Sales Volume

(Million
Tons)

Profit & Loss Account

Sales
Revenue
Net Revenue
Gross Profit
Operating
(Loss) /
Profit

Marketing &
Administrati
ve Expenses
(Loss) /
Profit before
Tax
(Loss) /
Profit after
Tax
Earning
before
Interest,
taxes,
depreciation
&
Amortization
(EBITDA)
Copex

Balance Sheet
Share Capital
Reserves

Shareholders
' Equity
Property
Plant &
Equipment
Net current
assets
Long Term
Liabilities

Profitabiltiy Ratios
Gross Profit
ratio
Net Profit
ratio
EBITDA
margin

Return on
Shareholders
' Equity
Return on
total assets
Return on
capital
employed

Asset utilisation
Inventory
turnover
ratio
Debtor
turnover
ratio
Creditor
turnover
ratio
Total asset
turnover
ratio
Fixed asset
turnover
ratio

Investment
Earning per
share

Market value
per share
(Year End)
Highest Price
Lowest Price
Break-up
value

Price earning
ratio (P/E)
Dividend per
share
Dividend
payout
Dividend
yield
Dividend
cover ratio

Leverage
Interest
Cover ratio
Current
Ratio
Quick Ratio

PAKISTAN STATE OIL

Rs. Billion

2011

2010

2009

2008

2007

2006 2005

12.9

14.2

13.2

13

11.8

9.8

9.7

974,917

877,173

719,282

583,214

411,058

352,515

253,777

820,530

742,758

612,696

495,279

349,706

298,250

212,504

34,280

29,166

3,010

30,024

12,259

17,207

13,746

25,217

27,329

-5,577

22,451

7,950

11,264

9,340

6,690

5,181

5,113

4,425

3,748

3,428

3,219

17,974

17,963

-11,357

21,377

7,122

11,418

9,191

14,779

9,050

-6,699

14,054

4,690

7,525

5,656

31,017

29,028

-3,983

23,912

9,420

13,385

10,546

859

559

694

620

1,609

751

1,506

1,715

1,715

1,715

1,715

1,715

1,715

1,715

40,188

27,621

19,156

29,250

19,224

19,098

15,830

Profit & Loss Account

Balance Sheet

41,903

29,336

20,871

30,965

20,939

20,813

17,545

6,114

6,411

7,056

7,567

8,138

7,674

8,256

35,302

23,298

8,666

22,143

11,128

10,978

7,970

3,257

2,836

2,528

2,409

2,412

2,299

1,999

3.5

3.3

0.42

5.15

2.98

4.88

5.42

1.5

-0.93

2.41

1.14

2.13

2.23

3.18

3.31

-0.55

4.1

2.29

3.8

4.16

35.3

30.8

-32.1

45.39

22.4

36.16

32.24

5.6

4.5

-4.37

11.06

6.28

10.72

10.81

66.2

31.1

15.5

68.1

35.4

54.1

48.9

(x)

12.7

14.37

13.9

10.1

11.7

11.5

11.2

(x)

8.9

12.6

24.6

32.5

38.1

39.9

(x)

5.7

6.1

6.3

9.6

10.8

12.5

13.5

(x)

4.19

4.93

5.13

5.78

5.67

5.76

5.36

(x)

155.7

130.3

98.4

74.3

52

44.3

31.7

Rs.

86.17

52.76

-39.05

81.94

27.34

43.87

32.98

Profitabiltiy Ratios

Asset utilisation

Investment

Rs.

264.58

260.2

213.65

417.24

391.45

309

386

Rs.

313.8

342.95

428.79

539.7

418.3

452.3

490.1

Rs.

236.68

218.33

96

317.5

280.5

264.65

239

Rs.

244

171

121

180

122

121

102

(x)

3.1

4.9

-5.5

5.1

14.3

11.7

Rs.

10

23.5

21

34

26

11.6

15.16

28.68

76.81

77.5

78.84

3.78

3.07

2.34

5.63

5.36

11

6.74

(x)

8.59

15.16

3.49

1.3

1.29

1.27

(x)

2.5

2.8

16.4

6.9

12.7

25.2

1.16

1.14

1.07

1.24

1.22

1.23

1.24

0.72

0.79

0.75

0.57

0.64

0.63

0.62

Leverage

(x)

Income [
+]

in Millions of Dollars
Dec-10

Operating
Revenue

8,866

Adjustments
to Revenue
Cost of
Revenue

-3,667

Gross
Operating
Profit

5,200

Selling/Gener
al/Admin
Expense

-3,715

Research &
Development
EBITDA
(Operating
Income
Before
Depreciatio
n)

1,484

Depreciation
&
Amortization

-385

Operating
Income
Interest
Income
Other
Income, Net
Total
Income
Before
Interest
Expense
(EBIT)
Interest
Expense
Income
Before Tax
Income
Taxes

1,099
56

64

1,220
-171

1,049
-229

Minority
Interest

-5

Net Income
from
Continuing
Operations

820

Net Income
from
Discontinued
Operations

1,215

Net Income
from Total
Operations

2,035

Normalized
Income

Extraordinary
Income/Loss
Special
Income/Char
ges

820

Income from
Cum. Effect
of Acct
Change

Income from
Tax Loss
Carryforward

Other Gains

Total Net
Income

Results [
+]

2,031

in Dollars (Preferred
Dividends in Millions)
Dec-10

Dividends
Paid Per
Share
Preferred
Dividends
Basic EPS
from
Continuing
Operations

0.54
-

2.53

Basic EPS
from
Discontinued
Operations

Basic EPS
from Total
Operations

2.53

Diluted EPS
from
Continuing
Operations

2.53

Diluted EPS
from
Discontinued
Operations

Diluted EPS
from Total
Operations

2.53

Dec-09

Dec-08

Dec-07

8,300

7,003

8,262

-3,472

-2,880

-3,516

4,828

4,123

4,746

-3,503

-3,039

-3,577

1,326

1,084

1,169

-375

-285

-274

951

799

895

42

36

58

48

132

157

1,042

1,003

1,156

-197

-154

-226

845

849

930

-236

-250

-260

-60

-45

-52

609

556

617

137

-131

-54

746

425

563

609

556

617

686

425

563

Dec-09

Dec-08

Dec-07

0.53

0.63

0.59

0.86

0.7

0.77

-0.16

-0.07

0.86

0.53

0.71

0.86

0.7

0.77

-0.16

-0.07

0.86

0.53

0.71

Dec-06

7,815

-3,339

4,476

-3,428

1,048

-251
797
53

210

1,107
-229

878
-8

-45

825

49

874

825

874

Dec-06

0.5
-

1.03

0.06

1.09

1.03

0.06

1.09