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	134.85	676.15	893.2	755.01	833.83	597.79
Cash & Short-Term Investments	747.9	699.23	1,127	817.45	997.32	737.86
Cash Growth	-23.02%	-37.94%	37.84%	-18.04%	35.16%	-4.52%
Accounts Receivable	59.58	96.56	138.88	165.86	242.86	332.31
Other Receivables	32.48	144.17	128.35	116.58	92.25	102.86
Receivables	92.06	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	-	3.48	1.83	2.97	4.53	4.95
Other Current Assets	581.24	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	9.18	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	11.66	9.74	4.37	0.54	2.52	3.08
Current Unearned Revenue	-	3.02	7.56	5.24	4.56	1.16
Other Current Liabilities	51.47	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	-	-
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)	747.9	-785.77	-358.25	-1,008	-736.78	-811.37
Net Cash Per Share	22.03	-23.10	-10.53	-29.62	-21.66	-23.85
Filing Date Shares Outstanding	33.9	34.02	34.02	34.02	34.02	34.02
Total Common Shares Outstanding	33.9	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	62.07	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	62.07	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.