AMP Limited (ASX:AMP) Annual Report 2020



The latest annual report of AMP Limited (AMP) was published on 31 Dec 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 - AMP Annual Results

Amounts in AUD

Total Revenue
3.43B
Gross Profit
3.43B
EBIT
480M
Net Tangible Assets
3.99B
Net Income
177M
Capital Expenditures
-83M

AMP Income Statement 2020 Annual Report

As per the latest Income Statement of AMP, the Net revenue decreased by $-595.00M (-15%) compared to the previous period. The operating income in 2020 increased by $165.00M (52%). The net income as per the annual report was 177M which increased by $2.644B (107%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue3.43B4.02B
Gross Profit3.43B4.02B
Operating Income480M315M
Income Before Tax51M-2.09B
Net Income177M-2.47B

Balance Sheet - AMP 2020 Annual Report

Read further: AMP Balance Sheet Detailed Analysis

The latest balance sheet from annual result of AMP Limited showed the company reduced the cash on balance sheet by $-1.998B (-45%). The Net tangible assets of AMP on the balance sheet were at 3.99B which is $-560.00M (-12%) less than previous annual report. The total stockholder equity also decreased by $-586.00M (-12%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash2.43B4.43B
Total Assets32.16B 147.68B
Long Term Debt4.29B6.97B
Total Liabilities27.88B 142.71B
Total Shareholder Equity4.27B4.86B
Net Tangible Assets3.99B4.55B

Cash Flow Statement - AMP 2020 Annual Report

The 2020 annual cash flow statement of AMP Limited showed that the net income increased by $2.644B (107%) compared to previous reporting period. Also the capital expenditure of AMP decreased by $-28.00M (-51%).

As of 2020, the total cash from investing activities was 3.21B and total cash from financing activities was -1.99B.

Cash Flow Statement Report (2020/2019)

20202019
Net Income177M-2.47B
Capital Expenditures-83M-55M
Dividends Paid--117M
Total Cash From From Investing Activities3.21B8.15B
Total Cash From From Financing Activities-1.99B308M

AMP Limited Annual Report History

Income Statement

Income Statement history of AMP Limited (ASX:AMP)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue3.43B4.02B8.29B18.44B
Cost Of Revenue--3.32B12.39B
Gross Profit3.43B4.02B4.97B6.05B
Research Development----
Selling General Administrative2.06B2.34B2.84B2.77B
Non Recurring----
Other Operating Expenses885M1.37B1.87B1.05B
Total Operating Expenses2.95B3.71B8.02B16.22B
Operating Income480M315M264M2.22B
Total Other Income Expense Net-429M-2.41B-630M-585M
Ebit480M315M264M2.22B
Interest Expense-424M-567M-611M-585M
Income Before Tax51M-2.09B-366M1.64B
Income Tax Expense-19M-260M-417M763M
Minority Interest8M118M106M81M
Net Income From Continuing Ops70M-1.83B51M873M
Discontinued Operations124M-603M-603M-603M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income177M-2.47B28M848M
Net Income Applicable To Common Shares177M-2.47B28M848M

Balance Sheet Statement

Balance Sheet Statement history of AMP Limited (ASX:AMP)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash2.43B4.43B3.93B3.6B
Net Receivables656M1.34B971M701M
Other Current Assets603M4.77B4.08B3.49B
Total Current Assets7.88B123.49B119.71B121.26B
Long Term Investments2.02B896M1.15B3.31B
Property Plant Equipment264M343M95M75M
Good Will157M172M2.13B2.12B
Intangible Assets244M482M573M661M
Other Assets21.59B22.3B21.71B20.81B
Deferred Long Term Asset Charges828M1.26B966M686M
Total Assets32.16B147.68B145.37B148.24B
Accounts Payable12M1.15B2.22B2.2B
Short Long Term Debt20.63B15.88B13.76B13.13B
Other Current Liab564M1.16B1.4B615M
Long Term Debt4.29B6.97B7.63B7.65B
Other Liab1.9B116.3B112.34B116.44B
Deferred Long Term Liab239M223M505M434M
Minority Interest8M118M106M81M
Total Current Liabilities21.54B19.22B18.61B16.86B
Total Liab27.88B142.71B138.58B140.96B
Common Stock10.36B10.4B9.61B9.55B
Retained Earnings-3.67B-3.51B-886M-164M
Treasury Stock-2.41B-2.03B-2.04B-2.18B
Other Stockholder Equity-2.4B-1.93B-1.93B-2.01B
Total Stockholder Equity4.27B4.86B6.68B7.2B
Net Tangible Assets3.99B4.55B4.4B4.92B

Cash Flow Statement

Cash Flow Statement history of AMP Limited (ASX:AMP)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income177M-2.47B28M848M
Depreciation99M140M46M48M
Change To Netincome6.65B-9.31B2.8B-6.14B
Change To Account Receivables281M-567M-569M-152M
Change To Liabilities----
Change To Operating Activities-8.93B3.98B-5.55B3.52B
Total Cash From Operating Activities-2.74B-7.77B-3.98B-1.4B
Capital Expenditures-83M-55M-37M-46M
Investments1.41B8.2B4.36B-2.61B
Other Cashflows From Investing Activities2.34B2.34B2.34B2.34B
Total Cashflows From Investing Activities3.21B8.15B4.21B-2.95B
Net Borrowings-1.63B-320M-726M2.8B
Other Cashflows From Financing Activities-17M-21M1.36B1B
Total Cash From Financing Activities-1.99B308M-77M2.77B
Effect Of Exchange Rate-4M2M13M-8M
Change In Cash-5.42B687M160M-1.59B
Dividends Paid--117M-708M-828M