CIRCULAR DEBT

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
Oct 18 - 24, 2010

INTER CORPORATE CIRCULAR DEBT AS ON 30TH APRIL 2010
(Rs. in million)

RECEIVABLES PRINCIPAL PAYABLES PRINCIPAL NET POSITION OF ENTITIES
PSO
PEPCO 36,496 PARCO 31,383  
HUBCO 39,027 PRL 12,340  
KAPCO 21,844 NRL 9,525  
OGDCL 194 ARL 17,485  
PIA 1,120 Bosicor 4,794  
Others 1,300      
Price Differential Claim 6,440 Other 469    
Total 106,421 Total 75,996 30,425
SSGCL
KESC 17,510 OGDCL 14,221  
PEPCO (JPCL) 5,974 GHPL 6,162  
PEPCO (QUETTA) 21 PPL 6,828  
SNGPL 1,673      
Pakistan Steel 1,067      
GDS -      
Total 26,245 Total 27,211 -966
SNGPL
PEPCO 5,212 OGDCL 10,320  
Liberty Power - PPL 6,508  
Government of Pakistan 1,863 GHPL 1,993  
GDS 3,064 SSGCL 1,585  
Govt. Consumers 1,741      
Total 11,880 Total 20,406 -8,526
PEPCO
KESC 42,249 Gas 24,073  
FATA 4,898 OIL 31,996  
Provincial/Fed.Govt.
Deptt.& AJK
35,591 IPPs 120,255  
Govt. of Balochistan
/GOB Share
12,273 WAPDA Hydel 45,903  
Private 94,414      
Others 1,580 Others 8,488  
Total 191,005 Total 230,715 -39,710
OGDCL
SNGPL 14,972 PSO 78  
SSGCL 16,233 ENAR 3  
PSO 36 GHPL 71  
ARL 20,108      
NRL 9,055      
PRL 7,253      
PARCO 2,710      
ENAR 160      
PEPCO 26      
UPL 3,395      
BOSICOR Pak.Ltd 5,338      
KESC(Pirkoh Gas Co.) 607      
Total 79,891 Total 151 79,740
PARCO
PRL - NRL -  
NRL - PRL -  
PSO 29,857 OGDCL -  
Others -      
Total 29,857 Total - 29,857
KESC
Federal Government - NTDC/
PEPCO
13,700  
Federal Auton.Bodies - KANUPP 2,160  
Sindh/Bal.Govt.Deptt.& Others 2,010 TAPAL 2,190  
City Distt.Govt.Karachi (CDGK) 3,130 Gul Ahmed Energy 2,980  
KW & SB 9,660 SSGCL 12,570  
    PSO/Other Fed/Prov. Dues 4,810  
Total 14,800 Total 38,410 -23,610
GHPL
SSGCL 6,716      
SNGPL 2,492      
ARL 465      
PRL 89      
NRL 52      
ENAR -      
PARCO 683      
Bosicor 0      
OGDCL 70      
Gas Fon -      
Total 10,567 Total - 10,567
PPL
PEPCO 9,711      
SSGCL 7,540      
SNGPL 8,603      
PRL 77      
Total 25,931 Total - 25,931
KW&SB
Federal Ministries 8,044 KESC 7,814  
Total 8,044 Total 7,814 231
GRAND TOTAL 504,642   400,703 103,939

CONSUMPTION OF PETROLEUM PRODUCTS
(JULY-MARCH) (000 TONES)

YEAR

HOUSE HOLDS

INDUSTRY

AGRICULTURE

TRANSPORT

POWER

OTHER GOVT.

2008-09

75

718

50

6309

5497

245

2009-10

68

750

44

6580

6271

223


COMPANY’S MARKET SHARE IN 2010

COMPANY

Per cent

Parco

31.15

NRL

21.87

PRL

17.18

ARL

14.06

BYCO

11.72