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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	274.15	17.97	0.34	5.45	5.63	0.73
Short-Term Investments	3	3	3	3	3	3
Cash & Short-Term Investments	277.15	20.97	3.34	8.45	8.63	3.73
Cash Growth	2263.15%	528.16%	-60.51%	-2.04%	131.22%	6316.89%
Accounts Receivable	4,929	4,865	4,213	2,988	4,218	6,362
Other Receivables	-	5.47	9.75	541.94	290.21	5.89
Receivables	4,929	4,870	4,222	3,530	4,508	6,368
Inventory	2,091	2,096	2,116	2,623	2,905	3,672
Prepaid Expenses	-	1.65	0.85	2.36	4.86	4.91
Other Current Assets	810.01	872.2	972.48	604.54	587.14	89.95
Total Current Assets	8,108	7,861	7,315	6,768	8,014	10,139
Property, Plant & Equipment	8,313	8,188	8,345	7,532	5,500	3,219
Goodwill	1,070	1,070	1,070	1,070	1,070	1,070
Other Intangible Assets	1,642	1,651	1,685	1,718	1,756	1,795
Other Long-Term Assets	787.63	788.16	114.97	163.1	36.62	8.55
Total Assets	19,922	19,558	18,530	17,252	16,376	16,232
Accounts Payable	2,721	491.13	831.77	675.97	694.3	893.87
Accrued Expenses	1,010	2,675	1,819	1,259	762.99	324.75
Short-Term Debt	934.71	691.75	1,036	3,041	3,411	3,914
Current Portion of Long-Term Debt	2,544	2,797	413.63	697.69	479.53	173.73
Current Portion of Leases	-	7.04	10.19	8.42	42.52	52.19
Current Income Taxes Payable	-	-	-	-	3.44	5.97
Current Unearned Revenue	-	0.7	1.16	1.16	1.16	16.36
Other Current Liabilities	-0	500.39	400.22	820.16	601.75	716.2
Total Current Liabilities	7,209	7,163	4,512	6,503	5,996	6,097
Long-Term Debt	4,202	3,934	5,637	2,693	2,535	748.15
Long-Term Leases	0.44	2.42	8.66	20.5	81.93	56.29
Long-Term Unearned Revenue	3.55	3.84	4.07	5.23	6.48	7.64
Pension & Post-Retirement Benefits	7.6	7.6	7.62	7.63	9.94	14.02
Long-Term Deferred Tax Liabilities	348.07	353.65	391.94	407.69	407.6	463.39
Other Long-Term Liabilities	0	-	-	0	0	1,779
Total Liabilities	11,771	11,464	10,561	9,638	9,038	9,165
Common Stock	2,679	2,679	2,679	2,679	2,679	118.79
Additional Paid-In Capital	-	3,614	3,614	3,614	-	3,642
Retained Earnings	1,103	1,031	822.36	643.27	501.27	375.92
Comprehensive Income & Other	4,369	770.81	853.44	678.17	4,158	2,930
Shareholders' Equity	8,151	8,095	7,969	7,615	7,338	7,066
Total Liabilities & Equity	19,922	19,558	18,530	17,252	16,376	16,232
Total Debt	7,681	7,432	7,105	6,461	6,550	4,944
Net Cash (Debt)	-7,404	-7,411	-7,102	-6,452	-6,541	-4,940
Net Cash Per Share	-27.84	-27.66	-26.51	-24.09	-24.42	-27.20
Filing Date Shares Outstanding	267.89	267.89	267.89	267.89	267.89	181.62
Total Common Shares Outstanding	267.89	267.89	267.89	267.89	267.89	181.62
Working Capital	898.41	698.19	2,803	265.25	2,018	4,042
Book Value Per Share	30.43	30.22	29.75	28.43	27.39	38.91
Tangible Book Value	5,438	5,374	5,214	4,826	4,512	4,201
Tangible Book Value Per Share	20.30	20.06	19.46	18.02	16.84	23.13
Land	-	-	-	-	-	528.17
Buildings	-	-	359.95	359.95	429.91	429.91
Machinery	-	-	3,635	3,654	2,154	2,114
Construction In Progress	-	-	5,192	4,173	3,256	265.58

Source: S&P Global Market Intelligence. Standard template. Financial Sources.