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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	105.36	144.79	81.19	116.34	41.51
Cash & Short-Term Investments	-	105.36	144.79	81.19	116.34	41.51
Cash Growth	-	-27.23%	78.33%	-30.21%	180.29%	-37.24%
Accounts Receivable	-	681.05	474.36	458.93	293.42	193.27
Other Receivables	-	-	-	3.53	1.01	0.08
Receivables	-	785.96	474.36	462.45	294.44	193.35
Inventory	-	4.42	21.58	34.62	5.3	4.18
Prepaid Expenses	-	145.83	98.46	169.72	260.47	105.29
Other Current Assets	1,474	529.79	281.33	223.17	115.31	45.84
Total Current Assets	1,474	1,571	1,021	971.16	791.86	390.17
Property, Plant & Equipment	6,592	6,380	3,716	3,539	3,050	2,566
Other Intangible Assets	454	497.19	562.98	725.51	648.82	240.12
Long-Term Deferred Tax Assets	-	-	-	-	-	18.87
Long-Term Deferred Charges	-	47.78	52.97	51.61	21.84	20.7
Other Long-Term Assets	588	308.18	285.81	216.87	128.61	162.52
Total Assets	9,108	8,954	5,638	5,504	4,641	3,398
Accounts Payable	-	832.6	837.74	710.8	704.9	772.54
Accrued Expenses	-	338.85	266.65	234.89	160.36	145.65
Short-Term Debt	-	507.71	857.06	879.71	764.41	241.44
Current Portion of Long-Term Debt	-	778.03	1,004	402.64	330	205.12
Current Portion of Leases	-	124.11	403.31	421.29	284.63	225.33
Current Income Taxes Payable	-	47.25	184.79	178.59	137.48	159.24
Current Unearned Revenue	-	150.28	146.04	142.12	135.06	118.22
Other Current Liabilities	3,283	249.72	193.44	33.61	0.64	39.24
Total Current Liabilities	3,283	3,029	3,893	3,004	2,517	1,907
Long-Term Debt	-	1,724	328.52	1,060	500.25	328.7
Long-Term Leases	-	2,975	537.44	765.7	832.1	842.73
Long-Term Unearned Revenue	-	4.33	4.88	5.44	6	6.56
Long-Term Deferred Tax Liabilities	-	428.11	305.17	229.51	111.94	-
Other Long-Term Liabilities	5,145	15.95	5.15	-	-	-
Total Liabilities	8,428	8,175	5,074	5,064	3,968	3,085
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	654	752.87	538.12	413.76	647.33	287.45
Shareholders' Equity	680	778.87	564.12	439.76	673.33	313.45
Total Liabilities & Equity	9,108	8,954	5,638	5,504	4,641	3,398
Total Debt	-	6,108	3,130	3,530	2,711	1,843
Net Cash (Debt)	-	-6,003	-2,985	-3,448	-2,595	-1,802
Net Cash Per Share	-	-57.72	-28.70	-33.16	-24.95	-17.33
Filing Date Shares Outstanding	103.95	104	104	104	104	104
Total Common Shares Outstanding	103.95	104	104	104	104	104
Working Capital	-1,809	-1,457	-2,872	-2,032	-1,726	-1,517
Book Value Per Share	6.54	7.49	5.42	4.23	6.47	3.01
Tangible Book Value	226	281.68	1.15	-285.74	24.51	73.32
Tangible Book Value Per Share	2.17	2.71	0.01	-2.75	0.24	0.71
Buildings	-	115.3	115.3	115.3	115.3	115.3
Machinery	-	7,716	7,313	6,773	5,800	5,168
Construction In Progress	-	525.12	392.65	151.79	185.55	107.45
Leasehold Improvements	-	22.31	22.31	22.31	21.92	19.65