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Cable & Wireless Seychelles
On this page
Company details
- Legal name
- Cable and Wireless (Seychelles) Limited
- Listing
- CWS on the MERJ Exchange, active (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · audited financial statements, signed / final · source
-
Revenue
SCR 955 million
955,251 SCR thousands · p15
+2.5% vs 2024
-
Operating profit / (loss)
SCR 175 million
174,643 SCR thousands · p15
−44.5% vs 2024
-
Profit / (loss) for the year
SCR 81.2 million
81,191 SCR thousands · p15
−64.8% vs 2024
-
Total assets
SCR 2.26 billion
2,258,969 SCR thousands · p17
+15.6% vs 2024
-
Total equity
SCR 887 million
887,373 SCR thousands · p17
−3.9% vs 2024
-
Cash from operations
SCR 331 million
331,295 SCR thousands · p21
+1.0% vs 2024
Large amounts are rounded for reading (SCR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in SCR thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — audited financial statements, signed / final; reported for the year · source
- FY2024 — audited financial statements, signed / final; comparative in the FY2025 filing · source
Income statement
| Line (as printed) | FY2025Audited financial statementsreported for the year | FY2024Audited financial statementscomparative in FY2025 filing |
|---|---|---|
| Revenue from contract with customers | 955,251 | 931,916 |
| Cost of operations | (582,802) | (471,875) |
| Gross profit | 372,449 | 460,041 |
| Selling and distribution expenses | (22,675) | (20,003) |
| Net impairment losses on financial assets | (13,380) | (16,296) |
| Administrative expenses | (163,065) | (137,387) |
| Other income | 14,722 | 47,770 |
| Other expense | (13,408) | (19,543) |
| Operating profit | 174,643 | 314,582 |
| Finance income | 452 | 8,584 |
| Finance costs | (48,492) | (38,123) |
| Finance costs– net1 | (48,040) | (29,539) |
| Share of net (loss)/ profit of associates accounted for us- ing the equity method | (1,094) | 5,216 |
| Profit before tax | 125,509 | 290,259 |
| Income tax expense | (44,318) | (59,352) |
| PROFIT FOR THE YEAR | 81,191 | 230,907 |
| Exchange differences on translation of foreign associate2 | 13,965 | (6,271) |
| Remeasurement of post-employment benefit obligations, net of tax3 | 1,457 | 3,213 |
| Other comprehensive income for the year | 15,422 | (3,058) |
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 96,613 | 227,849 |
Notes and alternative reported figures (3)
- “Finance costs– net” is an issuer-specific line, not mapped to a shared definition: Note 11: finance income less finance costs.
- “Exchange differences on translation of foreign associate” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income (may be reclassified), note 18.
- “Remeasurement of post-employment benefit obligations, net of tax” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income (not reclassified).
Balance sheet
| Line (as printed) | FY2025Audited financial statementsreported for the year | FY2024Audited financial statementscomparative in FY2025 filing |
|---|---|---|
| Property, plant and equipment | 615,606 | 448,853 |
| Intangible assets | 813,251 | 837,372 |
| Right-of-use assets | 22,704 | 26,293 |
| Investment properties | 49,753 | 42,150 |
| Trade and other receivables1 | 6,580 | 13,074 |
| Investment in subsidiary2 | –3 | –3 |
| Investment in associates | 104,511 | 91,640 |
| Non-current assets (unlabelled subtotal) | 1,612,405 | 1,459,382 |
| Inventories | 31,541 | 35,765 |
| Trade and other receivables | 123,916 | 125,451 |
| Current tax assets | 21,882 | –4 |
| Amount receivable from related parties5 | 108,339 | 134,504 |
| Cash and cash equivalents | 360,886 | 199,454 |
| Current assets before assets held for sale (unlabelled subtotal)6 | 646,564 | 495,174 |
| Assets held for sale7 | –8 | –8 |
| Current assets (unlabelled subtotal) | 646,564 | 495,174 |
| Total assets | 2,258,969 | 1,954,556 |
| Share capital | 150,000 | 150,000 |
| Share Premium | 307,318 | 307,318 |
| Amalgamation reserves9 | (1,208,810) | (1,208,810) |
| Other reserves | (3,966) | (17,931) |
| Retained earnings | 1,642,831 | 1,693,205 |
| Total equity | 887,373 | 923,782 |
| Trade and other payables10 | 185,194 | –11 |
| Lease liabilities | 20,330 | 23,026 |
| Deferred tax liabilities | 149,030 | 124,227 |
| Provision12 | 6,707 | 6,404 |
| Post-employment benefits obligations | 10,996 | 11,594 |
| Borrowings | 459,126 | 435,249 |
| Non-current liabilities (unlabelled subtotal) | 831,383 | 600,500 |
| Trade and other payables | 307,397 | 309,696 |
| Contract liability | 6,593 | 11,291 |
| Provision | 46,545 | 44,903 |
| Current tax liabilities | –13 | 15,032 |
| Lease liabilities | 5,998 | 6,367 |
| Borrowings | 173,680 | 42,985 |
| Current liabilities (unlabelled subtotal) | 540,213 | 430,274 |
| Total liabilities | 1,371,596 | 1,030,774 |
| Total equity and liabilities | 2,258,969 | 1,954,556 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
- Printed “-”, read as nil: subtotal_arithmetic: bs.native.co_xnfaat9p2kht.current_assets_before_held_for_sale.
- Printed “-”, read as nil: subtotal_arithmetic: bs.current_assets.
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
- Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (8)
- “Trade and other receivables” is an issuer-specific line, not mapped to a shared definition: Note 20: non-current portion.
- “Investment in subsidiary” is an issuer-specific line, not mapped to a shared definition: Note 17: nil in the Group statement (eliminated on consolidation).
- “Amount receivable from related parties” is an issuer-specific line, not mapped to a shared definition: Note 31.
- “Current assets before assets held for sale (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal of the current assets before assets held for sale.
- “Assets held for sale” is an issuer-specific line, not mapped to a shared definition: Assets classified as held for sale.
- “Amalgamation reserves” is an issuer-specific line, not mapped to a shared definition: Note 22.
- “Trade and other payables” is an issuer-specific line, not mapped to a shared definition: Note 25: non-current portion.
- “Provision” is an issuer-specific line, not mapped to a shared definition: Note 27: non-current portion.
Cash flow
| Line (as printed) | FY2025Audited financial statementsreported for the year | FY2024Audited financial statementscomparative in FY2025 filing |
|---|---|---|
| Cash generated from operations | 419,701 | 411,866 |
| Taxation paid | (57,148) | (51,239) |
| Finance costs paid1 | (31,258) | (32,588) |
| Net cash generated from operations | 331,295 | 328,039 |
| Payments for property, plant and equipment | (119,899) | (96,403) |
| Payment for the purchase of intangible assets | (61,489) | (86,952) |
| Proceeds from disposal of property, plant and equipment | (68) | –2 |
| Proceeds from sale of Assets held for sale3 | –2 | 31,564 |
| Net cash used in investing activities | (181,456) | (151,791) |
| Dividend paid to company's shareholders | (133,022) | (130,019) |
| Loan repaid during the year | (50,011) | (146,710) |
| Proceeds from borrowing | 199,569 | 114,500 |
| Lease payments (principal and interest)4 | (9,242) | (8,533) |
| Net cash used in financing activities | 7,294 | (170,762) |
| Net increase in cash and cash equivalents | 157,133 | 5,486 |
| Effects of exchange rate changes | 4,299 | 4,650 |
| Cash and cash equivalents at beginning of year | 199,454 | 189,318 |
| Cash and cash equivalents at end of year | 360,886 | 199,454 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (3)
- “Finance costs paid” is an issuer-specific line, not mapped to a shared definition: Operating activities.
- “Proceeds from sale of Assets held for sale” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- “Lease payments (principal and interest)” is an issuer-specific line, not mapped to a shared definition: Financing activities, note 15: principal and interest together.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2025 | Dividends paid (cash flow statement) | Dividend paid to company's shareholders |
(133,022) | SCR thousands | Audited financial statements, p21 |
| 31 Dec 2024 | Dividends paid (cash flow statement) | Dividend paid to company's shareholders |
(130,019) | SCR thousands | Audited financial statements, p21 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Cable and Wireless (Seychelles) Limited Consolidated and Separate Financial Statements for the year ended 31 December 2025
Year ended 31 December 2025 · Audited financial statements · signed / final
Audit: PricewaterhouseCoopers (Mauritius), unmodified opinion · signed
Auditor's sign-off: PricewaterhouseCoopers; Olivier Rey, licensed by FRC
Final status: Independent auditor's report e-signed (DocuSign) for PricewaterhouseCoopers and by Olivier Rey, licensed by FRC, dated 29 March 2026 (PDF p14, page image); opinion on PDF p6. Statements authorised for issue by the board with the date 3/29/2026 entered in the blank and signed by eight directors (PDF p17, page image; also PDF p18).
- Document date
- 29 Mar 2026
- Auditor's report
- 29 Mar 2026
- Board approval
- 29 Mar 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- consolidated statements · SCR thousands (printed “SCR'000”)
- 2024 comparatives restated (note 38, PDF pp70-71): intangible assets and retained earnings reduced by SCR 63,300k (impairment from prior-period errors, also at 01 January 2024); other income and other expenses now presented gross (2024 net other income 28,227 split into 47,770 and (19,543)).
- Cash flows: 'Proceeds from disposal of property, plant and equipment' is printed as (68) in 2025; the cash-flow 'Dividend paid to company's shareholders' label is missing from the text layer and is read as an unlabelled row (values from the text layer, label from the page image).
- Group statement of financial position: the 'Restricted cash' row prints a value only for 01 January 2024 (17,542); its 2025 and 2024 cells are blank, so the row is not transcribed (the current-asset subtotal adds up without it). 'Investment in subsidiary' prints dashes in the Group columns.
Technical details
- File
- 71 pages, with a text layer
- SHA-256
bbd742f2494b25f9fa44c9a41ee8e985853f535cad59806ba36374592a994657- Entity as printed
- CABLE AND WIRELESS (SEYCHELLES) LIMITED (the Company) and its subsidiary (together the Group)
- Issuer copy
- retrieved 2026-10-08T18:46:48Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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