First Punjab Modaraba (PSX: FPJM)

First Punjab Modaraba Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	40.19	233.54	62.44	163.49	140.07	69.45
Short-Term Investments	931.34	895.55	755.01	833.83	597.79	703.34
Cash & Short-Term Investments	971.53	1,129	817.45	997.32	737.86	772.79
Cash Growth	19.67%	38.13%	-18.04%	35.16%	-4.52%	-9.29%
Accounts Receivable	89.87	138.88	165.86	242.86	332.31	329.39
Other Receivables	137.96	128.35	116.58	92.25	102.86	108.09
Receivables	227.83	267.23	282.45	335.12	435.17	437.48
Inventory	50.04	49.7	53.37	39.48	6.98	-
Prepaid Expenses	7.23	1.83	2.97	4.53	4.95	3.34
Other Current Assets	25.57	6.79	17.48	11.26	44.71	43.61
Total Current Assets	1,282	1,455	1,174	1,388	1,230	1,257
Property, Plant & Equipment	3.5	4.07	4.79	4.54	3.8	4.33
Long-Term Investments	577.13	472.05	580.81	313.6	221.86	237.69
Other Intangible Assets	0.72	1.06	8.86	7.14	7.17	6.77
Long-Term Deferred Tax Assets	111.92	109.66	58.06	63.8	64.39	64.4
Other Long-Term Assets	171.48	148.27	244.26	341.91	473.34	531.45
Total Assets	2,147	2,190	2,070	2,119	2,000	2,102
Accounts Payable	37.37	61.45	19.37	13.88	35.76	22.31
Accrued Expenses	109.73	113.37	35.19	30.88	28.67	41.6
Current Portion of Long-Term Debt	-	-	1,825	1,603	1,014	1,014
Current Income Taxes Payable	-	-	0.54	2.52	3.08	0.38
Current Unearned Revenue	8.08	7.56	5.24	4.56	1.16	2.39
Other Current Liabilities	94	126.96	162.81	198.35	193.58	177.3
Total Current Liabilities	249.18	309.34	2,048	1,853	1,276	1,258
Long-Term Debt	1,485	1,485	-	131.1	535.13	648.74
Long-Term Unearned Revenue	4.28	5.88	10.26	-	-	4.21
Other Long-Term Liabilities	5.98	2.14	8.4	42.27	42.78	61.34
Total Liabilities	1,754	1,812	2,067	2,027	1,854	1,972
Common Stock	340.2	340.2	340.2	340.2	340.2	340.2
Retained Earnings	-447.41	-462.08	-343.29	-253.72	-204	-219.02
Comprensive Income & Other	500	500	6.78	5.64	9.77	8.85
Shareholders' Equity	392.79	378.12	3.68	92.12	145.97	130.03
Total Liabilities & Equity	2,147	2,190	2,070	2,119	2,000	2,102
Total Debt	1,485	1,485	1,825	1,734	1,549	1,662
Net Cash (Debt)	-513.47	-355.9	-1,008	-736.78	-811.37	-889.5
Net Cash Per Share	-15.09	-10.46	-29.62	-21.66	-23.85	-26.15
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	1,033	1,145	-874.44	-465.49	-46.68	-0.31
Book Value Per Share	11.55	11.11	0.11	2.71	4.29	3.82
Tangible Book Value	392.07	377.06	-5.18	84.98	138.81	123.26
Tangible Book Value Per Share	11.52	11.08	-0.15	2.50	4.08	3.62
Machinery	11.36	11.36	13.35	11.68	10.1	9.87

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