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Fertilizer

FFC Fauji Fertilizer Company Limited

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

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Last close · 16 Oct 2026

Rs 537.87 -0.04%

Annual · FY2006 – FY2025

Fauji Fertilizer Company Limited (FFC) balance sheet

At the end of FY2025 (Jan – Dec 2025) Fauji Fertilizer Company Limited had total assets of Rs 613.3 bn, up 6.9% on FY2024. Current assets of Rs 327.9 bn covered current liabilities of Rs 257.9 bn 1.27 times. Total debt was Rs 85.0 bn, leaving net cash of Rs 128.0 bn. Shareholders' equity was Rs 259.9 bn (Rs 182.61 per share), 42.4% of total assets.

FFC balance sheet (annual) (Rs bn)
Rs bn FY2025 Jan – Dec 2025 FY2024 * Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 * Jan – Dec 2022 FY2021 Jan – Dec 2021
Assets
Cash & short-term investments 213.0 238.4 103.5 109.8 101.9
Trade receivables 33.9 15.3 13.5 12.8 11.4
Inventories 68.0 50.7 13.4 27.3 6.4
Other current assets 0.3 0.2 0.2 0.2 0.0
Total current assets 327.9 328.7 155.4 179.7 144.8
Property, plant & equipment 132.5 116.4 69.3 57.9 55.0
Intangible assets 2.0 2.0 1.9 1.9 1.9
Long-term investments 6.7 6.8 2.7 4.7 4.7
Other non-current assets 0.1 0.1 0.0 0.0 0.0
Total non-current assets 285.4 245.0 171.7 148.2 130.4
Total assets 613.3 573.7 327.1 327.9 275.2
Liabilities
Trade payables 138.6 139.5 74.8 61.8 41.8
Short-term borrowings & current portion of debt 33.8 45.8 21.7 69.2 48.7
Total current liabilities 257.9 262.3 143.3 170.0 119.1
Long-term debt 51.2 32.8 19.6 17.9 22.1
Other non-current liabilities 3.4 3.0 1.9 9.6 22.4
Total non-current liabilities 90.6 66.5 33.7 36.4 51.6
Total liabilities 348.5 328.8 177.0 206.4 170.8
Equity
Share capital 14.2 14.2 12.7 12.7 12.7
Reserves & retained earnings 245.6 226.7 133.7 105.9 89.1
Equity attributable to shareholders 259.9 241.0 146.5 118.7 101.8
Non-controlling interest 4.9 3.9 3.6 2.8 2.6
Total equity 264.8 244.9 150.1 121.5 104.4
Total liabilities & equity 613.3 573.7 327.1 327.9 275.2
Key figures
Total debt 85.0 78.6 41.3 87.1 70.8
Net debt / (net cash) (128.0) (159.8) (62.2) (22.6) (31.1)
Shares outstanding mn 1,423.1 1,423.1 1,272.2 1,272.2 1,272.2
Common equity 259.9 241.0 146.5 118.7 101.8
Book value per share (Rs) Rs 182.61 169.33 115.15 93.30 80.05
FFC balance sheet — year-on-year change (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 * Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 * Jan – Dec 2022 FY2021 Jan – Dec 2021
Assets
Cash & short-term investments -10.7% +130.2% -5.7% +7.7% +20.4%
Trade receivables +121.4% +13.1% +5.6% +12.2% +94.7%
Inventories +34.0% +278.7% -50.9% +323.4% +23.1%
Other current assets +66.7% -38.7% +0.5% +13,079.4% -50.6%
Total current assets -0.3% +111.6% -13.5% +24.1% +23.6%
Property, plant & equipment +13.8% +68.0% +19.6% +5.4% +68.6%
Intangible assets +2.4% +2.8% -0.1% -0.2% +0.1%
Long-term investments -1.4% +150.3% -42.9% +0.1% -4.8%
Other non-current assets +8.8% +340.8% 0.0% -2.0% +14.4%
Total non-current assets +16.5% +42.7% +15.8% +13.7% +31.7%
Total assets +6.9% +75.4% -0.3% +19.2% +27.3%
Liabilities
Trade payables -0.6% +86.4% +21.1% +47.9% +52.6%
Short-term borrowings & current portion of debt -26.3% +111.0% -68.6% +42.1% +56.7%
Total current liabilities -1.7% +83.0% -15.7% +42.7% +42.8%
Long-term debt +56.2% +67.0% +9.6% -19.0% +80.1%
Other non-current liabilities +13.7% +61.9% -80.6% -56.9% -35.0%
Total non-current liabilities +36.2% +97.7% -7.5% -29.5% -3.7%
Total liabilities +6.0% +85.8% -14.2% +20.8% +24.6%
Equity
Share capital 0.0% +11.9% 0.0% 0.0% 0.0%
Reserves & retained earnings +8.3% +69.5% +26.2% +18.9% +34.2%
Equity attributable to shareholders +7.8% +64.5% +23.4% +16.5% +28.7%
Non-controlling interest +25.9% +9.3% +26.0% +10.7% —
Total equity +8.1% +63.2% +23.5% +16.4% +32.0%
Total liabilities & equity +6.9% +75.4% -0.3% +19.2% +27.3%
Key figures
Total debt +8.1% +90.1% -52.5% +23.0% +63.3%
Net debt / (net cash) — — — — —
Shares outstanding — — — — —
Common equity +7.8% +64.5% +23.4% +16.5% +28.7%
Book value per share (Rs) +7.8% +47.1% +23.4% +16.5% +28.7%

Change against the previous fiscal year; shown when the earlier figure is positive.

FFC balance sheet — common size (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 * Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 * Jan – Dec 2022 FY2021 Jan – Dec 2021
Assets
Cash & short-term investments 34.7% 41.6% 31.7% 33.5% 37.0%
Trade receivables 5.5% 2.7% 4.1% 3.9% 4.2%
Inventories 11.1% 8.8% 4.1% 8.3% 2.3%
Other current assets 0.0% 0.0% 0.1% 0.1% 0.0%
Total current assets 53.5% 57.3% 47.5% 54.8% 52.6%
Property, plant & equipment 21.6% 20.3% 21.2% 17.7% 20.0%
Intangible assets 0.3% 0.3% 0.6% 0.6% 0.7%
Long-term investments 1.1% 1.2% 0.8% 1.4% 1.7%
Other non-current assets 0.0% 0.0% 0.0% 0.0% 0.0%
Total non-current assets 46.5% 42.7% 52.5% 45.2% 47.4%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 22.6% 24.3% 22.9% 18.9% 15.2%
Short-term borrowings & current portion of debt 5.5% 8.0% 6.6% 21.1% 17.7%
Total current liabilities 42.1% 45.7% 43.8% 51.8% 43.3%
Long-term debt 8.4% 5.7% 6.0% 5.5% 8.0%
Other non-current liabilities 0.6% 0.5% 0.6% 2.9% 8.1%
Total non-current liabilities 14.8% 11.6% 10.3% 11.1% 18.8%
Total liabilities 56.8% 57.3% 54.1% 62.9% 62.1%
Equity
Share capital 2.3% 2.5% 3.9% 3.9% 4.6%
Reserves & retained earnings 40.0% 39.5% 40.9% 32.3% 32.4%
Equity attributable to shareholders 42.4% 42.0% 44.8% 36.2% 37.0%
Non-controlling interest 0.8% 0.7% 1.1% 0.9% 0.9%
Total equity 43.2% 42.7% 45.9% 37.1% 37.9%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 13.9% 13.7% 12.6% 26.6% 25.7%
Net debt / (net cash) (20.9%) (27.9%) (19.0%) (6.9%) (11.3%)
Common equity 42.4% 42.0% 44.8% 36.2% 37.0%

Each line as a percentage of total assets.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.

All reported line items 205
FFC balance sheet — all reported line items (Rs bn)
Rs bn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Cash & Cash Equivalents 14.0 16.0 1.8 5.6 17.5
Cash & Short Term Investments 213.0 238.4 103.5 109.8 101.9
Short-Term Investments - Total 199.0 222.4 101.7 104.1 84.4
Loans & Receivables - Net - Short-Term 43.9 36.8 36.7 41.4 35.6
Loans & Receivables - Total 48.5 38.5 39.3 45.9 38.6
Trade Accounts & Trade Notes Receivable - Net 33.9 15.3 13.5 12.8 11.4
Trade Accounts & Trade Notes Receivable - Gross 34.1 15.5 13.6 12.9 11.4
Provision - Trade Accounts & Trade Notes Receivable 0.2 0.1 0.1 0.0 0.0
Loans - Short-Term 3.0 1.9 1.4 0.7 0.6
Income Tax - Receivables - Short-Term 2.0 14.1 17.0 18.5 16.7
Receivables - Other - Total 5.0 5.4 4.7 9.3 6.8
Accounts & Notes Receivable - Trade - Gross - Total 34.1 15.5 13.6 12.9 11.4
Inventories - Total 68.0 50.7 13.4 27.3 6.4
Inventories - Raw Materials 43.4 34.6 8.4 6.1 5.1
Inventories - Work in Progress 0.9 0.7 0.2 0.1 0.1
Inventories - Finished Goods 18.0 9.3 3.0 19.6 1.1
Inventories - Other - Total 5.7 6.2 1.8 1.5 0.2
Prepaid Expenses - Short-Term 2.7 2.7 1.5 1.0 0.9
Investments - Total 205.7 229.2 104.5 108.9 89.1
Other Current Assets - Total 0.3 0.2 0.2 0.2 0.0
Property, Plant & Equipment - Net - Total 132.5 116.4 69.3 57.9 55.0
Property, Plant & Equipment - Gross - Total 187.5 225.0 124.3 107.9 100.0
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total 55.0 108.5 55.0 49.9 45.0
Other Current Assets 0.3 0.2 0.2 0.2 0.0
Other Assets - Total 0.4 0.3 0.3 0.3 0.0
Investments in Associates, Joint Ventures and Unconsolidated Subsidiaries 139.5 117.9 95.1 79.0 65.7
Intangible Assets - Total - Net 2.0 2.0 1.9 1.9 1.9
Total Current Assets 327.9 328.7 155.4 179.7 144.8
Intangible Assets - excluding Goodwill - Net - Total 0.1 0.1 0.0 0.0 0.0
Investments - Long-Term 6.7 6.8 2.7 4.7 4.7
Investments - Available for Sale/Held to Maturity - Long-Term 6.7 6.8 2.7 4.7 4.7
Goodwill/Cost in Excess of Assets Purchased - Net 1.9 1.9 1.9 1.9 1.9
Receivables & Loans - Long-Term 4.5 1.8 2.6 4.6 3.0
Loans - Long-Term 4.5 1.8 2.6 4.6 3.0
Computer Software - Intangible Assets - Net 0.1 0.1 0.0 0.0 0.0
Intangible Assets - Other - Net — — — — —
Goodwill/Cost in Excess of Assets Purchased - Gross — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total 132.5 116.4 69.3 57.9 55.0
Land & Buildings - Net 8.0 11.3 8.0 7.4 7.3
Land/Improvements - Net 1.0 2.8 1.0 0.5 0.5
Buildings - Net 7.0 8.5 7.0 6.9 6.8
Plant, Machinery & Equipment - Net 32.5 77.2 32.5 31.1 27.9
Transportation Equipment - Net 0.3 1.4 0.3 0.3 0.3
Construction in Progress - Net 11.9 15.4 11.9 2.5 3.1
Property, Plant & Equipment - Under Capital Lease - Net 1.0 6.8 1.0 1.1 1.4
Goodwill - Accumulated Amortization & Impairment — — — — —
Right of Use Tangible Assets - Total - Net 13.7 0.6 13.7 14.0 13.7
Right of Use Tangible Assets - Capital/Finance Lease - Net 13.7 0.6 13.7 14.0 13.7
Property, Plant & Equipment - Other - Net 65.4 5.1 2.2 1.8 1.6
Property, Plant & Equipment - excluding Assets Leased Out - Gross 187.5 225.0 124.3 107.9 100.0
Land & Buildings - Gross 13.2 18.3 13.2 11.9 11.4
Land/Improvements - Gross 1.2 3.5 1.2 0.7 0.6
Buildings - Gross 12.0 14.8 12.0 11.3 10.7
Plant, Machinery & Equipment - Gross 71.1 160.2 71.1 66.9 61.1
Transportation Equipment - Gross 1.2 3.0 1.2 1.2 1.1
Construction in Progress - Gross 11.9 15.4 11.9 2.5 3.1
Property, Plant & Equipment - Under Capital Lease - Gross 2.2 11.1 2.2 2.2 2.2
Right of Use Tangible Assets - Total - Gross 16.4 4.8 16.4 15.5 14.1
Total Assets 613.3 573.7 327.1 327.9 275.2
Right of Use Tangible Assets - Capital/Finance Lease - Gross 16.4 4.8 16.4 15.5 14.1
Property, Plant & Equipment - Other - Gross 72.7 15.2 9.5 8.8 8.2
Debt - Total 85.0 78.6 41.3 87.1 70.8
Short-Term Debt & Current Portion of Long-Term Debt 33.8 45.8 21.7 69.2 48.7
Property, Plant & Equipment - excluding Assets Leased Out - Accumulated Depreciation & Impairment - Total 55.0 108.5 55.0 49.9 45.0
Land & Buildings - Accumulated Depreciation & Impairment 5.1 7.0 5.1 4.5 4.1
Land/Improvements - Accumulated Depreciation & Impairment 0.2 0.7 0.2 0.2 0.2
Buildings - Accumulated Depreciation & Impairment 4.9 6.3 4.9 4.3 3.9
Current Portion of Long-Term Debt including Capitalized Leases 20.7 11.2 11.5 16.4 13.7
Plant, Machinery & Equipment - Accumulated Depreciation & Impairment 38.6 83.0 38.6 35.8 33.1
Transportation Equipment - Accumulated Depreciation & Impairment 0.9 1.6 0.9 0.9 0.8
Capitalized Leases - Current Portion 0.1 0.1 0.0 3.7 2.7
Short-Term Debt & Notes Payable 13.1 34.6 10.2 52.8 35.0
Construction in Progress - Accumulated Depreciation & Impairment 0.0 0.0 0.0 0.0 0.0
Debt - Long-Term - Total 51.2 32.8 19.6 17.9 22.1
Property, Plant & Equipment - Under Capital Lease - Accumulated Depreciation & Impairment 1.2 4.2 1.2 1.1 0.8
Right of Use Tangible Assets - Total/Unspecified - Accumulated Depreciation 2.7 4.3 2.7 1.5 0.4
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation 2.7 4.3 2.7 1.5 0.4
Property, Plant & Equipment - Other - Accumulated Depreciation & Impairment 7.3 10.0 7.3 7.0 6.6
Current Portion of Long-Term Debt excluding Capitalized Leases 20.6 11.2 11.5 12.7 10.9
Assets Held for Sale/Discontinued Operations - Long-Term — — — 0.0 0.0
Capitalized Lease Obligations - Long-Term 0.4 0.3 0.1 0.1 2.9
Long-Term Debt excluding Capitalized Leases 50.8 32.5 19.6 17.8 19.2
Other Non-Current Assets - Total 0.1 0.1 0.0 0.0 0.0
Debt - Non-Convertible - Long-Term 50.8 32.5 19.6 17.8 19.2
Dividends Payable 0.9 0.7 0.5 0.5 0.5
Deferred Tax & Investment Tax Credits - Long-Term 35.9 30.7 12.2 8.8 7.1
Deferred Tax - Liability - Long-Term 35.9 30.7 12.2 8.8 7.1
Prepaid Expenses - Long-Term 0.0 0.0 0.0 0.0 0.0
Payables & Accrued Expenses 184.8 179.7 94.0 76.2 54.1
Trade Account Payables - Total 138.6 139.5 74.8 61.8 41.8
Other Non-Current Assets 0.1 0.1 0.0 0.0 0.0
Accrued Expenses 46.2 40.2 19.1 14.4 12.3
Total Liabilities 348.5 328.8 177.0 206.4 170.8
Shareholders' Equity - Attributable to Parent Shareholders - Total 259.9 241.0 146.5 118.7 101.8
Total Non-Current Assets 285.4 245.0 171.7 148.2 130.4
Common Equity Attributable to Parent Shareholders 259.9 241.0 146.5 118.7 101.8
Common Equity - Contributed 14.3 14.3 12.8 12.8 12.8
Common Stock - Issued & Paid 14.2 14.2 12.7 12.7 12.7
Equity - Non-Contributed - Reserves & Retained Earnings 245.6 226.7 133.7 105.9 89.1
Retained Earnings - Total 219.5 205.8 120.9 93.0 75.8
Trade Accounts Payable & Accruals - Short-Term 184.8 179.7 94.0 76.2 54.1
Comprehensive Income - Accumulated - Total 17.3 12.1 4.0 4.2 4.5
Trade Accounts & Trade Notes Payable - Short-Term 138.6 139.5 74.8 61.8 41.8
Investments - Unrealized Gain/Loss 7.6 4.1 (4.3) (1.8) (0.1)
Accrued Expenses - Short-Term 46.2 40.2 19.1 14.4 12.3
Foreign Currency Translation Adjustment - Accumulated 9.4 7.7 6.9 4.5 3.2
Other Reserves/Equity - Total 8.8 8.8 8.8 8.8 8.8
Income Taxes - Payable - Short-Term 15.4 17.9 9.3 6.6 5.0
Dividends/Distributions Payable 0.9 0.7 0.5 0.5 0.5
Other Current Liabilities - Total 23.1 18.2 17.8 17.5 10.9
Common Equity - Total 259.9 241.0 146.5 118.7 101.8
Security Deposits 0.9 0.6 0.6 0.5 0.4
Common Stock - Additional Paid in Capital including Option Reserve 0.0 0.0 0.0 0.0 0.0
Minority Interest - Equity 4.9 3.9 3.6 2.8 2.6
Customer Advances - Short-Term 17.8 13.2 9.9 12.7 6.4
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 264.8 244.9 150.1 121.5 104.4
Total Liabilities & Equity 613.3 573.7 327.1 327.9 275.2
Provisions - Short-Term 0.0 0.0 0.0 0.0 0.1
Other Current Liabilities 4.4 4.3 7.3 4.3 4.0
Revaluation Reserves 0.4 0.3 1.5 1.4 1.3
Total Current Liabilities 257.9 262.3 143.3 170.0 119.1
Other Non-Current Liabilities - Total 3.4 3.0 1.9 9.6 22.4
Provisions - Long-Term 3.4 3.0 1.8 1.6 1.4
Provisions - Other - Long-Term 3.4 3.0 1.8 1.6 1.4
Deferred Revenue - Long-Term 0.0 0.1 0.1 0.1 0.2
Other Non-Current Liabilities — — — 7.9 20.8
Total Non-Current Liabilities 90.6 66.5 33.7 36.4 51.6
Common Shares - Issued - Total mn 1,423.1 1,423.1 1,272.2 1,272.2 1,272.2
Common Shares - Outstanding - Total mn 1,423.1 1,423.1 1,272.2 1,272.2 1,272.2
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 3,000.0 3,000.0 1,500.0 1,500.0 1,500.0
Common Shares - Issued - Issue Specific mn 1,423.1 1,423.1 1,272.2 1,272.2 1,272.2
Common Shares - Outstanding - Issue Specific mn 1,423.1 1,423.1 1,272.2 1,272.2 1,272.2
Common Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 0.0 0.0
Asset Allocation Factor - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Right of Use Tangible Assets - Total - Net - Supplemental 13.7 0.6 13.7 14.0 13.7
Right of Use Tangible Assets - Capital/Finance Lease - Net - Supplemental 13.7 0.6 13.7 14.0 13.7
Right of Use Tangible Assets - Total - Gross - Supplemental 16.4 4.8 16.4 15.5 14.1
Right of Use Tangible Assets - Capital/Finance Lease - Gross - Supplemental 16.4 4.8 16.4 15.5 14.1
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net - Supplemental 117.8 109.0 54.6 42.8 39.9
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Gross - Supplemental 168.8 209.1 105.6 90.1 83.7
Finance and Operating Lease Liabilities - Total - Supplemental 0.5 0.4 0.1 3.8 5.7
Debt including Finance and Operating Lease Liabilities - Supplemental 85.0 78.6 41.3 87.1 70.8
Net Debt (128.0) (159.8) (62.2) (22.6) (31.1)
Islamic Debt - Long-Term & Short-Term 52.1 24.1 16.1 8.0 4.0
Debt - Long-Term - Maturities - Total 63.0 40.6 27.1 25.3 26.8
Debt - Long-Term - Maturities - within 1 Year 12.2 8.2 7.5 7.5 7.3
Debt - Long-Term - Maturities - Year 2 — — — — —
Debt - Long-Term - Maturities - Year 3 — — — — —
Debt - Long-Term - Maturities - Year 4 — — — — —
Debt - Long-Term - Maturities - Year 5 50.8 32.5 19.4 17.8 19.5
Debt - Long-Term - Maturities - Remaining 0.0 0.0 0.1 0.0 0.0
Debt - Long-Term - Maturities - 2-3 Years — — — — —
Capital Lease Maturities - Total 0.5 0.4 0.1 3.8 5.7
Debt - Long-Term - Maturities - 4-5 Years 50.8 32.5 19.4 17.8 19.5
Capital Lease Maturities - Due within 1 Year 0.1 0.1 0.0 3.7 2.7
Debt - Long-Term - Maturities - Year 6 & Beyond 0.0 0.0 0.1 0.0 0.0
Capital Lease Maturities - Due in Year 2 — — — — —
Capital Lease Maturities - Due in Year 5 0.2 0.3 0.0 0.1 2.9
Capital Lease Maturities - Remaining Maturities 0.2 0.0 0.0 0.0 0.0
Capital Lease Maturities - Due in 4-5 Years 0.2 0.3 0.0 0.1 2.9
Capital Lease Maturities - Due in 2-3 Years — — — — —
Capital Lease Maturities - Due in Year 6 & Beyond 0.2 0.0 0.0 0.0 0.0
Minority Interest - Total 4.9 3.9 3.6 2.8 2.6
Asset Accruals 592.9 554.0 320.7 315.8 252.7
Cash & Cash Equivalents - Total 14.0 16.0 1.8 5.6 17.5
Cash & Short Term Investments - Total 213.0 238.4 103.5 109.8 101.9
Debt - including Preferred Equity & Minority Interest - Total 89.9 82.5 44.9 90.0 73.4
Right of Use Tangible Assets - Total - Accumulated Depreciation - Supplemental 2.7 4.3 2.7 1.5 0.4
Investments - Permanent 146.2 124.6 97.8 83.8 70.4
Net Book Capital 136.8 85.1 87.9 98.9 73.4
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation - Supplemental 2.7 4.3 2.7 1.5 0.4
Net Operating Assets 136.8 85.1 87.9 98.9 73.4
Provisions - Total 39.4 33.7 14.0 10.4 8.6
Shareholders Equity - Common 259.9 241.0 146.5 118.7 101.8
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Accumulated Depreciation - Supplemental 51.0 100.0 51.0 47.3 43.8
Tangible Total Equity 262.8 242.9 148.1 119.6 102.5
Tangible Book Value 257.8 239.0 144.6 116.8 99.9
Total Book Capital 344.8 319.6 187.8 205.8 172.7
Total Capital 349.8 323.5 191.4 208.7 175.2
Total Long Term Capital 355.4 311.4 183.7 157.9 156.0
Unearned Revenue - Total 17.9 13.3 10.0 12.9 6.6
Book Value excluding Other Equity 251.1 232.2 137.7 109.9 93.0
Assets Held for Sale/Discontinued Operations - Long-Term & Short-Term — — — 0.0 0.0
Income Taxes - Payable - Long-Term & Short-Term 15.4 17.9 9.3 6.6 5.0
Accruals - Short-Term 56.0 50.5 10.3 4.1 8.2
Cash & Short Term Investments - Net of Debt 128.0 159.8 62.2 22.6 31.1
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 20.7 11.2 11.5 16.4 13.7
Total Fixed Assets - Net 279.0 241.2 167.1 141.7 125.4
Working Capital 70.0 66.5 12.1 9.7 25.6
Interest Bearing Liabilities - Total 85.0 78.6 41.3 87.1 70.8
Working Capital - Non-Cash (143.0) (171.9) (91.5) (100.1) (76.2)
Working Capital excluding Other Current Assets & Liabilities 92.8 84.5 29.6 27.0 36.5
Net Debt Including Preferred Equity & Minority Interest (123.1) (155.9) (58.6) (19.8) (28.5)
Other Short-Term & Long-Term Assets - Total 0.4 0.3 0.3 0.3 0.0
Other Short-Term & Long-Term Liabilities - Total 23.1 18.2 17.8 25.5 31.7
Total Current Assets excluding Total Inventories 259.9 278.0 142.0 152.4 138.3
Tangible Book Value excluding Other Equity 249.0 230.2 135.8 108.0 91.1
Total Debt Excluding Islamic 32.8 54.5 25.2 79.1 66.8
Trade Accounts & Trade Notes Receivable - Net - Total 33.9 15.3 13.5 12.8 11.4
Provision for Doubtful Accounts & Notes Receivable - Total 0.2 0.1 0.1 0.0 0.0
Current Liabilities excluding Current Debt - Total 224.1 216.4 121.6 100.8 70.4
Cash in Hand & with Banks - Total 14.0 16.0 1.8 2.0 1.8
Current Assets excluding Cash & Short Term Investments - Total 114.9 90.3 51.8 69.9 42.9
Cash, Short Term Investments & Accounts Receivable - Total 246.9 253.7 117.1 122.6 113.3

Every line the company reported, in the original order and wording, without regrouping or signs changed.