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	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	898.24	1,082	1,201	2,406	979.93	772.88
Short-Term Investments	500	29.33	31.07	-	-	-
Cash & Short-Term Investments	1,398	1,111	1,232	2,406	979.93	772.88
Cash Growth	-20.64%	-9.80%	-48.79%	145.50%	26.79%	29.59%
Accounts Receivable	22,975	20,719	16,622	20,184	11,528	5,151
Other Receivables	3,815	4,144	4,410	3,756	4,226	4,244
Receivables	32,575	24,936	21,107	24,015	15,818	9,428
Inventory	62,644	60,086	49,496	43,905	32,559	28,701
Prepaid Expenses	427.66	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	97,044	89,875	74,707	72,972	53,051	40,194
Property, Plant & Equipment	58,188	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	176.68	182.86	197.89	153.77	173.43	195.38
Long-Term Deferred Tax Assets	1,155	1,115	497	-	79.7	3.8
Other Long-Term Assets	615.57	518.47	491.43	532.55	296.15	4,988
Total Assets	157,276	148,940	133,642	127,101	99,587	71,824
Accounts Payable	30,314	14,869	13,533	9,684	7,731	4,829
Accrued Expenses	714.14	12,490	13,460	7,501	4,536	2,613
Short-Term Debt	51,611	42,494	31,191	35,484	29,162	25,995
Current Portion of Long-Term Debt	3,917	3,234	3,096	3,302	2,501	420.11
Current Portion of Leases	717.55	548.17	609.75	602.78	568.22	411.53
Current Income Taxes Payable	1,534	1,144	469.9	392.33	236.59	3.79
Current Unearned Revenue	26.21	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	88,867	83,207	67,496	64,112	47,683	39,627
Long-Term Debt	14,723	14,592	20,117	20,551	18,571	13,446
Long-Term Leases	4,663	3,190	2,992	3,050	3,279	2,199
Long-Term Unearned Revenue	62.36	74.66	102.61	135.12	142	35.22
Long-Term Deferred Tax Liabilities	-	-	-	63.76	-	49.53
Other Long-Term Liabilities	122.27	19.77	31.42	942.73	1,408	-
Total Liabilities	108,924	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	8,944	692.42
Retained Earnings	-	8,977	27,171	23,555	13,865	9,111
Comprehensive Income & Other	40,951	22,698	-258.31	61.39	226.64	362.73
Total Common Equity	48,352	47,328	42,566	38,036	28,348	14,444
Minority Interest	-	-	-	-	-	1,883
Shareholders' Equity	48,352	47,328	42,566	38,036	28,348	16,327
Total Liabilities & Equity	157,276	148,940	133,642	127,101	99,587	71,824
Total Debt	75,632	64,058	58,006	62,989	54,082	42,471
Net Cash (Debt)	-74,233	-62,947	-56,774	-60,583	-53,102	-41,698
Net Cash Per Share	-100.42	-85.06	-76.72	-81.86	-78.32	-67.69
Filing Date Shares Outstanding	738.39	740.06	740.06	740.06	616.02	616.02
Total Common Shares Outstanding	738.39	740.06	740.06	740.06	616.02	616.02
Working Capital	8,177	6,668	7,211	8,860	5,369	567.12
Book Value Per Share	65.48	63.95	57.52	51.40	46.02	23.45
Tangible Book Value	48,175	47,145	42,368	37,845	28,137	14,212
Tangible Book Value Per Share	65.24	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.