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	Sep '25 Sep 30, 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	8.85	9.07	10.38	7.4	7.69	5.39
Trading Asset Securities	17.8	14.29	20.97	23.67	32.91	26.06
Cash & Short-Term Investments	26.65	23.35	31.36	31.08	40.6	31.45
Cash Growth	-1.44%	-25.52%	0.90%	-23.45%	29.08%	19.28%
Accounts Receivable	164.31	153.47	129.54	122.31	140.43	171.55
Other Receivables	11.93	10.22	9.38	6.25	7.94	10.38
Receivables	176.4	164.09	139.26	129.22	148.95	182.24
Inventory	-	-	-	-	-	0.43
Prepaid Expenses	4.82	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	207.87	192.39	176.25	173.1	221.01	237.62
Property, Plant & Equipment	23.45	24.56	22.95	16.35	15.79	13.13
Long-Term Investments	-	-	2.28	6.27	7.28	10.52
Other Intangible Assets	0.44	0.54	0.95	0.16	-	-
Long-Term Accounts Receivable	140.68	151.27	135.53	66.46	21.97	13.42
Long-Term Deferred Tax Assets	1.42	1.42	1.64	2.39	1.16	-
Other Long-Term Assets	28.67	31.78	74.75	124.03	148.37	104.13
Total Assets	402.53	401.96	414.35	388.76	415.59	378.81
Accrued Expenses	2.24	4.51	4.29	0.5	2.03	2.36
Short-Term Debt	-	-	-	-	5	-
Current Portion of Leases	2.29	2.73	1.8	1.08	0.43	-
Current Unearned Revenue	1.64	2.04	2.27	2.4	6.7	5.14
Other Current Liabilities	25.23	24.46	33.21	22.93	30.97	22.61
Total Current Liabilities	31.4	33.75	41.57	26.91	45.14	30.11
Long-Term Leases	6.97	7.27	6.14	1.45	1.96	-
Long-Term Unearned Revenue	0.71	1.01	0.91	1.01	2.37	1.75
Other Long-Term Liabilities	10.91	11.18	24.34	39.38	45.07	31.35
Total Liabilities	49.99	53.21	72.96	68.75	94.54	63.2
Common Stock	298	298	298	298	298	298
Retained Earnings	54.54	50.76	47.27	28.51	28.58	17.88
Comprehensive Income & Other	-	-	-3.87	-6.5	-5.53	-0.27
Shareholders' Equity	352.54	348.76	341.39	320	321.05	315.61
Total Liabilities & Equity	402.53	401.96	414.35	388.76	415.59	378.81
Total Debt	9.26	10	7.94	2.53	7.39	-
Net Cash (Debt)	17.39	13.35	23.41	28.55	33.2	31.45
Net Cash Growth	9.79%	-42.96%	-17.99%	-14.02%	5.57%	19.98%
Net Cash Per Share	0.58	0.45	0.79	0.96	1.11	1.06
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	176.47	158.64	134.69	146.19	175.88	207.51
Book Value Per Share	11.83	11.70	11.46	10.74	10.77	10.59
Tangible Book Value	352.1	348.21	340.44	319.85	321.05	315.61
Tangible Book Value Per Share	11.82	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.