With the birth of a new soul comes a new voice and with it a series of innocent new stories that we treasure all our lives. The circle of the family grows and is strengthened with every addition of a voice, and who understands it better than PTCL.
For sixty years it has been the one and only connection between families and the voice of the little ones who share thousand stories with the world. From the first faltering “hello” to the most eloquent speech, PTCL has given voice to many little angels of Pakistan and today it has become one strong voice of the country. We have shared the joys, the love, the obstacles, and the sorrows together, its time that we move ahead keeping the trust we have on each other and relying on the connection that is stronger than ever before. We are transforming our world by changing the way we communicate globally. Our every thought, word and emotion when shared will send out ripples that will alter everyone’s life globally and locally. Our progress will inspire others to speak up and voice their views and emotions as freely as possible. PTCL today, is an open, borderless medium for communication. We have worked hard to preserve a seat in the centre of the world, and to be your ambassador to the world. So join in and see how
our local human spirit of bringing people closer contributes to the globe, and feel the difference we are going to make,
together!
Annual Report and Accounts 2007
Pakistan Telecommunication Company Limited
2
Contents
Company Review Corporate Vision & Mission Corporate Information Operating Highlights Financial Highlights Board of Directors Message by CEO PTCL Directors' Report Composition of Audit Committee Composition of Human Resource Committee Attendance of PTCL Board Members Statement of Compliance (CCG) Auditors' Review Report to the Members Company Financial Statements Auditors' Report to the Members Balance Sheet Profit and Loss Account Cash Flow Statement