Page 106 - CCL AR 2017 Final

Profit and Loss Account

for the year ended June 30, 2017

Note 2017 2016
(Rupees in ‘000)

Turnover - net 23 9,645,399 7,079,368

Cost of sales 24 (6,432,281) (4,445,307)

Gross profit 3,213,118 2,634,061

Distribution costs 25 (279,998) (234,241)
Administrative expenses 26 (225,109) (192,278)
Other expenses 27 (143,389) (155,789)
(648,496) (582,308)

Other income 28 133,384 43,352

Operating profit 2,698,006 2,095,105

Finance costs 29 (188,215) (43,708)

Profit before taxation 2,509,791 2,051,397

Taxation
Current - for the year (187,883) (600,101)
- prior year 37,165 (5,943)
Deferred (402,511) (40,161)
30 (553,229) (646,205)

Net profit for the year 1,956,562 1,405,192

Earnings per share – basic and diluted 31 Rs. 11.08 Rs. 7.96

The annexed notes from 1 to 41 form an integral part of these financial statements.

Omar Faruque Azam Faruque Yasir Masood
Chairman Chief Executive Chief Financial Officer

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