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Annual Report 2010 of Mahmood Textile Mills Ltd.

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Annual Report 2010 of Mahmood Textile Mills Ltd.
Annual Report 2010

VISION STATEMENT
To be recognized internationally and locally as dynamic, quality conscious and ever progressive Textile Product manufacturer in the Textile Industry of Pakistan

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Mahmood Textile Mills Ltd.

MISSION
Mahmood Group is committed to: Be ethical in its practices. Excel through continuous improvement by adopting most modernized technology in production. Operate through professional Team work. Retain our position as leading and innovative in the Textile Industry. Achieve Excellence in the quality of our product. Be a part of country's economic development and social Prosperity.

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Annual Report 2010

CONTENTS
Company Information Notice of Meeting Directors' Report Key Operating/Financial Highlights Statement of Compliance of Corporate Governance Auditors' Review Report on Statement of Compliance of Corporate Governance Auditors' Report Balance Sheet Profit & Loss Account Cash Flow Statement Statement of Changes in Equity Notes to the Accounts Pattern of Share Holding Form of Proxy 04 05 11 17 18 20 21 22 23 24 25 26 61 63

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Mahmood Textile Mills Ltd.

COMPANY INFORMATION
Board of Directors:
Khawaja Muhammad Masood Khawaja Muhammad Iqbal Khawaja Muhammad Ilyas Khawaja Muhammad Younus Jalal-ud-Din Roomi Mrs. Mehr Fatima Muhammad Muzafar Iqbal Chairman Chief Executive Officer Director Director Director Director Director

Bankers
MCB Bank Ltd. United Bank Limited Habib Bank Limited Allied Bank Limited Bank Al-Habib Limited Meezan Bank Ltd.

Mills
Mahmoodabad, Multan Road, Muzaffargarh. Masoodabad, D.G. Khan Road, Muzaffargarh.

Chief Financial Officer
Muhammad Amin Pal F.C.A.

Company Secretary
Ghulam Mohayuddin

Registered Office
Mehr Manzil, Lohari Gate, Multan. Tel.: 061-111-181-181 Fax: 061-4511262 E-mail: info@mahmoodgroup.com

Auditors
Hameed Chaudhri & Co Chartered Accountants H M House, 7-Bank Square, Lahore.

Share Registrar
Hameed Majeed Associates (Pvt.) Ltd. H M House,
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