Statement of Changes in Equity
For the Six months period ended ended December 31, 2009

(Rupees in thousand)
 
Share Capital Capital Reserves Revenue reserves Total
Premium on issue of shares Reserves for bonus shares Unappropriate profit
Balance as at July 01, 2008

1,496,677

 131,931

-

 2,074,013 3,702,621
Total comprehensive income for the year ended June 30, 2009

-

 - - 260,546 260,546
Final dividend for the year ended June 30, 2009 @ Rs. 0.95 per preference share

-

 - - (49,994) (49,994)
Transfer to unappropriated profits on account of incremental depreciation charged during the year net of deferred taxation

-

 - - 94,185 94,185
Balance as at June 30, 2009

1,496,677

 131,931

-

 2,378,750 4,007,358
Total comprehensive income for the six months period ended December 31, 2009

-

 - - 161,251 161,251
Final Dividend for the year ended June 30, 2009 @ Rs. 0.95 per preference share

-

 - - (49,994) (49,994)
Transferred to reserve for bonus shares -

-

97,043

 (97,043) -
Issue of bonus shares

97,043

-

(97,043)

 - -
Transfer to unappropriated profits on account of incremental depreciation charged during the period - net of deferred taxation

-

-

-

 68,291 68,291
Balance as at December 31, 2009 1,593,720 131,931

-

2,461,255

 4,186,906
The annexed notes 1 to 48 form an integral part of these financial statements.

NASEEM SAIGOL
Chairman / Chief Executive Officer

HAROON A. KHAN
Managing Director