Airtel Africa Plc (NGX: AIRTELAFRI)

Airtel Africa Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	406	620	586	638	813	1,010
Short-Term Investments	32	346	117	220	257	-
Cash & Short-Term Investments	438	966	703	858	1,070	1,010
Cash Growth	-44.77%	37.41%	-18.07%	-19.81%	5.94%	16.63%
Accounts Receivable	192	219	204	176	156	169
Other Receivables	-	91	113	81	45	51
Receivables	192	310	317	257	201	220
Inventory	28	26	15	3	7	3
Prepaid Expenses	-	60	70	69	87	86
Restricted Cash	830	737	616	513	440	295
Other Current Assets	361	193	177	297	100	57
Total Current Assets	1,849	2,292	1,898	1,997	1,905	1,671
Property, Plant & Equipment	4,784	3,542	4,004	3,512	3,031	2,730
Long-Term Investments	5	5	4	6	4	3
Goodwill	2,531	2,569	3,516	3,827	3,835	3,943
Other Intangible Assets	749	729	1,212	634	735	486
Long-Term Deferred Tax Assets	551	543	337	222	314	333
Other Long-Term Assets	180	181	195	166	168	159
Total Assets	10,649	9,861	11,166	10,364	9,992	9,325
Accounts Payable	425	422	460	404	366	416
Accrued Expenses	-	287	266	258	248	198
Short-Term Debt	472	457	361	552	342	235
Current Portion of Long-Term Debt	624	969	584	234	1,126	429
Current Portion of Leases	231	357	395	323	240	199
Current Income Taxes Payable	58	119	194	220	173	149
Current Unearned Revenue	123	156	188	167	140	129
Other Current Liabilities	2,024	1,279	1,124	915	869	733
Total Current Liabilities	3,957	4,046	3,572	3,073	3,504	2,488
Long-Term Debt	1,123	947	1,233	1,486	1,871	2,446
Long-Term Leases	3,133	1,732	1,652	1,337	1,037	970
Long-Term Unearned Revenue	7	13	13	18	24	29
Long-Term Deferred Tax Liabilities	77	67	108	114	81	69
Other Long-Term Liabilities	182	736	761	669	104	26
Total Liabilities	8,479	7,561	7,358	6,715	6,639	6,044
Common Stock	1,849	1,875	1,879	1,879	1,879	1,879
Retained Earnings	4,871	5,056	3,902	3,436	2,975	2,805
Treasury Stock	-	-11	-12	-7	-4	-
Comprehensive Income & Other	-4,692	-4,760	-2,134	-1,806	-1,445	-1,296
Total Common Equity	2,028	2,160	3,635	3,502	3,405	3,388
Minority Interest	142	140	173	147	-52	-107
Shareholders' Equity	2,170	2,300	3,808	3,649	3,353	3,281
Total Liabilities & Equity	10,649	9,861	11,166	10,364	9,992	9,325
Total Debt	5,583	4,462	4,225	3,932	4,616	4,279
Net Cash (Debt)	-5,145	-3,496	-3,522	-3,074	-3,546	-3,269
Net Cash Per Share	-1.38	-0.93	-0.94	-0.82	-0.94	-0.91
Filing Date Shares Outstanding	3,717	3,744	3,751	3,753	3,754	3,758
Total Common Shares Outstanding	3,717	3,744	3,751	3,753	3,754	3,758
Working Capital	-2,108	-1,754	-1,674	-1,076	-1,599	-817
Book Value Per Share	0.55	0.58	0.97	0.93	0.91	0.90
Tangible Book Value	-1,252	-1,138	-1,093	-959	-1,165	-1,041
Tangible Book Value Per Share	-0.34	-0.30	-0.29	-0.26	-0.31	-0.28
Land	24	24	25	26	27	26
Buildings	33	33	43	47	46	47
Machinery	3,277	3,114	4,098	3,887	3,640	3,155
Construction In Progress	204	232	212	189	166	259
Leasehold Improvements	44	44	49	49	50	50

Source: S&P Capital IQ. Standard template. Financial Sources.