Airtel Africa Plc (LON:AAF)

Airtel Africa Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	732	552	620	586	638	813
Short-Term Investments	-	76	346	117	220	257
Cash & Short-Term Investments	732	628	966	703	858	1,070
Cash Growth	67.12%	-34.99%	37.41%	-18.07%	-19.81%	5.94%
Accounts Receivable	200	235	219	204	176	156
Other Receivables	-	84	91	113	81	45
Receivables	200	319	310	317	257	201
Inventory	13	19	26	15	3	7
Prepaid Expenses	-	78	60	70	69	87
Restricted Cash	1,155	952	737	616	513	440
Other Current Assets	420	165	193	177	297	100
Total Current Assets	2,520	2,161	2,292	1,898	1,997	1,905
Property, Plant & Equipment	5,673	5,309	3,542	4,004	3,512	3,031
Long-Term Investments	6	5	5	4	6	4
Goodwill	3,145	3,008	2,569	3,516	3,827	3,835
Other Intangible Assets	893	818	729	1,212	634	735
Long-Term Deferred Tax Assets	471	509	543	337	222	314
Long-Term Deferred Charges	-	45	35	-	-	-
Other Long-Term Assets	207	168	146	195	166	168
Total Assets	12,915	12,023	9,861	11,166	10,364	9,992
Accounts Payable	558	485	422	460	404	366
Accrued Expenses	-	334	287	266	258	248
Short-Term Debt	1,083	444	457	361	552	342
Current Portion of Long-Term Debt	-	651	969	584	234	1,126
Current Portion of Leases	247	231	357	395	323	240
Current Income Taxes Payable	106	89	119	194	220	173
Current Unearned Revenue	158	142	156	188	167	140
Other Current Liabilities	2,395	1,866	1,279	1,124	915	869
Total Current Liabilities	4,547	4,242	4,046	3,572	3,073	3,504
Long-Term Debt	1,269	1,226	947	1,233	1,486	1,871
Long-Term Leases	3,632	3,430	1,732	1,652	1,337	1,037
Long-Term Unearned Revenue	-	3	13	13	18	24
Pension & Post-Retirement Benefits	-	23	20	19	18	18
Long-Term Deferred Tax Liabilities	117	106	67	108	114	81
Other Long-Term Liabilities	266	218	736	761	669	104
Total Liabilities	9,831	9,248	7,561	7,358	6,715	6,639
Common Stock	1,828	1,835	1,875	1,879	1,879	1,879
Retained Earnings	-	4,923	5,056	3,902	3,436	2,975
Treasury Stock	-	-24	-53	-12	-7	-4
Comprehensive Income & Other	921	-4,248	-4,718	-2,134	-1,806	-1,445
Total Common Equity	2,749	2,486	2,160	3,635	3,502	3,405
Minority Interest	335	289	140	173	147	-52
Shareholders' Equity	3,084	2,775	2,300	3,808	3,649	3,353
Total Liabilities & Equity	12,915	12,023	9,861	11,166	10,364	9,992
Total Debt	6,231	5,982	4,462	4,225	3,932	4,616
Net Cash (Debt)	-5,499	-5,354	-3,496	-3,522	-3,074	-3,546
Net Cash Per Share	-1.53	-1.44	-0.93	-0.94	-0.82	-0.94
Filing Date Shares Outstanding	3,641	3,668	3,744	3,751	3,753	3,754
Total Common Shares Outstanding	3,641	3,668	3,744	3,751	3,753	3,754
Working Capital	-2,027	-2,081	-1,754	-1,674	-1,076	-1,599
Book Value Per Share	0.75	0.68	0.58	0.97	0.93	0.91
Tangible Book Value	-1,289	-1,340	-1,138	-1,093	-959	-1,165
Tangible Book Value Per Share	-0.35	-0.37	-0.30	-0.29	-0.26	-0.31
Land	-	24	24	25	26	27
Buildings	-	51	33	43	47	46
Machinery	-	4,034	3,114	4,098	3,887	3,640
Construction In Progress	-	194	232	212	189	166
Leasehold Improvements	-	46	44	49	49	50

Source: S&P Global Market Intelligence. Standard template. Financial Sources.