Karachi: Attock Cement Pakistan Limited has reported a decline in its total assets and liabilities for the fiscal year ending on August 11, 2025. The financial statements indicate a reduction in both categories, reflecting various shifts within the company's financial structure.
According to the latest figures, the total assets of Attock Cement Pakistan Limited stand at 50.42 billion, a decrease from the previous year's total of 53.17 billion. This change can be attributed to the divestment of certain investments, notably the absence of investment held for sale this year, which previously accounted for 3.26 billion.
The company’s non-current assets showed a minor move with a slight reduction in fixed assets, property, plant, and equipment, while notable increases were observed in long-term investments and loans and advances. Employee benefit prepayments were not recorded this year, marking a significant change in the company's asset distribution.
Current assets experienced a moderate move, driven by changes in trade receivables and cash and bank balances. Inventories saw a big move with an increase, whereas trade receivables decreased, impacting the overall current assets. The cash and bank balances of the company increased significantly, reflecting a very large or significant move in liquidity.
On the liabilities side, total liabilities amounted to 27.92 billion, reflecting a very large or significant move compared to the previous year's figure of 31.66 billion. This decrease is seen in both non-current and current liabilities. Long-term loans and deferred income from government grants experienced a reduction, while deferred tax liabilities increased with a big move.
Current liabilities showed a reduction, with trade and other payables and short-term borrowings decreasing. Accrued mark-up also dropped, marking a moderate move in the financial obligations of the company.
The equity of the company increased to 22.50 billion from 21.52 billion, with unappropriated profit contributing significantly to this rise. The issued, subscribed, and paid-up share capital remained unchanged.
According to information available from the Pakistan Stock Exchange (PSX), these financial adjustments reflect Attock Cement Pakistan Limited's strategic financial management in navigating the current market environment.
Overall, the financial statements of Attock Cement Pakistan Limited for the fiscal year ending in 2025 indicate a strategic shift in asset management and liability reduction, reflecting the company's efforts to streamline its financials and optimize profitability.