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CHANGE INITIATIVES AT ARL

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Contents: Page No. Company Information 03 Directors Review Financial Statements Balance Sheet 06 Profit & Loss Account 08 Statement of Comprehensive Income 09 Cash Flow Statement 10 Statement of Changes in Equity 11 Notes to the Accounts
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INTRODUCTION AND BACKGROUND OF ARL

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ATTOCK GROUP PROFILE

Attock Group of Companies, a fully integrated group covering all segments of oil and gas industry from exploration to production, and refining to marketing of a wide range of petroleum products in Pakistan. ARL is ATTOCK REFINERY LIMITED strategically located up-country in the north of Pakistan and caters to the NATIONAL REFINERY LIMITED petroleum products requirements in its PAKISTAN OILFIELDS LIMITED region of location and beyond.
ATTOCK PETROLEUM LIMITED ATTOCK CEMENT PAKISTAN LIMITED ATTOCK GEN LIMITED ATTOCK HOSPITAL (PVT.) LIMITED ATTOCK INFORMATION TECHNOLOGIES SERVICES (PVT.) LIMITED

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History

ATTOCK REFINERY LIMITED

Since its commissioning in 1922, ARL has passed through various stages of transformation and stood the test of time through war and peace. From batch distillation stills of 2,500 barrels per day (BPD), today it has grown into a modern state-of-the-art refinery with a capacity of 43,000 BPD. It was subsequently converted into a Public 5/5/12

VISION 2020
To be a world class and leading organisation continuously providing high quality and environment friendly energy resources
ATTOCK REFINERY LIMITED

MISSION 2010
To be a model diversified energy resources and petrochemical organisation exceeding expectations of all stakeholders. We will achieve this by utilising best blend of state-of-the-art technologies, high performing people, excellent business 5/5/12 processes and synergetic organisational

Our success will not be a matter of chance, but of commitment to the following enduring beliefs and values that are engrained in the way we think and take actions to pursue a climate of excellence: Integrity & Ethics Integrity, honesty, high ethical, legal and safety standards are
cornerstones of our business practices

Quality Social Responsibility


ATTOCK REFINERY LIMITED

We pursue quality as a way of life. It is an attitude that affects everything we do for relentless pursuit of excellence We believe in respect for the community and preserving the environment for our future generations and keeping National interests paramount in all our actions. We embrace lifelong learning and innovation as an essential catalyst for our future success. We believe in continuous improvement and to seize opportunities inherent in change to shape the future We believe that competent and satisfied people are the companys heart, muscle and soul. We savour flashes of genius in organisations life by reinforcing attitude of teamwork and knowledge sharing based on mutual respect, trust and openness We flourish under an ecosystem of shared understanding founded on the concept of empowerment, accountability and open communication in all directions

Learning & Innovation Teamwork

Empowerment

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