NON-CURRENT ASSETSLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITED (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: NON-CURRENT ASSETSACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesPROPERTY PLANT AND EQUIPMENTOWNEDTANGIBLE FIXED ASSETS3,001,091,3703,022,969,075(21,877,705)-0.72%LEASEDTANGIBLE FIXED ASSETS0.010,765,840(10,765,840)-100.00%CAPITAL WORK IN PROCESS3,687,8822,662,9551,024,92738.49%3,004,779,2523,036,397,870(31,618,618)-1.04%INVESTMENT PROPERTY951,643,000951,643,0000.00.00%INTANGIBLE ASSETSComputer Software-Oracle E-Business Suite1,366,9793,006,161(1,639,182)-54.53%0.00.03,957,789,2303,991,047,031(33,257,801)-0.83%Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

&L&"Optima,Bold"&12Riaz Ahmad and Company&"Optima,Regular"Chartered Accountants

NON CURRENT ASSETSLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: NON CURRENT ASSETSACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesOWNEDASSETS AT COST4,004,961,2253,980,198,96324,762,2620.62%LESS: ACCOUMULATED DEPRICIATION1,003,869,855957,229,88846,639,9674.87%3,001,091,3703,022,969,075(21,877,705)-0.72%0.0LEASED0.0ASSETS SUBJECT TO FINANCE LEASE0.016,399,533(16,399,533)-100.00%Leased Asset transferred to own asset after completion of 5 years lease periodLESS:ACCOUMULATED DEPRICIATION0.0(5,633,693)5,633,693-100.00%0.010,765,840(10,765,840)-100.00%CAPITAL WORK IN PROCESS3,687,8822,662,9551,024,92738.49%0.0INVESTMENT PROPERTY951,643,000951,643,0000.00.00%0.00.00.00%3,956,422,2523,988,040,870(31,618,618)-0.79%0.0Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

&L&"Optima,Bold"&12Riaz Ahmad and Company&"Optima,Regular"Chartered Accountants

OWNED ASSETS AT COSTRiaz Ahmad and CompanyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITED (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: OWNED ASSETS AT COSTACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONS53,829,811RupeesF/S Ref.RupeesCOSTLAND2,130,110,0002,130,110,0000.00.00%224291FACTORY BUILDING320,220,435319,532,613687,8220.22%223356OTHER BUILDINGS55,527,52655,527,5260.00.00%222426RESIDENTIAL BUILDING87,625,49487,625,4940.00.00%221499PLANT AND MACHINERY1,216,867,6811,193,920,28922,947,3921.92%220576SERVICE AND OTHER EQUIPMENT18,623,25718,623,2570.00.00%219657FURNITURE AND FIXTURE58,184,77858,184,7780.00.00%OFFICE EQUIPMENT8,766,7358,735,18131,5540.36%MOBILES1,709,5361,525,557183,97912.06%COMPUTERS43,177,66742,468,152709,5151.67%VEHICLES64,148,11463,946,114202,0000.32%4,004,961,2253,980,198,96324,762,2620.62%LESS: ACCUMULATED DEPRECIATIONLAND0.00.00.00.00%FACTORY BUILDING170,247,911162,555,0127,692,8994.73%OTHER BUILDINGS15,153,22114,128,9781,024,2437.25%RESIDENTIAL BUILDING33,795,68432,430,0931,365,5914.21%PLANT AND MACHINERY643,253,459610,559,91932,693,5405.35%SERVICE AND OTHER EQUIPMENT14,803,67014,606,994196,6761.35%FURNITURE AND FIXTURE39,030,80338,044,539986,2642.59%OFFICE EQUIPMENT5,125,6414,938,442187,1993.79%MOBILES1,070,197973,09597,1029.98%COMPUTERS37,788,44036,960,628827,8122.24%VEHICLES43,600,83042,032,1871,568,6433.73%1,003,869,855957,229,88846,639,9674.87%0.03,001,091,3703,022,969,075(21,877,705)-0.72%Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

FACTORY BUILDINGRiaz Ahmad and companyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: FACTORY BUILDINGACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesCOSTFACTORY BUILDING-PROCESSING155,340,137154,936,075404,0620.26%FACTORY BUILDING-STITCHING118,926,334118,642,574283,76023.92%OTHER FACTORY BUILDING45,953,96445,953,9640.00.00%320,220,435319,532,613687,82221.53%LESS: ACCUMULATED DEPRICIATION0.0FACTORY BUILDING-PROCESSING88,720,86485,307,8123,413,0524.00%FACTORY BUILDING-STITCHING58,376,05355,270,3623,105,6915.62%OTHER FACTORY BUILDING23,150,99421,976,8381,174,1565.34%170,247,911162,555,0127,692,8994.73%0.00.00%149,972,524156,977,601(7,005,077)-4.46%Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

PLANT AND MACHINERYRiaz Ahmad and companyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: PLANT AND MACHINERYACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesCOSTPROCESSING750,848,304729,269,47621,578,8282.96%Transfer of leased asset and purchase of new machinerySTITCHING251,881,045251,217,482663,5630.26%SEWING MACHINE1,723,9901,723,9900.00.00%ELECTRIC INSTALLATION95,182,54195,182,5410.00.00%WATER SUPPLY66,208,73165,503,731705,0001.08%STEAM SUPPLY47,053,32147,053,322(0)-0.00%WORK SHOP MACHINERY3,969,7483,969,7480.00.00%1,216,867,6811,193,920,28922,947,3911.92%LESS: ACCUMULATED DEPRICIATIONPROCESSING394,960,246373,453,50021,506,7465.76%STITCHING116,459,651109,499,8726,959,7796.36%SEWING MACHINE1,444,7431,430,36414,3791.01%ELECTRIC INSTALLATION62,668,07160,993,8571,674,2142.74%WATER SUPPLY37,340,05435,864,5371,475,5174.11%STEAM SUPPLY27,652,86426,653,909998,9563.75%WORK SHOP MACHINERY2,727,8312,663,88363,9482.40%643,253,459610,559,91932,693,5405.35%0.00.0573,614,222583,360,370(9,746,148)-1.67%Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

LEASED ASSETSRiaz Ahmad and CompanyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: ASSETS SUBJECT TO FINANCE LEASEACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesCOSTPLANT AND MACHINERY0.016,399,533(16,399,533)-100.00%Leased asset transferred to own assets after completion of 5 years lease period0.0VEHICLES0.00.00.00.00.016,399,533(16,399,533)-100.00%LESS: ACCUMULATED DEPRICIATION0.0PLANT AND MACHINERY0.05,633,693(5,633,693)-100.00%Leased asset transferred to own assets after completion of 5 years lease periodVEHICLES0.00.00.00.05,633,693(5,633,693)-100.00%0.00.00.00.010,765,840(10,765,840)-100.00%0.0Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

LEASED P&MRiaz Ahmad and companyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: LEASED PLANT AND MACHINERYACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesCOSTPROCESSING0.016,399,533(16,399,533)-100.00%Leased asset transferred to own assets after completion of 5 years lease period0.016,399,533(16,399,533)-100.00%0.0LESS: ACCUMULATED DEPRICIATION0.0PROCESSING0.05,633,693(5,633,693)-100.00%Leased asset transferred to own assets after completion of 5 years lease period0.05,633,693(5,633,693)-100.00%0.00.00.010,765,840(10,765,840)-100.00%Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:

CWIPRiaz Ahamd and CompanyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: CAPITAL WORK IN PROCESSACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesBUILDING3,687,8822,662,9551,024,92738.49%Sale shop constructionPLANT AND MACHINERY0.00.00.00.0All additions capitalized0.00.03,687,8822,662,9551,024,92738.49%0.0Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

CWIP BUILDINGRiaz Ahamd and CompanyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: CAPITAL WORK IN PROCESS- BUILDINGACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesOPENING BALANCE2,662,9554,515,390(1,852,435)-41.02%ADD:ADDITIONS1,712,7490.01,712,749Construction of wadding store and boundry wallLESS:CAPITALIZED DURING THE PERIOD687,8221,852,435(1,164,613)-62.87%Construction of sale shop is under processCLOSING BALANCE3,687,8822,662,9551,024,92738.49%Construction of sale shop is under process0.03,687,8822,662,9551,024,92738.49%0.0Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

CWIP P&MRiaz Ahamd and CompanyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: CAPITAL WORK IN PROCESS- P&MACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesOPENING BALANCE0.08,584,701(8,584,701)-100.00%ADD:ADDITIONS7,372,30943,560,109(36,187,800)-83.08%LESS:CAPITALIZED DURING THE PERIOD7,372,30951,344,192(43,971,883)-85.64%EXPENSE OUT800,618CLOSING BALANCE0.00.00.00.00%0.00.00.00.00.00%Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

INVESTMENT PROPERTYRiaz Ahamd and CompanyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: INVESTMENT PROPERTYACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesOPENING BALANCE951,643,000951,643,0000.0ADD:ADDITIONS0.00.00.0LESS:DELETIONS0.00.00.0CLOSING BALANCE951,643,000951,643,0000.00.00%951,643,000951,643,0000.00.00%0.0Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816

INTANGIBLERiaz Ahamd and CompanyChartered AccountantsLEAD SCHEDULEPREPARED BY: Burair

DATE: 7 Feb 2014CLIENT: KOHINOOR TEXTILE MILLS LIMITD (RWP)HALF YEAR ENDED: 31 DECEMBER 2013SUBJECT: INTANGIBLEACCOUNTCODEPARTICULARSW.PRef.T.B Ref.31 DECEMBER 201330 June 2013INCREASE/(DECREASE)%AGEREASONSRupeesF/S Ref.RupeesCOST9,836,0709,836,0700.00.00%LESS:ACCUMULATED AMORTIZATION(8,469,091)(6,829,909)(1,639,182)24.00%NET BOOK VALUE1,366,9793,006,160(1,639,182)-54.53%0.01,366,9793,006,160(1,639,182)-54.53%Conclusion: Based on the results of our tests of recorded balances as outlined in the audit program indicating the work performed, I conclude that the above balances are fairly stated in relation to the financial statements taken as whole and on the basis consisting with that of the preceding year (With the exception of the _________items noted on the Schedule reference________)Senior (Initials) Date: ________________Reviewed by:Date:27776816