DOCSLIB.ORG

Annual Report 2020 A

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

evolve | adapt grow annual report 2020 a Head Office nnual report | 12th Floor, Ocean Tower, G-3, Block 9, Clifton, Khayaban-e-Iqbal, Karachi - 75600 PABX : +92-21-35166863-64 UAN : 111 411 411 www.engropolymer.com 2020 evolve | adapt | grow Plant EZ/1/P-ii-1, Eastern Zone, Bin Qasim, Karachi. annual report 2020 Engro Polymer & Chemicals is proud to present its annual report for the year 2020. This report focuses on stakeholder information, corporate governance, the directors’ report and financial statements for the year ended December 31, 2020. For any feedback, suggestions or queries kindly contact the following: Syed Abbas Raza Chief Financial Officer [email protected] Syed Sajid Hafeez Business Analyst [email protected] Anoosha Naushad Assistant Manager Accounting and Reporting [email protected] Alina Zuberi Assistant Manager Corporate Communications [email protected] This report is also available on our website: www.engropolymer.com about the theme 3. Governance • Best practices on corporate reporting promoted by joint our theme adopted framework committee of Institute of Chartered Accountants of Covers EPCL’s governance structure with Pakistan (ICAP) and Institute of Cost and Management EPCL believes in being in a constant state of evolution that the profiles of our board, management This Report has been prepared in compliance with the requires quick adaptation skills in order to achieve long-term following frameworks: Accountants of Pakistan (ICMAP) and South Asian committee, the director’s report along with the reviews Federation of Accountants (SAFA). growth for the organization and consequently for our people of the Chairman and CEO. • International Financial Reporting Standards (IFRSs) and our nation! issued by the International Accounting Standards Board Where provisions of and directives issued under the Act differ from the IFRSs, the provisions of and directives This past year, we managed to resiliently remain on course, 4. External Environment & EPCL (IASB) as notified under the Companies Act, 2017 (the showed agility and adaptation that paved way for Act); issued under the Act have been followed. successes, despite the challenges that the pandemic Assess EPCL in terms of the domestic • Provision of and directives issued under the Companies posed. We also made considerable strides in the past year market, thereby analyzing its current Act, 2017. and accomplished the completion of PVC III in March 2021, positioning along with the assessment of risks and approval of the board marking new growth opportunities for the many years to opportunities. come. • Reporting requirements of the listed companies Code of The Board of Directors of Engro Polymer & Chemicals Corporate Governance, 2019 and listing regulations of Limited acknowledges its responsibility to ensure the Hence, this Annual Report is in celebration of that journey, 5. Sustainability & Corporate Pakistan Stock Exchange. integrity of this Annual Report. The Directors’ Report and and in celebration of our aim of taking our people and our financial statements included in the report have been nation along with us. Social Responsibility approved by the Board for circulation in its meeting held on We will cover various initiatives undertaken February 10, 2021. aim and scope by EPCL under the ambit of corporate social responsibility and its alignment with the UN’s Our Annual Report for 2020 aims to present itself as a external review sustainable development goals. consolidated document that gives a bird’s eye view of the company’s portfolio in coherence with a detailed Review Report on Compliance with Code of Corporate Governance A. F. Ferguson & Co. Chartered Accountants run-through of our strategies, financial performance, and 6. Moving Forward Independent Auditor’s Report on the Audit of Financial Statements A. F. Ferguson & Co. Chartered Accountants external parallels. Sheds light on the outlook of the company Throughout this report we will be uncovering how the and the status of the projects in progress. Independent Assurance Report on Statement of Compliance with A. F. Ferguson & Co. Chartered Accountants company has and continues to create and sustain value the Sukuk (Privately Placed) Regulations, 2017 over time through short-term, medium, and long-term approaches, thereby aligning said approach with the 7. Financial Performance & Position Entity Credit Rating PACRA methods and practices of an integrated reporting structure. We will present a detailed financial analysis We also hope to equip our stakeholders with information of the company’s performance, rationalizing that is necessary and comprehensive, thus facilitating their major variations from prior periods. evaluation of what our organization currently entails and our ability to do more in the coming years. 8. Financial Statements Our report will be broken into nine sections and will be Present EPCL’s standalone & consolidated organized in a composition as follows: financial statements. 1. Organizational Overview 9. Shareholder’s Information and Strategy Provides secretarial information like AGM In this section we will be looking at notice, proxy form and accounts circulation EPCL’s overall business, the values it upholds, major request form for the facilitation of our shareholders. achievements and a brief overview of company’s strategy in place. 2. Stakeholder Engagement and Relationship Looks at EPCL’s policies and approach towards building healthy relationship with our stakeholders. evolve | adapt | grow annual report 2020 sustainability & corporate social responsibility Sustainability Sustainability UN Sustainable Sustainable Strategy & Highlights Development 127 128 129 Use of PVC 131 Focus 2020 Goals PVC Financial Human Natural table of Downstream 132 Capital 135 Capital 136 Capital 138 Applications Social Integrated contents Capital 140 Reporting 142 moving forward organizational Forward Analysis of Status of Organization’s Looking Previous Year Projects Capability in overview & strategy Statement 145 Forward Looking 145 145 Responding to 146 Statement Challenges EPCL at a Core Vision Mission 03 05 Glance 07 Values 23 financial performance & position Strategy & Resource Allocation 25 Six-Year Summary Six-Year Summary Key Consolidated of Financial Position of Financial Figures Cash Flows - with Horizontal and 149 Performance with 151 152 Direct Method 153 Vertical Analysis Horizontal and stakeholder engagement Vertical Analysis & relationship Six-Year Summary Consolidated Consolidated Quarterly of Consolidated Free Cash Statement Analysis Stakeholders’ Wealth Statement of Cash 154 Flows 154 of Economic 154 155 Frequency of Engagement Distribution to Flows - Indirect Value Added 35 Engagement 37 Process & Policy Stakeholders 38 Method Analysis of Variation Segment Key Financial in Interim Accounts Analysis Financial Statement Analysis with Final Accounts 156 159 Ratios 163 with Graphical 165 governance Representation Share DuPont Compliance Methods and Price 172 Analysis 173 with International 174 Assumptions Used 174 Board of Board & Management Chairman’s Sensitivity Financial Reporting in Compiling the Standards Indicators Directors 41 Functional 47 Committee 49 Review 55 Committees Business Rationale for Capital Expenditures 174 Directors’ Statement of Our Code CEO’s Review 57 Report 59 Best Practices 93 of Conduct 93 financial statements Governance Governance Board Approved Exceeding Legal Shariah Advisor 93 Framework 94 Policies 98 104 Statement of Review Report Statement of Auditor’s Report Requirements Compliance with on Statement of Compliance with on Sukuk (Privately COCG 177 Compliance 179 Sukuk (Privately 180 Placed) Regulations 181 Pandemic with COCG Placed) Regulations 2017 Enterprise Risk Business Recovery 2017 Internal Audit 104 Management 107 Continuity Plan 108 Plan & Policy 109 Auditor’s Report Standalone Auditor’s Report Consolidated Statement on Standalone Financial on Consolidated Financial Financial Statements 183 Statements 187 Financial Statements 241 Statements 245 external environment & EPCL shareholder’s information Significant Business Value Chain SWOT Analysis Factors Affecting Notice of Standard Compliance Model 113 115 117 the External 118 Proxy Annual General Request with ICAP’s Environment 299 302 Form 304 307 Competitive Meeting Form BCR Composition of Landscape & Risks and Local Versus Market Opportunities Directors’ 120 121 Imported Material 124 Positioning Report (Urdu) 344 01 evolve | adapt | grow annual report 2020 02 Lead Pakistan in polymers & allied chemicals with international footprint. 03 evolve | adapt | grow annual report 2020 04 To achieve innovative growth which creates value for country, stakeholders, customers and employees. Our commitment is to maintain the highest standards of ethics, safety and environmental responsibility. 05 evolve | adapt | grow annual report 2020 06 EPCL at a glance Engro Polymer & Chemicals Limited (EPCL) is the only integrated chlor-vinyl chemical complex in Pakistan. EPCL is the sole manufacturer of PVC resin in Pakistan. Besides this the company also produces Chlor Alkali products like Caustic Soda, Sodium Hypochlorite and Hydrochloric Acid. It is a subsidiary of Engro Corporation, involved in the manufacturing, marketing and distribution of PVC under the brand name ‘SABZ’ and other quality Chlor-Vinyl allied products. EPCL’s triple bottom line philosophy – People, Planet and Profit are critical and indispensable elements for its growth and success. 07 evolve | adapt | grow annual report 2020 08 history of major
Recommended publications
  • S # ISIN CFI Code

    S # ISIN CFI Code

    CFI Code (as Per SECURITY S # ISIN SECURITY NAME SECTOR NAME SECURITY TYPE STATUS new ISO) SYMBOL 1 PK0000201019 ESVUFR EFU GENERAL INSURANCE LIMITED EFUG Insurance Ordinary Shares Listed 2 PK0000301017 ESVUFR HABIB INSURANCE COMPANY LIMITED HICL Insurance Ordinary Shares Listed 3 PK0000401015 ESVUFR HAYDARI CONSTRUCTION CO. LIMITED HADC Miscellaneous Ordinary Shares Listed 4 PK0000501012 ESVUFR K-ELECTRIC LIMITED KEL Power Generation & Distribution Ordinary Shares Listed 5 PK0000601010 ESVUFR MURREE BREWERY COMPANY LIMITED MUREB Food & Personal Care Products Ordinary Shares Listed 6 PK0000701018 ESVUFR USMAN TEXTILE MILLS LIMITED USMT Textile Composite Ordinary Shares Listed 7 PK0001101010 ESVUFR PREMIER INSURANCE LIMITED PINL Insurance Ordinary Shares Listed 8 PK0001201018 ESVUFR DAWOOD LAWRENCEPUR LIMITED DLL Inv. Bank/Inv. Companies/Securities Co. Ordinary Shares Listed 9 PK0001301016 ESVUFR GLAXOSMITHKLINE PAKISTAN LIMITED GLAXO Pharmaceuticals Ordinary Shares Listed 10 PK0001401014 ESVUFR HUSEIN INDUSTRIES LIMITED HUSI Textile Composite Ordinary Shares Listed 11 PK0001701017 ESVUFR HAFIZ LIMITED HAFL Textile Composite Ordinary Shares Listed 12 PK0001901013 ESVUFR JUBILEE GENERAL INSURANCE COMPANY LIMITED JGICL Insurance Ordinary Shares Listed 13 PK0002001011 ESVUFR PAKISTAN CABLES LIMITED PCAL Cables & Electrical Goods Ordinary Shares Listed 14 PK0002101019 ESVUFR PAKISTAN ENGINEERING COMPANY LIMITED PECO Engineering Ordinary Shares Listed 15 PK0002201017 ESVUFR THE PREMIER SUGAR MILLS & DISTILLERY COMPANY LIMITED PMRS Sugar & Allied
  • 1. Syed Khalid Siraj Subhani 2. Mian Asad Hayaud

    1. Syed Khalid Siraj Subhani 2. Mian Asad Hayaud

    PROFILE OF CANDIDATES WHO HAVE FILED THEIR INTENTION TO OFFER THEMSELVES TO CONTEST IN THE ELECTION OF DIRECTORS AT THE 11th EXTRAORDINARY GENERAL MEETING SCHEDULED TO BE HELD ON MARCH 17, 2021. 1. Syed Khalid Siraj Subhani Mr. Subhani is a Chemical Engineer with Executive Management Program from Haas School of Business, University of California, Berkeley and Leadership program from MIT, Boston. A seasoned executive, his career spanned over 33 years with Exxon Chemical Pakistan Limited, which subsequently became Engro Chemical Pakistan Limited and later Engro Corporation Limited. This included long term assignments with Esso Chemical Canada in Edmonton and at ICI site in Billingham UK. Over the years, he worked in numerous senior executive positions at Engro and played instrumental role in growth and diversification of the company to make it one of the largest business conglomerates of Pakistan. Prior to retirement from Engro he worked as President and Chief Executive Officer of Engro Corporation Limited, Engro Fertilisers Limited and Engro Polymer and Chemicals Limited. Mr. Subhani also served as President and Chief Executive Officer of ThalNova Power Thar Private Limited for a period of two years. Earlier Mr. Subhani also served on the board of Engro Corporation Limited (Director), Hub Power Company Limited (Director), Engro Foods Limited (Director), Sindh Engro Coal Mining Company Limited (Director), Laraib Energy Limited (Director), Engro Fertilisers Limited (Board Chairman), Engro Polymer and Chemicals Limited (Board Chairman), Engro Vopak Terminal Limited (Board Chairman), Thar Power Company Limited (Board Chairman), Engro Powergen Qadirpur Limited (Board Chairman), Engro Elengy Terminal (Private) Limited (Board Chairman) and Engro Eximp Agri Products (Private) Limited (Board Chairman).
  • Annual Report 2016 3 OUR BUSINESSES

    Annual Report 2016 3 OUR BUSINESSES

    MAKING FOOD & ENERGY AVAILABLE, AFFORDABLE, SUSTAINABLE Dawood Hercules is a partner in Pakistan’s growth and prosperity, and this ethos serves as the foundation of our business operations. Energy, agriculture and food sectors are the strongest drivers of Pakistan’s economic growth, and are therefore the core areas of investment for our group. We are a holding company founded on family values. This allows us to deploy capital and invest in people and partnerships over a long period of time to solve two of the most pressing issues the world is facing today: making food and energy available, affordable and sustainable. CONTENTS 03 Vision 03 Purpose 08 Business ethics and core values 12 Performance highlights 16 Company information 20 Board of Directors 27 Committees 30 Operating Highlights 30 Six years at a glance 32 Horizontal analysis (Balance sheet) 34 Vertical analysis (Balance sheet) 36 Horizontal analysis (Profit & loss) 36 Vertical analysis (Profit & loss) 38 Statement of value addition 42 Notice of annual general meeting 60 Directors training programme 56 Directors’ Report 60 Related party transactions 56 Economic scenario 60 Future outlook 57 Business overview 61 Acknowledgment 58 Financial performance 66 Review report on statement of compliance 58 Earnings per share 67 Statement of compliance 58 Auditors 72 Financial Statements 58 Shares traded 73 Auditor’s report to the members 59 Pattern of shareholding 74 Financial statements 59 Market capitalization & book value 79 Notes to the financial statements 59 Appropriation 109 Consolidated
  • Engro Polymer & Chemcials Limited Prospectus for Issuance Of

    Engro Polymer & Chemcials Limited Prospectus for Issuance Of

    ADVICE FOR INVESTORS INVESTORS ARE STRONGLY ADVISED IN THEIR OWN INTEREST TO CAREFULLY READ THE CONTENTS OF THIS PROSPECTUS, ESPECIALLY THE RISK FACTORS GIVEN AT SECTION 5 BEFORE MAKING ANY INVESTMENT DECISION. SUBMISSION OF FALSE AND FICTITOUS APPLICATIONS IS PROHIBITED AND SUCH APPLICATIONS’ MONEY MAY BE FORFEITED UNDER SECTION 87(8) OF THE SECURITIES ACT, 2015. Investment in equity securities involves a degree of risk and investors should not invest any funds in this offer unless they can afford to take the risk of losing their investment. Investors are advised to read the risk factors carefully before taking an investment decision. For taking an investment decision, investors must rely on the examination of the issuer and the offer including the risks involved as disclosed in Section 5 of this prospectus ENGRO POLYMER & CHEMCIALS LIMITED PROSPECTUS FOR ISSUANCE OF PREFERENCE SHARES Date and place of Incorporation: Karachi, October 20, 1997 | Incorporation number: K-07013 | Registered office: 12th Floor, Ocean Tower, G-3, Scheme No. 5, Block 9, Clifton, Karachi |Website: https://www.engropolymer.com/ | Contact Number: +92 21 111-411-411 & +92 21 35166853 | Contact person: Syed Faraz Abbas Jaffri; E-mail: [email protected] | Contact person: Muhammad Bilal Ahmed; E-mail: [email protected] Issue Size: This Issue consists of 300,000,000 Preference Shares of face value of PKR 10/- each out of which 262,500,000 Preference Shares of face value of PKR 10/- each (87.5%) have been offered to and subscribed by Pre-IPO investors and 37,500,000 Preference Shares of face value of PKR 10/- each are being offered to the General Public at an Issue Price of PKR 10.00/- per share.
  • Engro Fert 20 17

    Engro Fert 20 17

    annual report 2017 an ode to the farmers annual report 2017 111- 211- 211 engrofertilizers.com The vast lands of promise spread an ode to wide, the fields of dreams ploughed, the seeds of hope the farmers deeply sown; answered by prayers they turn bountiful. Peace, meal and sleep - sums up their living. Their sweat golden their fields as they continue to feed the nation. Engines of Pakistan - they are the farmers. contents Company Company Information 07 Notice of the meeting 08 Engro Fertilizers at a Glance 11 Our History 13 Our Milestones 15 Our Core Values 17 Corporate Governance Board of Directors 21 Directors’ Profiles 23 Board Committees 29 Functional Committees 30 Our Governance Framework 31 Statement of Compliance with the Code of Corporate Governance 32 Chairman’s Message & Directors’ Report Chairman’s Message 37 CEO’s Message 39 Key Numbers 41 Business Review 43 Horizontal and Vertical Analyses 49 Summary 55 Financial Ratios 56 Statement of Value Addition and Distribution 60 Key Shareholding and Shares Traded 61 Shareholder Information 64 Pattern of Shareholding 66 Category of Shareholding 67 Our Brands 73 Financial Statements Consolidated Financials 83 Standalone Financials 142 Proxy Form Request for Hard Copy of Annual Report Form © 2017, Engro All Rights Reserved. No part of this publication may be reproduced without the prior written permission of the publisher. Our Vision We are passionate about transforming the agricultural landscape, bringing change and helping the farmer grow. Company Information company information notice of meeting NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of Board of Directors Auditors Engro Fertilizers Limited will be held at Karachi Marriott Hotel, Abdullah Mr.
  • Engro Food-Set

    Engro Food-Set

    Half Year 2011 Accounts contents company information 2 directors’ report 4 auditors’ report to the members on review of consolidated condensed interim financial information 6 consolidated condensed interim balance sheet 7 consolidated condensed interim profit and loss account 8 consolidated condensed interim statement of comprehensive income 9 consolidated condensed interim statement of cash flows 10 consolidated condensed interim statement of changes in equity 11 notes to the consolidated condensed interim financial information 12 auditors’ report to the members on review of condensed interim financial information 22 condensed interim balance sheet 23 condensed interim profit and loss account 24 condensed interim statement of comprehensive income 25 condensed interim statement of cash flows 26 condensed interim statement of changes in equity 27 notes to the condensed interim financial information 28 Half Year 2011 Accounts 1 company information Board of Directors Auditors Asad Umar Chairman A. F. Ferguson & Co. Sarfaraz A. Rehman Chief Executive Officer Chartered Accountants Ruhail Mohammed Non-Executive Director Isar Ahmed Non-Executive Director Shahzada Dawood Non-Executive Director Mujahid Hamid Non-Executive Director Share Registrar Muhammed Amin Non-Executive Director M/s. FAMCO Associates (Private) Limited Ms. Spenta Kandawalla Non-Executive Director First Floor, State Life Building 1-A Abdul Samad Khan Non-Executive Director I.I. Chundrigar, Road, Karachi - 74000 Zafar Ahmed Siddiqui Non-Executive Director Bankers Chief Financial Officer & Company Secretary Al-Baraka Islamic Bank Limited Imran Anwer Allied Bank Limited Askari Bank Limited Bank Al-Falah Limited Members of Audit Committee Bank Al-Habib Limited Shahzada Dawood Chairman Bank of Punjab Ruhail Mohammed Member Burj Bank Limited Abdul Samad Khan Member Citibank N.
  • Shariah Compliance Screening Report

    Shariah Compliance Screening Report

    Al-Hilal Shariah Advisors December 2016 Shariah Compliance Screening Report INSIDE Key Highlights ......................................................................................................................................... 3 Shariah Compliant Companies ............................................................................................................... 5 Shariah Non - Compliant Companies ...................................................................................................... 7 Suspended & Delisted Companies………………………………………………………………………………………………….....9 Approved Islamic Banks & Windows for Placements ........................................................................... 10 Screening Guidelines for Equity Securities ........................................................................................... 11 Purification Guidelines .......................................................................................................................... 12 Al-Hilal Shariah Advisors (Pvt.) Limited. (Formerly Fortune Islamic (Pvt.) Limited) P a g e | 2 Al-Hilal Shariah Advisors (Pvt.) Limited. (Formerly Fortune Islamic (Pvt.) Limited) 27 April, 2017 KEY HIGHLIGHTS We have conducted Shariah compliance screening of 524 selected companies listed on the Pakistan Stock Exchange as per their latest financial statements (December’16), on the basis of the Shariah compliance screening mechanism approved by our Shariah Supervisory Council headed by Mufti Irshad Ahmad Aijaz. Following are the results for
  • Engro Polymer & Chemicals Limited Sustainability Report 2010

    Engro Polymer & Chemicals Limited Sustainability Report 2010

    Engro Polymer & Chemicals Limited Scope Engro Polymer & Chemicals Ltd. (EPCL) is pleased to announce its social, environmental and economic performance based on Global Reporting Initiative (GRI) for the year 2010. This report presents an overview of EPCL’s triple bottom line philosophy – namely People, Planet, Profit – and aims to share its performance with its key stakeholders, highlighting the broad spectrum of its values contained in the three P’s (People, Planet & Profit). The report is externally assured and has been self declared for the GRI Application level A+, referred to as the most prevalent standard for sustainability reporting. We would like to acknowledge the contributions of our valued team members and colleagues during the development of this sustainability report. Contact: Corporate Communications Department First Floor, Bahria Complex-I 24 M.T. Khan Road Karachi – 74000 For feedback on Sustainability Report 2010: [email protected] This report is also available on our website. www.engropolymer.com Sustainability Report 2010 I 1 Scope 01 Mission & Core Values 04 Sustainability Strategy and Focus 05 CEO’s Message 06 Introduction 07 Plant Input and Output 08 People Board of Directors 09 Principal Operation Committees 10 Human Excellence 15 Governance 11 Occupational Health & Safety 16 Accreditation & Credibility 12 Labor Practices & Decent Work 18 Performance Indicators Assurance Report by URS 50 Human Rights Performance Indicators 22 Corporate Social Responsibility 25 UN Global Compact - Ten Principles 27 Society Performance Indicators 28 Planet Environmental Projects 33 Operational Environment 35 Environment Foot Prints 36 Environmental Performance Indicators 39 Profit Economic Performance 45 Product Safety Performance Indicators 46 Economic Performance Indicators 48 Engro Polymer & Chemicals Limited P We See 7LVWSL0 7SHUL[0 7YVMP[ “Our mission is to achieve innovative growth which creates value for our stakeholders, customers and employees.
  • ICI AR 2018-19 Financial Page

    ICI AR 2018-19 Financial Page

    ICI Pakistan Limited Annual Report 2018 -19 F 01 ICI Pakistan Limited Financial Statements F 02 ICI Pakistan Limited Annual Report 2018 -19 EY Ford Rhodes UAN: + 9221 111 11 39 37 (EYFR) Chartered Accountants Tel: + 9221 3565 0007-11 Progressive Plaza, Beaumont Road Fax: + 9221 3568 1965 P.O. Box 15541, Karachi 75530 [email protected] Pakistan ey.com/pk Independent Auditors’ Report To the members of ICI Pakistan Limited Report on the Audit of unconsolidated Financial Statements Opinion We have audited the annexed unconsolidated financial statements of ICI Pakistan Limited (the Company), which comprise the statement of financial position as at 30 June 2019, the statement of profit or loss and other comprehensive income, the statement of changes in equity, the statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies and other explanatory information, and we state that we have obtained all the information and explanations which, to the best of our knowledge and belief, were necessary for the purposes of the audit. In our opinion and to the best of our information and according to the explanations given to us, the statement of financial position, the statement of profit or loss and other comprehensive income, the statement of changes in equity and the statement of cash flows together with the notes forming part thereof conform with the accounting and reporting standards as applicable in Pakistan and give the information required by the Companies Act, 2017 (XIX of 2017), in the manner so required and respectively give a true and fair view of the state of the Company's affairs as at 30 June 2019 and of the profit and other comprehensive income, the changes in equity and its cash flows for the year then ended.
  • MCB DCF Income Fund 04

    MCB DCF Income Fund 04

    Vision To become synonymous with Savings. Mission To become a preferred Savings and Investment Manager in the domestic and regional markets, while maximizing stakeholders value. Core Values The Company takes pride in its orientation towards client service. It believes that its key success factors include continuous investment in staff, systems and capacity building and its insistence on universal best practices at all times. CONTENTS 1 MCB DCF Income Fund 04 2 Pakistan Income Fund 32 3 MCB Pakistan Sovereign Fund 59 4 Pakistan Income Enhancment Fund 82 5 MCB Cash Management Optimizer 107 6 MCB Cash Management Fund 130 7 MCB Pakistan Stock Market Fund 150 8 ALHAMRA Islamic Stock Fund 174 9 MCB Pakistan Asset Allocation Fund 200 10 Pakistan Capital Market Fund 228 11 ALHAMRA Islamic Asset Allocation Fund 256 12 ALHAMRA Islamic Income Fund 281 13 ALHAMRA Islamic Active Allocation Fund 303 14 MCB Pakistan Frequent Payout Fund 334 15 Pakistan Pension Fund 357 16 ALHAMRA Islamic Pension Fund 388 17 ALHAMRA Daily Dividend Fund 416 02 MCB DCF INCOME FUND MCB DCF INCOME FUND CONTENTS 1 Funds Information 06 2 Report of the Directors of the Management Company 07 3 Condensed Interim Statement of Assets And Liabilities 13 4 Condensed Interim Income Statement (Un-audited) 14 5 Condensed Interim Statement of Other Comprehensive Income (Un-audited) 15 6 Condensed Interim Statement of Movement in Unit Holders Funds (Un-audited) 16 7 Condensed Interim Cash Flow Statement ( Un-audited) 17 8 Notes to and forming part of the Condensed Interim Financial Statements 18 05 MCB DCF INCOME FUND FUNDS INFORMATION Management Company MCB-Arif Habib Savings & Investments Limited Adamjee House, 2nd Floor, I.I.
  • Annexure a -2008

    Annexure a -2008

    Annexure 'A' 1) Particulars of Investment held in listed companies and Modarbas Number of Paid up value shares / Total paid up Investee per share / Cost certificates value certificate held (Rupees) (Rupees in '000) Available for sale securities Investment in ordinary shares Adamjee Insurance 900000 10.0000 9,000 264,728 Allied Bank Limited. 200000 10.0000 2,000 18,848 Atlas Fund Of Funds 1050000 10.0000 10,500 10,000 Azam Textile Mills Limited 292851 10.0000 2,929 2,929 Baig Spinning 662050 10.0000 6,621 6,621 Bank Of Punjab 950000 10.0000 9,500 47,406 BOC Pakistan 200000 10.0000 2,000 33,521 Century Paper And Board Mills Ltd. 98100 10.0000 981 8,008 Chenab Limited Common Shares 1500000 10.0000 15,000 27,903 D.G. Khan Cement 2400000 10.0000 24,000 203,545 Engro Chemical 975000 10.0000 9,750 295,533 Engro Polymer & Chemicals Limited 3727881 10.0000 37,279 67,102 Fauji Cement 116669975 10.0000 1,166,700 1,866,720 Fauji Fertilizer 427500 10.0000 4,275 45,792 Faysal Bank 300000 10.0000 3,000 19,303 First Capital Securities Corp Ltd. 560000 10.0000 5,600 31,913 First Dawood Mutual Fund 1161500 10.0000 11,615 10,000 Habib Bank Limited 500000 10.0000 5,000 117,793 Hira Textile Mills Limited. 3948803 10.0000 39,488 49,360 I.C.I. 375100 10.0000 3,751 68,666 IGI Investment Bank Limited 9986501 10.0000 99,865 99,865 Jahangir Siddiqui & Company.
  • Engro Corporation from Wikipedia, the Free Encyclopedia

    Engro Corporation from Wikipedia, the Free Encyclopedia

    Create account Log in Article Talk Read Edit Search Engro Corporation From Wikipedia, the free encyclopedia Main page This article includes a list of references, related reading or external links, Contents but it s sources remain unclear because it lacks inline cit at ions. Featured content Please improve this article by introducing more precise citations. (July 2013) Current events Engro Corporat ion is a public company based in Pakistan. The Engro Corporation Random article company has stakes in the fertilizer, food, power generation, Donate to Wikipedia petrochemicals, automation and terminal storage industries. Engro Interaction underwent an employee led buy out in 1992. Help Contents [hide] About Wikipedia Community portal 1 Subsidiaries Recent changes 2 Tarang Contact page 3 History 3.1 Founding days Type Public (KSE[1] ) Tools 3.2 Esso to Exxon Limited Indust ry Fertilizer Print/export 3.3 As Engro Chemicals (further expansions) Food 3.4 Recent history Beverages 4 Organizational structure Chemicals polymer 5 See also Power Generation 6 References Petrochemical 7 External links Fo unded Basic Foundation: 1957 as Esso/Mobil Joint Venture, Subsidiaries [edit] Company Incorporated 1965 as Esso Pakistan Fertilizer As a holding company its subsidiaries include: Company Limited Headquart ers Karachi, Pakistan. Engro Fertilizers Limited Area served Pakistan Engro Foods Limited Key peo ple Hussain Dawo o d Engro Eximp Private Limited Chairman Engro PowerGen Limited Aliuddin Ansari [2] Engro Polymers and Chemicals Limited Pre s ide nt and CEO Engro Vopak Limited Pro duct s Engro Urea Engro DAP Tarang [edit] Engro Zorawar Engro Zarkhez In 2013, Engro Corporation made six films which was the remake Zingro of six old Pakistani classical films under Tarang Housefull, and to Olpers honor these films Tarang Housefull Awards are created.