Page 177 - InterloopAnnualReport2020

NOTES TO THE UNCONSOLIDATED

FINANCIAL STATEMENTS

For the year ended June 30, 2020

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

20. SHORT TERM INVESTMENTS
Mutual Funds – Fair value through profit or loss:
Alfalah GHP Alfa Fund – 17,306
Alfalah GHP Sovereign Fund – 58,944
Meezan Islamic Fund – 34,795
Meezan Sovereign Fund – 7
NAFA Financial Sector Income Fund – 909
NAFA Stock Fund – 16,986
NAFA Money Market Fund – 1,555
UBL Government Securities Fund – 394
– 130,896
Term Deposit Receipts (TDRs) – Amortized cost: 20.1
The Bank of Punjab – 150,347
Allied Bank Limited 125,044 –
National Bank of Pakistan – 790,908
125,044 941,255
Sales Tax Refund Bonds – Amortized cost:
FBR Refund Settlement Company (Private) Limited – 135,100
125,044 1,207,251

20.1 Short term investment in TDRs earned interest at effective rate of 6.40% to 12.60% per annum (2019: 11.55%
to 12.05% per annum). Accrued profit amounting to Rs. 0.044 million (2019: Rs. 1.255 million) is included in
the carrying value.

2020 2019
(Rupees ‘000) (Rupees ‘000)
21. CASH AND BANK BALANCES
Cash in hand 14,169 26,353
Cash at banks
In current accounts 76,510 1,440,947
In foreign currency accounts 60,108 71,264
136,618 1,512,211
150,787 1,538,564

22. AUTHORIZED SHARE CAPITAL
2020 2020 2019 2020 2019
(Number of shares in ‘000) (Rupees ‘000) (Rupees ‘000)

965,000 965,000 Ordinary shares of Rs. 10 each 9,650,000 9,650,000
35,000 35,000 Non–voting ordinary shares of Rs. 10 each 350,000 350,000
1,000,000 1,000,000 10,000,000 10,000,000

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