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Financial Analysis Of PSO

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Financial Analysis Of PSO
Lahore Garrison University

Financial Analysis Of
Thattha Cement

TABLE OF CONTENTS
INTRODUCTION OF PSO:
HISTORY OF PSO
PRINCIPLE DIVISIONS
PRINCIPLE COMPETITORS
FINANCIAL STATEMENTS FOR THATTA CEMENT
BALANCE SHEET COVER A PERIOD FROM YEAR 2012,2013 AND 2014
INCOME STATEMENT OF YEAR 2012,2013 AND 2014
FINANCIAL COMPARISON OF THATTA CEMENT FOR THE YEARS 2012,2013 and 2014
CURRENT RATIO
QUICK RATIO
GROSS PROFIT MARGIN
NET PROFIT MARGIN
WORKING CAPITAL
TOTAL CASH TURNOVER RATE

Introduction Of PSO

PSO is a public company with 1,940 employees. It is the leading oil company of Pakistan. The Pakistani government's move toward a nationalized oil sector began in 1974, with the passage of Petroleum Products (Federal Control) Act.Under the new legislation, the government took control of the two Pakistani oil companies, Pakistan National and Dawood Petroleum. Following the takeover, Dawood was renamed Premier Oil Company. Also in 1974, the government founded a new agency, the Petroleum Storage Development Corporation (PSDC). That entity was subsequently renamed Pakistan State Oil(PSO) in 1976. Following the adoption of the new name, PSO then took over both Pakistan National and Premier, in what was then the largest ever merger to take place in Pakistan. One month later, the government also took over the operations of Esso in Pakistan, which were placed under PSO. As such, PSO became the undisputed leader in the Pakistani market. Pakistan State Oil Company Limited is that country's leading oil marketing and distribution company. Formerly a state-run agency, PSO controls approximately 70 percent of Pakistan's total finished fuel products market,and as much as 80 percent of the total furnace oil market, the main fuel oil market in the country. PSO also controls 60 percent of the country's diesel fuel market. Despite a nationally operating network of more than 3,750 PSO-branded filling stations, many of which include convenience stores,

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    2010 3.17% 1.00% 0.16% 0.06% 0.00% 4.39% 0.06% 28.97% 58.10% 0.20% 0.18% 7.20% 0.02% 0.00% 0.88% 95.61% 100.00% 2009 4.60% 1.40% 0.26% 0.05% 3.28% 9.60% 0.07% 26.53% 52.48% 0.27% 0.36% 8.35% 0.46% 0.00% 1.88% 90.40% 100.00% 2008 5.95% 2.13% 0.38% 0.06% 0.32% 8.84% 0.09% 49.06% 26.67% 0.31% 0.32% 12.34% 0.00% 0.00% 2.37% 91.16% 100.00% 2007 10.89% 4.00% 0.84% 0.09% 0.54% 16.36% 0.17% 39.55% 18.20% 0.49% 2.12% 21.08% 0.00% 0.00% 2.04% 83.64% 100.00% 2006 10.94% 4.67% 0.99% 0.11% 0.58% 17.29% 0.18% 40.14% 16.70% 0.39% 1.84% 20.75% 0.00% 0.00% 2.71% 82.71% 100.00% 2005 15.78% 4.43% 1.47% 0.20% 0.24% 22.13% 0.25% 39.35% 12.98% 0.41% 1.39% 19.80% 0.00% 0.02% 3.67% 77.87% 100.00% 2004 18.25% 4.40% 2.15% 0.17% 0.44% 25.40% 0.45% 35.30% 14.01% 0.33% 2.34% 17.16% 1.20% 0.07% 3.73% 74.60% 100.00% Property, plant and equipment Long term investments Long term loans, advances and receivables Long term deposits and prepayments Deferred tax Total Non-Current Assets Current Assets Stores, spares and loose tools Stock-in-trade Trade debts Loans and advances Deposits and short term prepayments Other receivables Taxation - net Short Term Investments Cash and bank balances Total Current Assets Net Assets in Bangladesh Total Assets EQUITY AND LIABILITIES Share Capital Reserves Total Shareholders Equity Long term deposits Retirement and other service benefits Total Long term Liabilities Trade and other payables Provisions Accrued interest / mark-up Short term borrowings Taxes payable Total Current Liabilities HORIZONTAL ANALYSIS Property, plant and equipment Total Non-Current Assets Stock-in-trade Trade debts Other receivables Cash and bank balances Total Current Assets Total Assets Share Capital Reserves Total Shareholders Equity Total Long term Liabilities Trade and other payables Total Current Liabilities Total Equity & Liabilities 0.85% 13.66% 14.51% 0.47% 0.93% 1.40% 77.15% 0.34% 0.16% 6.44% 0.00% 84.09% 100% 2010 83% 82% 391%…

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