Amcor plc (ASX:AMC) Annual Report 2020



The latest annual report of Amcor plc (AMC) was published on 30 Jun 2020. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - AMC Annual Results

Amounts in USD

Total Revenue
12.47B
Gross Profit
2.54B
EBIT
1.19B
Net Tangible Assets
-2.71B
Net Income
612.2M
Capital Expenditures
-399.5M

AMC Income Statement 2020 Annual Report

As per the latest Income Statement of AMC, the Net revenue increased by $3.0093B (32%) compared to the previous period. The operating income in 2020 increased by $252.50M (27%). The net income as per the annual report was 612.2M which increased by $182.00M (42%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue12.47B9.46B
Gross Profit2.54B1.8B
Operating Income1.19B938.3M
Income Before Tax811.2M608.2M
Net Income612.2M430.2M

Balance Sheet - AMC 2020 Annual Report

Read further: AMC Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Amcor plc showed the company increased the cash on balance sheet by $141.00M (23%). The Net tangible assets of AMC on the balance sheet were at -2.71B which is $-853.90M (-46%) less than previous annual report. The total stockholder equity also decreased by $-983.10M (-18%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash742.6M601.6M
Total Assets16.44B 17.16B
Long Term Debt6B5.3B
Total Liabilities11.76B 11.49B
Total Shareholder Equity4.63B5.61B
Net Tangible Assets-2.71B-1.85B

Cash Flow Statement - AMC 2020 Annual Report

The 2020 annual cash flow statement of Amcor plc showed that the net income increased by $182.00M (42%) compared to previous reporting period. Also the capital expenditure of AMC decreased by $-67.30M (-20%).

As of 2020, the total cash from investing activities was 37.9M and total cash from financing activities was -1.24B.

Cash Flow Statement Report (2020/2019)

20202019
Net Income612.2M430.2M
Capital Expenditures-399.5M-332.2M
Dividends Paid-747.6M-666.1M
Total Cash From From Investing Activities37.9M10.2M
Total Cash From From Financing Activities-1.24B-764.9M

Amcor plc Annual Report History

Income Statement

Income Statement history of Amcor plc (ASX:AMC)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue12.47B9.46B9.32B9.1B
Cost Of Revenue9.93B7.66B7.46B7.19B
Gross Profit2.54B1.8B1.86B1.91B
Research Development97.3M64M72.7M69.1M
Selling General Administrative1.28B815.2M784.2M912.5M
Non Recurring----
Other Operating Expenses-35.4M-18.4M-43M-41.1M
Total Operating Expenses11.28B8.52B8.28B8.13B
Operating Income1.19B938.3M1.04B971.3M
Total Other Income Expense Net-379.6M-330.1M-337.5M-241.4M
Ebit1.19B938.3M1.04B971.3M
Interest Expense-206.9M-207.9M-210M-190.9M
Income Before Tax811.2M608.2M705.4M729.9M
Income Tax Expense186.9M171.5M118.8M148.9M
Minority Interest61.2M65.7M68.8M69.6M
Net Income From Continuing Ops624.3M436.7M586.6M581M
Discontinued Operations-7.7M700k700k700k
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income612.2M430.2M575.2M564M
Net Income Applicable To Common Shares611.8M429.4M573.9M562.3M

Balance Sheet Statement

Balance Sheet Statement history of Amcor plc (ASX:AMC)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash742.6M601.6M620.8M561.5M
Net Receivables1.62B1.86B1.38B1.33B
Inventory1.83B1.95B1.36B1.31B
Other Current Assets7.8M421.2M8.8M14.3M
Total Current Assets4.53B5.21B3.62B3.29B
Long Term Investments109.7M131.7M138.6M438.7M
Property Plant Equipment4.14B3.98B2.7B2.77B
Good Will5.34B5.16B2.06B2.03B
Intangible Assets1.99B2.31B324.8M362.2M
Other Assets324M385.4M218.7M197.3M
Deferred Long Term Asset Charges135.4M190.9M70.7M66.7M
Total Assets16.44B17.16B9.06B9.08B
Accounts Payable2.17B2.3B1.86B2.61B
Short Long Term Debt9.7M5.4M984.1M341.6M
Other Current Liab1.02B1.06B760.2M301.7M
Long Term Debt6B5.3B2.69B3.48B
Other Liab1.29B1.64B615.2M693M
Minority Interest61.2M65.7M68.8M69.6M
Total Current Liabilities3.97B4.54B5.06B4.03B
Total Liab11.76B11.49B8.36B8.21B
Common Stock15.7M16.3M-1.43B
Retained Earnings246.5M323.7M561.4M264.9M
Treasury Stock-1.12B-738.5M-719.2M-889.8M
Capital Surplus5.48B6.01B784.4M-
Other Stockholder Equity-1.05B-722.4M-708.5M-881.7M
Total Stockholder Equity4.63B5.61B626.6M800.1M
Net Tangible Assets-2.71B-1.85B-1.75B-1.6B

Cash Flow Statement

Cash Flow Statement history of Amcor plc (ASX:AMC)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income612.2M430.2M575.2M564M
Depreciation630.1M377.9M352.7M351.8M
Change To Netincome-5.8M-44.5M60.9M39.1M
Change To Account Receivables133.3M-83.7M700k-13.2M
Change To Liabilities-48.1M120.5M137M137.5M
Change To Inventory25.6M3.2M-95M-48.1M
Change To Operating Activities28.8M-33.3M-165.2M-127.2M
Total Cash From Operating Activities1.38B776.1M871.4M908.9M
Capital Expenditures-399.5M-332.2M-365M-379.3M
Other Cashflows From Investing Activities-200k-500k-700k-700k
Total Cashflows From Investing Activities37.9M10.2M-241.9M-632M
Dividends Paid-747.6M-666.1M-515.5M-480.7M
Net Borrowings123M-59.7M30.8M326.7M
Other Cashflows From Financing Activities-9.2M-38.2M-50.4M-52.6M
Total Cash From Financing Activities-1.24B-764.9M-542.7M-223M
Effect Of Exchange Rate-44.7M1M-27.5M-8.1M
Change In Cash141M-19.2M59.3M45.8M
Repurchase Of Stock-603.6M-20.2M-35.7M-40.2M
Issuance Of Stock1M19.3M28.1M23.8M