geo tech financial statements 2012

8/12/2019 Geo Tech Financial Statements 2012

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S . No ParticularsDr. Cr. Dr Cr Dr. Cr.

1 Paid up Capital 4,915,000 - 4,915,000 2 Accumulated loss/profit 86,217 (5,887) 80,330

3 Fixed Assets at cost 4,599,865 - - 4,599,865 4 Accumulatd depreciation - 2,371,425 - 2,371,425 5 Grinding Charges(sales) - 5,344,518 5,344,518 6 Administration Expenses7 Salaries, wages & other benefits 315,000 315,000 - 8 Employee social security (ESSI) contribution 20,160 20,160 - 9 Employee old age benefit (EOBI) contribution 13,650 13,650 - 10 Postage and telephone 32,476 32,476 - 11 Repair and maintenance general 160,150 160,150 - 12 Auditor's remuneration 50,000 50,000 - 13 Property and other professional taxes 13,700 13,700 - 14 Printing and stationery 25,133 25,133 - 15 Travelling and conveyance 35,938 35,938 - 16 Entertainment 65,500 65,500 - 17 Bank charges 340 340 - 18 Electric inspection fee #REF! #REF! -

Hygiene check Up 5,000 5,000 19 Miscellaneous expenses 64,915 64,915 - 20 Depreciation on property, plant & equipments 25,280 25,280 - 21 Cost of Sales - - - 22 Salaries and wages 1,435,673 1,435,673 - 23 Electricity charges 2,434,695 2,434,695 - 24 Repair and maintenance 384,110 384,110 - 25 Carriage and cartage 16,130 16,130 - 26 Depreciation on property, plant and equipments 101,119 101,119 - 27 Income Tax Expense 53,445 53,445 - 28 Current Assets29 Other Advances to Staff 25,000 - 25,000 - 30 Advance income tax 703,172 - 776,535 - 31 Cash & Bank balance 2,064,137 2,351,324 - 32 Current liabilities33 Accrued expenses 137,896 273,568 34 Provision for taxation - 54,070 - 53,445

7,478,391 7,478,391 #REF! 5,344,518 #REF! 12,957,956

- #REF! #REF!

Closing Balance

TOTAL

Geo Tekniques (Pvt) LtdTrial Balance

For the year Ended June 30, 2012

Opening Balance For the Year


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-


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2012 2011 2012 2011 NOTE (RUPEES) (RUPEES) NOTE (RUPEES) (RUPEES)

SHARE CAPITAL & RESERVES ASSETS

SHARE CAPITAL NON-CURRENT ASSETS

Authorized : Property, plant and equipment 3 2,102,041 2,228,4

70,000 ordinary shares of Rs. 100/- each 7,000,000 7,000,000

Issued, subscribed & paid up:

49,150 ordinary shares of Rs.100/- each fully paid in cash 4,915,000 4,915,000

Accumulated profit / (loss) 5,887 (86,217) 4,920,887 4,828,783

CURRENT LIABILITIES CURRENT ASSETS

Accrued expenses & other liabilities 273,568 137,896 Advances 4 794,535 728,1 Provision for taxation 53,445 54,070 Cash and bank balances 2,351,324 2,064,1

327,013 191,966 3,145,859 2,792,3

5,247,900 5,020,749 5,247,900 5,020,7

-

HARIPUR CHIEF EXECUTIVE DIRECTOR

( 2 )

GEO TEKNIQUES (PRIVATE) LTDBALANCE SHEET

AS AT JUNE 30, 2012

The annexed notes form an integral part of these accounts.


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Note 2012 2011(RUPEES) (RUPEES)

REVENUE FROM GRINDING 5,344,518 5,407,025

COST OF SALES 5 4,371,727 4,215,551

GROSS PROFIT 972,791 1,191,474

OPERATING EXPENSES:

ADMINISTRATIVE 6 827,242 1,058,686

OPERATING PROFIT BEFORE TAX 145,549 132,788

PROVISION FOR TAXATION (53,445) (54,070)

NET PROFIT AFTER TAX 92,104 78,718


( 3 )

The annexed notes form an integral part of these accounts

GEO TEKNIQUES (PRIVATE) LTDPROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED JUNE 30, 2012


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2012 2011NOTE (RUPEES) (RUPEES)

Net Profit For The Year After Taxation 92,104 78,718

Other Comprehensive Income - -

Total Comprehensive Income For the Year 92,104 78,718

HARIPUR DIRECTORCHIEF EXECUTIVE

( 4 )

GEO TEKNIQUES (PRIVATE) LTDSTATEMENT OF COMPREHENSIVE INCOME


The annexed notes form an integral part of these financial statements


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2012 2011(RUPEES) (RUPEES)

CASH FLOW FROM OPERATING ACTIVITIES

Operating profit/(loss) before tax 145,549 132,788

Adjustment for non-cash item:

Depreciation on property, plant & equipments 126,399 137,435 126,399 137,435

Operating profit before working capital changes 271,948 270,223

Increase / decrease in working capital

Stock in trade - - Advances (66,363) - Accrued expenses 135,672 82,493

69,309 82,493 Net cash generated from operations 341,257 352,716

Income tax paid (54,070) (145,432)

Net cash used in operating activities 287,187 207,284

CASH FLOW FROM INVESTING ACTIVITIES

CASH FLOW FROM FINANCING ACTIVITIES

NET INCREASE/(DECREASE) IN CASH ANDCASH EQUIVALENTS DURING THE YEAR 287,187 207,284

CASH AND CASH EQUIVALENTSAT THE BEGINNING OF THE YEAR 2,064,137 1,856,853

CASH AND CASH EQUIVALENTSAT THE END OF THE YEAR 2,351,324 2,064,137


FOR THE YEAR ENDED JUNE 30, 2012STATEMENT OF CASH FLOWS

GEO TEKNIQUES (PRIVATE) LTD

( 5 )


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SHARE ACCUMULATEDCAPITAL (PROFIT/LOSS)

BALANCE AS ON JUNE 30, 2010 4,915,000 (164,935) 4,750,065

PROFIT FOR THE YEAR ENDED JUNE 30th, 2011 - 78,718 78,718

BALANCE AS ON JUNE 30, 2011 4,915,000 (86,217) 4,828,783

PROFIT FOR THE YEAR ENDED JUNE 30th, 2012 - 92,104 92,104

BALANCE AS ON JUNE 30, 2012 4,915,000 5,887 4,920,887


The annexed notes form an integral part of these accounts

( 6 )

All amounts are in Pak rupees

GEO TEKNIQUES (PRIVATE) LTDSTATEMENT OF CHANGES IN EQUITYFOR THE YEAR ENDED JUNE 30, 2012

TOTAL


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3. PROPERTY, PLANT AND EQUIPMENT

AT WRITTEN DOWNVALUE

AS AT ADDITIONS AS AT % UP TO FOR THE UP TO AS AT01-07-11 (DELETION) 30-06-12 01-07-11 YEAR 30-06-12 30-06-12

Land 450,000 - 450,000 - - - 450,000 Building 1,650,280 - 1,650,280 5 621,385 51,445 672,830 977,450 Plant & Machinery 2,031,660 - 2,031,660 10 1,415,617 61,604 1,477,221 554,439 Furniture & Fixtures 100,000 - 100,000 10 71,757 2,824 74,581 25,419 Electric Installations 325,000 - 325,000 10 233,211 9,179 242,390 82,610 Computer & Accessories 42,925 - 42,925 10 29,455 1,347 30,802 12,123

2012 (RUPEES) 4,599,865 - 4,599,865 2,371,425 126,399 2,497,824 2,102,041 2011 (RUPEES) 4,599,865 - 4,599,865 2,233,990 137,435 2,371,425 2,228,440

3. 1 Depreciation is allocated as follows:-2012 2011

(Rupees) (Rupees)

Cost of sale 101,119 109,948 Administrative Expenses 25,280 27,487

126,399 137,435

( 9 )

C O S T D E P R E C I A T I O N

PARTICULARS


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1. LEGAL STATUS AND OPERATIONS:

2. SIGNIFICANT ACCOUNTING POLICIES:

2.1 Statement of Compliance

2.2 Accounting convention

2.3 Trade and Other Payables

2.4 Provisions

2.5 Property, Plant and Equipment

All expenditures connected with specific assets incurred during installation and construction period are carried under capital work in progress. These aretransferred to specific assets as and when these assets are available for use. Depreciation is charged to income applying the reducing balance method.

Depreciation on additions to property, plant, and equipment is charged from the month in which an asset is acquired or capitalized while no depreciation ischarged for the month in which the asset is disposed off.

Maintenance and repairs are charged to income as and when incurred. Major renewals and improvements are capitalized and the assets so replaced, if any, areretired.

Gains or losses on disposal of assets, if any, are recognized as and when incurred.

Property, Plant and Equipment except free-hold land and capital work in progress are stated at cost less accumulated depreciation and impairment in value, if any. Free-hold land and Capital work in progress are stated at cost.

( 7 )

GEO TEKNIQUES (PRIVATE) LTDNOTES TO THE ACCOUNTS


GEO TEKNIQUES ( PRIVATE ) LIMITED. "The Company" has been incorporated as a Private Limited Company, under the Companies Ordinance, 1984. The principal activities of the company are phosphate grinding. The registered office of the company is situated at Khyber adda,Tehsil & district Haripur.

These financial statements have been prepared in accordance with the approved Accounting Standards as applicable in Pakistan. Approved AccountingStandards comprise of Accounting and Financial Reporting Standard for Small-Sized Entities (SSEs) issued by the Institute of Chartered Accountants of Pakistan and provisions of and directives issued under the Companies Ordinance 1984. In case requirements differ, the provisions or directives of theCompanies Ordinance, 1984 shall prevail.

These accounts have been prepared under the historical cost convention.

Liabilities for trade and other amounts payable are carried at cost which is the fair value of the consideration to be paid in the future for goods and servicesreceived whether billed to the company or not.

Provisions are recognized when the company has a present, legal or constructive obligation as a result of past events and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligations and a reliable estimate of the amount can be made. Provisions are reviewed at

each balance sheet date and adjusted to reflect the current best estimate.


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2.6 Stores, Spares and loose tools

2.7 Trade debts and other receivables

2.8 Cash and Cash Equivalents

2.9 Revenue Recognition

2.10 Borrowing Cost

2.11 Taxation

Current

The charge of taxation is based on taxable income at the current rate of taxation after taking into account applicable tax credit, rebates and exemption available

if any . However, for income covered under final tax regime taxation is based on applicable tax rate under such regime.

( 8 )

These are valued at the cost, determined on moving average basis less allowance for obsolete and slow moving items. The items in transit are valued at invoicevalues plus other charges incurred there on.

Trade debts and other receivables are carried at original invoice amount less an estimate made for doubtful receivables based on review of outstanding amountsat the year end. Balances considered bad and irrecoverable or written off when identified.

Cash and Cash Equivalents are carried in the balance sheet at cost. For the purpose of cash flow statement, cash and cash equivalents are consist of cash in handand cash at bank.

Revenue is measured at the fair value of the consideration received or receivable and represents amount receivable for goods and service provided in the normalcourse of business. Sales are recognized on delivery of products and / or on rendering of services to the customers.

Borrowing cost are directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, or added to the cost of those asset. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets are deducted from the borrowing cost eligible for capitalization.

All other borrowing costs are recognized on the profit or loss in the period in which they are incurred.


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4. ADVANCES

Income tax 776,535 703,172 Staff 18,000 25,000

794,535 728,172

5. COST OF SALES

Salaries and wages 1,435,673 1,107,701 Electricity charges 2,434,695 2,628,456 Repair and maintenance 384,110 359,900 Carriage and cartage 16,130 9,546 Depreciation on property, plant and equipments 3.1 101,119 109,948

4,371,727 4,215,551

6. ADMINISTRATIVE EXPENSES

Salaries, wages & other benefits 315,000 516,000 Employee social security contribution 20,160 30,600 Employee old age benefit contribution 13,650 24,500 Postage and telephone 32,476 61,703 Repair and maintenance general 160,150 174,665 Auditor's remuneration 50,000 50,000 Property and other professional taxes 13,700 - Printing and stationery 25,133 23,872 Travelling and conveyance 35,938 27,344 Entertainment 65,500 58,679 Bank charges 340 1,002 Hygiene Check Up 5,000 - Miscellaneous expenses 64,915 62,834 Depreciation on property, plant & equipments 3.1 25,280 27,487

827,242 1,058,686

7. AUTHORIZATION OF FINANCIAL STATEMENTS

8. GENERAL


These financial statements have been authorized for issue by the Board of Directors of the company on ________________________.

-Figures have been rounded off to the nearest rupee.-Figures of the previous year have been re-arranged wherever necessary for the purpose of comparison.

( 10 )


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RBCOCHARTERED ACCOUNTANTS

AUDIT CLIENT : GEO TECKNIQUE (PVT), LTD

AUDIT PERIOD : June 30th, 2012.

SCHEDULE : Sales, Purchases and Input tax and Output Tax Proforma

Month Purchase ValueInput sales

taxTotal Purchase

Value Sales Value

Sales/ OutputTax

Total SalesFederal

Excise Duty

Jul-11 206,306.00 33,009 239,315 434,156 69,465 503,621 -

Aug-11 201,894.00 32,303 234,197 390,544 62,487 453,031 -

Sep-11 239,400.00 38,304 277,704 510,344 81,655 591,999 -

Oct-11 279,581.00 44,733 324,314 585,455 93,673 679,128 -

Nov-11 321,425.00 51,428 372,853 581,744 93,079 674,823 -

Dec-11 365,131.00 58,421 423,552 619,775 99,164 718,939 -

Jan-12 292,475.00 46,796 339,271 454,319 72,691 527,010 -

Feb-12 429,344.00 68,695 498,039 624,706 99,953 724,659 -

Mar-12 - - - 165,925 26,548 192,473 -

Apr-12 96,606.00 15,457 112,063 256,331 41,013 297,344 -

May-12 100,363.00 16,058 116,421 244,744 39,159 283,903 -

Jun-12 195,244.00 31,239 226,483 476,475 76,236 552,711 -

Total 2,727,769.00 436,443 3,164,212 5,344,518 855,123 6,199,641 -


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AUDIT CLIENT : GEO TECKNIQUE (PVT), LTDAUDIT PERIOD : June 30th, 2012.

SCHEDULE : ADVANCES

2012 2011

(RUPEES) (RUPEES)

Income Tax 776,535 703,172

Advances to Staff 25,000 25,000

Total 801,535 728,172

Particulars


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SCHEDULE : Income Tax


Opening Balance as at 1 July 2011 703,172 583,221

For The Year 127,433 145,432

Previous Year Provision for taxation (54,070) (25,481)

Closing Balance as at 30th, June 2012 776,535 703,172

Particulars


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SCHEDULE : Accrued Expenses

2012 20

(RUPEES) (RUPE

1 ESSI -

2 Telephone bill 2,320

3 Audit Fee 50,000

4 EOBI 3,150

5 Federal excice duty -

6 Sales tax 218,098

273,568

S.no Particulars


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SCHEDULE : Sales, Purchases and Input tax and Output Tax Proforma

Month Purchase Value Input sal es taxTotal Purchase

Value Sales Value

Sales/ OutputTax

Dec-11 365,131.00 58,421 423,552 619,775 99,164

Jan-12 292,475.00 46,796 339,271 454,319 72,691

Feb-12 429,344.00 68,695 498,039 624,706 99,953

Mar-12 - - - 165,925 26,54

Apr-12 96,606.00 15,457 112,063 256,331 41,013

May-12 100,363.00 16,058 116,421 244,744 39,159

Jun-12 195,244.00 31,239 226,483 476,475 76,236

Total 1,479,163.00 236,666 1,715,829 2,842,275 454,7


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SCHEDULE : Current Liabilities


Accrued expenses & other liabilities 273,568 137,896

Provision for taxation 53,445 54,070

Total 327,013 191,966

Particulars


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SCHEDULE : Current Assets

2012 2011

(RUPEES) (RUPEES)

Advances 801,535 728,172

Cash and bank balances 2,265,050 2,064,137

Total 3,066,585 2,792,309

Particulars


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SCHEDULE : Cash & Bank Balances

2012 2011

(RUPEES) (RUPEES)

Cash at Bank 8,542.39 7,218

Cash In Hand 2,342,782 2,056,919

Total 2,351,324 2,064,137

Particulars


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Date Particulars Folio Debit Credit Dr/CRRs. Rs.

Jul-11 Being the Expense paid 2,387Aug-11 2,879

Sep-11 2,666

Oct-11 3,134Nov-11 2,856Dec-11 2,765

Jan-12 2,987

Feb-12 2,654

Mar-12 3,976

Apr-12 3,347May-12 3,275

Jun-12 3,012 DR.

Date Particulars Folio Debit Credit Dr/CRRs. Rs.

Jul-11 Being the Expense paid - Aug-11 - Sep-11 -

Oct-11June 2011and July 2011 3,360.00

Nov-11 -

Dec-11 - Jan-12 - Feb-12 - Mar-12 - Apr-12 -

May-12 -

Jun-12Aug 11 toJune 12 16,800.00 DR.

GEO TEKNIQUES (PRIVATE) LTDTraveling Expenses

ESSI Contribution


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Balance Date Particulars Folio Debit CreditRs. Rs.

2,387 Jul-11 Being the Expense paid 7,8905,266 Aug-11 0

7,932 Sep-11 0

11,066 Oct-11 5,70013,922 Nov-11 016,687 Dec-11 0

19,674 Jan-12 0

22,328 Feb-12 6,043

26,304 Mar-12 0

29,651 Apr-12 032,926 May-12 5,500

35,938 Jun-12 0


0 Jul-11 - 0 Aug-11 - 0 Sep-11 -

3,360 Oct-11 June 11 to july 11 2,100.00 3,360 Nov-11 -

3,360 Dec-11 - 3,360 Jan-12 - 3,360 Feb-12 - 3,360 Mar-12 August 11 to march 12 8,400.00 3,360 Apr-12 - 3,360 May-12 -

20,160 Jun-12 -

GEO TEKNIQUES (PRIVATE) LTDPrinting and stationery Expenses

EOBI Contribution


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Dr/CR Balance Date Particulars Folio Debit CreditRs. Rs.

7,890 Jul-11 Being the Expense paid 2,3337,890 Aug-11 2,455

7,890 Sep-11 2,445

13,590 Oct-11 3,40013,590 Nov-11 2,33213,590 Dec-11 2,987

13,590 Jan-12 2,344

19,633 Feb-12 3,245

19,633 Mar-12 2,789

19,633 Apr-12 3,14425,133 May-12 2,657

DR. 25,133 Jun-12 2,345


0 Jul-11 Being the Expense paid 1,0200 Aug-11 1,4500 Sep-11 1,285

2,100 Oct-11 1,7652,100 Nov-11 1,235

2,100 Dec-11 7902,100 Jan-12 1,9602,100 Feb-12 1,435

10,500 Mar-12 1,55510,500 Apr-12 76010,500 May-12 980

DR. 10,500 Jun-12 1,895

GEO TEKNIQUES (PRIVATE) LTDPostage Expense

Carriage and Cartage


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Dr/CR Balance Date Particulars Folio DebitRs.


7,233 Sep-11 4,356

10,633 Oct-11 5,45612,965 Nov-11 3,54615,952 Dec-11 5,989

18,296 Jan-12 6,788

21,541 Feb-12 6,544

24,330 Mar-12 5,466

27,474 Apr-12 4,79030,131 May-12 6,256

DR. 32,476 Jun-12 5,966


1,020 Jul-11 Being the Expense paid2,470 Aug-113,755 Sep-11

5,520 Oct-116,755 Nov-11

7,545 Dec-11 50,000.00 9,505 Jan-12

10,940 Feb-1212,495 Mar-1213,255 Apr-1214,235 May-12

DR. 16,130 Jun-12

GEO TEKNIQUES (PRIVATE) LEntertainment Expense

Auditor's Remuneration


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Credit Dr/CR Balance Date Particulars Folio Debit CreditRs. Rs. Rs.


14,699 Sep-11 10,133

20,155 Oct-11 9,86523,701 Nov-11 14,32529,690 Dec-11 15,632

36,478 Jan-12 11,456

43,022 Feb-12 15,678

48,488 Mar-12 14,686

53,278 Apr-12 12,41059,534 May-12 12,413

DR. 65,500 Jun-12 22,027

Credit Dr/CR Balance Date Particulars Folio Debit CreditRs. Rs. Rs.

0 Jul-11 Being the Expense paid0 Aug-110 Sep-11

0 Oct-110 Nov-11

50,000 Dec-1150,000 Jan-1250,000 Feb-1250,000 Mar-1250,000 Apr-1250,000 May-12

DR. 50,000 Jun-12

TD GEO TEKNIQUES (PRIVATE) LTDRepair & maintenance Expense - Gen

Accured Expense


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Dr/CR Balance Date Particulars Folio Debit Credit Dr/CRRs. Rs.


31,658 Sep-11 3,568

41,523 Oct-11 6,89555,848 Nov-11 5,49171,480 Dec-11 3,894

82,936 Jan-12 5,788

98,614 Feb-12 5,142

113,300 Mar-12 6,514

125,710 Apr-12 7,012138,123 May-12 5,338

DR. 160,150 Jun-12 5,256 DR.

Dr/CR Balance Date Particulars Folio Debit Credit Dr/CRRs. Rs.

0 Jul-11 Being the Expense paid0 Aug-110 Sep-11

0 Oct-110 Nov-11

0 Dec-110 Jan-120 Feb-120 Mar-120 Apr-120 May-12

DR. 0 Jun-12 DR.

GEO TEKNIQUES (PRIVATE) LTDral Miscellanous Expense

Depreciation Expense


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4,556 Jul-11 Being the Expense paid10,017 Aug-11

13,585 Sep-11

20,480 Oct-1125,971 Nov-1129,865 Dec-11

35,653 Jan-12 July 2011 to Dec 2011 2500

40,795 Feb-12

47,309 Mar-12

54,321 Apr-1259,659 May-12

64,915 Jun-12 Jan 2012 to June 12 2500


0 Jul-11 Being the Expense paid - 0 Aug-11 - 0 Sep-11 6,420.00

0 Oct-11 560.00 0 Nov-11 1,090.00

0 Dec-11 1,330.00 0 Jan-12 1,980.00 0 Feb-12 1,940.00 0 Mar-12 2,060.00 0 Apr-12 1,730.00 0 May-12 1,250.00

126,399 Jun-12 1,880.00

GEO TEKNIQUES (PRIVATE) LTDHygiene Check Up

Telephone Bill Charges


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0 Jul-11 Being the Expense paid 161,3490 Aug-11 204,353

0 Sep-11 242,398

0 Oct-11 283,1290 Nov-11 325,5910 Dec-11 369,861

2,500 Jan-12 293,602

2,500 Feb-12 310,812

2,500 Mar-12 0

2,500 Apr-12 24,1902,500 May-12 101,326

DR. 5,000 Jun-12 197,359


0 Jul-11 Being the Expense paid 123,4890 Aug-11 129,877

6,420 Sep-11 101,892

6,980 Oct-11 90,8908,070 Nov-11 115,690

9,400 Dec-11 124,15511,380 Jan-12 124,51113,320 Feb-12 120,56715,380 Mar-12 123,39017,110 Apr-12 124,41218,360 May-12 128,900

DR. 20,240 Jun-12 127,900

GEO TEKNIQUES (PRIVATE) LTDElectricity Bill Charges

Salary and Wages Expense - CS


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608,100 Sep-11 28,000

891,229 Oct-11 28,0001,216,820 Nov-11 28,0001,586,681 Dec-11 28,000

1,880,283 Jan-12 28,000

2,191,095 Feb-12 28,000

2,191,095 Mar-12 28,000

2,215,285 Apr-12 21,0002,316,611 May-12 21,000

DR. 2,513,970 Jun-12 21,000


123,489 Jul-11 Being the Expense paid253,366 Aug-11355,258 Sep-11

446,148 Oct-11561,838 Nov-11

685,993 Dec-11 340810,504 Jan-12931,071 Feb-12

1,054,461 Mar-121,178,873 Apr-121,307,773 May-12

DR. 1,435,673 Jun-12

GEO TEKNIQUES (PRIVATE) LTDSalary , Wages and other benefits Expe

Bank Charges


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84,000 Sep-11 32,450

112,000 Oct-11 23,000140,000 Nov-11 22,450168,000 Dec-11 23,895

196,000 Jan-12 34,566

224,000 Feb-12 34,660

252,000 Mar-12 34,555

273,000 Apr-12 37,600294,000 May-12 25,665

DR. 315,000 Jun-12 51,069


0 Jul-11 Being the Expense paid 33,009.00 0 Aug-11 32,303.00 0 Sep-11 38,304.00

0 Oct-11 44,733.00 0 Nov-11 51,428.00

340 Dec-11 58,421.00 340 Jan-12 46,796.00 340 Feb-12 68,695.00 340 Mar-12 19,270.00 340 Apr-12 15,457.00 340 May-12 16,058.00

DR. 340 Jun-12 31,239.00

Repair And Maintenance - Cost oGEO TEKNIQUES (PRIVATE) L

se

Sales Tax on Electricity Bills - In


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Credit Dr/CR Balance Date Particulars FolioRs.

18,70064,200 Jul-10 opening Balance

96,650 Jul-10

EOBI Contribution from

April to june 2010

119,650 Jul-10ESSI Contribution forthe month of june 2010

142,100165,995 Jul-10 Telephone

200,561 Jul-10withholding ontelephone

235,221 Dec-10 Auditor's Remuneration

269,776 Jun-11

307,376Telephone Bills mayand june 2011

333,041

DR. 384,110 Auditor's RemunerationEOBI Contribution for

the month june 201EssI Contribution forthe month April june

201Credit Dr/CR BalanceRs.

33,00965,312

103,616

148,349199,777 Date Particulars Folio

258,198304,994 Jul-11 Being the Expense paid373,689 Aug-11392,959 Sep-11408,416 Oct-11424,474 Nov-11

DR. 455,713 Dec-11Jan-12Feb-12

Mar-12

Sales Accured ETD GEO TEKNIQUES

ut Tax

Property and other p


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Apr-12May-12Jun-12


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Debit Credit Dr/CR BalanceRs. Rs.

50430

4500

2880

2863

187

40000 DR/CR 0

3050 3050

40000 40000

1750 41750

2520 44270

CR. 47,320

Debit Credit Dr/CR Balance

Rs. Rs.- 0- 0- 0

13,700.00 13,700- 13,700

- 13,700- 13,700- 13,700

- 13,700

xpensePRIVATE) LTD

rofessional taxes


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- 13,700- 13,700- DR. 13,700


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R O

Chartered Accountants



Schedules: WITHHOLDING TAX

Months Telephone Electricity Total

July - 9,640 9,640.00 August - 10,021 10,021.00 September 260.00 11,880 12,140.00 October - 13,872 13,872.00

November 8.00 15,946 15,954.00 December 30.00 18,114 18,144.00 January 89.00 9,713 9,802.00 February 85.00 11,693 11,778.00 March 97.00 5,985 6,082.00 April 66.00 4,804 4,870.00 May 22.00 4,989 5,011.00 June 80.00 9,699 9,779.00

Total 737.00 126,356 127,093.00


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R O




Schedules: WITHHOLDING TAX

2012 2011

(RUPEES) (RUPEES)

Opening Balance 703,172 583,221

Paid During The Year :

Electricity 126,356 132,947 Telephone 737 1,643 Bank 340 10,842

127,433 145,432

Less : Previous Year Provision For Taxation (54,070) (25,481)

Closing Balance 776,535 703,172


46/99




SCHEDULE : COST OF SALES

Particulars 2012 2011

(RUPEES) (RUPEES)

Salaries and wages 1,435,673 1,107,701

Electricity charges 2,513,970 2,628,456

Repair and maintenance 384,110 359,900

Carriage and cartage 16,130 9,546

Depreciation on property, plant and equipments 101,119 109,948

Total 4,451,002 4,215,551


47/99



SCHEDULE : SALARIES & WAGES - COS

Months Total Paid Amount

Jul-11 123,489

Aug-11 129,877

Sep-11 101,892

Oct-11 90,890

Nov-11 115,690

Dec-11 124,155

Jan-12 124,511

Feb-12 120,567

Mar-12 123,390

Apr-12 124,412

May-12 128,900

Jun-12 127,900

Total 1,435,673


48/99



SCHEDULE : Electricity

Months Units Consumed Gross BillWithholdingIncome Tax

Sales TaxCredit for FPAdjustments

Total PaidAmount

Amount Chargedto IncomeStatement

Jul-11 22,749 203,998 9,640 33,009 - 203,998 161,349

Aug-11 24,588 246,677 10,021 32,303 - 246,677 204,353

Sep-11 29,968 292,582 11,880 38,304 - 292,582 242,398

Oct-11 35,500 341,734 13,872 44,733 - 341,734 283,129

Nov-11 41,665 392,965 15,946 51,428 - 392,965 325,591

Dec-11 47,317 446,396 18,114 58,421 - 446,396 369,861

Jan-12 22,620 350,111 9,713 46,796 - 350,111 293,602

Feb-12 28,829 391,200 11,693 68,695 - 391,200 310,812

Mar-12 12,267 146,918 5,985 - 220,206 (73,289) (79,274)

Apr-12 8,729 117,739 4,804 15,457 73,289 44,450 24,189

May-12 9,633 122,373 4,989 16,058 - 122,373 101,326

Jun-12 21,148 238,297 9,699 31,239 - 238,297 197,359

Total 305,013 3,290,989 126,356 436,443 293,495 2,997,494 2,434,695


49/99



SCHEDULE : Electricity Consumption Schedule

MonthsElectricity Units

ConsumedQuantity Rate

Electricity UnitsConsumed

Quantity Rate

Jul-11 22,749 321,597 14.1368 11,294 - -

Aug-11 24,588 289,292 11.7656 15,418 481,481 31.2285

Sep-11 29,968 378,033 12.6145 7,517 - -

Oct-11 35,500 433,670 12.2161 18,007 - -

Nov-11 41,665 430,921 10.3425 19,475 296,815 15.2408

Dec-11 47,317 459,093 9.7025 32,942 413,074 12.5394

Jan-12 22,620 336,533 14.8777 43,758 512,850 11.7201

Feb-12 28,829 462,745 16.0514 49,908 608,148 12.1854

Mar-12 12,267 122,907 10.0194 33,096 380,323 11.4915

Apr-12 8,729 189,875 21.7522 39,845 452,222 11.3495

May-12 9,633 181,292 18.8199 31,702 367,037 11.5777

Jun-12 21,148 352,944 16.6893 38,517 493,253 12.8061

Total 305,013 3,958,901 12.9795 341,479 4,005,203 11.7290


50/99



SCHEDULE : REPAIR & MAINTENANCE


Jul-11 18,700

Aug-11 45,500

Sep-11 32,450

Oct-11 23,000

Nov-11 22,450

Dec-11 23,895

Jan-12 34,566

Feb-12 34,660

Mar-12 34,555

Apr-12 37,600

May-12 25,665

Jun-12 51,069

Total 384,110


51/99



SCHEDULE : CARRIAGE & CARTAGE


Jul-11 1,020

Aug-11 1,450

Sep-11 1,285

Oct-11 1,765

Nov-11 1,235

Dec-11 790

Jan-12 1,960

Feb-12 1,435

Mar-12 1,555

Apr-12 760

May-12 980

Jun-12 1,895

Total 16,130


52/99




SCHEDULE : ADMINSTRATION EXPENSES

Particulars 2012 2011

(RUPEES) (RUPEES)

Salaries, wages & other benefits 315,000 516,000

Employee social security (ESSI) contribution 20,160 30,600

Employee old age benefit (EOBI) contribution 10,500 24,500

Postage and telephone 32,476 61,703

Repair and maintenance general 160,150 174,665

Auditor's remuneration 50,000 50,000

Property and other professional taxes 13,700 -

Printing and stationery 25,133 23,872

Travelling and conveyance 35,938 27,344

Entertainment 65,500 58,679

Bank charges 340 1,002

Electric inspection fee - -

Hygiene Check Up 5,000

Miscellaneous expenses 64,915 62,834

Depreciation on property, plant & equipments 25,280 27,487

Total 824,092 1,058,686


53/99



SCHEDULE : SALARIES AND WAGES


Jul-11 28,000.00

Aug-11 28,000.00

Sep-11 28,000.00

Oct-11 28,000.00

Nov-11 28,000.00

Dec-11 28,000.00

Jan-12 28,000.00

Feb-12 28,000.00

Mar-12 28,000.00

Apr-12 21,000.00

May-12 21,000.00

Jun-12 21,000.00

Total 315,000


54/99



SCHEDULE : ESSI CONTRIBUTION


Jul-11 -

Aug-11 -

Sep-11 -

Oct-11 3,360

Nov-11 -

Dec-11 -

Jan-12 -

Feb-12 -

Mar-12 -

Apr-12 -

May-12 -

Jun-12 16,800

Total 20,160


55/99



SCHEDULE : EOBI CONTRIBUTION


Jul-11 -

Aug-11 -

Sep-11 -

Oct-11 2,100

Nov-11 -

Dec-11 -

Jan-12 -

Feb-12 -

Mar-12 8,400

Apr-12 -

May-12 -

Jun-12 3,150

Total 13,650


56/99


57/99



SCHEDULE : REPAIR & MAINTENANCE - GENERAL


Jul-11 8,979

Aug-11 12,546

Sep-11 10,133

Oct-11 9,865

Nov-11 14,325

Dec-11 15,632

Jan-12 11,456

Feb-12 15,678

Mar-12 14,686

Apr-12 12,410

May-12 12,413

Jun-12 22,027

Total 160,150


58/99



SCHEDULE : PRINTING & STATIONERY EXPENSE


Jul-11 7,890

Aug-11 -

Sep-11 -

Oct-11 5,700

Nov-11 -

Dec-11 -

Jan-12 -

Feb-12 6,043

Mar-12 -

Apr-12 -

May-12 5,500

Jun-12 -

Total 25,133


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SCHEDULE : TRAVELING EXPENSE


Jul-11 2,387.00

Aug-11 2,879.00

Sep-11 2,666.00

Oct-11 3,134.00

Nov-11 2,856.00

Dec-11 2,765.00

Jan-12 2,987.00

Feb-12 2,654.00

Mar-12 3,976.00

Apr-12 3,347.00

May-12 3,275.00

Jun-12 3,012.00

Total 35,938


60/99


61/99



SCHEDULE : MISCELLANOUS EXPENSE


Jul-11 4,556

Aug-11 5,461

Sep-11 3,568

Oct-11 6,895

Nov-11 5,491

Dec-11 3,894

Jan-12 5,788

Feb-12 5,142

Mar-12 6,514

Apr-12 7,012

May-12 5,338

Jun-12 5,256

Total 64,915


62/99



SCHEDULE : HYGIENE CHECK UP


Jul-11 -

Aug-11 -

Sep-11 -

Oct-11 -

Nov-11 -

Dec-11 -

Jan-12 2,500

Feb-12 -

Mar-12 -

Apr-12 -

May-12 -

Jun-12 2,500

Total 5,000


63/99



SCHEDULE : Postage and Telephone(612253-8)

MONTH GROSS

AMOUNTWHT ARREARS NET AMOUNT POSTAGE Total

Jul-11 - - - - - 2,333 2,333 Aug-11 6,420 260 4,020 2,140 315 2,455 Sep-11 560 - - 560 1,885 2,445 Oct-11 1,090 8 - 1,082 2,318 3,400

Nov-11 1,330 30 - 1,300 1,032 2,332 Dec-11 1,980 89 - 1,891 1,096 2,987 Jan-12 1,940 85 - 1,855 489 2,344 Feb-12 2,060 97 - 1,963 1,282 3,245 Mar-12 1,730 66 - 1,664 1,125 2,789 Apr-12 1,250 22 - 1,228 1,916 3,144 May-12 1,880 80 - 1,800 857 2,657 Jun-12 2,320 120 - 2,200 145 2,345

TOTAL 22,560 857 4,020 17,683 14,793 32,476


64/99

Accounting profit/(loss) for the year 132,788

Add:Accounting depreciation 149,540

282,328 less:Tax depreciation 214,110 Tax losses B/f(2007/2008) -

214,110 Net tax profit/loss 68,218

Provisions1 35% of profit 23,876 2 1% of turn over 54,070-

Higher on 1 or 2 (54,070)

C O S T RATEPARTICULARS WRITTEN DOWN D E P R E C I A T I O N

AS AT ADDITIONS AS AT % FOR THE YEAR7/1/2010 (DELETION) 30-06-11

Building 891,527 - 891,527 10 89,153 Furniture & Fixtures 23,580 - 23,580 15 3,537

Plants and machinery 800,950 - 800,950 15 120,142 Computer & Accessories 4,260 - 4,260 30 1,278

Total 1,720,317 1,720,317 214,110

INCOME TAX WORKING


65/99



SCHEDULE : SHARE CAPITAL


Authorized :

70000 ordinary shares of Rs. 100/- each 7,000,000 7,000,000

Issued, subscribed & paid up:

49150 ordinary shares of Rs.100/- each fully paid in cash 4,915,000 4,915,000


66/99

RAFAQAT BABAR & COChartered Accountants

Geo Tekniques (Pvt) LtdFor the year ended June 30, 2012

Schedules: Share Capital2012 2011

(Rupees) (Rupees)

Authorised:

70000 ordinary shares 7,000,000 7,000,000 of Rs. 100/- each

I ssued, Subscri bed & Paid up:

49150 ordinary shares 4,915,000 4,915,000 of Rs.100/- each

Accumulted profit /(loss) 5,887 (86,217)

4,920,887 4,828,783


67/99



Schedules: Current Liabilities

2012 2011(Rupees) (Rupees)

Accrued expenses & other libilities 273,568 137,896

Provision for taxation 53,445 54,070

327,013 191,966


68/99



Schedules: Current Assets


Advances 794,535 728,172 Cash & Bank balances 2,351,324 2,064,137

3,145,859 2,792,309


69/99


70/99



Schedules: Advance income tax2012 2011

(Rupees) (Rupees)

Opening balance 703,172 594,063 Paid during the year:

Electricity 120,371 132,947 Telephone 865 1,643 Bank - -

Less: Previous year provision for taxation (54,070) (25,481)

770,338 703,172


71/99



Schedules: Cash and bank balances2012 2011

(Rupees) (Rupees)

Cash in hand 2,124,150 2,056,919 Cash at bank 8,542 7,218

2,132,692 2,064,137


72/99


73/99



Schedules: Cost Of Goods Sold2012 2011

(Rupees) (Rupees)

Salaries and wages 1,435,673 1,107,701 Electricity charges 2,434,695 2,628,456 Repair and maintenance 384,110 359,900 Carriage and cartage 16,130 9,546 Depreciation on property, plant and equipments 101,119 109,948

4,371,727 4,215,551


74/99



Schedules: Administrative Expenses


Salaries, wages & other benefits 315,000 516,000 Employee social security (ESSI) contribution 20,160 30,600 Employee old age benefit (EOBI) contribution 13,650 24,500 Postage and telephone 32,476 61,703 Repair and maintenance general 160,150 174,665 Auditor's remuneration 50,000 50,000 Property and other professional taxes 13,700 - Printing and stationery 25,133 23,872 Travelling and conveyance 35,938 27,344 Entertainment 65,500 58,679 Bank charges 340 1,002 Miscellaneous expenses 64,915 62,834 Depreciation on property, plant & equipments 25,280 27,487

822,242 1,058,686


75/99



Schedules: Electricity Bills

2012 2011Gross Bill Sale Tax WHT (Rupees) (Rupees)

July-11August-11 203,998 33,009 9,640 161,349 89,493

September-11 246,677 32,303 10,021 204,353 102,409 October-11 292,582 38,304 11,880 242,398 64,536

November-11 341,734 44,733 13,872 283,129 128,494 December-11 392,965 51,428 15,946 325,591 162,518

January-12 446,396 58,421 18,114 369,861 251,587 February-12 350,111 46,796 9,713 293,602 325,100

March-12 391,200 68,695 11,693 310,812 370,924 April-12 - 260,039 May-12 44,451 15,457 4,804 24,190 308,412 June-12 122,373 16,058 4,989 101,326 222,874

238,297 31,239 9,699 197,359 342,070

436,443 120,371 2,513,970 2,628,456


76/99



Schedules: EOBI


June 11 to July 11 2,100 - August 11 to March 12 8,400 - April to September - 9,000 October - 1,500

November - 1,750 December - 1,750 January - 1,750 Febrary - 1,750 March to May - 5,250 June - 1,750

10,500 24,500


77/99



Schedules: ESSI


June 11 to July 11 3,360 - August 11 to June 12 16,800 -

July-11 - 2,880 August-11 - 2,520

September-11 - 2,520 October-11 - 2,520

November-11 - 2,520 December-11 - 2,520

January-12 - 2,520 February-12 - 2,520

March-12 - 2,520 April-12 - 2,520 May-12 - 2,520 June-12 - 2,520

20,160 30,600


78/99



Schedules: Telephone Bills

2012 2011G/Amount WHT (Rupees) (Rupees)

July-11 - - - 2,055 August-11 6,390 260 6,130 3,926

September-11 560 - 560 2,841 October-11 1,090 8 1,082 4,529

November-11 1,330 38 1,292 3,373

December-11 1,980 89 1,891 - January-12 1,940 85 1,855 2,366

February-12 2,060 97 1,963 2,273 March-12 1,730 66 1,664 3,215

April-12 1,250 22 1,228 3,376 May-12 1,880 80 1,800 1,097 June-12 2,320 120 2,200 555

22,530 865 21,665 29,606


79/99



Schedules: Accrued Expenses2012 2011

(Rupees) (Rupees)

Audit fee 50,000 50,000 Sale tax payable 44,997 61,675 EOBI 2,100 1,750 Telephone bills 2,320 5,304 FED 16,647 ESSI 2,520

99,417 137,896


80/99

Z



Schedule Share Capital

2011 2010

Authorised:

70000 ordinary shares 7,000,000 7,000,000 of Rs. 100/- each

I ssued, Subscri bed & Paid up:

49150 ordinary shares 4,915,000 4,915,000 of Rs.100/- each

Accumulted profit /(loss) - (541,009)

4,915,000 4,373,991

Amounts in Rs.


81/99

RAFAQAT BABAR CO



Schedule Current Liabilities

2011 2010

Accrued expenses & other libilities 137,896 55,403

Provision for taxation 54,070- 25,481

83,826 80,884

Amounts in Rs.


82/99

RAFAQAT BABAR CO



Schedule Current Assets

2011 2010

Advances 844,423 844,423 Cash & Bank balances 2,064,137 1,856,854

2,908,560 2,701,277

Amounts in Rs.


83/99

RAFAQAT BABAR CO



Schedule Advances

2011 2010

Advance Income tax 819,423 583,221 Advances to staff 25,000 25,000

844,423 608,221

Amounts in Rs.


84/99

RAFAQAT BABAR CO



Schedule Advance income tax

2011 2010

Opening balance 583,221 386,989 Paid during the year:

Electricity 132,947 193,119 Telephone 1,643 3,113 Bank 127,093 -

Less: Previous year provision for taxation (25,481) -

819,423 583,221

Amounts in Rs.


85/99

RAFAQAT BABAR CO



Schedule Cash and bank balances

2011 2010

Cash in hand 2,056,919 1,842,511 Cash at bank 7,218 14,343

2,064,137 1,856,854

Amounts in Rs.


86/99

RAFAQAT BABAR CO



Schedule Sales

2011 2010

REVENUE FROM GRINDING 5,407,025 5,096,261

5,407,025 5,096,261

Amounts in Rs.


87/99

RAFAQAT BABAR CO



Schedule Cost Of Sales

2011 2010

Cost Of Goods Sold 4,233,114 3,569,453

4,233,114 3,569,453

Amounts in Rs.


88/99

RAFAQAT BABAR CO



Schedule Administrative Expenses

2011 2010

Administrative Expenses 1,058,686 1,125,253

1,058,686 1,125,253

Amounts in Rs.


89/99

RAFAQAT BABAR CO



Schedule: Advance income tax

S/NO Description Amount

1 Electricity 126,356 2 Telephone (No: 612253-8) 737 3 WHT on Bank 127,093

254,186


90/99

RAFAQAT BABAR CO



Schedule: Electricity charges

MONTH GROSS AMOUNT SALES TAX W.H.TAX NET AMOUNT

July 108,010 14,135 4,832 89,493August 124,550 17,145 4,996 102,409September 78,542 10,841 3,165 64,536October 156,310 21,536 6,280 128,494

November 197,781 27,294 7,969 162,518December 306,110 42,208 12,315 251,587January 395,853 54,775 15,978 325,100February 451,277 62,207 18,146 370,924March 316,417 43,642 12,736 260,039April 375,121 51,751 14,958 308,412May 279,688 42,537 14,277 222,874June 410,892 51,527 17,295 342,070

TOTAL 3,200,551 439,598 132,947 2,628,456


91/99

RAFAQAT BABAR CO



Schedule: Telephone Bills

MONTH GROSS AMOUNT W.H.TAX NET AMOUNT

July 2,160 105 2,055 August 4,202 276 3,926

September 3,041 200 2,841 October 4,848 319 4,529

November 3,610 237 3,373 December - - -

January 2,490 124 2,366 February 2,400 127 2,273

March 3,470 255 3,215 April 3,640 264 3,376 May 1,109 12 1,097 June 555 - 555

TOTAL 31,525 1,919 29,606


92/99

RAFAQAT BABAR CO



Schedule: ESSI (Admin Expense)

MONTH PARTICULRS AMOUNT

July ESSI 2,880 August ESSI 2,520

September ESSI 2,520 October ESSI 2,520

November ESSI 2,520 December ESSI 2,520

January ESSI 2,520 February ESSI 2,520

March ESSI 2,520 April ESSI 2,520 May ESSI 2,520 June ESSI 2,520 Accrued

TOTAL 30,600


93/99

RAFAQAT BABAR CO



Schedule: EOBI (Admin Expense)

MONTH PARTICULRS AMOUNT

April to September EOBI 9,000 October EOBI 1,500

November EOBI 1,750 December EOBI 1,750 January EOBI 1,750 February EOBI 1,750 March to May EOBI 5,250 June EOBI 1,750 AccruedTOTAL 24,500


94/99

RAFAQAT BABAR CO



Schedule: Accrued Expenses & other liabilities

S.No PARTICULRS2011 2010

1 ESSI (June 2011) 2,520 2,880

2 Telephone bill (May,June 11) 5,304 3,050

3 Audit fee 50,000 40,000

4EOBI (Jun, 2011 @1,750 /month) 1,750 4,500

5Federal excise duty(FED) for June 16,647 -

6Sale tax for month ofJune 61,675 -

Total 137,896 50,430

AMOUNT


95/99

RAFAQAT BABAR CO




Schedule: Authorized Share Capital:

70000 ordinary shares of Rs. 100/- each 7,000,000 7,000,000

Issued, Subscribed & Paid up:

49150 ordinary shares

of Rs.100/- each 4,915,000 4,915,000


96/99

RAFAQAT BABAR CO




Schedule: COST OF SALES

Salaries & Wages 1,107,701 1,030,000

Electricity Charges 2,628,456 1,950,501

Repair and maintenance 359,900 460,570

Carriage and cartage 35,938 8,750

Depreciation 101,119 -

Total 4,233,114 3,449,821


97/99

RAFAQAT BABAR CO



Schedule: ADMINISTRATIVE EXPENSES2,011 2010

(RUPEES) (RUPEES)

Salaries, wages & other benefits 516,000 460,000

Employee social security (ESSI) 30,600 23,760 Employee old age benefit (EOBI 24,500 15,000 ESSI for penalty - 6,197 Postage & Telephone 61,703 53,447 Repair & Maintenance general 174,665 238,190 Audit fee 50,000 40,000 Property & other professional ta - 31,476 Printing & stationery 23,872 18,740 Travelling & Conveyance 27,344 20,945 Entertainment 58,679 80,490

Bank charges 1001.61 - Electric Inspection fee - 2,150 Mics.expenses 62,834 104,950 Depreciation 27,487 29,908

Total 1,058,686 1,125,253


98/99

RAFAQAT BABAR CO



Schedule: SALES

MONTHxempted sale

Taxable sales Total Net sales

Jul-10 - - - Aug-10 650,000 - 650,000

Sep-10 - - - Oct-10 - - - Nov-10 - 400,700 400,700 Dec-10 - 557,650 557,650 Jan-11 - 692,347 692,347 Feb-11 - 821,000 821,000 Mar-11 - 513,436 513,436 Apr-11 - 610,500 610,500

May-11 - 495,500 495,500 Jun-11 - 665,892 665,892

Total 650,000 4,757,025 5,407,025


99/99

RAFAQAT BABAR CO



Schedules: Electricity consumption

Months

Unit consumed Cost Unit consumed Cost July 11,294 108,010 24,380 203,392

August 15,418 124,550 27,000 219,148September 7,517 78,542 37,320 282,325October 18,007 156,310 31,440 257,008

November 19,475 197,781 43,720 331,000December 32,942 306,110 33,820 324,212 January 43,758 395,853 28,600 178,401February 49,908 451,277 33,360 267,638 March 33,096 316,417 25,800 220,199 April 39,845 375,121 3,860 28,155

May 31,702 279,688 320 6,839 June 38,517 410,892 4,951 105,160Total 341,479 3,200,551 294,571 2,423,477

2011 2010

geo tech financial statements 2012

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