LANDMARK SPINNING INDUSTRIES LIMITED.
CASH FLOW STATEMENT
FOR THE YEAR ENDED JUNE 30,  2007
						2007		2006
						RUPEES
					NOTE
A. Cash Flow From Operating Activities
( Loss) before taxation						(800,637)		(15,710,990)
Adjustment of non-fund items:
Pre-Production Expenses-Amortised/Adjusted						-		72,082,953
Depreciation						#REF!		8,807
Financial Charges						3,401		2,252
						#REF!		72,094,012
						#REF!		56,383,023
Working capital charges
(Increase)/Decrease in Current Assets
Loan and Advance						232,800		51,188
Increase /(Decrease) In Current Liabilities
Trade and Other Payables						(238,154)		(1,853,382)
						(5,354)		(1,802,194)
						#REF!		54,580,829
Financial Cost Paid						(3,401)		(2,252)
Income tax Paid /adjusted						(232,800)		-
Net Cash Generated from Operating Activities						#REF!		54,578,577
B. Cash Flow from Investing Activities
Long term deposits						25,000		-
Net Cash Generated from Investing Activities						25,000		-
C. Cash flow from financing Activities
Long term loans						1,006,067		2,413,370
Waiver of loan/markup/ Repayment of Long Term Finance						-		(56,998,586)
Net cash flow from  investing activities						1,006,067		(54,585,216)
Net Increase/(Decrase) in cash and Bank Balances (A+B+C)						#REF!		(6,640)
Cash and bank balances at the beginning of the year						73,794		80,434
Cash and Bank Balances at the end of the year					12.	#REF!		73,794
The annexed notes form an integral part of these account
AKBAR ALI HASHWANI					AMIN A. HASHWANI
(Chief Executive)					(Director)
Karachi
Dated: