Trust Modaraba 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	Dec '25 Dec 31, 2025	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	13.11	9.07	10.38	7.4	7.69	5.39
Trading Asset Securities	-	14.29	20.97	23.67	32.91	26.06
Cash & Short-Term Investments	32.04	23.35	31.36	31.08	40.6	31.45
Cash Growth	32.46%	-25.52%	0.90%	-23.45%	29.08%	19.28%
Accounts Receivable	160.87	153.47	129.54	122.31	140.43	171.55
Other Receivables	4.73	10.22	9.38	6.25	7.94	10.38
Receivables	165.61	164.09	139.26	129.22	148.95	182.24
Inventory	-	-	-	-	-	0.43
Prepaid Expenses	-	4.93	4.13	3.43	2.17	4.44
Other Current Assets	16.46	0.02	1.51	9.38	29.3	19.06
Total Current Assets	214.11	192.39	176.25	173.1	221.01	237.62
Property, Plant & Equipment	26.57	24.56	22.95	16.35	15.79	13.13
Long-Term Investments	-	-	2.28	6.27	7.28	10.52
Other Intangible Assets	0.35	0.54	0.95	0.16	-	-
Long-Term Accounts Receivable	138.08	151.27	135.53	66.46	21.97	13.42
Long-Term Deferred Tax Assets	1.5	1.42	1.64	2.39	1.16	-
Other Long-Term Assets	21.03	31.78	74.75	124.03	148.37	104.13
Total Assets	401.63	401.96	414.35	388.76	415.59	378.81
Accrued Expenses	-	4.51	4.29	0.5	2.03	2.36
Short-Term Debt	-	-	-	-	5	-
Current Portion of Leases	2.21	2.73	1.8	1.08	0.43	-
Current Unearned Revenue	1.32	2.04	2.27	2.4	6.7	5.14
Other Current Liabilities	31.93	24.46	33.21	22.93	30.97	22.61
Total Current Liabilities	35.46	33.75	41.57	26.91	45.14	30.11
Long-Term Leases	6.27	7.27	6.14	1.45	1.96	-
Long-Term Unearned Revenue	0.46	1.01	0.91	1.01	2.37	1.75
Other Long-Term Liabilities	2.66	11.18	24.34	39.38	45.07	31.35
Total Liabilities	44.86	53.21	72.96	68.75	94.54	63.2
Common Stock	298	298	298	298	298	298
Retained Earnings	-	50.76	47.27	28.51	28.58	17.88
Comprehensive Income & Other	58.78	-	-3.87	-6.5	-5.53	-0.27
Shareholders' Equity	356.78	348.76	341.39	320	321.05	315.61
Total Liabilities & Equity	401.63	401.96	414.35	388.76	415.59	378.81
Total Debt	8.48	10	7.94	2.53	7.39	-
Net Cash (Debt)	23.55	13.35	23.41	28.55	33.2	31.45
Net Cash Growth	72.66%	-42.96%	-17.99%	-14.02%	5.57%	19.98%
Net Cash Per Share	0.79	0.45	0.79	0.96	1.11	1.06
Filing Date Shares Outstanding	29.35	29.8	29.8	29.8	29.8	29.8
Total Common Shares Outstanding	29.35	29.8	29.8	29.8	29.8	29.8
Working Capital	178.65	158.64	134.69	146.19	175.88	207.51
Book Value Per Share	12.16	11.70	11.46	10.74	10.77	10.59
Tangible Book Value	356.43	348.21	340.44	319.85	321.05	315.61
Tangible Book Value Per Share	12.14	11.69	11.42	10.73	10.77	10.59
Land	-	10.73	10.73	10.73	10.73	10.73
Machinery	-	8.28	8.08	7.26	6.7	6.42
Leasehold Improvements	-	0.7	0.7	0.7	0.7	0.7

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.