MTR Corporation Limited (HKEX:0066) Annual Report 2021



The latest annual report of MTR Corporation Limited (0066) was published on 31 Dec 2021. 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 - 0066 Annual Results

Amounts in HKD

Total Revenue
47.2B
Gross Profit
9.43B
EBIT
13.55B
Net Tangible Assets
144.93B
Net Income
9.55B
Capital Expenditures
-8.64B

0066 Income Statement 2021 Annual Report

As per the latest Income Statement of 0066, the Net revenue increased by $4.661B (11%) compared to the previous period. The operating income in 2021 increased by $7.486B (123%). The net income as per the annual report was 9.55B which increased by $14.361B (299%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue47.2B42.54B
Gross Profit9.43B6.46B
Operating Income13.55B6.07B
Income Before Tax11.94B-3.52B
Net Income9.55B-4.81B

Balance Sheet - 0066 2021 Annual Report

Read further: 0066 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of MTR Corporation Limited showed the company reduced the cash on balance sheet by $-1.127B (-9%). The Net tangible assets of 0066 on the balance sheet were at 144.93B which is $1.097B (1%) more than previous annual report. The total stockholder equity also increased by $2.926B (2%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash10.75B11.88B
Total Assets292.08B 290.57B
Long Term Debt41.22B45.96B
Total Liabilities112.05B 113.59B
Total Shareholder Equity179.71B176.79B
Net Tangible Assets144.93B143.83B

Cash Flow Statement - 0066 2021 Annual Report

The 2021 annual cash flow statement of MTR Corporation Limited showed that the net income increased by $14.361B (299%) compared to previous reporting period. Also the capital expenditure of 0066 decreased by $-2.52B (-41%).

As of 2021, the total cash from investing activities was 5.97B and total cash from financing activities was -14.53B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income9.55B-4.81B
Capital Expenditures-8.64B-6.12B
Dividends Paid-7.17B-6.81B
Total Cash From From Investing Activities5.97B-675M
Total Cash From From Financing Activities-14.53B2.84B

MTR Corporation Limited Annual Report History

Income Statement

Income Statement history of MTR Corporation Limited (HKEX:0066)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue47.2B42.54B54.5B53.93B
Cost Of Revenue37.77B36.08B37.44B33.69B
Gross Profit9.43B6.46B17.07B20.24B
Research Development----
Selling General Administrative1.06B1.07B1.41B1.03B
Non Recurring----
Other Operating Expenses-10.62B-6.05B-2.79B70M
Total Operating Expenses33.65B36.47B41.29B39.78B
Operating Income13.55B6.07B13.21B14.15B
Total Other Income Expense Net-1.61B-9.59B801M4.33B
Ebit13.55B6.07B13.21B14.15B
Interest Expense-1.35B-1.42B-1.39B-1.41B
Income Before Tax11.94B-3.52B14.01B18.48B
Income Tax Expense2.26B1.3B1.92B2.33B
Minority Interest323M193M192M172M
Net Income From Continuing Ops9.68B-4.82B12.09B16.16B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income9.55B-4.81B11.93B16.01B
Net Income Applicable To Common Shares9.55B-4.81B11.93B16.01B

Balance Sheet Statement

Balance Sheet Statement history of MTR Corporation Limited (HKEX:0066)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash10.75B11.88B8.35B8.87B
Net Receivables16.91B16.7B12.32B11.66B
Inventory2.77B3.81B3.09B3.04B
Other Current Assets10.53B9.44B13.01B9.18B
Total Current Assets41.06B41.96B36.85B32.84B
Long Term Investments13.87B12B10.69B9B
Property Plant Equipment112.73B113.94B114.65B117.62B
Intangible Assets34.78B32.95B31.34B30.56B
Other Assets89.64B89.72B95.68B84.67B
Deferred Long Term Asset Charges599M470M134M121M
Total Assets292.08B290.57B289.21B274.69B
Short Long Term Debt1M48M16M31M
Other Current Liab13.46B11.82B14.84B12.41B
Long Term Debt41.22B45.96B34.99B35.48B
Other Liab54.6B51.13B47.84B41.2B
Deferred Long Term Liab1.96B1.12B1.95B1.88B
Minority Interest323M193M192M172M
Total Current Liabilities15.78B15.97B18.58B16.94B
Total Liab112.05B113.59B102.42B94.07B
Common Stock60.18B59.67B58.8B57.97B
Retained Earnings115.44B113.24B124.88B119.6B
Treasury Stock4.09B3.88B2.92B2.88B
Other Stockholder Equity4.09B3.88B2.92B2.88B
Total Stockholder Equity179.71B176.79B186.61B180.45B
Net Tangible Assets144.93B143.83B155.27B149.89B

Cash Flow Statement

Cash Flow Statement history of MTR Corporation Limited (HKEX:0066)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income9.55B-4.81B11.93B16.01B
Depreciation5.43B5.37B5.24B4.99B
Change To Netincome-7.66B4.38B-59M-4.03B
Change To Account Receivables813M-3.58B-1.37B-1.18B
Change To Liabilities-515M-463M1.49B-4.66B
Change To Inventory-153M-119M-188M-169M
Total Cash From Operating Activities7.47B772M17.04B10.95B
Capital Expenditures-8.64B-6.12B-9.02B-6.51B
Investments-1.09B-507M-1.42B-1.84B
Other Cashflows From Investing Activities-1.79B910M-6.74B-7.1B
Total Cashflows From Investing Activities5.97B-675M-8.31B-11.66B
Dividends Paid-7.17B-6.81B-6.65B-1.28B
Net Borrowings-6.58B10.14B-1.68B-1.55B
Other Cashflows From Financing Activities-734M-484M-809M-918M
Total Cash From Financing Activities-14.53B2.84B-9.13B-3.82B
Effect Of Exchange Rate-42M592M-122M-535M
Change In Cash-1.13B3.53B-519M-5.07B
Repurchase Of Stock-116M-86M-88M-239M
Issuance Of Stock67M77M96M162M