National Breweries Balance Sheet

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

Millions ZMW. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	21.66	10.29	11.99	23.56	3.52	2.03
Cash & Short-Term Investments	21.66	10.29	11.99	23.56	3.52	2.03
Cash Growth	-	-14.18%	-49.11%	569.37%	73.52%	-68.57%
Accounts Receivable	124.81	117.91	8	2.62	9.99	7.2
Other Receivables	17.22	3.61	1.38	4.53	3.84	5.73
Receivables	142.03	121.52	9.38	7.15	13.83	12.93
Inventory	69.93	78.97	44.44	28.13	20.45	14.87
Prepaid Expenses	-	-	46.53	12.81	-	-
Total Current Assets	233.63	210.78	112.34	71.65	37.8	29.83
Property, Plant & Equipment	153.53	162.8	174.14	179.66	182.13	185.52
Other Intangible Assets	-	-	0.01	0.17	0.38	0.86
Total Assets	387.15	373.58	286.48	251.49	220.3	216.21
Accounts Payable	192.45	356.15	216.65	78.1	34.93	86.09
Accrued Expenses	-	-	118.72	63.77	-	-
Short-Term Debt	86.62	39.18	-	-	33.65	57.3
Current Portion of Long-Term Debt	-	-	0.63	24.77	-	-
Current Income Taxes Payable	-	-	0.08	0	-	-
Other Current Liabilities	1,413	1,413	949.09	556.7	440.48	226.32
Total Current Liabilities	1,692	1,808	1,285	723.34	509.07	369.71
Long-Term Debt	80.6	97.63	90.91	72.2	17.7	32.67
Total Liabilities	1,773	1,906	1,376	795.54	526.76	402.38
Common Stock	0.63	0.63	0.63	0.63	0.63	0.63
Retained Earnings	-1,386	-1,533	-1,090	-544.69	-307.09	-186.8
Shareholders' Equity	-1,385	-1,532	-1,090	-544.06	-306.46	-186.17
Total Liabilities & Equity	387.15	373.58	286.48	251.49	220.3	216.21
Total Debt	167.22	136.81	91.54	96.97	51.35	89.97
Net Cash (Debt)	-145.56	-126.52	-79.55	-73.42	-47.83	-87.94
Net Cash Per Share	-2.31	-2.01	-1.26	-1.17	-0.76	-1.40
Filing Date Shares Outstanding	62.93	63.03	63	63	63.36	62.87
Total Common Shares Outstanding	62.93	63.03	63	63	63.36	62.87
Working Capital	-1,458	-1,597	-1,173	-651.69	-471.27	-339.88
Book Value Per Share	-22.02	-24.31	-17.30	-8.64	-4.84	-2.96
Tangible Book Value	-1,385	-1,532	-1,090	-544.23	-306.84	-187.03
Tangible Book Value Per Share	-22.02	-24.31	-17.30	-8.64	-4.84	-2.97
Buildings	-	-	88.01	88.01	-	-
Machinery	-	-	326.36	312.65	-	-
Construction In Progress	-	-	2.12	1.65	-	-

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