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LANDMARK SPINNING INDUSTRIES LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED JUNE 30, 2006
Notes July  01, 2005 to June 30, 2006 October 01, 2004 to June  30, 2005
 (Rupees) 
SALES - Net                   --                     --  
COST OF SALES                   --                     --  
GROSS PROFIT                   --                     --  
Operating Expenses
Administrative and General Expenses 18.           624,371           326,679
OPERATING LOSS           624,371           326,679
#REF!
Finance Cost 19.               2,252               2,793                --  
   
          626,623           329,472
Amortisation of Pre-Production Expenses 9.      72,082,953      43,249,772
Extra Ordinary item    
Adjustment of Bank  Loan 16.3.    (56,998,586)                   --  
     15,084,367      43,249,772
(LOSS) BEFORE TAXATION    (15,710,990)    (43,579,244)   56,998,586
Taxation
- Current 20.                   --                     --  
- Prior                   --                     --  
                  --                     --  
   
(LOSS) AFTER TAXATION    (15,710,990)    (43,579,244)
UNAPPROPRIATED LOSS BROUGHT FORWARD  (150,798,735)  (107,219,491)
   
UNAPPROPRIATED LOSS CARRIED FORWARD  (166,509,725)  (150,798,735)
Earning Per Share - Basic 21.               (1.30)               (3.59)
The annexed notes form an integral part of these accounts.
AKBAR ALI HASHWANI
AMIN A. HASHWANI
(Chief Executive) (Director)
Karachi
Dated:
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