Service Industries Textiles Limited (PSX: SERT)

SERT Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Cash & Equivalents	13.14	19.18	34.91	47.94	48.24	22.13
Cash & Short-Term Investments	13.14	19.18	34.91	47.94	48.24	22.13
Cash Growth	-12.02%	-45.05%	-27.17%	-0.63%	118.02%	-40.52%
Accounts Receivable	-	2.2	2.44	1.94	1.27	0.27
Other Receivables	-	-	-	-	-	1.56
Receivables	-	2.2	2.44	1.94	1.27	1.83
Inventory	150.37	63.79	52.53	58.78	62.62	61.94
Prepaid Expenses	-	0.53	0.74	0.36	0.57	0.57
Other Current Assets	16.39	28.68	23.89	24.36	12.27	10.24
Total Current Assets	179.89	114.38	114.51	133.38	124.97	96.71
Property, Plant & Equipment	1,293	1,318	1,359	717.22	688.12	697.32
Long-Term Investments	-	-	-	-	-	2.5
Other Long-Term Assets	20.06	19.37	19.34	16.3	15.48	14.54
Total Assets	1,493	1,452	1,493	866.9	828.58	811.06
Accounts Payable	407.6	90.53	37.62	23.7	51.01	51.76
Accrued Expenses	8.05	118.91	73.36	105.54	84.26	56.83
Short-Term Debt	26.72	26.72	-	-	-	-
Current Portion of Long-Term Debt	12	15.75	12	12	12	12
Current Income Taxes Payable	8.34	13.15	16.63	26.42	13.83	11.2
Current Unearned Revenue	-	69.44	55.09	4.93	3.92	-
Other Current Liabilities	0.92	5.09	2.59	1.59	1.88	0.99
Total Current Liabilities	463.63	339.59	197.29	174.18	166.91	132.78
Long-Term Debt	18.62	26.29	46.07	52.21	26.27	36.7
Long-Term Deferred Tax Liabilities	47.94	53.99	66.66	63.92	70.23	59.88
Other Long-Term Liabilities	-	-	-	1.43	12.33	-
Total Liabilities	552.97	441.55	324.77	303.69	284.67	239.54
Common Stock	137.88	137.88	137.88	137.88	44.49	44.49
Additional Paid-In Capital	18.68	18.68	18.68	18.68	-	-
Retained Earnings	-293.49	-233.22	-90.45	-78.09	-152.47	-142.42
Comprensive Income & Other	1,077	1,087	1,102	484.75	651.89	669.45
Shareholders' Equity	939.76	1,010	1,168	563.21	543.91	571.52
Total Liabilities & Equity	1,493	1,452	1,493	866.9	828.58	811.06
Total Debt	57.34	68.76	58.07	64.21	38.27	48.7
Net Cash (Debt)	-44.2	-49.58	-23.15	-16.27	9.97	-26.57
Net Cash Per Share	-3.21	-3.60	-1.68	-2.71	2.24	-1.37
Filing Date Shares Outstanding	13.79	13.79	13.79	13.79	4.45	4.45
Total Common Shares Outstanding	13.79	13.79	13.79	13.79	4.45	4.45
Working Capital	-283.74	-225.21	-82.77	-40.8	-41.94	-36.07
Book Value Per Share	68.16	73.26	84.70	40.85	122.25	128.45
Tangible Book Value	939.76	1,010	1,168	563.21	543.91	571.52
Tangible Book Value Per Share	68.16	73.26	84.70	40.85	122.25	128.45
Land	-	952.2	952.2	343.85	343.85	343.85
Buildings	-	95.37	95.37	127.61	126.45	126.45
Machinery	-	334.32	333.67	332.27	268.03	241.45
Leasehold Improvements	-	1.9	1.9	1.9	1.9	-

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