Trust Modaraba (PSX: TRSM)

Trust Modaraba Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	10.38	10.38	7.4	7.69	5.39	8.09
Short-Term Investments	20.97	20.97	-	-	-	-
Trading Asset Securities	-	-	23.67	32.91	26.06	18.27
Cash & Short-Term Investments	31.36	31.36	31.08	40.6	31.45	26.37
Cash Growth	0.90%	0.90%	-23.45%	29.08%	19.28%	110.90%
Accounts Receivable	129.54	129.54	122.31	140.43	171.55	170.77
Other Receivables	4	4	6.25	7.94	10.38	14.21
Receivables	133.53	133.53	129.22	148.95	182.24	185.6
Inventory	-	-	-	-	0.43	0.43
Prepaid Expenses	-	-	3.43	2.17	4.44	4.81
Other Current Assets	11.37	11.37	9.38	29.3	19.06	3.2
Total Current Assets	176.25	176.25	173.1	221.01	237.62	220.4
Property, Plant & Equipment	97.4	97.4	139.77	163.06	13.13	12.11
Long-Term Investments	2.28	2.28	6.27	7.28	10.52	9.25
Other Intangible Assets	0.95	0.95	0.16	-	-	-
Long-Term Accounts Receivable	135.53	135.53	66.46	21.97	13.42	7
Long-Term Deferred Tax Assets	1.64	1.64	2.39	1.16	-	-
Other Long-Term Assets	0.29	0.29	0.6	1.11	104.13	108.75
Total Assets	414.35	414.35	388.76	415.59	378.81	357.5
Accrued Expenses	-	-	0.5	2.03	2.36	0.99
Short-Term Debt	-	-	-	5	-	-
Current Portion of Leases	1.8	1.8	1.08	0.43	-	0.15
Current Unearned Revenue	2.27	2.27	2.4	6.7	5.14	3.7
Other Current Liabilities	35.02	35.02	22.93	30.97	22.61	21.18
Total Current Liabilities	39.1	39.1	26.91	45.14	30.11	26.02
Long-Term Leases	6.14	6.14	1.45	1.96	-	-
Long-Term Unearned Revenue	0.91	0.91	1.01	2.37	1.75	0.82
Other Long-Term Liabilities	24.34	24.34	39.38	45.07	31.35	23.79
Total Liabilities	70.49	70.49	68.75	94.54	63.2	50.64
Common Stock	298	298	298	298	298	298
Retained Earnings	-	-	28.51	28.58	17.88	11.28
Comprensive Income & Other	45.87	45.87	-6.5	-5.53	-0.27	-2.41
Shareholders' Equity	343.87	343.87	320	321.05	315.61	306.87
Total Liabilities & Equity	414.35	414.35	388.76	415.59	378.81	357.5
Total Debt	7.94	7.94	2.53	7.39	-	0.15
Net Cash (Debt)	23.41	23.41	28.55	33.2	31.45	26.21
Net Cash Growth	-17.99%	-17.99%	-14.02%	5.57%	19.98%	249.42%
Net Cash Per Share	0.79	0.79	0.96	1.11	1.06	0.88
Filing Date Shares Outstanding	29.88	29.88	29.8	29.8	29.8	29.8
Total Common Shares Outstanding	29.88	29.88	29.8	29.8	29.8	29.8
Working Capital	137.16	137.16	146.19	175.88	207.51	194.37
Book Value Per Share	11.51	11.51	10.74	10.77	10.59	10.30
Tangible Book Value	342.92	342.92	319.85	321.05	315.61	306.87
Tangible Book Value Per Share	11.48	11.48	10.73	10.77	10.59	10.30
Land	-	-	10.73	10.73	10.73	10.73
Machinery	-	-	7.26	6.7	6.42	6.75
Leasehold Improvements	-	-	190.99	190.88	0.7	0.7

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