First Punjab Modaraba (PSX:FPJM)

First Punjab Modaraba Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jun 30, 2021
Cash & Equivalents	613.05	23.08	233.54	62.44	163.49	140.07
Short-Term Investments	570.98	676.15	893.2	755.01	833.83	597.79
Cash & Short-Term Investments	1,184	699.23	1,127	817.45	997.32	737.86
Cash Growth	21.87%	-37.94%	37.84%	-18.04%	35.16%	-4.52%
Accounts Receivable	67.35	96.56	138.88	165.86	242.86	332.31
Other Receivables	141.63	144.17	128.35	116.58	92.25	102.86
Receivables	208.99	240.74	267.23	282.45	335.12	435.17
Inventory	16.07	25.29	49.7	53.37	39.48	6.98
Prepaid Expenses	3.22	3.48	1.83	2.97	4.53	4.95
Other Current Assets	24.97	24.62	9.14	17.48	11.26	44.71
Total Current Assets	1,437	993.35	1,455	1,174	1,388	1,230
Property, Plant & Equipment	3.64	3.57	4.07	4.79	4.54	3.8
Long-Term Investments	593.24	697.38	472.05	580.81	313.6	221.86
Other Intangible Assets	0.06	0.39	1.06	8.86	7.14	7.17
Long-Term Deferred Tax Assets	94.24	94.24	109.66	58.06	63.8	64.39
Other Long-Term Assets	170.78	186.65	148.27	244.26	341.91	473.34
Total Assets	2,299	1,976	2,190	2,070	2,119	2,000
Accounts Payable	94.21	45.09	61.45	19.37	13.88	35.76
Accrued Expenses	20.83	103.75	109	35.19	30.88	28.67
Current Portion of Long-Term Debt	-	-	-	1,825	1,603	1,014
Current Income Taxes Payable	-	9.74	4.37	0.54	2.52	3.08
Current Unearned Revenue	2.19	3.02	7.56	5.24	4.56	1.16
Other Current Liabilities	49.29	103.22	126.96	162.81	198.35	193.58
Total Current Liabilities	166.52	264.82	309.34	2,048	1,853	1,276
Long-Term Debt	-	1,485	1,485	-	131.1	535.13
Long-Term Unearned Revenue	2.38	1.62	5.88	10.26	-	-
Pension & Post-Retirement Benefits	8.27	7.59	9.27	-	-	-
Other Long-Term Liabilities	18.03	8.55	2.14	8.4	42.27	42.78
Total Liabilities	195.2	1,768	1,812	2,067	2,027	1,854
Common Stock	340.2	340.2	340.2	340.2	340.2	340.2
Retained Earnings	-736.17	-632.2	-462.08	-343.29	-253.72	-204
Comprehensive Income & Other	2,500	500	500	6.78	5.64	9.77
Shareholders' Equity	2,104	208	378.12	3.68	92.12	145.97
Total Liabilities & Equity	2,299	1,976	2,190	2,070	2,119	2,000
Total Debt	-	1,485	1,485	1,825	1,734	1,549
Net Cash (Debt)	1,184	-785.77	-358.25	-1,008	-736.78	-811.37
Net Cash Per Share	34.87	-23.10	-10.53	-29.62	-21.66	-23.85
Filing Date Shares Outstanding	34.02	34.02	34.02	34.02	34.02	34.02
Total Common Shares Outstanding	34.02	34.02	34.02	34.02	34.02	34.02
Working Capital	1,271	728.53	1,145	-874.44	-465.49	-46.68
Book Value Per Share	61.85	6.11	11.11	0.11	2.71	4.29
Tangible Book Value	2,104	207.61	377.06	-5.18	84.98	138.81
Tangible Book Value Per Share	61.85	6.10	11.08	-0.15	2.50	4.08
Machinery	-	10.62	11.36	13.35	11.68	10.1

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.