Analysis of Financial Position
For the year ended June 30, 2023
Rupees In Millions |
|
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
Shareholders' equity |
216,560 |
215,649 |
139,978 |
113,061 |
119,181 |
110,452 |
Non-current assets |
60,047 |
53,624 |
51,297 |
49,611 |
32,854 |
24,561 |
Current assets |
923,349 |
845,830 |
327,962 |
293,261 |
384,225 |
378,001 |
Non-current liabilities |
18,491 |
16,548 |
12,239 |
12,461 |
7,528 |
5,165 |
Current liabilities |
748,345 |
667,258 |
227,043 |
217,350 |
290,371 |
286,945 |
Analysis of Financial Position
As of June 30, 2023, variation as compared to June 30, 2022 is as follows:
-
Shareholders' equity increased by 0.42% primarily due to profit retained during the year.
-
Non-current assets increased by 11.98% mainly due to additions in property, plant & equipment and increase in deferred
tax asset due to imposition of super tax.
-
Current assets increased by 9.16% primarily due to increase in trade debts on account of increase in receivables from SNGPL.
-
Increase in non-current liabilities by 11.74 % mainly due to increase in retirement & other service benefits and lease liability.
-
Increase in current liabilities by 12.15% mainly due to increase in short-term borrowings to finance working capital needs.