Sands China Ltd. (HKEX:1928) Annual Report 2021



The latest annual report of Sands China Ltd. (1928) 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 - 1928 Annual Results

Amounts in USD

Total Revenue
2.87B
Gross Profit
1.73B
EBIT
-491M
Net Tangible Assets
850M
Net Income
-1.05B
Capital Expenditures
-564M

1928 Income Statement 2021 Annual Report

As per the latest Income Statement of 1928, the Net revenue increased by $1.187B (70%) compared to the previous period. The operating income in 2021 increased by $726.00M (60%). The net income as per the annual report was -1.05B which increased by $475.00M (31%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue2.87B1.69B
Gross Profit1.73B549M
Operating Income-491M-1.22B
Income Before Tax-1.04B-1.51B
Net Income-1.05B-1.52B

Balance Sheet - 1928 2021 Annual Report

Read further: 1928 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Sands China Ltd. showed the company reduced the cash on balance sheet by $-183.00M (-21%). The Net tangible assets of 1928 on the balance sheet were at 850M which is $-1.038B (-55%) less than previous annual report. The total stockholder equity also decreased by $-1.041B (-54%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash678M861M
Total Assets10.09B 10.55B
Long Term Debt7.82B6.92B
Total Liabilities9.21B 8.62B
Total Shareholder Equity888M1.93B
Net Tangible Assets850M1.89B

Cash Flow Statement - 1928 2021 Annual Report

The 2021 annual cash flow statement of Sands China Ltd. showed that the net income increased by $475.00M (31%) compared to previous reporting period. Also the capital expenditure of 1928 increased by $455.00M (45%).

As of 2021, the total cash from investing activities was -634M and total cash from financing activities was 366M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-1.05B-1.52B
Capital Expenditures-564M-1.02B
Dividends Paid--1.03B
Total Cash From From Investing Activities-634M-1.02B
Total Cash From From Financing Activities366M231M

Sands China Ltd. Annual Report History

Income Statement

Income Statement history of Sands China Ltd. (HKEX:1928)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue2.87B1.69B8.81B8.66B
Cost Of Revenue1.15B1.14B1.47B1.43B
Gross Profit1.73B549M7.33B7.24B
Research Development----
Selling General Administrative43M30M137M139M
Non Recurring----
Other Operating Expenses1.44B1.05B4.17B4.16B
Total Operating Expenses3.37B2.9B6.41B6.38B
Operating Income-491M-1.22B2.4B2.28B
Total Other Income Expense Net-554M-290M-370M-413M
Ebit-491M-1.22B2.4B2.28B
Interest Expense-360M-266M-280M-225M
Income Before Tax-1.04B-1.51B2.03B1.87B
Income Tax Expense3M16M--7M
Minority Interest----
Net Income From Continuing Ops-1.05B-1.52B2.03B1.88B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-1.05B-1.52B2.03B1.88B
Net Income Applicable To Common Shares-1.05B-1.52B2.03B1.88B

Balance Sheet Statement

Balance Sheet Statement history of Sands China Ltd. (HKEX:1928)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash678M861M2.47B2.68B
Net Receivables129M131M456M427M
Inventory15M15M16M14M
Other Current Assets28M28M26M25M
Total Current Assets892M1.08B3.05B3.18B
Property Plant Equipment8.52B8.87B8.4B8.18B
Intangible Assets38M41M48M46M
Other Assets646M551M601M654M
Total Assets10.09B10.55B12.1B12.06B
Accounts Payable980M1.17B1.36B1.38B
Short Long Term Debt1M---
Other Current Liab96M222M521M552M
Long Term Debt7.82B6.92B5.46B5.43B
Other Liab166M161M167M154M
Deferred Long Term Liab17M13M17M19M
Total Current Liabilities1.09B1.41B1.9B1.94B
Total Liab9.21B8.62B7.65B7.65B
Common Stock81M81M81M81M
Retained Earnings-884M162M2.7B2.72B
Treasury Stock89M101M85M64M
Capital Surplus1.6B1.58B1.58B1.54B
Other Stockholder Equity89M101M85M64M
Total Stockholder Equity888M1.93B4.45B4.41B
Net Tangible Assets850M1.89B4.4B4.36B

Cash Flow Statement

Cash Flow Statement history of Sands China Ltd. (HKEX:1928)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income-1.05B-1.52B2.03B1.88B
Depreciation717M669M611M658M
Change To Netincome534M343M387M399M
Change To Account Receivables-11M216M-65M-180M
Change To Liabilities-159M-567M-191M260M
Change To Operating Activities3M3M-5M-1M
Total Cash From Operating Activities88M-816M2.81B3.05B
Capital Expenditures-564M-1.02B-720M-492M
Other Cashflows From Investing Activities3M13M38M14M
Total Cashflows From Investing Activities-634M-1.02B-715M-513M
Net Borrowings890M1.48B-13M1.15B
Other Cashflows From Financing Activities-536M-229M-276M-218M
Total Cash From Financing Activities366M231M-2.31B-1.1B
Effect Of Exchange Rate-3M-1M10M10M
Change In Cash-183M-1.61B-205M1.44B
Issuance Of Stock12M6M28M23M
Dividends Paid--1.03B-2.05B-2.05B