National Refinery Limited (PSX:NRL)

National Refinery Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cash & Equivalents	679.94	564.36	605.3	618.42	607.33
Short-Term Investments	173.61	-	-	-	-
Cash & Short-Term Investments	853.55	564.36	605.3	618.42	607.33
Cash Growth	51.24%	-6.76%	-2.12%	1.83%	9.90%
Accounts Receivable	17,759	9,855	22,915	16,502	9,032
Other Receivables	11,510	1,960	458.71	208.46	111.02
Receivables	29,274	11,823	23,383	16,723	9,153
Inventory	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	3,326	3,906	4,045	4,479	3,301
Total Current Assets	64,954	67,859	78,788	69,591	36,192
Property, Plant & Equipment	67,879	23,556	25,596	28,344	31,220
Long-Term Investments	14.12	14.82	14.56	17.47	9.79
Other Intangible Assets	3.2	3.92	3.14	5.12	8.19
Long-Term Deferred Tax Assets	15,884	10,931	6,912	4,655	8,162
Other Long-Term Assets	747.92	787.59	440.05	55.72	52.67
Total Assets	149,496	103,172	111,780	102,706	75,682
Accounts Payable	19,921	18,024	28,283	31,969	16,205
Accrued Expenses	15,539	8,474	8,267	8,008	6,051
Short-Term Debt	45,739	52,778	37,505	18,517	19,998
Current Portion of Long-Term Debt	3,750	-	-	-	-
Current Portion of Leases	18.27	14.42	11.12	8.3	5.9
Current Unearned Revenue	-	-	915.32	1,224	-
Other Current Liabilities	2,093	3,974	1,464	2,142	659.61
Total Current Liabilities	87,060	83,264	76,445	61,869	42,920
Long-Term Debt	11,250	-	-	-	-
Long-Term Leases	125.65	143.92	158.34	169.46	177.76
Pension & Post-Retirement Benefits	743.23	547.71	524.13	494.31	370.05
Other Long-Term Liabilities	-	-	53.62	353.77	626.52
Total Liabilities	99,179	83,956	77,181	62,887	44,094
Common Stock	799.67	799.67	799.67	799.67	799.67
Retained Earnings	39,856	8,756	24,138	29,356	21,132
Comprehensive Income & Other	9,660	9,661	9,661	9,664	9,656
Shareholders' Equity	50,316	19,217	34,599	39,819	31,587
Total Liabilities & Equity	149,496	103,172	111,780	102,706	75,682
Total Debt	60,883	52,936	37,674	18,695	20,181
Net Cash (Debt)	-60,030	-52,372	-37,069	-18,077	-19,574
Net Cash Per Share	-750.68	-654.92	-463.55	-226.05	-244.77
Filing Date Shares Outstanding	79.97	79.97	79.97	79.97	79.97
Total Common Shares Outstanding	79.97	79.97	79.97	79.97	79.97
Working Capital	-22,106	-15,405	2,343	7,721	-6,728
Book Value Per Share	629.22	240.31	432.66	497.95	395.01
Tangible Book Value	50,313	19,213	34,596	39,814	31,579
Tangible Book Value Per Share	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.