Bhanero Textile Mills Limited
Statement of Financial Position As at June 30, 2025
Authorized capital
6,000,000 (2024: 6,000,000) ordinary shares of Rs.10 each
Issued, subscribed and paid up capital Reserves
Loans from directors and sponsors Unappropriated profit
NON CURRENT LIABILITIES
Long term financing - secured
Note
5
6
7
8
June 30, 2025 June 30, 2024
Rupees Rupees 60,000,000 60,000,00030,409,640 30,409,640
9,108,598,461 9,108,598,461
183,118,200 180,618,200
1,640,029,176 1,543,487,381
10,962,155,477 10,863,113,682
-
2,988,011,357 3,300,067,962
ASSETS
NON CURRENT ASSETS
CURRENT ASSETS
Note
June 30, 2025
Property, plant and equipment | 19 I | s,s51,084,233 11 | 9,051,463,926 |
Long term deposits | 20 I | 65,231,929 11 | 65,237,929 |
Rupees
8,922,322,162
June 30, 2024
Rupees
9,116,701,855
Staff retirement benefits Deferred taxation
Deferred government grant
CURRENT LIABILITIES
Trade and other payables Unclaimed dividend Accrued markup/ interest
9 413,323,013 342,151,723
10 -
11 558,708,185 731,949,939
3,960,042,555 4,374,169,624
12
13
14
Stores, spares and loose tools 21
Stock in trade ,22
Trade debts 23
Loans and advances 24
Trade deposits and prepayments 25
Other receivables 26
Advance income tax 27
29
Sales tax refundable 28
284,877,976
12,016,094,917
3,63S,024,902
79,291,143
901,656,182
67,621,057
450,212,786
396,074,692
308,372,617
11,747,332,888
3,594,593,076
76,922,215
306,470,627
32,820,322
287,118,358
458,236,921
Short term borrowings - secured Current portion of long term financing Provision for taxation
16
17
15
12,002,814,597 11,427,657,850
Cash and Bank balances
171,836,812 736,372,277
18,002,690,467 17,548,239,301
CONTINGENCIES AND COMMITMENTS 18
TOTAL EQUITY AND LIABILITIES
26,925,012,629 26,664,941,156
TOTAL ASSETS
26,925,012,629
26,664,941,156
The annexed notes from 1 to 53 form an integral part of these financial statements.
�'=' (ii"
CHIEF EXECUTIVE DIRECTOR CHIEF FINANCIAL OFFICER
3,117,714,669
1,831,650
82,354,892
7,908,084,420
892,828,9-66
2,462,664,394
1,831,650
331,423,890
7,770,606,030
861,131,886
-
Bhanero Textile Mills Limited | ||||
Statement of Profit or Loss | ||||
For The Year Ended June 30, 2025 | ||||
Note | June 30, 2025 | June 30, 2024 | ||
Rupees | Rupees | |||
Sales | 30 | 32,907,546,738 | 33,057,244,654 | |
Cost of sales | 31 | (30,319,406,416) | (30,023,432,811) | |
Gross profit | 2,588,140,322 | 3,033,811,843 | ||
Otherincome | 32 | 193,598,624 | 128,313,555 | |
2,781,738,946 | 3,162,125,398 | |||
Distribution cost | 33 | (691,835,314) | (757,124,365) | |
Administrative expenses | 34 | (381,672,868) | (335,713,971) | |
Other operating expenses | 35 | (24,656,283) | (33,376,153) | |
Finance cost | 36 | (1,160,308,271) | (1,866,239,907) | |
(2,258,472,736) | (2,992,454,396) | |||
Profit before Levies and taxation | 523,266,210 | 169,671,002 | ||
Levies | 37 | (411,344,334) | (357,944,172) | |
Profit / (Loss) before taxation | 111,921,876 | (188,273,170) | ||
Taxation | 37.3 | 2,307,177 | 56,512,019 | |
Profit / (Loss) after taxation for the year | 114,229,053 | (131,761,151) | ||
Earnings / (Loss) per share - basic & diluted | 38.1 | 37.56 | (43.36) | |
The annexed notesfrom 1 to 53form an integral part of these financial statements.
CHIEF EXECUTIVE DIRECTOR CHIEF FINANCIAL OFFICER
Bhanero Textile Mills Limited
Statement of Comprehensive Income For The Year Ended June 30, 2025
Profit / (Loss) after taxation for the year Other comprehensive loss
Items that may be reclassified subsequently to profit or loss
Items that will not be reclassified subsequently to
profit or loss
Actuarial loss on remeasurement of employees retirement benefits - gratuity
Related deferred tax on remeasurement of employees retirement benefits - gratuity
Total comprehensive Income / (Loss) for the year
Note
9.2
June 30, 2025 June 30, 2024
Rupees Rupees
114,229,053 (131,761,151)
(17,687,258)
(32,602,984)
(17,687,258) (32,602,984)
96,541,795 (164,364,135)
The annexed notesfrom 1 to 53form an integral part of these financial statements.
CHIEFEXECUTIVE DIRECTOR CHIEF FINANCIAL OFFICER
Bhanero Textile Mills umlted
Statement of Changes In Equity For The Year Ended June 30, 2025
Share capital | Share Premium | Capital Reserve | Revenue Reserves | Loan from directors and sponsor | Total | |
Reserve for Issue of shares | General reserve | Unappropriated yjjg | ||||
Rupees | ||||||
Balance as at June 30, 2023 | 30,000,000 | - | 109,008,101 | 9,000,000,000 | 1,814,285,256 | 149,618,200 | 11,102,911,557 |
Total comprehensive loss for the year Loss for the year | (131,761,151) | (131,761,151) | |||||
Other comprehensive loss | (32,602,984) | (32,602,984) | |||||
Transactions with owners: Final dividend paid for the year ended June 30, 2023 at the rate of PKR 35 per share | (106,433,740) | (106,433,740) | |||||
Loans from directors and sponsors received during the year | 31,000,000 | 31,000,000 | |||||
Shares issued against scheme of management | 409,640 | 108,598,461 | (109,008,101) | ||||
Balance as at June 30, 2024 | 30,409,640 | 108,598,461 | - | 9,000,000,000 | 1,543,487,381 | 180,618,200 | 10,863,113,682 |
Total comprehensive income for the year Profit for the year | 114,229,053 | 114,229,053 | |||||
Other comprehensive loss | (17,687,258) | (17,687,258) | |||||
Loans from directors and sponsors received during the year | 2,500,000 | 2,500,000 | |||||
Balance as at June 30, 2025 | 30,409,640 | 108,598,461 | - | 9,000,000,000 | 1,640,019,176 | 183,118,200 | 10,962,155,477 |
The annexed notes from 1 to 53form an integral part of thesefinancial statements.
CHIEF EXECUTIVE
DIRECTOR
CHIEF FINANCIAL OFFICER
Bhanero Textile Mills Limited
Statement of Cash Flows
For The Year Ended June 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIESProfit before Levies and taxation
Adjustments for:
Depreciation on property, plant and equipment Provision for staff retirement benefits - gratuity Provision for expected credit losses
Gain on disposal of property, plant and equipment Finance cost
Operating cash flows before changes in working capital
Working capital changes
(Increase) / decrease in current assets Inventories
Trade debts
Loans and advances Trade deposits Other receivables Sales tax refundable
Increase in trade and other payables Cash generated from/ (used in) operations
Finance cost paid
Staff retirement benefits - gratuity paid Income taxes and levies paid
Long term deposits
Net cash generated from/ (used in) operating activities
CASH FLOWS FROM INVESTING ACTIVITIESProceeds from disposal of property, plant and equipment Additions in property, plant and equipment
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIESRepayment of long term financing Proceeds from long term financing
Proceeds of loan from directors and sponsors Short term borrowings - net
Dividend paid
Net cash (used in) / generated from financing activities
Net (decrease) / increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Note June 30, 2025
Rupees 523,266,210862,160,149
117,870,1421,614,061
(2,268,208)
1,160,308,271
(245,267,388) | 491,237,499 |
(42,045,887) | (1,076,213,962) |
(2,368,928) | 95,172,683 |
(595,185,555) | (16,480,413) |
(34,800,735) | 55,599,304 |
62,162,229 | 420,597,899 |
(1,409,377,269) | (1,821,068,656) |
(64,386,110) | (60,644,400) |
(572,131,585) | (424,254,060) (21,586,060) |
June 30, 2024
Rupees
169,671,002
867,1S9,859
106,964,102
1,467,371
(5,473,099)
1,866,239,907
3,006,029,142
(857,506,264) | (30,086,990) | |
655,050,275 | 418,028,420 | |
2,460,494,636 | 3,393,970,572 | |
(2,045,894,964) | (2,327,553,176) | |
414,599,672 | 1,066,417,396 | |
11,242,623 | 20,087,737 | |
(676,754,871) | (762,551,355) | |
(665,512,248) | (742,463,618) | |
(668,245,279) | (481,080,862) | |
214,644,000 | 171,160,195 | |
2,500,000 | 31,000,000 | |
137,478,390 | 448,734,614 | |
(106,324,739) | ||
(313,622,889) | 63,489,208 | |
(564,535,465) | 387,442,986 | |
736,372,277 | 348,929,291 | |
29 | 171,836,812 | 736,372,277 |
The annexed notes from 1 to 53form an integral part of thesefinancial statements.
CHIEF EXECUTIVE DIRECTOR
CHIEF FINANCIAL OFFICER