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Leasing
Association of Pakistan was established as an
Association of Persons (AOP). The Association
was granted Licence No.139 under section 3 of
the Trade Organisations Ordinance, 1961 by Ministry
of Commerce, Government of Pakistan on 28th March
1995 and thereafter granted Certificate of Incorporation
under section 32 & 42 of the Companies Ordinance,
1984 by SECP with effect from 22nd June 1995.
Leasing in the organized sector started in mid
Eighties and the first leasing company was established
in 1985. Prior to eighties the concept of hire
purchase was the only mode of installment sales,
which was, rarely used. [ read
more ] |
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I
am pleased to present the 12th edition of the
Leasing Year Book 2008 covering statistics of
the leasing sector for the year ended 30th June,
2008. Over the years, Leasing Association of Pakistans
year book has become an authentic reference book
for all stakeholders, research analysts and investors
in the financial sector. The Executive Committee
records its appreciation of the contribution by
Members and the Secretariat of Leasing Association
of Pakistan (LAP) in making this Year Book a widely
acclaimed publication.[ read
more ] |
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| Consolidated
Statistics / Overview of Leasing Sector |
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2006 |
2007 |
2008 |
No.
of Companies ............................................ |
29 |
27 |
25 |
| Paid
up Captial ................................................ |
12,185 |
13,182 |
17,448 |
| Reserves
........................................................ |
8,599 |
7,877 |
8,477 |
| Total
Equity ..................................................... |
20,784 |
21,059 |
25,925 |
| Investment
in Lease Finance ............................. |
75,151 |
72,908 |
71,597 |
| Investments
.................................................... |
21,687 |
22,817 |
29,896 |
| Borrowings
..................................................... |
78,882 |
83,196 |
90,792 |
| Revenues
....................................................... |
14,665 |
15,028 |
16,907 |
| Operating
Expenditure...................................... |
5,009 |
5,822 |
5,779 |
| Financial
Charges ............................................ |
7,419 |
8,467 |
8,954 |
| Taxation
......................................................... |
193 |
91 |
411 |
| Net
Profit ........................................................ |
2,044 |
636 |
2,094 |
| Cash
Divident ................................................. |
900 |
961 |
884 |
| Total
Assets .................................................... |
123,501 |
128,315 |
136,569 |
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