Trust Modaraba (PSX:TRSM)

Trust Modaraba Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cash & Equivalents	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	23.35	31.36	31.08	40.6	31.45
Cash Growth	-25.52%	0.90%	-23.45%	29.08%	19.28%
Accounts Receivable	153.47	129.54	122.31	140.43	171.55
Other Receivables	10.22	9.38	6.25	7.94	10.38
Receivables	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	0.02	1.51	9.38	29.3	19.06
Total Current Assets	192.39	176.25	173.1	221.01	237.62
Property, Plant & Equipment	24.56	22.95	16.35	15.79	13.13
Long-Term Investments	-	2.28	6.27	7.28	10.52
Other Intangible Assets	0.54	0.95	0.16	-	-
Long-Term Accounts Receivable	151.27	135.53	66.46	21.97	13.42
Long-Term Deferred Tax Assets	1.42	1.64	2.39	1.16	-
Other Long-Term Assets	31.78	74.75	124.03	148.37	104.13
Total Assets	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	2.73	1.8	1.08	0.43	-
Current Unearned Revenue	2.04	2.27	2.4	6.7	5.14
Other Current Liabilities	24.46	33.21	22.93	30.97	22.61
Total Current Liabilities	33.75	41.57	26.91	45.14	30.11
Long-Term Leases	7.27	6.14	1.45	1.96	-
Long-Term Unearned Revenue	1.01	0.91	1.01	2.37	1.75
Other Long-Term Liabilities	11.18	24.34	39.38	45.07	31.35
Total Liabilities	53.21	72.96	68.75	94.54	63.2
Common Stock	298	298	298	298	298
Retained Earnings	50.76	47.27	28.51	28.58	17.88
Comprehensive Income & Other	-	-3.87	-6.5	-5.53	-0.27
Shareholders' Equity	348.76	341.39	320	321.05	315.61
Total Liabilities & Equity	401.96	414.35	388.76	415.59	378.81
Total Debt	10	7.94	2.53	7.39	-
Net Cash (Debt)	13.35	23.41	28.55	33.2	31.45
Net Cash Growth	-42.96%	-17.99%	-14.02%	5.57%	19.98%
Net Cash Per Share	0.45	0.79	0.96	1.11	1.06
Filing Date Shares Outstanding	29.8	29.8	29.8	29.8	29.8
Total Common Shares Outstanding	29.8	29.8	29.8	29.8	29.8
Working Capital	158.64	134.69	146.19	175.88	207.51
Book Value Per Share	11.70	11.46	10.74	10.77	10.59
Tangible Book Value	348.21	340.44	319.85	321.05	315.61
Tangible Book Value Per Share	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.