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Investor Presentaiton

TPL Properties Limited - Standalone Results Balance Sheet - June '23 vs June '22 Equity and Liabilities June-23 Jun-22 [PKR 000s] Total Assets June-23 Jun-22 [PKR 000s] CURRENT LIABILITIES SHARE CAPITAL NON-CURRENT ASSETS Property, plant and equipment 224,190 273,860 Issued, subscribed and paid-up capital 5,698,066 5,107,332 Intangible assets 57 151 Capital reserve (313,066) (313,406) Revenue reserve 8,341,585 5,721,066 Long-term investment 14,661,800 8,749,150 13,726,585 10,514,993 Long-term loan to subsidiaries Long-term deposits NON-CURRENT LIABILITIES Interest accrued Long-term financing 67,773 67,773 620,758 620,758 2,787 3,787 79,178 14,968,012 2,268 9,029,216 CURRENT ASSETS Long term investment ■ The key asset is Long-term investment of PKR 14.7 Bn, which reflects 47.4% ownership in TPL REIT Fund I (NAV of PKR 29 Bn) ■ 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. Receivables against rent, maintenance Trade and other payables 1,315,909 1,021,482 and other services Due to related parties 800,000 Due from related parties 845,814 67,285 Loans, advances, prepayments and Accrued mark-up 89,505 42,333 other receivables 737,357 806,072 Current Assets ■ Accrued Interest increased by PKR 76 Mn due to markup on advances given to subsidiaries Net Related Party balance reduced to PKR 45.8 Mn (PY PKR 67.3 Mn) Current Liabilities ■ Trade and other payables increased by PKR 294 Mn due to additional HKC equity purchase of PKR 250 Mn Short-term borrowings 1,546,984 41,941 Taxation - net Current portion of NC liabilities. 527,967 257,296 Short-term investments 108,880 419 Current portion of GIDC Liability 18,522 Cash and bank balances 1,464,070 Unclaimed dividend 49,829 202 3,156,540 4,330,194 1,381,776 Non-current asset held for sale 102,094 362 1,762,498 2,738,311 750,000 Net Debt ■ TPL Properties Net Debt stands at PKR 565 Mn (PY PKR (910) Mn) following dividend payout 18,124,552 12,517,527 18,124,552 12,517,527
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