DEVELOPMENT UPLIFTING FACE OF KARACHI

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst, PAGE

July 06 - 12, 2009

CITY DISTRICT GOVERNMENT KARACHI BUDGET AT A GLANCE 2009 2010
(Rs. in Million )

RECEIPTS
Current Receipts. 24,631.42
Capital Receipts. 2,167.87
Total 26,799.29
Annual Development Program 2,835.31
Devolved Departments (Govt. of Sindh) 11,500.24
(Salary & Non Salary) 14,335.55
Total 41,134.84
Water & Sanitation Department (KW&SB) 11,396.41
Total Receipts 52,531.25
EXPENDITURE
Establishment 6,137.41
Contingent 2,003.37
Repair & Maintenance 300.84
Total 8,441.62
Development Expenditure 15,725.36
Annual Development Program 2,835.31
Total 18,560.67
Transfer of Funds / Share to Towns &Union Councils 2,461.95
DEVOLVED DEPARTMENTS (GOVT. OF SINDH)
(Salary & Non Salary) 11,500.24
Total 40,964.48
WATER & SANITATION DEPARTMENT (KW&SB)
(I)   Current Expenditure 5,600.65
(II)   Development Expenditure 5,795.76
11,396.41
Total Expenditure 52,360.89
Surplus (+) 170.36
Source: CDGK

TOWNS IN KARACHI

Baldia New Karachi
Gadap Orangi
Gulshan Shah Faisal
Keamari SITE
Landhi Saddar
Lyari North Nazimabad
 Malir Liaqatabad
Korangi Jamshed
Gulberg Bin Qasim
Various sources


KWSB FINANCIAL PERFORMANCE
(Rs / 1000 gallons)

Y/E 30 June 2004 2005 2006 2007
Rs per 1000 gallon Average revenue 12.8 14.5 16.9 16.9
Average cash operating costs 21.3 23.9 25.9 25.2
Add Interest and Depreciation 31.2 38.7 43.7 43.7
Add R&M equivalent to Rs 2bn 2/ 45.0 51.3 57.3 55.0
Various sources
KSWB: Karachi Water & Sewerage Board.


KARACHI STOCK EXCHANGE IN 2009

DATE 30 SHARE INDEX 100 SHARE INDEX ACTIVE PLUS MINUS UNCHANGED
Friday 02-Jan 5,341.22 5,793.57 241 166 71 4
Friday 30-Jan 5,195.81 5,377.42 271 183 69 19
Friday 06-Feb 5,634.78 5,597.44 271 123 138 10
Friday 27-Feb 5,896.83 5,727.46 219 131 81 7
Friday 6-Mar 6,001.36, 5,748.10 274 90 171 13
Friday-27 Mar 7,340.33, 6,803.46 354 232 107 15
Friday-3 Apr 8,064.16 7,432.88 351 280 60 11
Friday-24 Apr 8,295.84 7,620.87 317 225 75 17
Friday-8 May 7,602.13 7,129.51 316 176 126 14
Friday-29 May 7,862.85 7,276.61 293 135 141 17
Various Source


KARACHI POPULATION GROWTH PROJECTIONS

CENSUS YEAR POPULATION (MN) AVERAGE ANNUAL GROWTH RATES
1951 1.068 --
1961 1.912 7.9 %
1972 3.515 7.6 %
1981 5.208 5.4 %
1998 9.204 4.5%
2005 12.750 4.5%
2010 16.230 4.5%
2015 20.710 4.5%
2020 26.390 4.5%
Various sources


KIBOR RATE AS ON 30 JUNE 2009
TENOR BID OFFER
1 - Week 12.99 13.49
2 - Week 12.83 13.33
1 - Month 12.76 13.26
3 - Month 12.52 12.77
6 - Month 12.51 12.76
9 - Month 12.69 13.19
1 - Year 12.81 13.31
2 - Year 13.30 13.80
3- Year 13.50 14.00
Various source

OPERATIONAL PERFORMANCE OF KESC
(UNITS-GWh)

OPERATIONAL JAN-MARCH 2009 JAN- MARCH 2008
Units generated KESC 1,842 1,680
Unites sent out KESC 1,709 1,547
Units purchased 1,356 1,321
Total units available for distribution 3,065 2,868
Units billed 1,895 2,029
Transmission & Distribution Losses 38.2% 29.2%
SHARE HOLDING PATTERN
SHARE HOLDERS NO. OF SHARES % OF SHAREHOLDING
Govt. of Pakistan 3,403,763,472 25.65%
New Investors 9,611,964,737 73.00%
Others 151,346,774 1.35%
Total 13,167,074,983 100.00%
Various Sources.