Matzusry9theditionsolutions 131114003908 Phpapp01 140411230630 Phpapp01
luckycementfinalprojectfr-130329051702-phpapp01
-
Upload
asad-anees -
Category
Documents
-
view
212 -
download
0
Transcript of luckycementfinalprojectfr-130329051702-phpapp01
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
1/47
A PROJECT OF FINANCIAL ANALYSIS
ON
LUCKY CEMENT
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
2/47
[FINANCIAL ANALYSIS]27/12/2012
PRESENTED TO:
PROF, AYESHA ANWAR
PRESENTED BY:
Muhammad Tayyab 111405
Muhammad Irfan 103125
M. Qamar Abbas 103141
Farhan Ahmad 091334
The Institute of Management Sciences (Pak-AIMS) Page 2
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
3/47
[FINANCIAL ANALYSIS]27/12/2012
ACKNOWLEDGEMENT
We would l!e "o #ay our #rases and humbles" "han!s "o AL-MIGHTY
ALLAH$ "he mos" Mer%ful and &enef%a"e of all$ who bes"owed us w"h "he
abl"y "o %om#le"e "hs #ro'e%". I" ()es us mmense #leasure and honor "o e*"end
our "han!s "o our !nd + %oo#era")e . ,rof Ayesha Anwar from Faculty of
Institute of Management Sciences$ -ahore for hs )aluable ad)%es and su((es"ons
"hrou(hou" our semes"er$ n order "o #erform well + u# "o mar!..
Fnally$ we #ay re(ards of (ra""ude "o our #aren"s$ as "hey and "her #rayers for our
su%%ess are always been a #llar of s"ren("h for us n our lfe.
The Institute of Management Sciences (Pak-AIMS) Page 3
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
4/47
[FINANCIAL ANALYSIS]27/12/2012
Table of ContentsINTRODUCTION !
"oun#e$ %isto$& 7
COMP'N( IN"ORM'TION)
*oa$# of re%"ors )
*USIN+SS STR'T+,(12
1. /oldn( and (rown( lo%al domnan%e12
2. In%reasn( our share n In"erna"onal mar!e"12
3. ff%en%y 12
4. us"anable e)elo#men"12
5. / *%ellen%e 12
or#ora"e ,hloso#hy13son "a"emen" 13
Msson "a"emen" 13
-o(o ,hloso#hy13
'-'RDS 1.
ea#e$shi 's Soi# 's Conc$ete1
COMMUNIT( D++OPM+NT41
De5eoment of the Coman& 16
IN+STOR R+'TIONS1)
+PORTS1)
C+M+NT M'NU"'CTURIN, PROC+SS21
8U'IT( 'SSUR'NC+ 23
C+RTI"IC'T+2.
PRODUCTS O" T%+ COMP'N(2.
, 6rdnary ,or"land emen"782.
6ul#ha"e ess"an" emen"782
ln!er82
&lo%! emen"8 2!SUST'IN'*IIT(2!
*ui#ing net9o$:4 31
Pa:istan *usiness Counci ;P*C
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
5/47
[FINANCIAL ANALYSIS]27/12/2012
*ui#ing Net9o$:32
Pa:istan Institute of Co$o$ate ,o5e$nance ;PIC,onta 'na&sis of Statement of "inancia Position.1
Ratio 'na&sis of uc:& Cement emite#.2
urren" a"o8.3
In)en"ory Turno)er8.3ross ,rof" a"o8 .3
#era"n( ,rof" Mar(n8.3
:e" ,rof" a"o8 ..
e"urn on a#"al m#loyed..
e"urn on Asse"s8..
Asse"s Turno)er a"o8..
Qu%! a"o8 .
eb" ra"o8 .
In"eres" %o)er8.!
arnn( #er share8 .!
"andards$ amendmen"s and n"er#re"a"ons ado#"ed durn( "he year .!
Recommen#ations an# "inancia St$ateg&4.7
Concusion4 .7
The Institute of Management Sciences (Pak-AIMS) Page
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
6/47
[FINANCIAL ANALYSIS]27/12/2012
INTRODUCTION
-u%!y %emen" #onsored by well !nown ;
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
7/47
[FINANCIAL ANALYSIS]27/12/2012
Foune! H"sto!#
-a"e Abdul aCCa! Tabba$ "he de%eased harman of "he
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
8/47
[FINANCIAL ANALYSIS]27/12/2012
Mr. Abdul aCCa! Tabba s no more amon( us bu" hs )alues %on"nue$ ()n( ho#e and s"ren("h
"o all "he members asso%a"ed w"h "hese were
some of "he many (oals se" by our la"e harman + hef *e%u")e Mr. A. aCCa! Tabba.
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
9/47
[FINANCIAL ANALYSIS]27/12/2012
J. MKs.
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
10/47
[FINANCIAL ANALYSIS]27/12/2012
C!ie" O&er'ti() O""icer
Mr. Noman Hasan
Director Fi('(ce '(* Co+&'(, Secret'r,
Mr. Muhammad Abid Ganatra
FCA, FCMA, FCIS
St't$tor, A$*itor
M/s. Ernst & Young Ford Rhodes
Sidat Hyder, Chartered Accountants
A member firm of Ernst &
Young Global Limited
I(ter(' A$*itor
M/s. M. Yousuf Adil Saleem & Co.,
C!'rtere* Acco$(t'(t
A member firm of Deloitte Touche
Tohmatsu
Cot A$*itor
The Institute of Management Sciences (Pak-AIMS) Page 10
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
11/47
[FINANCIAL ANALYSIS]27/12/2012
M/s. KPMG Taseer Hadi and Co.,
Chartered Accountants
He'* O""ice:
6-A, Muhammad Ali Housing Society,
A. Aziz Hashim Tabba Street,
Karachi - 75350
UAN # (021) 111-786-555 Website: www.lucky-cement.com
E-mail:[email protected]
Li'io( O""ice
Mul"an
as"a(r Tower$ 1s" Floor$ /assan ,arwana oad$ :ear era Ada$ Mul"an
Tel8 692GJ17 454055JG
Fa*8 692GJ17 454055Dmul"anLlu%!yG%emen".%om
-ahore
2nd Floor$ Al /asan ,laCa$ ama Ashrafa$ Man FeroC#ur oad$ -ahore
A:8 692G427 111GDJG555
Tel8 692G427 35304D0G2 Fa*8 692G427 3530435lahoreLlu%!yG%emen".%om
Islamabad/ouse :o. 2J$ "ree" :o. D$ e%"or FGK3$ Islamabad A:8 692G517 111GDJG555
The Institute of Management Sciences (Pak-AIMS) Page 11
mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
12/47
[FINANCIAL ANALYSIS]27/12/2012
Tel8 692G517 2J10D04G0 Fa*8 692G5172J10D09
dmLlu%!yG%emen".%om
,eshawar
G,ar! A)enue$ n)ers"y Town A:8 692G917 111GDJG555
Tel8 692G917 5D44903G5D4021 Fa*8 692G917 5D509J9 #eshawarLlu%!yG%emen".%om
Que""aF1$ Frs" Floor$ Ins""u"e of n(neers &uldn($ Nar(hoon oad$Tel 8 692GD17 2D35D3 Fa* 8 692GD17 2D292J@ue""aLlu%!yG%emen".%om
Pro*$ctio( "'ctorie:
1) Pezu, District Lakki Marwat, Khyber Pakhtunkhwa
2) 58 Kilometers on Main Super Highway, Gadap Town,
Karachi.
%USINESS STRATE&Y
./ Ho*i() '(* )ro0i() oc' *o+i('(ce
Fur"her renfor%n( our s"ren("h s wha" we !ee# n fo%us when des(nn( our busness s"ra"e(es
for "he lo%al mar!e".
1/ I(cre'i() o$r !'re i( I(ter('tio(' +'r2et
&roadenn( our horCons$ we ha)e en(a(ed our resour%es "o "he un%on)en"onal mar!e"s "o
be%ome a%%essble "o be "he %ons"ru%"on ndus"ry worldwde.
The Institute of Management Sciences (Pak-AIMS) Page 12
mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
13/47
[FINANCIAL ANALYSIS]27/12/2012
3/ E""icie(c,
ff%en%y s refle%"ed n all our busness a##roa%hes$ ()n( us an ed(e o)er "he %om#e""ors n
%os" and ener(y$ by s!llful u"lCa"on of resour%es.
4/ S$t'i('5e De%eo&+e(t
We bele)e n ()n( ba%! "o "he %ommun"es we o#era"e n and "o "he so%e"y a" lar(e. We
endea)or "o s"mula"e en)ronmen"al awareness amon( "he s"a!eholders and ha)e a broad )son
for "he sus"anable world.
6/ HR E#cee(ce
We bele)e n #eo#le de)elo#men". ur /uman esour%e s our asse" and an m#or"an" fa%"or n
our su%%ess. ur n"elle%"ual %a#"al #ro)des a framewor! "ha" ser)es as a (udn( for%e for "he
or(anCa"on as a whole.
Cor&or'te P!ioo&!,
7iio( St'te+e(t
We en)son ben( "he leader of "he %emen" ndus"ry n ,a!s"an$ den"fyn( and %a#"alCn( on
new o##or"un"es n "he (lobal mar!e"$ %on"rbu"n( "owards ndus"ral #ro(ress and sus"anable
fu"ure$ whle ben( res#onsble %or#ora"e %"Cens.
Miio( St'te+e(t
ur msson s "o be a #remum %emen" manufa%"urer by buldn( a #rofessonal or(anCa"on$
ha)n( s"a"eGofG"heGar" "e%hnolo(y$ den"fyn( new #ros#e%"s "o rea%h (lobally and man"an
The Institute of Management Sciences (Pak-AIMS) Page 13
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
14/47
[FINANCIAL ANALYSIS]27/12/2012
ser)%e and @ual"y s"andards "o %a"er "o "he n"erna"onal %ons"ru%"on needs w"h an
en)ronmen"Gfrendly a##roa%h.
Lo)o P!ioo&!,
e%en"ly$ we laun%hed our new den""y mar!n( a s(nf%an" mles"one n our hs"ory. ur new
lo(o re#resen"s "he %ore )alues "ha"
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
15/47
[FINANCIAL ANALYSIS]27/12/2012
O K'r'c!i C!'+5er o" Co++erce '(* I(*$tr,:
Awarded "he *#or" Tro#hy "o -u%!y emen" for h(hes" e*#or"s of %emen" from ,a!s"an.
O K!,5er P'2!t$(2!0' C!'+5er o" Co++erce '(* I(*$tr,:
Awarded "he follown( ds"n%"ons8
To# ales Ta* ,ayer
To# In%ome Ta* ,ayer
To# *#or"er
To# Im#or"er
*#or"s Tro#hy 2009 > 2010
Leae!s'"( As Sol" As Con)!ete
I was "he frs" one "o rea%h "he "o#. :one$ bu" my shadow was my %om#e""on. I reled on "he
s"ren("h of my body and soulP my (udn( s"ars were fa"h$ hones"y and e*%ellen%e. I fred abo)e
"he mar! "ha" I n"ended "o h". ner(y and n)n%ble de"ermna"on w"h "he r(h" mo")es are "he
le)ers "hrou(h wh%h I mo)ed "he world. efle%"n( on my su%%ess$ " s e)den" "ha" I am "he
un#aralleled mar!e" leader. Throu(h my s"ra"e(es$ I an"%#a"e "he needs of "he ndus"ry. I ha)e
mana(ed "o s"ay on "o# w"h %u""n( ed(e solu"ons$ buldn( your dreams and ma!n( "hem a
real"y. n my 'ourney$ I ha)e lef" "ra%es for wnners "o be%ome %ham#ons. As I embar! on a
new %ha#"er "o hel# sha#e "he fu"ure of our na"on$ you %an res" assured "ha" I wll del)er you
w"h leadersh# as sold as %on%re"e.
The Institute of Management Sciences (Pak-AIMS) Page 1
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
16/47
[FINANCIAL ANALYSIS]27/12/2012
I am -u%!y emen"
CO$$UNITY DE*ELOP$ENT+
W'ter $&&, Sc!e+e 't D'rr' Pe8$:
-u%!y emen" es"ablshed wa"er su##ly s%heme and ds"rbu"on lnes "o #ro)de %lean
drn!n( wa"er "o "he resden"s of arra ,eCu. The 9 Bm wa"er su##ly lne #ro)des %lean
drn!n( wa"er fa%l"y "o "he resden"s of "he rural lo%al"es s"ua"ed n "he ou"s!r"s of arra
,eCu "own. The ds"rbu"on lne s"ar"s from -u%!y emen"Es ,eCu ,lan" and #ro)des wa"er "o
ou"s!r"s of ,eCu by %onne%"n( w"h "wo wells made by --. From "hese wells$ wa"er s "hen
#assed "o "he old ds"rbu"on lnes and hen%e s#reads all o)er arra ,eCu. Ths wa"er su##ly lne
#ro)des drn!n( wa"er "o almos" 0R of "he #o#ula"on of ,eCu$ wh%h s e@ual "o 5$000
households. u"sde ,eCu$ almos" 2$000 households (e" wa"er from "hese lnes
Utr'o$(* "'ciit, 't Mot!er '(* C!i* He't! C're Ce(tre
o -u%!y emen"$ n #ar"nersh# w"h on%ern for hldren Trus" 6F7$ s se""n(
u# an l"rasound fa%l"y a" Mo"her and hldren /eal"h are en"re 6M/7 n
Ma%har olony$ a slum area n Bara%h. The Ma%har olony has a #o#ula"on of
a##ro*ma"ely 50$000 #eo#le de#r)ed of bas% ne%ess"es of lfe n%ludn(
@ual"y heal"h %are for women. &y es"ablshn( "hs fa%l"y$ -u%!y emen" and
F amEs a" %rea"n( awareness abou" #rena"al and #os" na"al %are of mo"her and
The Institute of Management Sciences (Pak-AIMS) Page 1!
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
17/47
[FINANCIAL ANALYSIS]27/12/2012
%hld$ safe %hld br"h and #re)en"on and %ure of any dsabl"es n %hldren a" an
early s"a(e.
Mo*e 7i')e i( DI K!'(
o Af"er #ro)dn( relef "o "he affe%"ees of "he mass)e des"ru%"ons %aused by floods
and hea)y rans las" year$ -u%!y emen" fo%used all "he effor"s "owards
rehabl"a"on of "he I,s. -u%!y emen" (enerously dona"ed J00 %emen" ba(s for
"he %ons"ru%"on of a model )lla(e n era Ismal Bhan.
Sc!o'r!i& Pro)r'+ "or t!e t$*e(t o" Pe8$
o -u%!y emen"Es mana(emen" n ,eCu has n"a"ed a mer" %um need based
s%holarsh# s%heme for "he lo%al s"uden"s of radua"e and ,os" radua"e le)els$
re(s"ered w"h / re%o(nCed ns""u"ons "o enable "hem "o a%@ure h(her
edu%a"on.
Wor*-C' Pri+'r, Sc!oo i( D'rr' Pe8$
o -- s all se" "o %ons"ru%" a worldG%lass #rmary s%hool$ near "s fa%"ory n ,eCu$
s"r%" -a!! Marwa"$ n #ar"nersh# w"h a renowned :$ %har"ered by "he
o)ernmen" of ,a!s"an and endorsed by "he World &an!. Ths s%hool wll be
affla"ed w"h ,a!s"anEs well !nown s%hool sys"em and wll #ro)de a%%ess "o
@ual"y edu%a"on "o "he resden"s of "he area. In frs" #hase$ "he %om#any wll
The Institute of Management Sciences (Pak-AIMS) Page 17
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
18/47
[FINANCIAL ANALYSIS]27/12/2012
es"ablsh a #rmary s%hool$ wh%h wll la"er be e*#anded "o se%ondary edu%a"on
as well. Ths s%hool wll be s"ra"e(%ally %ons"ru%"ed n an area where "here are no
su%h fa%l"es %urren"ly a)alable.
L$c2, Cit, Sc!oo 9 Pe8$
o -- also runs a wellGman"aned #rmary s%hool$ u# "o %lass f)e$ for "he %hldren
of "he fa%"ory wor!ers n ,eCu. The s%hool s re(s"ered w"h &enu du%a"on
&oard and #ro)des @ual"y and free of %os" edu%a"on "o "he %hldren of
em#loyees.
DI K!'( Air&ort Re(o%'tio(
o The %om#any also "oo! res#onsbl"y of "he reno)a"on of I Bhan Ar#or" as a
welfare (es"ure for "he lo%als of "he area and "o boos" o)erall %ommer%e and
e%onomy. #(radn( of "he ar#or" e*"eror and n"eror has been %om#le"ed$ alon(
w"h #ro)son of furn"ure for bo"h arr)als and de#ar"ure loun(es.
Deelo(-ent of t'e Co-(an#
The Institute of Management Sciences (Pak-AIMS) Page 16
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
19/47
[FINANCIAL ANALYSIS]27/12/2012
.3 -s"ed on Bara%h$ -ahore and Islamabad "o%! *%han(es
.; n"ered n"o %ommer%al busness w"h #rodu%"on %a#a%"y of 1.2
mllon "ons #er annum 6-nes A and & a" ,eCu ,lan"7. ,rodu%"on %a#a%"y n%reased "o 1.5 mllon "ons #er annum
1
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
20/47
[FINANCIAL ANALYSIS]27/12/2012
-u%!y emen" realCes "he m#or"an%e of n"era%"on w"h "he e*s"n( shareholders and #o"en"al
n)es"ors of "he om#any and n "hs res#e%" #ar"%#a"es n )arous n)es"or %onferen%es held
from "me "o "me domes"%ally or abroad.
For "he las" %ou#le of years$ -- has been #ar"%#a"n( n na"onal and n"erna"onal onferen%es
"o mee" and n"era%" w"h e*s"n( and #o"en"al n)es"ors for a""ra%"n( fore(n n)es"men" n"o
"he oun"ry.
These %onferen%es are a""ended by re#resen"a")es of &an!s$ Asse" Mana(emen" %om#anes$
Insuran%e %om#anes and )arous o"her %or#ora"e nd)duals.
-u%!y emen" > :T:8 0009D0GD
-u%!y emen" G e(s"ra"on :umber8 00311D2
For any n)es"or rela"ed @ueres and K or (re)an%es$ %on"a%" our or#ora"e Affars e#ar"men" or
)s" ,?s In)es"or om#lan" e%"on.
E.PORTS
,a!s"an?s frs" %om#any "o e*#or" sCable @uan""y of loose %emen" and " s "he only
%emen" manufa%"urer "o ha)e a loadn( and s"ora(e "ermnal a" Bara%h ,or". Ths s"a"eGofG"heGar"
#ro'e%" s based on "he la"es" uro#ean "e%hnolo(y and "he frs" n ou"h as" Asa and
Mddle as"ern re(on. Ths "ermnal s e@u##ed w"h lo(s"%al arran(emen"s "o %arry loose
%emen"$ wh%h s "ransferred "o "he #or" from our Bara%h ,lan" )a a flee" of es#e%ally des(ned
%emen" bul!ers$ "hey are %a#able of offGloadn( loose %emen" n"o %arrer sh#s dre%"ly "hrou(h a
The Institute of Management Sciences (Pak-AIMS) Page 20
mailto:[email protected]://www.secp.gov.pk/complaintform1.aspmailto:[email protected]://www.secp.gov.pk/complaintform1.asp
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
21/47
[FINANCIAL ANALYSIS]27/12/2012
un@ue %om#ressor sys"em ns"alled on ea%h )eh%le. a%h bul!er %an %arry u# "o 5 "ons of
%emen".
ur nfras"ru%"ure a" Bara%h #or" s s#e%ally des(ned "o "ransfer loose %emen" "o "he )essels n
"he shor"es" amoun" of "me$ ma!n( " eff%en" and relable for redu%n( "he )essels dle "me $ n
"urn ma!n( "he sh#men"s "mely as #er "he %us"omer re@uremen"s. We ha)e ns"alled %emen"
s"ora(e slos a" "he #or" wh%h are %a#able of s"orn( 24$000 "ons of %emen". -- has se" u#
au"oma"% sh# loaders a" "he s"e "o ma!e a fully au"oma"% loadn( from "he slos when "he
)essels arr)e. Ths sys"em wor!s a" fas" ds%har(e ra"es and enables @u%! loadn( "me$ ensurn(
%emen" a)alabl"y a" "he #or" any"meP "hus #layn( a ma'or role n n%reasn( our e*#or"
%a#a%"y. The loadn( %a#a%"y of "hs "ermnal s 12$000 "ons of loose %emen" #er day$ wh%h
de#ends u#on "he sCe and %ons"ru%"on of )essel6s7. In order "o s"ore lar(e amoun" of %emen"$
four slos ha)e been ns"alled$ ea%h slo has a %a#a%"y "o s"ore around J000 me"r% "ons %emen"$
and under(round sys"em has been des(ned "o unload bul!ers$ s"ore %emen" n"o slos and "ransfer
re@ured @uan""y of loose %emen" n"o )essels.
The whole sys"em s des(ned on "he bass of ,- 6,ro(rammable lo(% %on"rol7 sys"em. All
#ro%esses (o "hrou(h a f*ed re#e"")e se@uen%e of o#era"ons "ha" n)ol)es lo(%al s"e#s and
de%sons. ,-s are used "o %on"rol "me and re(ula"e "he sys"em$ "he e*"ra%"on of %emen" from
bul!ers and reloadn( n "o )essels s #ro%essed "hou(h )a%uum #um#s and %om#ressors$ wh%h
o#era"e "hrou(h #owerful (enera"ors. The %emen" "ransfer )olumes a""aned "hrou(h "hs sys"em
s a##ro*ma"ely 500 me"r% "ons #er hour. A s"ron( wor! for%e of s!lled nd)duals$ n%ludn(
en(neers$ "e%hn%ans and labor are em#loyed a" "he %om#any?s "ermnal on #or".
The Institute of Management Sciences (Pak-AIMS) Page 21
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
22/47
[FINANCIAL ANALYSIS]27/12/2012
W"h "hs s#e%alCed wor! for%e$ -u%!y emen" s %a#able of loadn( around 2000 "ons of
ba((ed %emen" #er day$ and 3000 "ons %emen" #er day n sln( ba(s. Ths re%ord ra"e of loadn(
s a%he)ed "hrou(h our wellG"raned s"e)edores who man"an load ra"e and u"lCe "her
%a#abl"es "o "he ma*mum. To da"e$ more "han 50 mllon "ons of loose %emen" has been
e*#or"ed "hrou(h "he #lan" ns"alled a" Bara%h #or".
CE$ENT $ANUFACTURIN& PROCESS
emen" s a fne$ sof"$ #owdered subs"an%e$ made from a m*"ure of elemen"s "ha" are found n
na"ural ma"erals su%h as lmes"one$ %lay$ ron ore and sand. When %emen" s m*ed w"h wa"er$ "
%an bnd sand and "urns n"o a hard$ sold mass %alled %on%re"e.
R'0 M'teri' Pre&'r'tio(
The !ey elemen" > -mes"one and %lay are mned "hrou(h blas"n( from ro%! @uarres by se""n(
off e*#los)es. -mes"one and %lay %on"ans %al%um$ sl%on$ alumnum and ron$ wh%h are "he
essen"al elemen"s for %emen" manufa%"urn(. -a"es" "e%hnolo(y s used for blas"n( so as "o
ensurn( )bra"on$ dus"$ and nose emssons are !e#" a" a mnmum le)el. &las"n( #rodu%es
ma"erals n a wde ran(e of sCes from a##ro*ma"ely 1.5 me"ers n dame"er "o smaller #ar"%les
less "han a few mllme"ers n dame"er. Quarred ma"eral s "he loaded n"o "ru%!s or bel"s for
"rans#or"a"on "o "he %rushn( #lan". Throu(h a seres of %rushers and s%reens$ "he -mes"one s
redu%ed "o a sCe less "han 100 mm and s s"ored un"l re@ured.
Pre - Ho+o)e(i8'tio(
The Institute of Management Sciences (Pak-AIMS) Page 22
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
23/47
[FINANCIAL ANALYSIS]27/12/2012
In "he dry #ro%ess$ ea%h raw ma"eral s #ro#or"oned "o mee" a desred %hem%al %om#os"on and
fed "o a )er"%al s"eel mll. The raw ma"erals are dred w"h was"e #ro%ess (ases and (rnded
"hrou(h "he #ressure e*er"ed by "hree %on%al rollers n a ro"ary !ln. The ro"ary !ln s fred w"h
an n"ense flame #rodu%ed by burnn( %oal$ %o!e$ ol$ (as or was"e fuels. The dry ma"erals
e*"n( "he mll are %alled S!ln feedS. The !ln feed s #neuma"%ally blended "o ensure "he
%hem%al %om#os"on s well homo(enCed and s "hen s"ored n se#ara"e slos un"l re@ured.
&as% %hem%al rea%"ons "ha" "a!e #la%e n "he !ln$ a" 1400 are8 )a#ora"on of mos"ure$
%al%na"ons of "he -mes"one "o #rodu%e free %al%um o*de and rea%"on of "he %al%um o*de
w"h o"her ma"erals 6sand$ shale$ %lay$ and ron7. Ths resul"s n a fnal$ nodular$ redGho" #rodu%"
!nown as Sln!erS wh%h s 3 > 4 %en"me"ers n dame"er and %an be s"ored for se)eral mon"hs.
Fi(i!i()? P'c2')i() '(* Ditri5$tio(
The %ln!er s %ooled and (rnded n"o a fne (rey #owder. The (rndn( s done "hrou(h
dfferen"GsCe s"eel balls. A small amoun" of (y#sum and o"her #ro%ess are also added durn( "he
fnal (rndn(. The amoun" of (y#sum and #ro%ess added durn( "he #ro%ess )ares n all of "he
fnal %emen" #rodu%"s. a%h %emen" #rodu%" s s"ored n an nd)dual slo from where " s
"rans#or"ed "o #a%!a(n( fa%l"y for e"her sa%! > #a%!a(n( or bul! "rans#or"a"on. &ul! %emen"
s ds"rbu"ed "hrou(h bul!ers or s sh##edP de#endn( on "he %us"omerEs needs.
/UALITY ASSURANCE
-u%!y emen" (rea"ly em#hasCes n manufa%"urn( h(h @ual"y %emen" "hrou(h s"rn(en"
@ual"y %on"rol "e%hn@ues and %om#u"erCed %on"rol sys"ems. sn( so#hs"%a"ed e@u#men" l!e
The Institute of Management Sciences (Pak-AIMS) Page 23
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
24/47
[FINANCIAL ANALYSIS]27/12/2012
s"rbu"ed on"rol ys"em 67$ ,ro(rammable -o(% on"rollers 6,-s7 and on lne UGay
AnalyCers. We ha)e one of "he bes" e@u##ed labora"ores$ w"h fa%l"es for analyss of raw
ma"eral$ sem furnshed #rodu%"$ furnshed #rodu%" and fuel$ "o ensure "he su##ly of h(h @ual"y
#rodu%" "o mar!e".
Qual"y of "he %emen" has been "es"ed and #ro)en u# "o "he s#e%f%a"ons men"oned n ,a!s"an$
&r"sh$ Indan$ Benyan$ :(eran$ ou"h Afr%an and r -an!an "andards.
-u%!y emen" has been a%%red"ed by follown( n"erna"onal bureaus of "andards8
1. &ureau of Indan "andards
2. r -an!an "andard Ins""u"e
3. "andards r(anCa"on of :(era
4. Benya &ureau of "andards
5. ou"h Afr%an &ureau of "andards.
-u%!y emen" s also an I 90018200D and I1400182004 %er"fed %om#any
The Institute of Management Sciences (Pak-AIMS) Page 2.
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
25/47
[FINANCIAL ANALYSIS]27/12/2012
CERTIFICATE
PRODUCTS OF THE CO$PANY
OPC @Or*i('r, Port'(* Ce+e(t:
We offer rdnary ,or"land emen" 6,7 "ha" s used n all (eneral %ons"ru%"ons$ es#e%ally n
ma'or and #res"(ous #ro'e%"s where %emen" s needed "o mee" s"rn(en" @ual"y re@uremen"s. I"
%an also be used n %on%re"e mor"ars and (rou"s$ e"%. rdnary ,or"land emen" s
%om#a"bleK%onsumable w"h adm*"ureK re"arders$ e"%.
The Institute of Management Sciences (Pak-AIMS) Page 2
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
26/47
[FINANCIAL ANALYSIS] 27/12/2012
, has easy wor!abl"y and lower hea"
of hydra"on. We man"an our "e%hn%al
s"andard of @ual"y #arame"er a" h(h le)el
and w"h h(h s"ren("h a" all a(es. ur
, %emen" sa"sfes : 19J K 19 > 1$
A&$ &I$ -I + , > 232 19D3 67.
SRC @S$&!'te Reit'(t Ce+e(t:
&y man"ann( 3A le)el w"hn "he s#e%fed lm" of 3.5R$ our ul#ha"e ess"an" emen" s
more ress"an" "o ul#ha"e a""a%!s and s su"able for use n founda"ons near seashore and %anal
lnn(s.
has lower hea" of hydra"on and "s s"ren("h sa"sfes &. 402 K 19D0 + , J12 K 19D9.
Ci(2er:
We also offer %ln!er "o "he %us"omers w"h "her own (rndn( un"s. ln!er %an be easly
handled by ordnary mneral handln( e@u#men" and %an be s"ored for se)eral mon"hs w"hou"
%om#romsn( on "he @ual"y. ln!er s "he #rmary #rodu%" n "he %emen" manufa%"urn(
#ro%ess where lmes"one$ %lay and sand are (rnded and hea"ed$ before "he (y#sum s added "o
#rodu%e "he fnal #rodu%" of %emen".
Boc2 Ce+e(t:
&y "he na"ure of #rodu%"$ &lo%! emen" s smlar "o "he $ w"h a s(nf%an"ly dar!er %olor
and some low se""n( "me "o mee" "he re@uremen"s of "he mar!e" and for "he #rodu%"on of
blo%!s. &lo%! emen" also man"ans 3A le)el w"hn "he s#e%fed lm" of 3.5R.
BRANDS AVAILABLE AT LUCKY CEMENT
The Institute of Management Sciences (Pak-AIMS) Page 2!
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
27/47
[FINANCIAL ANALYSIS]27/12/2012
uck! CEME"T (RE#$AR) uck! STAR
uck! #% uck! S$'ATE RESISTA"T CEME"T (SRC)
SUSTAINA%ILITY
&usness leaders a%ross "he (lobe$ a##re%a"e "he fa%" "ha" busness s no" 'us" abou"
ma!n( @ual"y #rodu%"s or sa"sfyn( your %len"s. &eyond "he re@uremen" of le(al
se""n(s$ busnesses are now re@ured "o mana(e "he wder so%al
and en)ronmen"al %onse@uen%es of "her a%"ons.
The Institute of Management Sciences (Pak-AIMS) Page 27
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
28/47
[FINANCIAL ANALYSIS]27/12/2012
-u%!y emen" s a%")ely %on"rbu"n( "owards "he welfare of "he so%e"y and #lays "s #ar" n
areas of edu%a"on$ en)ronmen"al awareness$ and heal"h and %ommun"y de)elo#men".
&ele)n( n far and "rans#aren" #ra%"%es$ we ha)e re#or"ed se#ara"ely on our sus"anabl"y
n"a")es for "he fnan%al year 2011. ur us"anabl"y e#or" 2011 has been assessed w"h a
-e)el he%! VA? by "he lobal e#or"n( In"a")e 6I7. Ths ma!es us "he only %om#any n
,a!s"an "o re%e)e -e)el he%! A n "he year 2010 > 2011
The Institute of Management Sciences (Pak-AIMS) Page 26
http://www.lucky-cement.com/images/documents/Sustainability-Report-2011/LCL%20Sustainability%20Report%202011.htmlhttp://www.lucky-cement.com/images/documents/Sustainability-Report-2011/LCL%20Sustainability%20Report%202011.html
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
29/47
[FINANCIAL ANALYSIS]27/12/2012
The Institute of Management Sciences (Pak-AIMS) Page 2)
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
30/47
[FINANCIAL ANALYSIS]27/12/2012
uc:& Cement ? 20@
*est9a& Cement ? 11@
D, Ahan Cement ? 1@
Mae eaf Cement ? 10@
Aohat Cement ? @
afa$ge Cement ? !@
Pionee$ Cement ? .@
'ttoc: Cement ? !@
Othe$s? 23@
The Institute of Management Sciences (Pak-AIMS) Page 30
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
31/47
[FINANCIAL ANALYSIS]27/12/2012
The Institute of Management Sciences (Pak-AIMS) Page 31
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
32/47
[FINANCIAL ANALYSIS]27/12/2012
%u"l"n0 net1o!2+
-u%!y emen" man"ans a s"ron( ne"wor! of asso%a"on w"h "s %or#ora"e s"a!eholders. ur
asso%a"on w"h #romnen" #ubl% and %or#ora"e #la"forms enable
us n s"ren("henn( our bond w"h lo%al as well as n"erna"onal busnesses.
Pa2"stan %us"ness Coun)"l 3P%C4
,& re#resen"s b( busnesses$ en"er#rses w"h subs"an"al n)es"men"s n
manufa%"urn( and n "he fnan%al se%"or. ,&?s am s "o #romo"e and
fa%l"a"e "he n"e(ra"on of ,a!s"an busnesses n"o world e%onomy and "o en%oura(e "he
de)elo#men" and (row"h of ,a!s"an %om#anes.
CSR Asso)"at"on of Pa2"stan
The Asso%a"on of ,a!s"an #romo"es #rn%#les and
#ra%"%es "o busnesses n ,a!s"an be%ause " ma!es %om#anes
more nno)a")e$ #rodu%")e$ and %om#e"")e.
$a!2et"n0 Asso)"at"on of Pa2"stan 3$AP4
MA, s an nde#enden" asso%a"on "ha" #romo"es "he s"udy of all bran%hes of !nowled(e
rele)an" "o "he #rofesson of mar!e"n(. I" #ro)des fa%l"es for "he s"udy of n@ury and resear%h
n"o mar!e"n( #roblems. The Asso%a"on en'oys #a"rona(e from "he o)ernmen" of ,a!s"an
and s re#resen"ed on "he Ad)sory oun%l of "he Mns"ry of ommer%e.
US Atlant") Coun)"l
The A"lan"% oun%l has been a #reemnen"$ non#ar"san ns""u"on de)o"ed "o #romo"n(
The Institute of Management Sciences (Pak-AIMS) Page 32
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
33/47
[FINANCIAL ANALYSIS]27/12/2012
"ransa"lan"% %oGo#era"on and n"erna"onal se%ur"y. The %oun%l #ro)des an essen"al forum
for na)(a"n( drama"% shf"s n e%onom% and #ol"%al nfluen%e.
%u"l"n0 Net1o!2
-u%!y emen" man"ans a s"ron( ne"wor! of asso%a"on w"h "s %or#ora"e s"a!eholders. ur
asso%a"on w"h #romnen" #ubl% and %or#ora"e #la"forms enable us n s"ren("henn( our bond
w"h lo%al as well as n"erna"onal busnesses.
Pa2"stan Inst"tute of Co!(o!ate &oe!nan)e 3PIC&4The ,I under"a!es a%")"es (eared "owards a%he)n( (ood %or#ora"e
(o)ernan%e n "he %oun"ry and %rea"n( an enabln( en)ronmen" for
effe%")e m#lemen"a"on of "he ode of or#ora"e o)ernan%e. ,I s
fo%used on en%oura(n( #rofessonal n"era%"on be"ween members and "o
enhan%e %om#e"")eness of "he domes"% %or#ora"ons.
SAFETY AND SECURITY
For us$ safe"y and se%ur"y means no" 'us" #ro"e%"n( our em#loyees from any haCards$ bu" also
"a!n( all "he re@us"e measures "o #re)en" any harm. We ensure "ha" all our s"a!eholders are
#ro"e%"ed from any #o"en"al haCards. Today$ when nforma"on rela"ed "o heal"h ssues s wdely
a)alable and 'us" a %l%! away$ "here s s"ll a s(nf%an" la%! of !nowled(e re(ardn( "he "y#%al
s(ns and rs! fa%"ors asso%a"ed w"h serous med%al %ond"ons. We effe%")ely %on"rol any rs!s
"o n'ury or heal"h "ha" %ould arse a" "he wor!#la%e and edu%a"e our em#loyees on how "o deal
w"h rs!s and "ran "hem w"h )arous frs"Gad "e%hn@ues.
The Institute of Management Sciences (Pak-AIMS) Page 33
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
34/47
[FINANCIAL ANALYSIS]27/12/2012
F"!e F"0't"n0
We bele)e "ha" "he am#le !nowled(e n frs" ad and fre f(h"n( su##or" should be an essen"al
as#e%" for an off%e en)ronmen" as "hese "rann(s are m#or"an" for bo"h "he su##or" #ro)der
and "he )%"m and mnmCes "he #o"en"als of any un#leasan" e)en".
%as") L"fe Su((o!t 5 Ca!"o(ul-ona!# Resus)"tat"on3CPR4
&as% lfe su##or" %onss"s of a number of med%al #ro%edures #ro)ded "o #a"en"s w"h lfe
"hrea"enn( %ond"ons "ha" may %ause #an or dysfun%"on. We or(anCed a sesson on &as% -fe
u##or" "rann( for our em#loyees$ wh%h was fru"ful n enabln( "hem "o den"fy se)eral lfeG
"hrea"enn( emer(en%es$ #erformn( , and ease %ho!n( n a safe$ "mely and effe%")e
manner. All "he #ar"%#an"s a%")ely #erformed "he #ra%"%al and were ()en %er"f%a"es for "her
#ar"%#a"on.
The Institute of Management Sciences (Pak-AIMS) Page 3.
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
35/47
[FINANCIAL ANALYSIS]27/12/2012
Lu)2# Ce-ent L"-"te6
Consol"ate P!o7t an Loss A))ount
Fo! t'e #ea! ene 8une 9:,;:
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
36/47
[FINANCIAL ANALYSIS]27/12/2012
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
37/47
[FINANCIAL ANALYSIS]27/12/2012
As you %an see n "he s"a"emen" of #rof" and loss$ lu%!y %emen"?s (ross #rof" s sCable$ a" 33
#er%en". The ds"rbu"on %os"$ "hou(h$ are ea"n( u# a hu(e %hun! of "he re)enuesP "ha" %ould be
an area n wh%h "o %u" ba%!. eneral o#era"n( e*#enses "a!e u# a reasonable #er%en"a(e of
sales$ lea)n( lu%!y %emen" w"h abou" a 1 #er%en" bo""omGlne #rof".
Ho!"=ontal Anal#s"s of SOFP
When we do a horCon"al analyss of "he or(anCa"on we %ome "o fnd "ha" "he sales of
or(anCa"on ha)e n%reased by 3= bu" sur#rsn(ly "s %os" of ser)%es n%reased by 14
wh%h %learly nd%a"es "ha" "he mana(emen" of "he or(anCa"on s n a )ery (ood sha#e and "he
%orres#ondn( %os" of sales "o w"h be""er mana(emen". As a resul" e)en "he n%rease n sales has
resul"ed "ha" %om#any (row well and #erforman%e s so (ood as %om#ared "o "he #re)ous year "
s s"ll (rown( and m#ro)e "he sale )olume on "he or(anCa"on n "he %omn( year.
Gro &ro"it of "he or(anCa"on s *ecre'e* by 6 wh%h nd%a"es %learly "ha" %om#any
(on( "o m#ro)e and %os" of (ood s no" effe%" on "he #rof" of "he %om#any.
E#c!'()e &ro"it of "he or(anCa"on n "he year 2012 has n%reased by .43 sl(h"ly %han(e n
"he %os" of "he %urren" year.
ue "o all abo)e resul"s and (ood busness #erforman%e "he o)erall &ro"it of "he or(anCa"on has
i(cre'e* by ..; wh%h s ma!e s"ron(er of "he or(anCa"on and n "he fu"ure " may n%rease
"he #lan" and busness.
The Institute of Management Sciences (Pak-AIMS) Page 37
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
38/47
[FINANCIAL ANALYSIS]27/12/2012
Lu)2# Ce-ent L"-"te6Consol"ate State-ent of F"nan)"al Pos"t"on
As on 8une 9:, ;: B6>
Intangie 1B1. 1B!6 2B)77 :6::> :6@>9
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
39/47
[FINANCIAL ANALYSIS]27/12/2012
T$a#e #ets1B00B!3
) !20B)!1 77)B30 ;6B>
oans an# a#5ances 1.6B16) 72B1!. 6!B.71 :69@>
Saes Ta =$efun#ae 0 0 117B)3) :6::> :6::>
Cash an# an: aances 6..B.22 31B202 333B!2) ;6:>;96B,?,@
?B,???,?
@@@,
Total Assets?:,@9
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
40/47
[FINANCIAL ANALYSIS]27/12/2012
>9,@;?,9
;?
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
41/47
[FINANCIAL ANALYSIS]27/12/2012
Ho!"=ontal Anal#s"s of State-ent of F"nan)"alPos"t"on
/orCon"al analyss of "he F, shows "ha" a" Asse" sde ash and ban! balan%es has been
n%rease s(nf%an"ly and " has n%rease by 153R amoun"n( abou" s. D.4 &llon$ shor" "erm
n)es"men"s ha)e also been n%rease by 139R wh%h means "ha" "he or(naCa"on has sold "s
n)es"men"s "o (enera"e %ash.
-abl"y sde of "he F, has also be%ame )ery s"ron( and )ery hu(e %han(e as %om#ared "o
"he #re)ous year$ balan%e of "he reser)es has been n%reased by 30R wh%h s due "o "he n%rease
n "he #rof"s of "he or(anCa"on durn( "he #as" years. -on( "erm fnan%n( of "he or(anCa"on
has been de%rease by R amoun"n( a )ery hea)y amoun" of s. 12.5 bllon$ as "he o)erall
lon( "erm fnan%n( s de%rease$ hen%e " wll also de%rease "he o)erall fnan%e %os" n "he fu"ure
and " wll also de%rease "he %urren" labl"y of ne"eres" e*#enses.
urren" -abl"es of "he or(anCa"on ha)e also been de%rease by J2R wh%h "he horCan"al
m#ro)emen" of "he or(anCa"on.
The share %a#"al and reser)es of "he %om#any are n%reasn( e)ery year$ wh%h shows "he s"ron(
fnan%al #os"on of "he or(anCa"on. There s a n%rease n non%urren" labl"es of "he
or(anCa"ons as 4R n "ha" year bu" a well de%rease n %urren" labl"es J2R. There s a 'um# n
%om#any?s non%urren" asse"s and %urren" asse"s.
The Institute of Management Sciences (Pak-AIMS) Page .1
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
42/47
[FINANCIAL ANALYSIS]27/12/2012
Rat"o Anal#s"s of Lu)2#
Ce-ent Le-"te62012 2011 2010
urren" a"o 2.! 066 071
Qu%! a"o 11 02) 030
ross ,rof" a"o 33@ 27@ 27@
#era"n( ,rof" Mar(n 21@ 1.@ 12@
:e" ,rof" a"o 173.@ 120@ 1060@
e"urn on a#"al m#loyed 227@ 1123@ )6.@
e"urn on Asse"s 20.)@ 10.6@ 6)2@
Asse" Turno)er 0)7 077 07!
arnn( #er share 200) 1226 )7
a#"al earn( a"o 30!@ 21)@ 301@
eb" a"o 16@ 33@ 3.@
In"eres" o)er 3267@ 63.@ !00@
The Institute of Management Sciences (Pak-AIMS) Page .2
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
43/47
[FINANCIAL ANALYSIS]27/12/2012
C$rre(t R'tio:
The #ur#ose of usn( l@ud"y ra"o s "o de"ermne "he abl"y of "he %om#any for #ayn( off "s shor" "erm
deb"s. The h(her )alue of l@ud"y ra"os refle%"s "ha" "he %om#any s well se%ured n #erformn( "s
obl(a"ons of shor" "erm deb"s. The %al%ula"on of %urren" ra"o shows "ha" lu%!y %emen" s well se%ured n
"hs re(on. I"s %urren" ra"o s 2.J4 more "han #re)ous year .DD
I(%e(tor, T$r(o%er:
If we %om#are "he n)en"ory "urno)er " s 3.D4 n year 2011 and 5.D4 "hs year. Ths shows "ha" %om#any
has lower "s effor"s "o %on)er" "s n)en"ory n"o sales due "o se)eral reasons l!e #ower shor"a(e.
Gro Pro"it R'tio:
,rof"abl"y ra"os are "he measure of assessn( busness #erforman%e of (enera"n( #rof"s w"h
res#e%" "o "s e*#enses and o"her rele)an" e*#enses n a s#e%f% #erod of "me say one year. The
h(her )alue as %om#are "o "he %om#e""ors or ndus"ry a)era(e or rela")e "o #re)ous #erod
show "he busness s (on( well. In "he #resen" %ase$ om#any -u%!y %emen" (enera"ed 2.00
ross ,rof" as %om#are "o year n 2011 wh%h ross ,rof" was 33.00 wh%h shows "ha" 2012
has be""er mana(ed "s wh%h resul"ed n n%rease of "he ross ,rof".
O&er'ti() Pro"it M'r)i(:
om#any has (enera"ed 14R #era"n( ,rof" n 2011 and as %om#are "o #re)ous year n 2012
#era"n( ,rof" s 21R. om#any de%rease "her fnan%e %os" and sl(h"ly %han(e n "ha" s
and sales re)enue s so h(h as %om#ared "o "he #re)ous year and #erforman%e s so n%rease n
"ha" year.
The Institute of Management Sciences (Pak-AIMS) Page .3
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
44/47
[FINANCIAL ANALYSIS]27/12/2012
Net Pro"it R'tio:
om#any has (enera"ed 12.50R :e" ,rof" n 2011 and as %om#are "o #re)ous year n 2012 :e"
,rof" s 1.40R. Ths m#ro)emen" s so h(h n "he ne" #rof" "ha" %om#any m#ro)ed hs
#erforman%e beyond "he #re)ous years. om#any de%rease hs fnan%e %os" also n%reases hs
n%ome "ha" s effe%")e on "he n%rease "he :e" #rof" ra"o.
Ret$r( o( C'&it' E+&o,e*
-u%!y %emen" s )ery s"ron( n "hs area and #ro)ed "ha" "he mana(emen" s well em#loyn( "
a#"al m#loyed 6%a#"al n)es"men"7 (enera"n( almos" 22.5R n "hs year and "he #re)ous
year was 11.23R "ha" show "he s"ron( area of "he %om#any mana(emen" and more re"urn
"han "he "o%! or hares and -on(G"erm -abl"es.
Ret$r( o( Aet:
-u%!y emen" s n%rease n re"urn on asse"s n "hs year "ha" would be 20R n 2012 and n 2011
"ha" was 10R om#any fnan%al #os"on s s"ron( as %om#are "o "he #re)ous year.
Aet T$r(o%er R'tio:
Asse"s Turno)er show "ha" how mu%h %om#any has (enera"ed by em#loyn( on un" of %urren%y.
-u%!y %emen" s (enera"n( abou" 0.9J re)enues a(ans" e.1.0 asse"s. Ths re)eals "ha" al"hou(h
"he re"urn s )ery (ood n 2011 howe)er #erformn( so well n 2012.
The Institute of Management Sciences (Pak-AIMS) Page ..
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
45/47
[FINANCIAL ANALYSIS]27/12/2012
$ic2 R'tio:
The #ur#ose of usn( l@ud"y ra"o s "o de"ermne "he abl"y of "he %om#any for #ayn( off "s
shor" "erm deb"s. The h(her )alue of l@ud"y ra"os refle%"s "ha" "he %om#any s well se%ured n
#erformn( "s obl(a"ons of shor" "erm deb"s. The %al%ula"on of @u%! ra"o shows "ha"
om#any s well se%ured n "hs re(on.. The om#any %an easly mee"s "s shor" "erm
labl"es. )en s #os"on w"h res#e%" "o In)en"ory Turno)er s also be""er. om#any Qu%!
a"o n 2011 was 0.2981 bu" n 2012 Qu%! a"o s 1.1581 "ha" show "he %om#any well se%ured
n #erformn( "s obl(a"on n shor" "erm deb"s.
De5t r'tio:
earn( ra"o s "he measure "o %he%! "he e@u"y "o borrowed fundsKlon( "erm fnan%n(. The bes"
measure s "he (earn( ra"o 6eb" "o e@u"y7. The resul"s of "he %om#any show "ha" "hey are
h(hly (eared as "he #or"on of "her borrowed money s )ery mu%h h(her "han "he owners
e@u"y. The o"her bes" measure s "o %he%!$ how mu%h "he #rof" %o)ers "s n"eres". The h(her "he
n"eres" %o)er ra"o )alue$ "he more safe "he %om#any #os"on s. The deb" ra"o n 2011 was 33R
and n 2012 deb" ra"o s 1DR show "he %om#any de%rease "he #ayables and remo)e all shor"
"erm borrown( and also de%rease "he lon( "erm fnan%n( "ha" m#a%" on "he deb" ra"o and
s"ron( #os"on of "he %om#any show as well.
I(teret co%er:
In"eres" %o)er ra"o s "he measure "o %he%! "he e@u"y "o borrowed fundsKlon( "erm fnan%n(.
The bes" measure s "he (earn( ra"o 6eb" "o e@u"y7. The resul"s of "he %om#any show "ha" "hey
are h(hly (eared as "he #or"on of "her borrowed money s )ery mu%h h(her "han "he owners
The Institute of Management Sciences (Pak-AIMS) Page .
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
46/47
[FINANCIAL ANALYSIS]27/12/2012
e@u"y. The o"her bes" measure s "o %he%!$ how mu%h "he #rof" %o)ers "s n"eres". The h(her "he
n"eres" %o)er ra"o )alue$ "he more safe "he %om#any #os"on s. In"eres" o)er was D.2 n 2011
and n 2012 " s so h(h 32.D "ha" s four "me double n "ha" year and %om#any show so "he
h(h e@u"y n #resen" and " would shows as well s"ron( fnan%al #os"on.
E'r(i() &er !'re:
Mos" m#or"an" s wha" "he %om#any s #ayn( ba%! "o"s n)es"orsKowners. The (rea"er )alue of
, man"an "he n)es"ors and owners %onfden%e on "he %om#any.The om#any s #ayn(
almos" double "he )alue and buldn( "s be""er ma(e before "he n)es"ors. The #re)ous year
, was 12.2D and n 2012 " s n%rease by 20.9 "ha" s (rea"er )alue of , n #resen".
St'(*'r*? '+e(*+e(t '(* i(ter&ret'tio( '*o&te* *$ri()
t!e ,e'r
The a%%oun"n( #ol%es ado#"ed n "he #re#ara"on of "hese fnan%al s"a"emen"s are %onss"en"
w"h "hose of "he #re)ous fnan%al year e*%e#" as des%rbed below8
Ne0 '(* '+e(*e* t'(*'r* '(* i(ter&ret'tio(
The om#any has ado#"ed "he follown( new and amended IF and IFI n"er#re"a"ons
wh%h be%ame effe%")e durn( "he year8
IF Fnan%al Ins"rumen"s8 s%losures 6Amendmen"7
IA 24 ela"ed ,ar"y s%losure 6e)sed7
IFI 14 ,re#aymen"s of a Mnmum Fundn( e@uremen"s 6Amendmen"7
In May 2010$ In"erna"onal A%%oun"n( "andards &oard 6IA&7 ssued amendmen"s "o )arous
s"andards #rmarly w"h a )ew "o
The Institute of Management Sciences (Pak-AIMS) Page .!
-
8/20/2019 luckycementfinalprojectfr-130329051702-phpapp01
47/47
[FINANCIAL ANALYSIS]27/12/2012
remo)n( n%onss"en%es and %larfyn( wordn(. These m#ro)emen"s are ls"ed below8
IF Fnan%al Ins"rumen"s 8 s%losures 6larf%a"on of ds%losures7
IA 1 ,resen"a"on of Fnan%al "a"emen"s 6larf%a"on of s"a"emen" of %han(es n e@u"y7
IA 34 In"erm Fnan%al e#or"n( 6(nf%an" e)en"s and "ransa%"ons7
IFI 13 us"omer -oyal"y ,ro(rammes 6Far )alue of award %red"s7
Re)o--enat"ons an F"nan)"al St!ate0#+
•
In %emen" ndus"ry ha)e some ssue re(ardn( ele%"r%"y bu" "he %om#any should ha)e "om#ro)e "her s"ra"e(es and om" "hese ssues.
• The %om#any should ha)e "o #ayoff "s lon( "erm deb"s "o a)od su%h a hea)y fnan%e
%os"s.
• Fnally$ " needs more e*em#lary leadersh#$ e*#and "her busness n fore(n %oun"es
and m#ro)e #r%n( s"re"(es and aslo m#ro)e "s #erforman%e.
Con)lus"on+-u%!y emen" -am"ed s one of "he lar(es" %emen" %om#any n #a!s"an s fnan%al #erforman%
n 2012 s so (ood as %om#ard "o "he #re)ous yares.
om#any mana(emen" s so s"ron( and s"ra"e(es "ha" are used s )ery usefull for "he %om#any
be""ermen" and "s (row"h. ue "o s"a"e ssues l!e ele%"ro%"y$ (as and o"her fa%"ers no" effe%" on
"he %om#any #erforman%e bu" aslo %om#any drama"%ally %om#any (row"h (on( h(h. om#any
should (row "her busness as mul"na"onl and e*#or" "he #rodu%" n "he o"her %oun"res.
T!'(2 ,o$