abrdn plc (LSE:ABDN) Annual Report 2021



The latest annual report of abrdn plc (ABDN) 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 - ABDN Annual Results

Amounts in GBP

Total Revenue
1.69B
Gross Profit
1.54B
EBIT
247M
Net Tangible Assets
7.18B
Net Income
994M
Capital Expenditures
-12M

ABDN Income Statement 2021 Annual Report

As per the latest Income Statement of ABDN, the Net revenue increased by £158.00M (10%) compared to the previous period. The operating income in 2021 increased by £172.00M (229%). The net income as per the annual report was 994M which increased by £161.00M (19%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue1.69B1.53B
Gross Profit1.54B1.42B
Operating Income247M75M
Income Before Tax1.11B838M
Net Income994M833M

Balance Sheet - ABDN 2021 Annual Report

Read further: ABDN Balance Sheet Detailed Analysis

The latest balance sheet from annual result of abrdn plc showed the company increased the cash on balance sheet by £385.00M (25%). The Net tangible assets of ABDN on the balance sheet were at 7.18B which is £825.00M (13%) more than previous annual report. The total stockholder equity also increased by £1.04B (15%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash1.9B1.52B
Total Assets11.42B 10.48B
Long Term Debt644M638M
Total Liabilities3.56B 3.67B
Total Shareholder Equity7.85B6.81B
Net Tangible Assets7.18B6.36B

Cash Flow Statement - ABDN 2021 Annual Report

The 2021 annual cash flow statement of abrdn plc showed that the net income increased by £161.00M (19%) compared to previous reporting period. Also the capital expenditure of ABDN increased by £1.00M (8%).

As of 2021, the total cash from investing activities was 755M and total cash from financing activities was -243M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income994M833M
Capital Expenditures-12M-13M
Dividends Paid-308M-479M
Total Cash From From Investing Activities755M1.01B
Total Cash From From Financing Activities-243M-1.06B

abrdn plc Annual Report History

Income Statement

Income Statement history of abrdn plc (LSE:ABDN)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue1.69B1.53B3.85B2.13B
Cost Of Revenue142M104M421M-77M
Gross Profit1.54B1.42B3.43B2.21B
Research Development----
Selling General Administrative1.2B1.22B1.63B1.69B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.44B1.45B2.05B1.62B
Operating Income247M75M1.8B515M
Total Other Income Expense Net868M763M-1.56B-1.3B
Ebit247M75M1.8B515M
Interest Expense-31M-32M-41M-50M
Income Before Tax1.11B838M243M-787M
Income Tax Expense120M-15M28M43M
Minority Interest6M3M102M101M
Net Income From Continuing Ops995M853M215M-830M
Discontinued Operations--15M56M1.67B
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income994M833M266M830M
Net Income Applicable To Common Shares994M833M266M830M

Balance Sheet Statement

Balance Sheet Statement history of abrdn plc (LSE:ABDN)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash1.9B1.52B1.61B1.11B
Net Receivables430M369M385M332M
Other Current Assets1.68B1.63B2.48B2.67B
Total Current Assets4.06B3.56B4.54B4.16B
Long Term Investments4.58B4.46B3.66B3.71B
Property Plant Equipment187M236M266M61M
Good Will331M85M1B2.53B
Intangible Assets336M367M647M792M
Other Assets1.93B1.77B1.3B1.27B
Deferred Long Term Asset Charges168M131M74M61M
Total Assets11.42B10.48B11.42B12.52B
Accounts Payable5M6M-2M
Other Current Liab96M208M868M752M
Long Term Debt644M638M655M1.08B
Other Liab2.15B1.95B2.16B2.44B
Deferred Long Term Liab40M53M66M86M
Minority Interest6M3M102M101M
Total Current Liabilities568M854M1.71B1.46B
Total Liab3.56B3.67B4.76B4.98B
Common Stock305M306M327M353M
Retained Earnings5.89B5.08B3B3.02B
Treasury Stock1.01B779M2.6B3.43B
Capital Surplus640M640M640M640M
Other Stockholder Equity1.01B779M2.6B3.43B
Total Stockholder Equity7.85B6.81B6.56B7.44B
Net Tangible Assets7.18B6.36B4.92B4.11B

Cash Flow Statement

Cash Flow Statement history of abrdn plc (LSE:ABDN)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income994M833M266M830M
Depreciation126M157M190M212M
Change To Netincome-1.13B-801M-163M-970M
Change To Account Receivables26M46M227M-1.8B
Change To Liabilities-68M6M-8M57M
Change To Operating Activities47M-226M-352M1.89B
Total Cash From Operating Activities14M56M201M250M
Capital Expenditures-12M-13M-28M-28M
Investments863M1.12B1.88B125M
Other Cashflows From Investing Activities-33M-33M-22M-5.52B
Total Cashflows From Investing Activities755M1.01B1.82B-5.58B
Dividends Paid-308M-479M-518M-634M
Net Borrowings181M-29M-487M-1.38B
Other Cashflows From Financing Activities-34M-41M-44M-1.1B
Total Cash From Financing Activities-243M-1.06B-1.61B-3.46B
Effect Of Exchange Rate-9M5M-17M32M
Change In Cash517M11M390M-8.76B
Repurchase Of Stock-82M-415M-566M-338M