Scribd
Upload
79 views7 pages

Aeg Enterprise

The consolidated balance sheet as of June 30, 2020 shows total assets of PKR 396 billion including non-current assets such as property worth PKR 185 billion and current assets including trade receivables of PKR 7.4 billion. Total liabilities are PKR 285 billion comprising non-current liabilities such as loans of PKR 63 billion and current liabilities including short term financing of PKR 69 billion. Net assets are PKR 112 billion. Results for the period show income of PKR 121 billion but expenses of PKR 231 billion, resulting in a loss of PKR 110 billion.

Uploaded by

Muzammil Imran
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
79 views7 pages

Aeg Enterprise

The consolidated balance sheet as of June 30, 2020 shows total assets of PKR 396 billion including non-current assets such as property worth PKR 185 billion and current assets including trade receivables of PKR 7.4 billion. Total liabilities are PKR 285 billion comprising non-current liabilities such as loans of PKR 63 billion and current liabilities including short term financing of PKR 69 billion. Net assets are PKR 112 billion. Results for the period show income of PKR 121 billion but expenses of PKR 231 billion, resulting in a loss of PKR 110 billion.

Uploaded by

Muzammil Imran
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 7

Consolidated balance sheet AS AT 6/30/2020

Non- current Assets


Property - Emerald Tower 185,743,146
Leasehold improvements 6,290,737
Comp & comm equip 8,866,193
Furniture and fixtures 3,125,803
Automobiles (employees) 9,183,289
Net WDV 213,209,168
Investments -
Deferred Taxation 10,373,630
Total non-current assets 223,582,798

Current Assets
Trade receivables (7,394,735)
Loans and advances 15,462,267
Deposits & Prepayments 17,522,975
EK Dubai visa/ Eurail deposit 12,050,700
Other receivables 43,367,428

Taxation refundable - net 67,982,888


Cash and Bank Blances 23,106,630
AEG Ent 107,941
Easyway 576,378
Advance to bldg -
Total Current Assets 172,782,472
Total Assets 396,365,270

Liabilities
Non-current liabilities
Employee benefit obligations 89,350,414
Loan Property Emerald Tower 63,247,500
152,597,914
Currnt Liabilitues
Short term Financing 69,172,105
Trade and other payables 14,269,274
AP others 243007 11,934,846
Franchise fee 11,729,973
WWF 2,123,845
AEG TR -
Easyway 100,616
bldg rent AEG entp -
Int on loans 6,386,974
Audit fee/ Proff fee 7,260,059
Misc current liab 9,125,952
Total Current Liabibilities 132,103,644
Total Liabibilities 284,701,558
Net Assets 111,663,712

Share Capital & Reserves


Share Capital 76,285,072
Unapp profit & Reserve 75,718,210
Un realized gain Emerlad Property 70,000,000
Total Equity & Reserves 222,003,282

Results post COVID-19


Income YTD June 20 120,748,052
Expenses YTD June 20 (231,087,624)
Profit/ (loss) (110,339,572)
Net Equity & Reserves 111,663,710
UnConsolidated balance sheet AS AT 31DEC 2019

Non-current assets
Property and equipment 2,239,702
Intangible asset -
Investment properties 122,729,491
Investments 126,958,228
251,927,421
Current assets
Receivable from airline -
Other receivables 5,140,910
Dividend receivable -
Balances with banks 7,768,341
12,909,251

264,836,672

EQUITY AND LIABILITIES

Share capital

Issued, subscribed and paid-up capital 75,762,500

Revenue reserve
Unappropriated profit 5,533,550
81,296,050

Non current liabilities


Long term loans and advances 136,265,000
Deferred tax liability 10,145,359

Current liabilities
Current portion of long term loan 28,110,000
Loan from director -
Taxation payable 2,540,630
Trade and other payables 6,479,633
Total Equity & Liabilities 264,836,672
Consolidated balance sheet AS AT 31DEC 2018

Non Current Assets


property and equipment 167,636,790
intangible assets 92,895,800
long term deposits 18,904,875
long term loans and advances 17,293,178
Total non-current assets 296,730,643

Current Assets
Trade Receivables 925,354,177
Loans and Advances 19,906,601
Deposits and Prepayments 15,348,143
Other receivables 7,811,542
Taxation Recoverable 26,570,851
Cash and bank balances 63,613,473
Total Current Assets 1,058,604,787

Total Assets 1,355,335,430

EQUITY AND LIABILITIES

Share Capital
Issued, subscribed and paidup capital 75,762,500

Revenue Reserve
Unappropriated profit 142,230,937
General Reserve 2,878,944
220,872,381

Non current liabilities


longterm loan 70,275,000
Employee benefit obligations 77,862,127
Deffered Taxation-net 8,094,055
156,231,182
Current liabilities
Short term loans 668,856,845
loan from director 18,000,000
trade and other payables 291,375,022
978,231,867
1,134,463,049

Total Equity & Liabilities 1,355,335,430


Consolidated PNL for 30 Jun 2020 Unconsolidated PNL for the year ended 31 Dec 2

Net Revenue 120,748,052 Commission income from airline


Dividend income
Administrative and general expenses (198,443,624)

Gross Profit/ (Loss) (77,695,572) Administrative expenses


Other income
Other Income 0
Operating profit
Other Expenses (2,340,000)

Finance Cost (20,304,000) Finance cost and other expenses

Profit/ (Loss) before Taxation (100,339,572) Loss before income tax

Income tax expense

Loss after taxation

Loss per share


Consolidated PNL for the year ended 31 DEC 2018
NL for the year ended 31 Dec 2019 Net Revenue

301,900 Operating and Admin expenses


- Gross Profit
301,900 Other Income

(11,860,912) Other Expenses


12,766,816
905,904 Finance Costs
1,207,804 Profit before Taxation
Taxation
Loss after Taxation
(15,379,683)
Loss per share- basic and diluted
(14,171,879)

(4,394,426)

(18,566,305)

-2.45
d PNL for the year ended 31 DEC 2018
526,806,578

(446,530,192)
80,276,386
2,861,230

(8,017,020)
75,120,596
(56,193,226)
18,927,370
(29,620,896)
(10,693,526)

1.41

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy