Page 246 - InterloopAnnualReport2020

NOTES TO THE CONSOLIDATED

FINANCIAL STATEMENTS

For the year ended June 30, 2020

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

15. STOCK IN TRADE
Raw material 5,165,103 3,735,355
Work in process 663,831 597,562
Finished goods 3,219,131 1,965,058
9,048,065 6,297,975

16. TRADE DEBTS
Considered good
Foreign
– Secured 16.1 4,438,657 4,276,821
– Unsecured 2,232,046 3,564,083
6,670,703 7,840,904
Local
– Unsecured 16.1 603,519 433,158
7,274,222 8,274,062

16.1 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

16.2 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).

16.3 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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