Attock Refinery Limited - Annual Report 2013
    CONTENTS  
       
    COMPANY OVERVIEW 02-29
    HONOURS & ACHIEVEMENTS 02
    VISION & MISSION 04
    CORE VALUES 05
    STRATEGIC PLAN 06
    COMPANY PROFILE, ACCREDITATIONS & CERTIFICATIONS 08
    SERIES OF FIRST & MAJOR EVENTS 10
    ARL PRODUCTS 12
    BOARD OF DIRECTORS 14
    BOARD COMMITTEES 16
    COMPANY INFORMATION 18
    THE MANAGEMENT 20
    MANAGEMENT COMMITTEES 22
    ORGANOGRAM 23
    HEALTH, SAFETY, ENVIRONMENT & QUALITY POLICY (HSEQ) 24
    ENERGY POLICY 25
    HUMAN RESOURCE POLICY 26
    WHISTLE BLOWING POLICY 27
    UNITED NATIONS GLOBAL COMPACT 28
       
    CHAIRMAN'S REVIEW & DIRECTORS' REPORT 30-51
    CHAIRMAN'S REVIEW 30
    DIRECTORS' REPORT 32
       
    SHAREHOLDER'S INFORMATION 52-66
    FINANCIAL STATISTICAL SUMMARY 52
    FINANCIAL HIGHLIGHTS OF ARL 54
    BALANCE SHEET COMPOSITION 57
    VERTICAL ANALYSIS 58
    HORIZONTAL ANALYSIS 60
    STATEMENT OF CONTRIBUTIONS & VALUE ADDITIONS 62
    FINANCIAL HIGHLIGHTS -AHL 63
    PATTERN OF SHAREHOLDING 64
       
    GOVERNANCE 68-76
    CODE OF CONDUCT 68
    STATEMENT OF COMPLIANCE WITH THE CODE OF CORPORATE GOVERNANCE 74
    REVIEW REPORT TO THE MEMBERS 76
   
 
    FINANCIAL STATEMENTS OF ATTOCK REFINERY LIMITED 79-114
    AUDITOR'S REPORT TO THE MEMBERS 79
    BALANCE SHEET 80
    PROFIT AND LOSS ACCOUNT 82
    STATEMENT OF COMPREHENSIVE INCOME 83
    CASH FLOW STATEMENT 84
    STATEMENT OF CHANGES IN EQUITY 85
    NOTES TO THE FINANCIAL STATEMENTS 86
       
    CONSOLIDATED FINANCIAL STATEMENTS 117-154
    AUDITOR'S REPORT TO THE MEMBERS 117
    CONSOLIDATED BALANCE SHEET 118
    CONSOLIDATED PROFIT AND LOSS ACCOUNT
120
    CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
121
    CONSOLIDATED CASH FLOW STATEMENT 122
    CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 123
    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 124
       
    NOTICE OF MEETING & PROXY FORM 155-159
    NOTICE OF ANNUAL GENERAL MEETING 155
    LOCATION MAP 157
    GLOSSARY 158
    PROXY FORM 159