50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from

div class=ts-pagebuttonPage 1button div class=ts-image amp-img class=ts-thumb alt=Page 1: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails1jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 2button div class=ts-image amp-img class=ts-thumb alt=Page 2: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails2jpg width=142 height=106 layout=responsive amp-img divp50th Annual Report 2015pdivdiv class=ts-pagebuttonPage 3button div class=ts-image amp-img class=ts-thumb alt=Page 3: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails3jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 4button div class=ts-image amp-img class=ts-thumb alt=Page 4: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails4jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 5button div class=ts-image amp-img class=ts-thumb alt=Page 5: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails5jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 6button div class=ts-image amp-img class=ts-thumb alt=Page 6: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails6jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 7button div class=ts-image amp-img class=ts-thumb alt=Page 7: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails7jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 8button div class=ts-image amp-img class=ts-thumb alt=Page 8: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails8jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 9button div class=ts-image amp-img class=ts-thumb alt=Page 9: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails9jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 10button div class=ts-image amp-img class=ts-thumb alt=Page 10: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails10jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 11button div class=ts-image amp-img class=ts-thumb alt=Page 11: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails11jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 12button div class=ts-image amp-img class=ts-thumb alt=Page 12: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails12jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 13button div class=ts-image amp-img class=ts-thumb alt=Page 13: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails13jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 14button div class=ts-image amp-img class=ts-thumb alt=Page 14: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails14jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 15button div class=ts-image amp-img class=ts-thumb alt=Page 15: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails15jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 16button div class=ts-image amp-img class=ts-thumb alt=Page 16: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails16jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 17button div class=ts-image amp-img class=ts-thumb alt=Page 17: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails17jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 18button div class=ts-image amp-img class=ts-thumb alt=Page 18: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails18jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 19button div class=ts-image amp-img class=ts-thumb alt=Page 19: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails19jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 20button div class=ts-image amp-img class=ts-thumb alt=Page 20: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails20jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 21button div class=ts-image amp-img class=ts-thumb alt=Page 21: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails21jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 22button div class=ts-image amp-img class=ts-thumb alt=Page 22: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails22jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 23button div class=ts-image amp-img class=ts-thumb alt=Page 23: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails23jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 24button div class=ts-image amp-img class=ts-thumb alt=Page 24: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails24jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 25button div class=ts-image amp-img class=ts-thumb alt=Page 25: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails25jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 26button div class=ts-image amp-img class=ts-thumb alt=Page 26: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails26jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 27button div class=ts-image amp-img class=ts-thumb alt=Page 27: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails27jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 28button div class=ts-image amp-img class=ts-thumb alt=Page 28: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails28jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 29button div class=ts-image amp-img class=ts-thumb alt=Page 29: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails29jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 30button div class=ts-image amp-img class=ts-thumb alt=Page 30: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails30jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 31button div class=ts-image amp-img class=ts-thumb alt=Page 31: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails31jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 32button div class=ts-image amp-img class=ts-thumb alt=Page 32: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails32jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 33button div class=ts-image amp-img class=ts-thumb alt=Page 33: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails33jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 34button div class=ts-image amp-img class=ts-thumb alt=Page 34: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails34jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 35button div class=ts-image amp-img class=ts-thumb alt=Page 35: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails35jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 36button div class=ts-image amp-img class=ts-thumb alt=Page 36: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails36jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 37button div class=ts-image amp-img class=ts-thumb alt=Page 37: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails37jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 38button div class=ts-image amp-img class=ts-thumb alt=Page 38: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails38jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 39button div class=ts-image amp-img class=ts-thumb alt=Page 39: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails39jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 40button div class=ts-image amp-img class=ts-thumb alt=Page 40: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails40jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 41button div class=ts-image amp-img class=ts-thumb alt=Page 41: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails41jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 42button div class=ts-image amp-img class=ts-thumb alt=Page 42: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails42jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 43button div class=ts-image amp-img class=ts-thumb alt=Page 43: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails43jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 44button div class=ts-image amp-img class=ts-thumb alt=Page 44: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails44jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 45button div class=ts-image amp-img class=ts-thumb alt=Page 45: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails45jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 46button div class=ts-image amp-img class=ts-thumb alt=Page 46: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails46jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 47button div class=ts-image amp-img class=ts-thumb alt=Page 47: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - from src=https:reader034vdocumentsnetreader034viewer20220505195fa327241b3b0018ee0dff68html5thumbnails47jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 48button div class=ts-image amp-img class=ts-thumb alt=Page 48: 50th Annual Report 2015 - Pakistan Stock Exchange 20 21 Adam Sugar Mills Limited SHORT TERM BORROWINGS Unsecured - interest free from chief executive Secured - interest bearing - 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