Page 122 - InterloopAnnualReport2021

NOTES TO THE

FINANCIAL STATEMENTS

For the year ended June 30, 2021

2021 2020
Note (Rupees ‘000) (Rupees ‘000)
11. LONG TERM DEPOSITS
Considered good:
Security deposits - unsecured 60,478 38,337

12. STORES AND SPARES
Stores 336,118 311,225
Spares 862,998 751,299
1,199,116 1,062,524

13. STOCK IN TRADE
Raw materials 6,667,859 5,131,795
Work in process 1,368,804 589,622
Finished goods 3,239,645 3,089,208
11,276,308 8,810,625

14. TRADE DEBTS
Considered good:
Foreign
- Secured 14.1 6,234,955 4,375,676
- Unsecured 7,869,261 2,232,046
14,104,216 6,607,722
Local
- Unsecured 14.1 948,724 599,669
15,052,940 7,207,391

14.1 It includes receivables from following related parties;
Foreign
Texlan Center (Pvt) Limited 307,824 136,419
Eurosox Plus BV 75,155 120,799

Local
PrintKraft (Pvt) Limited – 485
Socks & Socks (Pvt) Limited 144,208 –
527,187 257,703

14.2 The maximum aggregate amount of receivable due from related parties at the end of any month during
the year was Rs. 623.720 million (2020: Rs. 757.49 million).
14.3 At June 30, 2021, trade debts due from related parties aggregating to Rs. 200.96 million (2020: Rs.
138.30 million) were past due but not impaired. The ageing analysis of these trade debts is as follows:

2021 2020
(Rupees ‘000) (Rupees ‘000)

Not yet due 326,230 119,407
Upto 1 month 83,776 75,746
More than 1 month 117,181 62,550
527,187 257,703

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