Page 272 - InterloopAnnualReport2020

NOTES TO THE CONSOLIDATED

FINANCIAL STATEMENTS

For the year ended June 30, 2020

2020
Carrying Amount Fair Value
Fair value Other
through Amortized financial Total Level 1 Level 2 Level 3 Total
profit or cost liabilities
loss
(Rupees ‘000)
On balance sheet financial instruments
Financial assets not measured at fair value
Long term loans – 119,698 – 119,698 – – – –
Long term investment – 500,000 – 500,000 – – – –
Long term deposits – 43,987 – 43,987 – – – –
Trade debts – 7,274,222 – 7,274,222 – – – –
Loans and advances – 59,355 – 59,355 – – – –
Other receivables – 181,143 – 181,143 – – – –
Accrued income – 2,239 – 2,239 – – – –
Short term investments – 125,044 – 125,044 – – – –
Cash and bank balances – 161,080 – 161,080 – – – –
– 8,466,768 – 8,466,768 – – – –

Financial liabilities measured at fair value – – – – – – – –
Financial liabilities not measured
at fair value
Long term financing – – 7,285,098 7,285,098 – – – –
Lease liabilities – – 227,844 227,844 – – – –
Trade and other payables – – 2,909,590 2,909,590 – – – –
Unclaimed dividend – – 2,952 2,952 – – – –
Accrued mark up – – 210,282 210,282 – – – –
Short term borrowings – – 14,904,829 14,904,829 – – – –
– – 25,540,595 25,540,595 – – – –

2019
Carrying Amount Fair Value
Fair value Other
through Amortized financial Total Level 1 Level 2 Level 3 Total
profit or cost liabilities
loss
(Rupees ‘000)
On balance sheet financial instruments
Financial assets measured at fair value
Investments in mutual funds 130,896 – – 130,896 130,896 – – 130,896
Financial assets not measured at fair value
Long term loans – 73,262 – 73,262 – – – –
Long term deposits – 33,120 – 33,120 – – – –
Trade debts – 8,274,062 – 8,274,062 – – – –
Loans and advances – 66,343 – 66,343 – – – –
Other receivables – 83,980 – 83,980 – – – –
Accrued income – 10,441 – 10,441 – – – –
Short term investments – 1,076,355 – 1,076,355 – – – –
Cash and bank balances – 1,542,907 – 1,542,907 – – – –
130,896 11,160,470 – 11,291,366 130,896 – – 130,896

Financial liabilities measured at fair value – – – – – – – –
Financial liabilities not measured at fair value
Long term financing – – 4,875,936 4,875,936 – – – –
Trade and other payables – – 3,248,567 3,248,567 – – – –
Unclaimed dividend – – 130,935 130,935 – – – –
Accrued mark up – – 113,942 113,942 – – – –
Short term borrowings – – 11,855,742 11,855,742 – – – –
– – 20,225,122 20,225,122 – – – –

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