Zambian Breweries Balance Sheet

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

Millions ZMW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	84	394.07	301.71	352.25	129.43
Cash & Short-Term Investments	84	394.07	301.71	352.25	129.43
Cash Growth	-78.68%	30.61%	-14.35%	172.16%	-67.72%
Accounts Receivable	389.52	217.8	176.1	211.4	137.83
Other Receivables	54	367.57	223.9	228.49	180.11
Receivables	443.52	585.37	403.28	442.69	320.16
Inventory	932.46	949.31	735.4	922.65	609.42
Prepaid Expenses	-	13.95	15.74	24.18	7.69
Other Current Assets	10.72	-	-	-	-
Total Current Assets	1,471	1,943	1,456	1,742	1,067
Property, Plant & Equipment	4,972	4,747	4,502	3,015	2,489
Goodwill	-	17.06	17.06	17.06	17.06
Other Intangible Assets	18.36	1.84	2.94	24.73	5.6
Long-Term Deferred Tax Assets	67.72	103.35	-	-	-
Total Assets	6,529	6,812	5,978	4,799	3,578
Accounts Payable	3,714	2,912	237.99	175.65	574.12
Accrued Expenses	-	263.51	49.76	261.03	49.93
Short-Term Debt	2,490	1,954	2,035	1,292	697.11
Other Current Liabilities	-	1,652	2,798	1,340	594.49
Total Current Liabilities	6,204	6,782	5,121	3,068	1,916
Long-Term Deferred Tax Liabilities	-	-	154.36	492.15	523.38
Total Liabilities	6,204	6,782	5,275	3,560	2,439
Common Stock	5.46	5.46	5.46	5.46	5.46
Additional Paid-In Capital	450.21	450.21	450.21	450.21	450.21
Retained Earnings	-130.92	-425.69	246.98	782.59	683.34
Shareholders' Equity	324.74	29.98	702.65	1,238	1,139
Total Liabilities & Equity	6,529	6,812	5,978	4,799	3,578
Total Debt	2,490	1,954	2,035	1,292	697.11
Net Cash (Debt)	-2,406	-1,560	-1,734	-939.42	-567.68
Net Cash Per Share	-4.41	-2.86	-3.18	-1.72	-1.04
Filing Date Shares Outstanding	544.87	546.01	546.01	546.01	546.01
Total Common Shares Outstanding	544.87	546.01	546.01	546.01	546.01
Working Capital	-4,733	-4,840	-3,665	-1,327	-848.95
Book Value Per Share	0.60	0.05	1.29	2.27	2.09
Tangible Book Value	306.39	11.07	682.65	1,196	1,116
Tangible Book Value Per Share	0.56	0.02	1.25	2.19	2.04
Buildings	-	573.27	532.06	522.58	555.62
Machinery	-	2,680	2,257	2,160	2,975
Construction In Progress	-	2,013	2,050	560.35	133.39

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