Avanceon Limited (PSX: AVN)

Avanceon Balance Sheet

Financials in millions PKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	808.79	1,131	1,347	1,312	527.33	105.23
Short-Term Investments	93.13	10.12	-	300	64.33	188.25
Trading Asset Securities	-	-	0.17	0.19	2.96	1.44
Cash & Short-Term Investments	901.91	1,141	1,347	1,613	594.61	294.92
Cash Growth	-48.81%	-15.29%	-16.44%	171.19%	101.62%	22.78%
Accounts Receivable	12,552	14,889	12,768	9,672	7,347	6,034
Other Receivables	-	105.16	121.68	163.56	82.68	47.86
Receivables	12,552	14,995	12,890	9,835	7,430	6,081
Inventory	242.33	130.27	67.11	72.81	123.78	160.93
Prepaid Expenses	-	59.58	40.86	58.2	12.35	6.53
Other Current Assets	3,221	2,943	2,302	574.92	416.66	435.08
Total Current Assets	16,917	19,269	16,647	12,154	8,577	6,979
Property, Plant & Equipment	1,213	1,199	953.43	467.76	431.33	433.83
Long-Term Investments	200.45	113.08	-	967.66	874.02	843.13
Goodwill	221.81	221.81	221.81	-	-	-
Other Intangible Assets	5,242	5,044	463.99	51.72	20.03	-
Long-Term Deferred Tax Assets	56.54	33.93	15.4	-	58.85	73.82
Other Long-Term Assets	89.77	76.68	54.17	35.78	32.43	-
Total Assets	23,940	25,958	18,359	13,679	9,994	8,357
Accounts Payable	-	5,555	4,598	2,363	2,202	1,322
Accrued Expenses	-	996.82	533.62	384.62	216.36	187.78
Short-Term Debt	664.63	1,220	616.41	713.75	487.39	599.34
Current Portion of Long-Term Debt	25.11	103.58	69.83	23.55	25.91	1.52
Current Portion of Leases	92.71	22.02	21.3	46.76	38.16	45.55
Current Income Taxes Payable	1,077	1,051	76.2	237.77	231.16	74.96
Current Unearned Revenue	2,477	2,257	1,739	883.34	903.31	1,127
Other Current Liabilities	6,330	975.81	1,151	500.94	100.79	342.5
Total Current Liabilities	10,667	12,181	8,806	5,153	4,205	3,701
Long-Term Debt	102.52	243.59	177.18	-	23.55	-
Long-Term Leases	238.03	148.6	101.38	69.63	42.3	67.64
Long-Term Unearned Revenue	-	-	-	-	0.52	-
Long-Term Deferred Tax Liabilities	-	-	-	3.67	-	-
Other Long-Term Liabilities	331.15	-	-	-	0	-
Total Liabilities	11,339	12,868	9,271	5,346	4,372	3,850
Common Stock	4,150	3,763	3,247	2,566	2,118	1,925
Additional Paid-In Capital	508.41	450.92	314.01	144.19	138.38	138.38
Retained Earnings	3,626	4,443	2,417	3,480	2,413	1,566
Comprehensive Income & Other	3,673	3,812	2,584	1,815	948.51	873.68
Total Common Equity	11,957	12,469	8,562	8,005	5,617	4,503
Minority Interest	644.22	620.61	525.26	328.07	4.51	4.35
Shareholders' Equity	12,601	13,090	9,088	8,333	5,622	4,507
Total Liabilities & Equity	23,940	25,958	18,359	13,679	9,994	8,357
Total Debt	1,123	1,737	986.09	853.68	617.31	714.05
Net Cash (Debt)	-221.08	-596.03	361.37	758.84	-22.7	-419.13
Net Cash Growth	-	-	-52.38%	-	-	-
Net Cash Per Share	-0.53	-1.42	0.86	1.81	-0.06	-1.02
Filing Date Shares Outstanding	415.02	413.93	410.75	405.74	401.87	401.87
Total Common Shares Outstanding	415.02	413.93	410.75	405.74	401.87	401.87
Working Capital	6,250	7,087	7,841	7,000	4,372	3,278
Book Value Per Share	28.81	30.12	20.85	19.73	13.98	11.20
Tangible Book Value	6,494	7,203	7,877	7,954	5,597	4,503
Tangible Book Value Per Share	15.65	17.40	19.18	19.60	13.93	11.20
Land	-	290.55	290.55	223.5	208.6	186.25
Buildings	-	116.3	110.24	90.42	91.76	78.91
Machinery	-	765.46	298.91	193.16	178.18	128.87
Order Backlog	-	17,761	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.