Leasing Association of Pakistan


	Pakistan Leasing Year Book 2009


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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 ]

Mr. Teizoon Kisat
Chairman, LAP

I am pleased to present the 13th edition of the Leasing Year Book 2009 of the Leasing Association of Pakistan (LAP) covering statistics of the sector for the year ended June 30, 2009. The Executive Committee records its appreciation of the contribution by Members and the Secretariat of LAP in making this year book a widely acclaimed publication.

[ read more ]

Consolidated Statistics / Overview of Leasing Sector


	2007	2008	2009
No. of Companies ..........................................	27	25	18
Paid up Captial ..............................................	13,182	17,448	10,965
Reserves ......................................................	7,877	8,477	1,299
Total Equity ...................................................	21,059	25,925	12,264
Investment in Lease Finance ...........................	72,908	71,597	56,657
Investments ..................................................	22,817	29,896	9,047
Borrowings ...................................................	83,196	90,792	51,886
Revenues .....................................................	15,028	16,907	10,736
Operating Expenditure....................................	5,822	5,779	6,472
Financial Charges ..........................................	8,467	8,954	7,396
Taxation .......................................................	91	411	(377)
Net Profit ......................................................	636	2,094	(3,268)
Cash Divident ...............................................	961	884	296
Total Assets ..................................................	128,315	136,569	84,168

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