Highnoon Laboratories Balance Sheet

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	852.88	1,494	212.55	287.4	817.06	863.13
Short-Term Investments	192.18	166.93	469.67	-	-	-
Trading Asset Securities	1,176	3,472	1,699	1,339	2,060	1,094
Cash & Short-Term Investments	2,221	5,133	2,381	1,626	2,877	1,957
Cash Growth	-38.62%	115.53%	46.43%	-43.47%	47.00%	127.81%
Accounts Receivable	4,084	2,424	2,167	1,330	694.69	322.55
Other Receivables	340.27	349.88	455.85	488.7	52.57	54.32
Receivables	4,424	2,773	2,623	1,819	747.25	376.87
Inventory	6,044	5,106	5,189	4,393	2,450	2,183
Prepaid Expenses	-	41.46	33.85	49.95	22.53	17.46
Other Current Assets	1,034	124.1	317.78	545.42	354	453.53
Total Current Assets	13,723	13,177	10,545	8,434	6,451	4,988
Property, Plant & Equipment	4,169	3,891	4,084	2,394	1,823	1,772
Goodwill	0.83	0.83	0.83	0.83	0.83	0.83
Other Intangible Assets	45.78	46.87	32.29	35.84	21.62	0.92
Long-Term Deferred Tax Assets	-	-	-	4.89	37.25	28.9
Other Long-Term Assets	116.55	115.07	81.39	87	56.03	58.9
Total Assets	18,054	17,231	14,743	10,957	8,390	6,849
Accounts Payable	3,718	1,815	909.03	685.29	262.62	168.54
Accrued Expenses	-	912.21	1,025	792.24	572.89	299.63
Short-Term Debt	51.38	784.23	260.37	511.8	46.62	32.21
Current Portion of Long-Term Debt	74.5	128.9	66.4	2.57	178.62	184.62
Current Portion of Leases	-	65.98	273.54	74.08	29.75	17.9
Current Income Taxes Payable	557.93	-	-	124.62	296.56	298.13
Current Unearned Revenue	298.13	246.11	85.66	74.9	70.07	95.92
Other Current Liabilities	304.68	411.11	454.25	306.01	339.28	290.65
Total Current Liabilities	5,004	4,364	3,074	2,572	1,796	1,388
Long-Term Debt	3.4	318.82	647.72	15.44	-	175.44
Long-Term Leases	247.47	70.06	255.02	183.93	119.76	129.57
Long-Term Unearned Revenue	-	-	-	5.59	10.24	38.67
Pension & Post-Retirement Benefits	-	-	-	525.07	546.65	525.42
Long-Term Deferred Tax Liabilities	279.38	279.38	202.06	-	-	-
Other Long-Term Liabilities	163.42	403.79	528.77	-	-	-
Total Liabilities	5,698	5,436	4,708	3,302	2,473	2,257
Common Stock	529.83	529.83	529.83	418.84	380.76	346.15
Retained Earnings	10,776	10,188	8,380	6,826	5,100	3,786
Comprehensive Income & Other	1,050	1,078	1,126	410.14	436.25	460.51
Total Common Equity	12,356	11,795	10,036	7,655	5,917	4,592
Shareholders' Equity	12,356	11,795	10,036	7,655	5,917	4,592
Total Liabilities & Equity	18,054	17,231	14,743	10,957	8,390	6,849
Total Debt	376.75	1,368	1,503	787.83	374.74	539.74
Net Cash (Debt)	1,844	3,765	878.3	838.46	2,502	1,417
Net Cash Growth	-25.14%	328.63%	4.75%	-66.49%	76.55%	100.64%
Net Cash Per Share	34.81	71.05	16.58	15.83	47.22	26.75
Filing Date Shares Outstanding	52.98	52.98	52.98	52.98	52.98	52.98
Total Common Shares Outstanding	52.98	52.98	52.98	52.98	52.98	52.98
Working Capital	8,718	8,813	7,471	5,862	4,655	3,600
Book Value Per Share	233.21	222.62	189.41	144.48	111.68	86.67
Tangible Book Value	12,310	11,747	10,003	7,618	5,895	4,590
Tangible Book Value Per Share	232.33	221.72	188.79	143.79	111.25	86.64
Land	-	1,079	764.5	338.4	338.4	338.4
Buildings	-	1,475	1,263	893.19	798.51	794.23
Machinery	-	3,823	3,218	2,076	2,155	2,014
Construction In Progress	-	177.08	722.03	442.02	13.71	81.28
Leasehold Improvements	-	49.4	49.4	49.4	30.49	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.