Documents

Financial Analysis Report OGDCL

Categories
Published
of 16
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Related Documents
Share
Description
1 Financial analysis of Oil & Gas Development Company Limited-Year ended 30-06-2012 e Oil & Gas Development Company Limited Financial Analysis Report Period coverage: 1 st July 2011 to 30 th June 2012 Prepared and Presented by: Dr. Babur Zahiruddin Raza, Corporate Office Consultant in Human Resources & Master Trainer in H.R Applications Research Consultant Mr. J. S Khan IT Consultant Mr. Raheel Rustam Ph: 051-5584905, 5792836 Cell
Transcript
  1 Financial analysis of Oil & Gas Development Company Limited-Year ended 30-06-2012 e Oil & Gas Development Company Limited Financial Analysis Report Period coverage: 1 st  July 2011 to 30 th  June 2012 Prepared and Presented by: Dr. Babur Zahiruddin Raza, Corporate Office Consultant in Human Resources & Master Trainer in H.R Applications Research Consultant Mr. J. S Khan IT Consultant Mr. Raheel Rustam Ph: 051-5584905, 5792836 Cell: 0332  –  4923235 Email: baburzahiruddin@yahoo.com,   2 Financial analysis of Oil & Gas Development Company Limited-Year ended 30-06-2012 TABLE OF CONTENTS SR no Description Page no 1 Financial analysis approach ------------------------------------------ 3 2 Key discussion points for AGM--------------------------------------- 9  3 Financial analysis of Oil & Gas Development Company Limited-Year ended 30-06-2012 1. FINANCIAL ANALYSIS APPROACH We have tried to perform holistic and integrated financial analysis of OGDCL with the help environmental analysis, industry analysis, company operational review and annual report. 1.1 Flow chart of analysis approach 2.2 Requisite essential documents for financial analysis Environmental analysis Industry analysis Operational review of OGDCL Financial analysis  4 Financial analysis of Oil & Gas Development Company Limited-Year ended 30-06-2012 The under mentioned documents are essential to perform comprehensive analysis of financial position, performance and cash position of OGDCL 1.   Financial plan-Year 2011 to 2015 2.   Audited financial statements-Year 2012 3.   Internal audit reports 4.   Management letter /. Letter of internal control from external auditors 5.   Minutes of board meetings 3. Energy sector analysis Energy is considered to be the lifeline of economic development. For a developing economy with a high population growth rate, it is important to keep a balance between energy supply and emerging needs. If corrective measures are not effectively anticipated significant constraints start emerging for development activities. The rise in global energy demand has raised questions regarding energy security and increased the focus on diversification, generation and efficient allocation. The answer lies in the attainment of optimal energy mix through fuel substitution by promoting energy efficiency and renewable energy and interregional co-operation. However, oil and natural gas will continue to be the worl d’s top two energy sources through 2040.   Pakistan’s economy has been growing at an average growth rate of almost 3 percent for the last four years and demand of energy both at production and consumer end is increasing rapidly. Pakistan’s total energy consumption stood at 38.8 million tonnes of oil equivalent in 2010-11. The relative importance of the various sources of energy consumption of Liquid Petroleum Gas (LPG), electricity and coal has been broadly similar since 2005-06. The share of gas consumption stood at the highest equal to 43.2 percent of the total energy mix of the country, followed by oil (29.0 percent). 3.1 Crude Oil The total supply of crude oil for the fiscal year 2010-11 was 75.3 million barrels. The 68.1 percent was imported and 31.9 percent was locally extracted. 3.2 Natural Gas The consumption of increasing natural gas is rapidly. As on December 31st 2011, the balance recoverable natural gas reserves have been estimated at 24.001 Trillion Cubic Feet. The average production of natural gas during July- March 2011-12 was 4236.06 million cubic feet per day (Mmcfd) as against 4050.64 (Mmcfd) during the corresponding period of last year, showing an increase of 4.57 percent. Natural gas is used in general industry to prepare consumer items, to produce cement and to generate electricity. In the form of CNG, it is used in transport sector and most importantly to manufacture fertilizer to boost the agricultural sector. Currently 27 private and public sector companies are engaged in oil and gas exploration & production activities.
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks