Merit Packaging Balance Sheet

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

Millions PKR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	4.73	2.66	21.31	5.65	6.85	3.54
Cash & Short-Term Investments	4.73	2.66	21.31	5.65	6.85	3.54
Cash Growth	-69.47%	-87.53%	277.40%	-17.53%	93.46%	-62.09%
Accounts Receivable	839.52	792.65	1,196	1,444	1,114	651.6
Other Receivables	685.29	412.25	290.43	369.43	368.12	443.78
Receivables	1,525	1,205	1,487	1,813	1,482	1,095
Inventory	725.73	643.13	567.03	830.14	782.62	623.28
Prepaid Expenses	-	3.85	2.24	1.15	1.61	1.11
Other Current Assets	143.47	662.38	176.4	63.28	40.46	41.77
Total Current Assets	2,399	2,517	2,254	2,713	2,313	1,765
Property, Plant & Equipment	2,460	2,488	3,062	4,431	2,989	3,028
Other Intangible Assets	0.04	0.06	0.15	0.24	0.41	0.75
Long-Term Deferred Tax Assets	-	-	-	-	231.7	176.48
Other Long-Term Assets	12.25	12.25	12.25	12.25	5.02	5.09
Total Assets	4,872	5,017	5,328	7,157	5,539	4,976
Accounts Payable	1,372	1,361	1,175	1,698	1,056	723.35
Accrued Expenses	19.4	105.7	157.23	164.03	56.77	102.75
Short-Term Debt	324.35	841.33	640.31	676.68	698.87	785.5
Current Portion of Long-Term Debt	23.41	46.82	93.65	127.16	210.87	394.04
Current Portion of Leases	6.11	5.79	4.67	-	-	-
Current Income Taxes Payable	-	-	-	-	28.61	8.48
Current Unearned Revenue	-	-	-	-	0.29	2.26
Other Current Liabilities	0.13	0.18	0.18	0.69	0.92	1.76
Total Current Liabilities	1,745	2,361	2,071	2,666	2,052	2,018
Long-Term Debt	250	250	190.46	1,539	1,641	2,408
Long-Term Leases	131.97	133.62	142.39	-	-	-
Long-Term Unearned Revenue	-	-	-	-	-	0.53
Other Long-Term Liabilities	-	-	-	-	0.01	0.1
Total Liabilities	2,127	2,745	2,404	4,205	3,694	4,426
Common Stock	2,000	2,000	2,000	2,000	2,000	806.28
Additional Paid-In Capital	298.33	298.33	298.33	298.33	298.33	-
Retained Earnings	-964.16	-1,660	-1,138	-2,168	-1,773	-1,599
Comprehensive Income & Other	1,410	1,634	1,764	2,821	1,321	1,342
Shareholders' Equity	2,744	2,272	2,924	2,952	1,846	549.32
Total Liabilities & Equity	4,872	5,017	5,328	7,157	5,539	4,976
Total Debt	735.83	1,278	1,071	2,342	2,551	3,587
Net Cash (Debt)	-731.1	-1,275	-1,050	-2,337	-2,544	-3,584
Net Cash Per Share	-3.66	-6.38	-5.25	-11.69	-17.17	-43.39
Filing Date Shares Outstanding	199.96	199.96	199.96	199.96	199.96	80.63
Total Common Shares Outstanding	199.96	199.96	199.96	199.96	199.96	80.63
Working Capital	653.26	155.87	182.81	46.86	261.35	-253.05
Book Value Per Share	13.72	11.36	14.62	14.76	9.23	6.81
Tangible Book Value	2,744	2,272	2,924	2,951	1,845	548.56
Tangible Book Value Per Share	13.72	11.36	14.62	14.76	9.23	6.80
Land	-	-	-	1,112	770	770
Buildings	-	83.91	-	453.5	326.49	315.93
Machinery	-	3,455	4,058	3,874	2,773	2,703
Construction In Progress	-	11.95	115.56	138.07	77.26	23.1

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