$IHS
IHS Holding Ltd
CIK:0001876183|SEC Filings
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Cash flows from operating activities | |||
| Cash from operations | $ 983.0 | $ 775.9 | $ 902.9 |
| Income taxes paid | (44.7) | (38.6) | (45.4) |
| Payment for rent | (1.9) | (7.8) | (3.7) |
| Payment for tower and tower equipment decommissioning | (0.2) | (0.1) | (0.3) |
| Net cash from operating activities | 936.2 | 729.4 | 853.5 |
| Cash flow from investing activities | |||
| Purchase of property, plant and equipment | (217.5) | (235.2) | (464.9) |
| Payment in advance for property, plant and equipment | (34.5) | (29.9) | (111.1) |
| Purchase of software and licenses | (0.1) | (4.0) | (22.8) |
| Consideration paid on business combinations, net of cash acquired | (4.5) | ||
| Proceeds from sale of subsidiaries, net of cash disposed | 169.8 | 119.0 | |
| Proceeds from disposal of property, plant and equipment | 2.0 | 26.7 | 2.9 |
| Insurance claims received | 0.4 | 0.1 | 0.3 |
| Interest received | 42.3 | 18.7 | 25.0 |
| Deposit of short-term deposits | (17.0) | (43.7) | (183.4) |
| Refund of short-term deposits | 32.3 | 211.5 | 36.3 |
| Net cash (used in)/from investing activities | (22.3) | 63.2 | (722.2) |
| Cash flows from financing activities | |||
| Shares repurchased and canceled through buyback program | (10.0) | ||
| Proceeds received from issuance of borrowings (net of transaction costs) | 195.9 | 2,208.4 | 986.6 |
| Repayment of borrowings | (386.9) | (2,149.3) | (689.9) |
| Fees on borrowings and derivative instruments | (20.9) | (10.6) | (19.4) |
| Interest paid | (309.0) | (327.0) | (299.0) |
| Payment for the principal portion of lease liabilities | (41.5) | (55.2) | (72.9) |
| Interest paid for lease liabilities | (68.3) | (66.0) | (58.4) |
| Interest paid on derivative instruments | (10.1) | (8.8) | |
| Settlement of derivative instruments | (3.3) | (22.5) | 0.7 |
| Net cash used in financing activities | (644.1) | (431.0) | (162.3) |
| Net increase/(decrease) in cash and cash equivalents | 269.8 | 361.6 | (31.0) |
| Cash and cash equivalents at beginning of year | 578.0 | 293.8 | 514.1 |
| Exchange differences | 5.5 | (77.4) | (189.3) |
| Cash and cash equivalents at end of year | $ 853.3 | $ 578.0 | $ 293.8 |
CONSOLIDATED STATEMENT OF FINANCIAL POSITION - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-current assets | |||||||||||
| Property, plant and equipment | $ 816.1 | $ 1,322.2 | [1] | $ 1,709.7 | |||||||
| Right of use assets | 369.9 | 699.1 | [1] | ||||||||
| Goodwill | 262.7 | 403.2 | [1] | 619.3 | |||||||
| Other intangible assets | 288.9 | 674.0 | [1] | ||||||||
| Deferred income tax assets | 65.1 | 73.3 | [1] | ||||||||
| Derivative financial instrument assets | 48.1 | 29.4 | [1] | ||||||||
| Trade and other receivables | 135.8 | 121.0 | [1] | ||||||||
| Non-current assets | 1,986.6 | 3,322.2 | [1] | 4,361.6 | |||||||
| Current assets | |||||||||||
| Inventories | 42.1 | 30.6 | [1] | ||||||||
| Income tax receivable | 0.8 | 2.3 | [1] | 3.7 | |||||||
| Trade and other receivables | 181.4 | 313.4 | [1] | ||||||||
| Cash and cash equivalents | [2] | 825.7 | 578.0 | [1] | |||||||
| Assets held for sale | 1,453.0 | ||||||||||
| Current assets | 2,503.0 | 924.3 | [1] | ||||||||
| TOTAL ASSETS | 4,489.6 | 4,246.5 | [1] | 5,334.2 | |||||||
| Non-current liabilities | |||||||||||
| Trade and other payables | 122.3 | 50.6 | [1] | 38.9 | |||||||
| Borrowings | 2,842.0 | 3,219.2 | [1] | ||||||||
| Lease liabilities | 311.7 | 470.5 | [1] | ||||||||
| Provisions for other liabilities and charges | 59.7 | 83.8 | [1] | ||||||||
| Deferred income tax liabilities | 40.4 | 88.6 | [1] | 125.2 | |||||||
| Non-current liabilities | 3,376.1 | 3,912.7 | [1] | 3,817.8 | |||||||
| Current liabilities | |||||||||||
| Trade and other payables | 278.0 | 377.1 | [1] | 498.3 | |||||||
| Provisions for other liabilities and charges | 6.0 | 0.2 | [1] | ||||||||
| Derivative financial instrument liabilities | [1] | 10.2 | |||||||||
| Income tax payable | 69.9 | 49.9 | [1] | 75.6 | |||||||
| Borrowings | 295.7 | 128.7 | [1] | ||||||||
| Lease liabilities | 60.7 | 82.1 | [1] | ||||||||
| Liabilities held for sale | 493.0 | ||||||||||
| Current liabilities | 1,203.3 | 648.2 | [1] | 1,187.7 | |||||||
| TOTAL LIABILITIES | 4,579.4 | 4,560.9 | [1] | 5,005.5 | |||||||
| EQUITY | |||||||||||
| Stated capital | 5,419.7 | 5,403.1 | [1] | ||||||||
| Accumulated losses | (6,800.4) | (6,944.0) | [1] | ||||||||
| Other reserves | 1,129.4 | 1,067.7 | [1] | ||||||||
| Equity attributable to owners of the Company | (251.3) | (473.2) | [1] | ||||||||
| Non-controlling interests | 161.5 | 158.8 | [1] | 237.5 | |||||||
| TOTAL EQUITY | (89.8) | (314.4) | [1],[3] | $ 328.7 | [3] | ||||||
| TOTAL LIABILITIES AND EQUITY | $ 4,489.6 | $ 4,246.5 | [1] | ||||||||
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