Pakgen Power Balance Sheet

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	14.1	100	2,135	5.98	6,971	23.36
Short-Term Investments	22,024	-	-	5.12	-	11.42
Trading Asset Securities	-	6,626	6,724	-	-	-
Accounts Receivable	-	11,515	10,868	14,717	6,852	18,913
Other Receivables	1,006	2,132	3,178	2,572	2,074	1,687
Inventory	598.63	3,133	2,479	3,617	3,795	2,070
Prepaid Expenses	-	772.31	17.44	13.46	8.7	8.08
Loans Receivable Current	8.24	28.82	9.78	8.21	356.98	358.93
Other Current Assets	-	3.84	164.45	1,046	280.94	455.82
Total Current Assets	23,651	24,311	25,575	21,986	20,339	23,527
Property, Plant & Equipment	2,230	2,998	3,870	4,499	5,268	5,943
Long-Term Loans Receivable	3.08	18.98	26.12	20.32	23.3	9.02
Other Long-Term Assets	15.02	21.6	1.77	1.77	0.3	5.7
Total Assets	25,899	27,350	29,473	26,506	25,631	29,485
Accounts Payable	84.1	98.88	169.89	156.53	2,649	141.84
Accrued Expenses	-	472.59	748.2	485.91	319.18	720.63
Short-Term Debt	-	-	3,750	697.3	7.34	5,871
Current Portion of Long-Term Debt	-	-	-	-	48.99	45.93
Current Unearned Revenue	-	-	-	-	0.96	3.39
Current Income Taxes Payable	123.38	41.08	-	-	-	-
Other Current Liabilities	136.94	141.88	114.73	12.61	38.94	18.32
Total Current Liabilities	344.42	754.43	4,783	1,352	3,064	6,801
Long-Term Debt	-	-	-	-	-	48.99
Long-Term Unearned Revenue	-	-	-	-	-	0.96
Pension & Post-Retirement Benefits	-	-	2.77	4.57	2.27	-
Total Liabilities	344.42	754.43	4,785	1,357	3,067	6,851
Common Stock	3,721	3,721	3,721	3,721	3,721	3,721
Retained Earnings	21,834	22,757	20,850	21,312	18,727	18,797
Comprehensive Income & Other	-	116.96	116.96	116.96	116.96	116.96
Shareholders' Equity	25,555	26,595	24,688	25,149	22,564	22,634
Total Liabilities & Equity	25,899	27,350	29,473	26,506	25,631	29,485
Total Debt	-	-	3,750	697.3	56.32	5,966
Net Cash (Debt)	22,038	6,726	5,108	-686.21	6,915	-5,931
Net Cash Growth	189.09%	31.67%	-	-	-	-
Net Cash Per Share	59.46	18.08	13.73	-1.84	18.58	-15.94
Filing Date Shares Outstanding	372.08	372.08	372.08	372.08	372.08	372.08
Total Common Shares Outstanding	372.08	372.08	372.08	372.08	372.08	372.08
Working Capital	23,307	23,556	20,793	20,633	17,275	16,727
Book Value Per Share	68.68	71.48	66.35	67.59	60.64	60.83
Tangible Book Value	25,555	26,595	24,688	25,149	22,564	22,634
Tangible Book Value Per Share	68.68	71.48	66.35	67.59	60.64	60.83
Land	-	251.77	251.77	251.77	251.77	251.77
Buildings	-	972.37	961.54	961.54	961.54	961.54
Machinery	-	15,195	15,152	14,814	14,789	14,563
Construction In Progress	-	-	6.1	136.49	2	0.63

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