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LANDMARK
SPINNING INDUSTRIES LIMITED |
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CASH
FLOW STATEMENT (UN-AUDITED) |
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AS ON |
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31st December |
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31st December |
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2005 |
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2004 |
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Rupees |
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Rupees |
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CASH
FLOWS FROM OPERATING ACTIVITIES |
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(Loss)
before taxation |
(14,866,200) |
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(18,700,198) |
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Adjustment
of non-fund items: |
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Pre-Production
Expenses-Amortized/ Settled |
71,637,767 |
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18,535,616 |
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Depreciation |
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4,404 |
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6,878 |
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Financial
Charges |
1,502 |
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3,620 |
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71,643,673 |
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18,546,114 |
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56,777,473 |
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(154,084) |
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WORKING
CAPITAL CHANGES |
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(Increase)/Decrease
in current assets |
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Advances
& Deposits |
- |
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(1,262,560) |
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Increase/(decrease)
in current liabilities |
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Trade and
Other Payables |
(75,306) |
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(194,083) |
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Cash
generated from operation |
56,702,167 |
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(1,610,727) |
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Financial
Charges Paid |
(1,502) |
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(3,620) |
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Net
cash flow from operating activities |
56,700,665 |
# |
(1,614,347) |
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CASH FLOW FROM FINANCING ACTIVITIES |
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Long term
finance |
(56,998,586) |
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(36,892,796) |
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Long term
loans |
295,882 |
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38,497,162 |
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Net
cash flow from financing activities |
(56,702,704) |
# |
1,604,366 |
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Net Inrease /(decrease) in cash & bank balances |
(2,040) |
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(9,981) |
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Cash and
Balances at the beginning of the period |
80,434 |
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90,755 |
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Cash and
Balances at the end of the period |
78,394 |
# |
80,774 |
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The
annexed notes 1 to 9 form an integral part of these accounts. |
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Akber Ali Hashwani |
Amin A.Hashwani |
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Chief Executive |
Director |
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Place:
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Dated:
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