Page 174 - InterloopAnnualReport2020

NOTES TO THE UNCONSOLIDATED

FINANCIAL STATEMENTS

For the year ended June 30, 2020

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

12. LONG TERM DEPOSITS
Considered good:
Security deposits – unsecured 38,337 28,019
13. STORES AND SPARES
Stores 311,225 233,322
Spares 751,299 654,337
1,062,524 887,659

14. STOCK IN TRADE
Raw material 5,131,795 3,730,840
Work in process 589,622 597,562
Finished goods 3,089,208 1,954,089
8,810,625 6,282,491
15. TRADE DEBTS
Considered good:
Foreign
Secured 15.1 4,375,676 4,250,501
Unsecured 2,232,046 3,564,083
6,607,722 7,814,584
Local
Unsecured 15.1 599,669 433,156
7,207,391 8,247,740

15.1 It includes receivables from following related parties;
Foreign
IL Bangla Limited – 44,280
Texlan Center (Pvt) Limited 136,419 352,636
Eurosox Plus BV 120,799 293,422

Local
PrintKraft (Pvt) Limited 485 –
257,703 690,338

15.2 The maximum aggregate amount of receivable due from related parties at the end of any month during the
year was Rs. 757.49 million (2019: Rs. 1,052.51 million).

15.3 At June 30, 2020, trade debts due from related parties aggregating to Rs. 138.30 million (2019: Rs. 298.17
million) were past due but not impaired. The ageing analysis of these trade debts is as follows:
2020 2019
(Rupees ‘000) (Rupees ‘000)

Not yet due 119,407 392,170
Upto 1 month 75,746 119,452
More than 1 month 62,550 178,716
257,703 690,338

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