PIA Holding Company Limited (PSX: PIAHCLA)

PIA Holding Company Balance Sheet

Financials in millions PKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Cash & Equivalents	9,724	13,410	14,011	7,540	11,465	6,565
Short-Term Investments	-	-	19.22	19.22	6,297	-
Cash & Short-Term Investments	9,724	13,410	14,031	7,559	17,762	6,565
Cash Growth	-21.88%	-4.43%	85.62%	-57.44%	170.56%	-32.91%
Accounts Receivable	26,779	20,960	15,174	10,083	19,370	17,114
Other Receivables	12,035	6,769	7,092	16,951	9,138	8,382
Receivables	46,310	27,729	22,266	27,033	28,509	25,498
Inventory	3,951	3,579	2,949	2,979	3,584	4,031
Prepaid Expenses	-	848.71	1,363	1,426	1,127	1,161
Restricted Cash	-	-	2.15	103.2	1,193	1,152
Other Current Assets	15,311	8,686	7,584	6,950	9,076	4,613
Total Current Assets	75,296	54,252	48,196	46,050	61,250	43,020
Property, Plant & Equipment	176,564	161,566	146,162	138,955	225,733	194,808
Long-Term Investments	4,398	431.39	371.2	266.13	271.91	272.79
Goodwill	-	7,353	5,732	5,191	5,032	4,512
Other Intangible Assets	9,803	311.1	290.59	335.03	407.76	291.46
Long-Term Deferred Charges	-	-	-	-	18.72	-
Other Long-Term Assets	123,716	97,351	84,805	75,682	6,086	9,871
Total Assets	389,778	321,265	285,557	266,480	298,799	252,775
Accounts Payable	70,199	236,739	36,469	39,380	35,223	31,068
Accrued Expenses	163,278	49,112	114,178	114,485	101,199	87,040
Short-Term Debt	30,881	30,388	30,580	30,577	31,580	34,447
Current Portion of Long-Term Debt	73,064	62,217	51,993	68,412	69,633	69,448
Current Portion of Leases	6,030	5,831	5,844	9,025	11,258	2,189
Current Income Taxes Payable	3,358	2,630	1,182	655.6	516.33	1,085
Current Unearned Revenue	26,943	-	11,721	6,770	17,091	13,800
Other Current Liabilities	82,325	3.3	64,238	60,223	61,566	51,641
Total Current Liabilities	456,079	386,921	316,206	329,527	328,066	290,718
Long-Term Debt	324,267	326,953	302,573	235,194	211,433	166,616
Long-Term Leases	21,799	16,326	10,348	8,316	15,540	172.77
Long-Term Deferred Tax Liabilities	37,580	29,855	27,511	25,031	33,549	30,529
Other Long-Term Liabilities	52,223	7,323	4,420	2,176	2,225	233
Total Liabilities	891,949	811,261	700,337	639,923	628,372	526,520
Common Stock	52,345	52,345	52,345	52,345	52,345	52,345
Retained Earnings	-689,351	-650,276	-560,310	-511,908	-486,863	-424,582
Comprehensive Income & Other	128,913	103,121	89,578	82,969	101,618	95,507
Total Common Equity	-508,092	-494,810	-418,386	-376,594	-332,900	-276,730
Minority Interest	5,921	4,814	3,606	3,151	3,327	2,986
Shareholders' Equity	-502,171	-489,996	-414,780	-373,443	-329,573	-273,745
Total Liabilities & Equity	389,778	321,265	285,557	266,480	298,799	252,775
Total Debt	456,042	441,716	401,338	351,524	339,445	272,873
Net Cash (Debt)	-446,318	-428,306	-387,308	-343,965	-321,683	-266,308
Net Cash Per Share	-85.25	-81.81	-73.98	-65.70	-61.45	-50.87
Filing Date Shares Outstanding	5,235	5,235	5,235	5,235	5,235	5,235
Total Common Shares Outstanding	5,235	5,235	5,235	5,235	5,235	5,235
Working Capital	-380,783	-332,669	-268,011	-283,478	-266,816	-247,698
Book Value Per Share	-97.05	-94.51	-79.92	-71.93	-63.59	-52.86
Tangible Book Value	-517,895	-502,474	-424,409	-382,120	-338,339	-281,533
Tangible Book Value Per Share	-98.92	-95.98	-81.07	-72.99	-64.63	-53.78
Land	-	-	9,230	9,314	8,717	8,717
Buildings	-	-	14,201	14,553	13,118	13,098
Machinery	-	-	152,092	147,280	105,561	88,648
Construction In Progress	-	-	534.29	2,154	6,151	4,321

Source: S&P Capital IQ. Standard template. Financial Sources.