MTN Group Limited (MTNOY)

MTN Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	28,970	30,301	37,545	44,350	39,488	30,990
Short-Term Investments	-	7,243	1,569	3,240	3,894	7,755
Trading Asset Securities	-	1,719	1,797	1,414	1,528	2,054
Cash & Short-Term Investments	28,970	39,263	40,911	49,004	44,910	40,799
Cash Growth	69.94%	-4.03%	-16.52%	9.12%	10.08%	55.69%
Accounts Receivable	33,843	22,566	20,871	18,831	17,633	17,868
Other Receivables	-	10,740	8,156	9,805	8,141	8,218
Receivables	33,843	33,306	29,027	29,406	27,656	27,819
Inventory	-	1,213	1,472	1,906	1,539	1,534
Prepaid Expenses	-	4,585	3,630	2,512	3,346	2,007
Restricted Cash	2,252	2,029	11,002	10,235	6,801	6,888
Other Current Assets	92,208	62,309	58,684	44,502	48,839	34,729
Total Current Assets	157,273	142,705	144,726	137,565	133,091	113,776
Property, Plant & Equipment	184,431	168,995	165,404	152,871	142,726	146,732
Long-Term Investments	33,679	28,878	31,833	32,535	33,764	38,824
Goodwill	-	34,877	34,526	13,230	15,611	15,575
Other Intangible Assets	82,665	36,486	40,287	37,047	28,149	23,494
Long-Term Accounts Receivable	-	2,613	2,391	2,082	1,714	1,082
Long-Term Deferred Tax Assets	17,923	10,457	10,223	6,571	7,223	6,355
Long-Term Deferred Charges	-	1,230	1,124	1,114	1,091	1,194
Other Long-Term Assets	-	4,719	4,200	2,336	2,429	1,910
Total Assets	475,971	430,960	434,714	385,351	365,798	348,942
Accounts Payable	60,621	17,720	17,714	16,758	13,290	13,136
Accrued Expenses	-	28,280	27,485	32,249	30,077	21,987
Short-Term Debt	1,067	4,850	14,418	6,677	3,808	3,960
Current Portion of Long-Term Debt	10,944	9,752	15,304	9,532	11,610	13,832
Current Portion of Leases	9,016	9,336	9,030	6,020	6,505	5,728
Current Income Taxes Payable	-	1,756	5,819	11,395	7,035	5,657
Current Unearned Revenue	-	3,853	4,634	6,716	6,428	6,707
Other Current Liabilities	87,278	74,055	70,390	53,777	53,577	38,376
Total Current Liabilities	168,926	149,602	164,794	143,124	132,330	109,383
Long-Term Debt	62,515	68,578	57,805	65,781	65,484	78,457
Long-Term Leases	65,545	65,806	54,378	49,830	41,409	43,753
Long-Term Unearned Revenue	-	1,088	1,130	1,045	792	322
Long-Term Deferred Tax Liabilities	11,332	6,756	5,709	4,971	9,666	9,909
Other Long-Term Liabilities	-	362	423	961	1,135	893
Total Liabilities	308,318	292,513	284,531	265,712	250,816	242,717
Additional Paid-In Capital	-	38,490	38,490	38,490	37,994	36,929
Retained Earnings	-	80,154	96,934	93,705	84,086	71,578
Comprehensive Income & Other	-	4,801	3,781	-17,707	-11,033	-5,634
Total Common Equity	145,335	123,445	139,205	114,488	111,047	102,873
Minority Interest	22,318	15,002	10,978	5,151	3,935	3,352
Shareholders' Equity	167,653	138,447	150,183	119,639	114,982	106,225
Total Liabilities & Equity	475,971	430,960	434,714	385,351	365,798	348,942
Total Debt	149,087	158,322	150,935	137,840	128,816	145,730
Net Cash (Debt)	-120,117	-119,059	-110,024	-88,836	-83,906	-104,931
Net Cash Per Share	-66.03	-65.90	-59.86	-47.97	-45.38	-57.72
Filing Date Shares Outstanding	1,830	1,807	1,806	1,806	1,803	1,799
Total Common Shares Outstanding	1,830	1,807	1,806	1,806	1,803	1,799
Working Capital	-11,653	-6,897	-20,068	-5,559	761	4,393
Book Value Per Share	79.40	68.33	77.06	63.39	61.58	57.18
Tangible Book Value	62,670	52,082	64,392	64,211	67,287	63,804
Tangible Book Value Per Share	34.24	28.83	35.65	35.55	37.31	35.47
Land	-	11,292	11,702	10,816	9,555	9,186
Machinery	-	20,724	23,314	20,213	19,810	17,723
Construction In Progress	-	22,457	20,067	14,760	12,984	7,982
Leasehold Improvements	-	4,140	4,892	4,675	4,824	4,830

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