Airtel Malawi Plc (MAL:AIRTEL)

Airtel Malawi Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	55,892	42,264	59,073	38,523	17,418
Cash & Short-Term Investments	55,892	42,264	59,073	38,523	17,418
Cash Growth	32.24%	-28.45%	53.34%	121.17%	206.94%
Accounts Receivable	8,685	4,320	4,752	5,933	7,595
Other Receivables	794.69	4,645	3,882	17,654	12,448
Receivables	9,479	8,965	8,634	23,587	20,043
Inventory	1,325	1,356	278.08	292.72	261.63
Prepaid Expenses	-	7,988	4,530	1,605	2,544
Other Current Assets	34,730	18,036	4,877	3,205	6,918
Total Current Assets	101,426	78,609	77,392	67,212	47,184
Property, Plant & Equipment	164,953	138,158	104,591	83,353	82,313
Long-Term Investments	81	81	81	81	81
Other Intangible Assets	8,023	15.29	195.27	375.25	555.23
Long-Term Deferred Tax Assets	35,150	18,067	3,248	1,496	962.58
Long-Term Deferred Charges	-	1,266	224.43	330.55	496.84
Other Long-Term Assets	17,308	16,530	10,647	7,816	6,158
Total Assets	326,941	252,727	196,378	160,664	137,750
Accounts Payable	94,186	50,526	29,714	13,161	16,152
Accrued Expenses	-	3,683	2,885	1,899	1,408
Current Portion of Long-Term Debt	57,441	55,759	109.28	32.69	30,959
Current Portion of Leases	3,515	3,090	3,170	4,309	3,335
Current Income Taxes Payable	-	4,276	5,785	7,019	4,496
Current Unearned Revenue	7,634	9,705	9,975	8,131	6,813
Other Current Liabilities	4,963	40,008	33,130	33,073	26,617
Total Current Liabilities	167,739	167,046	84,769	67,625	89,780
Long-Term Debt	-	-	33,872	32,582	527.1
Long-Term Leases	125,294	73,968	39,933	26,992	23,086
Other Long-Term Liabilities	1,792	-	-	136.65	263.99
Total Liabilities	294,825	241,015	158,575	127,336	113,657
Common Stock	1	1	1	1	1
Additional Paid-In Capital	398.38	398.38	398.38	398.38	398.38
Retained Earnings	31,716	11,313	37,404	32,929	23,694
Shareholders' Equity	32,116	11,712	37,803	33,328	24,093
Total Liabilities & Equity	326,941	252,727	196,378	160,664	137,750
Total Debt	186,250	132,817	77,085	63,916	57,907
Net Cash (Debt)	-130,358	-90,553	-18,012	-25,393	-40,489
Net Cash Per Share	-11.84	-8.23	-1.64	-2.31	-3.68
Filing Date Shares Outstanding	11,022	11,000	11,000	11,000	11,000
Total Common Shares Outstanding	11,022	11,000	11,000	11,000	11,000
Working Capital	-66,312	-88,437	-7,378	-413.53	-42,597
Book Value Per Share	2.91	1.06	3.44	3.03	2.19
Tangible Book Value	24,093	11,697	37,608	32,953	23,538
Tangible Book Value Per Share	2.19	1.06	3.42	3.00	2.14
Land	-	4,412	4,412	4,412	4,412
Machinery	-	164,917	148,355	137,871	129,549
Construction In Progress	-	7,773	4,836	1,178	4,878
Leasehold Improvements	-	522.98	475.67	464.82	479.37

Updated Sep 18, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.