Gul Ahmed Textile Mills Limited (PSX: GATM)

Gul Ahmed Textile Mills Balance Sheet

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	1,065	1,082	1,201	2,406	979.93	772.88
Short-Term Investments	-	29.33	31.07	-	-	-
Cash & Short-Term Investments	1,065	1,111	1,232	2,406	979.93	772.88
Cash Growth	-15.34%	-9.80%	-48.79%	145.50%	26.79%	29.59%
Accounts Receivable	23,017	20,719	16,622	20,184	11,528	5,151
Other Receivables	4,178	4,144	4,410	3,756	4,226	4,244
Receivables	30,724	24,936	21,107	24,015	15,818	9,428
Inventory	63,131	60,086	49,496	43,905	32,559	28,701
Prepaid Expenses	113.53	145.87	272.53	289.97	167.73	270.35
Other Current Assets	-	3,596	2,599	2,356	3,526	1,023
Total Current Assets	95,034	89,875	74,707	72,972	53,051	40,194
Property, Plant & Equipment	56,562	57,160	57,610	53,208	45,793	26,276
Long-Term Investments	70	70	70	70	73.53	70
Goodwill	-	-	-	37.07	37.07	37.07
Other Intangible Assets	183.48	182.86	197.89	153.77	173.43	195.38
Long-Term Deferred Tax Assets	1,147	1,115	497	-	79.7	3.8
Other Long-Term Assets	525.53	518.47	491.43	532.55	296.15	4,988
Total Assets	153,536	148,940	133,642	127,101	99,587	71,824
Accounts Payable	34,620	14,869	13,533	9,684	7,731	4,829
Accrued Expenses	938.11	12,490	13,460	7,501	4,536	2,613
Short-Term Debt	47,867	42,494	31,191	35,484	29,162	25,995
Current Portion of Long-Term Debt	3,220	3,234	3,096	3,302	2,501	420.11
Current Portion of Leases	574.68	548.17	609.75	602.78	568.22	411.53
Current Income Taxes Payable	1,128	1,144	469.9	392.33	236.59	3.79
Current Unearned Revenue	27.24	28.25	32.39	54.55	108.42	48.92
Other Current Liabilities	33.35	8,400	5,103	7,092	2,840	5,306
Total Current Liabilities	88,409	83,207	67,496	64,112	47,683	39,627
Long-Term Debt	13,729	14,592	20,117	20,551	18,571	13,446
Long-Term Leases	3,032	3,190	2,992	3,050	3,279	2,199
Long-Term Unearned Revenue	68.34	74.66	102.61	135.12	142	35.22
Long-Term Deferred Tax Liabilities	-	-	-	63.76	-	49.53
Other Long-Term Liabilities	22.27	19.77	31.42	942.73	1,408	-
Total Liabilities	105,814	101,612	91,076	89,065	71,239	55,496
Common Stock	7,401	7,401	7,401	6,167	5,312	4,278
Additional Paid-In Capital	8,252	8,252	8,252	8,252	8,944	692.42
Retained Earnings	9,312	8,977	27,171	23,555	13,865	9,111
Comprehensive Income & Other	22,757	22,698	-258.31	61.39	226.64	362.73
Total Common Equity	47,722	47,328	42,566	38,036	28,348	14,444
Minority Interest	-	-	-	-	-	1,883
Shareholders' Equity	47,722	47,328	42,566	38,036	28,348	16,327
Total Liabilities & Equity	153,536	148,940	133,642	127,101	99,587	71,824
Total Debt	68,423	64,058	58,006	62,989	54,082	42,471
Net Cash (Debt)	-67,357	-62,947	-56,774	-60,583	-53,102	-41,698
Net Cash Per Share	-90.74	-85.06	-76.72	-81.86	-78.32	-67.69
Filing Date Shares Outstanding	740.06	740.06	740.06	740.06	616.02	616.02
Total Common Shares Outstanding	740.06	740.06	740.06	740.06	616.02	616.02
Working Capital	6,625	6,668	7,211	8,860	5,369	567.12
Book Value Per Share	64.48	63.95	57.52	51.40	46.02	23.45
Tangible Book Value	47,538	47,145	42,368	37,845	28,137	14,212
Tangible Book Value Per Share	64.24	63.70	57.25	51.14	45.68	23.07
Land	-	9,665	9,543	9,543	9,543	374.89
Buildings	-	20,031	18,737	14,384	11,594	7,699
Machinery	-	52,020	47,231	36,327	31,787	27,798
Construction In Progress	-	633.05	2,410	9,428	6,166	2,429

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