Millat Tractors Limited (PSX:MTL)

Millat Tractors Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	1,875	1,282	1,755	1,133	1,955
Short-Term Investments	-	-	-	580	140
Trading Asset Securities	-	-	-	5,785	-
Cash & Short-Term Investments	1,875	1,282	1,755	7,497	2,095
Cash Growth	46.19%	-26.93%	-76.59%	257.85%	101.33%
Accounts Receivable	805.68	651.21	405.42	307.92	221.15
Other Receivables	6,653	6,267	5,951	4,775	2,264
Receivables	7,459	6,919	6,361	5,088	2,489
Inventory	16,772	12,278	9,260	7,075	5,084
Prepaid Expenses	114.89	59.35	50.05	58.02	29.29
Other Current Assets	465.26	446.28	507.82	216.08	131.86
Total Current Assets	26,686	20,985	17,934	19,935	9,830
Property, Plant & Equipment	1,968	1,930	1,817	1,849	1,693
Long-Term Investments	6,029	6,208	3,905	5,906	1,795
Goodwill	18.57	18.57	18.57	18.57	18.57
Other Intangible Assets	24.55	36.15	52.51	63.84	62.9
Other Long-Term Assets	612.76	578.71	429.36	318.74	292.24
Total Assets	35,347	29,765	24,176	28,094	13,695
Accounts Payable	5,056	2,989	3,271	2,868	1,972
Accrued Expenses	2,373	1,685	1,116	803.91	628.52
Short-Term Debt	8,189	8,643	1,595	530.66	899.18
Current Portion of Long-Term Debt	488.75	377.54	172.84	280.93	61.15
Current Portion of Leases	-	-	-	4.39	3.71
Current Income Taxes Payable	1,087	378.16	226.57	372.04	-
Current Unearned Revenue	1,096	2,851	6,739	9,947	3,193
Other Current Liabilities	2,601	822.26	1,064	902.31	818.35
Total Current Liabilities	20,891	17,746	14,185	15,710	7,576
Long-Term Debt	959.65	1,045	69.26	227.51	162.28
Long-Term Leases	2.33	6.97	-	1.44	9.88
Long-Term Unearned Revenue	10.53	13.3	18.11	21.09	14.28
Long-Term Deferred Tax Liabilities	1,202	1,164	796.38	938.59	56.88
Other Long-Term Liabilities	40.28	34.41	28.72	30.03	26.47
Total Liabilities	23,128	20,036	15,123	17,013	8,059
Common Stock	1,918	1,918	968.68	560.58	498.29
Retained Earnings	6,834	4,427	5,265	5,934	3,885
Comprehensive Income & Other	2,121	2,257	1,735	3,537	401.83
Total Common Equity	10,873	8,602	7,969	10,032	4,785
Minority Interest	1,346	1,127	1,085	1,050	851.21
Shareholders' Equity	12,219	9,729	9,053	11,081	5,636
Total Liabilities & Equity	35,347	29,765	24,176	28,094	13,695
Total Debt	9,640	10,073	1,837	1,045	1,136
Net Cash (Debt)	-7,765	-8,790	-81.87	6,453	958.92
Net Cash Growth	-	-	-	572.89%	527.38%
Net Cash Per Share	-40.49	-45.83	-0.43	33.64	5.00
Filing Date Shares Outstanding	191.8	191.8	191.8	191.8	191.8
Total Common Shares Outstanding	191.8	191.8	191.8	191.8	191.8
Working Capital	5,795	3,239	3,750	4,225	2,254
Book Value Per Share	56.69	44.85	41.55	52.30	24.95
Tangible Book Value	10,830	8,548	7,898	9,949	4,703
Tangible Book Value Per Share	56.46	44.57	41.18	51.87	24.52
Land	119.7	158.56	158.56	158.56	158.56
Buildings	857.58	855.48	815.26	798.44	794.39
Machinery	3,836	3,505	3,353	3,204	2,958
Construction In Progress	88.08	27.18	25.31	49.83	34.43

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.