| LANDMARK SPINNING INDUSTRIES LIMITED CASH FLOW STATEMENT (UN-AUDITED) FOR THE 3RD QUARTER ENDED 31ST March 2007 |
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|
JULY TO MARCH |
JULY TO |
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|
2007 |
2006 |
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|
Rupees |
Rupees |
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A. CASH FLOWS FROM OPERATING ACTIVITIES |
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(Loss) before taxation |
(430,474) |
(15,113,092) |
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Adjustment of non-fund items: |
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Pre-Production Expenses-Amortized |
- |
71,860,362 |
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Depreciation |
5,828 |
6,603 |
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Financial Charges |
1,150 |
1,602 |
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6,978 |
71,868,567 |
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(423,496) |
56,755,475 |
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WORKING CAPITAL CHANGES |
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(Increase)/Decrease in current assets |
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| Loan and Advance | 232,800 |
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| Deposits & Prepayments | - |
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|
232,800
|
-
|
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Increase/(decrease) in current liabilities |
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| Trade and Other Payables | (8,365) |
(134,278) |
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Provision for Taxation |
(232,800) |
- |
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(241,165)
|
(134,278) |
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(431,861)
|
56,621,197 |
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| Financial Cost Paid | (1,150) |
(1,602) |
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Net Cash generated from operating Activities |
(433,011) |
56,619,595 |
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B. CASH FLOW FROM INVESTING ACTIVITIES |
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Long term deposits |
25,000 |
- |
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| Net cash flow from investing activities | 25,000 |
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C. CASH FLOW FROM FINANCING ACTIVITIES |
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Long term finance |
- |
(56,998,586) |
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| Long term loans | 410,110 |
(383,001) |
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| Net cash flow from financing activities | 410,110 |
(56,615,585) |
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|
|
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Net Inrease /(decrease) in cash & bank balances (A+B+C) |
2,099 |
4,010 |
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Cash and Balances at the beginning of the period |
73,794 |
80,4344 |
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Cash and Balances at the end of the period |
75,893 |
84,4444 |
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Akber Ali Hashwani |
Amin A.Hashwani |
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Chief Executive |
Director |
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Place: Karachi |
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Dated: April 27, 2007 |
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