Waves Home Appliances Balance Sheet

Financials in millions PKR. Fiscal year is January - December.

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jun '21 Jun 30, 2021
Cash & Equivalents	1.67	0.34	5.45	5.63	0.73	0.06
Short-Term Investments	3	3	3	3	3	-
Cash & Short-Term Investments	4.67	3.34	8.45	8.63	3.73	0.06
Cash Growth	-43.59%	-60.51%	-2.04%	131.22%	6316.89%	-97.66%
Accounts Receivable	4,514	4,213	2,988	4,218	6,362	-
Other Receivables	-	9.75	541.94	290.21	5.89	35.18
Receivables	4,514	4,222	3,530	4,508	6,368	35.18
Inventory	2,034	2,116	2,623	2,905	3,672	-
Prepaid Expenses	-	0.85	2.36	4.86	4.91	-
Other Current Assets	1,018	972.48	604.54	587.14	89.95	48.17
Total Current Assets	7,570	7,315	6,768	8,014	10,139	83.41
Property, Plant & Equipment	8,509	8,345	7,532	5,500	3,219	-
Goodwill	1,070	1,070	1,070	1,070	1,070	-
Other Intangible Assets	1,659	1,685	1,718	1,756	1,795	-
Other Long-Term Assets	329.54	114.97	163.1	36.62	8.55	-
Total Assets	19,138	18,530	17,252	16,376	16,232	83.41
Accounts Payable	2,484	632.43	675.97	694.3	893.87	7.11
Accrued Expenses	546.64	1,819	1,259	762.99	324.75	20.24
Short-Term Debt	375.07	941.54	3,041	3,411	3,914	-
Current Portion of Long-Term Debt	2,333	413.63	697.69	479.53	173.73	-
Current Portion of Leases	-	10.19	8.42	42.52	52.19	-
Current Income Taxes Payable	-	-	-	3.44	5.97	-
Current Unearned Revenue	-	1.16	1.16	1.16	16.36	-
Other Current Liabilities	-	693.92	820.16	601.75	716.2	13.39
Total Current Liabilities	5,740	4,512	6,503	5,996	6,097	40.74
Long-Term Debt	4,657	5,637	2,693	2,535	748.15	-
Long-Term Leases	2.74	8.66	20.5	81.93	56.29	-
Long-Term Unearned Revenue	3.43	4.07	5.23	6.48	7.64	-
Pension & Post-Retirement Benefits	7.6	7.62	7.63	9.94	14.02	-
Long-Term Deferred Tax Liabilities	403.91	391.94	407.69	407.6	463.39	-
Other Long-Term Liabilities	0	-	0	0	1,779	-
Total Liabilities	10,814	10,561	9,638	9,038	9,165	40.74
Common Stock	2,679	2,679	2,679	2,679	118.79	267.28
Additional Paid-In Capital	-	3,614	3,614	-	3,642	-
Retained Earnings	1,092	822.36	643.27	501.27	375.92	-420.35
Comprehensive Income & Other	4,553	853.44	678.17	4,158	2,930	195.74
Shareholders' Equity	8,324	7,969	7,615	7,338	7,066	42.67
Total Liabilities & Equity	19,138	18,530	17,252	16,376	16,232	83.41
Total Debt	7,368	7,011	6,461	6,550	4,944	-
Net Cash (Debt)	-7,363	-7,007	-6,452	-6,541	-4,940	0.06
Net Cash Per Share	-27.20	-26.16	-24.09	-24.42	-27.20	0.00
Filing Date Shares Outstanding	267.89	267.89	267.89	267.89	181.62	11.88
Total Common Shares Outstanding	267.89	267.89	267.89	267.89	181.62	11.88
Working Capital	1,831	2,803	265.25	2,018	4,042	42.67
Book Value Per Share	31.07	29.75	28.43	27.39	38.91	3.59
Tangible Book Value	5,594	5,214	4,826	4,512	4,201	42.67
Tangible Book Value Per Share	20.88	19.46	18.02	16.84	23.13	3.59
Land	-	-	-	-	528.17	-
Buildings	-	-	359.95	429.91	429.91	-
Machinery	-	-	3,654	2,154	2,114	-
Construction In Progress	-	-	4,173	3,256	265.58	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.