Page 129 - Interloop Annual Report 2018-2019

NOTES TO THE UNCONSOLIDATED NOTES TO THE UNCONSOLIDATED

FINANCIAL STATEMENTS FINANCIAL STATEMENTS

FOR THE YEAR ENDED JUNE 30, 2019 FOR THE YEAR ENDED JUNE 30, 2019

7.1.1 The detail of operating fixed assets disposed / written off during the year are as follows:
2019
COST DEPRECIATION W.D.V Description Cost Accumulated Book Value Sale Proceeds Gain / Mode of Disposal Particulars of Buyers
Depreciation (Loss)
Trial Pro- Rate Rupees in ‘000
DESCRIPTION As on As on As on
As on As on For the duction Adjust- %
July 1, 2018 Additions Deletions June 30, July 1, 2018 year Capitali- ments June 30, June 30, Assets having book value exceeding Rs. 500,000 each
2019
2019
2019
zation
Buildings
Rupees in ‘000 Civil Works - Satellite Unit 3,347 1,242 2,105 - (2,105) Rented Building
Owned Vacated
Rented Building
Civil Works - Satellite Unit 2,709 1,006 1,703 - (1,703) Vacated
Freehold land 929,470 651,162 - 1,580,632 - - - - - 1,580,632 - Rented Building
Civil Works - Chawla Store Expansion 5,071 2,074 2,997 - (2,997) Vacated
Buildings on freehold land 4,730,351 529,222 (17,251) 5,242,322 1,768,809 329,980 273 (7,174) 2,091,888 3,150,434 10 Rented Building
Fabrication of Finished Goods Store 3,646 1,869 1,777 - (1,777) Vacated
Plant and machinery 15,337,894 1,976,665 (298,702) 17,015,857 6,209,372 1,006,313 3,395 (193,303) 7,025,777 9,990,080 10
Sub Total 14,773 6,191 8,582 - (8,582)
Tools and equipments 853,508 129,094 (6,971) 975,631 332,256 60,111 175 (3,568) 388,974 586,657 10
Plant and Machinery
Office equipments 363,401 54,818 (9,903) 408,316 176,388 43,985 173 (5,383) 215,163 193,153 20 Dyeing Machine - Tupesa 2,503 1,972 531 344 (187) Negotiation Mian Rashid - Nisar Colony,
Faisalabad.
Electric installations 1,314,054 100,857 (35) 1,414,876 426,794 94,060 268 (20) 521,102 893,774 10 Mian Rashid - Nisar Colony,
Dryer - Tupesa - Sc2 4,861 3,677 1,184 143 (1,041) Negotiation
Faisalabad.
Furniture and fixtures 313,807 86,160 (3,890) 396,077 123,857 25,044 38 (2,270) 146,669 249,408 10 Dryer - Tupesa - Sc 3,539 2,668 871 143 (728) Negotiation Mian Rashid - Nisar Colony,
Faisalabad.
Vehicles 518,914 190,031 (126,355) 582,590 172,546 81,663 - (65,921) 188,288 394,302 20 Suction Blower System 3,179 1,671 1,508 29 (1,479) Negotiation Mian Rashid - Nisar Colony,
Sub total 24,361,399 3,718,009 (463,107) 27,616,301 9,210,022 1,641,156 4,322 (277,639) 10,577,861 17,038,440 Faisalabad.
Mian Rashid - Nisar Colony,
Bleaching Machine - Polycraft 992 460 532 29 (503) Negotiation Faisalabad.
Leasehold Nawab Spinning Mills (Pvt) Ltd,
Knitting Machine - Lonati - L454J 2,612 2,060 552 182 (370) Negotiation Chak No. 61 R.B, Near Sitara Ener-
Vehicles 2,439 - (2,439) - 1,272 78 - (1,350) - - 20 gy, Sheikhupura Road , Faisalabad.
Mian Maqsood - Sir Syed Town,
Knitting Machine - Santoni 2,505 1,965 540 13 (527) Negotiation
Sub total 2,439 - (2,439) - 1,272 78 - (1,350) - - Dajkot Road, Faisalabad.
Mian Maqsood - Sir Syed Town,
Knitting Machine - Santoni 2,505 1,965 540 13 (527) Negotiation
Dajkot Road, Faisalabad.
Grand total 24,363,838 3,718,009 (465,546) 27,616,301 9,211,294 1,641,234 4,322 (278,989) 10,577,861 17,038,440 Mian Maqsood - Sir Syed Town,
Knitting Machine - Sangiacomo 3,045 2,227 818 13 (805) Negotiation
Dajkot Road, Faisalabad.
Automatic Boarding Machine - Techo- 2,125 1,141 984 80 (904) Negotiation Muhammad Sarfraz - Chak No. 61,
2018 pea - Ghibli Sheikhupura Road, Faisalabad.
C O S T DEPRECIATION W.D.V Suction System Complete 3,780 633 3,147 53 (3,094) Negotiation Muhammad Safdar - Zulifqar
Colony, Faisalabad.
Trans- Trans- Diesel Generator - CMD38 Rating 35Kva 1,100 450 650 195 (455) Negotiation Muhammad Umer Farooq - Zulifqar
DESCRIPTION As on Addi- ferred to As on As on For the Adjust- ferred to As on As on Rate / 28Kw Prime 1500Rpm Colony, Faisalabad.
%
July 1, tions Deletions Interloop June 30, July 1, year ments Interloop June 30, June 30, Gas Genset - Ge Jenbacher - J 620
2017 Holdings 2018 2017 Holdings 2018 2018 GSE01 (Old Parts Scraped due to 19,241 13,757 5,484 - (5,484) Scraped Mr. Abdul Aziz
(Pvt) Ltd (Pvt) Ltd Overhauling of Generator)
Rupees in ‘000 Sub Total 51,987 34,646 17,341 1,237 (16,104)
Owned Tools and Equipments
Freehold land 908,736 43,746 - (23,012) 929,470 - - - - - 929,470 -
Fire Alarm System - Chawla Warehouse 1,439 602 837 - (837) Rented Building
Buildings on freehold land 4,143,968 586,383 - - 4,730,351 1,489,328 279,481 - - 1,768,809 2,961,542 10 Vacated
Fire Alarm System - Finished Goods 4,329 2,257 2,072 91 (1,981) Negotiation Muhammad Safdar - Zulifqar
Plant and machinery 13,539,015 1,971,008 (172,129) - 15,337,894 5,392,077 913,161 (95,866) - 6,209,372 9,128,522 10 Warehouses Colony, Faisalabad.
Tools and equipments 688,928 167,218 (2,638) - 853,508 276,704 56,751 (1,199) - 332,256 521,252 10 Sub Total 5,768 2,859 2,909 91 (2,818)
Office equipments 281,231 88,603 (6,433) - 363,401 141,233 40,647 (5,492) - 176,388 187,013 20
Furniture and Fixtures
Electric installations 1,070,689 243,365 - - 1,314,054 338,044 88,750 - - 426,794 887,260 10
Mr. Tariq - Darul Ehsan Town near
Furniture and fixtures 285,911 29,710 (1,814) - 313,807 105,062 20,077 (1,282) - 123,857 189,950 10 Palletizing and Racking System 1,550 876 674 - (674) Negotiation Rasheed Kanda, Samnundri Road,
Faisalabad.
Vehicles 423,779 162,606 (58,367) (9,104) 518,914 135,079 72,377 (33,341) (1,569) 172,546 346,368 20
Sub total 21,342,257 3,292,639 (241,381) (32,116) 24,361,399 7,877,527 1,471,244 (137,180) (1,569) 9,210,022 15,151,377 Sub Total 1,550 876 674 - (674) 2018 - 19
Interloop Limited Vehicles 2,439 - - - 2,439 981 291 - - 1,272 1,167 20 Annual Report
Leasehold
2,439
981
1,167
2,439
1,272
-
-
Sub total
-
-
-
291
Grand total 21,344,696 ,292,639 (241,381) (32,116) 24,363,838 7,878,508 1,471,535 (137,180) (1,569) 9,211,294 15,152,544
126 127