Investor Presentaiton
TPL Properties Limited - Consolidated Results
Balance Sheet - June '23 vs June '22
Equity and Liabilities
June-23
Jun-22
Total Assets
[PKR 000s]
June-23
[PKR 000s]
Jun-22
SHARE CAPITAL
NON-CURRENT ASSETS
Property, plant and equipment
Issued, subscribed and paid-up capital
5,698,066
5,107,332
Intangible assets
505,799
57
519,297
151
Capital reserve
Revenue reserve
113,526
7,783,014
13,594,606
113,186
6,466,798
Long term investments
13,766,900
8,348,050
Advance against purchase of property
800,000
11,687,317
Advance against future issuance of shares
600,000
600,000
NON-CURRENT LIABILITIES
Long-term deposits
6,735
6,615
Long-term financing
67,773
620,758
Interest accrued
9,146
2,268
Lease liability
155,310
147,873
Due from RP - non current portion.
480,157
193,146
Deferred tax liability - net
162,342
54,490
16,168,794
9,669,527
385,425
823,120
CURRENT ASSETS
CURRENT LIABILITIES
Trade receivables
62,803
52,921
Trade and other payables
1,848,557
1,114,471
Due from related parties
626,232
329,055
Due to related parties
998,049
51,518
Loans, advances, prepayments and other
Accrued mark-up
90,884
42,333
receivables
367,092
253,905
Short-term borrowing
1,566,953
41,941
Taxation - net
40,947
55,329
Current portion of long term financing
527,967
257,296
Short-term investment
425
362
Current portion of lease liability
56,369
33,956
Cash and bank balances
1,852,346
1,891,882
Current portion of GIDC Liability
18,522
Unclaimed dividend
49,829
202
2,949,845
2,583,453
5,138,608
1,560,037
Liabilities classified as held for sale
1,097,596
Assets classified as held for sale
2,915,292
19,118,639
15,168,272
19,118,639
15,168,272
Long term investment
■ Increased by PKR 5.9 Bn due to Unrealized gain in
TPL REIT Fund I of PKR 4.3 Bn and additional
investment in TPL REIT Fund I of PKR1.6 Bn.
Current Assets
■ Accrued Interest increased by PKR 76 Mn due to
markup on advances given to subsidiaries.
■ Net Related Party position PKR 371M payables (PY
PKR 277.5 Mn receivables)
Current Liabilities
■ Trade and other payables increased by PKR 294
Mn due to additional HKC equity purchase of PKR
250 Mn
Net Debt
■ TPL Properties Net Debt stands at PKR 837 Mn (PY
PKR (722) Mn)View entire presentation