Airtel Africa Plc (LON:AAF)

Airtel Africa Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	713	679	220	-165	663	631
Depreciation & Amortization	1,074	1,006	829	786	818	744
Other Amortization	41	41	2	2	-	-
Loss (Gain) on Equity Investments	1	-	-	-	-	-
Other Operating Activities	1,169	1,068	928	1,461	699	605
Change in Accounts Receivable	27	16	-30	-79	-45	-18
Change in Inventory	-5	-2	1	-16	-13	4
Change in Accounts Payable	95	67	69	56	9	34
Change in Unearned Revenue	63	70	15	21	37	27
Change in Other Net Operating Assets	235	250	232	193	61	-16
Operating Cash Flow	3,413	3,195	2,266	2,259	2,229	2,011
Operating Cash Flow Growth	41.03%	41.00%	0.31%	1.35%	10.84%	20.71%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-921	-753	-736	-868	-779	-717
Divestitures	-	-	-	-	-	250
Sale (Purchase) of Intangibles	-141	-122	-123	-161	-502	-22
Investment in Securities	31	-134	271	-232	224	-87
Other Investing Activities	25	23	26	33	31	19
Investing Cash Flow	-1,006	-986	-562	-1,228	-1,026	-557

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Issued	-	1,133	1,383	713	906	973
Total Debt Issued	1,061	1,133	1,383	713	906	973
Long-Term Debt Repaid	-	-1,368	-1,622	-874	-1,297	-2,366
Total Debt Repaid	-1,428	-1,368	-1,622	-874	-1,297	-2,366
Net Debt Issued (Repaid)	-367	-235	-239	-161	-391	-1,393
Repurchase of Common Stock	-83	-74	-120	-11	-8	-6
Common Dividends Paid	-246	-246	-229	-212	-195	-169
Other Financing Activities	-1,053	-1,036	-955	-460	-545	-39
Financing Cash Flow	-1,749	-1,591	-1,543	-844	-1,139	-1,607

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	73	107	-1	-128	-70	-3
Net Cash Flow	731	725	160	59	-6	-156

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	2,492	2,442	1,530	1,391	1,450	1,294
Free Cash Flow Growth	45.05%	59.61%	9.99%	-4.07%	12.06%	26.74%
Free Cash Flow Margin	36.24%	37.91%	30.74%	27.82%	27.52%	27.39%
Free Cash Flow Per Share	0.68	0.67	0.41	0.37	0.39	0.34
Levered Free Cash Flow	1,327	1,217	946.75	415.13	622.88	656.63
Unlevered Free Cash Flow	1,838	1,708	1,344	687	849.13	850.38

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	862	839	670	440	400	370
Cash Income Tax Paid	446	395	323	344	397	293
Change in Working Capital	415	401	287	175	49	31

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 14, 2026

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