Express Kenya Balance Sheet

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

Millions KES. 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	1.32	0.61	1.22	0.73	0.3
Cash & Short-Term Investments	1.32	0.61	1.22	0.73	0.3
Cash Growth	116.77%	-49.98%	66.15%	142.67%	8.51%
Accounts Receivable	14.94	3.53	5.34	0.4	1.86
Other Receivables	31.38	34.14	34.14	33.33	31.38
Receivables	46.32	37.67	39.48	33.73	33.24
Inventory	28.75	28.75	28.75	28.75	28.75
Prepaid Expenses	-	7.01	3.25	2.91	1.46
Other Current Assets	1.29	-	-	-	-
Total Current Assets	77.68	74.04	72.69	66.12	63.75
Property, Plant & Equipment	1,354	1,193	1,297	1,336	1,195
Other Long-Term Assets	37.08	-	-	-	-
Total Assets	1,469	1,267	1,369	1,402	1,258
Accounts Payable	88.14	14.75	14.38	15.33	16.97
Accrued Expenses	-	20.55	22.17	15.73	15.55
Short-Term Debt	-	-	-	5.06	5.06
Current Portion of Long-Term Debt	-	-	-	5.56	4.88
Current Portion of Leases	2.88	1.09	0.47	5.37	4.46
Other Current Liabilities	-	5.34	2.31	2.64	1.63
Total Current Liabilities	91.02	41.72	39.33	49.69	48.55
Long-Term Debt	429.32	382.94	349.96	291.73	264.08
Long-Term Leases	46.57	50.39	51.47	-	5.37
Long-Term Deferred Tax Liabilities	429.87	380.27	408.78	437.54	391.94
Total Liabilities	996.79	855.32	849.55	778.97	709.93
Common Stock	238.56	238.56	238.56	238.56	238.56
Additional Paid-In Capital	28.96	28.96	28.96	28.96	28.96
Retained Earnings	-666.06	-606.46	-563.97	-521.6	-491.96
Comprehensive Income & Other	870.72	750.92	816.34	877.39	772.92
Shareholders' Equity	472.18	411.98	519.89	623.31	548.48
Total Liabilities & Equity	1,469	1,267	1,369	1,402	1,258
Total Debt	478.78	434.42	401.91	307.72	283.85
Net Cash (Debt)	-477.46	-433.81	-400.69	-306.99	-283.54
Net Cash Per Share	-10.01	-9.09	-8.40	-6.43	-5.94
Filing Date Shares Outstanding	47.78	47.71	47.71	47.71	47.71
Total Common Shares Outstanding	47.78	47.71	47.71	47.71	47.71
Working Capital	-13.34	32.31	33.36	16.43	15.2
Book Value Per Share	9.88	8.63	10.90	13.06	11.50
Tangible Book Value	472.18	411.98	519.89	623.31	548.48
Tangible Book Value Per Share	9.88	8.63	10.90	13.06	11.50
Buildings	-	312.8	312.8	312.8	368
Machinery	-	91.74	91.7	91.7	91.68
Construction In Progress	-	4	4	-	-
Leasehold Improvements	-	3.19	3.19	3.19	3.19

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