First Elite Capital Modaraba (PSX: FECM)

FECM Balance Sheet

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	6.1	6.1	2.4	15.85	15.57	19.17
Short-Term Investments	34.68	34.68	28.85	9.5	11.01	11.59
Cash & Short-Term Investments	40.79	40.79	31.25	25.35	26.58	30.77
Cash Growth	30.54%	30.54%	23.25%	-4.63%	-13.59%	73.02%
Accounts Receivable	0.69	0.69	1.88	3.87	2.69	4.77
Other Receivables	0.71	0.71	0.17	14.59	32.03	0.06
Receivables	1.39	1.39	2.05	18.46	34.72	4.83
Inventory	-	-	-	-	0.85	5.17
Prepaid Expenses	1.52	1.52	1.4	1.42	1.4	1.51
Other Current Assets	3.83	3.83	4.25	10.75	3.75	4.11
Total Current Assets	47.52	47.52	38.94	55.99	67.3	46.39
Property, Plant & Equipment	99.36	99.36	100.42	88.45	94.98	134.71
Other Long-Term Assets	54.45	54.45	23.53	23.53	23.53	-
Total Assets	201.34	201.34	162.9	167.97	185.82	181.1
Accrued Expenses	3.5	3.5	0.82	0.67	1.2	1.61
Current Unearned Revenue	0.1	0.1	0.41	0.4	0.25	0.09
Other Current Liabilities	11.83	11.83	14.51	24.78	26.61	15.75
Total Current Liabilities	15.42	15.42	15.74	25.86	28.06	17.45
Other Long-Term Liabilities	51.19	51.19	43.33	32.15	35.09	47.67
Total Liabilities	79.31	79.31	70.36	68.68	72.43	74.19
Common Stock	113.4	113.4	113.4	113.4	113.4	113.4
Retained Earnings	15.84	15.84	-7.8	-2.09	8.56	3.49
Comprensive Income & Other	-7.21	-7.21	-13.06	-12.03	-8.57	-9.98
Shareholders' Equity	122.03	122.03	92.54	99.28	113.39	106.9
Total Liabilities & Equity	201.34	201.34	162.9	167.97	185.82	181.1
Net Cash (Debt)	40.79	40.79	31.25	25.35	26.58	30.77
Net Cash Growth	30.54%	30.54%	23.25%	-4.63%	-13.59%	73.02%
Net Cash Per Share	3.60	3.60	2.76	2.24	2.34	2.71
Filing Date Shares Outstanding	11.34	11.34	11.34	11.34	11.34	11.34
Total Common Shares Outstanding	11.34	11.34	11.34	11.34	11.34	11.34
Working Capital	32.1	32.1	23.2	30.12	39.24	28.93
Book Value Per Share	10.76	10.76	8.16	8.76	10.00	9.43
Tangible Book Value	122.03	122.03	92.54	99.28	113.39	106.9
Tangible Book Value Per Share	10.76	10.76	8.16	8.76	10.00	9.43
Land	-	-	-	-	-	23.53
Machinery	5.58	5.58	5.61	5.23	7.35	8.6

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