National Refinery Limited (PSX:NRL)

National Refinery Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cash & Equivalents	896.3	679.94	564.36	605.3	618.42	607.33
Short-Term Investments	173.61	173.61	-	-	-	-
Cash & Short-Term Investments	1,070	853.55	564.36	605.3	618.42	607.33
Cash Growth	19.55%	51.24%	-6.76%	-2.12%	1.83%	9.90%
Accounts Receivable	16,140	17,759	9,855	22,915	16,502	9,032
Other Receivables	14,612	11,510	1,960	458.71	208.46	111.02
Receivables	30,946	29,274	11,823	23,383	16,723	9,153
Inventory	37,738	31,479	51,522	50,723	47,746	23,109
Prepaid Expenses	-	22.19	43.24	31.97	24.33	21.25
Other Current Assets	2,794	3,326	3,906	4,045	4,479	3,301
Total Current Assets	72,549	64,954	67,859	78,788	69,591	36,192
Property, Plant & Equipment	67,155	67,879	23,556	25,596	28,344	31,220
Long-Term Investments	14.12	14.12	14.82	14.56	17.47	9.79
Other Intangible Assets	2.81	3.2	3.92	3.14	5.12	8.19
Long-Term Deferred Tax Assets	15,328	15,884	10,931	6,912	4,655	8,162
Other Long-Term Assets	754.85	747.92	787.59	440.05	55.72	52.67
Total Assets	155,815	149,496	103,172	111,780	102,706	75,682
Accounts Payable	27,089	19,921	18,024	28,283	31,969	16,205
Accrued Expenses	14,847	15,539	8,474	8,267	8,008	6,051
Short-Term Debt	44,307	45,739	52,778	37,505	18,517	19,998
Current Portion of Long-Term Debt	5,625	3,750	-	-	-	-
Current Portion of Leases	23.31	18.27	14.42	11.12	8.3	5.9
Current Unearned Revenue	-	-	-	915.32	1,224	-
Other Current Liabilities	2,307	2,093	3,974	1,464	2,142	659.61
Total Current Liabilities	94,199	87,060	83,264	76,445	61,869	42,920
Long-Term Debt	9,375	11,250	-	-	-	-
Long-Term Leases	125.65	125.65	143.92	158.34	169.46	177.76
Pension & Post-Retirement Benefits	773.99	743.23	547.71	524.13	494.31	370.05
Other Long-Term Liabilities	-	-	-	53.62	353.77	626.52
Total Liabilities	104,474	99,179	83,956	77,181	62,887	44,094
Common Stock	799.67	799.67	799.67	799.67	799.67	799.67
Retained Earnings	40,882	39,856	8,756	24,138	29,356	21,132
Comprehensive Income & Other	9,660	9,660	9,661	9,661	9,664	9,656
Shareholders' Equity	51,341	50,316	19,217	34,599	39,819	31,587
Total Liabilities & Equity	155,815	149,496	103,172	111,780	102,706	75,682
Total Debt	59,456	60,883	52,936	37,674	18,695	20,181
Net Cash (Debt)	-58,386	-60,030	-52,372	-37,069	-18,077	-19,574
Net Cash Per Share	-730.14	-750.68	-654.92	-463.55	-226.05	-244.77
Filing Date Shares Outstanding	79.96	79.97	79.97	79.97	79.97	79.97
Total Common Shares Outstanding	79.96	79.97	79.97	79.97	79.97	79.97
Working Capital	-21,651	-22,106	-15,405	2,343	7,721	-6,728
Book Value Per Share	642.09	629.22	240.31	432.66	497.95	395.01
Tangible Book Value	51,339	50,313	19,213	34,596	39,814	31,579
Tangible Book Value Per Share	642.06	629.18	240.26	432.62	497.89	394.91
Land	-	46,174	60.04	60.04	60.04	60.04
Buildings	-	1,080	1,062	1,048	1,030	1,027
Machinery	-	52,166	51,591	50,684	50,316	49,764
Construction In Progress	-	2,105	1,825	1,544	1,366	1,351

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