Sui Southern Gas
sscc Gompany Limited
SSGC/CS/2026-037
26 February 2026
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi.
SUBJECT: FINANCIAL RESULTS FOR THE HALF YEAR ENDED 31 DECEMBER, 2025
Dear Sir,
We have to inform you that the Board of Directors in its meeting held on 26" February, 2026 at 2:00 p.m., at SSGC Board Room, Head Office Building, Gulshan-e-lqbal, Karachi (through Zoom) recommended the following:
I. Cash Dividend Nil
Bonus Shares NilRight Shares Nil
Any Other Entitlement/ Corporate Action Nil
Any Other Price-Sensitive Information Nil
The financial results of the Company for the half year ended 31 December 2025 approved by the Board of Directors are attached as Annexure A and B.
As disclosed in Note 3.2, the Company had previously been granted exemption from compliance with IFRS 14 by the Securities and Exchange Commission of Pakistan (SECP) until 30 June 2024. Thereafter, SECP has communicated that SSGC is classified as a State-Owned Enterprise (SOE) and SECP do not have any powers to grant exemptions from the applicability of any provision of the Act. Consequently, the Company has approached the Ministry of Energy (Petroleum Division), which in turn consulted the Ministry of Finance. The Ministry of Finance, vide its letter dated 06 August 2025, advised that the matter be placed before the Cabinet Committee on State-Owned Enterprises (CCoSOEs) for consideration under sub-section (2) of Section 3 of the State-Owned Enterprises (Governance and Operations) Act, 2023.
The Company, through the Petroleum Division, is now in the process of seeking the requisite exemption from the CCoSOE s for the applicability of IFRS 14 (and IFRS 9, where relevant) in respect of State-Owned Gas Utilities.
Page 1 of 3
SSGC House, Sir Shah Suleman Road, Gulshan-e-lqbal, P.O. Box 17989, Karachi-75300
PABX Telephone 99021000, Fax 92-21-99231550,
Website https://www.ssgc.com.pk
Sui Southern Gas Company Limited
SSGC House, Sir Shah Suleman Road, Gulshan-e-lqbal, Karachi
Auditors' Review Report:
The Auditors in their review report on the Interim Financial Statements for half year ended 31 December 2025 have stated:
"Basis for Qualified Conclusion
As disclosed in notes 7.1 and 7.2 to these condensed unconsolidated interim financial statements, trade debts include receivables of Rs. 26,289 million and Rs. 21,770 million from K-Electric Limited (KE) and Pakistan Steel Mills Corporation (Private) Limited (PSML), respectively. Significant portion of such receivables include overdue amounts, which have been considered good by management and classified as current assets in the condensed unconsolidated interim financial statements. Further, KE and PSML have disputed the Late Payment Surcharge (LPS) on their respective outstanding balances, as disclosed in the notes to the condensed unconsolidated interim financial statement as unrecognized LPS. As a result, management has decided to recognize LPS from these entities on a receipt basis, effective July 01, 2012.
Due to the adverse operational and financial conditions of PSML and disputes with KE and PSML with the Company on LPS, and large accumulation of their respective overdue amounts, we were unable to determine the extent to which the total amounts due from KE and PSML were likely to be recovered including the timeframe over which such recovery will be made.
As disclosed in note 3. 2 to the condensed unconsolidated interim financial statements, the Company was exempt to comply with the requirements of IFRS 14- Regulatory Deferral Accounts in relation to the preparation of the financial statements till June 30, 2024 by the Securities and Exchange Commission of Pakistan (SECP) vide its letter SMD/PRDD/Comp/(4)/2021/168 dated December 03, 2024. The Company has taken up the matter with concerned authorities to seek further exemption from the applicability of the aforesaid IFRS vide its letter MD/MoE/12/2025 dated June 17, 2025. In the absence of the related exemption for the current reporting period, the Company has not complied with the requirements of IFRS 14 including necessary accounting adjustments, presentation and related disclosure requirements necessary to be incorporated in these condensed unconsolidated interim financial statements. Had the Company incorporated the consequential accounting effects including related disclosures, the reported balances of the Tariff adjustment in other receivable and trade and other payable (note 9.1 and 13.3), Tariff adjustment amount in net revenue (note 17) and Earnings /loss per share (note 23) would have required adjustments, effect of which remains indeterminable.
Page 2 of 3
Sui Southern Gas Company Limited
SSGC House, Sir Shah Suleman Road, Gulshan-e-Iqbal , Karachi
Quolified Conclusion
Except for the adjustments, to the condensed unconsolidated interim financial statements that we might have become aware of had it not been for the situation described above, based on our review, nothing has come to our attention that causes us to believe that the accompanying condensed unconsolidated interim financial statements as at and for the half year ended December 31, 2025 are not prepared, in all material respects, in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting.
Emphasis o/Matter
i. note 16.1 to the condensed unconsolidated interim financial statements which inter alia describe that the Company is subject to various material litigations and claims pending adjudication in different courts and forums. The outcome of these cases is uncertain and beyond management's control;
z. note 13.2 to the condensed unconsolidated interim financial statements which describe that the Company has not recognized the accrued markup up to December 31, 2025 amounting to Rs. 428,977 million relating to Government Controlled E&P Companies based on Government advice and a legal opinion
Our cone/usion is not modified in respect of the above stated matters."
Thanking you. Yours Sincerely,
Fawad Ahmed Khan Company Secretary
Encl: aa
CC: Executive Director / HOD
Offsite -II Department, & Supervision Division, Securities and Exchange Commission of Pakistan, NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad
Page 3 of 3
SUI SOUTHERN GAS COMPANY LIMITED
Annexure - A
CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025
ASSETS
Non-current assets
December 31, June 30,
2025 2025
(Unaudited) (Audited) Note --------(Rupees in '000)--------
Property, plant and equipment | 5 | 240,226,365 | 228,656,118 |
Intangible assets | 216,488 | 255,948 | |
Right of use assets | 91,571 | 87,460 | |
Deferred taxation | 14,931,715 | 11,160,804 | |
Long term investments | 6 | 1,606,973 | 1,556,387 |
Long term loans | 450,895 | 518,309 | |
Long term deposits 23,944 23,030 | |||
Total non-current assets | 257,547,951 | 242,258,056 | |
Current assets | |||
Stores, spares and loose tools | 5,279,287 | 4,350,843 | |
Stock-in-trade | 3,446,087 | 3,2l4,955 | |
Customers' installation work in progress | 269,671 | 249,970 | |
Trade debts | 7 | 130,795,274 | 130,704,773 |
Loans and advances | 431,632 | 1,017,033 | |
Advances, prepayments and deposits | 865,090 | 664,034 | |
Interest accrued | 8 | 721,502 | 690,544 |
Other receivables | 9 | 689,603,899 | 681,401,627 |
Taxation - net | 46,502,808 | 48,768,689 | |
Cash and bank balances | 2,057,463 | 1,187,075 | |
Total current assets Total assets
879,972,713 872,249,543
1,137,520,664 l,l 14,507,599
The annexed notes I to 33 form an integral part of these condensed unconsolidated interim financial statements.
Page - I
SUT SOUTHERN GAS COMPANY LIMITED
CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025
December 31, June 30,
2025 2025
8,028,354 | 11,049,039 |
41,554,479 | 39,086,356 |
10,315,997 | 9,623,940 |
381,300 | 430,722 |
5,280,222 | 5,612,881 |
13,164,405 | 12,248,838 |
18,734 | 11,732 |
3,566,670 | 3,610,466 |
(Unaudited) (Audited) Note --------(Rupees in '000)--------
EQUITY AND LIABILITIES SHARE CAPITAL AND RESERVES | |||
Authroised Share Capital | 10.000,000 | 10.000,000 | |
Issued, subscribed and paid-up capital Reserves | 8,809,163 | 8,809,163 | |
Capital Reserves | |||
Surplus on revaluation of property plant and equipment | 59,835,137 | 59,835,137 | |
Other reserves | 234,868 | 234,868 | |
Revenue Reserves | (60,710,836) | (60,610,718) | |
LIABILITIES | 8.168,332 | 8,268,450 | |
Non-current liabilities | |||
Long term financing | 10 | ||
Security deposit | |||
Employee benefits | |||
Payable against transfer of pipeline | |||
Deferred credit | l1 | ||
Contract liabilities | 12 | ||
Lease liability | |||
Long term advances | |||
Total non-current liabilities | 82,310,161 | 81,673,974 | |
Current liabilities | |||
Current portion of: | |||
Long term financing | 10 | ||
Payable against transfer of pipeline | |||
Deferred credit | I l | ||
Contract liabilities | 12 | ||
Lease liabilities | |||
Trade and other payables | 13 | ||
Short term borrowings | 14 | ||
Unclaimed dividend | |||
Interest accrued | 15 | ||
Total current liabilities | 1.047.042,171 1,024,565,176 | ||
Total liabilites Total equity and liabilities | 1,129,352,332 1,106,239,150 l,l 37,520,664 1,114,507,600 | ||
CONTINGENCIES AND COMMITMENTS | 16 | ||
33,687,851 | 42,354,518 |
96,681 | 92,447 |
622,237 | 573,451 |
323,936 | 334,269 |
75,679 | 78.527 |
900,032,866 | 895,653,702 |
109,083,682 | 82,806,374 |
603,686 | 341,320 |
2,5l5.553 | 2,330,568 |
The annexed notes 1 to 33 form an integral part of these condensed unconsolidated interim financial statements.
Page - 2
SUI SOUTHERN GAS COMPANY' LI MITED
CONDENSED UNCONSOLIDATED IN'TERI8J STATEMENT OF PROFIT OR LOSS FOR THE HALF YEAR AND Qt ARTER ENDED DECE8IBER 31, 2025 (I .4t DITED)
Half year ended Quarter ended
December 31, 2025 Note | December 31, December 31, 2024 2025 (Rupees in '000) | December 31, 2024 | |||
Revenue from contracts with customers - Gas sales | 17 | 189.106.024 | 244.091.531 | 91.204,421 | 111,150,475 |
Less: Tariff adjustments | 18 | (7.592.151) | (19.746,J70) | 2,934.299 | (1.793,807) |
Net revenue | 181,513.873 | 224.344,961 | 94.138,720 | 109,356,668 | |
Cost of revenue | 19 | (178,068.004) | (217,022,469) | (90.743.689) | (106,654,856) |
Gross Profit | 3.445.869 | 7.322.492 | 3.395,031 | 2.701.812 | |
Administrative and selling expenses | |||||
Other operating expenses | 20 | ||||
Allowance for expected credit loss | |||||
(10.765.170) | (6.494.941) | (6,280,758) | (3,228,536) | ||
(7,319.301) | 827,551 | (2,885,727) | (526,724) | ||
Other incornc | 21 | 16.616.507 | 12.835,484 | 7.485,207 | 5.859,955 |
Operating profit | 9.297.206 | 13.663,035 | 4,599,480 | 5,333,231 | |
Finance cost | (8.055,957) | t6.713,701) | (4.760,540) | (3.298.351) | |
Profit / (loss) before levy and taxation | 1.241.249 | 6,949,334 | (161,060) | 2,034,880 | |
(949.839)
(258,007)
110.065
(217.707)
( 1.656) (2,966) (1,371) (194)
(3,922,408) | (3,614,337) | (2.042,458) | (1,806,850) |
(165.058) | (496,772) | (147,281) | (828,450) |
(6,677,704) | (2.383,832) | (4.091.019) | t593,236) |
Minimum tax differential Final tax
(951,495) | (260,973) | 108.694 | (217,901) | ||
Profit / (loss) before taxation Taxation | 22 | 289,754 | 6.688,361 | (52,366) | 1,816,979 |
Profit / (loss) for the period | 289.754 | 6.688.3h 1 | (52.366) | 1.816.979 | |
Earning / (loss) per share - basic and diluted (Rupees) | 23 | 0.33 | 7. _ | (0.06) | 2.06 |
The annexed notes 1 to 33 form an integral part of these condensed unconsolidated interim financial statements.
SUI SOUTHERN GAS COMPANY LIMITED
CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF COMPREHENSIVE INCOME FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2025 (UNAUDITE D)
Half year ended Quarter ended
December 31, | December 31, | December 31, | December 31, | ||||
2025 | 2024 | 2025 | 2024 | ||||
Profit / (Loss) for the period | ---------- 289,754 | ----------(Rupees in '000)------------------- 6,688,361 (52,366) 1,8 I 6,979 | |||||
Other comprehensive income | |||||||
ltems that will not be reclassified to profit or loss in subsequent periods: | |||||||
Remeasurement gain / (loss) on investment through other comprehensive income | 50,586 | 198,489 | (36,859) | 192,845 | |||
Total comprehensive income / (loss) for the period | _ 340,340 | 6 86 850 | 89 25 | 009.824 | |||
The annexed notes I to 33 form an integral part of these condensed unconsolidated interim financial statements.
SUI SOUTHERN GAS COMPANY LIMITED
CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE HALF h'EAR ENDED DECEMBER 31, 2025 (UNAUDITED)
Issued, subscribed capital | CaJiital Reserves | Revenue Rcscrvcs | Total Equity | |||
Other Reserves | Surplus on revaluation of property plant end equipment | Other Reserves | Surplus on remeasurement of FVTOCI investments | Accumulated losses | ||
--- ---------- -----------------(Rupees in '000) -- ---------------------- --------
Balance as at Jul3' 1, 2024 (Audited)
Totsl comprehensive income for the period ended December 31, 2024
Profit for the period
Other comprehensive income for the period Balance as at December 31, 2024
Balance as at July I, 2025 (Audited)
Transactions with the owners in their capacity as owners
8,809,1G3
198,489 | 6,688,361 6,688,361 198,489 |
8,809,163
8,809,163
234,868
234,868
234,868
59,835,137
59,83fi,137
4,672,533
4,672,?33
4,672,533
220,178 (67,854,673) 5,917,206
198,489 6,688,361 6,886,850
418,667 (61,l66,312J 12,804,056
417,582 (65,700,833) 8,268,450
Final dividend for the fiscal year 2024-25 @ Rs. 0. S0 per share
(440,458)
(440,458)
Total comprcl+ensive income for the period
ended December 3l, 202a
Profit for the period
Other comprehensive income for the period Total comprehensive income for the period
- 50.586
289,754
289,754
50.586
340,340
Balance as at December 31, 2025 8,809,163 234,868 59,835,137 4 672 533 468 168 65 851 537 8 168 332
The annexed notes 1 to 33 form an integral part of these condensed unconsolidated interim financial statements.
SUI SOUTHERN GAS COMPANY LIMITED
CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF CASH FLOW FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (UNAUDITED)
Half Year ended December 31, December 31,
2025 2024
Note --------(Rupees in '000)--------
CASH FLOW FROM OPERATING ACTIVITIES
Profit before taxation
Cash generated from operations Financial charges paid
Employee benefits - post-retirement medical benefit Payment for retirement benefits
Long term deposits
Loans and advances to employees Interest income received
Income taxes paid
Net cash from operating activities
CASH FLOW FROM INVESTING ACTIVITIES
Acquisition for property, plant and equipment Payments against transfer of pipeline
Proceeds from sale of property, plant and equipment Dividend received
Net cash (used in) investing activities
CASH FLOW FROM FINANCING ACTIVITIES
Repayments of loans
Proceeds from consumer finance Repayment of consumer finance Dividend paid
Repayment of lease liability
Net cash (used in) financing activities Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of the period
24
1,241,249 | 6,949,334 |
10.271,833 | 13,833,067 |
(8,300,046) | (7,558,542) |
(99,127) | (111,260) |
(407,994) | (1,534,731) |
2,467,209 | 7,101,785 |
652,815 | 352,231 |
67,394 | 313,090 |
(2.456,526) | (9,014,090) |
3,436,807 10,330,884
(16,903,024) | (16,262,712) |
(67,866) | (67,866) |
53,149 | 39,600 |
11.039 | 19,774 |
(16,906,702) (16,271,204)
(I 1,708,333) | (3,839,365) |
3,978 | |
(' i5) | (137) |
(178,092) | |
(54,463) | (56,901) |
(11,937,025) (3,896,403)
(25,406,920) (9,836,723)
(81,619,299) (36,651,604)
25 (107,026,219) (46,488.327)
The annexed notes I to 33 form an integral part of these condensed unconsolidated interim financial statements.
SUI SOUTHERN GAS COMPANY LIMITED
Annexure - BCONDENSED CONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION
AS AT DECEMBER 31, 2025
ASSETS
Property, plant and equipment | 5 | 243,680,032 | 232,203,374 |
Intangible assets | 216,486 | 255,948 | |
Right of use assets | 104,802 | 101,639 | |
Deferred taxation | 14,846,007 | 11,067,233 | |
Long term investments | 6 | 504,695 | 454,109 |
Long term loans | 175,895 | 193,309 | |
Long term deposits 24,952 24,038 | |||
Total non-current assets | 259,552,869 | 244,299,650 | |
Current assets | |||
Stores, spares and loose tools | |||
Stock-in-trade | |||
Customers' installation work in progress | |||
Trade debts | 7 | ||
Loans and advances | |||
Advances, prepayments and deposits | |||
Interest accrued | 8 | ||
Other receivables | 9 | ||
Taxation - net | |||
Short term investments | |||
Cash and bank balances | |||
Non-current assets
December 31, June 30,
2025 2025
(Unaudited) (Audited) Note --------(Rupees in '000)--------
Total current assets
Total assets
885,233,324 877,592,178
5,287,195 | 4,357,324 |
4,032,197 | 3,915,698 |
269,671 | 249,970 |
130,854,190 | 130,763,860 |
142,890 | 620,604 |
1,018,610 | 810,794 |
715,211 | 682,659 |
689,867,570 | 681,809,187 |
48,770,071 | 51,327,204 |
129,223 | 129,223 |
4,146,496 | 2,925,655 |
1.144,786,193 1,121,891,828
The annexed notes 1 to 32 form an integral part of these condensed consolidated interim financial statements.
Page - 1
SUI SOUTHERN GAS COMPANY LIMITED
CONDENSED CONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION
AS AT DECEMBER 31, 2025 December 31, June 30,
2025 2025
(Unaudited) (Audited)
Note -------(Rupees in '000)--------
8,028,353 | 11,049,039 |
42,389,797 | 39,903,488 |
10,335,460 | 9,631,488 |
381,300 | 430,722 |
5,280,224 | 5,612,881 |
13,164,405 | 12,248,838 |
36,435 | 31,812 |
3,566,670 | 3,610,466 |
EQUITY AND LIABILITIES
SnARE CAPITAL AND RESERVES | |||
Authorized Share Capital | 11,020,000 | 10,000,000 | |
Issued, subscribed and paid-up capital | 8,809,163 | 8,809,163 | |
Reserves | 4,907,401 | 4,907,401 | |
Surplus on re-measurement of FVTOCI securities | 468,168 | 417,582 | |
Surplus on revaluation of property, plant and equipment | 60,742,638 | 60,742,638 | |
Accumulated loss (61,869,822) (62,729,565) | |||
LIABILITIES | 13,057,548 | 12,147,219 | |
Non-current liabilities | |||
Long term financing | 10 | ||
Security deposit | |||
Employee benefits | |||
Payable against transfer of pipeline | |||
Deferred credit | 1 I | ||
Contract liabilities | 12 | ||
Lease liability | |||
Long term advances | |||
Total non-current liabilities | 83,182,645 | 82,518,734 | |
Current liabilities Current portion of | |||
Long term financing | 10 | ||
Payable against transfer of pipeline | |||
Deferred credit | 11 | ||
Contract liabilities | 12 | ||
Lease liabilities | |||
Trade and other payables | 13 | ||
Short term borrowings | 14 | ||
Unclaimed dividend | |||
Interest accrued | 15 | ||
Total current liabilities | 1,048,546,002 l,027,225,875 | ||
Total liabilities | 1,131,728,647 1,109,744,609 | ||
Total equity and liabilities | 1,144,786,193 1,121,891,828 | ||
CONTINGENCIES AND COMMITMENTS | 16 | ||
33,687,851 | 42,354,518 |
96,681 | 92,447 |
622,236 | 573,451 |
323,936 | 334,269 |
81,230 | 82,352 |
901,531,147 | 898,310,576 |
109,083,682 | 82,806,374 |
603,686 | 341,320 |
2.515,553 | 2,330,568 |
The annexed notes I to 32 form an integral part of these condensed consolidated interim financial statements.
SUI SOUTHERN GAS COMPANY LIMITED
CONDENSED CONSOLIDATED INTERIM STATEMENT OF PROFIT OR LOSS
FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2025 (UNAUDITED)
Note
Half year ended Quarter ended December 31, December 31, December 31, December 31,
2025 2024 2025 2024
--------------------(Rupees in '000)--------------------
(4,043,994) | (3,709,240) | (2,116,352) | (1,857,004) |
(167,596) | (497,673) | (79,296) | (228,734) |
(6.677,704) | (2,383,832) | (4,091,019) | (593,236) |
Revenue from contracts with customers - Gas sales 17 202,577,315 247,563,606 98,453,575 112,398,844 Less: Tariff adjustments 18 (7,592,151) (19,746,570) 2,934,298 (l,793,807) Net revenue 194,985,164 227,817,036 101,387,873 110,605,037 Cost of revenue 19 (189,823,214) (219,845,505) (96,976,676) (107,672,953) Gross Profit 5,161,950 7,971,531 4,411,197 2,932,084
Administrative and selling expenses
Other operating expenses 20
Allowance for expected credit loss
(949,839) | (301,408) | 110,065 | (233,31 2) |
(1,656) | (2,966) | ( 1,371) | (196) |
Other income Operating profit Finance cost
( 10,889,294) (6,590,745) (6,286,667) (2,678,974) (5,727,344) 1,380,786 ( 1,875,470) 253,110
21 I 6,696,225 12,892,828 7,543,766 5,296,021
10,968,881 14,273,614 5,668,296 5,549,131
(8,059,981) (6,719,317) (4,761,538) (3,302,676)
Profit before levy and taxation Levy | 2,908,900 | 7,554,297 | 906,758 | 2,246,455 | |
Minimum tax differential | |||||
Final tax | |||||
(951,495) | (304,374) | 108,694 | (233,508) | ||
Profit before taxation | 1,957,405 | 7,249,923 | 1,0 15,452 | 2,0 12,947 | |
Taxation | 22 | (657,204) | (194,639) | (500,370) | (152,450) |
Profit for the period | 1,300,20 1 | 7,055,284 | 515,082 | 1,860,497 | |
Earning per share - basic and diluted | 23 | 1.00 | 8.00 | 1.00 | 2.00 |
The annexed notes 1 to 32 form an integral part of these condensed consolidated interim financial statements.
St I SOL'THERN GAS COMPANY LIMITED
CONDENSED CONSOLIDATED INTERIM STATEMEh T OF COMPREHENSI¥'E 1NCO$JE
FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2025 (I NAL DITED)
Half yesr ended Quarter ended
December 31, | December 31, | December 3I, | December 31, | ||||
2025 | 2024 (Rupees | 2025 iii '000) | 2024 | ||||
Profit for the period | I ,300,201 | 7,055,284 | 5I 5,082 | 1.860,497 | |||
Other comprehensive income | |||||||
Items that will not be reclassified to profit or loss in subsequent periods: | |||||||
Remeasurement gain / (loss) on investment through other comprehensive income | 50,586 | 198,489 | (36,859) | 192,845 | |||
Total comprehensive income for the period | 1,350,787 | 7,253,773 | 478,223 | 2,053,342 | |||
The annexed notes 1 to 32 form an intcgral part of these condensed consolidated interim financial statements.
StII SOUTHERN GAS COST P.ANh LIMITED
€?ONDENSED CONSOI.ID.4TED INTERIM SJ'ATEJ¥IENT OF CHANGES IN EQI'ITh' FOR THE HALF ¥'EAR ENDED DECEMBElt 31, 2025 (UNAUDITED)
Issued, subscribed qnd paid-up capital | Reserves | Surplus on remeasurement of FYTOCI investments | Surplus on revaluation of property plant and equipment | Accumulated losses | Total Equity | |
Capital Iteserves | Revenue iteserves | |||||
(Rupees in '000) - -
Balance as at July 1, 2024 (.4 udited)
Total comprehensive income for the period ended December 31, 2024
Protit for the period
Other comprehensive income for the period Total comprehensive income for the period Balance as at December 3l, 2024
Balance as at July I, 2025 (A udited)
Transactions with the uwners in their capacity as owners
Final dividend for the fiscal year 2024-25 o Rs. (1.50 per share
Total comprehensive income for the period endetl I3ecember 3I, 202a
Protit mm the period
Clther comprehensive income for the period Total comprehensive income for the period Ralance as at December 31, 2025
8,809,163
8,8t19,163
8,809,163
50,586 | 1,300,201 | 1,300,201 50.586 |
8,809,163
234,868 J,672,S35
234,868 4,672,533
234,868 4,672,533
234,868 4,672,533
220,178 60,742,638 (65,629,182) 9,050,198
7,055.284
198,489
7,055.284
198.489
198,489 - 7,055.284 7,253,773
418,667 60,742,638 t58,573,898) 16,303,971
417,582 60,742,638 (62,729,565) 12,147,219
(440.458) (440,458)
50,586 1,300.201 1,350.787
468,168 60,742,638 (61,869,822) 13,057,548
0 $)
The annexed notes 1 to 32 torm an integral part of' these condensed consolidated interim financial statements.
SUI SOUTHERN GAS COMPANY LIMITED
CONDENSED CONSOLIDATED INTERIM STATEMENT OF CASH FLOW FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (UNAUDITED)
CASH FLOW FROM OPERATING ACTIVITIES
Profit before taxation
Cash generated from operations Financial charges paid
Employee benefits - post-retirement medical benefit Payment for retirement benefits
Long term deposits
Loans and advances to employees Interest income received
Income taxes paid
Net cash generated from operating activities
CASH FLOW FROM INVESTING ACTIVITIES
Acquisition for property, plant and equipment Payments against transfer of pipeline
Proceeds from sale of property, plant and equipment Dividend received
Net cash used in investing activities
CASH FLOW FROM FINANCING ACTIVITIES
Repayments of loans
Proceeds from consumer finance Repayment of consumer finance Dividend paid
Repayment of lease liability
Net cash used in financing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of the period
Half Year ended December 31, December 31,
2025 2024
Note --------(Rupees in '000)--------
2,908,900 | 7,554,297 |
9,525,468 | 13,650,850 |
(8,330,045) | (9,137,897) |
(96,270) | (112,267) |
(407,994) | (l,534,731) |
2,485,395 | 7,116,137 |
495,128 | 108,659 |
74,824 | 308,920 |
(2,830,341) | (9,263,646) |
24
3,825,065 8,690,322
(16,938,546) | (l4,9l6,752) |
(67,866) | (67,866) |
53,146 | 39,951 |
11,039 | 19,774 |
(16,942,227) (14,924,893)
(11,708,333) | (3,839,365) |
3,978 | |
(1 15) | (137) |
(178,092) | - |
(56,743) | (58,224) |
(11,939,305) (3,897,726)
(25,056,467) (10,132,297)
(79,880,719) (35,639,261)
25 (104,937,186) (45,77l,558)
The annexed notes 1 to 32 form an integral part of these condensed consolidated interim financial statements.