4. Appendices

34

Notification

STATE BANK OF PAKISTAN

(CENTRAL DIRECTORATE)

KARACHI the 1st June, 1971

No.DS.FI./6-71 – Whereas the International Monetary Fund requires the Central Government to furnish

certain information and it is essential for the purpose of complying with the request of the International

Monetary Fund to require the persons herein mentioned to furnish the information hereby required, the

State Bank of Pakistan, in exercise of the powers conferred by sub-section (1) of Section 4 of International

Monetary Fund and Bank Act. 1950 (XL-III of 1950), read with the Government of Pakistan, Ministry of

Finance Notification No.3(3)IMF/56 dated 4th October, 1956 (vide Gazette of Pakistan dated October 12,

1956), is pleased to direct all persons listed below to furnish all such information as on 31st December of the

year under survey specified in the relevant schedules as applicable to the persons mentioned below. The

return in the appropriate schedules, duly completed in accordance with the explanation set out below and

the instructions appended to the Schedules, shall be made to the Director Statistics, State Bank of Pakistan,

Karachi.

Serial Number Description Schedule

Col.1 Col.2 Col.3

1. Every firm or company registered or incorporated outside Pakistan but

operating in Pakistan I

2. Every company (Public or Private Ltd.) incorporated in Pakistan (Under the

companies Act VII of 1913) in which any non-resident have any interest of

any nature whatsoever, direct or indirect, in respect of its shares, debentures

or other obligations, etc. and/or which have any interest or claim, whatsoever,

direct or indirect, on assets abroad. II

3. Every unregistered partnership or partnership registered in Pakistan(under the

Partnership Act IX 1932) in which any non-resident have any interest of

any nature whatsoever, direct or indirect, such as any right or claim to ownership

or control or participation in profits or income derived there from, etc.

and/or which have any interest in or claim on assets abroad, direct or indirect III

Explanation:

In this notification: -

(a) The word ‘person’ wherever it occur means an individual a firm, company or corporation.

(b) The word “resident” with reference to a firm, company or corporation means a firm, company

or corporation carrying on any business in Pakistan. The term ‘resident’ with reference to

individuals means Pakistani national foreign nationals whether living in or outside shall be deemed

to be non–resident.

S.A. MEENAI

Deputy Governor

35

Reference to sub-section (1) of Section 4 of International Monetary Fund and Bank Act. 1950

(XLIII of 1950), read with the Government of Pakistan, Ministry of Finance Notification

No.3(3)IMF/56 dated 4th October, 1956 (vide Gazette of Pakistan dated October 12, 1956)

International Monetary Fund and Bank Act 1950

(XLIII of 1950)

Section 4. Power to call information.-

sub-section (1): Where under section 5 of Article VIII of the Fund Agreement, the International Fund

required the Central Government to furnish it with any information, the Central Government, or if

generally or specially authorized (For Notification, see Gaz. of P., 1956, Pt. 1, p. 457.) by the Central

Government in this behalf, the State Bank may by order (For such an Order, see ibid., 1958, Ext., pp.

5-14.) in writing require any person to furnish to such officer or other person as may be specified in the

order such detailed information as the Central Government or the State Bank, as the case may be, may

determine to be essential for the purpose of complying with the request of the International Fund; and

any person so required shall be bound to furnish such information.

The Gazette of Pakistan -41, Part-1 Page-457

MINISTRY OF FINANCE

Karachi, Friday October 12, 1956

No. 3(3) - IMF /56 --- WHEREAS under section 5 of Article VIII of the Fund’s Agreement, the

International Monetary Fund has requested the Central Government to furnish it with information on

national data as specified therein;

Now, THEREFORE, in pursuance of sub-section (1) of section 4 of the International Monetary

Fund and Bank Act, 1950 (XLIII of 1950), the Central Government is pleased to authorize the State

Bank of Pakistan to require, by order in writing, any person to furnish to such officer or other person as

may be specified in the order, such detailed information, as the State Bank may determine to be

essential for the purpose of complying with the request of the International Monetary Fund.

A.A. MALIK,

Deputy Secretary

36

List of Companies

1 101 Poultries 53 Alcatel - Lucent Pakistan Ltd

2 24/7 Convenience Store 54 Alcon Scientific Service

3 3M Pakistan (Pvt.) Ltd. 55 Alfa Laval Middle East Ltd

4 4M Wireless (Pvt.) Ltd. 56 Alfalah GHP Investment Management Ltd

5 A & B Corporation 57 Alfalah Insurance Company Ltd.

6 A.A Brothers 58 Al-Farooq Iron

7 A.O.L Apparel (Pvt.) Ltd 59 Al-Futtaim Technologies Pakistan (Pvt.) Ltd

8 AAA 60 Al-Ghazi Tractors Ltd.

9 Abacus Distribution Systems Pakistan (Pvt.) Ltd 61 Alhambra Town Faisalabad (Pvt.) Ltd

10 ABB S.P.A. 62 Al-Haqani Securities and Investment Corporation

(Pvt.) ltd 11 Abbas Ice & Cold Storage (Pvt.) Ltd. 63 Al-Hoqani Estate and Developers (Pvt.) Ltd

12 Abbott laboratories (Pakistan) Ltd. 64 Ali Traders

13 Abdul Rehman khan developers 65 Allianz EFU Health Insurance Ltd.

14 Abdullah dairy 66 Allied Bank Ltd.

15 Abraaj Capital Pakistan Ltd.

aaj capital pakistan ltd

67 Allied Rental Modaraba

16 ABS Associates (SMC-Pvt.) Ltd. 68 Allied Services Pakistan

17 Abu Dawood Trading 69 Alltech Pakistan (Pvt.) Ltd

18 Abu Dhabi Investment Authority 70 Al-Mashair (Pvt.) Ltd.

19 Abu Ghazaleh Intellectual Property Services (Pvt.) Ltd 71 Al-Saeed Enterprises

20 Accumen Fund Pakistan 72 Al-Sattar Enterprises

21 Accuray Surgicals Ltd. 73 Alstom Grid Pakistan (Pvt.) Ltd.

22 Ace Insurance Ltd. 74 Alstom Power International Operation B.V.

23 Acision Pakistan (Pvt.) Ltd. 75 Altanova Pakistan (Pvt.) Ltd

24 Acumen Fund Pakistan 76 Altern Energy Pvt. Ltd

25 Adamjee Insurance Company Ltd. 77 Amanah Holdings (Pvt.) Ltd

26 Adamjee Life Assurance Company Ltd. 78 American Life Insurance Co. Ltd.

27 Adamsoft int. Pvt. Ltd. 79 Amin Fabrics Ltd.

28 Adil Soap Factory 80 Amreli Steels

29 Advance Metals Industries 81 Amsua (Pvt.) Ltd

30 Advans Pakistan Microfinance Bank Ltd. 82 Analytics (Pvt.) Ltd

31 Aes Lalpir Pakistan (Pvt.) Ltd 83 Angelini Pharmaceuticals (Pvt.) Ltd.

32 Agility Logistics (Pvt.) Ltd 84 Anglo French Drug Co.

33 AGP (Pvt.) Ltd. 85 Anmol Leather

34 AGP healthcare (Pvt.) Ltd. ( Eli Lilly-Gohar (Pvt.) ltd.) 86 Anoud Textile Mills Ltd.

35 Agriauto Industries Ltd. 87 Anwar Khawaja Industries (Pvt.) Ltd.

36 Agro Oil Extraction Industries Ltd. 88 Apl Co PTE

37 Agroventures (Pvt.) Ltd. 89 APM Terminals

38 Agrow (Pvt.)Ltd 90 Apollo Textile Pvt. Ltd.

39 Ahmed Builders (Pvt.) Ltd. 91 Aquafin Pakistan (Pvt.) Ltd.

40 Ahmed Enterprises Lahore 92 Arabian Gulf Enterprises (Pvt.) Ltd.

41 Air France 93 Arabian Sea Enterprises Ltd.

42 Aircom International Pakistan (Pvt.) Ltd. 94 Arabtech Pakistan (Pvt.) Ltd.

43 Aisha Steel Mills Ltd. 95 Arif Habib Corporation Ltd.

44 AKN messaging technologies (Pvt.) Ltd. 96 Arif Habib Ltd.

45 Al Baraka Islamic Bank B. S. C. (E. C.) 97 Arizona Computer Services (Pvt.) Ltd.

46 Al Fateh Traders 98 Arpak International Investment Ltd.

47 Al Ghurair Giga (Pakistan) (Pvt.) Ltd. 99 Artistic Denim Mills Ltd

48 Al Madina Oil Industries 100 Arysta Lifescience Pakistan (Pvt.) Ltd.

49 Al-Abbas Sugar Mills Ltd. 101 Asa Pakistan Ltd.

50 Alan Dick (Pakistan) (Pvt.) Ltd. 102 Asia Petroleum Ltd.

51 Al-Anwar Apparel 103 Askari Bank Ltd.

52 Albario Engineering (Pvt.) Ltd. 104 Askari General Insurance Company Ltd.

37

105 Assmay Power Corporation 156 Biafo Industris Ltd.

106 Assurety Consulting Inc. 157 Bil Foods Ltd.

107 Astro Trans (Smc-Pvt.) Ltd. 158 Bin Rasheed Colors & Chemicals

108 Atlas Battery Ltd. 159 Bina Puri Pakistan (Pvt.) Ltd.

109 Atlas Copco Pakistan (Pvt.) Ltd. 160 Bio Energy Ventures (Pvt.) Ltd.

110 Atlas Engineering Ltd. 161 Bio Fertilizer Co

111 Atlas Fund of Funds 162 Biocentury Guard Seeds (Pvt.) Ltd.

112 Atlas Honda Ltd. 163 Blackwood Hodge (Pakistan) (Pvt.) Ltd.

113 Atlas Insurance Company Ltd. 164 BMA Asset Management Company Ltd

114 Atlas Power 165 BMA Capital Management Ltd

115 Attock Cement Pakistan Ltd. 166 Boehringer Mannhim Pakistan (Pvt.) Ltd.

116 Attock Petroleum Ltd. 167 Bosch Pharmaceuticals (Pvt.) Ltd

117 Attock Refinery Ltd. 168 Brac Pakistan

118 Augere Pakistan (Pvt.) Ltd. 169 Brady & Co. of Pakistan (Pvt.) Ltd.

119 Auto Mart (Pvt.) Ltd. 170 Brain Telecommunication Ltd.

120 Avari Hotels Ltd. 171 BRDB International Ltd.

121 Azam Sons 172 Breeze Frost Industries (Pvt.) Ltd.

122 Azgard Nine Ltd. 173 Briter Engineering Co. (Pvt.)Ltd

123 Aziz Cotton Ginning Pressing and Oil Mills 174 British American Tobacco Saa Services (Pvt.) Ltd

124 B. Braun Pakistan (Pvt.) Ltd 175 BSN Medical (Pvt.) Ltd.

125 B. D. Corporation Pakistan (Pvt.) Ltd 176 Bureau Veritas Pakistan (Pvt.) Ltd.

126 B. L. Harbert International (Pvt.) Ltd 177 Burhan Developers (Pvt.) Ltd

127 Babri Cotton Mills Ltd. 178 Burj Bank Ltd. (formerly Dawood Islamic Bank)

128 Background Check (Pvt.) Ltd.(Data Flow Pakistan Pvt.)

ltd) 179 Burma Oil Mills Ltd.

129 Baker Huges 180 Bush Boake Allen Pakistan (Pvt.) Ltd

130 Baker Hughes Eho Ltd. 181 Byco Petroleum Pakistan Ltd.

131 Bakers Land (M.A Food Industries) 182 C.C Enterprises

132 Bakri Trading Company Pakistan (Pvt.) Ltd 183 Cable News International

133 Balochistan Glass Pvt. Ltd. 184 Cactus Traders (Pvt.) Ltd

134 Baluchistan Marines Products 185 Call Pak (Pvt.) Ltd

135 Bank al Habib Ltd. 186 Cambridge College

136 Bank Alfalah Ltd. 187 Captain-PQ chemical industries (Pvt.) Ltd

137 Bank Islami Pakistan Ltd. 188 Cargill Pakistan Holdings (Pvt.) Ltd.

138 Bank of Tokyo-Mitsubishi Ufj Ltd 189 Cargo & Commodities(Pvt.)Ltd

139 BAO Brothers 190 Casing Corporation (Pvt.) Ltd

140 Barclays Bank PLC 191 Castrol Ltd.

141 Barrett Hodgson Pakistan (Pvt.) Ltd. 192 CCl Pharmaceuticals

142 BASF Pakistan Pvt. Ltd 193 CCS Comservice Pakistan Solutions (Pvt.) Ltd

143 Basit Asif and Brothers 194 CDM Constructors Inc.

144 Bata Pakistan Ltd. 195 CDM International Inc- Pakistan branch

145 Baweja Enterprises (Pvt.) Ltd 196 Ceco Rubber (Pvt.) Ltd.

146 Bayer Cropscience (Pvt.) Ltd 197 Cement Plant Consultant A/S

147 Bayer Pakistan (Pvt.) Ltd 198 Central Depository company of Pakistan Ltd.

148 BBC Pakistan (Pvt.) Ltd 199 Central Insurance Company Ltd.

149 BBDO 200 Century Paper & Board Mills Ltd.

150 BCGA Punjab (Pvt.) Ltd 201 Changhong Ruba Trading Company (Pvt.) Ltd.

151 Bearingpoint Pakistan (Pvt.) Ltd. 202 Chartered Institute of Management Accountants

152 Becton Dickinson Pakistan (Pvt.) Ltd. 203 Chemdyes Pakistan (Pvt.) Ltd.

153 Berger Paints Pvt. Ltd. 204 Chemi Visco Fibres Ltd.

154 Bestway Cement (Pvt.) Ltd. 205 Chemitex S.A.

155 Bhp Petrolium (Pakistan) (Pvt.) Ltd. 206 Chemonics International Inc.

38

207 Cherat Cement Company Ltd. 259 DCD Services Ltd.

208 Cherryfield-GBO (FZC) 260 Decent Departmental Store

209 Chevron Pakistan Ltd. 261 Delphi Diesel System Pakistan (Pvt.) Ltd.

210 Chiesi Pharmaceuticals (Pvt.) Ltd 262 Denim Clothing Company (Pvt.) Ltd.

211 China International Water & Electric Corp. (CWE) 263 Denim Fashion

212 China National Machinery Import & Export

Corporation 264 Dermagen Pharma Pakistan (Pvt.) Ltd.

213 China Zhenhua Oil Company Ltd. 265 Descon Engineering Ltd.

214 CHT Pakistan (Pvt.) Ltd. 266 Descon Holdings (Pvt.) Ltd.

215 Ciel Wood Works(Pvt.)Ltd. 267 Deugro Projects & Logistics Pakistan (Pvt.) Ltd.

216 CISCO Systems Pakistan (Pvt.) Ltd. 268 Deutsche Bank AG

217 Citi Bank N. A. 269 Devent (Pvt.) Ltd.

218 City School (Pvt.) Ltd. 270 Dewan Automotive Engineering Ltd.

219 Clariant Pakistan Ltd. 271 Dewan Farooque Motors Ltd.

220 Clifton Land Ltd. 272 Dewan Petroleum (Pvt.) Ltd.

221 CMA CGM Pakistan (Pvt.) Ltd. 273 DF Deutsche Forfait AG Pakistan (Pvt.) Ltd.

222 CMPak Ltd.(Formerly Paktel Ltd.) 274 DHA Cogen Ltd.

223 CNH Services SRL Pakistan 275 DHL Global Forwarding Pakistan (Pvt.) Ltd.

224 CNW Pakistan (Pvt.) Ltd. 276 Dialogue Broad Band

225 Coca Cola Beverages Pakistan Ltd. 277 DIC Pakistan Ltd. (Coates Lorilleux Pakistan Ltd.)

226 Colgate Palmolive Pakistan Ltd. 278 Digital Apparels

227 Colliers International Pakistan 279 Dohwa Engineering Co.

228 Consolidated Contractors Company (Pvt.) Ltd 280 Dong Fag Electronics Ltd.

229 Continental Biscuits Ltd. 281 Dongfang Electric Corporation International

230 Control Risks (Pvt.) Ltd. 282 Doosan Heavy Industries and Construction Co. Ltd.

231 Control Union Pakistan (Pvt.) Ltd 283 Dotcare(Pvt.)Ltd

232 Core Laboratories International B.V 284 Dowell Schlumberger (Western) S. A

233 Cornpak Ltd. 285 DSV Air & Sea (Pvt.) Ltd.

234 Corrtec (Pvt.) Ltd 286 DTH Pakistan (Pvt.) Ltd.

235 Cosco-Saeed Karachi (Pvt.) Ltd 287 Dubai Islamic Bank Pakistan

236 Cosmetics Trading Company (Pvt.) Ltd 288 Duncan Stratton & Co. (UK) Ltd.

237 Credit Suisse Pakistan (Pvt.) Ltd. 289 Dupont Pakistan Operations (Pvt.) Ltd.

238 Crescent Bahuman Ltd. 290 Dutech (Pvt.) Ltd.

239 Crescent Corporation 291 Dynamics Textiles (Pvt.) Ltd.

240 Crescent Steel & Allied Products Ltd. 292 Dynea Pakistan (Pvt.) Ltd.

241 Crescent Textile (CRESTEX) 293 Dystar Pakistan (Pvt.) Ltd.

242 Croem Pakistan (Pvt.) Ltd 294 E2E Supply Chain Management (Pvt.) Ltd.

243 Crosby Ltd. 295 East & West Education System (Pvt.) Ltd.

244 Crown Agents International Ltd 296 Eastern Testing Services (Pvt.) Ltd.

245 D. S. I. Corporation 297 EcoPack Ltd.

246 D.G. Khan Cement Company Ltd. 298 Eden Builders Ltd.

247 D.S.I. Pakistan 299 Educational Services (Pvt.) Ltd.

248 Dadex Eternit Ltd. 300 Effy Traders

249 Daewoo Pak Motors (Pvt.) Ltd. 301 Efroze Chemical Industries (Pvt.) Ltd.

250 Daleelteq (Pvt.) Ltd 302 EFU General Insurance Ltd.

251 Damco Pakistan (Pvt.) Ltd. 303 EFU Life Insurance

252 Data Arc 304 Egyptian Pakistani Telecom Services Co. (Pvt.) Ltd.

253 Davis Langdon & Seah Pakistan (Pvt.) Ltd.LTD 305 E-JAC Solutions and Services

254 Dawlance Electronics (Pvt.) Ltd. 306 Ejaz Spinning Mills Ltd.

255 Dawood and Sons Steel Traders 307 El Paso Technology Pakistan (Pvt.) Ltd.

256 Dawood Family Takaful Ltd. 308 Eli Lilly-Gohar (Pvt.) Ltd.

257 Dawood Hercules Chemicals Ltd. 309 Elixir Securities Pakistan (Pvt.) Ltd.

258 Dawood Lawrencepur Ltd. 310 Elko Organisation Ltd.

39

311 Ellahi Garments 363 Fauji Oil Terminal and Distribution Ltd.

312 Eltek Instrument (Pvt.) Ltd. 364 Faysal Bank Ltd.

313 Eltek Pakistan (Pvt.) Ltd. (Eltek VALERE AS) 365 Fazal Sardar Textile Mills

314 Emaar DHA Islamabad 366 Fecto Cement Ltd.

315 Emaar Giga Karachi Ltd. 367 Fecto Co-Sail (Pvt.) Ltd.

316 Emaar Lahore Ltd. 368 Feroze Mining (Pvt.) Ltd.

317 Eman Arts 369 Ferozsons Laboratories Ltd.

318 Emc Information Systems Pakistan (Pvt.) Ltd 370 Fiber Electronics (Pvt.) Ltd.

319 Emerging Markets Consulting Pvt. Ltd 371 Fiber Link (Pvt.) Ltd.

320 Emerson Network Power Pakistan (Pvt.) Ltd. 372 First Capital Securities Corporation Ltd.

321 Emirates Foodstuff Company International 373 First Dawood Investment Bank Ltd.

322 Emirates Worldwide Investment (Pvt.) Ltd. 374 First Elite Capital Modaraba

323 Emircom (Pvt.) Ltd. 375 First Equity Modaraba

324 Emrex Worldwide Pakistan (Pvt.) Ltd. 376 First Habib Bank Modaraba

325 Enerasia(Pvt.)Ltd 377 First Habib Modaraba

326 Engineering Kinetics (Pvt.) Ltd. 378 First Micro Insurance Agency Pakistan (Pvt.) Ltd.

327 English Biscuit Manufacturers Ltd. 379 First Microfinance Bank

328 Engro Corporation Ltd. (Engro Chemical (Pakistan) Ltd.) 380 First National Bank Modaraba

329 Engro Foods 381 First Paramount Modaraba

330 Engro Polymer & Chemicals 382 First UDL Modaraba.

331 Engro Vopak Terminal Ltd. 383 FIS Pakistan (Pvt.) Ltd

332 Eni Aep Ltd 384 FMC United (Pvt.) Ltd.

333 Eni Pakistan (M) Ltd.S.A.R.L 385 FMG Supplies

334 Eni Pakistan Ltd 386 Foton Pak Bus Company (Pvt.) Ltd

335 Enshaa NLC Developments (Pvt.) Ltd. 387 Foundation Power Company (Daharki) Ltd.

336 Enterprisedb Pk (Smc-Pvt.) Ltd. 388 Foundation Wind Energy II

337 Epik (Pvt.) Ltd. 389 Fram King (Pvt.) Ltd

338 Equant Pakistan (Pvt.) Ltd. 390 Franco Ferri & Co. Pakistan (Pvt.) Ltd.

339 Ericsson Pakistan (Pvt.) Ltd. 391 Free Balance Inc Pakistan Branch

340 Escorts Investment Bank Ltd. 392 Friends Enterprises

341 Etihad Sugar Mills Ltd. 393 Friends Traders

342 Etilize Pakistan Ltd. 394 Fulcrum (Pvt.) Ltd.

343 Etimaad Engineering (Pvt.) Ltd. 395 FWU AG Pakistan Branch

344 Euro Net Pakistan 396 G Muhammad Textiles (Pvt.) Ltd.

345 Euroconsult Pakistan (Pvt.) Ltd. 397 Galadari Cement (Gulf) Ltd.

346 Excel Freight System (Pvt.) Ltd. 398 Gandhara Trails (Pvt.) Ltd.

347 Excellent Packages(Pvt.)Ltd 399 Gap International Sourcing (California) Inc

348 Exide Pakistan Ltd. 400 Gatron (Industries) Ltd.

349 Expeditors International Pakistan (Pvt.) Ltd. 401 GBM Pakistan (Pvt.) Ltd.

350 Expo Aviation (Pvt.) Ltd. 402 Gei Pakistan (Pvt.) Ltd.

351 Exterran Pakistan (Pvt.) Ltd. 403 Gemalto Holding PTE Ltd.

352 Fairdeal Exchange Company (Pvt.) Ltd. 404 General Electric International Operations

353 Family Food Product 405 General Electronics

354 Farid & Company 406 General Tyre & Rubber Co. of Pakistan Ltd.

355 Farmall Machinery Company (Pvt.) Ltd. 407 Genesis Aviation Services (Pvt.) Ltd.

356 Farooq Energy Company (Pvt.) Ltd 408 Genetics Pharmaceuticals (Pvt.) Ltd.

357 FAS Tube Mills & Engineering Industries (Pvt.) Ltd 409 Geoconsult ZT GMBH

358 Fatima Fertilizer Company Ltd 410 Geofizyka Krakow Ltd.

359 Fauji Cement Company Ltd. 411 Geophysical Prospecting Company of Sinopec

360 Fauji Fertilizer Bin Qasim Ltd. 412 Gerry's Dnata (Pvt.) Ltd.

361 Fauji Fertilizer Company Ltd. 413 Gerrys Softlogic (Pvt.) Ltd.

362 Fauji Kabirwala Power Company Ltd. 414 Getz Pharma Pakistan (Pvt.) Ltd.

40

415 Ghandhara Nissan Ltd. 467 Haydari Construction Co. Ltd.

416 Ghani Gases Ltd. 468 Heinz Pakistan (Pvt.) Ltd.

417 Ghani Glass Ltd. 469 Helb Agro Sciences Pakistan (Pvt.) Ltd.

418 Gharibwal Cement Ltd. 470 Helb Pesticides and Chemicals Pakistan (Pvt.) Ltd.

419 Ghazi Fabrics International Ltd. 471 Hellmann Worldwide Logistics (Pvt.) Ltd.

420 Ghousia Traders 472 Henkel Industrial Adhesives Pakistan (Pvt.) Ltd.

421 Gillette Pakistan Ltd. 473 Herbion Pakistan (Pvt.) Ltd.

422 GKFX Securities Pakistan (Pvt.) Ltd 474 Heritage Oil & Gas

423 Glaxo Smithkline Pakistan Ltd. 475 Hewlett-Packard Ap (Hong Kong) Ltd.

424 Global Corporation (Pvt.) Ltd. 476 Hi Tech Feeds

425 Global Energy Development (Pvt.) Ltd. 477 Hilton Pharma Ltd.

426 Global Oil Industries (Pvt.) Ltd. 478 Himont Laboratories (Pvt.) Ltd.

427 Global Share (SMC-Pvt.) Ltd. 479 Hinopak Motors Ltd.

428 Global Water Technology (Pvt.) Ltd. 480 HLB Ijaz Tabassum & Co.

429 Globecomm (Pvt.) Ltd. 481 HMA Pumps Ltd

430 Golden Arrow Selected Stock Fund Ltd. 482 HNR Company Ltd.

431 Golden Industries 483 HNR Fabrics

432 Golden Lubricants 484 Honda Atlas Cars(Pakistan) Ltd.

433 Golfbuild Enviro (Pvt.) Ltd 485 Honda Atlas Power Product (Pvt.) Ltd.

434 Good Luck Industries 486 Honda Trading Corporation

435 Grays Leasing Ltd. 487 HSBC Bank Middle East Ltd.

436 Grays of Cambridge (Pakistan) Ltd. 488 HTL Trans (Pvt.) Ltd.

437 Guerrino Pivato S.P.A 489 Huawei Technologies Pakistan (Pvt.) Ltd.

438 Gul Ahmed Energy Ltd. 490 Hub Power Company Ltd.

439 Gul Ahmed Textile Mills Ltd. 491 Huffaz Seamless Pipe Industries Ltd.

440 Gulf Air 492 Huntsman Textile Effects Pakistan (Pvt.) Ltd

441 Gulf Chemicals (Pvt.) Ltd. 493 Hussain & Hussain (Pvt.) Ltd

442 Gulf Solution Pakistan (Pvt.) Ltd. 494 Hycarbex Inc.

443 Gulshan Carpet Industries Ltd. 495 Hydrochina Dawood Power (Pvt.) Ltd.

444 Habib ADM Ltd. 496 I2 Pakistan (Pvt.) Ltd.

445 Habib Bank Ltd. 497 IBC Apparel

446 Habib Insurance Company Ltd. 498 IBM Italia S.P.A.

447 Habib Knit Fabrics (Pvt.) Ltd. 499 Ibrahim Fibres Ltd.

448 Habib Metropolitan Bank Ltd. 500 ICI Pakistan Ltd.

449 Habib Qatar Int. Exchange Pakistan (Pvt.) Ltd. 501 ICI Pakistan Power Gen. Ltd.

450 Habib Sugar Mills Ltd. 502 Iconair (pvt.) Ltd.

451 Habibullah Coastal Power Company Ltd. 503 Idream Systems (Pvt.) Ltd.

452 Hafeez Ghee & General Mills (Pvt.) Ltd. 504 IE Services

453 Hagler Bailly Pakistan (Pvt.) Ltd. 505 Iffco Pakistan (Pvt.) Ltd.

454 Haier Pakistan Ltd. 506 IGI Insurance Company of Pakistan Ltd.

455 Halmore Power Generation Company (Pvt.) Ltd. 507 IJM Construction (Pakistan) (Pvt.) Ltd

456 Han Apparel 508 IKEA Trading (Hong Kong) Ltd.

457 Hanover Outsourcing Ltd. 509 ILF Pakistan (Pvt.) Ltd

458 Harbin Power Engineering Company Ltd 510 IM Technologies Pakistan (Pvt.) Ltd

459 Haroon Oils Ltd. 511 Imation Singapore PTE Ltd.

460 Harris International, Inc. 512 IMS Health Pakistan (Pvt.) Ltd.

461 Hascombe Business Solutions (Pvt.) Ltd. 513 Indento(Pvt.)Ltd.

462 Haseeb Waqas Sugar Mills Ltd. 514 Indus Home Ltd.

463 Hashoo Holdings (Pvt.) Ltd. 515 Indus Motors Company Ltd

464 Hashwani Hotels Ltd. 516 Indus Refinery Ltd.

465 Hassan Embroidery 517 Industrial and Commercial Bank of China

466 Hawa Energy (Pvt.) Ltd. 518 Industrial Pipe & Valves Center

41

519 Industrial Promotion Services Ltd. 571 JCR/VIS Credit Rating Company Ltd.

520 Info Vision (Pvt.) Ltd. 572 JDW Sugar Mills Ltd.

521 Information Architects (Smc-Pvt.) Ltd. 573 Jeans Company (Pvt.) Ltd.

522 Information Systems Associates Ltd. 574 Jillani Flexible Packages

523 Infostrata Solutions Pakistan (Pvt.) Ltd 575 Joannou & Paraskevaides (Overseas) Ltd.

524 Innexiv (Pvt.) Ltd. 576 Johan (Pvt.) Ltd.

525 Innovative Saudia 577 Johnson and Philips Ltd

526 Insha Industries (Pvt.) Ltd. 578 Johnson Diversey (Pvt.) Ltd

527 Insiyabi Pakistan (Pvt.) Ltd. 579 Johnsons & Johnsons Pakistan (Pvt.) Ltd.

528 Inspectest (Pvt.) Ltd. 580 Jotun Pakistan (Pvt.) Ltd

529 Intech Support (Pvt.) Ltd. 581 Jotun Powder Coating

530 Intel Pakistan Corporation 582 JS Bank Ltd.

531 Intel Semiconductor Ltd. 583 JS Global Capital Ltd.

532 Interactive Communications (Pvt.) Ltd. 584 JS Growth Fund

533 Interactive Consulting 585 JS Investments Ltd.

534 Interactive Convergence 586 JS Value Fund Ltd.

535 Interloop (Pvt.) Ltd. 587 Jubilee Insurance Company Ltd.

536 International Aeradio Pakistan 588 Jubilee Life Insurance Ltd. (NJI Life)

537 International Clothes 589 Judge Cloth House

538 International Foundation & Garments Pakistan (Pvt.) Ltd. 590 K & N'S Holding (Pvt.) Ltd.

539 International Franchises (Pvt.) Ltd. 591 K & N'S International (Pvt.) Ltd.

540 International Generation (Pvt.) Ltd. 592 K&A Industries

541 International Industries Ltd. 593 K.K Commodities

542 International Laboratories (Pvt.) Ltd. 594 K.K. Rice Mills (Pvt.) Ltd.

543 International Power Global Development Ltd. 595 K.S Traders

544 International Resources Group Ltd. 596 K.S.Sulemanji Esmailji & Sons (Pvt.) Ltd.

545 International School of Business Studies Ltd. 597 Kamalia Steel Furnance

546 International Steels Ltd. 598 Kamran Steel

547 International Turnkey Systems (Pvt.) Ltd. 599 Kaneshiro (Pvt.) Ltd.

548 Interplast (Pvt.) Ltd. 600 Kansai Paint (Pvt.) Ltd.

549 Intertek Pakistan (Pvt.) Ltd. 601 Karachi Electric Supply Co. (KESC)

550 Intractive Infrastructure (Pvt.) Ltd. 602 Karachi International Container Terminal Ltd.

551 Inturespa Pakistan (Pvt.) Ltd. 603 Karpak (Pvt.) Ltd.

552 IPEK Energy Pakistan (Pvt.) Ltd. 604 KASB Bank Ltd.

553 Iqra International Educational Foundation (Inc) 605 KASB Funds Ltd.

554 Irfan Plastic 606 KASB Securities

555 Iron Merchant 607 KASHF Microfinance Bank Ltd.

556 Ismail Industries Ltd. 608 Kays Traders

557 Isotex Pakistan (Pvt.) Ltd. 609 KBK Electronics (Pvt.) Ltd.

558 Istil Pakistan (Pvt.) Ltd. 610 Khalid Nazir Spinning Ltd.

559 Ittefaq Mills Ltd. 611 Khurshid Alam Oil Expeller

560 J & P Coats Pakistan (Pvt.) Ltd. 612 Khushhali Bank Ltd.

561 J.P. Morgan Pakistan (Pvt.) Ltd. 613 Khyber Tobacco Company Ltd.

562 Jafar Hussain and Company 614 Kirthar Pakistan B. V.

563 Jaffer Brothers (Pvt.) Ltd. 615 Knowledge Platform (Smc-Pvt.) Ltd

564 Jahangir Siddiqui & Co. Ltd. 616 Kodak Ltd

565 James Finlay PLC 617 Kohat Cement Company Ltd.

566 Jamshoro Joint Venture Ltd. 618 Kohinoor Energy Ltd.

567 Japan Power Generation Ltd. 619 Kohinoor Industries Ltd.

568 Japanese Integrated Turbine Services 620 Kohinoor Spinning Mills Ltd.

569 Jassar Farms (Pvt.) Ltd. 621 Kohinoor Textile Mills Ltd.

570 Javaid International (Pvt.) Ltd. 622 Komatsu Ltd.

623 Komatsu Pakistan Soft (Pvt.) Ltd. 675 Mapak Edible Oils (Pvt.) Ltd.

42

624 Kopak Shipping Company 676 Mapak Qasim Bulkers (Pvt.) Ltd.

625 Kot Addu Power Company Ltd. 677 Maple Leaf Cement Factory Ltd.

626 KSB Pumps Co. Ltd. 678 Maqsood Faisal Paperboard

627 Ksf Tri Zone Industries 679 Maqsood Faisal Printing Press

628 Lafarge Pakistan (SMC-Pvt.) Ltd. 680 Mari Gas Company Ltd.

629 Lahore Sports Meadows Ltd. 681 Masood & Company

630 Lakson Investments Ltd. 682 Master City (Pvt.) Ltd.

631 Land o Lakes Pakistan 683 Maverick Petrogas (Pvt.)Ltd

632 Laraib Energy Ltd. 684 Maxcorp Media (Pvt.) Ltd

633 LCC Pakistan 685 Maxim International (Pvt.) Ltd

634 Leather Inn 686 Maximum Health Care (Smc-Pvt.) Ltd

635 Levi Strauss Pakistan (Pvt.) Ltd. 687 Mazyood Giga DHA Lahore Diamond Ltd.

636 LG Electronics Inc. 688 Mazyood Giga DHA Lahore Emerald Ltd.

637 Li & Fung Pakistan (Pvt.) Ltd. 689 Mazyood Giga DHA Lahore Sapphire Ltd.

638 Liberty Energy (Pvt.) Ltd. 690 Mazyood Giga DHA Lahore Torquise Ltd.

639 Liberty Power Tech 691 MCB Bank Ltd.

640 Linde Pakistan Ltd.(formerly BOC Pakistan Ltd.) 692 Media Times Ltd.

641 Lindex H. K. Ltd. 693 Medipharm (Pvt.) Ltd.

642 Linkdotnet Pakistan (Pvt.) Ltd. 694 Meezan Bank Ltd.

643 LMK Resources Pakistan (Pvt.) Ltd. 695 Mega Shop

644 LMKT(Pvt.)Ltd. 696 Mehmood and Co

645 Loads Ltd. 697 Mehran Sea Foods

646 Loreal Pakistan 698 Mekotex (Pvt.) Ltd.

647 Lotte Chemical Pakistan Ltd. 699 Melpa (Pvt.) Ltd.

648 Louis Dreyfus Commodities (Pvt.) Ltd. 700 MEMRB Pakistan (Pvt.) Ltd.

649 Lowitt Pharma (Pvt.) Ltd. 701 Mentor Graphics Pakistan Development (Pvt.) Ltd.

650 LR Pak (Pvt.) Ltd. 702 Merck (Pvt.) Ltd.

651 Lucky Cement Ltd. 703 Merck Specialities (Pvt.) Ltd.

652 Lundbeck Pakistan (Pvt.) Ltd. 704 Metatex (Pvt.) Ltd.

653 M J M Rice Mills 705 Metis - Epik JV

654 M. I. Overseas Ltd. 706 Mezan Trading International (Pvt.) Ltd.

655 M. Shafiq Box Board 707 Microsoft Corporation

656 M.J Plastics Industries 708 Microtex Engineering Co

657 M/S ABM Investment 709 Midex (Pvt.) Ltd.

658 M/S. Al Habib Capital Markets (Pvt.) Ltd 710 Mijin Trading Company (Pvt.) Ltd.

659 M/S. Fortune Securities (Pvt.) Ltd. 711 Millat Tractors Ltd.

660 Maaza Pakistan (Pvt.) Ltd. 712 Millenium Textile (Pvt.) Ltd.

661 Mackinnon Mackenzie & Co. of Pakistan Pvt. Ltd. 713 Minar Tel Asia (Pvt.) Ltd.

662 Macrosoft Pakistan (Smc-Pvt.) Ltd 714 Minerals Asia (Pvt.) Ltd.

663 Macter International Ltd. 715 Mistequay International (Pvt.) Ltd

664 Madina Enterprises 716 Mitroflex Foam

665 Madina Steel 717 Mitsubishi Corporation

666 Madina Traders 718 Mitsui & Co. Ltd.

667 Maersk Pakistan Pvt. Ltd. 719 Mitsui O.S.K lines Pakistan (Pvt.) Ltd.

668 Maersk Line Agency (Pvt.) Ltd. 720 Mixit Technologies (Pvt.) Ltd.

669 Maf Hypermarkets Pakistan (Pvt.) Ltd. 721 Mnd Exploration and Production Ltd

670 Magnus Investment Advisors Ltd. 722 Mobizone Pakistan (Pvt.) Ltd.

671 Makro Habib Pakistan Ltd. 723 Mobo International

672 Man Diesel Pakistan (Pvt.) Ltd. 724 Modest Enterprises

673 Mandiali Papers Mills (Pvt.) Ltd. 725 Mohamed Ebrahim & Company (Pvt.) Ltd

674 Mangla View Resort (Pvt.) Ltd. 726 MOL Pakistan Oil & Gas Company B. V.

727 Mondelez Pakistan Ltd. 779 Noon Pakistan

43

728 Mondial Orient Ltd. 780 Nordex Pakistan (Pvt.) Ltd.

729 Monsanto Pakistan Agritech (Pvt.) Ltd. 781 Northway (Pakistan) Ltd.

730 Morex Inc 782 Novartis Pharma (Pakistan) Ltd.

731 MSC Agency Pakistan (Pvt.) Ltd. 783 Novatex Ltd.

732 MTI Medical (Pvt.) Ltd. 784 Novo Nordisk Pharma (Pvt.) Ltd.

733 Mughal Steel 785 Novozymes A/S.

734 Muhammad Akram and Co. 786 NRSP Microfinance Bank Ltd.

735 Muhammad Bashir Box Board 787 NYK Line Pakistan (Pvt.) Ltd

736 Muhammad Shafi Tanneries (Pvt.) Ltd. 788 O A Systems (Pvt.) Ltd.

737 Muller & Phipps Pakistan (Pvt.) Ltd. 789 Oasis Insights (Pvt.) Ltd.

738 Multinet Pakistan (Pvt.) Ltd. 790 OBS Healthcare (Pvt.) Ltd.

739 Multitrans Logistics(Pvt.) Ltd 791 OBS Pakistan (Pvt.) Ltd.

740 Murree Brewery Company 792 Occidental Petroleum (Pakistan) Inc.

741 Mustafa Roller Flour & General Mills (Pvt.) Ltd 793 Ocean Pakistan Ltd.

742 Nafeesa Textile Ltd. 794 Ocean Ways Recycling Co;

743 Najin Pakistan (Pvt.) Ltd. 795 Ogilvy & Mather Pakistan

744 Nakshbandi Industries Ltd. 796 Oil & Gas Development Company Ltd.(OGDCL)

745 Nalco Pakistan (Pvt.) Ltd. 797 Oil & Gas Exploration Co-Cracow

746 National Bank of Pakistan 798 Oil World(Pvt.)Ltd.

747 National Fullerton Asset Management Ltd. 799 Olympia Chemicals Ltd.

748 National Refinery Ltd. 800 Oman International Bank S.A.O.G.

749 Naubahar Bottling Company 801 OMS (Pvt.) Ltd

750 NBT-Zab Wind Energy Ltd. 802 OMV (Pakistan) Exploration Gesellschaft M.B.H.

751 NCB Corporation (Pvt.) Ltd. 803 OMV Maurice Energy Ltd. (Petronas Carigali (Pakistan)

Ltd.) 752 NCR Corporation 804 OOCL Logistics

753 NCUK Pakistan 805 OOCL Pakistan (Pvt.) Ltd.

754 NEC Corporation 806 Oracle Systems Pakistan (Pvt.) Ltd.

755 Nera Telecommunications (Pakistan) (Pvt.) Ltd. 807 Orange Properties (Pvt.) Ltd.

756 Nestle Pakistan Ltd. 808 Orascom Construction Industries Pakistan (Pvt.) Ltd

757 Netsol Technologies Ltd. 809 Organic Synergies (Pvt.) Ltd.

758 Netsolace Information Technology (Pvt.) Ltd. 810 Oriflame Cosmetics Pakistan (Pvt.) Ltd.

759 New Hampshire Insurance Co. 811 Orix Leasing Pakistan Ltd.

760 Next Pharmaceutical 812 Oryza Co. (Pvt.) Ltd.

761 Next Sourcing Ltd. 813 Oryza Organics(Pvt.) Ltd.

762 Nextar Pharma (Pvt.) Ltd. 814 Otsuka Pakistan Ltd.

763 Nextbridge (Pvt.) Ltd 815 Ovex Technologies (Pvt.) Ltd.

764 Nexus Automotive (Pvt.) Ltd 816 Ovrlod (Pvt.) Ltd.

765 Nexus Enterprises 817 Oxford University Press

766 NIB Bank Ltd. 818 P & O Containers Pakistan (Pvt.) Ltd.

767 Nimir Industrial Chemical Ltd. 819 Pace Barka Properties Ltd.

768 Nimir Resins Ltd. 820 Pace Pakistan

769 Nishat (Chunian) Ltd. 821 Packages Ltd.

770 Nishat Mills Ltd. 822 Pagel Pakistan (Pvt.) Ltd

771 Nishat School 823 Pak Arab Fertilizer Ltd.

772 Nissei Asb PTE Ltd 824 Pak Arab Pipeline Company Ltd.

773 Niteks Pakistan 825 Pak Arab Refinery Ltd.

774 NMCI (Pakistan) (Pvt.) Ltd. 826 Pak Asian Fund Ltd.

775 Noble Pakistan (Pvt.) Ltd. 827 Pak Brunei Investment Company Ltd.

776 Nokia Pakistan Mobile (Pvt.) Ltd. 828 Pak China Investment Company Ltd

777 Nokia Siemens Tietoliikenne Oy- Pakistan Branch 829 Pak China Manufacturing (Pvt.) Ltd

778 Noman Salman Fabrics 830 Pak Datacom Ltd.

831 Pak Elektron Ltd.(PEL) 883 Pharmevo (Pvt.)Ltd

832 Pak Energy (Pvt.) Ltd. 884 Philip Morris (Lakson Tobacco Company Ltd.)

44

833 Pak Gulf Construction (Pvt.) Ltd 885 Philips Electrical Industries of Pakistan Ltd.

834 Pak Gulf Leasing Company Ltd. 886 Phoenix Armour (Pvt.) Ltd

835 Pak Hi-Tech Gases (Pvt.) Ltd 887 Pibas Pakistan (Pvt.) Ltd.

836 Pak Iran Joint Investment Company Ltd 888 PICIC Growth Fund

837 Pak Kuwait Family Takaful 889 PICIC Investment Fund

838 Pak Libya Holding Company (Pvt.) Ltd. 890 Pie-Ampower Company Ltd

839 Pak National Distributer (Unilever) 891 Pioneer Cement Ltd.

840 Pak Oasis Industries (Pvt.) Ltd 892 Pioneer Pakistan Seed Ltd.

841 Pak Oman Asset Management Company Ltd. 893 PKP Exploration Ltd.

842 Pak Oman Investment Company Ltd. 894 PKP Kadanwari Ltd.

843 Pak Petro-Chemical Industries (Pvt.) Ltd 895 PKP Kirthar B. V.

844 Pak Qatar Family Takaful Ltd. 896 Polish Oil & Gas Company Pakistan Branch

845 Pak- Qatar General Takaful 897 Polydist (Pvt.) Ltd.

846 Pak Suzuki Motor Company Ltd. 898 Port International Investment

847 Pakgen Power Ltd. (AES Pak Gen) 899 Power Cement Ltd. (Al-Abbas Cement Industries Ltd.)

848 Pakistan Cables Ltd. 900 Premier Insurance Ltd.

849 Pakistan Casing Traders 901 Premier Kufpec

850 Pakistan Cement Company Ltd. 902 Prepac Pakistan (Pvt.) Ltd.

851 Pakistan Gum & Chemicals Ltd. 903 Prestige Global Co. PTE Ltd.

852 Pakistan Gum Industries (Pvt.) Ltd. 904 Primatics Pakistan (Pvt.) Ltd.

853 Pakistan International Airlines Corporation (PIA) 905 Procter & Gamble Pakistan (Pvt.) Ltd

854 Pakistan International Container Terminal 906 Proenergy Services Pakistan (Pvt.) Ltd

855 Pakistan Kuwait Investment Company (Pvt.) Ltd. 907 Profarm Pakistan (Pvt.) Ltd.

856 Pakistan Mobile Communication Ltd. (Mobilink) 908 Profreight Pakistan (Pvt.) Ltd.

857 Pakistan National Shipping Corporation 909 Progas Pakistan Ltd.

858 Pakistan Oilfields Ltd. 910 PSA Gwadar International Terminals Ltd.

859 Pakistan Petroleum Ltd. 911 Publicis Pakistan (Pvt.) Ltd.

860 Pakistan Power Resources, LLC 912 Pulcra Chemicals Pakistan (Pvt.) Ltd

861 Pakistan Refinery Ltd. 913 Punjab Beverage Co. (Pvt.) Ltd.

862 Pakistan Reinsurance 914 Put Sarajevo General Engineering Company

863 Pakistan Services Ltd. 915 Qasim International Container Terminal Pakistan Ltd.

864 Pakistan State Oil Co. Ltd. 916 Qst Naveena (Pvt.) Ltd

865 Pakistan Synthetics Ltd. 917 Quality Textile Mills Ltd.

866 Pakistan Telecommunication Company Ltd.( PTCL) 918 Quetta Distillery (Pvt.) Ltd.

867 Pakistan Tobacco Company Ltd. 919 Quetta Textile Mill Ltd.

868 Pakor Global (Pvt.) Ltd. 920 R & R (Pvt.) Ltd.

869 Pakson Plastic Industries 921 Raaziq International

870 Pano Surgical Solutions (Pvt.) Ltd. 922 Radiant Medical (Pvt.) Ltd.

871 Paper Board Packaging and Manufacturing 923 Rafhan Maize Products Ltd.

872 Paradise Press 924 Rafiq and Company

873 Parazelus Pakistan 925 Rahman Tyres International (Pvt.) Ltd.

874 Parke-Davis & Company Ltd. 926 Rahmat International (Pvt.) Ltd

875 Patel Rice Mills 927 Rak Trading

876 Paxar Pakistan (Pvt.) Ltd. 928 Rally Energy Safed Koh Ltd

877 Pearl Communication (Pvt.) Ltd. 929 Rangoonwala (Pvt.) Ltd

878 Pemcon International 930 Ranipur Sugar Mills (Pvt.) Ltd

879 Pepsi Cola International (Pvt.) Ltd 931 Rashid Trading Company

880 Peridot Products (Formerly Sara Lee Kiwi Pakistan) 932 Ray Pharma (Pvt.) Ltd.

881 Peshawar Dry Fruits Processing & Packaging Company 933 Ray Shipping Enterprises Ltd.

882 Pharmatec Pakistan (Pvt.) Ltd. 934 Reckitt Benckiser Pakistan Ltd.

935 Red Mountain Suria Resort (Pvt.) Ltd. 987 Security Investment Bank Ltd.

936 Redco Textile Ltd. 988 Security Leasing Corporation Ltd.

45

937 Reeco Electric Company 989 Security Papers Ltd.

938 Reinforced Earth (Pvt.) Ltd. 990 Services Sales Corporation (Pvt.) Ltd.

939 Relacom 991 SGS Pakistan (Pvt.) Ltd.

940 Riphah International University 992 Shaan Technologies (Pvt.) Ltd

941 Roche Pakistan Ltd 993 Shabbir Tiles & Ceramics Ltd.

942 Rohde & Schwarz Pakistan (Pvt.) Ltd 994 Shah Silk

943 Rousch (Pakistan) Power Ltd. 995 Shah Trading Co

944 Royal Corporation 996 Shahbaz Garments (Pvt.) Ltd.

945 RTB Services (Pvt.) Ltd 997 Shaheen Insurance Company Ltd.

946 Ruby Textile Mills Ltd. 998 Shahrukh and Co.

947 Rupali Polyester (Pvt.) Ltd. 999 Shahtaj Textile Ltd.

948 S & S Distribution House 1000 Shalimar Traders

949 S.G. Fibre Ltd. 1001 Shams Software Services (Pvt.) Ltd.

950 S.G.Power Ltd. 1002 Sharaf Logistics Pakistan (Pvt.) Ltd.

951 S.K Traders 1003 Sharaf Shipping Agency (Pvt.) Ltd.

952 S.S Traders 1004 Sharif & Sons

953 S.S. Oil Mills Ltd. 1005 Shell Development & Offshore Pakistan B. V.

954 Saba Generation Company (Pvt.) Ltd 1006 Shell Pakistan Ltd.

955 Saba Power Company (Pvt.) Ltd. 1007 Shezan International Ltd.

956 Sachal Engineering Works (Pvt.)Ltd 1008 Shirazi Capital

957 Saf Textile Ltd. 1009 Shirazi Investments (Pvt.) Ltd

958 Safer Hayat Enterprises 1010 Shiza International Trading Company (Pvt.) Ltd

959 Safeway CNG Filling Station 1011 Shoaib Brothers

960 Safmarine Pakistan (Pvt.) Ltd. 1012 SICPA Inks Pakistan (Pvt.) Ltd.

961 Saif Energy 1013 Siemens Pakistan Engineering Co. Ltd.

962 Saif Healthcare Ltd. 1014 Sigmaflow

963 Saif Holdings Ltd. (formerly Saif Telecom Ltd.) 1015 Sika Pakistan (Pvt.) Ltd.

964 Saif Power Ltd. 1016 Silk Bank Ltd.

965 Saima Packaging Ltd. 1017 Sinclair Knight Merz Pakistan (Pvt.) Ltd.

966 Sajjad Traders 1018 Sindh High Pressure Laminates (Pvt.) Ltd.

967 Saleem Leather Raw Hide Traders 1019 Singapore Maritime Services (Pvt.) Ltd.

968 Salman Traders 1020 Singer Pakistan Ltd.

969 Samba Bank Ltd. 1021 Sir William Roberts Company (Pvt.) Ltd.

970 Samsung Gulf Electronics FZE 1022 Sita Pakistan (Pvt.) Ltd.

971 Sanofi Aventis Pakistan Ltd. 1023 Sitara Chemicals

972 Sante Distribution (Pvt.) Ltd. 1024 Siza Foods (Pvt.) Ltd.

973 Sapphire Power Generation Ltd. 1025 SK hydro (Pvt.) Ltd.

974 Sarena Industries & Embroidery 1026 Skyword (Pvt.) Ltd.

975 Saudi Arabian Airlines Corporation 1027 Slask Logistics( formerly GAC Pakistan (Pvt.) Ltd.)

976 Saudi Pak Industrial & Agricultural Investment Co. 1028 Smartcity Developments (Pvt.) Ltd.

977 Saudi Pak Leasing 1029 SME Bank Ltd.

978 Sazgar Engineering Works, Ltd. 1030 SNC-Lavalin International Inc.

979 Scharper Pharmaceuticals Pakistan (Pvt.) Ltd. 1031 SNL Pakistan (Pvt.) Ltd.

980 Schering Asia GMBH, 1032 Sodexho-Ahmad Pakistan (Pvt.) Ltd.

981 Schlumberger (Wester) SA 1033 Softech Development & Services (Pvt.) Ltd.

982 Schlumberger Seco Inc. 1034 Software Productivity Stragestists, Inc.

983 Sea and Land Drilling 1035 Sojitz Corporation

984 Seaglory Shipping (Pvt.) Ltd. 1036 Soliton Health (Pvt.) Ltd.

985 Season Food 1037 Soneri Bank Ltd.

986 Security Consultants & Services 1038 Sony Gulf FZE

1039 Sony Pakistan (Pvt.) Ltd. 1091 Telenor Pakistan (Pvt.) Ltd.

1040 Soorty Enterprises (Pvt.) Ltd. 1092 Teltonika Pakistan (Pvt.) Ltd.

1041 Southern Electric Power Co Ltd. 1093 Terraco Pakistan (Pvt.) Ltd.

46

1042 Sovoia Corporation(Pvt.) Ltd. 1094 Terranova Pakistan

1043 Sprint Services Ltd. 1095 Tethyan Copper Company Pty Ltd.

1044 SSJD Bio Processor (Pvt.) Ltd 1096 Tetley Clover (Pvt.) Ltd.

1045 Stahl Pakistan (Pvt.) Ltd 1097 Tetra Pak Pakistan Ltd.

1046 Stand Pharma 1098 Texmac Services (Pvt.) Ltd.

1047 Standard Board 1099 Thal Ltd.

1048 Standard Chartered Bank (Pakistan) Ltd. 1100 Thatta Cement

1049 Standard Chartered Modaraba, 1101 The Attock Oil Company Ltd.

1050 Standard Enterprises (Pvt.) Ltd. 1102 The Bank of Khyber

1051 Star Farm Pakistan (Pvt.) Ltd. 1103 The Bank of Punjab

1052 Star Hydro Power Ltd. 1104 The Coca-Cola Export Corporation, Pakistan Branch

1053 Star Petro Energy (Pvt.) Ltd. 1105 The Miracle Products (Pvt.) Ltd.

1054 Star Power Generation Ltd. 1106 The Searle Company Ltd.

1055 Star Textile 1107 Thinking Safe Pakistan (Pvt.) Ltd.

1056 State Life Insurance Corporation 1108 Thirdeye (Pvt.) Ltd.

1057 Steel Pipe Management 1109 Three Gorges First Wind Farm (Pvt.) Ltd.

1058 Stork IBI Prints Pakistan (Pvt.) Ltd. 1110 Titan Cement Industries Ltd

1059 Stork Prints Pakistan (Pvt.) Ltd. 1111 Titan Energy Pakistan (Pvt.) Ltd.

1060 Storsack (Pvt.) Ltd 1112 TNB Liberty Power Ltd.

1061 Style Textile (Pvt.) Ltd. 1113 TNB Repair and Maintenance SDN. BHD.

1062 Sui Northern Gas Pipelines Ltd. 1114 Tome (Pvt.) Ltd

1063 Sui Southern Gas Co. Ltd. 1115 Total Atlas Lubricants Pakistan (Pvt.) Ltd.

1064 Sukab Agency 1116 Total Parco Pakistan Ltd.

1065 Sumitomo Corporation Asia PTE Ltd. 1117 Touchstone Communications (Pvt.) Ltd

1066 Summit Bank Ltd. (Formerly Arif Habib Bank Ltd. ) 1118 Tourism Promotion Services (Pakistan) Ltd.

1067 Sunberg (Pvt.) Ltd 1119 TPS Pakistan (Pvt.) Ltd.

1068 Sungard System Access Pakistan (Pvt.) Ltd. 1120 Trans Asia Refinery Ltd.

1069 Super Compounds Ltd. 1121 Trans World Associates (Pvt.) Ltd.

1070 Surry Chemicals Pakistan (Pvt.) Ltd. 1122 Transworld Multipurpose Ind. (Pvt.) Ltd.

1071 Swedish Group of Technical Institutes 1123 Travel Walji's (Pvt.) Ltd.

1072 Sweetwater Dairies Pakistan (Pvt.) Ltd 1124 TRC Pakistan Ltd.

1073 Syngenta Pakistan Ltd. 1125 Treet Corporation Ltd.

1074 Syntronics Ltd. 1126 TRG Pakistan Ltd.

1075 T. U. Plastic Industry Company (Pvt.) Ltd. 1127 TRI Pack Films Ltd

1076 T.A Brothers 1128 Tristar Transport (Pvt.) Ltd.

1077 Taavun (Pvt.) Ltd. 1129 Trovicor (Smc-Pvt.) Ltd.

1078 Taisei Corporation 1130 Tullow Pakistan (Developments) Ltd.

1079 Talented Earth Organization (Pvt.) Ltd 1131 Turbomach Pakistan (Pvt.) Ltd.

1080 Tameer Micro Finance Bank Ltd. 1132 Tuwairqi Steel Mills Ltd.

1081 Tapal Energy Ltd. 1133 Tyco Fire and Security Pakistan (Pvt.) Ltd.

1082 Tariq Glass Industries Ltd. 1134 Tyco Healthcare PTE Ltd.

1083 Tariq Seed Co 1135 UBC Pakistan (Pvt.) Ltd.

1084 Teamsun Technology Pakistan (Pvt.) Ltd 1136 UBL Fund Managers

1085 Techlogix Pakistan (Pvt.) Ltd. 1137 UBL Insurers Ltd.

1086 Technical Associate Pakistan (Pvt.) Ltd. 1138 UCH Power Ltd.

1087 Technimen Agha (Pvt.) Ltd. 1139 UCH-II Power (Pvt.) Ltd

1088 Tecno Pack Industries (Pvt.) Ltd. 1140 UG Food Company (Pvt.) Ltd

1089 Tekenable (Pvt.) Ltd 1141 Unilever Pakistan Foods Ltd.

1090 Tele Card Ltd. 1142 Unilever Pakistan Ltd.

1143 Unisys Pakistan (Pvt.) Ltd.

1144 United Bank Ltd.

47

1145 United Carpets Ltd.

1146 United Energy Pakistan

1147 United Jute Mills Ltd.

1148 Unity Advertisers

1149 Usma Giants (Pvt.) Ltd

1150 Varioline Intercool Pakistan (Pvt.) Ltd.

1151 Veetee Fine Food (Pvt.) Ltd

1152 Velosi Asset Integrity Ltd

1153 VF Asia Pakistan

1154 Visa Worldwide Singapore PTE Ltd.

1155 Vision Network Television Ltd

1156 Vision Support Services Pakistan (Pvt.) Ltd

1157 Wackenhut Pakistan (Pvt.) Ltd

1158 Wah Nobel (Pvt.) Ltd.

1159 Wahedna d'arcy (Pvt.) Ltd.

1160 Warid Telecom Pvt. Ltd.

1161 Waris Chemical Company

1162 Wartsila Pakistan (Pvt.) Ltd

1163 Waseela Microfinance Bank Ltd.

1164 Wateen Telecom

1165 Wavetech (Pvt.) Ltd.

1166 Whoopee Food Products (Pvt.) Ltd.

1167 Wi-Tribe Pakistan Ltd.

1168 WMGS Services Ltd.

1169 Workforce Software Development (Pvt.) Ltd

1170 WorldCall Telecom Ltd.

1171 Wyeth Laboratories Ltd.

1172 Xponcard Pakistan (Pvt.) Ltd

1173 X-tracts (Pvt.) Ltd

1174 Yasir Enterprises International

1175 Zafa Pharmaceutical Laboratories (Pvt.) Ltd.

1176 Zafash Ltd.

1177 Zahirpir Ginnery (Pvt.) Ltd

1178 Zaman Textile Mills Ltd.

1179 Zephyr Textiles Ltd.

1180 Zhongxing Telecom Company Ltd.

1181 Zigzag Solutions

1182 Zorlu Enerji Pakistan Ltd.

1183 Zorlu Industrial EPC Contractor

1184 Zorlu O&M Pakistan Ltd.

1185 Zyxel Pakistan (Pvt.) Ltd.

Glossary

48

Affiliates

Business entities owned from 10 percent to 100 percent by another business entity. Depending on the

level of ownership, affiliates are classified as associates or subsidiaries or branches.

Associate

Business entity owned from 10 percent to 50 percent by another business entity.

Bonds, debentures, notes

These are debt securities issued by borrowers to finance their operations. They are sold to investors

with the promise that they will be repaid with interest by the end of a specific period. Bonds, debentures

and notes can be part of direct or portfolio investment in the balance of payments and international

investment position, depending on the relationship between the issuer and the holder.

Branch

Business entity that is unincorporated and is owned by another business entity.

Debt

Financial claim that refers to lending of funds by a creditor (lender) to a debtor (borrower). Debt

comprises securities (generally marketable) and other debt instruments (generally not marketable). Debt

can be part of direct, portfolio or other investment depending upon the relationship between the issuer

and the holder.

Debt Rescheduling

Debt Rescheduling is undertaken through an agreement between the borrower and the creditor to re-

arrange the schedule of principal and interest payments due on the debt outstanding. In addition, the

rescheduling agreement may include provisions for debt relief to enable the borrower to regain its

financial strength to service the rescheduled debt obligation.

Debtor / creditor principle

There are two principles that may serve as basis for geographic allocation of direct investment financial

flows: the debtor/creditor principle and the transacted principle. Under the debtor/creditor principle,

transactions resulting from changes in financial claims of the compiling economy are allocated to the

country of residence of the non-resident debtor, and transactions resulting in changes in financial

liabilities are allocated to the country of residence of the non-resident creditor, even if the amounts are

paid to or received from a different country.

Deposits

Financial claims including bank deposits, deposit notes, certificates of deposits and all other claims

reflecting evidence of deposits, including currency. Largely associated with Pakistani banks, deposits

are part of other investment in the balance of payments and international investment position.

Direct investment enterprise

An incorporated or unincorporated enterprise in which a direct investor, who is resident in another

country, owns 10 percent or more of the ordinary shares or voting power (for an incorporated

enterprise) or the equivalent (for an unincorporated enterprise). A direct investment enterprise is made

up of related entities which can be in the form of associates, subsidiaries and branches.

Dividends

49

Earnings on current activities distributed to equity holders of incorporated private enterprises,

cooperatives and public corporations. This income item is recorded in the current account under

portfolio investment or direct investment.

External Debt

External debt, at any given time, is the outstanding amount of those liabilities that require payment(s) of

principal and interest by the debtor at some point(s) in the future and that are owed to nonresidents by

the residents of an economy.

External Long Term Debt

Debt payable to non-resident after one year is known as long-term debt.

External Short Term Debt

Debt payable to non-resident within a year is known as Short-term debt.

External Private non-guaranteed Debt

Private non-guaranteed debt is defined as the external liabilities of the private sector, the servicing of

which is not guaranteed by government of the economy as that of the debtor.

External Public Debt

External obligations of public debtor including national government.

External Publicly Guaranteed Debt External obligations of autonomous bodies and private debtor that are guaranteed for repayment by a

public entity.

Equities

Equities comprise common and preferred shares (stocks), which represent a share in the ownership of

the company. In addition, the following are also considered as equities: depository receipts, most units

of mutual funds, income trusts and warrants. Equities can be part of portfolio investment or direct

investment in the balance of payments or international investment position depending upon the

relationship of the issuer and the holder.

Financial assets

Regrouping of all financial claims on non-residents in the international investment position. Financial

assets are further classified to direct, portfolio, other investment and reserves assets.

Financial liabilities

Regrouping of all financial liabilities to non-residents in the international investment position. Pakistani

financial liabilities are further classified to direct, portfolio and other investment.

Financial derivatives

Financial derivatives are financial instruments that are linked to a specific financial instrument or

indicator or commodity, and through which specific financial risks can be traded in financial markets in

their own right. Their value derives from the price of the underlying item (i.e., the reference price) and,

unlike debt instruments, no principal amount is advanced to be repaid and no investment income

accrues. Examples are futures, forwards, options, warrants and swaps.

Financial instruments

Financial instruments encompass securities (generally marketable) and other financial instruments

(generally non-marketable). Financial instruments can be part of direct, portfolio or other investment in

the balance of payments or international investment position depending upon the instrument and the

relationship between the issuer and the holder.

50

Foreign Direct Investment

Direct investment implies a long-term relationship between the direct investor and the direct investment

enterprise and a significant degree of influence by the direct investor on the management of the direct

investment enterprise. Direct investment comprises initial transaction between the two entities - the

transaction that establishes the direct investment relationship– and all subsequent transactions between

the entities and among affiliated enterprises, both incorporated and unincorporated. For direct

investment, direct investor owns 10 percent or more of the ordinary shares or voting power (for an

incorporated enterprise) or the equivalent (for an unincorporated enterprise).

Foreign Portfolio investment

Portfolio investment implies holding of less than 10 percent share in equity securities by non-resident,

investment in debt securities (in the form of bonds and notes) and investment in money market

instruments of local company.

Gross National Product

The Gross National Product (GNP) is the value of all the goods and services produced in an economy,

plus net factor income from abroad.

International Investment Position

The IIP is a country’s balance sheet of the stock of financial assets and liabilities with the rest of the

world. Together with the balance of payments transactions, the IIP constitutes a country’s set of

international accounts.

The international investment position is a statistical statement, compiled at a specified date such as year

end, of: (i) the value and composition of the stock of an economy’s financial assets or the economy’s

claims on the rest of the world, and (ii) the value and composition of the stock of an economy’s

liabilities to the rest of the world.

Interest

Interest is the amount that the debtor owes or pays to the creditor over a given period of time without

reducing the amount of principal outstanding, under the terms of the financial instrument agreed

between them.

Investment income

Investment income can arise from holdings of equity or debt as part of direct, portfolio or other

investment. The equity income comprises profits/ losses on direct investment and dividends on portfolio

stocks, while debt income includes interest from direct, portfolio and other investment.

Loans

Financial claims that refer to direct lending of funds by creditors (lenders) to debtors (borrowers)

through arrangements in which the lenders may or may not receive a negotiable document or

instrument. Loans are treated as other investment in the balance of payments / international investment

position.

Market Capitalization of Ordinary Shares

Market Capitalization is the total market value of ordinary shares of companies listed at stock exchange.

The market value is worked out by multiplying the market price by the total number of shares.

Market price

It is a valuation based on what willing buyers pay to acquire something from willing sellers; the

exchanges are made between two independent parties and on the basis of commercial considerations

only. Market price is used as the basis of the valuations for transactions.

Monetary gold

51

This is an item in reserves assets category. It refers to gold owned by monetary authorities and is held

as a financial asset. Transactions are recorded only when monetary gold is transacted between monetary

authorities in different countries or between monetary authorities and the IMF.

Monetization and demonetization of gold

Monetization refers to the acquisition by the monetary authorities of commodity gold to increase the

stock of monetary gold. Demonetization refers to the disposal by the monetary authorities of monetary

gold for non-monetary purposes. While these acquisitions or sales will increase or decrease a country’s

official reserve assets, the transactions are not recorded in the BoP under reserve assets. When a

country’s monetary authorities, however, buy or sell gold with the private sector of a foreign country,

then those transactions will be recorded in both countries trade statistics.

Net National Product

NNP is the total market value of all final goods and services produced by citizens of an economy during

a given period of time (Gross National Product or GNP) minus depreciation.

Non-monetary gold

Under trade-in-goods in the current account, non-monetary gold is treated like any other commodity.

That is, it is recorded in a country’s imports and exports. Gold bought and sold between different

countries’ monetary authorities is recorded in the financial account under reserve assets.

Non-resident

A person or business is said to be a non-resident of a county if they have a centre of economic activity

outside the country.

Ordinary Shares

The most common term of shares that entitles their holders to have ownership in the company. Holders

may receive dividends depending on profitability of the company or recommendation of the directors.

Other assets / other liabilities

Other assets and other liabilities are classes of other investment functional category in international

investment position. They include claims that are not loans or deposits.

Other investment

Functional classification in the international investment position that covers loans, deposits, reserves

(assets only) and other assets / other liabilities.

Preference Shares

Preference Shares are issued by a company and the company pays a fixed amount of dividend,

irrespective of its earning profit or loss. The share holders generally have no voting rights.

Portfolio investment

Functional classification of the international investment position which refers to an investment of a

resident entity in one country into equity and debt securities of another country undertaken for the sake

of investment income or capital gains. Unlike direct investors, portfolio investors have no significant

influence on the operation or management of the enterprises in which they invest.

Profits

Profits refer to current earnings of enterprises measured net of income or corporation taxes payable

without penalty during the recording period. Profits are treated as investment income on the equity

portion of direct investment in the balance of payments.

Reinvested earnings

52

Reinvested earnings are direct investors' share of earnings from their foreign investments that are not

distributed. These earnings (or losses as the case may be) are recorded in the current account of the

balance of payments under investment income. They are also recorded in the financial account of

balance of payments under direct investment, since they represent an increase in investment (or a

decrease in the case of losses.)

Reserve Assets

Reserve assets consist of those external assets that are readily available to and are controlled by

monetary authorities for direct financing of payments imbalance. In IIP, they cover monetary gold,

SDRs, reserve position in the fund, foreign currency reserves and other claims.

Reserve position in the fund

Reserve asset item that refers to the sum of the reserve tranche purchases that a member may draw upon

and any indebtedness of the International Monetary Fund (IMF) that is readily repayable to the member.

Resident

A person or business is said to be a resident of a country if they have a centre of economic activity as

evidenced by the location of a person’s principal residence and where they produce, invest and earn

revenues.

Retirements

Transactions in securities that represent the amount of capital reimbursed by the issuer at the date of

maturity of the securities.

Securities

Financial instruments that are marketable, such as publicly traded stocks, bonds, money market

securities and other financial instruments. Securities are part of direct and portfolio investment in the

international investment position depending upon the direct or portfolio relationship of the issuer and

the holder.

Securitization

Pooling of non-traded assets for the purpose of issuing standardized securities backed by those assets,

which can then be traded like any other security.

Special drawing rights (SDRs)

Reserve asset item created by the IMF to supplement other reserve assets that are periodically allocated

to IMF members in proportion to their respective quotas. Value of SDRs is determined by a weighted

basket of currencies. Transactions in SDRs are recorded in the financial account.

Subsidiary

Business entity which has more than 50 percent of the ordinary shares or voting power (for an

incorporated enterprise) or the equivalent (for an unincorporated enterprise) owned by another business

entity.

53

Abbreviations and Acronyms

ADB Asian Development Bank

DI Direct Investment

BIS Bank for International Settlements

BOP Balance of Payment

BPM5 Balance of Payments Manual fifth edition of the IMF

EIB European Investment Bank

FDI Foreign Direct Investment

FPI Foreign Portfolio Investment

FRB Federal Reserve Bank

IBRD International Bank for Reconstruction and Development

IDA International Development Agency

IDB Islamic Development Bank

IFAD International Fund for Agricultural Development

IFC International Finance Corporation

IFIs International Financial Institutions

IIP International Investment Position

IMF International Monetary Funds

NHA National Highway Authority

NSE Not Specified Elsewhere

OPEC Organization of Petroleum Exporting Countries

PIBs Pakistan Investment Bonds

PI Portfolio Investment

PMCL Pakistan Mobile Communication Ltd.

SDR Special Drawing Right

T.Bs Treasury Bills

UAE United Arab Emirate

UK United Kingdom

USA United State of America