Systems Limited (PSX:SYS)

Systems Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7,587	7,821	7,983	5,814	2,979	2,985
Short-Term Investments	906.53	177.38	717.31	177	667	2,085
Trading Asset Securities	1,676	2,764	877.42	4,254	4,200	559.85
Cash & Short-Term Investments	10,169	10,762	9,578	10,245	7,846	5,630
Cash Growth	41.66%	12.37%	-6.52%	30.59%	39.35%	145.19%
Accounts Receivable	32,005	27,024	20,667	11,087	4,854	3,015
Other Receivables	936.49	861.39	395.88	539.56	224.94	156.67
Receivables	34,903	28,359	21,483	11,992	5,369	3,172
Inventory	-	290.34	1,067	793.61	381.03	81.32
Prepaid Expenses	-	877.21	596.29	524.02	158.26	90.78
Other Current Assets	2,404	1,071	791.12	719.89	230.92	534.26
Total Current Assets	47,475	41,360	33,515	24,275	13,985	9,508
Property, Plant & Equipment	4,028	4,074	4,393	3,523	2,341	1,723
Long-Term Investments	77.61	162.19	282.46	1,106	1,419	-
Goodwill	-	5,302	5,353	4,368	-	-
Other Intangible Assets	9,412	4,579	5,159	3,596	23.72	204.25
Long-Term Deferred Tax Assets	-	-	-	12.16	75.06	-
Other Long-Term Assets	1,259	1,360	1,436	1,148	151.64	40.13
Total Assets	62,838	57,451	50,666	38,326	18,031	11,476
Accounts Payable	8,500	2,318	1,321	2,610	646.92	496.58
Accrued Expenses	13.01	5,368	5,503	1,869	1,018	665.39
Short-Term Debt	1,627	2,675	2,119	3,110	2,750	1,449
Current Portion of Long-Term Debt	-	-	-	-	76.82	100.75
Current Portion of Leases	205.23	174.36	190.06	113	62.2	37.98
Current Income Taxes Payable	469.53	307.96	-	-	-	-
Current Unearned Revenue	3,638	3,881	4,646	3,029	948.96	311.4
Other Current Liabilities	892.35	1,693	1,589	2,672	50.79	41.58
Total Current Liabilities	15,345	16,417	15,369	13,403	5,554	3,103
Long-Term Debt	-	-	-	-	-	98.01
Long-Term Leases	270.04	344.48	551.24	491.7	238.88	189.41
Long-Term Unearned Revenue	26.71	14.75	4.28	6.77	81.11	62.2
Pension & Post-Retirement Benefits	876.56	675.54	474.23	455.98	94.87	47.6
Long-Term Deferred Tax Liabilities	80.57	83.62	117.78	-	-	-
Other Long-Term Liabilities	528.14	1,185	1,818	1,040	-	-
Total Liabilities	17,127	18,720	18,335	15,397	5,969	3,500
Common Stock	2,939	2,930	2,914	2,904	1,385	1,246
Additional Paid-In Capital	5,938	5,434	4,904	4,671	820.26	614.91
Retained Earnings	33,316	27,130	21,339	14,105	9,528	5,627
Comprehensive Income & Other	3,516	3,235	3,172	1,246	328.05	341.7
Total Common Equity	45,709	38,728	32,329	22,926	12,062	7,830
Minority Interest	1.9	2.19	2.45	2.1	1.17	146.39
Shareholders' Equity	45,711	38,731	32,332	22,928	12,063	7,976
Total Liabilities & Equity	62,838	57,451	50,666	38,326	18,031	11,476
Total Debt	2,102	3,194	2,860	3,715	3,128	1,875
Net Cash (Debt)	8,067	7,568	6,717	6,531	4,718	3,755
Net Cash Growth	69.08%	12.67%	2.86%	38.43%	25.64%	156.18%
Net Cash Per Share	5.46	5.15	4.59	4.62	3.40	2.71
Filing Date Shares Outstanding	1,469	1,465	1,457	1,452	1,381	1,371
Total Common Shares Outstanding	1,469	1,465	1,457	1,452	1,381	1,371
Working Capital	32,130	24,943	18,147	10,872	8,431	6,406
Book Value Per Share	31.11	26.44	22.19	15.79	8.74	5.71
Tangible Book Value	36,297	28,847	21,818	14,963	12,038	7,625
Tangible Book Value Per Share	24.70	19.69	14.97	10.30	8.72	5.56
Land	-	592.23	592.23	592.23	394.04	394.04
Buildings	-	735.54	735.54	575.42	576.14	542.72
Machinery	-	5,045	4,221	2,673	1,964	1,263
Construction In Progress	-	1.51	-	243.44	22.81	0.75
Leasehold Improvements	-	302.96	300.34	248.69	77.37	44.69

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