Avanceon Balance Sheet

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	648.84	756.75	1,131	1,347	1,312	527.33
Short-Term Investments	100.08	0.54	10.12	-	300	64.33
Trading Asset Securities	-	-	-	0.17	0.19	2.96
Cash & Short-Term Investments	748.92	757.29	1,141	1,347	1,613	594.61
Cash Growth	-16.96%	-33.65%	-15.29%	-16.44%	171.19%	101.62%
Accounts Receivable	14,950	16,452	14,889	12,768	9,672	7,347
Other Receivables	-	116.27	105.16	121.68	163.56	82.68
Receivables	14,950	16,568	14,995	12,890	9,835	7,430
Inventory	954.96	173.62	130.27	67.11	72.81	123.78
Prepaid Expenses	-	82.83	59.58	40.86	58.2	12.35
Other Current Assets	4,390	3,346	2,943	2,302	574.92	416.66
Total Current Assets	21,044	20,928	19,269	16,647	12,154	8,577
Property, Plant & Equipment	1,966	1,185	1,199	953.43	467.76	431.33
Long-Term Investments	384.69	379.67	113.08	-	967.66	874.02
Goodwill	221.81	254.57	221.81	221.81	-	-
Other Intangible Assets	4,826	5,211	5,044	463.99	51.72	20.03
Long-Term Deferred Tax Assets	32.89	32.7	33.93	15.4	-	58.85
Other Long-Term Assets	73.4	171.85	76.68	54.17	35.78	32.43
Total Assets	28,549	28,163	25,958	18,359	13,679	9,994
Accounts Payable	-	6,201	5,310	4,598	2,363	2,202
Accrued Expenses	-	650.29	804.62	532.3	384.62	216.36
Short-Term Debt	2,141	1,503	1,220	616.41	713.75	487.39
Current Portion of Long-Term Debt	91.38	83.32	103.58	69.83	23.55	25.91
Current Portion of Leases	49.22	48.59	22.02	21.3	46.76	38.16
Current Income Taxes Payable	360.64	449.1	1,272	76.2	237.77	231.16
Current Unearned Revenue	2,905	2,157	2,257	1,739	883.34	903.31
Other Current Liabilities	7,484	1,751	1,192	1,153	500.94	100.79
Total Current Liabilities	13,032	12,844	12,181	8,806	5,153	4,205
Long-Term Debt	158.19	208.62	243.59	177.18	-	23.55
Long-Term Leases	99.19	115.27	148.6	101.38	69.63	42.3
Long-Term Unearned Revenue	-	-	-	-	-	0.52
Pension & Post-Retirement Benefits	-	333.15	294.91	187.2	119.34	100.79
Long-Term Deferred Tax Liabilities	-	-	-	-	3.67	-
Other Long-Term Liabilities	338.15	-	-	-	-	0
Total Liabilities	13,627	13,501	12,868	9,271	5,346	4,372
Common Stock	4,224	4,150	3,763	3,247	2,566	2,118
Additional Paid-In Capital	634.73	508.41	450.92	314.01	144.19	138.38
Retained Earnings	5,160	5,309	4,443	2,417	3,480	2,413
Comprehensive Income & Other	4,215	4,007	3,812	2,584	1,815	948.51
Total Common Equity	14,234	13,975	12,469	8,562	8,005	5,617
Minority Interest	687.91	686.61	620.61	525.26	328.07	4.51
Shareholders' Equity	14,922	14,662	13,090	9,088	8,333	5,622
Total Liabilities & Equity	28,549	28,163	25,958	18,359	13,679	9,994
Total Debt	2,539	1,959	1,737	986.09	853.68	617.31
Net Cash (Debt)	-1,790	-1,202	-596.03	361.37	758.84	-22.7
Net Cash Growth	-	-	-	-52.38%	-	-
Net Cash Per Share	-4.55	-2.99	-1.42	0.86	1.81	-0.06
Filing Date Shares Outstanding	422.41	381.41	413.93	410.75	405.74	401.87
Total Common Shares Outstanding	422.41	381.41	413.93	410.75	405.74	401.87
Working Capital	8,012	8,084	7,087	7,841	7,000	4,372
Book Value Per Share	33.70	36.64	30.12	20.85	19.73	13.98
Tangible Book Value	9,186	8,510	7,203	7,877	7,954	5,597
Tangible Book Value Per Share	21.75	22.31	17.40	19.18	19.60	13.93
Land	-	290.55	290.55	290.55	223.5	208.6
Buildings	-	127.53	116.3	110.24	90.42	91.76
Machinery	-	833.43	765.46	298.91	193.16	178.18
Construction In Progress	-	13.92	-	-	-	-
Order Backlog	-	20,884	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.