Airtel Networks Zambia Balance Sheet

Financials in millions ZMW. Fiscal year is January - December.

Millions ZMW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	-	144.79	81.19	116.34	41.51	66.14
Cash & Short-Term Investments	-	144.79	81.19	116.34	41.51	66.14
Cash Growth	-	78.33%	-30.21%	180.29%	-37.24%	125.53%
Accounts Receivable	-	463.64	458.93	293.42	193.27	281.49
Other Receivables	-	10.72	3.53	1.01	0.08	10.05
Receivables	-	474.36	462.45	294.44	193.35	291.54
Inventory	-	21.58	34.62	5.3	4.18	3.78
Prepaid Expenses	-	219.94	169.72	260.47	105.29	75.33
Other Current Assets	1,309	159.85	223.17	115.31	45.84	92.8
Total Current Assets	1,309	1,021	971.16	791.86	390.17	529.59
Property, Plant & Equipment	6,011	3,716	3,539	3,050	2,566	2,504
Other Intangible Assets	533	562.98	725.51	648.82	240.12	81.99
Long-Term Deferred Tax Assets	-	-	-	-	18.87	126.06
Long-Term Deferred Charges	-	52.97	51.61	21.84	20.7	12.55
Other Long-Term Assets	541	285.81	216.87	128.61	162.52	162.13
Total Assets	8,394	5,638	5,504	4,641	3,398	3,417
Accounts Payable	-	876.34	710.8	704.9	772.54	927.51
Accrued Expenses	-	379.36	234.89	160.36	145.65	128.2
Short-Term Debt	-	857.06	879.71	764.41	241.44	187.97
Current Portion of Long-Term Debt	-	1,004	402.64	330	205.12	529.63
Current Portion of Leases	-	403.31	421.29	284.63	225.33	256.14
Current Income Taxes Payable	-	184.79	178.59	137.48	159.24	83.94
Current Unearned Revenue	-	146.04	142.12	135.06	118.22	101.83
Other Current Liabilities	3,005	42.13	33.61	0.64	39.24	3.09
Total Current Liabilities	3,005	3,893	3,004	2,517	1,907	2,218
Long-Term Debt	-	328.52	1,060	500.25	328.7	264.82
Long-Term Leases	-	537.44	765.7	832.1	842.73	1,313
Long-Term Unearned Revenue	-	4.88	5.44	6	6.56	-
Long-Term Deferred Tax Liabilities	-	305.17	229.51	111.94	-	-
Other Long-Term Liabilities	4,827	5.15	-	-	-	-
Total Liabilities	7,832	5,074	5,064	3,968	3,085	3,796
Common Stock	1	1.04	1.04	1.04	1.04	1.04
Additional Paid-In Capital	25	24.96	24.96	24.96	24.96	24.96
Retained Earnings	536	538.12	413.76	647.33	287.45	-405.85
Shareholders' Equity	562	564.12	439.76	673.33	313.45	-379.85
Total Liabilities & Equity	8,394	5,638	5,504	4,641	3,398	3,417
Total Debt	-	3,130	3,530	2,711	1,843	2,552
Net Cash (Debt)	-	-2,985	-3,448	-2,595	-1,802	-2,486
Net Cash Per Share	-	-28.70	-33.16	-24.95	-17.33	-23.90
Filing Date Shares Outstanding	103.98	104	104	104	104	104
Total Common Shares Outstanding	103.98	104	104	104	104	104
Working Capital	-1,696	-2,872	-2,032	-1,726	-1,517	-1,689
Book Value Per Share	5.41	5.42	4.23	6.47	3.01	-3.65
Tangible Book Value	29	1.15	-285.74	24.51	73.32	-461.84
Tangible Book Value Per Share	0.28	0.01	-2.75	0.24	0.71	-4.44
Buildings	-	115.3	115.3	115.3	115.3	115.3
Machinery	-	7,313	6,773	5,800	5,168	4,631
Construction In Progress	-	392.65	151.79	185.55	107.45	174.13
Leasehold Improvements	-	22.31	22.31	21.92	19.65	19.7

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.