Annual Report 2014 gulahmed

Topics: Board of directors, Non-executive director, Financial statements Pages: 164 (53566 words) Published: July 7, 2015
INSPIRED BY NATURE
Nature has those splendors a
curious soul desires. There are
spectacles that enchant and
phenomena that captivate. The
making of textile is an inspired
event that manifests the richness
of the vibrant nature.

VISION
Setting trends globally in the textile industry.
Responsibly delivering products and
services to our partners.

MISSION

To deliver value to our partners through innovative
technology and teamwork. Fulfilling our social and
environmental responsibilities.

VALUES
• Integrity
• Passion
• Creativity
• Teamwork

Contents
Company information
Color
Texture
Details
Shape
Pattern
Organogram
Strategic Objectives
Product
Stakeholders Engagement
Profile of the Directors
Board Committees
Code of Conduct and Ethics
Shareholders' Information
Chairman’s Message
Directors' Report
Sustainability Report
Financial Highlights
Financial Ratios
Graphical Analysis
Our Value Addition and its Distribution
Horizontal Analysis of Financial Statements
Vertical Analysis of Financial Statements
Comments on Financial Analysis
Statement of Compliance with the Code of Corporate Governance Notice of annual general meeting
Review report to the members on statement of compliance with best practices of the code of corporate governance Auditors' report to the members
Balance sheet
Profit and loss account
Statement of comprehensive income
Cash flow statement
Statement of changes in equity
Notes to the Financial Statements
Attendance at board and committee meetings
Pattern of shareholding

02
03
05
07
09
11
13
14
17
18
19
21
23
24
25
26
31
34
35
36
38
39
40
41
42
44
45
46
47
49
50
51
53
54
101
102

Consolidated financial statements
Group Directors' report
Auditors' report on Consolidated Financial Statements
Consolidated Balance sheet
Consolidated Profit and loss account
Consolidated Statement of comprehensive income
Consolidated Cash flow statement
Consolidated Statement of changes in equity
Notes to the accounts

105
106
107
109
110
111
113
114

Form of proxy
01

Annual Report/2014

Company Information
BOARD OF DIRECTORS

MOHOMED BASHIR
ZAIN BASHIR
MOHAMMED ZAKI BASHIR
ZIAD BASHIR
S.M. NADIM SHAFIQULLAH
DR. AMJAD WAHEED
ADNAN AFRIDI

CHIEF FINANCIAL OFFICER

MOHAMMED SALEEM SATTAR

COMPANY SECRETARY

MOHAMMED SALIM GHAFFAR

AUDIT COMMITTEE

S.M. NADIM SHAFIQULLAH
MOHAMMED BASHIR
ADNAN AFRIDI
MOHAMMED SALIM GHAFFAR

- Chairman & Member
- Member
- Member
- Secretary

HUMAN RESOURCE AND
REMUNERATION COMMITTEE

MOHAMMED BASHIR
ZAIN BASHIR
S.M. NADIM SHAFIQULLAH
MOHAMMED SALIM GHAFFAR

- Chairman & Member
- Member
- Member
- Secretary

BANKERS

ALLIED BANK LIMITED
BANK AL HABIB LIMITED
ASKARI BANK LIMITED
AL BARAKA BANK (PAKISTAN) LIMITED
BARCLAYS BANK PLC PAKISTAN
BANK ALFALAH LIMITED
BANKISLAMI PAKISTAN LIMITED
BURJ BANK LIMITED
THE BANK OF PUNJAB
DUBAI ISLAMIC BANK PAKISTAN LIMITED
FAYSAL BANK LIMITED
HABIB BANK LIMITED
HABIB METROPOLITAN BANK LIMITED
HSBC BANK MIDDLE EAST LIMITED
MCB BANK LIMITED
MEEZAN BANK LIMITED
NATIONAL BANK OF PAKISTAN
NIB BANK LIMITED
SAMBA BANK LIMITED
SILKBANK LIMITED
SONERI BANK LIMITED
STANDARD CHARTERED BANK (PAKISTAN) LIMITED
UNITED BANK LIMITED

AUDITORS

KRESTON HYDER BHIMJI & CO.
Chartered Accountants

INTERNAL AUDITORS

ANJUM ASIM SHAHID RAHMAN
Chartered Accountants

LEGAL ADVISORS

A.K. BROHI & CO
ADVOCATES

REGISTERED OFFICE

PLOT NO.82, MAIN NATIONAL HIGHWAY
LANDHI, KARACHI-75120

SHARE REGISTRAR

FAMCO ASSOCIATES (PRIVATE) LIMITED
8-F, NEXT TO HOTEL FARAN, NURSERY, BLOCK 6,
P.E.C.H.S., SHAHRAH-E-FAISAL, KARACHI.
PHONE NO. (+92-021) 34380101-5
FAX NO. (+92-021) 34380106

MILLS

LANDHI INDUSTRIAL AREA, KARACHI-75120

E-MAIL

finance@gulahmed.com

URL

www.gulahmed.com

Annual Report/2014

- Chairman
- Vice Chairman/Executive Director
- Chief Executive...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Walmart 2014 Annual Report Analysis Essay
  • Essay on UVIMCO Annual Report 2014
  • Essay about FedEx 2014 Annual Report
  • The Annual Report Research Paper
  • Essay about annual report
  • Essay about annual report
  • Annual report Essay
  • Shell 2014 Annual Report Essay

Become a StudyMode Member

Sign Up - It's Free
Fist of Legend | Antique Brass Stair Rods 3/8 Inch Pine Finial (R02P) | Shadow Fight Heroes Premium APK