National Refinery 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	Mar '26 Mar 31, 2026	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	1,326	679.94	564.36	605.3	618.42	607.33
Short-Term Investments	175.27	173.61	-	-	-	-
Cash & Short-Term Investments	1,501	853.55	564.36	605.3	618.42	607.33
Cash Growth	23.79%	51.24%	-6.76%	-2.12%	1.83%	9.90%
Accounts Receivable	47,554	17,759	9,855	22,915	16,502	9,032
Other Receivables	6,109	11,510	1,960	458.71	208.46	111.02
Receivables	54,214	29,274	11,823	23,383	16,723	9,153
Inventory	79,727	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	2,019	3,326	3,906	4,045	4,479	3,301
Total Current Assets	137,460	64,954	67,859	78,788	69,591	36,192
Property, Plant & Equipment	67,496	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	2.01	3.2	3.92	3.14	5.12	8.19
Long-Term Deferred Tax Assets	11,558	15,884	10,931	6,912	4,655	8,162
Other Long-Term Assets	768.71	747.92	787.59	440.05	55.72	52.67
Total Assets	217,307	149,496	103,172	111,780	102,706	75,682
Accounts Payable	101,343	19,921	18,024	28,283	31,969	16,205
Accrued Expenses	855.86	15,539	8,474	8,267	8,008	6,051
Short-Term Debt	41,427	45,739	52,778	37,505	18,517	19,998
Current Portion of Long-Term Debt	7,500	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	213.46	2,093	3,974	1,464	2,142	659.61
Total Current Liabilities	151,363	87,060	83,264	76,445	61,869	42,920
Long-Term Debt	5,625	11,250	-	-	-	-
Long-Term Leases	100.06	125.65	143.92	158.34	169.46	177.76
Pension & Post-Retirement Benefits	835.53	743.23	547.71	524.13	494.31	370.05
Other Long-Term Liabilities	-	-	-	53.62	353.77	626.52
Total Liabilities	157,923	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	46,134	39,856	8,756	24,138	29,356	21,132
Comprehensive Income & Other	12,449	9,660	9,661	9,661	9,664	9,656
Shareholders' Equity	59,383	50,316	19,217	34,599	39,819	31,587
Total Liabilities & Equity	217,307	149,496	103,172	111,780	102,706	75,682
Total Debt	54,675	60,883	52,936	37,674	18,695	20,181
Net Cash (Debt)	-53,175	-60,030	-52,372	-37,069	-18,077	-19,574
Net Cash Per Share	-664.98	-750.68	-654.92	-463.55	-226.05	-244.77
Filing Date Shares Outstanding	79.97	79.97	79.97	79.97	79.97	79.97
Total Common Shares Outstanding	79.97	79.97	79.97	79.97	79.97	79.97
Working Capital	-13,902	-22,106	-15,405	2,343	7,721	-6,728
Book Value Per Share	742.59	629.22	240.31	432.66	497.95	395.01
Tangible Book Value	59,381	50,313	19,213	34,596	39,814	31,579
Tangible Book Value Per Share	742.57	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.