AIA Group Limited (HKEX:1299) Annual Report 2021



The latest annual report of AIA Group Limited (1299) 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 - 1299 Annual Results

Amounts in USD

Total Revenue
46.36B
Gross Profit
11.71B
EBIT
8.02B
Net Tangible Assets
57.55B
Net Income
7.43B
Capital Expenditures
-

1299 Income Statement 2021 Annual Report

As per the latest Income Statement of 1299, the Net revenue decreased by $-4.494B (-9%) compared to the previous period. The operating income in 2021 decreased by $-339.00M (-4%). The net income as per the annual report was 7.43B which increased by $1.648B (29%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue46.36B50.85B
Gross Profit11.71B11.71B
Operating Income8.02B8.36B
Income Before Tax8.47B7.27B
Net Income7.43B5.78B

Balance Sheet - 1299 2021 Annual Report

Read further: 1299 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of AIA Group Limited showed the company reduced the cash on balance sheet by $-487.00M (-11%). The Net tangible assets of 1299 on the balance sheet were at 57.55B which is $-3.013B (-5%) less than previous annual report. The total stockholder equity also decreased by $-2.733B (-4%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash3.91B4.4B
Total Assets339.87B 326.12B
Long Term Debt9.64B7.87B
Total Liabilities278.94B 262.45B
Total Shareholder Equity60.47B63.2B
Net Tangible Assets57.55B60.57B

Cash Flow Statement - 1299 2021 Annual Report

The 2021 annual cash flow statement of AIA Group Limited showed that the net income increased by $1.648B (29%) compared to previous reporting period. Also the capital expenditure of 1299 increased by $NaN (NaN%).

As of 2021, the total cash from investing activities was -2.78B and total cash from financing activities was -1.66B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income7.43B5.78B
Capital Expenditures--
Dividends Paid-2.15B-2B
Total Cash From From Investing Activities-2.78B-1.22B
Total Cash From From Financing Activities-1.66B392M

AIA Group Limited Annual Report History

Income Statement

Income Statement history of AIA Group Limited (HKEX:1299)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue46.36B50.85B47.95B33.02B
Cost Of Revenue34.65B39.14B36.41B26.52B
Gross Profit11.71B11.71B11.53B6.5B
Research Development----
Selling General Administrative3.03B2.69B2.47B2.18B
Non Recurring----
Other Operating Expenses657M659M599M533.54M
Total Operating Expenses38.34B42.49B39.48B29.24B
Operating Income8.02B8.36B8.47B3.79B
Total Other Income Expense Net451M-1.09B-1.24B63.69M
Ebit8.02B8.36B8.47B3.79B
Interest Expense-357M-292M-283M-210.46M
Income Before Tax8.47B7.27B7.23B3.85B
Income Tax Expense991M1.49B1.21B871.38M
Minority Interest467M468M448M400M
Net Income From Continuing Ops7.48B5.78B6.02B2.98B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income7.43B5.78B5.98B2.92B
Net Income Applicable To Common Shares7.43B5.78B5.98B2.92B

Balance Sheet Statement

Balance Sheet Statement history of AIA Group Limited (HKEX:1299)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash3.91B4.4B3.19B1.78B
Short Term Investments407M271M265M149M
Net Receivables1.75B2.09B1.66B1.48B
Other Current Assets9.05B8.11B6.78B5.86B
Total Current Assets125.45B111.38B95.84B75.22B
Long Term Investments164.62B168.4B143.16B114.62B
Property Plant Equipment2.74B2.72B2.87B1.23B
Good Will1.85B1.66B1.55B972M
Intangible Assets29.54B28.63B27B25.28B
Other Assets15.67B13.33B13.72B12.49B
Deferred Long Term Asset Charges50M23M23M26M
Total Assets339.87B326.12B284.13B229.81B
Accounts Payable37.97B36.86B29.04B12.18B
Short Long Term Debt167M1B-500M
Other Current Liab31.32B27.07B23.02B12.14B
Long Term Debt9.64B7.87B5.92B4.5B
Other Liab197.78B187.49B168.37B159.4B
Deferred Long Term Liab229M261M302M347M
Minority Interest467M468M448M400M
Total Current Liabilities71.22B66.77B54.07B26.51B
Total Liab278.94B262.45B228.74B190.4B
Common Stock14.16B14.15B14.13B14.07B
Retained Earnings49.98B44.7B40.92B35.66B
Treasury Stock-3.68B4.34B-104M-10.73B
Other Stockholder Equity-3.68B4.34B-104M-10.73B
Total Stockholder Equity60.47B63.2B54.95B39.01B
Net Tangible Assets57.55B60.57B52.43B37.04B

Cash Flow Statement

Cash Flow Statement history of AIA Group Limited (HKEX:1299)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income7.43B5.78B5.98B2.92B
Depreciation347M347M322M144.92M
Change To Netincome-3.96B-3.86B-3.03B-1.25B
Change To Liabilities----
Total Cash From Operating Activities3.91B2.36B3.34B1.86B
Investments-1.89B-6M-5M-2.77M
Total Cashflows From Investing Activities-2.78B-1.22B-245M-764.31M
Dividends Paid-2.15B-2B-1.81B-1.47B
Net Borrowings907M2.61B642M913.85M
Other Cashflows From Financing Activities-320M-233M-236M-167.08M
Total Cash From Financing Activities-1.66B392M-1.52B-723.69M
Effect Of Exchange Rate-165M110M35M-45.23M
Change In Cash-698M1.64B1.61B331.38M
Repurchase Of Stock-106M-16M-21M-11.08M
Issuance Of Stock5M26M56M7.38M
Capital Expenditures----