accounts feb 08 mm alam

8/14/2019 Accounts Feb 08 MM Alam

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PACE (PAKISTAN)

BALANCE SHEET AS A

Note

SHARE CAPITAL AND RESERVES

Authorized capital - -

230,000,000 (November 30, 2006: 230,000,000) ordinary shares of Rs 10 each

Issued, subscribed and paid up capital

148,547,746 (Jun 30,2006: 104,083,558) ordinary shares of Rs 10 each - -

Revaluation reserve for investment property

Reserve for issue of Bonus Shares

Accumulated profit (35,641,891) (35,154,542)

(35,641,891) (35,154,542)

LONG TERM AND DEFERRED LIABILITIES

Long term running finance - secured - -

Liabilities against assets subject to finance lease - -

Deferred liabilities - -

Deferred income - -

Advances against sale of property - -

- -

CURRENT LIABILITIES

Current maturity of long term running finance - -

Current maturity of liabilities against assets - -

subject to finance lease - -

Finances under mark up arrangements - secured - -

Creditors, accrued and other liabilities 1. 55,263,861 54,269,153

55,263,861 54,269,153

CONTINGENCIES AND COMMITMENTS

19,621,970 19,114,611

Chief Executive

PACE (PAKISTAN) LIMITED MM Alam

PROFIT AND LOSS ACCOUNT FOR THE MONTH ENDED FEBRUARY 29, 2008

February2008

January2008

February January


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2,694,818 2,546,091

Cash in hand excluding

credit card sales 83,370 32,651

2,778,188 2,578,742

5. Sales 71,803 72,039

6. Food material consumed

Opening balance 45,772 37,747

Add: Purchases (net) 37,855 50,030

Less: Closing stock (43,920) (45,772)

55% 39,707 42,005

7. Direct cost cloud 9

Salary and wages 30,330.00 35,430.00

Packing material consumed - -

Staff meal expenses (Cloud-9)

6,728.00 10,290.00

Staff uniform - 300.00

Fuel and Power 4,000.00 2,000.00

Repair & Maintainence - 450.00

Printing & Stationery - -

Sales promotion and advertisements

- -

Other expenses 1,495.00 181.00

42,553.00 48,651.00

8. Licensee Income

Uper Ground Floor 34,334.00 32,334.00

Lower Ground Floor 23,133.00 23,133.00

First Floor 110,000.00 110,000.00

Second Floor 33,000.00 13,000.00

Third Floor 25,125.00 14,600.00

Fourth Floor 46,500.00 29,100.00

Fifth Floor 152,697.00 134,542.00

424,789.00 356,709.00

8.1 Less: Discounts

Uper Ground Floor 8,000.00 10,000.00

First Floor 40,000.00 40,000.00

Second Floor 3,500.00 3,500.00

Fifth Floor - -

51,500.00 53,500.00

373,289.00 303,209.00Less: expenses related to the licensees - -

Net licensee income 373,289.00 303,209.00

February2008

January2008


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Period

Year

Company

SALES

3206-01-03-000-00-12050 Sales Cloud 9

3206-01-03-000-00-12052 Credit Cards S

Licensee Income

Upper Ground Floor

3401-01-03-000-00-08151 Minimelts(Zah3401-01-03-000-00-08152 Other License

3401-01-03-000-00-08153 Advantage Pa

Lower Ground Floor

3401-01-03-000-00-08161 Kala Zone (inc

3401-01-03-000-00-08162 Kala Zone (inc

3401-01-03-000-00-08163 Al Jazeera

First Floor

3401-01-03-000-00-08171 Magic Corn op

3401-01-03-000-00-08172 Shop # 126 Fa

3401-01-03-000-00-08173 Umair Ahmed

3401-01-03-000-00-08174 M Abdul Wahe

Second Floor

3401-01-03-000-00-08181 Mohsin Mahm

3401-01-03-000-00-08182 Nadeem Nasir

3401-01-03-000-00-08183 Usman Babu

Third Floor

3401-01-03-000-00-08191 Shop # 314 Li

3401-01-03-000-00-08192 Galaxy Book S

3401-01-03-000-00-08193 Art Gallery

3401-01-03-000-00-08194 M. Ayub

3401-01-03-000-00-08195 Muhammad S

3401-01-03-000-00-08196 Zaid Khan

3401-01-03-000-00-08197 Syed Zulfiqar

Fourth Floor

3401-01-03-000-00-08221 Kinder Karaft


4/104

Admin,Selling and General E

Salaries & Wages and benefits

4502-01-03-000-00-13000 Basic

4502-01-03-000-00-13002 House Rent

4502-01-03-000-00-13003 Utility Allown

4502-01-03-000-00-13004 Leav Fare As

4502-01-03-000-00-13005 Over time

4502-01-03-000-00-13006 Temporary.S

4502-01-03-000-00-13007 Leav Encash

4502-01-03-000-00-13008 Provident Fu

4502-01-03-000-00-13009 Notic pay

4502-01-03-000-00-13010 Social securi4502-01-03-000-00-13011 Gratuity expe

4502-01-03-000-00-13012 Other Emplo

4502-01-03-000-00-13013 House rent

4502-01-03-000-00-13014 Salary Benifi

4502-01-03-000-00-13015 Salary Benifi

4502-01-03-000-00-13016 Medical

4502-01-03-000-00-13018 Staff.uniform

4502-01-03-000-00-13019 Bonus

4502-01-03-000-00-13020 EOBI

Travelling & Entertainment

4511-01-03-000-00-13754 Travelling & 4511-01-03-000-00-13756 Foreign Trav

4511-01-03-000-00-13757 Vehicle Runn

4576-01-03-000-00-13522 Entertainmen

4576-01-03-000-00-13523 Iftar Expense

4576-01-03-000-00-13524 Entertainmen

4511-01-03-000-00-13759 Directors Bo

Insurance

4566-01-03-000-00-13352 Insurance

Printing & Stationery

4586-01-03-000-00-13507 Stationery &

4586-01-03-000-00-13509 Computer st

Telephone & Communication

4556-01-03-000-00-13906 Internet / Ele

4556-01-03-000-00-13904 Postage

4556-01-03-000-00-13908 Mobile Telep

4556-01-03-000-00-13910 Telephone E

Legal & Professional Fee

4551-01-03-000-00-14500 Advocate .Co

4551 01 03 000 00 14502 R t i hi


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Page: 5Date: 07/31/2009 at 08:36:15

Period 8.00 Year 2008Company 7

ASSETS

FEB-08

Total Balance Debit

Store Spares

1201-01-03-000-00-02480 Store Spare 178,267.00 178,267.00

178,267.00 178,267.00

Cloud-9 stock Purchases

1206-01-03-000-00-02490 Ice Cream 8,700.00 8,700.00

1206-01-03-000-00-02492 Dairy 57,898.00 57,898.00

1206-01-03-000-00-02493 Sea Food 6,600.00 6,600.00

1206-01-03-000-00-02495 Beverages 45,659.00 45,659.00

1206-01-03-000-00-02500 Grocery 97,407.00 97,407.00

1206-01-03-000-00-02505 Poultry 47,249.00 47,249.00

1206-01-03-000-00-02510 Fruit and Vegitable 36,328.50 36,328.50

1206-01-03-000-00-02515 Misc. Purchases 14,422.00 14,422.00

1206-01-03-000-00-02525 Delicatessen - -

1206-01-03-000-00-02530 Meat 5,333.00 5,333.00

1206-01-03-000-00-02535 Freight - -

1206-01-03-000-00-02540 Tobaco 150.00 150.00 1206-01-03-000-00-02545 Disposable items 1,956.00 1,956.00

1206-01-03-000-00-02546 Complimentary Sales (2,923.00) -

318,779.50 321,702.50

Advance Deposits Prepayments and other Receivables

Advances to Employees

1406-01-03-000-00-02150 Zulfiqar Ahmed Bajwa (Operation Manager) - -

1406-01-03-000-00-02151 Ahmed Airf - -

1406-01-03-000-00-02152 Salman Khalid - -

1406-01-03-000-00-02153 Zaeem Shahid 13,319.00 13,319.00

13,319.00 13,319.00

Prepaid Expenses

1411-01-03-000-00-02901 Prepaid Expenses 255,563.00 255,563.00

255,563.00 255,563.00

Other Advances

1411-01-03-000-00-03000 Advance for Iftari - -

- -

Advance Tax Deducted

1416-01-03-000-00-03000 Advance Tax U/S 151 By Bank 42.03 42.03 1416-01-03-000-00-03005 Advance Tax U/s 153 Against Services - -

1416-01-03-000-00-03010 Advance Tax U/S 148 Against Import - -

1416-01-03-000-00-03015 Advance Tax u/s 235 Against Wapda Bill 24,000.00 24,000.00

1416-01-03-000-00-03020 Advance Tax u/s 236 Against Ptcl Bill 6,415.00 6,415.00

1416-01-03-000-00-03025 Advance Tax u/s 54 Along With Return - -

1416-01-03-000-00-03030 Final Tax Liability - -

30,457.03 30,457.03

Security deposit

1420-01-03-000-00-01001 Security Deposit - sui Gass 31,000.00 31,000.00

31 000 00 31 000 00


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Page: 6Date: 07/31/2009 at 08:36:17

1471-01-03-000-00-12117 G-016 71,970.00 71,970.00

1471-01-03-000-00-12118 G-017 71,357.00 71,357.00

1471-01-03-000-00-12119 G-018 78,265.00 78,265.00

1471-01-03-000-00-12120 G-019 76,044.00 76,044.00

1471-01-03-000-00-12121 G-020 71,991.00 71,991.00

1471-01-03-000-00-12122 G-021 70,360.00 70,360.00

1471-01-03-000-00-12123 G-022 60,167.00 60,167.00

1471-01-03-000-00-12124 G-023 67,560.00 67,560.00

1471-01-03-000-00-12125 G-024 71,280.00 71,280.00

1471-01-03-000-00-12126 G-025 101,053.00 101,053.00

1471-01-03-000-00-12127 G-026 173,367.00 173,367.00 1471-01-03-000-00-12141 CG-01 16,875.00 16,875.00

1471-01-03-000-00-12142 CG-02 16,875.00 16,875.00

1471-01-03-000-00-12143 CG-03 26,750.00 26,750.00

1471-01-03-000-00-12144 CG-04 21,229.00 21,229.00

1471-01-03-000-00-12145 CG-05 24,375.00 24,375.00

1471-01-03-000-00-12146 CG-06 16,875.00 16,875.00

1471-01-03-000-00-12147 CG-07 14,925.00 14,925.00

1471-01-03-000-00-12148 CG-08 18,125.00 18,125.00

1471-01-03-000-00-12149 CG-09 16,875.00 16,875.00

1471-01-03-000-00-12150 CG-10 16,875.00 16,875.00 2,717,202.00 2,717,202.00

First Floor

1471-01-03-000-00-12161 F-101 337,260.00 337,260.00

1471-01-03-000-00-12162 F-102 112,272.00 112,272.00

1471-01-03-000-00-12163 F-103 90,812.00 90,812.00

1471-01-03-000-00-12164 F-104 110,876.00 110,876.00

1471-01-03-000-00-12165 F-105 94,682.00 94,682.00

1471-01-03-000-00-12166 F-106 101,090.00 101,090.00

1471-01-03-000-00-12167 F-107 89,801.00 89,801.00

1471-01-03-000-00-12168 F-108 105,726.00 105,726.00

1471-01-03-000-00-12169 F-109 94,936.00 94,936.00

1471-01-03-000-00-12170 F-111 118,110.00 118,110.00

1471-01-03-000-00-12171 F-112 75,486.00 75,486.00

1471-01-03-000-00-12172 F-113 147,601.00 147,601.00

1471-01-03-000-00-12173 F-114 82,962.00 82,962.00

1471-01-03-000-00-12174 F-115 75,579.00 75,579.00

1471-01-03-000-00-12175 F-116 - -

1471-01-03-000-00-12176 F-117 80,356.00 80,356.00 1471-01-03-000-00-12177 F-118 93,917.00 93,917.00

1471-01-03-000-00-12178 F-119 134,701.00 134,701.00

1471-01-03-000-00-12179 F-120 239,759.00 239,759.00

1471-01-03-000-00-12180 F-121 - -

1471-01-03-000-00-12181 F-122 - -

1471-01-03-000-00-12182 F-123 76,525.00 76,525.00

1471-01-03-000-00-12183 F-124 127,456.00 127,456.00

1471-01-03-000-00-12184 F-125 117,990.00 117,990.00

1471-01-03-000-00-12185 F-126 - -

1471-01-03-000-00-12186 F-127 179,235.00 179,235.00

1471-01-03-000-00-12187 F-128 - -

1471-01-03-000-00-12188 F-129 102,222.00 102,222.00

1471-01-03-000-00-12189 F-130 111,453.00 111,453.00

2,900,807.00 2,900,807.00

Second Floor

1471-01-03-000-00-12201 S-201 362,250.00 362,250.00

1471-01-03-000-00-12202 S-202 - -

1471-01-03-000-00-12203 S-203 101,382.00 101,382.00

1471-01-03-000-00-12204 S-204 157,549.00 157,549.00

1471-01-03-000-00-12205 S-205 157,414.00 157,414.00

1471-01-03-000-00-12206 S-206 93,990.00 93,990.00

1471-01-03-000-00-12207 S-207 165,807.00 165,807.00

1471-01-03-000-00-12208 S-208 156,884.00 156,884.00

1471-01-03-000-00-12209 S-209 146,511.00 146,511.00

1471-01-03-000-00-12210 S-210 138,872.00 138,872.00

1471-01-03-000-00-12211 S-211 101,340.00 101,340.00

1471-01-03-000-00-12212 S-212 81,204.00 81,204.00

1471-01-03-000-00-12213 S-213 89,430.00 89,430.00

1471-01-03-000-00-12214 S-214 135,240.00 135,240.00

1471 01 03 000 00 12215 S 215 44 965 00 44 965 00


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Page: 7Date: 07/31/2009 at 08:36:18

1471-01-03-000-00-12261 T-301 - -

1471-01-03-000-00-12262 T-302 - -

1471-01-03-000-00-12263 T-303 146,280.00 146,280.00

1471-01-03-000-00-12264 T-304 157,320.00 157,320.00

1471-01-03-000-00-12265 T-305 156,630.00 156,630.00

1471-01-03-000-00-12266 T-306 118,344.00 118,344.00

1471-01-03-000-00-12267 T-307 100,122.00 100,122.00

1471-01-03-000-00-12268 T-308 159,390.00 159,390.00

1471-01-03-000-00-12269 T-309 87,214.00 87,214.00

1471-01-03-000-00-12270 T-310 74,438.00 74,438.00

1471-01-03-000-00-12271 T-311 65,410.00 65,410.00 1471-01-03-000-00-12272 T-312 47,767.00 47,767.00

1471-01-03-000-00-12273 T-313 91,923.00 91,923.00

1471-01-03-000-00-12274 T-314 - -

1471-01-03-000-00-12275 T-315 41,595.00 41,595.00

1471-01-03-000-00-12276 T-316 117,974.00 117,974.00

1471-01-03-000-00-12277 T-317 136,493.00 136,493.00

1471-01-03-000-00-12278 T-318 99,271.00 99,271.00

1471-01-03-000-00-12279 T-319 76,715.00 76,715.00

1471-01-03-000-00-12280 T-320 138,863.00 138,863.00

1471-01-03-000-00-12281 T-321 140,070.00 140,070.00

1471-01-03-000-00-12282 T-322 120,770.00 120,770.00

1471-01-03-000-00-12283 T-323 - -

1471-01-03-000-00-12284 T-324 - -

1471-01-03-000-00-12285 T-325 128,339.00 128,339.00

1471-01-03-000-00-12286 T-326 189,435.00 189,435.00

1471-01-03-000-00-12287 T-327 138,121.00 138,121.00

1471-01-03-000-00-12288 T-328 160,883.00 160,883.00

1471-01-03-000-00-12301 C-301 28,750.00 28,750.00

1471-01-03-000-00-12302 C-302 28,750.00 28,750.00

1471-01-03-000-00-12303 C-303 28,750.00 28,750.00

1471-01-03-000-00-12304 C-304 28,750.00 28,750.00

1471-01-03-000-00-12305 C-305 28,750.00 28,750.00

1471-01-03-000-00-12306 C-306 28,750.00 28,750.00

1471-01-03-000-00-12307 C-307 27,688.00 27,688.00

1471-01-03-000-00-12308 C-308 28,750.00 28,750.00

1471-01-03-000-00-12309 C-309 28,750.00 28,750.00

1471-01-03-000-00-12310 C-310 28,750.00 28,750.00

2,979,805.00 2,979,805.00

Fourth Floor

1471-01-03-000-00-12331 F-401 140,070.00 140,070.00

1471-01-03-000-00-12332 F-402 139,818.00 139,818.00

1471-01-03-000-00-12333 F-403 140,842.00 140,842.00

1471-01-03-000-00-12334 F-404 134,640.00 134,640.00

1471-01-03-000-00-12335 F-405 140,760.00 140,760.00

1471-01-03-000-00-12336 F-406 132,043.00 132,043.00

1471-01-03-000-00-12337 F-407 134,217.00 134,217.00

1471-01-03-000-00-12338 F-408 90,908.00 90,908.00

1471-01-03-000-00-12339 F-409 107,825.00 107,825.00

1471-01-03-000-00-12340 F-410 80,755.00 80,755.00

1471-01-03-000-00-12341 F-411 153,513.00 153,513.00

1471-01-03-000-00-12342 F-412 137,574.00 137,574.00

1471-01-03-000-00-12343 F-413 73,751.00 73,751.00 1471-01-03-000-00-12344 F-414 79,315.00 79,315.00

1471-01-03-000-00-12345 F-415 118,680.00 118,680.00

1471-01-03-000-00-12346 F-416 120,750.00 120,750.00

1471-01-03-000-00-12347 F-417 121,026.00 121,026.00

1471-01-03-000-00-12348 F-418 120,060.00 120,060.00

1471-01-03-000-00-12349 F-419 116,785.00 116,785.00

1471-01-03-000-00-12350 F-420 121,302.00 121,302.00

1471-01-03-000-00-12351 F-421 120,750.00 120,750.00

1471-01-03-000-00-12352 F-422 104,647.00 104,647.00

1471-01-03-000-00-12353 F-423 469,200.00 469,200.00

1471-01-03-000-00-12354 F-424 133,170.00 133,170.00

1471-01-03-000-00-12355 F-425 140,651.00 140,651.00

1471-01-03-000-00-12356 F-426 551,824.00 551,824.00

1471-01-03-000-00-12361 C-401 20,000.00 20,000.00

1471-01-03-000-00-12362 C-402 20,000.00 20,000.00

1471-01-03-000-00-12363 C-403 20,000.00 20,000.00

1471 01 03 000 00 12364 C 404 20 000 00 20 000 00


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Page: 8Date: 07/31/2009 at 08:36:19

1471-01-03-000-00-12402 CL 02 27,168.00 27,168.00

1471-01-03-000-00-12403 CL 03 28,750.00 28,750.00

1471-01-03-000-00-12404 CL 04 28,750.00 28,750.00

1471-01-03-000-00-12405 CL 05 28,750.00 28,750.00

1471-01-03-000-00-12406 CL 06 28,750.00 28,750.00

1471-01-03-000-00-12407 CL 07 28,457.00 28,457.00

1471-01-03-000-00-12408 CL 08 28,750.00 28,750.00

1471-01-03-000-00-12409 CL 09 28,750.00 28,750.00

1471-01-03-000-00-12410 CL 10 28,750.00 28,750.00

1,648,443.00 1,648,443.00

Licensee Fee Receivable

1476-01-03-000-00-04100 Magic Corn open/A 1st Floor Ishaq Khan 110,000.00 110,000.00

1476-01-03-000-00-04101 Licensee R/A Minimelts(Zaheer) G/F 110,000.00 110,000.00

1476-01-03-000-00-04102 Shop # 126 Faisal Aftab Licensee Fee 420,000.00 420,000.00

1476-01-03-000-00-04103 D & B Trading Co. - -

1476-01-03-000-00-04104 Shop # 314 Licensee Raja Asim - -

1476-01-03-000-00-04105 Galaxy Book Shop 301,302 - -

1476-01-03-000-00-04106 Art Galary - -

1476-01-03-000-00-04107 Kinder Karaft - -

1476-01-03-000-00-04108 Mohsin Mahmood 17,500.00 17,500.00

1476-01-03-000-00-04109 Muhammad Abdul Waheed - -

1476-01-03-000-00-04110 Umair Ahmad 100,000.00 100,000.00

1476-01-03-000-00-04111 Sweet Heart Eleganza 178,785.00 178,785.00

1476-01-03-000-00-04112 Advantage Pakistan Ltd (36,666.00) - 1476-01-03-000-00-04113 Kala Zone 10,133.00 10,133.00

1476-01-03-000-00-04114 Al Jazeera - -

1476-01-03-000-00-04115 M. Ayoub - -

1476-01-03-000-00-04116 Muhammad Saleem Khan - -

1476-01-03-000-00-04117 Nadeem Nasir-shop 216 6,000.00 6,000.00

1476-01-03-000-00-04118 Zaid Khan - -

1476-01-03-000-00-04119 Usman Babu 5,000.00 5,000.00

1476-01-03-000-00-04120 Syed Zulfiqar Ali Shah - -

920,752.00 957,418.00

Head Office Pace Current Account

1481-01-03-000-00-04201 Pace Pakistan Limited Head Office C/A (52,613,756.43) - ### -

Others

1481-01-03-000-00-04202 Warid Telecom (Pvt) Ltd (153,000.00) -

1481-01-03-000-00-04203 Standard Chartered Bank ATM (100,000.00) -

1481-01-03-000-00-04204 Pakistan Mobile Communications Limited (Mobilink) (380,000.00) -

1481-01-03-000-00-04205 ABN AMRO Bank Limited (Advance Income) - -

1481-01-03-000-00-04215 Payable against store purchases - -

(633,000.00) -

Cash & Bank Balances

Bank Balance

1601-01-03-000-00-04501 Standard Chartered Bank MM Alam Br 771,450.16 771,450.16

1601-01-03-000-00-04502 Standard Chartered Bank LDA Br - -

1601-01-03-000-00-04503 Standard Chargered Bank A/c NO 18 5288444-01 M M ALA 1,923,367.43 1,923,367.43

2,694,817.59 2,694,817.59

Cash Balance

1611-01-03-000-00-04600 Cash Inhand 54,370.00 54,370.00

1611-01-03-000-00-04601 Cheques Inhand - -

1611-01-03-000-00-04602 Cash Imprest (Petty Cash) 10,000.00 10,000.00

1611-01-03-000-00-04603 Cash Imprest (Repair and maintenance & Sewerage) 19,000.00 19,000.00

1611-01-03-000-00-04605 Rocs In Hand 12,879.00 12,879.00

1611-01-03-000-00-04606 Rocs In Hand-Cloud 9 205.00 205.00

96,454.00 96,454.00 EQUITY


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Page: 9Date: 07/31/2009 at 08:36:20

Creditors Against Supply of Goods and Services

2301-01-03-000-00-07701 Domestic Jenitorial Services (85,000.00) -

2301-01-03-000-00-07702 Sunshine Trading Company (9,353.00) -

2301-01-03-000-00-07703 Vibgyor - -

2301-01-03-000-00-07704 Siemens Pakistan Engg Co. Ltd - -

2301-01-03-000-00-07705 Punjab Light House - -

2301-01-03-000-00-07706 Security Solution (Pvt) Ltd. - -

2301-01-03-000-00-07707 Gascade Fuels (80,846.00) -

2301-01-03-000-00-07708 Deens Caters & Decorators - -

2301-01-03-000-00-07709 Jamil Traders (4,974.00) -

2301-01-03-000-00-07710 Raabta Communication - - 2301-01-03-000-00-07711 Pest Westen (10,000.00) -

2301-01-03-000-00-07712 Blue Line Art (38,400.00) -

2301-01-03-000-00-07713 Heavi Filter Point - -

2301-01-03-000-00-07714 BTL Communication - -

2301-01-03-000-00-07715 National Trading Co - -

2301-01-03-000-00-07716 Oil & Decoration - -

2301-01-03-000-00-07717 Waqar Brothers - -

2301-01-03-000-00-07718 Green Spot (2,500.00) -

2301-01-03-000-00-07719 Compsi (Pvt) Limited - -

2301-01-03-000-00-07720 Bukhari Advertising - -

2301-01-03-000-00-07721 The Wizards - -

2301-01-03-000-00-07722 World Press (Pvt) Ltd. - -

2301-01-03-000-00-07723 Velocity Marketing & Communication - -

2301-01-03-000-00-07724 Worldcall Telecom Limited - Broad Band - - 2301-01-03-000-00-07725 Hafiz Bros Advertisers - -

2301-01-03-000-00-07726 Spectrum Lines - -

2301-01-03-000-00-07727 Daily Times - -

2301-01-03-000-00-07728 Al;-Mashriq Electric Company (6,632.00) -

2301-01-03-000-00-07729 Al-Saim Enterprises - -

2301-01-03-000-00-07730 Makkah Traders - -

2301-01-03-000-00-07731 ARIF PAINT HOUSE - -

2301-01-03-000-00-07732 Awami Building Material Store - -

2301-01-03-000-00-07733 Iqbal Saintery store - -

2301-01-03-000-00-07734 Amjad Auto - -

2301-01-03-000-00-07735 Z.S Enterpries - -

2301-01-03-000-00-07736 Shauket Tubewell Service - -

2301-01-03-000-00-07737 Heavy Filter Point (26,350.00) -

2301-01-03-000-00-07738 Rehman Mill Store - - 2301-01-03-000-00-07739 HBM International - -

2301-01-03-000-00-07740 IM Hardware - -

2301-01-03-000-00-07741 Tariq Brothers - -

2301-01-03-000-00-07742 World Call Telecom Ltd - -

2301-01-03-000-00-07743 Popular Pipes - -

2301-01-03-000-00-07744 KLINS Food (Pvt) Limited - -

2301-01-03-000-00-07745 Qaisar Brothers 62,954.00 62,954.00

2301-01-03-000-00-07746 M A Azhar and Co. (16,897.00) -

2301-01-03-000-00-07747 GTECH Green Technologies (189,362.00) -

(407,360.00) 62,954.00

Licensee Payable

2306-01-03-000-00-07801 Salad King (237,700.00) - 2306-01-03-000-00-07802 Glaxi Book Shop (625.00) -

2306-01-03-000-00-07803 Fantasy Land (17,162.00) -

2306-01-03-000-00-07804 Art Galary 9,220.00 9,220.00

2306-01-03-000-00-07805 Kinder Karaft -4th floor - -

2306-01-03-000-00-07806 Summer Exhibition - -

(246,267.00) 9,220.00

Accrued & Other Liabilities

2331-01-03-000-00-08600 Electricity Expenses Payable (400,000.00) -

2331-01-03-000-00-08602 Telephone Payable (10,000.00) -

2331-01-03-000-00-08604 Water Payable (6,000.00) -

2331-01-03-000-00-08606 Janitorial Services Payable - -

2331-01-03-000-00-08608 Guard & Security Payable - - 2331-01-03-000-00-08614 Sui Gas Payable (4,000.00) -

2331-01-03-000-00-08616 Property Tax Payable - -


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Page: 10Date: 07/31/2009 at 08:36:21

Payable to statutory Authorities

2501-01-03-000-00-09700 Tax Ded. From Salary -

2501-01-03-000-00-09705 Tax Ded.from Supplies of Goods -

2501-01-03-000-00-09710 Tax Ded.From Service Rendered -

2501-01-03-000-00-09715 Turnover Tax -

2501-01-03-000-00-09716 Sales Tax -In Put Account 0.50

2501-01-03-000-00-09717 Sales tax Payable (8,368.00)

(8,367.50) 0

Total Balance Sheet (32,298,827.41) 22,967,95(60,527,318)


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PACE PAKISTAN LIMITED

CASH FLOW STATEMENT FOR MM ALAM ROAD

FOR THE MONTH OF FEBRUARY 29, 2008

Feb-08 Jan-08 Variance

OPERATIONAL ACTIVITIES

INFLOWS

Service Charges 443,471 364,471 79,000

Licensee Fee received 125,755 88,500 37,255Securities Refundable 16,000 34,500 (18,500)

Others 25,000 12,296 12,704

Sale of Salad King 31,160 15,120 16,040

Galaxy Book Shop (301,302) 6,250 16,005 (9,755)

Fantasy Land 417,640 352,810 64,830

Sales Cloud 9 69,293 77,852 (8,559)

Sale of sale based parites 199,000 69,000 130,000

Credit Card Cheques Rvd. 283,689 240,232 43,457

Received from Kala Zone for onward payment to shop owners 59,215 58,462 753

Fund Trasfer From H.O 500,000 (500,000)

Advertising Income (Advantage Pakistan) 12,500 63,000 (50,500)

1,688,973 1,892,248 (203,275)

OUT FLOWS

Payment against store supplies 167,400 127,656 39,744

Payment against Cloud 9 supplies 29,905

Payment against services 61,418 368,492 (307,074)

Payment against utilities 376,673 491,962 (115,289)

Other Payments 44,080 66,883 (22,803)

Advance to contractor (Qaisar) 60,750 - 60,750

Payment Against CC Sales 161,431 143,315 18,116

Payment to Licensee Parties 526,617 376,127 150,490

Advertisement & Promotion - 22,701.00 (22,701)

Payment agast rent to kalazone parites 52,607 52,607 -

General Sales Tax paid 8,646 8,440 206

Advance against iftari Expenses - -

1,489,527 1,658,183 (198,561)

CASH FLOW FROM OPERATIONS 199,446 234,065 (4,714)

FINANCING ACTIVITIES

Long Term Loan Utilized

Union Bank Syndicate - -

Faysal Bank Term Finance - -

Repayment of Long Term Finance - -

Payment of Lease Rentals - -

CASHFLOW FROM FINANCING ACTIVITIES - - -

Net Increase / (Decrease) In cash and cash equivalents 199,446 234,065 (4,714)Cash and cash equivalents - Opening 2,578,742 2,344,677 2384973.4

(40,297)

Cash and cash equivalent - Closing 2,778,188 2,578,742

2,778,188 2,578,742

0 0

Service Charges Movement Feb-08 Jan-08

Opening Balance 14,957,489 15,405,080

Accrual for the month 1,943,679 1,943,679

Total Receivable 16,901,168 17,348,759

Received During the Month (443,471) (364,471)

Adjutment of CC During The Month a) (80,716) (86,997)


12/104

PACE PAKISTAN LIMITED-M M ALAM ROADCASH FLOW STATEMENTFOR THE MONTH OF February, 2008

Note FEB-08

Sales receipts (Gross including GST) 69,293

Add: Amount received against Cloud-9 (CC Adjustment) 13,348 82,64

Payments against cost of sales 1 38,5544,09

Licensee Fee received (Cash) 125,755

Licensee Fee received (CC Adjustment) - Licensse Fee received from kala zone cash/cheque 6,608

Licensee Fee received from kala zone (CC Adjustment) 3,525 Licensee Fee received (Sale Based Parties) 164,065 299,95

Service Charges received (Cash/check) 443,471

Service Charges received (CC Adjustment) 80,059 523,53

Total Operational Cash Receipts 867,57

Less: Payments against direct cost

Store Supplies 2 167,400 Services 3 61,418

Utilities 4 376,673 Other payments 5 60,750 666,24

Gross surplus/(deficit) 201,33

Less Administrative and operating payments 6 44,080 Sales Promotion 7 - 44,08

Cash generated from Operating activities 157,25

Other income receipts 8 37,50194,75

Financial payments Cash Generated/Expended from Operations 194,75

Cash collection on behalf of sales based parties 9 654,050

Less: Licensee Income received 9.1 164,065 Less: payments made to the sale based parties 526,617 (36,63

Cheque received against credit card 10.1 283,68

Less: Amount received against Licensee Fee - Less: Amount received against Service Charges 80,059

Less: Amount received against Cloud-9 13,348

Less: Amount received on behalf of Kala Zone for onward pa 3,525 Less: Payments made against credit cards 10.2 161,431 258,36

25,32


13/104

Period

YearCompany

PACE (PAKISTAN) LIMITED MM AlamLicensee Income variance Analysis Feb'08 Vs Jan'08

Area

Upper Ground Floor Sqft.

3401-01-03-000-00-08151 Minimelts(Zaheer) L/Fee G/F O/Area 30.00

3401-01-03-000-00-08152 Other Licenses Income

3401-01-03-000-00-08153 Advantage Pakistan Limited

Sub Total 30.00

Lower Ground Floor

3401-01-03-000-00-08161 Kala Zone (income from Shop) 135.09

3401-01-03-000-00-08163 Al Jazeera 99.75

Sub Total 234.84

First Floor

3401-01-03-000-00-08171 Magic Corn open/A 1st Floor Ishaq Khan 65.00

3401-01-03-000-00-08172 Shop # 126 Faisal Aftab Licensee Fee 348.27

3401-01-03-000-00-08173 Umair Ahmed 195.22

3401-01-03-000-00-08174 M Abdul Waheed 209.00

Sub Total 817.49

Second Floor

3401-01-03-000-00-08181 Mohsin Mahmood 54.00

3401-01-03-000-00-08182 Nadeem Nasir 200.91

3401-01-03-000-00-08183 Usman Babu 214.75

Sub Total 469.66

Third Floor

3401-01-03-000-00-08191 Shop # 314 Licensee Raja Asim

3401-01-03-000-00-08192 Galaxy Book Shop 301,302 641.00

3401-01-03-000-00-08193 Art Gallery 469.13

3401-01-03-000-00-08194 M. Ayub 195.93

3401-01-03-000-00-08195 Muhammad Saleem Khan 156.00

3401-01-03-000-00-08196 Zaid Khan 54.00


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PACE (PAKISTAN) LIMITED-M M ALAM ROADACTIVITY WISE PROFIT AND LOSS ACCOUNT

For the Month Ending February 29, 2008

Total

SALES (NET) 71,803

39,707

32,096

VARIABLE COST

GROSS PROFIT 32,096

Licensee Income 373,289

Service charges from area sold 973,778

1,347,067

1,379,163MALL OPERATING EXPENSES

Direct Cost Cloud -9 42,553

Salaries, wages and amenities 671,089

Repair and maintenance 261,568

Electricity, gas and other utilities 512,532

Janitorial and Security Charges 81,918

Insurance 70,774

Other expenses 3,435

1,643,869

GROSS PROFIT/(LOSS) (264,706)

ADMIN AND SELLING EXPENSES

Salaries, wages and amenities

Travelling and entertainment 41,385

Telephone Comm. 29,329

Printing and stationery 11,926

Sales promotion and advertisement 271,734

Insurance 1,015

Other expenses

355,389

OPERATING PROFIT/(LOSS) (620,095)

OTHER INCOME 133,046

PFOFIT/(LOSS) BEFORE FINANCIAL CHARGES (487,049)


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FINANCIAL CHARGES 300

PFOFIT/(LOSS) AFTER FINANCIAL CHARGES (487,349)

HEAD OFFICE ALLOCATION

NET PROFIT/(LOSS) (487,349)

BASIS OF ALLOCATION -487349.28

-

AREA

Area Total Saleable Area (Sqft.) 48,751.00

Percentage 100.00%

M.C- I MARGIN CONTRIBUTION (Excluding Cloud Nine)

Total Lic. Income (Margin Cont.) 1,347,067

Percentage 100.00%

M.C-II MARGIN CONTRIBUTION (Including Cloud Nine)

Total Lic. Income (Margin Cont.) 1,379,163

Percentage 100.00%


16/104

Basis of Property Licensees Cloud Nine

Allocation Management Super Market (Other than D&B)

Actual - 71,803

39,707

- - - 32,096

Actual - -

- - - 32,096

Actual - 373,289 -

Actual 973,778 - -

973,778 - 373,289 -

973,778 - 373,289 32,096

Actual 10,728

M.C-I 485,122 - 185,967 30,330

Area 179,215 39,516 37,048 5,789

Area 351,164 77,430 72,594 11,344

Area 56,127 12,376 11,603 1,813

Area 48,491 10,692 10,024 1,566

Actual/M.C- I 1,402 538 1,495

1,121,521 140,014 317,774 63,066

(147,743) (140,014) 55,515 (30,970)

M.C- II 29,220 - 11,201 963

M.C- II 20,708 - 7,938 683

M.C- II 8,421 - 3,228 278

M.C- II 191,862 - 73,548 6,324

M.C- II 717 - 275 24

M.C- II

250,928 - 96,191 8,271

(398,670) (140,014) (40,676) (39,240)

133,046

(398,670) (140,014) 92,370 (39,240)


17/104

300

(398,670) (140,014) 92,070 (39,240)

Area - - - -

(398,670) (140,014) 92,070 (39,240)

Area Sold Sup. Mkt Licensee area Cloud Nine

33,402.00 7,365.00 6,905.00 1,079.00

68.52% 15.11% 14.16% 2.21%

973,778 - 373,289

72.29% 0.00% 27.71%

973,778 - 373,289 32,096

70.61% 0.00% 27.07% 2.33%


18/104


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22/104

PACE (PAKISTAN) LIMITED MM AlamCloud - PNL Analysis Actual Vs. Budgeted (at Break even)

Jan'08 BudgetedRupees Rupees

Sales 71,803 426,930

Cost of goods sold 39,707 55% 234,811 55%

Trading profit/(loss) 32,096 45% 192,118 45%

Direct Cost 63,066

88%

159,118

37%

Gross profit / (Loss) (30,970) 33,000

Operating Expenses 8,271 12% 33,000 8%

Operating Profit/(Loss) (39,240) 0

Other income -

(39,240) 0

Financial charges - -

Other charges

Net Profit/(Loss) (39,240) 0

Notes to the Accounts Jan'08 BudgetedRupees Rupees

Sales (net) 71,803 426,930

Variance cost 39,707 234,811

DIRECT COST Jan'08 BudgetedRupees RupeesDirect cost cloud 9 (salaries) 4,000Salaries, wages and amenities 30,330 60,500

Packing material consumed - 1,000

Staff meal and uniform 6,728 14,000

Cloud 9 consultancy 10,000

Repair and maintenance 5,789 8,000

Printing and stationery -


23/104

Electricity, gas and other utilities 11,344 47,000

Janitorial and Security Charges 1,813 12,000

Property tax - 1,618

Insurance 1,566 3,000

Other expenses 1,495 2,000

63,066 159,118

ADMIN AND SELLING COSTSalaries, wages and amenities - -Travelling and entertainment 963 -Repair and maintenance - 1,000Telephone Comm. 683 1,500Legal and professional charges - -Printing and stationery 278 2,500Sales promotion and advertisemen 6,324 25,000Insurance 24

Rent Rates And Taxes - 2,000

Other expenses - 1,0008,271 33,000


24/104


25/104

Variance Variance RemarksRupees % age

(355,127) -495% reduction in sales is recorded by 259% as per budgeted sales

(195,104) -491% ction in variable cost is 226% this is due, budged margin % age could

(160,022)

(96,053)

(63,970)

(24,729)

(39,240)

(39,240)

-

(39,240)

VarianceRupees

(355,127)

(195,104)

VarianceRupees

(30,170)

(1,000)

(7,272)

(2,211)

-

Direct cost is projected at break even point is 32% of the sales, but itrealized at 64 % at actual


26/104

(35,656)

(10,187)

(1,618)

(1,434)

(505)

(96,053)

-

963

(1,000)

(817)

-

(2,222)

(18,676)

(2,000)

(1,000)

(24,729)


27/104


28/104

not achie

is


29/104


30/104


31/104


32/104

PACE (PAKISTAN) LIMITED MM AlamMonth wise profit and loss account-cloud 9

Sep-07 Oct-07 Nov-07Rupees Rupees Rupees

Sales 118,991 107,948 65,030

Cost of goods sold 46,278 50,667 43,917

Trading profit/(loss) 72,713 57,281 21,113

Direct Cost 78,040 190,092 119,994

Gross profit / (Loss) (5,327) (132,811) (98,881)

Operating Expenses 38,501 18,418 28,023

Operating Profit/(Loss) (43,828) (151,229) (126,904)

Other income - - -

(43,828) (151,229) (126,904)Financial charges - - -

Other charges

Net Profit/(Loss) (43,828) (151,229) (126,904)Accumulated Profit/(loss) C/F (43,828) (195,057)


33/104

(43,828) (195,057) (321,961)

Notes to the Accounts Sep-07 Oct-07 Nov-07Rupees Rupees Rupees

Sales (net) 118,991 107,948 65,030

Variance cost 46,278 50,667 43,917

DIRECT COST

Direct cost cloud 9 (salaries) 78,639

Salaries, wages and amenities 23,757 51,883 51,883Staff meal and uniform 7,645 7,670 7,670Packaging and other consumables 275 - -Repair and maintenance 5,199 3,046 3,615Printing and stationery 880 19,319 19,319Electricity, gas and other utilities 28,571 22,277 29,479Janitorial and Security Charges 4,744 4,528 4,944Property tax - - -Insurance 1,566 - 1,566Crockry Cloud 9 2,760 - -

Other expenses 2,643 2,730 1,51878,040 190,092 119,994

ADMIN AND SELLING COSTSalaries, wages and amenities - - -Travelling and entertainment 1,766 2,422 320Repair and maintenance - - -Telephone Comm. 690 564 215Legal and professional charges - - -Printing and stationery 33 4 28Sales promotion and advertiseme 35,833 15,219 27,372

Insurance 9Rent Rates And Taxes 179 209 79

Other expenses - - -38,501 18,418 28,023


34/104


35/104

Dec-07 Jan-08 Feb-08 TotalRupees Rupees Rupees Rupees

87,534 72,039 71,803 523,345

52,286 42,005 39,707 274,860

-

35,248 30,034 32,096 248,485

108,747 66,939 63,066 626,878

(73,499) (36,905) (30,970) (378,393)

-

7,640 7,571 8,271 108,424

(81,139) (44,476) (39,240) (486,816)

- - - -

(81,139) (44,476) (39,240)(486,816)

- - - -

-

(81,139) (44,476) (39,240) (486,816)(321,961) (403,100) (447,576)


36/104

(403,100) (447,576) (486,816) (486,816)

Dec-07 Jan-08 Feb-08 Total

Rupees Rupees Rupees Rupees

87,534 72,039 71,803 523,345

52,286 42,005 39,707 274,860

-

43,788 2,750 4,000 129,177

38,040 35,430 30,330 231,3236,521 10,290 6,728 46,524

- - 275

3,256 4,067 5,789 24,972

- - 39,518

10,450 9,516 11,344 111,637

5,126 3,139 1,813 24,294

- - -

1,566 1,566 1,566 7,831

- - 2,760

181 1,495 8,567108,747 66,939 63,066 626,878

-

-

- - -

282 930 963 6,684

- - -

383 516 683 3,051

89 115 - 204

56 11 278 410

6,687 5,975 6,324 97,409

15 23 24 71128 - - 595

- - -

7,640 7,571 8,271 108,424


37/104

PACProject

Note

1

2

3

4

5

6

7

8

9

10

1


38/104

2

3

4

5

6

7

8

9

10

Note:


39/104

(PAKISTAN) LTDed Break even analysis Cloud-9 M M Alam Road

DIRECT COSTS


Packing and other consumables

Repairs and maintenance

Electricity, gas and other utilities

Janitorial and security charges

Property tax

Insurance

Other expenses

OPERATING EXPENSES


Travelling and entertainment

Repairs and Maintenance

Telephone and communications

Legal and professional charges

Printing and stationerySales promotion and advertisement

Rent, rates and taxes

Insurance

Other expenses

Total fixed cost

Margin contribution required :

Sales required to meet required margin @ 45% (Per month)

Sales required to meet required margin @ 45% (Per day)

Salaries and wages are accounted for with consultaion with manager operati


40/104

Total saleable area of the plaza is Sqft.

Cloud-9 Area Sqft.

Average repairs of previous months is

Cloud-9 share

say

Electricity exp for Sep 07 is projected at Rs.

Cloud-9 share

sayJanitorial and security charges project for Sep 07 is Rs.

Cloud-9 share

say

Property tax of M M Alam Project is assessed at Rs

Cloud-9 share

Entertainment of Rs 14K is accounted for at 124 E of meal cost of the staff,

so same amount is allocated to this head at MM Alam as well.

Phone and other communication cost of the plaza is about 30K to 35 K

and cloud -9 share is asumed Rs.1,500

Legal and professional charges are accounted for Rs. 10,000/- p.m as

per agreement with Mr. Zubair for consultancy for Cloud 9

Budget for promotional expenses are allocated at Rs 300,000/- for the year

A provision for rate and taxes is provided about 2,000/- per month which cove

any sort of challan etc from food department.

a) The element of sales tax is not included in the above calculations.

b) The element of head office expenses allocation is not included in the abov

c) The depreciation factor is also excluded from the above estimates.

d) The element of complimentary sales is also not included in the above proje


41/104

Basis Rupees

Actual 60,500

1,000

Area 8,000

Area 47,000

Area 12,000

Area 1,618

3,000

M.C 2,000

135,118

M.C -

Actual 14,0001,000

M.C 1,500

Actual 10,000

2,500Actual 25,000

Area 2,000-

1,000

57,000

192,118

192,118

426,930

14,231

ns


42/104

34,650

1,079 3.11%

255,000

7,941

8,000

1,500,000

46,710

47,000378,220

11,778

12,000

51,970

1,618

1,500

10,000

r the

projections

ctions


43/104

Pace Pakistan Limited - M M Alam Road

Detail of Inventories As at February 29, 2008

DescriptionFebruary'08 Januray'08

Rupees Rupees

Store Spare opening balance as at 01-02-08 189,285 174,484

Add Total GRN Purchases 142,787 201,477

Add Total Internal Transfer - -

Less (SIR) Items Issued (153,804) (186,676)

Closing Balance as on February 29, 2008 178,267 189,285

Opening balance break up:

As per stock movement Report 189,285 168,114

Balance from Internal Transfer - 6,370

189,285 174,484

Closing balance break up:

As per stock movement Report 178,267 183,825

Balance from Internal Transfer - 5,460

178,267 189,285

One comb was used during Dec 07 and seven combs were used in Jan 08. The effect of this mov

has been taken in system report by the IT in their revised report generated from system during Jan

178,267

(0)

Note: PVC base comb were transferred from 124 E in Dec 07. The cost of this item is Rs.50 each


44/104

ent

08


45/104

Period

YearCompany

PACE PAKISTAN LIMITED (M M ALAM ROAD)

Balance sheet SchedulesAs at February 29, 2008

1 Creditors, accrued and other liabilities

Trade creditors

Account # Description

2301-01-03-000-00-09001 Sigma Marketing

2301-01-03-000-00-09002 Asif Brothers

2301-01-03-000-00-09003 AJMER SHARIF

2301-01-03-000-00-09004 Sher Baz

2301-01-03-000-00-09005 Quick Food Industries2301-01-03-000-00-09006 Millat Traders

2301-01-03-000-00-09007 Prime Dairies

2301-01-03-000-00-09008 Muhammad Latif

2301-01-03-000-00-09009 Coca Cola Beverages Pakistan Limited

2301-01-03-000-00-09009 Coca Cola Beverages Pakistan Limited

2301-01-03-000-00-09010 Muhammad Shakeel

2301-01-03-000-00-09011 Abdullah Rauf

2301-01-03-000-00-09012 EFF DEE Water Company (PET)

Total Trade Creditors

Licensees/concessionaires payable


2306-01-03-000-00-07801 Salad King

2306-01-03-000-00-07802 Glaxi Book Shop

2306-01-03-000-00-07803 Fantasy Land

2306-01-03-000-00-07804 Art Galary

2306-01-03-000-00-07805 Kalazone1476-01-03-000-00-04112 Advantage Pakistan Ltd

2306-01-03-000-00-07806 Summer Exhibition

1476-01-03-000-00-04109 Muhammad Abdul Waheed

1476-01-03-000-00-04116 Muhammad Saleem Khan

1476-01-03-000-00-04117 Nadeem Nasir-shop 216

1476-01-03-000-00-04118 Zaid Khan


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Total Concessioner Payable

Accrued liabilities


2331-01-03-000-00-08600 Electricity Expenses Payable

2331-01-03-000-00-08602 Telephone Payable

2331-01-03-000-00-08604 Water Payable

2331-01-03-000-00-08606 Janitorial Services Payable

2331-01-03-000-00-08608 Guard & Security Payable

2331-01-03-000-00-08614 Sui Gas Payable

2331-01-03-000-00-08616 Property Tax Payable

2331-01-03-000-00-08624 EOBI Payable

Total Accrued liabilities

Creditors against supply of goods and services


2301-01-03-000-00-07701 Domestic Jenitorial Services

2301-01-03-000-00-07702 Sunshine Trading Company

2301-01-03-000-00-07703 Vibgyor

2301-01-03-000-00-07704 Siemens Pakistan Engg Co. Ltd

2301-01-03-000-00-07705 Punjab Light House

2301-01-03-000-00-07706 Security Solution (Pvt) Ltd.

2301-01-03-000-00-07707 Gascade Fuels

2301-01-03-000-00-07708 Deens Caters & Decorators

2301-01-03-000-00-07709 Jamil Traders

2301-01-03-000-00-07710 Raabta Communication

2301-01-03-000-00-07711 Pest Westen

2301-01-03-000-00-07712 Blue Line Art

2301-01-03-000-00-07713 Heavi Filter Point

2301-01-03-000-00-07714 BTL Communication

2301-01-03-000-00-07715 National Trading Co

2301-01-03-000-00-07716 Oil & Decoration

2301-01-03-000-00-07717 Waqar Brothers2301-01-03-000-00-07718 Green Spot

2301-01-03-000-00-07719 Compsi (Pvt) Limited

2301-01-03-000-00-07720 Bukhari Advertising

2301-01-03-000-00-07721 The Wizards

2301-01-03-000-00-07722 World Press (Pvt) Ltd.

2301-01-03-000-00-07723 Velocity Marketing & Communication

2301-01-03-000-00-07724 Worldcall Telecom Limited - Broad Band


47/104

2301-01-03-000-00-07725 Hafiz Bros Advertisers

2301-01-03-000-00-07726 Spectrum Lines

2301-01-03-000-00-07727 Daily Times

2301-01-03-000-00-07728 Al;-Mashriq Electric Company

2301-01-03-000-00-07729 Al-Saim Enterprises

2301-01-03-000-00-07730 Makkah Traders2301-01-03-000-00-07731 ARIF PAINT HOUSE

2301-01-03-000-00-07732 Awami Building Material Store

2301-01-03-000-00-07733 Iqbal Saintery store

2301-01-03-000-00-07734 Amjad Auto

2301-01-03-000-00-07735 Z.S Enterpries

2301-01-03-000-00-07736 Shauket Tubewell Service

2301-01-03-000-00-07737 Heavy Filter Point

2301-01-03-000-00-07738 Rehman Mill Store

2301-01-03-000-00-07739 HBM International

2301-01-03-000-00-07740 IM Hardware

2301-01-03-000-00-07741 Tariq Brothers

2301-01-03-000-00-07742 World Call Telecom Ltd

2301-01-03-000-00-07743 Popular Pipes

2301-01-03-000-00-07745 Qaisar Brothers

2301-01-03-000-00-07746 M A Azhar and Co.

2301-01-03-000-00-07747 GTECH Green Technologies

Total Creditors against supply of goods and services

Licensee security depositsAccount # Description

2341-01-03-000-00-07801 Shop # 126 Faisal Aftab Security Refundable

2341-01-03-000-00-07802 Minimelts(Zaheer)O/Area G/F security R/A

2341-01-03-000-00-07803 Shop # 314 Raja Asim Security Refundable

2341-01-03-000-00-07804 Magic Corn Open/A 1st F Security Refundable

2341-01-03-000-00-07805 Kinder karaft 4th floor

2341-01-03-000-00-07806 Mohsin Mahmood


2341-01-03-000-00-07808 Umair Ahmad

2341-01-03-000-00-07809 Sweet Heart Eleganza

2341-01-03-000-00-07810 M. Ayub

2341-01-03-000-00-07811 Nadeem Nasir-shop 216

2341-01-03-000-00-07812 Zaid Khan

2341-01-03-000-00-07813 Syed Zulfiqar Ali Shah


48/104

Total Licensee security deposits

Payable to statury body


2501-01-03-000-00-09710 Tax Ded.From Service Rendered

2501-01-03-000-00-09717 Sales tax Payable

2501-01-03-000-00-09705 Tax Ded.from Supplies of Goods

Advance Received From Customer


1471-01-03-000-00-12386 Shop No 06 Lower Gr Floor

Total Advance received from customer

Head Office Current Account


1481-01-03-000-00-04201 Pace Pakistan Limited Head Office C/A

Total H O Current account

Others PayableAccount # Description

2361-01-03-000-00-09530 Shop Owner Credit Card Control A/C

2361-01-03-000-00-03595 Cash office losses

1481-01-03-000-00-04202 Warid Telecom (Pvt) Ltd

1481-01-03-000-00-04203 Standard Chartered Bank ATM

1481-01-03-000-00-04204 Pakistan Mobile Communications Limited (Mobilink)

1481-01-03-000-00-04205 ABN AMRO Bank Limited (Advance Income)

1481-01-03-000-00-04215 Payable against store purchases

2306-01-03-000-00-09006 Rent Payable of shop owners of Kala Zone

1406-01-03-000-00-02152 Salman Khalid

Total other payable

Grand Total (Creditors, accrued and other liabilities


49/104

Advances, deposits, prepayments and other receivableAdvances to employees - considered good


1406-01-03-000-00-02150 Zulfiqar Ahmed Bajwa (Operation Manager)

1406-01-03-000-00-02153 Zaeem Shahid

1406-01-03-000-00-02151 Ahmed Airf

1406-01-03-000-00-02152 Salman Khalid

Total Advances to employees

Advance to other suppliers


2301-01-03-000-00-07725 Hafiz Bros Advertisers

2301-01-03-000-00-09001 Sigma Marketing

2301-01-03-000-00-09002 Asif Brothers

2301-01-03-000-00-07713 Heavi Filter Point

2301-01-03-000-00-07705 Punjab Light House

2301-01-03-000-00-07745 Qaisar Brothers

Security Deposit


1420-01-03-000-00-01001 Security Deposit - sui Gass

Advance Income tax


1416-01-03-000-00-03015 Advance Tax u/s 235 Against Wapda Bill

1416-01-03-000-00-03000 Advance Tax U/S 151 By Bank

1416-01-03-000-00-03020 Advance Tax u/s 236 Against Ptcl Bill

Trade Deposits Prepayments


1411-01-03-000-00-02901 Prepaid Expenses


50/104

Sales tax recoverable


2501-01-03-000-00-09717 Sales Tax -In Put Account

Receivable against service Charges


Upper Ground Floor

1471-01-03-000-00-12100 G-001

1471-01-03-000-00-12101 G-002

1471-01-03-000-00-12102 G-002/A

1471-01-03-000-00-12103 G-003

1471-01-03-000-00-12104 G-004

1471-01-03-000-00-12105 G-005

1471-01-03-000-00-12106 G-006

1471-01-03-000-00-12107 G-007

1471-01-03-000-00-12108 G-008

1471-01-03-000-00-12109 G-009

1471-01-03-000-00-12110 G-010

1471-01-03-000-00-12111 G-011

1471-01-03-000-00-12112 G-012

1471-01-03-000-00-12113 G-0131471-01-03-000-00-12114 G-014

1471-01-03-000-00-12115 G-015

1471-01-03-000-00-12116 G-015/A

1471-01-03-000-00-12117 G-016

1471-01-03-000-00-12118 G-017

1471-01-03-000-00-12119 G-018

1471-01-03-000-00-12120 G-019

1471-01-03-000-00-12121 G-020

1471-01-03-000-00-12122 G-021

1471-01-03-000-00-12123 G-022

1471-01-03-000-00-12124 G-023

1471-01-03-000-00-12125 G-024

1471-01-03-000-00-12126 G-025

1471-01-03-000-00-12127 G-026

1471-01-03-000-00-12141 CG-01

1471-01-03-000-00-12142 CG-02

1471-01-03-000-00-12143 CG-03


51/104

1471-01-03-000-00-12144 CG-04

1471-01-03-000-00-12145 CG-05

1471-01-03-000-00-12146 CG-06

1471-01-03-000-00-12147 CG-07

1471-01-03-000-00-12148 CG-08

1471-01-03-000-00-12149 CG-091471-01-03-000-00-12150 CG-10

First Floor

1471-01-03-000-00-12161 F-101

1471-01-03-000-00-12162 F-102

1471-01-03-000-00-12163 F-103

1471-01-03-000-00-12164 F-104

1471-01-03-000-00-12165 F-105

1471-01-03-000-00-12166 F-106

1471-01-03-000-00-12167 F-1071471-01-03-000-00-12168 F-108

1471-01-03-000-00-12169 F-109

1471-01-03-000-00-12170 F-111

1471-01-03-000-00-12171 F-112

1471-01-03-000-00-12172 F-113

1471-01-03-000-00-12173 F-114

1471-01-03-000-00-12174 F-115

1471-01-03-000-00-12175 F-116

1471-01-03-000-00-12176 F-117

1471-01-03-000-00-12177F-1181471-01-03-000-00-12178 F-119

1471-01-03-000-00-12179 F-120

1471-01-03-000-00-12180 F-121

1471-01-03-000-00-12181 F-122

1471-01-03-000-00-12182 F-123

1471-01-03-000-00-12183 F-124

1471-01-03-000-00-12184 F-125

1471-01-03-000-00-12185 F-126

1471-01-03-000-00-12186 F-127

1471-01-03-000-00-12187 F-128

1471-01-03-000-00-12188 F-129

1471-01-03-000-00-12189 F-130

Second Floor

1471-01-03-000-00-12201 S-201

1471-01-03-000-00-12202 S-202

1471-01-03-000-00-12203 S-203


52/104

1471-01-03-000-00-12204 S-204

1471-01-03-000-00-12205 S-205

1471-01-03-000-00-12206 S-206

1471-01-03-000-00-12207 S-207

1471-01-03-000-00-12208 S-208

1471-01-03-000-00-12209 S-2091471-01-03-000-00-12210 S-210

1471-01-03-000-00-12211 S-211

1471-01-03-000-00-12212 S-212

1471-01-03-000-00-12213 S-213

1471-01-03-000-00-12214 S-214

1471-01-03-000-00-12215 S-215

1471-01-03-000-00-12216 S-216

1471-01-03-000-00-12217 S-217

1471-01-03-000-00-12218 S-218

1471-01-03-000-00-12219 S-219

1471-01-03-000-00-12220 S-220

1471-01-03-000-00-12221 S-221

1471-01-03-000-00-12222 S-222

1471-01-03-000-00-12223 S-223

1471-01-03-000-00-12224 S-224

1471-01-03-000-00-12225 S-225

1471-01-03-000-00-12226 S-226

1471-01-03-000-00-12227 S-227

1471-01-03-000-00-12228 S-228

1471-01-03-000-00-12241 C-201

1471-01-03-000-00-12242 C-2021471-01-03-000-00-12243 C-203

1471-01-03-000-00-12244 C-204

1471-01-03-000-00-12245 C-205

1471-01-03-000-00-12246 C-206

1471-01-03-000-00-12247 C-207

1471-01-03-000-00-12248 C-208

1471-01-03-000-00-12249 C-209

1471-01-03-000-00-12250 C-210

Third Floor

1471-01-03-000-00-12261 T-301

1471-01-03-000-00-12262 T-302

1471-01-03-000-00-12263 T-303

1471-01-03-000-00-12264 T-304

1471-01-03-000-00-12265 T-305

1471-01-03-000-00-12266 T-306


53/104

1471-01-03-000-00-12267 T-307

1471-01-03-000-00-12268 T-308

1471-01-03-000-00-12269 T-309

1471-01-03-000-00-12270 T-310

1471-01-03-000-00-12271 T-311

1471-01-03-000-00-12272 T-3121471-01-03-000-00-12273 T-313

1471-01-03-000-00-12274 T-314

1471-01-03-000-00-12275 T-315

1471-01-03-000-00-12276 T-316

1471-01-03-000-00-12277 T-317

1471-01-03-000-00-12278 T-318

1471-01-03-000-00-12279 T-319

1471-01-03-000-00-12280 T-320

1471-01-03-000-00-12281 T-321

1471-01-03-000-00-12282 T-322

1471-01-03-000-00-12283 T-323

1471-01-03-000-00-12284 T-324

1471-01-03-000-00-12285 T-325

1471-01-03-000-00-12286 T-326

1471-01-03-000-00-12287 T-327

1471-01-03-000-00-12288 T-328

1471-01-03-000-00-12301 C-301

1471-01-03-000-00-12302 C-302

1471-01-03-000-00-12303 C-303

1471-01-03-000-00-12304 C-304

1471-01-03-000-00-12305 C-3051471-01-03-000-00-12306 C-306

1471-01-03-000-00-12307 C-307

1471-01-03-000-00-12308 C-308

1471-01-03-000-00-12309 C-309

1471-01-03-000-00-12310 C-310

Fourth Floor

1471-01-03-000-00-12331 F-401

1471-01-03-000-00-12332 F-402

1471-01-03-000-00-12333 F-403

1471-01-03-000-00-12334 F-404

1471-01-03-000-00-12335 F-405

1471-01-03-000-00-12336 F-406

1471-01-03-000-00-12337 F-407

1471-01-03-000-00-12338 F-408

1471-01-03-000-00-12339 F-409


54/104

1471-01-03-000-00-12340 F-410

1471-01-03-000-00-12341 F-411

1471-01-03-000-00-12342 F-412

1471-01-03-000-00-12343 F-413

1471-01-03-000-00-12344 F-414

1471-01-03-000-00-12345 F-4151471-01-03-000-00-12346 F-416

1471-01-03-000-00-12347 F-417

1471-01-03-000-00-12348 F-418

1471-01-03-000-00-12349 F-419

1471-01-03-000-00-12350 F-420

1471-01-03-000-00-12351 F-421

1471-01-03-000-00-12352 F-422

1471-01-03-000-00-12353 F-423

1471-01-03-000-00-12354 F-424

1471-01-03-000-00-12355 F-425

1471-01-03-000-00-12356 F-426

1471-01-03-000-00-12361 C-401

1471-01-03-000-00-12362 C-402

1471-01-03-000-00-12363 C-403

1471-01-03-000-00-12364 C-404

1471-01-03-000-00-12365 C-405

1471-01-03-000-00-12366 C-406

1471-01-03-000-00-12367 C-407

1471-01-03-000-00-12368 C-408

1471-01-03-000-00-12369 C-409

1471-01-03-000-00-12370 C-410

Lower Ground Floor

1471-01-03-000-00-12381 L 01

1471-01-03-000-00-12382 L 02

1471-01-03-000-00-12383 L 03

1471-01-03-000-00-12384 L 04

1471-01-03-000-00-12385 L 05

1471-01-03-000-00-12386 L 06

1471-01-03-000-00-12387 L 07

1471-01-03-000-00-12388 L 08

1471-01-03-000-00-12389 L 09

1471-01-03-000-00-12390 L 10

1471-01-03-000-00-12391 L 11

1471-01-03-000-00-12392 L 12

1471-01-03-000-00-12393 L 13

1471-01-03-000-00-12394 L 14


55/104

1471-01-03-000-00-12395 L 15

1471-01-03-000-00-12396 L 16

1471-01-03-000-00-12401 CL 01

1471-01-03-000-00-12402 CL 02

1471-01-03-000-00-12403 CL 03

1471-01-03-000-00-12404 CL 041471-01-03-000-00-12405 CL 05

1471-01-03-000-00-12406 CL 06

1471-01-03-000-00-12407 CL 07

1471-01-03-000-00-12408 CL 08

1471-01-03-000-00-12409 CL 09

1471-01-03-000-00-12410 CL 10

Grand Total

Less Discount to shop owners:

Receivable against Licensee Fee


1476-01-03-000-00-04100 Magic Corn open/A 1st Floor Ishaq Khan

1476-01-03-000-00-04101 Licensee R/A Minimelts(Zaheer) G/F

1476-01-03-000-00-04102 Shop # 126 Faisal Aftab Licensee Fee


1476-01-03-000-00-04108 Mohsin Mahmood


1476-01-03-000-00-04110 Umair Ahmad

1476-01-03-000-00-04111 Sweet Heart Eleganza

1476-01-03-000-00-04112 Advantage Pakistan Ltd

1476-01-03-000-00-04115 M Ayoub

1476-01-03-000-00-04113 Kala Zone

2306-01-03-000-00-07804 Art Galary

Less Discount to Licensee parties

Others


1411-01-03-000-00-03000 Advance for Iftari


56/104

1611-01-03-000-00-04605 Rocs In Hand

1611-01-03-000-00-04606 Rocs In Hand-Cloud 9

Grand Total (Advances, deposits, prepayments and other receivables


57/104

8.00 7.00

2008 2008

7 7

Rupees


6,604 8,067 (1,463)- - -- - -

1,114 3,890 (2,776)

6,670 - 6,67013,436 4,497 8,939

- - -- - -- - -- - -- - -

9,947 8,475 1,472- 3,061 (3,061)

-

-

37,771 27,990 9,781


237,700 206,540 31,160625 10,354 (9,729)

17,162 70,230 (53,068)- -

- 14,99536,666 -- -

- 245

- -

- -

- 3,500


58/104

-

292,153 305,864 (31,637)


400,000 325,000 75,00010,000 10,000 -6,000 3,000 3,000

- - -- - -

4,000 4,000 -- - -- - -

420,000 342,000 78,000


85,000 40,000 45,0009,353 9,353 -

- - -- - -- - -- 24,000 (24,000)

80,846 156,456 (75,610)- - -

4,974 - 4,974- - -

10,000 10,000 -38,400 - 38,400

- - -- - -- - -- - -

- - -2,500 2,500 -- - -- - -- - -- - -- - -- - -


59/104


60/104

623,771 607,771 16,000


- -8,368 8,646

- 131

-

8,368 8,777 (409)

Feb-08 Jan-08 Variance-

- 657 (657)

- 657 (657)


52,613,756 51,776,690 837,066

52,613,756 51,776,690 837,066


164,329 148,130 16,199398 331 67

153,000 198,000 (45,000)100,000 125,000 (25,000)380,000 427,500 (47,500)

- - -- - -- 52,607 (52,607)

- 5,526 (5,526)-

797,727 957,094 (159,367)

55,263,860 54,269,152 977,191


61/104


- - -13,319 16,721 (3,402)

- - -- - -

13,319 16,721 (3,402)


- - -- - -- - -

- - -- -

62,954 62,954

-

62,954 - 62,954


31,000 31,000 -

31,000 31,000 -


24,000 22,000 2,00042 42

6,415 5,863 55230,457 27,905 2,552


255,563 494,454 (238,891)


62/104

255,563 494,454


- - -

- -


155,359 143,625 11,73494,354 87,374 6,98085,045 77,625 7,420

84,240 78,000 6,24086,560 85,032 1,52880,405 82,959 (2,554)90,915 85,020 5,895

119,780 112,300 7,480144,210 131,670 12,540128,340 117,180 11,16074,175 67,193 6,98287,885 76,545 11,34094,647 88,541 6,106

80,684 73,567 7,11783,640 73,800 9,84036,721 31,785 4,93687,049 79,048 8,00171,970 63,503 8,46771,357 66,075 5,28278,265 72,958 5,30776,044 71,436 4,60871,991 66,562 5,42970,360 65,525 4,83560,167 59,336 83167,560 62,057 5,50371,280 66,000 5,280

101,053 93,575 7,478173,367 160,525 12,84216,875 15,625 1,25016,875 15,625 1,25026,750 25,250 1,500


63/104

21,229 20,000 1,22924,375 23,125 1,25016,875 15,625 1,25014,925 14,375 55018,125 15,625 2,500

16,875 15,625 1,25016,875 15,625 1,2502,717,202 2,515,316 201,886

-

-

337,260 306,600 30,660112,272 106,363 5,90990,812 84,296 6,516

110,876 97,436 13,44094,682 87,302 7,380

101,090 94,310 6,780

89,801 83,150 6,651105,726 97,546 8,18094,936 88,039 6,897

118,110 101,819 16,29175,486 68,922 6,564

147,601 134,766 12,83582,962 85,674 (2,712)75,579 69,007 6,572

- - -80,356 72,791 7,565

93,917 88,162 5,755134,701 122,988 11,713239,759 221,999 17,760

- - -- - -

76,525 79,825 (3,300)127,456 115,869 11,587117,990 107,730 10,260

- - -179,235 165,945 13,290

- - -

102,222 94,650 7,572111,453 111,312 1412,900,807 2,686,501 214,306

362,250 330,750 31,500- - -

101,382 102,802 (1,420)


64/104

157,549 143,849 13,700157,414 143,726 13,68893,990 86,760 7,230

165,807 151,389 14,418156,884 143,242 13,642

146,511 133,771 12,740138,872 126,796 12,076101,340 95,710 5,63081,204 74,143 7,06189,430 82,697 6,733

135,240 123,480 11,76044,965 43,413 1,552

138,630 126,575 12,055137,771 125,791 11,98077,451 79,603 (2,152)89,580 88,210 1,370

106,574 94,566 12,008137,805 125,822 11,983146,671 133,917 12,754125,800 114,861 10,939251,850 229,950 21,900136,975 124,233 12,742166,850 152,341 14,50996,901 116,718 (19,817)

119,954 112,216 7,73828,750 26,250 2,500

28,750 26,250 2,50028,750 26,250 2,50028,750 26,250 2,50027,500 25,000 2,50022,500 21,250 1,25028,750 26,250 2,50028,750 26,250 2,50028,750 26,250 2,50028,750 26,250 2,5003,945,650 3,663,581 282,069

- - -- - -

146,280 133,560 12,720157,320 143,640 13,680156,630 143,010 13,620118,344 112,007 6,337


65/104

100,122 93,325 6,797159,390 145,530 13,86087,214 81,037 6,17774,438 73,313 1,12565,410 65,409 1

47,767 44,201 3,56691,923 85,220 6,703

- - -41,595 39,445 2,150

117,974 115,528 2,446136,493 124,361 12,13299,271 93,781 5,49076,715 71,165 5,550

138,863 126,788 12,075140,070 127,890 12,180120,770 109,790 10,980

- - -- - -

128,339 115,818 12,521189,435 173,685 15,750138,121 127,002 11,119160,883 146,257 14,62628,750 26,250 2,50028,750 26,250 2,50028,750 26,250 2,50028,750 26,250 2,500

28,750 26,250 2,50028,750 26,250 2,50027,688 25,188 2,50028,750 26,250 2,50028,750 26,250 2,50028,750 26,250 2,5002,979,805 2,753,200 226,605

-

-

140,070 127,890 12,180139,818 127,660 12,158

140,842 128,595 12,247134,640 128,520 6,120140,760 128,520 12,240132,043 120,561 11,482134,217 122,546 11,67190,908 86,775 4,133

107,825 98,449 9,376


66/104

80,755 73,733 7,022153,513 140,164 13,349137,574 125,611 11,96373,751 68,251 5,50079,315 72,418 6,897

118,680 108,360 10,320120,750 110,250 10,500121,026 110,502 10,524120,060 109,620 10,440116,785 110,250 6,535121,302 110,754 10,548120,750 110,250 10,500104,647 109,879 (5,232)469,200 428,400 40,800133,170 121,590 11,580140,651 128,421 12,230551,824 503,840 47,98420,000 17,500 2,50020,000 17,500 2,50020,000 17,500 2,50020,000 17,500 2,50020,000 17,500 2,50020,000 17,500 2,50020,000 17,500 2,50020,000 17,500 2,50020,000 17,500 2,500

20,000 17,500 2,5004,124,876 3,786,809 338,067

-

-

88,574 76,357 12,21784,183 78,060 6,123

105,652 93,406 12,246121,704 110,724 10,98073,227 64,351 8,8763,222 - 3,222

88,794 82,326 6,468

131,790 120,330 11,460116,066 105,746 10,32083,166 75,606 7,560

- - -120,750 110,250 10,500121,976 111,476 10,500104,580 94,124 10,456


67/104

121,009 110,378 10,631- - -

26,875 24,375 2,50027,168 24,668 2,50028,750 26,250 2,500

28,750 26,250 2,50028,750 26,250 2,50028,750 26,250 2,50028,457 25,957 2,50028,750 26,250 2,50028,750 26,250 2,50028,750 26,250 2,5001,648,443 1,491,884 156,559

-

18,316,783 16,897,291 1,419,492

2,909,703 1,939,802

15,407,080 14,957,489


110,000 100,000 10,000110,000 101,000 9,000420,000 360,000 60,000

- - -17,500 10,500 7,000

- -100,000 75,000

178,785 143,028

- - -- -

10,133 62,740 (52,607)9,220 9,220

-

955,638 861,488 94,150

147,500 107,000

808,138 754,488- -


- -


68/104

12,879 18,755 (5,876)205 -

13,084 18,755

-

16,621,595 16,300,812 1,575,7461 (0)


69/104

Period

YearCompany

PACE PAKISTAN LIMITED (M M ALAM ROAD)Profit and Loss Schedules

As at February 29, 2008

Sales Cloud Nine

GL Code Title of Account

3206-01-03-000-00-12050 Sales Cloud 9

3206-01-03-000-00-12052 Credit Cards Sales Cloud 9

Licensee Income

Upper Ground Floor

3401-01-03-000-00-08151 Minimelts(Zaheer) L/Fee G/F O/Area

3401-01-03-000-00-08152 Other Licenses Income

3401-01-03-000-00-08153 Advantage Pakistan Limitdd

Sub Total

Lower Ground Floor/Lower Ground

3401-01-03-000-00-08161 Kala Zone (income from Shop)

3401-01-03-000-00-08163 Al Jazeera

First Floor3401-01-03-000-00-08171 Magic Corn open/A 1st Floor Ishaq Khan

3401-01-03-000-00-08172 Shop # 126 Faisal Aftab Licensee Fee

3401-01-03-000-00-08173 Umair Ahmed

3401-01-03-000-00-08174 M Abdul Waheed

Sub Total


70/104

Second Floor

3401-01-03-000-00-08181 Mohsin Mahmood

3401-01-03-000-00-08182 Nadeem Nasir

3401-01-03-000-00-08183 Usman Babu

Sub Total

Third Floor


3401-01-03-000-00-08192 Galaxy Book Shop 301,302

3401-01-03-000-00-08193 Art Gallery

3401-01-03-000-00-08194 M. Ayub

3401-01-03-000-00-08195 Muhammad Saleem Khan

3401-01-03-000-00-08196 Zaid Khan

3401-01-03-000-00-08197 Syed Zulfiqar Ali Shah

Sub Total

Fourth Floor

3401-01-03-000-00-08221 Kinder Karaft

Sub Total

Fifth Floor

3401-01-03-000-00-08200 Fantasy Land3401-01-03-000-00-08201 Sweet Heart Eleganza

Sub Total

Less: Exepsesn related to Licensse

Total Licensee Income

Less Discount to Licensee Parties

Service Charges

Upper Ground Floor

3601-01-03-000-00-12100 G-001

3601-01-03-000-00-12101 G-002


71/104

3601-01-03-000-00-12102 G-002/A

3601-01-03-000-00-12103 G-003

3601-01-03-000-00-12104 G-004

3601-01-03-000-00-12105 G-005

3601-01-03-000-00-12106 G-006

3601-01-03-000-00-12107 G-0073601-01-03-000-00-12108 G-008

3601-01-03-000-00-12109 G-009

3601-01-03-000-00-12110 G-010

3601-01-03-000-00-12111 G-011

3601-01-03-000-00-12112 G-012

3601-01-03-000-00-12113 G-013

3601-01-03-000-00-12114 G-014

3601-01-03-000-00-12115 G-015

3601-01-03-000-00-12116 G-015/A

3601-01-03-000-00-12117 G-016

3601-01-03-000-00-12118 G-017

3601-01-03-000-00-12119 G-018

3601-01-03-000-00-12120 G-019

3601-01-03-000-00-12121 G-020

3601-01-03-000-00-12122 G-021

3601-01-03-000-00-12123 G-022

3601-01-03-000-00-12124 G-023

3601-01-03-000-00-12125 G-024

3601-01-03-000-00-12126 G-025

3601-01-03-000-00-12127 G-026

3601-01-03-000-00-12141 CG-01

3601-01-03-000-00-12142 CG-02

3601-01-03-000-00-12143 CG-03

3601-01-03-000-00-12144 CG-04

3601-01-03-000-00-12145 CG-05

3601-01-03-000-00-12146 CG-06

3601-01-03-000-00-12147 CG-07

3601-01-03-000-00-12148 CG-08

3601-01-03-000-00-12149 CG-09

3601-01-03-000-00-12150 CG-10

Sub Total

First Floor

3601-01-03-000-00-12161 F-101

3601-01-03-000-00-12162 F-102

3601-01-03-000-00-12163 F-103

3601-01-03-000-00-12164 F-104

3601-01-03-000-00-12165 F-105


72/104

3601-01-03-000-00-12166 F-106

3601-01-03-000-00-12167 F-107

3601-01-03-000-00-12168 F-108

3601-01-03-000-00-12169 F-109

3601-01-03-000-00-12170 F-111

3601-01-03-000-00-12171 F-1123601-01-03-000-00-12172 F-113

3601-01-03-000-00-12173 F-114

3601-01-03-000-00-12174 F-115

3601-01-03-000-00-12175 F-116

3601-01-03-000-00-12176 F-117

3601-01-03-000-00-12177 F-118

3601-01-03-000-00-12178 F-119

3601-01-03-000-00-12179 F-120

3601-01-03-000-00-12180 F-121

3601-01-03-000-00-12181 F-122

3601-01-03-000-00-12182 F-123

3601-01-03-000-00-12183 F-124

3601-01-03-000-00-12184 F-125

3601-01-03-000-00-12185 F-126

3601-01-03-000-00-12186 F-127

3601-01-03-000-00-12187 F-128

3601-01-03-000-00-12188 F-129

3601-01-03-000-00-12189 F-130

Sub Total

Second Floor3601-01-03-000-00-12201 S-201

3601-01-03-000-00-12202 S-202

3601-01-03-000-00-12203 S-203

3601-01-03-000-00-12204 S-204

3601-01-03-000-00-12205 S-205

3601-01-03-000-00-12206 S-206

3601-01-03-000-00-12207 S-207

3601-01-03-000-00-12208 S-208

3601-01-03-000-00-12209 S-209

3601-01-03-000-00-12210 S-2103601-01-03-000-00-12211 S-211

3601-01-03-000-00-12212 S-212

3601-01-03-000-00-12213 S-213

3601-01-03-000-00-12214 S-214

3601-01-03-000-00-12215 S-215

3601-01-03-000-00-12216 S-216

3601-01-03-000-00-12217 S-217


73/104

3601-01-03-000-00-12218 S-218

3601-01-03-000-00-12219 S-219

3601-01-03-000-00-12220 S-220

3601-01-03-000-00-12221 S-221

3601-01-03-000-00-12222 S-222

3601-01-03-000-00-12223 S-2233601-01-03-000-00-12224 S-224

3601-01-03-000-00-12225 S-225

3601-01-03-000-00-12226 S-226

3601-01-03-000-00-12227 S-227

3601-01-03-000-00-12228 S-228

3601-01-03-000-00-12241 C-201

3601-01-03-000-00-12242 C-202

3601-01-03-000-00-12243 C-203

3601-01-03-000-00-12244 C-204

3601-01-03-000-00-12245 C-205

3601-01-03-000-00-12246 C-206

3601-01-03-000-00-12247 C-207

3601-01-03-000-00-12248 C-208

3601-01-03-000-00-12249 C-209

3601-01-03-000-00-12250 C-210

Sub Total

Third Floor

3601-01-03-000-00-12261 T-301

3601-01-03-000-00-12262 T-302

3601-01-03-000-00-12263 T-303

3601-01-03-000-00-12264 T-304

3601-01-03-000-00-12265 T-305

3601-01-03-000-00-12266 T-306

3601-01-03-000-00-12267 T-307

3601-01-03-000-00-12268 T-308

3601-01-03-000-00-12269 T-309

3601-01-03-000-00-12270 T-310

3601-01-03-000-00-12271 T-311

3601-01-03-000-00-12272 T-312

3601-01-03-000-00-12273 T-3133601-01-03-000-00-12274 T-314

3601-01-03-000-00-12275 T-315

3601-01-03-000-00-12276 T-316

3601-01-03-000-00-12277 T-317

3601-01-03-000-00-12278 T-318

3601-01-03-000-00-12279 T-319

3601-01-03-000-00-12280 T-320


74/104

3601-01-03-000-00-12281 T-321

3601-01-03-000-00-12282 T-322

3601-01-03-000-00-12283 T-323

3601-01-03-000-00-12284 T-324

3601-01-03-000-00-12285 T-325

3601-01-03-000-00-12286 T-3263601-01-03-000-00-12287 T-327

3601-01-03-000-00-12288 T-328

3601-01-03-000-00-12301 C-301

3601-01-03-000-00-12302 C-302

3601-01-03-000-00-12303 C-303

3601-01-03-000-00-12304 C-304

3601-01-03-000-00-12305 C-305

3601-01-03-000-00-12306 C-306

3601-01-03-000-00-12307 C-307

3601-01-03-000-00-12308 C-308

3601-01-03-000-00-12309 C-309

3601-01-03-000-00-12310 C-310

Sub Total

Fourth Floor

3601-01-03-000-00-12331 F-401

3601-01-03-000-00-12332 F-402

3601-01-03-000-00-12333 F-403

3601-01-03-000-00-12334 F-404

3601-01-03-000-00-12335 F-405

3601-01-03-000-00-12336 F-406

3601-01-03-000-00-12337 F-407

3601-01-03-000-00-12338 F-408

3601-01-03-000-00-12339 F-409

3601-01-03-000-00-12340 F-410

3601-01-03-000-00-12341 F-411

3601-01-03-000-00-12342 F-412

3601-01-03-000-00-12343 F-413

3601-01-03-000-00-12344 F-414

3601-01-03-000-00-12345 F-415

3601-01-03-000-00-12346 F-4163601-01-03-000-00-12347 F-417

3601-01-03-000-00-12348 F-418

3601-01-03-000-00-12349 F-419

3601-01-03-000-00-12350 F-420

3601-01-03-000-00-12351 F-421

3601-01-03-000-00-12352 F-422

3601-01-03-000-00-12353 F-423


75/104


76/104

Total Service Charges

Less Discount to Shop Owners

Direct Cost Cloud - 9Cost of sales Cloud - 9

3901-01-03-000-00-13148 Basic

3901-01-03-000-00-13149 House Rent

3901-01-03-000-00-13150 Utility Allowances

3901-01-03-000-00-13151 Packing Material Consumed

3901-01-03-000-00-13153 Repair and Maintenance-C-9

3901-01-03-000-00-13154 Repair and Maintenance Equipments C-9

3901-01-03-000-00-13155 Printing and stationery C-93901-01-03-000-00-13156 Crockery C-9

3901-01-03-000-00-13157 Other Expenses C-9

3901-01-03-000-00-13158 Staff Uniform-C9

3901-01-03-000-00-13159 General Sales Tax

3901-01-03-000-00-13160 Staff Food Expenses

3901-01-03-000-00-13161 Advertisement

3901-01-03-000-00-13162 Sui Gass expenses C-9

4806-01-03-000-00-16306 Credit Card Charges C-9

Total Cost of Sales Cloud -9

Mall operating expenses

Salary, Wages & Other Benefits

4501-01-03-000-00-13152 Basic

4501-01-03-000-00-13154 House Rent4501-01-03-000-00-13156 Utility Allowances

4501-01-03-000-00-13158 Leav Fare Assitance

4501-01-03-000-00-13160 Over Time

4501-01-03-000-00-13162 Teporary Staff

4501-01-03-000-00-13164 Leave Encashment

4501-01-03-000-00-13166 Provident Fund


77/104

4501-01-03-000-00-13167 Gratuity

4501-01-03-000-00-13168 Notice Pay

4501-01-03-000-00-13169 Social Security

4506-01-03-000-00-13200 Other Benifits

4506-01-03-000-00-13201 Medical Expenses

4506-01-03-000-00-13222 Bonus4506-01-03-000-00-13223 EOBI

4506-01-03-000-00-13224 Staff Uniform

Insurance

4586-01-03-000-00-13520 Insurance

Fuel and power

4586-01-03-000-00-13501 Electricity Expenses

4586-01-03-000-00-13502 Sui Gas Expenses

4586-01-03-000-00-13503 Water Expenses

4586-01-03-000-00-13504 Petrol Oil Lubricant (Generator)

Repair & Maintanance

4526-01-03-000-00-14000 Repair & Maintanance Building

4526-01-03-000-00-14001 Repair & Maintanance Computers

4526-01-03-000-00-14002 Repair & Maintanance Photocopier

4526-01-03-000-00-14003 Repair & Maintanance Store Electrification

4526-01-03-000-00-14004 Repair & Maintanance Electrical Goods

4526-01-03-000-00-14005 Repair & Maintanance Material4526-01-03-000-00-14006 Repair & Maintanance Machinery & Equipment

4526-01-03-000-00-14007 Repaid & Maintanance Telephone Exchage

4526-01-03-000-00-14008 Repair & Maintanance - Others

4526-01-03-000-00-14009 Repair & Maintanance - Vehicles

4526-01-03-000-00-14010 Repair & Maintanance - Furniture & Fixture

3901-01-03-000-00-13154 Repair and Maintenance Equipments C-9


78/104

Janitorial & Security Expenses

4586-01-03-000-00-13505 Janitorial Expenses4586-01-03-000-00-13511 Cleaning

4586-01-03-000-00-13517 Security Expenses

Other Expenses

4586-01-03-000-00-13508 Newspaper & Preiodicals

4586-01-03-000-00-13512 Others

4586-01-03-000-00-13513 Transportation

4586-01-03-000-00-13514 Gardening & Upkeeps

Total Mall Operating expenses

Administration & Selling Expenses

Traveling & Entertainment

4511-01-03-000-00-13754 Travelling & Conveyance

4511-01-03-000-00-13756 Foreign Travel

4511-01-03-000-00-13757 Vehicle Running

4576-01-03-000-00-13522 Entertainment Office

4576-01-03-000-00-13523 Iftar Expenss

4511-01-03-000-00-13759 Directors Boarding and lodging

4576-01-03-000-00-13524 Entertainment Office Gusts

Insurance

4566-01-03-000-00-13352 Insurance


79/104

Printing & Stationery

4586-01-03-000-00-13507 Stationery & Printing

4586-01-03-000-00-13509 Computer stationery and assessories

Rent Rates and Taxes

4521-01-03-000-00-13950 Rent Rates & Taxes

Telephone & Communication

4556-01-03-000-00-13906 Internet / Electronic Mail

4556-01-03-000-00-13904 Postage

4556-01-03-000-00-13908 Mobile Telephone Charges

4556-01-03-000-00-13910 Telephone Expenses

Legal & Professional Fee

4551-01-03-000-00-14500 Advocate .Consultancy

4551-01-03-000-00-14502 Retainership Fee

4551-01-03-000-00-14504 Fee& subcription4551-01-03-000-00-14506 Technical.Consultancy

4551-01-03-000-00-14508 Consultancy Fee

4551-01-03-000-00-14514 Out of Pocket Expenses

Sales Promotion & Advertisement

4546-01-03-000-00-14400 Advertisement Expenses

4546-01-03-000-00-14402 Television Advertisement

4546-01-03-000-00-14404 New Paper Advertisement

4546-01-03-000-00-14406 Promotional Expenses


80/104

Others

4586-01-03-000-00-13525 Staff Uniform

4586-01-03-000-00-13515 Gust House expenses

Rent Rates & Taxes

4521-01-03-000-00-13950 Rent Rates & Taxes

4521-01-03-000-00-13954 World call Group (Office rent)

Total Administration & Selling Expenses

Financial Charges

4806-01-03-000-00-16300 Bank Charges

OTHER INCOME

Other Income

4801-01-03-000-00-16302 Debit Card Charges

4801-01-03-000-00-16304 Credit Card Charges

4801-01-03-000-00-16305 Telephone Charges on Credit Card

5206-01-03-000-00-18050 Commission Income

5206-01-03-000-00-18051 Transfer Fee

5206-01-03-000-00-18150 Interest Income

5236-01-03-000-00-18250 Advertisement Income

5236-01-03-000-00-18251 Income from Telephone Ext

5236-01-03-000-00-18252 Income From Scrap Sales

5236-01-03-000-00-18253 Announcement Income


81/104

8 7

2008 2008

7 7

February-08 January-08 Variance

Rupees

(58,455.00) (66,996.00) 8,541(13,348.00) (5,043.00) (8,305)

(71,803) (72,039) 236


Rupees

(16,000.00) (16,000.00) -- - -

(18,334.00) (16,334.00) (2,000)

(34,334) (32,334) (2,000)

(10,133.00) (10,133.00) -(13,000.00) (13,000.00) -

(23,133) (23,133) -

(20,000.00) (20,000.00) -(60,000.00) (60,000.00) -(25,000.00) (25,000.00) -(5,000.00) (5,000.00) -

(110,000) (110,000) -


82/104

(7,000.00) (7,000.00) -(6,000.00) (6,000.00)

(20,000.00) -

(33,000) (13,000) (20,000)

- -

(625.00) (1,600.00) 975- - -

(8,000.00) (8,000.00) -(5,000.00) (5,000.00) -(3,500.00) - (3,500)(8,000.00) - (8,000)

(25,125) (14,600) (10,525)

(46,500.00) (29,100.00) (17,400)

-

(46,500) (29,100) (17,400)

(116,940.00) (98,785.00) (18,155)(35,757.00) (35,757.00) -(152,697) (134,542) (18,155)

-

-

(424,789) (356,709) (68,080)

51,500 53,500

(373,289) (303,209)


(22,980.00) (22,980.00) -(13,980.00) (13,980.00) -


83/104

(12,420.00) (12,420.00) -(12,480.00) (12,480.00) -(12,589.00) (12,589.00) -(12,546.00) (12,546.00) -(12,540.00) (12,540.00) -

(12,480.00) (12,480.00) -(12,540.00) (12,540.00) -(11,160.00) (11,160.00) -(8,820.00) (8,820.00) -

(11,340.00) (11,340.00) -(12,206.00) (12,206.00) -(11,953.00) (11,953.00) -(9,840.00) (9,840.00) -(4,936.00) (4,936.00) -(8,001.00) (8,001.00) -(8,467.00) (8,467.00) -

(10,571.00) (10,571.00) -(10,620.00) (10,620.00) -(10,583.00) (10,583.00) -(10,650.00) (10,650.00) -(10,650.00) (10,650.00) -(8,831.00) (8,831.00) -

(10,116.00) (10,116.00) -(10,560.00) (10,560.00) -(14,972.00) (14,972.00) -(25,684.00) (25,684.00) -

(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -

(359,515) (359,515) -

(30,660.00) (30,660.00) -(11,818.00) (11,818.00) -(13,516.00) (13,516.00) -(13,440.00) (13,440.00) -(13,380.00) (13,380.00) -


84/104

(13,560.00) (13,560.00) -(13,304.00) (13,304.00) -(13,642.00) (13,642.00) -(13,932.00) (13,932.00) -(16,291.00) (16,291.00) -

(6,564.00) (6,564.00) -(12,835.00) (12,835.00) -(11,712.00) (11,712.00) -(6,572.00) (6,572.00) -

- - -(11,565.00) (11,565.00) -(11,755.00) (11,755.00) -(11,713.00) (11,713.00) -(35,520.00) (35,520.00) -

- - -- - -

(11,700.00) (11,700.00) -(11,587.00) (11,587.00) -(10,260.00) (10,260.00) -

- - -(26,540.00) (26,540.00) -

- - -(15,144.00) (15,144.00) -(14,681.00) (14,681.00) -(351,691) (351,691) -

(31,500.00) (31,500.00) -- - -

(14,580.00) (14,580.00) -(13,700.00) (13,700.00) -(13,688.00) (13,688.00) -(14,460.00) (14,460.00) -(14,418.00) (14,418.00) -(13,642.00) (13,642.00) -(12,740.00) (12,740.00) -

(12,076.00) (12,076.00) -(11,260.00) (11,260.00) -(7,061.00) (7,061.00) -

(13,466.00) (13,466.00) -(11,760.00) (11,760.00) -(5,552.00) (5,552.00) -

(12,055.00) (12,055.00) -(11,980.00) (11,980.00) -


85/104

(13,153.00) (13,153.00) -(12,628.00) (12,628.00) -(12,008.00) (12,008.00) -(11,983.00) (11,983.00) -(12,754.00) (12,754.00) -

(10,939.00) (10,939.00) -(21,900.00) (21,900.00) -(12,742.00) (12,742.00) -(14,509.00) (14,509.00) -(14,908.00) (14,908.00) -(15,478.00) (15,478.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(391,940) (391,940) -

- - -- - -

(12,720.00) (12,720.00) -(13,680.00) (13,680.00) -(13,620.00) (13,620.00) -(12,797.00) (12,797.00) -(12,797.00) (12,797.00) -(13,860.00) (13,860.00) -(12,277.00) (12,277.00) -(8,125.00) (8,125.00) -

(10,063.00) (10,063.00) -(7,072.00) (7,072.00) -

(13,440.00) (13,440.00) -- - -(5,150.00) (5,150.00) -

(12,120.00) (12,120.00) -(12,132.00) (12,132.00) -(11,040.00) (11,040.00) -(11,100.00) (11,100.00) -(12,075.00) (12,075.00) -


86/104

(12,180.00) (12,180.00) -(10,980.00) (10,980.00) -

- - -- - -

(12,521.00) (12,521.00) -

(15,750.00) (15,750.00) -(16,620.00) (16,620.00) -(14,626.00) (14,626.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(2,500.00) (2,500.00) -(301,745) (301,745) -

(12,180.00) (12,180.00) -(12,158.00) (12,158.00) -(12,247.00) (12,247.00) -(12,240.00) (12,240.00) -(12,240.00) (12,240.00) -

(11,482.00) (11,482.00) -(11,671.00) (11,671.00) -(8,264.00) (8,264.00) -(9,376.00) (9,376.00) -(7,022.00) (7,022.00) -

(13,349.00) (13,349.00) -(11,963.00) (11,963.00) -(6,500.00) (6,500.00) -(6,897.00) (6,897.00) -

(10,320.00) (10,320.00) -

(10,500.00) (10,500.00) -(10,524.00) (10,

accounts feb 08 mm alam

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