Preview

Annual Report 2010 of Mahmood Textile Mills Ltd.

Powerful Essays
Open Document
Open Document
19923 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
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

1

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.

2

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

3

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,
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    DavidJonesLimited2013AnnuaReport
    • 57541 Words
    • 521 Pages

    DavidJonesLimited2013AnnuaReport

    CONTENTS Performance Analysis Chairman’s and Chief Executive Officer and Managing Director’s Report Five Year Financial Statistics Executive Committee Corporate Governance Statement…

    • 57541 Words
    • 521 Pages
    Powerful Essays
    Read More
  • Better Essays

    Acc 561 Financial Statements Differential
    • 910 Words
    • 4 Pages

    Acc 561 Financial Statements Differential

    Financial statements provide documentation of a company’s financial history for a set timeframe. One of the financial statement used by investors, creditors, and mangers is the balance sheet. The second statement used by accountant’s income statement, which is also important to shareholders. The third statement is the retained earnings statement, and the fourth financial statement is the statement of cash flows. Each financial statement has a different purpose and shows different aspects of the company’s finances. However, these financial statements are integrated and work together to provide shareholders financial information. This paper will defines the four financial statements while explaining the financial statement most suitable for either an investor, creditor, or management.…

    • 910 Words
    • 4 Pages
    Better Essays
    Read More
  • Powerful Essays

    Borland Software Corporation-goodwill and other intangible assets
    • 16407 Words
    • 66 Pages

    Borland Software Corporation-goodwill and other intangible assets

    Chapter 02 - Financial Reporting and Analysis Chapter 2 Financial Reporting and Analysis REVIEW Financial statements are the most visible products of a company‘s financial reporting process. The financial reporting process is governed by accounting rules and standards, managerial incentives, and enforcement and monitoring mechanisms. It is important for a user of financial information to understand the financial reporting environment along with the accounting information presented in financial statements. In this chapter, the concepts underlying financial reporting are discussed with special emphasis on accounting rules. Next the purpose of financial reporting is discussed – its objectives and how these objectives determine both the quality of the accounting information and the principles that underlie the accounting rules.…

    • 16407 Words
    • 66 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    David Jones Annual Report 2010
    • 27316 Words
    • 110 Pages

    David Jones Annual Report 2010

    Performance Analysis Chairman’s Report Chief Executive Officer’s Report Five Year Financial Statistics Board of Directors Management Committee Corporate Governance Statement Occupational Health & Safety People Community Environment Directors’ Report Remuneration Report Financial Statements Directors’ Declaration Auditor’s Independent Declaration Independent Audit Report Shareholder Information Corporate Directory…

    • 27316 Words
    • 110 Pages
    Powerful Essays
    Read More
  • Good Essays

    Swot Analysis Of Sears
    • 4647 Words
    • 19 Pages

    Swot Analysis Of Sears

    Financial Highlights/Common Share Market Information Letter to Our Shareholders Letter from the Chief Financial Officer Eleven Year Summary Quarterly Summary Management’s Discussion and Analysis Management’s Responsibility for Financial Statements Auditors’ Report Consolidated Statements of Financial Position Consolidated Statements of Earnings and Comprehensive Income / Consolidated Statements of Retained Earnings and Accumulated Other Comprehensive Income Consolidated Statements of Cash Flows Notes to Consolidated Financial Statements Directors and Officers Corporate Information…

    • 4647 Words
    • 19 Pages
    Good Essays
    Read More
  • Good Essays

    Blah
    • 65241 Words
    • 261 Pages

    Blah

    33 Board of Directors 37 Executive management 41 Corporate information 42 Notice 45 Explanatory statement 51 Particulars of Directors seeking appointment/reappointment 53 Directors’ report 62 Annexure to the Directors’ report 67 Management discussion and analysis report 74 Report on corporate governance for 2011/12 91 Auditors’ certificate…

    • 65241 Words
    • 261 Pages
    Good Essays
    Read More
  • Powerful Essays

    Citibank Performance Evaluation Case Study
    • 37745 Words
    • 151 Pages

    Citibank Performance Evaluation Case Study

    The financial statements illustrated and commented on in the following pages have been prepared on the basis of the company’s…

    • 37745 Words
    • 151 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    A Guide_to_Understanding_Annual Reports
    • 7183 Words
    • 51 Pages

    A Guide_to_Understanding_Annual Reports

    Fourth edition is a revision and update of the publication titled A guide to understanding annual reports: listed companies…

    • 7183 Words
    • 51 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    BHEL Organization Chart
    • 2162 Words
    • 9 Pages

    BHEL Organization Chart

    2 0 1 2 - 1 3Contents1.Letter to Shareholders22.Board of Directors33.Management Committee44.Corporate Organisational Structure65.Corporate Profile86.Year at a Glance157.Awards188.Directors’ Report19– Management Discussion and Analysis25– Brief Resume of Directors62–Corporate Governance64–Conservation of Energy91– Statement Pursuant to Section 212 of the Companies Act, 195693–Independent Auditors’ Report94–Comments of C&AG1009.Annual Accounts (Standalone)101– Audited Accounts with Cash Flow Statement & Notes103–Significant Accounting Policies12010.Subsidiary Companies147Bharat Heavy Plate and Vessels Limited–Directors’ Report149–Auditors’ Report162–Comments of C&AG167– Audited Accounts with Cash Flow Statement & Notes168–Significant Accounting Policies186BHEL Electrical Machines Limited–Directors’ Report197–Auditors’ Report199–Comments of C&AG203– Audited Accounts with Cash Flow Statement & Notes204–Significant Accounting Policies21511.Consolidated Financial Statements221–Independent Auditors’ Report223– Audited Accounts with Cash Flow Statement & Notes225–Significant Accounting Policies24312.Additional Information for Stakeholders259–Ten Years Financials261– Net Income under US GAAP263– Economic Value Added (EVA)265–Value Addition Statement266–Performance Annual Plan267–Contribution to Exchequer267–Product Profile268–BHEL in India277–Global Business27813.Business Responsibility Report of BHEL: 2012-1328014.Notice28515.Corporate Social Responsibility295…

    • 2162 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Pre Feasibility Report on Par Boiling Rice Plant in Pakistan
    • 9871 Words
    • 40 Pages

    Pre Feasibility Report on Par Boiling Rice Plant in Pakistan

    Umair Naseer Haresh Daswani Kiran Subhash Noor Effendi Athar Ali Khichi Mohammad Ali Rohail Pirzada…

    • 9871 Words
    • 40 Pages
    Powerful Essays
    Read More
  • Good Essays

    Azim Group
    • 3012 Words
    • 13 Pages

    Azim Group

    Transform the company into a modern and dynamic garments manufacturing company, provide quality products to customers, and explore new markets to promote / expand sales.…

    • 3012 Words
    • 13 Pages
    Good Essays
    Read More
  • Powerful Essays

    Internship Engro
    • 4764 Words
    • 20 Pages

    Internship Engro

    To be the Premier Pakistani Enterprise with a global reach, passionately pursuing value creation for all stake holders…

    • 4764 Words
    • 20 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Annual Report Fro Dabur India Limited
    • 58811 Words
    • 236 Pages

    Annual Report Fro Dabur India Limited

    Mr V C Burman Dr Anand Burman Mr Pradip Burman Mr Amit Burman Mr P D Narang Mr Sunil Duggal HH Maharaja Gaj Singh Mr R C Bhargava Mr P N Vijay Mr Stuart Edward Purdy Dr S Narayan Chairman Vice Chairman Director Director Director Director Director Director Director Director Director…

    • 58811 Words
    • 236 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Smartone Analysis
    • 16066 Words
    • 65 Pages

    Smartone Analysis

    Chairman’s Statement Management Discussion and Analysis Directors’ Profile Report on Review of Interim Financial Information Condensed Consolidated Profit and Loss Account Condensed Consolidated Statement of Comprehensive Income Condensed Consolidated Balance Sheet Condensed Consolidated Cash Flow Statement Condensed Consolidated Statement of Changes in Equity Notes to the Condensed Interim Financial Statements Other Information…

    • 16066 Words
    • 65 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Annual Report of Laxpana Batteries
    • 12619 Words
    • 51 Pages

    Annual Report of Laxpana Batteries

    Our Mission Notice of Meeting Chairman’s Review Company Profile Board of Directors Annual Report of the Board of Directors Audit Committee Report Independent Auditors’ Report to the Shareholders Income Statement Balance Sheet Statement of Changes In Equity Cash Flow Statement Notes to the Financial Statements Share Information Ten Year Financial Summary Notes Form of Proxy Corporate Information Inner Front Cover 2 3 4 5 6 9 10 11 12 13 14 15 31 33 34 35 Inner Back Cover…

    • 12619 Words
    • 51 Pages
    Powerful Essays
    Read More

Related Topics