Page 171 - InterloopAnnualReport2020

NOTES TO THE UNCONSOLIDATED

FINANCIAL STATEMENTS

For the year ended June 30, 2020

8.2.1 Capital stores include factory tools and equipment, office equipment, electric installations and furniture and
fixtures that are held in store for future use and capitalization.

2020 2019
Note (Rupees ‘000) (Rupees ‘000)

8.3 Right of use assets
Buildings
Transition effect on initial application of IFRS–16 35,511 –
Additions during the year 94,112 –
129,623 –
For the year depreciation 8.3.1 16,835 –
Net book value 112,788 –

8.3.1 Depreciation expense relating to right of use assets – buildings of Rs. 12,471 thousand has been charged in
‘Cost of sales’ and Rs. 4,364 thousand in ‘Administrative expenses’.

8.4 Details of immovable property in the name of the Company:
Usage Location Area

Plant 1 Chak # 76 RB. 1 – KM, Jaranwala Road,
Khurrianwala, Faisalabad. 19 Acres 7 Kanals 12 Marlas
Chak # 194 RB. 1 – KM, Jaranwala Road,
Khurrianwala, Faisalabad. 3 Acres 13 Marlas
Chak # 108 RB. 1 – KM, Jaranwala Road,
Khurrianwala, Faisalabad. 9 Marlas

Interloop Industrial Park – Chak # 103 RB, 7 – KM, Jaranwala Road, 99 Acres 3 Kanals 9 Marlas 5
(Plant 2, Plant 4 & Khurrianwala, Faisalabad. Sarsai
Spinning) Chak # 106 RB, 6 – KM, By Pass Road,
Khurrianwala, Faisalabad. 14 Acres 3 Kanals 12 Marlas
Chak # 103 RB, 7 – KM, Jaranwala Road,
Khurrianwala, Faisalabad. 39 Acres 7 Kanals 15 Marlas

Plant 3 8 – KM, Manga Raiwind Road, Distt. Kasur, Lahore. 41 Acres 3 Kanals 8 Marlas

Denim Division 8 – KM, Manga Raiwind Road, Distt. Kasur, Lahore. 26 Acres 7 Kanals 14 Marlas

Plant 5 Chak # 106 RB, 6 – KM, By Pass Road, 105 Acres 4 Kanals 02 Marlas 8
Khurrianwala, Faisalabad. Sarsai

Land Chak # 200 RB, Near Toll Plaza Gatwala, 2 Acres 5 Marlas 5 Sarsai
Lathianwala, Faisalabad.

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