LANDMARK SPINNING INDUSTRIES LIMITED
BALANCE  SHEET
AS AT JUNE 30, 2007.
						June 30,				June  30,
						2007				2006
				Note		RUPEES
NON CURRENT ASSETS
FIXED ASSETS
Property, Plant and Equipments				7.		#REF!				#REF!
Long term Deposits				8.		25,000				50,000
Un-allocated Preproduction expenditure				9.		-				-
CURRENT ASSETS
Loan and Advances				10.		38,688				271,488
Trade Deposits and Prepayments				11.		474,980				474,980
Cash and Bank Balances				12.		73,843				73,794
						587,511				820,262
CURRENT LIABILITIES
Trade and Other Payables				13.		1,493,728				1,731,882
Provision for Taxation - net						-				232,800
						1,493,728				1,964,682
						(906,217)				(1,144,420)
Contingencies and Commitments				14.
						#REF!				#REF!
SHAREHOLDERS EQUITY AND LIABILITIES
SHARE CAPITAL
Authorised Capital
15,000,000 (2006: Rs. 15,000,000) Ordinary
Shares of Rs.10/-each						150,000,000				150,000,000
Issued subscribed and Paid up Capital
12,123,700 (2006: 12,123,700) Ordinary Shares
of Rs. 10/- each fully paid in cash				15.		121,237,000				121,237,000
Accumulated Loss						(167,310,361)				(166,509,724)
						(46,073,361)				(45,272,724)
NON CURRENT LIABILITIES
Long term Finance - Secured				16.		-				-
Long term Loans - Unsecured, Interest Free				17.		198,054,533				197,048,466
						151,981,173				151,775,742
The annexed notes form an integral part of these financial statements.
AKBER ALI HASHWANI						AMIN A. HASHWANI
(Chief Executive)						(Director)
Karachi
Dated: