SECY/

May 19, 2023

The General Manager,

Pakistan Stock Exchange Ltd (PSX),

Stock Exchange Building,

Stock Exchange Road,

KARACHI.

SUB:

Holding of Corporate Briefing Session (CBS)

Lalpir Power Limited

Dear Sir,

With reference to your letter dated May 16, 2023, we are pleased to attached Presentation to be presented in CBS of Lalpir Power Limited scheduled on Wednesday, May 24, 2023 at 3:30 p.m. at LSEFSL's Auditorium, LSE Plaza, 19 Khayaban-e-Aiwan-e-Iqbal, Lahore.

Also please find hereunder Zoom Link for Investors, Analysts and Shareholders who desirous to attend CBS virtually

https://us02web.zoom.us/j/83460958132?pwd=NkkwMlhyQWJQODRCNFFwTlZlYWp4Zz09

Meeting ID: 834 6095 8132

Passcode: 041607

We request you to kindly condone the overlooking of above information required to be sent along with announcement.

Thanking you,

Khalid Mahmood Chohan

Company Secretary

LALPIR POWER LIMITED

Corporate Briefing Session

on Annual Audited Accounts

for the Financial Year ended December 31, 2022

Company Brief

  • Located at Mehmood Kot, Muzaffargarh Punjab
  • Gross capacity: 362 MW
  • Net/ Dependable Capacity: 350 MW
  • Technology: Oil-Fired Steam Turbine
  • Established under the "Power Policy 1994"
  • Incorporated in year 1994
  • Commissioning Date: November 6, 1997
  • Shares listed in year 2013

Statement of Financial Position As at December 31, 2022

EQUITY AND LIABILITIES

SHARE CAPITAL AND RESERVES

Authorised share capital 500,000,000 (2021: 500,000,000) ordinary shares of Rupees 10 each

Issued, subscribed and paid-up share capital Capital reserve

Revenue reserve - un-appropriated profit

Total equity

LIABILITIES

NON-CURRENT LIABILITIES

Long term financing Employee benefit - gratuity Deferred income - Government grant

CURRENT LIABILITIES

Trade and other payables Accrued mark-up / profit Short term borrowings

Current portion of non-current liabilities Unclaimed dividend

Total liabilities

TOTAL EQUITY AND LIABILITIES

2022

2021

(Rupees in thousand)

5,000,000

5,000,000

3,798,387

3,798,387

107,004

107,004

13,814,941

11,668,299

17,720,332

15,573,690

-

-

25,207

26,537

-

-

25,207

26,537

496,802

370,024

176,998

55,346

4,546,222

1,639,669

-

55,458

5,908

7,747

5,225,930

2,128,244

5,251,137

2,154,781

22,971,469

17,728,471

ASSETS

NON-CURRENT ASSETS

Fixed assets

Investment properties

Long term investment

Long term loans to employees

Long term security deposits

CURRENT ASSETS

Stores, spare parts and other consumables Fuel stock

Trade debts

Short term investment

Loans, advances and short term prepayments Loan to associated company

Other receivables Advance income tax Accrued interest Sales tax recoverable Cash and bank balances

Non-current assets classified as held for sale

TOTAL ASSETS

2022

2021

(Rupees in thousand)

4,718,642

5,694,942

-

-

-

-

15,068

12,636

1,850

350

4,735,560

5,707,928

1,130,372

913,118

1,871,923

2,597,661

12,449,518

5,633,622

5,116

-

399,091

363,263

-

350,000

301,420

289,871

273,885

270,442

-

3,123

1,801,849

1,487,421

2,735

19,969

18,235,909

11,928,490

-

92,053

18,235,909

12,020,543

22,971,469

17,728,471

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE

INCOME FOR THE YEAR ENDED DECEMBER 31, 2022

REVENUE FROM CONTRACT WITH CUSTOMER

COST OF SALES

GROSS PROFIT

ADMINISTRATIVE EXPENSES

OTHER EXPENSES

OTHER INCOME

PROFIT / (LOSS) FROM OPERATIONS

FINANCE COST

PROFIT / (LOSS) BEFORE TAXATION

TAXATION

PROFIT / (LOSS) AFTER TAXATION

OTHER COMPREHENSIVE INCOME / (LOSS) :

ITEMS THAT WILL NOT BE RECLASSIFIED TO PROFIT OR LOSS: REMEASUREMENTS OF DEFINED BENEFIT PLAN

ITEMS THAT MAY BE RECLASSIFIED SUBSEQUENTLY TO PROFIT OR LOSS

TOTAL COMPREHENSIVE INCOME / (LOSS) FOR THE YEAR

EARNINGS / (LOSS) PER SHARE - BASIC AND DILUTED (RUPEES)

2022

2021

(Rupees in thousand)

37,611,016

18,653,788

(34,125,274)

(18,562,969)

3,485,742

90,819

(199,555)

(169,512)

(9,026)

(35,244)

126,425

49,529

3,403,586

(64,408)

(696,213)

(741,875)

2,707,373

(806,283)

-

-

2,707,373

(806,283)

9,027

(4,856)

-

-

9,027

(4,856)

2,716,400

(811,139)

7.13

(2.12)

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Lalpir Power Ltd. published this content on 19 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2023 10:51:05 UTC.