Telekom Networks Malawi Balance Sheet

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

Millions MWK. 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	84,200	47,719	31,845	22,669	16,056
Short-Term Investments	-	10,572	3,181	3,700	3,398
Cash & Short-Term Investments	84,200	58,291	35,026	26,369	19,454
Cash Growth	44.45%	66.42%	32.83%	35.55%	0.13%
Accounts Receivable	35,590	11,095	9,196	7,949	8,676
Other Receivables	2,400	9,534	8,107	4,385	6,308
Receivables	37,990	20,629	17,303	12,334	14,984
Inventory	6,720	1,951	1,573	1,269	2,112
Other Current Assets	820	2,095	1,356	2,405	1,357
Total Current Assets	129,730	82,966	55,258	42,377	37,907
Property, Plant & Equipment	118,290	107,858	88,384	91,645	87,347
Long-Term Investments	4,190	373	334	162	162
Goodwill	-	588	588	588	588
Other Intangible Assets	18,340	16,699	12,532	13,605	13,415
Long-Term Accounts Receivable	630	542	711	805	1,187
Long-Term Deferred Tax Assets	-	2,924	4,794	-	-
Total Assets	271,180	211,950	162,601	149,182	140,606
Accounts Payable	70,230	43,589	18,446	11,340	10,035
Accrued Expenses	-	8,418	14,010	6,882	7,189
Short-Term Debt	10,260	15,692	10,774	10,994	7,469
Current Portion of Long-Term Debt	4,540	18,100	11,449	13,779	14,294
Current Portion of Leases	-	338	181	1,407	647
Current Income Taxes Payable	2,530	-	297	-	1,132
Current Unearned Revenue	3,920	2,761	4,249	4,648	3,376
Other Current Liabilities	63,080	58,455	34,334	26,543	22,445
Total Current Liabilities	154,560	147,353	93,740	75,593	66,587
Long-Term Debt	8,740	12,752	27,108	26,437	23,410
Long-Term Leases	-	-	-	531	228
Long-Term Deferred Tax Liabilities	5,200	-	-	108	1,101
Total Liabilities	168,500	160,105	120,848	102,669	91,326
Common Stock	32,290	402	402	402	402
Additional Paid-In Capital	-	2,347	2,347	2,347	2,347
Retained Earnings	70,390	49,096	39,004	43,764	46,531
Shareholders' Equity	102,680	51,845	41,753	46,513	49,280
Total Liabilities & Equity	271,180	211,950	162,601	149,182	140,606
Total Debt	23,540	46,882	49,512	53,148	46,048
Net Cash (Debt)	60,660	11,409	-14,486	-26,779	-26,594
Net Cash Growth	431.69%	-	-	-	-
Net Cash Per Share	5.49	1.14	-1.44	-2.67	-2.65
Filing Date Shares Outstanding	10,540	10,040	10,040	10,040	10,040
Total Common Shares Outstanding	10,540	10,040	10,040	10,040	10,040
Working Capital	-24,830	-64,387	-38,482	-33,216	-28,680
Book Value Per Share	9.74	5.16	4.16	4.63	4.91
Tangible Book Value	84,340	34,558	28,633	32,320	35,277
Tangible Book Value Per Share	8.00	3.44	2.85	3.22	3.51
Land	-	9,637	9,593	8,686	6,343
Machinery	-	148,217	136,015	131,719	118,540
Construction In Progress	-	23,186	10,619	5,569	7,448

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