First Punjab Modaraba Balance Sheet

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	103.14	81.46	23.08	233.54	62.44	163.49
Short-Term Investments	125.36	535.91	676.15	893.2	755.01	833.83
Cash & Short-Term Investments	228.5	617.37	699.23	1,127	817.45	997.32
Cash Growth	-67.96%	-11.71%	-37.94%	37.84%	-18.04%	35.16%
Accounts Receivable	52.89	54.15	96.56	138.88	165.86	242.86
Other Receivables	35.94	34.5	144.17	128.35	116.58	92.25
Receivables	88.83	88.65	240.74	267.23	282.45	335.12
Inventory	-	-	25.29	49.7	53.37	39.48
Prepaid Expenses	-	-	3.48	1.83	2.97	4.53
Other Current Assets	496.99	59.73	24.62	9.14	17.48	11.26
Total Current Assets	814.32	765.76	993.35	1,455	1,174	1,388
Property, Plant & Equipment	2.99	3.18	3.57	4.07	4.79	4.54
Long-Term Investments	718.72	721.22	697.38	472.05	580.81	313.6
Other Intangible Assets	-	-	0.39	1.06	8.86	7.14
Long-Term Deferred Tax Assets	94.24	94.24	94.24	109.66	58.06	63.8
Other Long-Term Assets	151.25	155.49	186.65	148.27	244.26	341.91
Total Assets	1,782	1,740	1,976	2,190	2,070	2,119
Accounts Payable	88.81	102.4	45.09	61.45	19.37	13.88
Accrued Expenses	83.33	28.8	113.49	113.37	35.19	30.88
Current Portion of Long-Term Debt	-	-	-	-	1,825	1,603
Current Income Taxes Payable	-	-	-	-	0.54	2.52
Current Unearned Revenue	-	-	3.02	7.56	5.24	4.56
Other Current Liabilities	47.14	46.48	103.22	126.96	162.81	198.35
Total Current Liabilities	219.28	177.68	264.82	309.34	2,048	1,853
Long-Term Debt	-	-	1,485	1,485	-	131.1
Long-Term Unearned Revenue	2.17	1.33	1.62	5.88	10.26	-
Pension & Post-Retirement Benefits	7	7.47	7.59	9.27	-	-
Other Long-Term Liabilities	17.23	18.03	8.55	2.14	8.4	42.27
Total Liabilities	245.68	204.5	1,768	1,812	2,067	2,027
Common Stock	340.2	340.2	340.2	340.2	340.2	340.2
Retained Earnings	-1,023	-1,023	-632.2	-462.08	-343.29	-253.72
Comprehensive Income & Other	2,218	2,218	500	500	6.78	5.64
Shareholders' Equity	1,536	1,535	208	378.12	3.68	92.12
Total Liabilities & Equity	1,782	1,740	1,976	2,190	2,070	2,119
Total Debt	-	-	1,485	1,485	1,825	1,734
Net Cash (Debt)	228.5	617.37	-785.77	-358.25	-1,008	-736.78
Net Cash Per Share	6.20	18.14	-23.10	-10.53	-29.62	-21.66
Filing Date Shares Outstanding	45.3	34.02	34.02	34.02	34.02	34.02
Total Common Shares Outstanding	45.3	34.02	34.02	34.02	34.02	34.02
Working Capital	595.04	588.09	728.53	1,145	-874.44	-465.49
Book Value Per Share	33.91	45.13	6.11	11.11	0.11	2.71
Tangible Book Value	1,536	1,535	207.61	377.06	-5.18	84.98
Tangible Book Value Per Share	33.91	45.13	6.10	11.08	-0.15	2.50
Machinery	-	-	10.62	11.36	13.35	11.68