half yearly
report
december 31
2021
At Maple Leaf we connect black as a colour of creativity, it's poetic. As a leader we must be creative and encourage the creativity and innovation of our team members too. Nothing is purer than something completely black-a blanket of spirituality comes to mind. Maple Leaf Cement sees the world in situational shades of black rather than as a completely black and white world.
When things are in black, there is a finality and a commitment to us. As a leader our intentions must be pure, our ethics must be in check, and we must be as transparent to others in our thoughts and actions as possible. As leaders we are committed, hold firm to commitments and lead from that foundation. That commitment level makes things clearer for us from darkness.
Therefore easier for us to lead and more consistent for others resulting black consciousness which is an attitude of the mind and a way of life, the most positive call to emanate from the new corporate world because stars can't shine without darkness.
CONTENTS
CONDENSED INTERIM UNCONSOLIDATED FINANCIAL STATEMENTS | |
Company Information........................................................................................... | 2 |
Directors' Review................................................................................................. | 4 |
Independent Auditor's Review Report................................................................... | 7 |
Condensed Interim Unconsolidated Statement of Financial Position..................... | 8 |
Condensed Interim Unconsolidated Statement of Profit or Loss ........................ | 10 |
Condensed Interim Unconsolidated Statement of Comprehensive Income......... | 11 |
Condensed Interim Unconsolidated Statement of Cash Flows............................ | 12 |
Condensed Interim Unconsolidated Statement of Changes in Equity.................. | 13 |
Selected Explanatory Notes to the Condensed Interim Unconsolidated | |
Financial Statements....................................................................................... | 14 |
CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS | |
Directors' Review............................................................................................... | 35 |
Condensed Interim Consolidated Statement of Financial Position....................... | 36 |
Condensed Interim Consolidated Statement of Profit or Loss............................. | 38 |
Condensed Interim Consolidated Statement of Comprehensive Income............. | 39 |
Condensed Interim Consolidated Statement of Cash Flows............................... | 40 |
Condensed Interim Consolidated Statement of Changes in Equity..................... | 41 |
Selected Explanatory Notes to the Condensed Interim | |
Consolidated Financial Statements.................................................................. | 42 |
Half Yearly Report 2021 1
COMPANY INFORMATION
Board of Directors | |
Mr. Tariq Sayeed Saigol | Chairman |
Mr. Sayeed Tariq Saigol | Chief Executive |
Mr. Taufique Sayeed Saigol | |
Mr. Waleed Tariq Saigol | |
Mr. Danial Taufique Saigol | |
Ms. Jahanara Saigol | |
Mr. Shafiq Ahmed Khan | |
Mr. Zulfikar Monnoo | |
Syed Mohsin Raza Naqvi | |
Executive Directors | |
Mr. Sohail Sadiq | Finance |
Mr. Yahya Hamid | Marketing |
Audit Committee | |
Mr. Shafiq Ahmed Khan | Chairman |
Mr. Zulfikar Monnoo | Member |
Mr. Waleed Tariq Saigol | Member |
Mr. Danial Taufique Saigol | Member |
Human Resource & Remuneration Committee | |
Mr. Shafiq Ahmed Khan | Chairman |
Mr. Zulfikar Monnoo | Member |
Mr. Danial Taufique Saigol | Member |
Chief Financial Officer
Syed Mohsin Raza Naqvi
Company Secretary
Mr. Muhammad Ashraf
Chief Internal Auditor
Mr. Zeeshan Malik Bhutta
Bankers of the Company
Allied Bank Limited
Askari Bank Limited
Bank Alfalah Limited
Bank Al-Habib Limited
BankIslami Pakistan Limited
Albaraka Bank (Pakistan) Limited
Dubai Islamic Bank Limited
Faysal Bank Limited
FINCA Microfinance Bank Limited
Habib Bank Limited
Habib Metropolitan Bank Limited
MCB Bank Limited
MCB Islamic Bank Limited
Meezan Bank Limited
National Bank of Pakistan
2 Maple Leaf Cement Factory Limited
PAIR Investment Company Limited
Samba Bank Limited
Silk Bank Limited
Soneri Bank Limited
Standard Chartered Bank (Pakistan) Limited
Summit Bank Limited
The Bank of Punjab
U Microfinance Bank Limited
United Bank Limited
Auditors
KPMG Taseer Hadi & Co.
Chartered Accountants
351 Shadman-1, Jail Road, Lahore, Pakistan.
Tel: +92 42 111-KPMGTH (576484)
Fax: +92 42 37429907
Legal Adviser
Mr. Abdul Rehman Qureshi
Advocate High Court
Registered Office
42-Lawrence Road, Lahore. Phone: +92 42 36278904-5 Fax: +92 42 36368721 E-mail: mohsin.naqvi@kmlg.com
Factory
Iskanderabad, District: Mianwali
Phone: +92 459 392237-8
Call Centre (24 / 7) 0800-41111
Share Registrar
Vision Consulting Ltd
Head Office: 3-C, LDA Flats, First Floor,
Lawrence Road, Lahore
Phone: +92 42 36283096-97
Fax: +92 42 36312550
E-mail: shares@vcl.com.pk
Company Website
www.kmlg.com
Note
MLCFL's Financial Statements are also available at the above website.
Half Yearly Report 2021 3
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Maple Leaf Cement Factory Limited published this content on 25 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2022 10:01:01 UTC.