MTN Group Limited (MTNOF)

MTN Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	17,047	37,545	44,350	39,488	30,990	21,739
Short-Term Investments	-	1,569	3,240	3,894	7,755	2,440
Trading Asset Securities	-	1,797	1,414	1,528	2,054	2,026
Cash & Short-Term Investments	17,047	40,911	49,004	44,910	40,799	26,205
Cash Growth	-54.90%	-16.51%	9.12%	10.08%	55.69%	31.41%
Accounts Receivable	40,104	20,871	18,831	17,633	17,868	17,265
Other Receivables	-	8,156	9,805	8,141	8,218	6,598
Receivables	40,104	29,027	29,406	27,656	27,819	25,379
Inventory	-	1,472	1,906	1,539	1,534	1,717
Prepaid Expenses	-	3,630	2,512	3,346	2,007	1,877
Restricted Cash	5,698	11,002	10,235	6,801	6,888	2,042
Other Current Assets	63,476	58,684	44,502	48,839	34,729	19,062
Total Current Assets	126,325	144,726	137,565	133,091	113,776	76,282
Property, Plant & Equipment	143,457	165,404	152,871	142,726	146,732	143,296
Long-Term Investments	32,163	31,833	32,535	33,764	38,824	37,319
Goodwill	-	34,526	13,230	15,611	15,575	15,552
Other Intangible Assets	65,113	40,287	37,047	28,149	23,494	21,314
Long-Term Accounts Receivable	-	2,391	2,082	1,714	1,082	1,107
Long-Term Deferred Tax Assets	18,823	10,223	6,571	7,223	6,355	5,070
Long-Term Deferred Charges	-	1,124	1,114	1,091	1,194	1,192
Other Long-Term Assets	-	4,200	2,336	2,429	1,910	1,179
Total Assets	385,881	434,714	385,351	365,798	348,942	302,311
Accounts Payable	56,295	17,714	16,758	13,290	13,136	10,352
Accrued Expenses	-	27,485	32,249	30,077	21,987	19,808
Short-Term Debt	868	14,418	6,677	3,808	3,960	132
Current Portion of Long-Term Debt	21,748	15,304	9,532	11,610	13,832	15,691
Current Portion of Leases	9,208	9,030	6,020	6,505	5,728	4,056
Current Income Taxes Payable	-	5,819	11,395	7,035	5,657	3,419
Current Unearned Revenue	-	4,634	6,716	6,428	6,707	6,211
Other Current Liabilities	63,235	70,390	53,777	53,577	38,376	24,170
Total Current Liabilities	151,354	164,794	143,124	132,330	109,383	83,839
Long-Term Debt	51,804	57,805	65,781	65,484	78,457	78,457
Long-Term Leases	52,015	54,378	49,830	41,409	43,753	42,271
Long-Term Unearned Revenue	-	1,130	1,045	792	322	319
Long-Term Deferred Tax Liabilities	8,742	5,709	4,971	9,666	9,909	10,403
Other Long-Term Liabilities	-	715	961	1,135	893	922
Total Liabilities	263,915	284,531	265,712	250,816	242,717	216,211
Additional Paid-In Capital	-	38,490	38,490	37,994	36,929	36,929
Retained Earnings	-	96,934	93,705	84,086	71,578	58,120
Comprehensive Income & Other	-	3,781	-17,707	-11,033	-5,634	-11,152
Total Common Equity	114,206	139,205	114,488	111,047	102,873	83,897
Minority Interest	7,760	10,978	5,151	3,935	3,352	2,203
Shareholders' Equity	121,966	150,183	119,639	114,982	106,225	86,100
Total Liabilities & Equity	385,881	434,714	385,351	365,798	348,942	302,311
Total Debt	135,643	150,935	137,840	128,816	145,730	140,607
Net Cash (Debt)	-118,596	-110,024	-88,836	-83,906	-104,931	-114,402
Net Cash Per Share	-65.65	-59.86	-47.97	-45.38	-57.72	-62.67
Filing Date Shares Outstanding	1,806	1,806	1,806	1,803	1,799	1,798
Total Common Shares Outstanding	1,806	1,806	1,806	1,803	1,799	1,798
Working Capital	-25,029	-20,068	-5,559	761	4,393	-7,557
Book Value Per Share	63.22	77.06	63.39	61.58	57.18	46.66
Tangible Book Value	49,093	64,392	64,211	67,287	63,804	47,031
Tangible Book Value Per Share	27.18	35.65	35.55	37.31	35.47	26.16
Land	-	11,702	10,816	9,555	9,186	8,643
Machinery	-	23,314	20,213	19,810	17,723	16,558
Construction In Progress	-	20,067	14,760	12,984	7,982	8,045
Leasehold Improvements	-	4,892	4,675	4,824	4,830	4,760

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