Fauji Fertilizer Company Limited (PSX: FFC)

Fauji Fertilizer Company 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,918	1,796	2,001	1,827	1,438	6,015
Short-Term Investments	7,543	5,188	3,652	17,868	3,734	6,329
Trading Asset Securities	111,225	94,695	103,745	79,956	79,387	42,879
Cash & Short-Term Investments	120,686	101,680	109,399	99,651	84,560	55,223
Cash Growth	87.43%	-7.06%	9.78%	17.85%	53.12%	-2.13%
Accounts Receivable	15,618	13,544	12,828	11,428	5,869	15,606
Other Receivables	17,732	21,701	27,839	23,537	20,368	17,024
Receivables	35,348	36,440	41,387	35,576	26,846	33,141
Inventory	17,067	12,195	26,675	6,090	5,036	10,879
Prepaid Expenses	-	471.1	61.61	76.51	64.51	51.98
Other Current Assets	-	4,446	2,163	3,446	685.04	903.11
Total Current Assets	173,101	155,232	179,686	144,838	117,191	100,198
Property, Plant & Equipment	71,601	69,294	57,922	54,958	32,596	32,758
Long-Term Investments	111,940	95,394	79,572	68,136	57,842	44,986
Goodwill	-	1,933	1,933	1,933	1,933	1,933
Other Intangible Assets	1,934	2.67	3.91	8.23	5.4	12.74
Other Long-Term Assets	33.62	2,438	6,834	2,280	4,697	4,301
Total Assets	361,671	326,922	327,919	275,197	216,210	185,388
Accounts Payable	117,013	8,631	8,480	3,428	3,438	2,084
Accrued Expenses	16,311	22,772	14,819	13,090	10,458	9,335
Short-Term Debt	7,291	15,133	58,813	38,999	25,277	22,493
Current Portion of Long-Term Debt	7,015	6,544	6,703	6,954	5,782	6,085
Current Portion of Leases	11.12	33.71	3,687	2,745	25.7	51.97
Current Income Taxes Payable	-	10,737	6,564	4,974	4,608	3,092
Current Unearned Revenue	32.64	9,888	12,761	6,466	6,537	-
Other Current Liabilities	526.79	69,438	58,172	42,492	27,335	66,143
Total Current Liabilities	148,200	143,178	169,999	119,148	83,460	109,284
Long-Term Debt	16,142	19,565	17,821	19,172	12,199	9,355
Long-Term Leases	63.42	64.05	86.93	2,939	78.36	87.1
Long-Term Unearned Revenue	85.95	101.67	136.85	175.33	27.36	-
Long-Term Deferred Tax Liabilities	18,284	12,158	8,831	7,146	6,916	4,194
Other Long-Term Liabilities	1,986	1,771	9,498	22,197	34,397	1,803
Total Liabilities	184,761	176,838	206,373	170,777	137,078	124,723
Common Stock	12,722	12,722	12,722	12,722	12,722	12,722
Additional Paid-In Capital	40	40	40	40	40	40
Retained Earnings	154,549	129,593	101,644	84,497	61,407	45,681
Comprensive Income & Other	5,791	4,139	4,291	4,587	4,962	2,221
Total Common Equity	173,102	146,494	118,698	101,847	79,132	60,665
Minority Interest	3,807	3,589	2,848	2,573	-	-
Shareholders' Equity	176,910	150,083	121,546	104,420	79,132	60,665
Total Liabilities & Equity	361,671	326,922	327,919	275,197	216,210	185,388
Total Debt	30,523	41,340	87,111	70,810	43,363	38,073
Net Cash (Debt)	90,163	60,340	22,288	28,841	41,197	17,150
Net Cash Growth	150.41%	170.73%	-22.72%	-29.99%	140.21%	205.85%
Net Cash Per Share	70.86	47.43	17.52	22.67	32.38	13.48
Filing Date Shares Outstanding	1,272	1,272	1,272	1,272	1,272	1,272
Total Common Shares Outstanding	1,272	1,272	1,272	1,272	1,272	1,272
Working Capital	24,901	12,053	9,687	25,690	33,731	-9,087
Book Value Per Share	136.06	115.15	93.30	80.05	62.20	47.68
Tangible Book Value	171,168	144,559	116,761	99,906	77,194	58,720
Tangible Book Value Per Share	134.54	113.63	91.78	78.53	60.68	46.15
Land	-	1,189	679.13	647.92	647.92	648.01
Buildings	-	14,188	13,468	12,934	8,684	8,542
Machinery	-	77,616	72,693	66,463	61,030	57,045
Construction In Progress	-	11,901	2,461	3,072	935.64	2,258

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