Statement of Changes in Equity
For the Year ended December 31, 2010

(Rupees in thousand)
 
Share Capital Capital Reserves Revenue reserves Total
Premium on issue of shares Reserves for bonus shares Unappropriate profit
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)
Transfer to reseve for bonus share

-

 - 97,043 (97,043) -
Issue of bonus share 97,043 - (97,043) - -
Transfer to unappropriated profits on account of increamantal depreciation charged during the period net ofdeferred taxation - - - 68,291 68,291
Balance as at December 31,2009

1,593,720

 131,931

-

 2,461,255 4,186,906
Total comprehensive income for the year ended December 31, 2010

-

 - - 189,024 189,024
Final Dividend for the year ended June 30, 2009 @ Rs. 0.95 per preference share

-

 - - (21,093) (21,093)
Transferred to reserve for bonus shares -

-

106,747

 (106,747) -
Issue of bonus shares

106,747

-

(106,747)

 - -
Conversion of preference shares

(32,203)

32,203

-

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

-

-

-

 211,143 211,143
Balance as at December 31, 2010 1,668,264 164,134

-

2,733,582

 4,565,980
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