financial-information

Financial Information

 

 

 

 

 

Financial Highlights

Amount in PKR. millions
Profit & Loss 2017 2016 2015 2014 2013 2012
Sales       39,904       32,275       33,355       33,013       30,243       24,945
Gross profit         7,046         7,306         6,094         5,976         4,751         3,512
Operating profit         1,686         2,245         2,118         2,659         2,120         1,400
Profit / (loss) before tax            809         1,335            783         1,496            852            (1)
Profit / (loss) after tax              –         1,141              –         1,235            711          (240)
Cash dividend            356            555            343              81              –              –
Bonus shares              –              –              –            457            305              –
Balance Sheet
Property, plant and equipment       15,969       12,050         9,039         8,210         7,132         6,829
Intangible              78              13              11              20              23              27
Long term investment, loans,
advances and deposits            291            236            165            151            112            109
Net current assets         2,044         1,394           756           890           666          (98)
Total assets employed       18,382       13,693         9,971         9,271         7,933         6,867
Represented by:
Share capital         3,565         2,971         2,285         1,828         1,523         1,270
Reserves         7,349         5,746         4,884         4,832         3,905         3,203
Shareholders’ equity       10,914         8,717         7,169         6,660         5,428         4,473
Long term loans         7,146         4,630         2,408         2,239         2,155         2,096
Deferred liabilities            322            345            394            372            350            298
Total capital employed       18,382       13,692         9,971         9,271         7,933         6,867
Cash Flow Statement
Operating activities 2,116 (2,085) 670 2,090 (161) 3,497
Investing activities (5,320) (4,159) (1,783) (1,833) (1,068) (920)
Financing activities 4,097 2,407 108 217 210 (70)
Cash and cash equivalents at
the end of the year (11,665) (12,559) (8,721) (7,715) (8,188) (7,169)

 

Financial Ratios 2017 2016 2015 2014 2013 2012
Profitabiltiy ratios
Gross profit ratio 17.66 22.64 18.27 18.10 15.71 14.02
Operating leverage ratio (1.05) (1.86) (19.65) 2.77 2.56 23.48
EBITDA margin to sales 8.19 10.49 9.28 10.66 9.59 8.53
Net profit to sales 2.05 3.54 1.81 3.74 2.35 (0.96)
Return on equity 8.34 14.37 8.75 20.43 14.36 (5.23)
Return on capital emplyed 18.35 18.97 22.01 30.91 28.65 19.90
Liquidity ratios
Current ratio 1.11 1.08 1.05 1.06 1.05 0.99
Quick / acid test ratio 0.37 0.26 0.24 0.20 0.27 0.24
Cash to current liabilities 0.01 0.02 0.01 0.01 0.01 0.01
Cash flow from operations to sales 0.05 (0.06) 0.02 0.06 (0.01) 0.14
Capital structure ratios
Financial leverage ratio 1.81 2.06 1.67 1.62 2.03 2.25
Weighted average cost of debt 0.04 0.04 0.09 0.10 0.11 0.11
Debt to equity ratio 0.65 0.53 0.34 0.34 0.40 0.47
Interest cover ratio 1.92 2.47 1.59 2.29 1.67 0.98
Turnover ratios
Inventory turnover 146 184 155 145 122 151
Inventory turnover ratio 2.50 1.99 2.35 2.52 3.00 2.41
Debtor turnover 26 24 18 22 28 30
Debtor turnover ratio 13.98 15.09 20.33 16.76 13.01 12.15
Creditors turnover 84 120 118 126 100 86
Creditors turnover ratio 4.38 3.38 3.10 2.91 3.64 4.23
Fixed assets turonver ratio 2.50 2.68 3.69 4.02 4.24 3.65
Total assets turnover ratio 1.09 1.00 1.34 1.36 1.43 1.41
Operating cycle 88 88 55 41 49 95
Investor information
Earnings per share 2.50 *3.92 2.30 5.40 3.21 (1.12)
Price earning ratio 16.36 *9.23 18.53 11.85 7.39 (18.87)
Price to book ratio 0.40 *0.33 0.45 0.48 0.17 0.15
Dividend yeild ratio 0.02 0.03 0.03 0.02
Cash dividend per share 1.00 1.00 1.50 1.50
Bonus shares issued 25 20
Dividend payout ratio 0.40 0.26 0.65 0.28
Dividend cover ratio 2.50 3.92 1.77 4.50
Break – up value per share 33.40 29.93 31.37 29.14 27.41 25.90
Market value per share
at the end of the year 40.98 36.19 49.05 64.01 23.74 21.11
high during the year. 61.2 53.2 73.25 72.35 27.64 64.29
low during the year 36.00 32.99 44.65 20.50 19.16 16.05
EBITDA 3,267 3,371 3,094 3,519 2,900 2,129
* Restated based on number of shares outstanding as on June 30, 2017.