Airtel Malawi Plc (MAL:AIRTEL)

Airtel Malawi Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	84,200	55,892	42,264	59,073	38,523	17,418
Cash & Short-Term Investments	84,200	55,892	42,264	59,073	38,523	17,418
Cash Growth	66.82%	32.24%	-28.45%	53.34%	121.17%	206.94%
Accounts Receivable	13,572	5,236	4,320	4,752	5,933	7,595
Other Receivables	-	7,939	4,645	3,882	17,654	12,448
Receivables	13,572	13,176	8,965	8,634	23,587	20,043
Inventory	1,726	1,325	1,356	278.08	292.72	261.63
Prepaid Expenses	-	11,650	7,988	4,530	1,605	2,544
Other Current Assets	27,091	19,384	18,036	4,877	3,205	6,918
Total Current Assets	126,589	101,426	78,609	77,392	67,212	47,184
Property, Plant & Equipment	177,034	164,953	131,425	104,591	83,353	82,313
Long-Term Investments	81	81	81	81	81	81
Other Intangible Assets	7,586	6,189	15.29	195.27	375.25	555.23
Long-Term Deferred Tax Assets	36,993	35,150	27,632	3,248	1,496	962.58
Long-Term Deferred Charges	-	3,692	1,266	224.43	330.55	496.84
Other Long-Term Assets	16,333	15,450	16,530	10,647	7,816	6,158
Total Assets	364,615	326,941	255,560	196,378	160,664	137,750
Accounts Payable	111,439	59,913	44,749	29,714	13,161	16,152
Accrued Expenses	-	4,726	3,683	2,885	1,899	1,408
Current Portion of Long-Term Debt	54,119	57,441	55,759	109.28	32.69	30,959
Current Portion of Leases	3,588	3,515	3,558	3,170	4,309	3,335
Current Income Taxes Payable	3,563	-	4,276	5,785	7,019	4,496
Current Unearned Revenue	6,845	7,634	9,705	9,975	8,131	6,813
Other Current Liabilities	24,010	34,510	45,785	33,130	33,073	26,617
Total Current Liabilities	203,564	167,739	167,514	84,769	67,625	89,780
Long-Term Debt	-	-	-	33,872	32,582	527.1
Long-Term Leases	126,974	125,294	98,652	39,933	26,992	23,086
Other Long-Term Liabilities	1,552	1,792	-	-	136.65	263.99
Total Liabilities	332,090	294,825	266,166	158,575	127,336	113,657
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	398.38	398.38	398.38	398.38	398.38	398.38
Retained Earnings	32,126	31,716	-11,006	37,404	32,929	23,694
Shareholders' Equity	32,525	32,116	-10,606	37,803	33,328	24,093
Total Liabilities & Equity	364,615	326,941	255,560	196,378	160,664	137,750
Total Debt	184,681	186,250	157,968	77,085	63,916	57,907
Net Cash (Debt)	-100,481	-130,358	-115,704	-18,012	-25,393	-40,489
Net Cash Per Share	-9.13	-11.85	-10.52	-1.64	-2.31	-3.68
Filing Date Shares Outstanding	11,000	11,000	11,000	11,000	11,000	11,000
Total Common Shares Outstanding	11,000	11,000	11,000	11,000	11,000	11,000
Working Capital	-76,976	-66,312	-88,905	-7,378	-413.53	-42,597
Book Value Per Share	2.96	2.92	-0.96	3.44	3.03	2.19
Tangible Book Value	24,939	25,927	-10,622	37,608	32,953	23,538
Tangible Book Value Per Share	2.27	2.36	-0.97	3.42	3.00	2.14
Land	-	4,412	4,412	4,412	4,412	4,412
Machinery	-	197,372	164,917	148,355	137,871	129,549
Construction In Progress	-	9,987	7,773	4,836	1,178	4,878
Leasehold Improvements	-	522.98	522.98	475.67	464.82	479.37

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