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	84,203	47,719	31,845	22,669	16,056
Short-Term Investments	5,057	10,572	3,181	3,700	3,398
Cash & Short-Term Investments	89,260	58,291	35,026	26,369	19,454
Cash Growth	53.13%	66.42%	32.83%	35.55%	0.13%
Accounts Receivable	10,199	11,095	9,196	7,949	8,676
Other Receivables	19,824	9,534	8,107	4,385	6,308
Receivables	30,023	20,629	17,303	12,334	14,984
Inventory	6,716	1,951	1,573	1,269	2,112
Other Current Assets	3,731	2,095	1,356	2,405	1,357
Total Current Assets	129,730	82,966	55,258	42,377	37,907
Property, Plant & Equipment	118,285	107,858	88,384	91,645	87,347
Long-Term Investments	4,190	373	334	162	162
Goodwill	588	588	588	588	588
Other Intangible Assets	17,753	16,699	12,532	13,605	13,415
Long-Term Accounts Receivable	627	542	711	805	1,187
Long-Term Deferred Tax Assets	-	2,924	4,794	-	-
Total Assets	271,173	211,950	162,601	149,182	140,606
Accounts Payable	33,344	43,589	18,446	11,340	10,035
Accrued Expenses	15,774	8,418	14,010	6,882	7,189
Short-Term Debt	10,262	15,692	10,774	10,994	7,469
Current Portion of Long-Term Debt	4,536	18,100	11,449	13,779	14,294
Current Portion of Leases	-	338	181	1,407	647
Current Income Taxes Payable	2,538	-	297	-	1,132
Current Unearned Revenue	3,915	2,761	4,249	4,648	3,376
Other Current Liabilities	84,190	58,455	34,334	26,543	22,445
Total Current Liabilities	154,559	147,353	93,740	75,593	66,587
Long-Term Debt	8,744	12,752	27,108	26,437	23,410
Long-Term Leases	-	-	-	531	228
Long-Term Deferred Tax Liabilities	5,197	-	-	108	1,101
Total Liabilities	168,500	160,105	120,848	102,669	91,326
Common Stock	32,288	402	402	402	402
Additional Paid-In Capital	-	2,347	2,347	2,347	2,347
Retained Earnings	70,385	49,096	39,004	43,764	46,531
Shareholders' Equity	102,673	51,845	41,753	46,513	49,280
Total Liabilities & Equity	271,173	211,950	162,601	149,182	140,606
Total Debt	23,542	46,882	49,512	53,148	46,048
Net Cash (Debt)	65,718	11,409	-14,486	-26,779	-26,594
Net Cash Growth	476.02%	-	-	-	-
Net Cash Per Share	5.95	1.14	-1.44	-2.67	-2.65
Filing Date Shares Outstanding	11,541	10,040	10,040	10,040	10,040
Total Common Shares Outstanding	11,541	10,040	10,040	10,040	10,040
Working Capital	-24,829	-64,387	-38,482	-33,216	-28,680
Book Value Per Share	8.90	5.16	4.16	4.63	4.91
Tangible Book Value	84,332	34,558	28,633	32,320	35,277
Tangible Book Value Per Share	7.31	3.44	2.85	3.22	3.51
Land	9,737	9,637	9,593	8,686	6,343
Machinery	185,318	148,217	136,015	131,719	118,540
Construction In Progress	9,937	23,186	10,619	5,569	7,448