Highnoon Laboratories 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	1,029	584.23	1,494	212.55	287.4	817.06
Short-Term Investments	3,477	400.37	166.93	469.67	-	-
Trading Asset Securities	-	2,659	3,472	1,699	1,339	2,060
Cash & Short-Term Investments	4,505	3,644	5,133	2,381	1,626	2,877
Cash Growth	4.76%	-29.01%	115.53%	46.43%	-43.47%	47.00%
Accounts Receivable	5,453	4,401	2,424	2,167	1,330	694.69
Other Receivables	422.56	437.49	349.88	455.85	488.7	52.57
Receivables	5,876	4,838	2,773	2,623	1,819	747.25
Inventory	5,051	6,220	5,106	5,189	4,393	2,450
Prepaid Expenses	-	33.54	41.46	33.85	49.95	22.53
Other Current Assets	1,078	122.83	124.1	317.78	545.42	354
Total Current Assets	16,510	14,858	13,177	10,545	8,434	6,451
Property, Plant & Equipment	4,502	4,400	3,891	4,084	2,394	1,823
Goodwill	0.83	0.83	0.83	0.83	0.83	0.83
Other Intangible Assets	33.63	37.85	46.87	32.29	35.84	21.62
Long-Term Deferred Tax Assets	-	-	-	-	4.89	37.25
Other Long-Term Assets	31.04	85.37	49.82	81.39	87	56.03
Total Assets	21,160	19,437	17,231	14,743	10,957	8,390
Accounts Payable	3,175	1,974	1,815	909.03	685.29	262.62
Accrued Expenses	-	801.56	912.21	1,025	792.24	572.89
Short-Term Debt	479.9	301.8	784.23	260.37	511.8	46.62
Current Portion of Long-Term Debt	135.12	3.9	128.9	66.4	2.57	178.62
Current Portion of Leases	-	112.76	65.98	273.54	74.08	29.75
Current Income Taxes Payable	1,104	876.94	-	-	124.62	296.56
Current Unearned Revenue	167.85	237.94	233.6	85.66	74.9	70.07
Other Current Liabilities	304.56	595.77	423.62	454.25	306.01	339.28
Total Current Liabilities	5,367	4,905	4,364	3,074	2,572	1,796
Long-Term Debt	229.23	2.42	318.82	647.72	15.44	-
Long-Term Leases	370.12	380.82	70.06	255.02	183.93	119.76
Long-Term Unearned Revenue	-	-	-	-	5.59	10.24
Pension & Post-Retirement Benefits	-	-	-	-	525.07	546.65
Long-Term Deferred Tax Liabilities	250.43	250.43	279.38	202.06	-	-
Other Long-Term Liabilities	141.56	145.25	403.79	528.77	-	-
Total Liabilities	6,359	5,684	5,436	4,708	3,302	2,473
Common Stock	529.83	529.83	529.83	529.83	418.84	380.76
Retained Earnings	13,238	12,182	10,188	8,380	6,826	5,100
Comprehensive Income & Other	1,033	1,041	1,078	1,126	410.14	436.25
Total Common Equity	14,801	13,753	11,795	10,036	7,655	5,917
Shareholders' Equity	14,801	13,753	11,795	10,036	7,655	5,917
Total Liabilities & Equity	21,160	19,437	17,231	14,743	10,957	8,390
Total Debt	1,214	801.7	1,368	1,503	787.83	374.74
Net Cash (Debt)	3,291	2,842	3,765	878.3	838.46	2,502
Net Cash Growth	-12.04%	-24.50%	328.63%	4.75%	-66.49%	76.55%
Net Cash Per Share	62.11	53.64	71.05	16.58	15.83	47.22
Filing Date Shares Outstanding	52.99	52.98	52.98	52.98	52.98	52.98
Total Common Shares Outstanding	52.99	52.98	52.98	52.98	52.98	52.98
Working Capital	11,143	9,954	8,813	7,471	5,862	4,655
Book Value Per Share	279.33	259.57	222.62	189.41	144.48	111.68
Tangible Book Value	14,767	13,714	11,747	10,003	7,618	5,895
Tangible Book Value Per Share	278.68	258.84	221.72	188.79	143.79	111.25
Land	-	1,079	1,079	764.5	338.4	338.4
Buildings	-	1,513	1,475	1,263	893.19	798.51
Machinery	-	4,017	3,823	3,218	2,076	2,155
Construction In Progress	-	278.09	177.08	722.03	442.02	13.71
Leasehold Improvements	-	95.3	49.4	49.4	49.4	30.49

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