Page 267 - InterloopAnnualReport2020

NOTES TO THE CONSOLIDATED

FINANCIAL STATEMENTS

For the year ended June 30, 2020

47.1 Following are the related parties with whom the Company had entered into transactions or have arrangements
/ agreements in place.

Common Directorship Address
Basis of / Percentage of and Country
Company Relationship shareholding of Incorporation
IL Bangla Limited Associate 31.61% House # 267, Road # 19, New
DOHS Mohakhali, Dhaka,
Bangladesh
Interloop Holdings (Pvt) Limited Associate Common Directors Al–Sadiq Plaza, P–157, Railway
Road, Faisalabad, Pakistan
Interloop Dairies Limited Associate Common Directors Al–Sadiq Plaza, P–157, Railway
Road, Faisalabad, Pakistan
Momentum Logistics (Pvt) Limited Associate Subsidiary of Associate Al–Sadiq Plaza, P–157, Railway
Road, Faisalabad, Pakistan
Shifa Medical Center Islamabad Associate Common Directors Shifa International Hospitals,
(Pvt) Limited Sector H-8/4 Islamabad,
Pakitan
Printkraft (Pvt) Limited Associate Subsidiary of Associate Al–Sadiq Plaza, P–157, Railway
Road, Faisalabad, Pakistan
Texlan Center (Pvt) Limited Associate Common Directors Dagonna Road, Minuwangoda,
Sri Lanka.
IRC Dairy Products (Pvt) Limited Associate Subsidiary of Associate Al–Sadiq Plaza, P–157, Railway
Road, Faisalabad, Pakistan
Global Veneer Trading Limited Associate N/A Bahnhofasteasse22, 6300 Zug,
Switzerland.
Eurosox Plus BV Associate N/A Constructieweg 1, 7451 PS
Holten, Netherlands
Interloop Welfare Trust Trustee N/A Al–Sadiq Plaza, P–157, Railway
Road, Faisalabad, Pakistan
Interloop Limited ESOS Trustee N/A Al–Sadiq Plaza, P–157,
Management Trust Railway Road, Faisalabad,
Pakistan
Interloop Provident Fund Trust Trustee N/A Al–Sadiq Plaza, P–157, Railway
Road, Faisalabad, Pakistan

2020 2019
48. NUMBER OF EMPLOYEES
Average number of employees during the year 21,013 16,579
Number of employees at end of the year 22,438 17,953

265