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	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	12.2	10.38	7.4	7.69	5.39	8.09
Trading Asset Securities	14.84	20.97	23.67	32.91	26.06	18.27
Cash & Short-Term Investments	27.04	31.36	31.08	40.6	31.45	26.37
Cash Growth	4.20%	0.90%	-23.45%	29.08%	19.28%	110.90%
Accounts Receivable	139.48	129.54	122.31	140.43	171.55	170.77
Other Receivables	12.96	9.38	6.25	7.94	10.38	14.21
Receivables	153.03	139.26	129.22	148.95	182.24	185.6
Inventory	-	-	-	-	0.43	0.43
Prepaid Expenses	4.87	4.13	3.43	2.17	4.44	4.81
Other Current Assets	0.55	1.51	9.38	29.3	19.06	3.2
Total Current Assets	185.49	176.25	173.1	221.01	237.62	220.4
Property, Plant & Equipment	26.47	22.95	16.35	15.79	13.13	12.11
Long-Term Investments	2.28	2.28	6.27	7.28	10.52	9.25
Other Intangible Assets	0.85	0.95	0.16	-	-	-
Long-Term Accounts Receivable	137.3	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	54.84	74.75	124.03	148.37	104.13	108.75
Total Assets	408.86	414.35	388.76	415.59	378.81	357.5
Accrued Expenses	1.06	4.3	0.5	2.03	2.36	0.99
Short-Term Debt	-	-	-	5	-	-
Current Portion of Leases	1.94	1.8	1.08	0.43	-	0.15
Current Unearned Revenue	2.55	2.27	2.4	6.7	5.14	3.7
Other Current Liabilities	22.58	30.73	22.93	30.97	22.61	21.18
Total Current Liabilities	28.13	39.1	26.91	45.14	30.11	26.02
Long-Term Leases	9.26	6.14	1.45	1.96	-	-
Long-Term Unearned Revenue	0.7	0.91	1.01	2.37	1.75	0.82
Other Long-Term Liabilities	20.61	24.34	39.38	45.07	31.35	23.79
Total Liabilities	58.71	70.49	68.75	94.54	63.2	50.64
Common Stock	298	298	298	298	298	298
Retained Earnings	56.03	49.74	28.51	28.58	17.88	11.28
Comprehensive Income & Other	-3.88	-3.87	-6.5	-5.53	-0.27	-2.41
Shareholders' Equity	350.15	343.87	320	321.05	315.61	306.87
Total Liabilities & Equity	408.86	414.35	388.76	415.59	378.81	357.5
Total Debt	11.2	7.94	2.53	7.39	-	0.15
Net Cash (Debt)	15.84	23.41	28.55	33.2	31.45	26.21
Net Cash Growth	-33.17%	-17.99%	-14.02%	5.57%	19.98%	249.42%
Net Cash Per Share	0.53	0.79	0.96	1.11	1.06	0.88
Filing Date Shares Outstanding	29.8	29.8	29.8	29.8	29.8	29.8
Total Common Shares Outstanding	29.8	29.8	29.8	29.8	29.8	29.8
Working Capital	157.36	137.16	146.19	175.88	207.51	194.37
Book Value Per Share	11.75	11.54	10.74	10.77	10.59	10.30
Tangible Book Value	349.31	342.92	319.85	321.05	315.61	306.87
Tangible Book Value Per Share	11.72	11.51	10.73	10.77	10.59	10.30
Land	-	10.73	10.73	10.73	10.73	10.73
Machinery	-	8.08	7.26	6.7	6.42	6.75
Leasehold Improvements	-	0.7	0.7	0.7	0.7	0.7

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