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	587.23	531.91	605.47	893.2	755.01	833.83
Cash & Short-Term Investments	690.37	613.37	628.55	1,127	817.45	997.32
Cash Growth	-3.19%	-2.42%	-44.21%	37.84%	-18.04%	35.16%
Accounts Receivable	60.24	67.19	96.56	138.88	165.86	242.86
Other Receivables	44.98	62.17	144.17	128.35	116.58	92.25
Receivables	105.21	129.36	240.74	267.23	282.45	335.12
Inventory	-	-	25.29	49.7	53.37	39.48
Prepaid Expenses	1.73	2.43	3.48	1.83	2.97	4.53
Other Current Assets	17.02	20.61	95.29	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	-	-	-	61.45	19.37	13.88
Accrued Expenses	113.69	57	148.85	113.37	35.19	30.88
Current Portion of Long-Term Debt	-	-	-	-	1,825	1,603
Current Income Taxes Payable	-	3.68	9.74	-	0.54	2.52
Current Unearned Revenue	-	2.1	3.02	7.56	5.24	4.56
Other Current Liabilities	105.59	114.9	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	-804.35	-804.8	-632.2	-462.08	-343.29	-253.72
Comprehensive Income & Other	2,000	2,000	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)	690.37	613.37	-856.45	-358.25	-1,008	-736.78
Net Cash Per Share	18.74	18.03	-25.17	-10.53	-29.62	-21.66
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	595.04	588.09	728.53	1,145	-874.44	-465.49
Book Value Per Share	45.15	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	45.15	45.13	6.10	11.08	-0.15	2.50
Machinery	-	12.03	10.62	11.36	13.35	11.68