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LANDMARK SPINNING INDUSTRIES LIMITED.
CASH FLOW STATEMENT
FOR THE PERIOD ENDED JUNE 30,  2005
						for the Period		for the year Ended
						Ended June 30,		September 30,
					NOTE	2005		2004
A. CASH FLOW FROM OPERATING ACTIVITIES						RUPEES
( Loss) before taxation						(43,579,244)		(17,226,188)
Adjustment of non-fund items:
Pre-Production Expenses-Amortised						43,249,772		16,476,103
Depreciation						7,252		10,998
Financial Charges						(2,793)		(338,002)
						43,254,231		16,149,099
						(325,013)		(1,077,089)
Working capital charges
(INCREASE)/DECREASE IN CURRENT ASSETS:
Loan and Advance						-		(7,926)
Deposits and Prepayments						-		-
						-		(7,926)
INCREASE/(DECREASE) IN CURRENT LIABILITIES:
Repayment of Short Term Cash Finance						-		(7,270,235)
Trade and Other Payables						(4,716,372)		(5,774,038)
						(4,716,372)		(13,044,273)
						(5,041,385)		(14,129,288)
Financial Cost Paid						2,793		338,002
NET CASH GENERATED FROM OPERATING ACTIVITIES						(5,038,592)		(13,791,286)
B. CASH FLOW FROM INVESTING ACTIVITIES
Long term deposits						-		50,000
NET CASH GENERATED FROM IN INVESTING ACTIVITIES						-		50,000
C. CASH FLOW FROM FINANCING ACTIVITIES
Long term loans						28,648,797		41,643,405
Repayment of Long Term Finance						(23,610,999)		(27,906,771)
Net cash flow from from investing activities						5,037,798		13,736,634
NET INCREASE/(DECREASE) IN CASH & BANK BALANCES(A+B+C)						(794)		(4,652)
Cash and bank balanaces at the beginning of the year						81,228		85,880
CASH AND BANK BALANCES AT THE END OF THE YEAR					8	80,434		81,228
The annexed notes form an integral part of these account
Note: Current period's figures are for the nine months as described in note no. 2 of these financial statements, previous year's figures are for the whole year.
AKBAR ALI HASHWANI					AMIN A. HASHWANI
(Chief Executive)					(Director)
Karachi
Dated:29th September 2005
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