)es 8,306,548.00
Total C%rre$t Aet +4'82-'.)8,00
Total Aet """
BALANCE SHEET
8/9/2019 Far Hat Abbas
12/34
2004 20*0 20** 20*2
43,009,284.00 43,009,284.00 43,009,284.00
3,658,3#8.00 3,859,682.00 4,059,#38.00 4,906,000.00+9,503,+94.00 ##0,523,520.00 #54,49+,#55.00 220,449,368.00
*2.'*+*'-4.,00 *)+'-42'(8.,00 """ """
#+,+#0,49+.00 2#,499,#84.00 20,+86,#95.00 23,545,++3.00
2,008,499.00 2,699,++3.00 3,30#,#69.00 4,623,#53.00
#0,8#4,506.00 #2,435,365.00 #4,348,98#.00 #+,#93,8#3.00
-0')--')02,00 -.'.-('-22,00 -8'(-.'-(),00 ()'-.2'+-4,00
#8,+4+,328.00 28,624,204.00 #6,+94,29+.00 22,#+#,85#.00
2,540,#+0.00 6,2#6,639.00 4,98#,309.00 2,42#,83#.002*'28+'(48,00 -('8(0'8(-,00 2*'++)'.0.,00 2(')4-'.82,00
*++'442'-4.,00 228'8.+'.)*,00 """ """
28,482,#94.00 34,998,898.00 39,#46,582.00 40,966,44#.00
49,05+,+66.00 58,630,85+.00 58,926,89+.00 64,6+#,505.00
8,++9,699.00 9,55#,394.00 +,96#,#9+.00 #0,406,#56.00
8.'-*4'.)4,00 *0-'*8*'*(4,00 """ """
2,903,#33.00 3,23#,435.00 3,568,930.00 3,98+,633.00
#,849,+0+.00 #,902,330.00 2,4#0,90+.00 3,066,634.00
85,35+.00 ##8,93+.00 #59,550.00 346,4#3.00
4*'*)+'8).,00 *08'(--'8)*,00 """ """
#+,464,35#.00 #4,82+,2+8.00 #3,9+9,854.00 #2,860,+23.00
#08,30#.00 #+2,084.00 26#,835.00 2#0,523.00
56,#40,092.00 82,992,29#.00 ++,9##,3#2.00 #38,095,+64.00
2,633,965.00 2,2#6,88#.00 2,+38,8+3.00 5,604,9+6.00
4#9,62#.00 6#6,64#.00 640,229.00 984,+96.00
2+,#56.00 #+,03#.00 324,845.00 532,58+.00
9+9,3#9.00 926,95#.00 #,459,0+3.00 998,652.00
5,08+,9#+.00 ##,#20,823.00 38,445,555.00 5#,820,58#.00
3,9+3,8#8.00 +,843,820.00 #3,84#,889.00 3,+6+,689.00
8.'8-(')(0,00 *20'(--'800,00 """ """
*++'442'-4.,00 228'8.+'.)*,00 """ """
C#5PARATIVE ANALYS C#
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13/34
5PARATIVE ANALYSIS
8/9/2019 Far Hat Abbas
14/34
2008>2004 Cha$
SHARE CAPITAL AND RESERVES
Share Capital 0:
Capital Reserve #55,254.00 4:Unappropriated Proft #5,600,+99.00 24:
Total Share Capital & Reer!e """ *(7
N#N CURRENT LIABILITIES
Deered !a"ation 5,5+8,565.00 46:
Deered $%plo&ee 'enefts 480,055.00 3#:
Provision (or De)o%%issionin* Cost 4,0#9,365.00 59:
Total No$ C%rre$t Liailitie """ (47
CURRENT LIABILITIES
!rade and other pa&ales #,53#,++3.00 9:
Provision (or ta"ation ;#,682,8+8.00< 40:Total C%rre$t Liailitie 9*)*'*0),00: >*7
C-!/$C/$S 1D C-/!$!S
Total Liailitie & E/%it """ *+7
N#N CURRENT ASSETS
1ie3 Aet
Propert&, plant and eip%ent 5,256,43#.00 23:
Develop%ent and prod)tion 1ssets/ntan*ile #2,249,+25.00 33:
$"ploration and evalation assets #,#0+,255.00 #4:
Total No$ 1ie3 Aet """ 2+7
on* !er% /nvest%ents ;2+#,92#.00< 9:
on* !er% oans and Re)ivales 525,648.00 40:
on* !er% Prepa&%ents ;23,580.00< 22:
Total No$ C%rre$t Aet """ 2.7
C%rre$t Aet
Stores, spare parts and loose tools 849,256.00 5:
Sto)7 in !rade ;43,48#.00< 29:
!rade Dets #5,434,+93.00 38:
oans and advan)es 294,928.00 #3:
Deposits and short ter% pa&%ents ;259,544.00< 38:
/nterest 1))red ;#53,#39.00< 85:
-ther Re)eivales 340,398.00 53:
-ther inan)ial 1ssets ;5,##9,599.00< 50:
Cash and an7 'alan)es ;4,332,+30.00< 52:
Total C%rre$t Aet +'0*0'882,00 47
Total Aet """ *+7
8/9/2019 Far Hat Abbas
15/34
2004>20*0 Cha$e
SHARE CAPITAL AND RESERVES
0: Share Capital
20#,364.00 6: Capital Reserve 3#,0#9,+26.00 39: Unappropriated Proft
""" 2)7Total Share Capital & Reer!e
N#N CURRENT LIABILITIES
3,+88,68+.00 2#: Deered !a"ation
69#,2+4.00 34: Deered $%plo&ee 'enefts
#,620,859.00 #5: Provision (or De)o%%issionin* Cost
.'*00'820,00 207Total No$ C%rre$t Liailitie
CURRENT LIABILITIES
9,8+6,8+6.00 53: !rade and other pa&ales
3,6+6,469.00 #45: Provision (or ta"ation""" .(7Total C%rre$t Liailitie
C-!/$C/$S 1D C-/!$!S
""" 247Total Liailitie & E/%it
N#N CURRENT ASSETS
1ie3 Aet
6,5#6,+04.00 23: Propert&, plant and eip%ent
9,5+3,09#.00 20: Develop%ent and prod)tion 1ssets/ntan*ile
++#,695.00 9: $"ploration and evalation assets
""" 207Total No$ 1ie3 Aet
328,302.00 ##: on* !er% /nvest%ents
52,623.00 3: on* !er% oans and Re)ivales
33,580.00 39: on* !er% Prepa&%ents
""" *47Total No$ C%rre$t Aet
C%rre$t Aet
;2,63+,0+3.00< #5: Stores, spare parts and loose tools
63,+83.00 59: Sto)7 in !rade
26,852,#99.00 48: !rade Dets
;4#+,084.00< #6:oans and advan)es
#9+,020.00 4+: Deposits and short ter% pa&%ents
;#0,#25.00< 3+:/nterest 1))red
;52,368.00< 5: -ther Re)eivales
6,032,906.00 ##9: -ther inan)ial 1ssets
3,8+0,002.00 9+: Cash and an7 'alan)es
""" -47Total C%rre$t Aet
""" 247Total Aet
8/9/2019 Far Hat Abbas
16/34
20*0>20** Cha$e 20**>20*2 Cha$e
0: 0:
#99,456.00 5: 846,862.00 2#: 43,9+3,635.00 40: 65,952,2#3.00 43:
(('*+-'04*,00 287 *..'+44'0+),00 8-7
;+#2,989.00< 3: 2,+59,5+8.00 #3:
60#,396.00 22: #,32#,984.00 40:
#,9#3,6#6.00 #5: 2,844,832.00 20:
*'802'02-,00 )7 .'42.'-4(,00 *87
;##,829,90+.00< 4#: 5,3++,554.00 32:
;#,235,330.00< 20: ;2,559,4+8.00< 5#: 9*-'0.)'2-+,00: >-+7 2'8*8'0+.,00 *-7
-2'404'8++,00 *(7 +.')(-')(),00 247
4,#4+,684.00 #2: #,8#9,859.00 5:
296,040.00 #: 5,+44,608.00 #0:
;#,590,#9+.00< #+: 2,444,959.00 3#:
2'8)-')2+,00 -7 *0'004'(2.,00 47
33+,495.00 #0: 4#8,+03.00 #2:
508,5++.00 2+: 655,+2+.00 2+:
40,6#3.00 34: #86,863.00 ##+:
-'+(0'2*2,00 -7 **'2+0'+*4,00 *07
;84+,424.00< 6: ;#,##9,#3#.00< 8:
89,+5#.00 52: ;5#,3#2.00< 20:
;5,080,9+9.00< 6: 60,#84,452.00 ++:
52#,992.00 24: 2,866,#03.00 #05:
23,588.00 4: 344,56+.00 54:
30+,8#4.00 #80+: 20+,+42.00 64:
532,#22.00 5+: ;460,42#.00< 32:
2+,324,+32.00 246: #3,3+5,026.00 35:
5,998,069.00 +6: ;#0,0+4,200.00< +3:
24'*.4'..),00 2(7 .)'2+2'82.,00 ((7
-2'404'8++,00 *(7 +.')(-')(),00 247
8/9/2019 Far Hat Abbas
17/34
2008 2004
Salesnet #25,908,304.00 #30,829,5+9.00
Ro&alt& ;#+,320,#8+.00< ;#5,#55,66+.00<
-peratin* e"penses ;#9,6#3,345.00< ;22,6+3,893.00<
!ransportation )har*es ;#,4+2,6#5.00< ;#,522,489.00<
Total #perati$ Epe$e 9-8'(0.'*(+,00: 9-4'-)2'0(4,00:
;ro Pro proft parti)ipation (nd ;4,38+,4##.00< ;4,259,364.00<
Share o( proft in asso)iatenet o( ta"ation 44,680.00 5+,503.00
Pro
8/9/2019 Far Hat Abbas
18/34
20*0 20** 20*2
#42,5+#,863.00 #55,63#,290.00 #9+,838,+26.00
;#6,+28,843.00< ;#+,+03,60#.00< ;23,#23,#+6.00<
;23,+2+,8#8.00< ;32,99+,860.00< ;34,3+9,542.00<
;#,492,26+.00< ;2,20#,339.00< ;2,029,+55.00<
9(*'4(8'428,00: 9)2'402'800,00: 9)4')-2'(+-,00:
*00'.22'4-),00 *02'+28'(40,00 *-8'-0.'2)-,00
3,300,2#4.00 3,303,9+#.00 9,660,443.00
;+,902,3+0.00< ;6,62#,+05.00< ;4,04+,++4.00<
;#,598,#6#.00< ;2,233,6+2.00< ;2,200,3#3.00<
;#,2+3,3#2.00< ;#,484,+8#.00< ;#,+#8,65#.00<
;4,660,6+#.00< ;4,+88,53+.00< ;+,004,359.00<
64,##8.00 +8,438.00 8+,2#5.00
88'))2'+)-,00 40'482'20(,00 *--'082'8*(,00
;29,3+5,628.00< ;2+,454,934.00< ;36,#++,239.00<
)4'*++'*2),00 .-')2+'2+0,00 4.'40)')+),00
*-,+. *(,++ 22,)-
Co@parati!e A$ali
8/9/2019 Far Hat Abbas
19/34
Co@parati!e A$ali
8/9/2019 Far Hat Abbas
20/34
2008 & 2004 Cha$e
Salesnet 4,92#,2+5.00 4:
Ro&alt& 2,#64,520.00 #2:
-peratin* e"penses ;3,060,548.00< #6:
!ransportation )har*es ;49,8+4.00< 3:
Total #perati$ Epe$e 94()'402,00: 27
;ro Pro proft parti)ipation (nd #28,04+.00 3:
Share o( proft in asso)iatenet o( ta"ation #2,823.00 29:
Pro
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21/34
2004 & 20*0 Cha$e
##,+42,284.00 9: Salesnet
;#,5+3,#+6.00< #0: Ro&alt&
;#,053,925.00< 5: -peratin* e"penses
30,222.00 2: !ransportation )har*es
92')4.'8+4,00: +7 Total #perati$ Epe$e
4'*()'(0),00 *07 ;ro Pro proft parti)ipation (nd
6,6#5.00 #2: Share o( proft in asso)iatenet o( ta"ation
+'.2('8-0,00 47 Pro
8/9/2019 Far Hat Abbas
22/34
20*0 & 20** Cha$e 20** & 20*2 Cha$e
#3,059,42+.00 9: 42,20+,436.00 2+:
;9+4,+58.00< 6: ;5,4#9,5+5.00< -*7
;9,2+0,042.00< 39: ;#,38#,682.00< 4:
;+09,0+2.00< 48: #+#,584.00 8:
9*0'4)-'8+2,00: 2.7 9.'.24'.+-,00: *-7
2'*0)'))),00 27 -)')++'+.-,00 -)7
3,+5+.00 0: 6,356,4+2.00 #92:
#,280,665.00 #6: 2,5+3,93#.00 39:
;635,5##.00< 40: 33,359.00 #:
0: 0: ;2##,469.00< #+: ;233,8+0.00< #6:
;#2+,866.00< 3: ;2,2#5,822.00< 46:
#4,320.00 22: 8,+++.00 ##:
2'(24'()*,00 -7 (2'*00'.*0,00 (.7
#,920,694.00 +: ;8,+22,305.00< 32:
('-)0'*(),00 +7 --'-+8'-0),00 )-7
*,0* +7 +,+. )-7
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2008 2004
SHARE CAPITAL AND RESERVES
Share Capital 43,009,284.00 43,009,284.00
Capital Reserve 3,503,064.00 3,658,3#8.00Unappropriated Proft 63,902,995.00 +9,503,+94.00
Total Share Capital & Reer!e """ """
N#N CURRENT LIABILITIES
Deered !a"ation #2,#3#,932.00 #+,+#0,49+.00
Deered $%plo&ee 'enefts #,528,444.00 2,008,499.00
Provision (or De)o%%issionin* Cost 6,+95,#4#.00 #0,8#4,506.00
Total No$ C%rre$t Liailitie 20'())')*+,00 -0')--')02,00
CURRENT LIABILITIES
!rade and other pa&ales #+,2#5,555.00 #8,+4+,328.00
Provision (or ta"ation 4,223,048.00 2,540,#+0.00Total C%rre$t Liailitie 2*'(-8'.0-,00 2*'28+'(48,00
C-!/$C/$S 1D C-/!$!S
Total Liailitie & E/%it """ """
N#N CURRENT ASSETS
1ie3 Aet
Propert&, plant and eip%ent 23,225,+63.00 28,482,#94.00
Develop%ent and prod)tion 1ssets/ntan*il 36,808,04#.00 49,05+,+66.00
$"ploration and evalation assets +,6+2,444.00 8,++9,699.00Total No$ 1ie3 Aet .+'+0.'2(8,00 8.'-*4'.)4,00
on* !er% /nvest%ents 3,#+5,054.00 2,903,#33.00
on* !er% oans and Re)ivales #,324,059.00 #,849,+0+.00
on* !er% Prepa&%ents #08,93+.00 85,35+.00
Total No$ C%rre$t Aet +2'-*('248,00 4*'*)+'8).,00
C%rre$t Aet
Stores, spare parts and loose tools #6,6#5,095.00 #+,464,35#.00
Sto)7 in !rade #5#,+82.00 #08,30#.00
!rade Dets 40,+05,299.00 56,#40,092.00
oans and advan)es 2,339,03+.00 2,633,965.00
Deposits and short ter% pa&%ents 6+9,#65.00 4#9,62#.00
/nterest 1))red #80,295.00 2+,#56.00
-ther Re)eivales 638,92#.00 9+9,3#9.00
-ther inan)ial 1ssets #0,20+,5#6.00 5,08+,9#+.00
Cash and an7 'alan)es 8,306,548.00 3,9+3,8#8.00
Total C%rre$t Aet +4'82-'.)8,00 8.'8-(')(0,00
Total Aet """ """
BALANCE SHEET TRE
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20*0 20** 20*2
43,009,284.00 43,009,284.00
3,859,682.00 4,059,#38.00 4,906,000.00##0,523,520.00 #54,49+,#55.00 220,449,368.00
*)+'-42'(8.,00 20*').)')++,00 """
2#,499,#84.00 20,+86,#95.00 23,545,++3.00
2,699,++3.00 3,30#,#69.00 4,623,#53.00
#2,435,365.00 #4,348,98#.00 #+,#93,8#3.00
-.'.-('-22,00 -8'(-.'-(),00 ()'-.2'+-4,00
28,624,204.00 #6,+94,29+.00 22,#+#,85#.00
6,2#6,639.00 4,98#,309.00 2,42#,83#.00-('8(0'8(-,00 2*'++)'.0.,00 2'(2*'8-*,00
228'8.+'.)*,00 2.*'+++')28,00 2(')4-'.82,00
34,998,898.00 39,#46,582.00 40,966,44#.00
58,630,85+.00 58,926,89+.00 64,6+#,505.00
9,55#,394.00 +,96#,#9+.00 #0,406,#56.00*0-'*8*'*(4,00 *0.'0-('.+.,00 """
3,23#,435.00 3,568,930.00 3,98+,633.00
#,902,330.00 2,4#0,90+.00 3,066,634.00
##8,93+.00 #59,550.00 346,4#3.00
*08'(--'8)*,00 **2'*+('0.-,00 """
#4,82+,2+8.00 #3,9+9,854.00 #2,860,+23.00
#+2,084.00 26#,835.00 2#0,523.00
82,992,29#.00 ++,9##,3#2.00 #38,095,+64.00
2,2#6,88#.00 2,+38,8+3.00 5,604,9+6.00
6#6,64#.00 640,229.00 984,+96.00
#+,03#.00 324,845.00 532,58+.00
926,95#.00 #,459,0+3.00 998,652.00
##,#20,823.00 38,445,555.00 5#,820,58#.00
+,843,820.00 #3,84#,889.00 3,+6+,689.00
*20'(--'800,00 *(4'.0-'(.),00 """
228'8.+'.)*,00 2.*'+++')28,00 """
ND ANALYSIS TREN
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D ANALYSIS
8/9/2019 Far Hat Abbas
26/34
2008 & 2004 Cha$
SHARE CAPITAL AND RESERVES
Share Capital 0:
Capital Reserve #55,254.00 4:Unappropriated Proft #5,600,+99.00 24:
Total Share Capital & Reer!e *)'+).'0)-,00 *(7
N#N CURRENT LIABILITIES
Deered !a"ation 5,5+8,565.00 46:
Deered $%plo&ee 'enefts 480,055.00 3#:
Provision (or De)o%%issionin* Cost 4,0#9,365.00 59:
Total No$ C%rre$t Liailitie *0'0++'48),00 (47
CURRENT LIABILITIES
!rade and other pa&ales #,53#,++3.00 9:
Provision (or ta"ation ;#,682,8+8.00< 40:Total C%rre$t Liailitie 9*)*'*0),00: >*7
C-!/$C/$S 1D C-/!$!S
Total Liailitie & E/%it 2)'.82'4--,00 *+7
N#N CURRENT ASSETS
1ie3 Aet
Propert&, plant and eip%ent 5,256,43#.00 23:
Develop%ent and prod)tion 1ssets/ntan*ile #2,249,+25.00 33:
$"ploration and evalation assets #,#0+,255.00 #4:Total No$ 1ie3 Aet *8'.*-'(**,00 2+7
on* !er% /nvest%ents ;2+#,92#.00< 9:
on* !er% oans and Re)ivales 525,648.00 40:
on* !er% Prepa&%ents ;23,580.00< 22:
Total No$ C%rre$t Aet *8'8(-'))8,00 2.7
C%rre$t Aet
Stores, spare parts and loose tools 849,256.00 5:
Sto)7 in !rade ;43,48#.00< 29:
!rade Dets #5,434,+93.00 38:
oans and advan)es 294,928.00 #3:
Deposits and short ter% pa&%ents ;259,544.00< 38:
/nterest 1))red ;#53,#39.00< 85:
-ther Re)eivales 340,398.00 53:
-ther inan)ial 1ssets ;5,##9,599.00< 50:
Cash and an7 'alan)es ;4,332,+30.00< 52:
Total C%rre$t Aet +'0*0'882,00 47
Total Aet 2)'.82'4--,00 *+7
8/9/2019 Far Hat Abbas
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2008 & 20*0 Cha$e
SHARE CAPITAL AND RESERVES
0: Share Capital
356,6#8.00 #0: Capital Reserve 46,620,525.00 +3: Unappropriated Proft
(.'4++'*(-,00 (-7Total Share Capital & Reer!e
N#N CURRENT LIABILITIES
9,36+,252.00 ++: Deered !a"ation
#,#+#,329.00 ++: Deered $%plo&ee 'enefts
5,640,224.00 83: Provision (or De)o%%issionin* Cost
*.'*+8'80),00 +47Total No$ C%rre$t Liailitie
CURRENT LIABILITIES
##,408,649.00 66: !rade and other pa&ales
#,993,59#.00 4+: Provision (or ta"ation *-'(02'2(0,00 .-7Total C%rre$t Liailitie
C-!/$C/$S 1D C-/!$!S
+.'))8'*88,00 )07Total Liailitie & E/%it
N#N CURRENT ASSETS
1ie3 Aet
##,++3,#35.00 5#: Propert&, plant and eip%ent
2#,822,8#6.00 59: Develop%ent and prod)tion 1ssets/ntan*ile
#,8+8,950.00 24: $"ploration and evalation assets -)'(+('40*,00 )27Total No$ 1ie3 Aet
56,38#.00 2: on* !er% /nvest%ents
5+8,2+#.00 44: on* !er% oans and Re)ivales
#0,000.00 9: on* !er% Prepa&%ents
-.'**4'))-,00 )07Total No$ C%rre$t Aet
C%rre$t Aet
;#,+8+,8#+.00< ##:Stores, spare parts and loose tools
20,302.00 #3: Sto)7 in !rade
42,286,992.00 #04: !rade Dets
;#22,#56.00< 5: oans and advan)es
;62,524.00< 9: Deposits and short ter% pa&%ents
;#63,264.00< 9#: /nterest 1))red
288,030.00 45: -ther Re)eivales
9#3,30+.00 9: -ther inan)ial 1ssets
;462,+28.00< 6: Cash and an7 'alan)es
(0'.*0'*(2,00 )*7Total C%rre$t Aet
+.'))8'*88,00 )07Total Aet
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2008 & 20** Cha$ 2008 & 20*2 Cha$e
0: 0:
556,0+4.00 #6: #,402,936.00 40: 90,594,#60.00 #42: #56,546,3+3.00 245:
4*'*)0'2-(,00 8-7 2)+'4(4'-04,00 2-(7
8,654,263.00 +#: ##,4#3,84#.00 94:
#,++2,+25.00 ##6: 3,094,+09.00 202:
+,553,840.00 ###: #0,398,6+2.00 #53:
*+'480'828,00 887 2('40+'222,00 *227
;42#,258.00< 2: 4,956,296.00 29:
+58,26#.00 #8: ;#,80#,2#+.00< 43: --+'00-,00 27 9*4'0*.'++2,00: >847
*04'(.8'0.),00 +27 """ >8(7
#5,920,8#9.00 69: #+,+40,6+8.00 +6:
22,##8,856.00 60: 2+,863,464.00 +6:
288,+53.00 4: 2,+33,+#2.00 36: -8'-28'(28,00 )+7 (8'--+'8)(,00 +*7
393,8+6.00 #2: 8#2,5+9.00 26:
#,086,848.00 82: #,+42,5+5.00 #32:
50,6#3.00 46: 23+,4+6.00 2#8:
-4'8)4'+.),00 ))7 )*'*-0'(8(,00 +*7
;2,635,24#.00< #6: ;3,+54,3+2.00< 23:
##0,053.00 +3: 58,+4#.00 39:
3+,206,0#3.00 9#: 9+,390,465.00 239:
399,836.00 #+: 3,265,939.00 #40:
;38,936.00< 6: 305,63#.00 45:
#44,550.00 80: 352,292.00 #95:
820,#52.00 #28: 359,+3#.00 56:
28,238,039.00 2++: 4#,6#3,065.00 408:
5,535,34#.00 6+: ;4,538,859.00< 55:
.4'++4'80+,00 8+7 *-)'0)2'.--,00 *.47
*04'(.8'0.),00 +27 *8.'0**'.*0,00 *227
8/9/2019 Far Hat Abbas
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2008 2004
Salesnet #25,908,304.00 #30,829,5+9.00
Ro&alt& ;#+,320,#8+.00< ;#5,#55,66+.00<-peratin* e"penses ;#9,6#3,345.00< ;22,6+3,893.00<
!ransportation )har*es ;#,4+2,6#5.00< ;#,522,489.00<
Total #perati$ Epe$e 9-8'(0.'*(+,00: """
;ro Pro proft parti)ipation (nd ;4,38+,4##.00< ;4,259,364.00<
Share o( proft in asso)iatenet o( ta"ation 44,680.00 5+,503.00
Pro
8/9/2019 Far Hat Abbas
30/34
20*0 20** 20*2
#42,5+#,863.00 #55,63#,290.00 #9+,838,+26.00
;#6,+28,843.00< ;#+,+03,60#.00< ;23,#23,#+6.00< ;23,+2+,8#8.00< ;32,99+,860.00< ;34,3+9,542.00<
;#,492,26+.00< ;2,20#,339.00< ;2,029,+55.00<
9(*'4(8'428,00: 9)2'402'800,00: """
*00'.22'4-),00 *02'+28'(40,00 """
3,300,2#4.00 3,303,9+#.00 9,660,443.00
;+,902,3+0.00< ;6,62#,+05.00< ;4,04+,++4.00<
;#,598,#6#.00< ;2,233,6+2.00< ;2,200,3#3.00<
;#,2+3,3#2.00< ;#,484,+8#.00< ;#,+#8,65#.00< ;4,660,6+#.00< ;4,+88,53+.00< ;+,004,359.00<
64,##8.00 +8,438.00 8+,2#5.00
88'))2'+)-,00 40'482'20(,00 """
;29,3+5,628.00< ;2+,454,934.00< ;36,#++,239.00<
)4'*++'*2),00 .-')2+'2+0,00 4.'40)')+),00
*-,+. *(,++ 22,)-
re$3 A$ali T
8/9/2019 Far Hat Abbas
31/34
e$3 A$ali
8/9/2019 Far Hat Abbas
32/34
2008 & 2004 Cha$e
Salesnet 4,92#,2+5.00 4:
Ro&alt& 2,#64,520.00 #2:-peratin* e"penses ;3,060,548.00< #6:
!ransportation )har*es ;49,8+4.00< 3:
Total #perati$ Epe$e 94()'402,00: 27
;ro Pro proft parti)ipation (nd #28,04+.00 3:
Share o( proft in asso)iatenet o( ta"ation #2,823.00 29:
Pro
8/9/2019 Far Hat Abbas
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2008 & 20*0 Cha$e
#6,663,559.00 #3: Salesnet
59#,344.00 3: Ro&alt& ;4,##4,4+3.00< 2#: -peratin* e"penses
;#9,652.00< #: !ransportation )har*es
9-')(2'+8*,00: 47Total #perati$ Epe$e
""" *)7;ro Pro proft parti)ipation (nd
#9,438.00 44: Share o( proft in asso)iatenet o( ta"ation
""" *-7Pro
8/9/2019 Far Hat Abbas
34/34
2008 & 20** Cha$e 2008 & 20*2 Cha$e
29,+22,986.00 24: +#,930,422.00 5+:
;383,4#4.00< 2: ;5,802,989.00< 34: ;#3,384,5#5.00< 68: ;#4,+66,#9+.00< +5:
;+28,+24.00< 49: ;55+,#40.00< 38:
""" -87 """ ))7
*)'22.'---,00 *+7 )0'80('04.,00 )87
;56#,565.00< #5: 5,+94,90+.00 #50:
;8,869.00< 0: 2,565,062.00 39:
;985,2#2.00< +9: ;95#,853.00< +6:
3#9,283.00 #00: 3#9,283.00 #00:
;94+,982.00< #++: ;#,#8#,852.00< 220: ;40#,#26.00< 9: ;2,6#6,948.00< 60:
33,+58.00 +6: 42,535.00 95:
*2'.+('800,00 *.7 )('++)'(*0,00 +07
6,5#4,359.00 #9: ;2,20+,946.00< 6:
*4'*84'*)4,00 (-7 )2').+'(.(,00 **47
(,(. (-7 *2,22 **47