::: SAUDI PAK :::



SAUDI PAK INDUSTRIAL AND AGRICULTURAL INVESTMENT COMPANY LIMITED
BALANCE SHEET AS ON MARCH 31, 2010 (UNAUDITED)



		(In Pak Rupees)

	Note	MARCH 31,	DECEMBER 31,
		2010	2009

ASSETS
Cash and balances with treasury banks		30,383,741	44,578,637
Balances with other banks		750,835,834	2,538,195,884
Lending to financial institution and others		2,016,608,020	2,083,870,748
Investments	4	8,048,748,969	7,403,286,526
Advances	5	6,026,431,791	5,609,524,360
Operating fixed assets		2,256,648,352	2,282,313,203
Deferred tax asset		123,694,858	129,962,515
Other Assets		1,539,544,050	1,119,387,316
		20,792,895,615	21,211,119,189

LIABILITIES
Borrowings from financial institutions		8,613,128,786	8,160,658,100
Deposit and other accounts		1,616,892,934	2,635,847,714
Deferred tax liability		-	-
Deferred liabilities		58,112,027	71,645,385
Other liabilities		270,362,801	264,020,066
		10,558,496,548	11,132,171,265

NET ASSETS		10,234,399,067	10,078,947,924

REPRESENTED BY
Share capital		6,000,000,000	6,000,000,000
Reserves		2,160,544,286	2,520,383,519
Unappropriated profit/(loss)		-	(528,064,364)
		8,160,544,286	7,992,319,155
Surplus/ (Deficit) on revaluation of securities		(16,902,120)	(25,451,367)
Surplus/ (Deficit) on revaluation of fixed assets		2,090,756,901	2,112,080,136

		10,234,399,067	10,078,947,924

CONTINGENCIES AND COMMITMENTS	6	-	-

The annexed notes 1 to 8 form an integral part of these accounts






___________________________ __________		_______________	__________
General Manager/Chief Executive Director		Director	Chairman