Consolidated statement of financial position

Notes

As of

31 March 2026

$m

31 March 2025

$m

Assets

Non-current assets

Property, plant and equipment

15

2,425

2,086

Capital work-in-progress

15

265

194

Right-of-use assets

32

3,569

3,029

Goodwill

16

3,238

3,008

Other intangible assets

16

871

810

Intangible assets under development

16

25

8

Investment accounted for using equity method

6

5

Financial assets

– Investments

0

0

– Derivative instruments

17

0

0

– Others

17

10

Income tax assets (net)

8

8

Deferred tax assets (net)

13

428

509

Other non-current assets

18

206

195

11,058

9,862

Current assets

Inventories

16

19

Financial assets

– Investments

20

–

– Derivative instruments

17

1

1

– Trade receivables

19

193

203

– Cash and cash equivalents

20

646

552

– Other bank balances

20

197

81

– Balance held under mobile money trust

21

1,395

952

– Others

22

90

67

Other current assets

18

341

286
Assets classified as held for sale

6

–

2,905

2,161

Total assets

13,963

12,023

Liabilities

Current liabilities

Financial liabilities

– Borrowings

23

1,019

1,095

– Lease liabilities

32

329

231

– Put option liability

515

542

– Derivative instruments

17

7

10

– Trade payables

612

485

– Mobile money wallet balance

1,310

928

– Others

24

486

383
Employee benefit obligations

26

64

66

Provisions

27

35

45

Deferred revenue

173

135

Current tax liabilities (net)

174

89

Other current liabilities

25

268

233

4,992

4,242

Net current liabilities

(2,087)

(2,081)

Non-current liabilities

Financial liabilities

– Borrowings

23

1,169

1,226

– Lease liabilities

32

3,895

3,430

– Derivative instruments

17

0

0

–Others

24

201

216
Employee benefit obligations

26

33

23

Provisions

27

2

2

Deferred revenue

43

0

Deferred tax liabilities (net)

13

136

106

Other non-current liabilities

25

4

3

5,483

5,006

Total liabilities

10,475

9,248

Net assets

3,488

2,775

  

Equity

Share capital

28

1,827

1,835

Reserves and surplus

29

1,321

651

Equity attributable to owners of the company

3,148

2,486

Non-controlling interests (‘NCI’)

340

289

Total equity

3,488

2,775

The consolidated financial statements of Airtel Africa plc (company registration number: 11462215) were approved by the Board of directors and authorised for issue on 7 May 2026 and were signed on its behalf by:

For and on behalf of the Board of Airtel Africa plc

Sunil Taldar
Chief executive officer
7 May 2026