OICCI CSR Report 2018-2019
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December 2011 2Nd Quarter
growth through energy THE HUB POWER COMPANY LIMITED UNAUDITED QUARTERLY FINANCIAL STATEMENTS FOR THE SECOND QUARTER / HALF YEAR ENDED DECEMBER 31, 2011 Vision To be an energy leader – committed to deliver growth through energy. Mission To be a dynamic and growth – oriented energy company that achieves the highest international standards in its operations and delivers a fair return to its shareholders, while serving the community as a caring corporate citizen. C O N T E N T S THE HUB POWER COMPANY LIMITED PAGE Company Information 1 Report of the Directors 3 Auditors’ Review Report to the Members 5 Condensed Interim Unconsolidated Profit & Loss Account 7 Condensed Interim Unconsolidated Statement of 8 Comprehensive Income Condensed Interim Unconsolidated Balance Sheet 9 Condensed Interim Unconsolidated Cash Flow Statement 10 Condensed Interim Unconsolidated Statement of Changes in Equity. 11 Notes to the Condensed Interim Unconsolidated Financial Statements 12 THE HUB POWER COMPANY LIMITED and its Subsidiary Company Report of the Directors on the Consolidated Financial Statements 17 Condensed Interim Consolidated Profit & Loss Account 18 Condensed Interim Consolidated Statement of Comprehensive Income 19 Condensed Interim Consolidated Balance Sheet 20 Condensed Interim Consolidated Cash Flow Statement 21 Condensed Interim Consolidated Statement of Changes in Equity 22 Notes to the Condensed Interim Consolidated Financial Statements 23 COMPANY INFORMATION BOARD OF DIRECTORS M. A. Alireza H.I. (Chairman) Zafar Iqbal Sobani (Chief Executive) Dr. Fereydoon Abtahi Yousuf A. Alireza Robin A. Bramley Dr. Asif A. Brohi NBP Nominee Malcolm P. Clampin Taufique Habib Arshad A. Hashmi Qaiser Javed Iqbal Ahmed Khosa GOB Nominee Ali Munir Philippe F. -
View Chairman’S Message Board Ofdirectorsforthei-Carefundamerica,Inc
i-CareReport 2014-2016 © 2016, The i-Care Foundation i-Care Report 2014-2016 1-BACK Table of Contents About i-Care Mission and Vision 3 Pakistan’s First Donor Advised Fund 4 Management Team 5 Board of Trustees for The i-Care Foundation, Pakistan 6 Board of Directors for The i-Care Fund America, Inc. 7 Chairman’s Message 8 CEO’s Review 9 The i-Care Foundation: Then and now 10 i-Care Report Disbursement of Funds Disbursement of Funds in 2015 - 2016 14 Top 12 fund recipients of The i-Care Foundation in 2015-2016 15 Beneficiaries & Disbursement 2015 - 2016 19 Disbursement of Funds in 2014 - 2015 22 Top 12 fund recipients of The i-Care Foundation in 2014-2015 23 Beneficiaries & Disbursement 2014 - 2015 27 Education Beneficiaries in Education 2014 - 2016 29 Health Beneficiaries in Health 2014 - 2016 33 Shelter & Social Safety Nets Beneficiaries in Shelter & Social Safety Net 2014 - 2016 38 Entrepreneurship Beneficiaries in Entrepreneurship 2014 - 2016 40 Financials Income and Expenditure Account For The Year Ended JUNE 30, 2016 42 Balance Sheet As At JUNE 30, 2016 43 How to Donate For Donors in Pakistan 45 For Donors in US and Other Countries 45 Through Remittance 46 i-Care Donor Advisory Form 47 I-Care Partner Charities List 48 Fund Utilization Plan 50 Charity Due Diligence Check List 52 1-FRONT About i-Care The i-Care Mission The mission of The i-Care Foundation is to improve the quality of life for underprivileged Pakistanis. This is achieved through increased philanthropic sup- port offered to deserving charities, so that they are able to improve their capacity for service delivery. -
The Hub Power Company Limited 2
The Pakistan Credit Rating Agency Limited Rating Report Report Contents 1. Rating Analysis The Hub Power Company Limited 2. Financial Information 3. Rating Scale 4. Regulatory and Supplementary Disclosure Rating History Dissemination Date Long Term Rating Short Term Rating Outlook Action Rating Watch 21-Jun-2021 AA+ A1+ Stable Maintain - 29-Jun-2020 AA+ A1+ Stable Maintain - 27-Dec-2019 AA+ A1+ Stable Maintain - 27-Jun-2019 AA+ A1+ Stable Maintain - 27-Dec-2018 AA+ A1+ Stable Maintain - 29-Jun-2018 AA+ A1+ Stable Maintain - 22-Dec-2017 AA+ A1+ Stable Maintain - 20-Apr-2017 AA+ A1+ Stable Maintain - 20-Apr-2016 AA+ A1+ Stable Maintain - 29-Jun-2015 AA+ A1+ Stable Maintain - Rating Rationale and Key Rating Drivers The rating reflects the holding company character of Hubco with an exclusive focus on the different dimension of the energy sector. In addition to the investment book, Hubco itself is a large RFO based power plant. Hubco aims to expand generation capacity to boost the country's power generation by utilizing Pakistan's indigenous natural resources. Hubco is setting up two coal power plants (i) Thar Energy Limited (TEL): 330MW and (ii) Thalnova Power: 330MW, mine-mouth coal-fired power plants at Thar. Hubco also has an investment in Sindh Engro Coal Mining Company (SECMC) and China Power Hub Generation Co (CPHGC). Moving forward, Hubco is looking to explore growth opportunities in diversified areas including water desalination, renewable energy, upstream oil & gas, mining and infrastructure. Through Hub Power Holdings Ltd, a wholly owned subsidiary of Hubco, entered in JV agreement (50:50) with ENI, Pakistan’s employees to form Prime Int. -
NJI Title Annual 2008.FH10
CONTENTS Corporate Information 2 Vision & Mission 3 Directors Report to the Shareholders 4 Key Operating and Financial Highlights 9 Statement of Compliance with the Code of Corporate Governance 10 Review Report to the Members 12 Auditors Report to the Members 13 Balance Sheet 14 Profit & Loss Account 16 Statement of Changes in Equity 17 Cash Flow Statement 18 Revenue Account 19 Statement of Premiums 20 Statement of Claims 21 Statement of Expenses 22 Statement of Investment Income 23 Notes to the Financial Statements 24 Statement of Directors 52 Statement of Appointed Actuary 52 Pattern of Shareholding 53 Compliance Status of the Code of Corporate Governance 55 Notice of Annual General Meeting 57 Proxy Form CORPORATE INFORMATION BOARD OF DIRECTORS Masood Noorani Chairman Javed Ahmed Chief Executive Officer / Managing Director Towfiq H. Chinoy Director Sultan Allana Director Shahid Mahmood Loan Director Xavier Gwenael Lucas Director John Joseph Metcalf Director BOARD COMMITTEES MANAGEMENT COMMITTEES AUDIT CLAIMS Xavier Gwenael Lucas Chairman Javed Ahmed Chairman Shahid Mahmood Loan Member Manzoor Ahmed Member John Joseph Metcalf Member Zahid Barki Member/Secretary FINANCE & INVESTMENT Masood Noorani Chairman REINSURANCE Javed Ahmed Member Javed Ahmed Chairman Shahid M. Loan Member Zahid Barki Member John Joseph Metcalf Member Sana Hussain Member/Secretary Manzoor Ahmed Member/Secretary HUMAN RESOURCE UNDERWRITING Towfiq H. Chinoy Chairman Javed Ahmed Chairman Masood Noorani Member Syed Ali Ameer Rizvi Member John Joseph Metcalf Member Zahid Barki Member/Secretary TECHNICAL COMPANY SECRETARY John Joseph Metcalf Chairman Manzoor Ahmed Javed Ahmed Member Xavier Gwenael Lucas Member CHIEF INTERNAL AUDITOR Adeel Ahmed Khan HEAD OFFICE AUDITORS 74/1-A, Lalazar, M. -
FACTSHEET - AS of 01-Oct-2021 Solactive GBS Pakistan Large & Mid Cap USD Index PR
FACTSHEET - AS OF 01-Oct-2021 Solactive GBS Pakistan Large & Mid Cap USD Index PR DESCRIPTION The Solactive GBS Pakistan Large & Mid Cap USD Index PR is part of the Solactive Global Benchmark Series which includes benchmark indices for developed and emerging market countries. The index intends to track the performance of the large and mid cap segment covering approximately the largest 85% of the free-float market capitalization in the Pakistani market. It is calculated as a pricereturn index in USD and weighted by free-float market capitalization. HISTORICAL PERFORMANCE 1,200 1,000 800 600 400 200 Jan-2008 Jan-2010 Jan-2012 Jan-2014 Jan-2016 Jan-2018 Jan-2020 Jan-2022 Solactive GBS Pakistan Large & Mid Cap USD Index PR CHARACTERISTICS ISIN / WKN DE000SLA8Y15 / SLA8Y1 Base Value / Base Date 1139 Points / 08.05.2006 Bloomberg / Reuters / .SPKLMCUP Last Price 347.48 Index Calculator Solactive AG Dividends Not included Index Type Price Return Calculation 8:00 am to 10:30 pm (CET), every 15 seconds Index Currency USD History Available daily back to 08.05.2006 Index Members 13 FACTSHEET - AS OF 01-Oct-2021 Solactive GBS Pakistan Large & Mid Cap USD Index PR STATISTICS 30D 90D 180D 360D YTD Since Inception Performance -11.24% -18.75% -20.18% -6.01% -14.20% -69.49% Performance (p.a.) - - - - - -7.42% Volatility (p.a.) 17.33% 14.90% 15.54% 17.78% 16.87% 23.20% High 391.47 429.41 459.90 459.90 459.90 1310.60 Low 343.18 343.18 343.18 343.18 343.18 250.61 Sharpe Ratio -4.42 -3.83 -2.37 -0.36 -1.11 -0.33 Max. -
SSC HSSC Brochure Final AW 2
QUALIFICATIONS YOU CAN TRUST I am delighted to note that an increasing number of students clearing HSSC from the Aga Khan University Examination Board are doing well in the IBA admission test. Students from AKU-EB go beyond the conventional textbook, which is essential for the practical application of knowledge. Dr Ishrat Hussain, Director, Institute of Business Administration, Karachi OUR VISION To be a model of excellence and innovation in education for Pakistan and the developing world. OUR MISSION To increase access to quality education for lower and middle income students at a secondary and higher secondary school level. To inculcate a culture of higher order thinking in the youth through indigenous educational development and assessment programmes. To acquire new knowledge through research and share best practices in education. Development of Syllabi & Learning Resources Examination Teacher Development Research Development & Conduct Assessment Impact | Quality | Relevance | Access We, as a nation need to educate our children to become thinkers. For this they need syllabi that provide stimulus so that they can see the bigger picture, since thoughts become words, and words become deeds, and deeds become one’s character. AKU-EB triggers thought processes which determine characters that have humanity ingrained, and the determination to do good for humanity as a whole. Kermin S. Parakh Principal BVS Parsi High School Why AKU-EB? AKU-EB offers quality secondary and higher secondary examinations of international standards, accessible to all, at affordable fees for both English and Urdu medium schools. The syllabi are based on the national curriculum of Pakistan and examinations are aligned with the national scheme of studies. -
Upstream Petroleum Activities
Directorate General of Pakistan Petroleum Petroleum Concessions Information Service Upstream Petroleum Activities - January 2021 61.0.0 62.0.0 63.0.0 64.0.0 65.0.0 66.0.0 67.0.0 68.0.0 69.0.0 70.0.0 71.0.0 72.0.0 73.0.0 74.0.0 75.0.0 76.0.0 77.0.0 78.0.0 79.0.0 37.0.0 Inset North Average Production December ,2020 Oil 76,774.10 bbls /day BHAL SYEDAN 3371-10 Ʊ Ʋ Gas 3,582.33 mmcf/day OGDCL (KOHAT) Ʊ Ʋ LPG 2,263.61 m.tons/day OGDCL TOLANJ WEST SADKAL 36.0.0 MOL TOLANJ OGDCL Seismic Crews Active 07 MOL SOGHRI 3372-14 BDGBDU76GUDTU6I 2-D Seismic Acquisition Onshore 219.10 L.Kms. D&PL (FATEH JANG) 36.0.0 DHOK HUSSAIN 3-D Seismic Acquisition Onshore 91.75 Sq.Kms. OGDCL OGDCL 3371-17 OGDCL 4 (BARATAI) Gilgit Rigs Active 16 OGDCL Ʊ Ʋ 3370-3 DAKHNI Ʊ G I LG I T-BALTI STAN Area under Exploration Licences 206,736.00 Sq. Kms. (TAL) OGDCL Area under Mining/D&P Leases 14,010.00 Sq. Kms. MOL Area under Applications 114,396.00 Sq. Kms. MAMIKHEL 3371-5 RATANA (GURGALOT) OGDCL UCHRI OPI MAMIKHEL SOUTH DHURNAL BIDS OPENED FOR GRANT OF EL PARIWALI MOL POL OPI 3372-18 POL MAKORI&MAKORI DEEP 13 Bid round for following 20 blocks were held on January 15, 2021. MEYAL (IKHLAS) MOL MAKORI EAST 35.0.0 POL S.NO Block Name Zone POL MELA 3371-15 KHAUR 3372-23 OGDCL 1 Block No.3068-6 (Killa Saifullah) I (F) (DHOK SULTAN) POL (HISAL) 35.0.0 2 Block No.2762-2 (Desert) I (F) PPL PPL NASHPA DHULIAN 3 Block No.3067-7 (Sharan) I (F) OGDCL POL 4 Block No.3272-16 (Lilla) I CHANDA 5 Block No.3372-25 (Abbottabad) I OGDCL 6 Block No.3471-1 (Nowshera) I 3271-1 TOOT Ʊ Ʋ KALABAGH 10 (KARAK) OGDCL FC`7@SQ6FCUVIFCX6 7 Block No.3372-26 (Hazro) I MPCL MPCL HALINI 8 Block No.3273-5 (Jhelum) I MPCL 9 Block No.3372-27 (North Dhurnal) I Muzaffarabad 10 Block No.2668-23 (Khewari East) III 11 Block No. -
Thal Limited 2015 Annual Report Growth Through Innovation at Thal Limited, It Is a Belief That Success Comes from Innovation and Flawless Execution
Thal Limited 2015 annual report Growth Through Innovation At Thal Limited, it is a belief that success comes from innovation and flawless execution. We endeavor constantly and consistently to innovate through new products to meet our customers’ expectations and satisfaction. Contents Organization 04 Our Vision 06 Core Values 07 Company Profile 08 Code of Conduct and Ethics 10 Stakeholders' Information 12 Corporate Information 14 Key Figures 15 Thal Structure 16 Awards & Recognitions 17 Corporate Governance 18 Board of Directors 20 Board of Directors’ Profile 22 Role of Chairman 24 Performance Evaluation of the Board of Directors 24 Responsibilities of the Chief Executive Officer 25 Performance Review of the Chief Executive Officer 25 Management Team 26 Strategic Objectives 27 Organization Structure 28 Board Committees & their Terms of References 29 Stakeholder Relations 30 Whistle Blowing 31 United Nations Global Compact 32 Information Technology Governance & Security 33 Financial Summary 34 Statement of Value Addition 36 Quarterly Analysis 37 Financial Performance - Six Years at a Glance 38 Graphical Presentation - Six Years at a Glance 39 Horizontal Analysis 40 Vertical Analysis 42 Six Year Ratio Analysis 44 Graphical Presentation of Ratios 45 Comments on Six Year Analysis 46 DuPont Analysis 48 Share Price Sensitivity Analysis 50 Cash Flow Statement through Direct Method 51 Directors’ Report 52 Economic Highlights 54 Overview of Financial Results 55 Overview of Business Segments 56 Overview of Subsidiaries 72 Financial Performance 74 -
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 -
February 29, 2012
Valuation of Debt Securities by MUFAP as per SECP Circular 01 of 2009 dated Jan 6, 2009 Rates of Debt Securities as of February 29, 2012 VALUATION OF RATED INVESTMENT GRADE DEBT SECURITIES S.No. Code TFCs and Sukuks Traded / Non-Traded Price GOVERNMENT GUARANTEED / AAA 1 KSEW/SUK/021107 KARACHI SHIPYARD & ENGINEERING WORKS LTD-SUKUK (02-11-07) Non-Traded 100.4148 2 KSEW/SUK/040208 KARACHI SHIPYARD & ENGINEERING WORKS LTD-SUKUK (04-02-08) Non-Traded 100.3966 3 NIPC/SUK/110807 NATIONAL INDUSTRIAL PARK DEVEL. & MANAGEMENT Co. SUKUK (11-08-07) Non-Traded 101.7270 4 SCB/TFC/010206 SCB (PAK) LTD-TFC (01-02-06) Traded 102.0816 5 WAPDA/SUK/050106 WAPDA-SUKUK (05-01-06) Non-Traded 100.3857 6 WAPDA/SUK/130707 WAPDA-SUKUK (13-07-07) Non-Traded 96.5078 RATED AA+ 7 OLPL/TFC/250507 ORIX LEASING PAKISTAN LTD-TFC (25-05-07) - Amortization Non-Traded 97.9452 8 OLPL/TFC/150108 ORIX LEASING PAKISTAN LTD-TFC (15-01-08) Non-Traded 100.6494 9 OLPL/TFC/300611 ORIX LEASING PAKISTAN LTD-TFC (30-06-11) **** Non-Traded 100.4999 RATED AA 10 BAHL/TFC/150704 BANK AL-HABIB LTD-TFC (15-07-04) 10% cap - Amortization Non-Traded 92.3230 11 BAHL/TFC/070207 BANK AL-HABIB LTD-TFC (07-02-07)**** Non-Traded 102.4668 12 BAHL/TFC/150609 BANK AL-HABIB LTD-TFC (15-06-09)**** Non-Traded 107.6500 13 BAHL/TFC/300611 BANK AL-HABIB LTD-TFC (30-06-11) Traded 106.0938 14 ENGROC/TFC/010211 ENGRO CORPORATION LTD-TFC (01-02-11) **** Non-Traded 100.9434 15 ENGROC/TFC/160911 ENGRO CORPORATION LTD-TFC (16-09-11) Non-Traded 102.9198 16 ENGRO/TFC/301107 ENGRO FERTILIZER LTD-TFC (30-11-07) **** -
GSK Q1 Report 2021
Calibrating Precision GSK Pakistan Limited FirstAnnual Quarter Report Report 20212020 CORPORATE INFORMATION As at March 31, 2021 Board of Directors Management Committee Disclosure Committee Mr. Dmytro Oliinyk Ms. Erum Shakir Rahim Ms. Erum Shakir Rahim Chairman Chief Executive Officer Chairperson Ms. Erum Shakir Rahim Mr. Abdul Samad* Mr. Abdul Samad* Chief Executive Officer Chief Financial Officer Member Mr. Abdul Samad* Mehar-e-daraksha Ameer Mr. Dmytro Oliinyk Chief Financial Officer Legal Director Member Ms. Maheen Rahman Dr. Tariq Farooq Mehar-e-daraksha Ameer Independent Director Business Unit Director BU 1 Member Mr. Muneer Kamal Syed Nasir Farid** Company Secretary Independent Director Business Unit Director BU 2 Ms. Mehar-e-daraksha Ameer Mr. Mehmood Mandviwalla Dr. Naved Masoom Ali Non-Executive Director Business Unit Director BU 3 Chief Financial Officer Mr. Mark Dawson Khurram Amjad Mr. Abdul Samad* Non-Executive Director Director Commercial Chief Internal Auditor Excellence & CTC Audit Committee Syed Ahsan Ejaz Dr. Gohar Nayab Khan Mr. Muneer Kamal Regulatory Affairs Cluster Bankers Chairman Head - Pakistan & Iran Citibank NA Mr. Dmytro Oliinyk Mr. Abdul Haseeb Pirzada Deutsche Bank A.G. Member Director Corporate Affairs and Habib Bank Limited Administration Meezan Bank Limited Mr. Mark Dawson Standard Chartered Bank (Pakistan) Ltd Member Mr. Zain Anjum Country Compliance Officer Auditors Mr. Mehmood Mandviwalla Member Dr. Yousuf Hasan Khan Yousuf Adil & Co. Chartered Director Medical Accountants Ms. Maheen Rahman Member Syed Nabigh Raza Alam Legal Advisors Tech Head Hashmi & Hashmi Human Resource Mr. Obaid Siddiqui Faisal, Mahmood Ghani and Co & Remuneration Head of Procurement Legal Consultancy Inc. Committee Mr. Farqaleet Iqbal Registered Office Mr. -
GSK Annual Report 2016
Annual Report Transcending boundaries is in our DNA. This is evident in how we continue to discover, develop and bring to market, new medicines and vaccines to address the unmet needs of healthcare providers and their patients. As a responsible healthcare company, we drive change by adopting new and innovative methodologies, aligned with our values, so that we can better serve the evolving needs of our society and enable more patients to benefit from our medicines. We firmly believe that keeping the patient at the heart of everything we do is integral to our success; inspiring us to continue on this journey and transcend boundaries. GSK Contents 002 026 062 Our Vision, Mission and Core Vaccines Key Operating and Financial Data Values 028 065 004 Primary Care Direct Cash Flow Statement Corporate Information 030 066 006 Specialty Business Unit Horizontal Analysis Financial Highlights 031 067 007 Medical Affairs Vertical Analysis DUPONT Analysis 032 070 008 Awards 2016 Statement of Compliance with the The GSK Story 034 Code of Corporate Governance 010 Global Manufacturing & Supply 072 GSK Expectations (GMS) Review Report to the Members 011 035 073 Strategic Priorities Warehousing and Auditors Report to the Members 012 Distribution (W&D) 074 Company Profile & 036 Balance Sheet Group Structure Environment Health & Safety (EHS) 075 014 Profit and Loss Account Our Behaviour 038 Quality Management System (QMS) 076 015 Cash Flow Statement Organogram 040 Corporate Social Responsibility 077 016 (CSR) Statement of Changes in Equity Geographical Presence