Lucky Cem. S Regulatory News (LKCS)

The London Stock Exchange

10 Paternoster

Square,

London

Unconsolidated Condensed Interim Profit and Loss Account

 For the nine months ended March 31, 2016 (Unaudited)

Nine Months Ended

Quarter Ended

March 31,

March 31,

March 31,

March 31,

2016

2015

2016

2015

 (Rupees in'000')

 (Rupees in'000')

Gross sales

41,259,823

39,800,513

14,562,492

14,112,209

Less: Sales tax and excise duty

7,319,095

6,131,935

2,746,332

2,211,306

Less: Rebates and commission

453,413

519,896

170,846

161,936

7,772,508

6,651,831

2,917,178

2,373,242

Net sales

33,487,315

33,148,682

11,645,314

11,738,967

Cost of sales

 (17,593,771)

(18,473,137)

(5,960,882)

(6,340,283)

Gross profit

15,893,544

14,675,545

5,684,432

5,398,684

Distribution cost

(1,543,315)

(2,529,952)

(479,060)

(782,681)

Administrative expenses

(827,365)

(672,400)

(247,969)

(243,152)

Finance costs

(20,505)

(19,342)

(3,037)

(6,436)

Other charges

(1,125,052)

(995,286)

(417,867)

(348,833)

Other income

1,017,819

911,554

356,643

295,073

Profit before taxation

13,395,126

11,370,119

4,893,142

4,312,655

Taxation:

-current

(3,324,517)

(1,673,750)

(1,289,455)

(201,798)

-deferred

(456,403)

(393,471)

(244,420)

(409,253)

(3,780,920)

(2,067,221)

(1,533,875)

(611,051)

Profit after taxation

9,614,206

9,302,898

3,359,267

3,701,604

Other comprehensive income for the period

-

-

-

-

Total comprehensive income for the period

9,614,206

9,302,898

3,359,267

3,701,604

(Rupees)

 (Rupees)

Earnings per share - basic and diluted

29.73

28.77

10.39

 11.45

Condensed Interim Consolidated Profit and Loss Account

 For the 3rd quarter and nine months ended March 31, 2016 (Un-audited)

Nine Months Ended

Quarter Ended

March 31,

March 31,

March 31,

March 31,

2016

2015

2016

2015

 (Rupees in'000')

Gross sales

72,878,144

71,545,266

25,312,147

24,148,772

Less: Sales tax and excise duty

9,537,683

8,129,551

3,509,795

2,869,264

Less: Rebates and commission

2,565,749

2,273,042

917,410

716,177

12,103,432

10,402,593

4,427,205

3,585,441

Net sales

60,774,712

61,142,673

20,884,942

20,563,331

Cost of sales

(40,391,732)

(42,487,017)

(13,642,561)

(13,958,336)

Gross profit

20,382,980

18,655,656

7,242,381

6,604,995

Distribution costs

(2,898,297)

(3,617,357)

(941,057)

(1,155,902)

Administrative expenses

(1,518,837)

 (1,404,676)

(474,562)

(513,176)

Finance costs

(669,405)

(866,454)

(188,739)

(255,268)

Other expenses

(1,339,315)

(1,170,233)

(491,255)

(400,816)

Other income

1,985,925

1,697,245

700,993

633,817

Profit before taxation

15,943,051

13,294,181

5,847,761

4,913,650

Taxation

current

(3,899,151)

(2,070,136)

(1,514,594)

(149,644)

deferred

(234,147)

(292,271)

(177,098)

(494,713)

(4,133,298)

(2,362,407)

(1,691,692)

(644,357)

Profit after taxation

11,809,753

10,931,774

4,156,069

4,269,293

Attributable to:

Owners of the Holding Company

11,031,884

10,296,689

3,862,416

4,027,795

Non-controlling interests

777,869

635,085

293,653

241,498

Total comprehensive income for the period

11,809,753

10,931,774

4,156,069

4,269,293

Other comprehensive income for the period

Foreign exchange differences on translation of foreign operations

144,691

73,427

1,432

68,505

Items to be reclassified to profit or loss in subsequent periods:

Loss on hedge during the period

(2,285)

-

-

-

Income tax relating to hedging reserve

731

1,321

-

1,321

(1,554)

1,321

-

1,321

Adjustments for amounts transferred to initial carrying amounts of hedged item - capital work-in-progress

1,554

-

-

-

11,954,444

11,006,522

4,157,501

4,339,119

Attributable to:

Owners of the Holding Company

11,176,575

10,370,861

3,863,848

4,097,045

Non-controlling interests

777,869

635,661

293,653

242,074

11,954,444

11,006,522

4,157,501

4,339,119

 (Rupees)

 (Rupees)

Earnings per share - basic and diluted

34.11

31.84

11.94

12.46