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)

2021 2020
Total Revenue 1.69B 1.53B
Gross Profit 1.54B 1.42B
Operating Income 247M 75M
Income Before Tax 1.11B 838M
Net Income 994M 833M

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)

2021 2020
Cash 1.9B 1.52B
Total Assets 11.42B 10.48B
Long Term Debt 644M 638M
Total Liabilities 3.56B 3.67B
Total Shareholder Equity 7.85B 6.81B
Net Tangible Assets 7.18B 6.36B

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)

2021 2020
Net Income 994M 833M
Capital Expenditures -12M -13M
Dividends Paid -308M -479M
Total Cash From From Investing Activities 755M 1.01B
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 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 1.69B 1.53B 3.85B 2.13B
Cost Of Revenue 142M 104M 421M -77M
Gross Profit 1.54B 1.42B 3.43B 2.21B
Research Development - - - -
Selling General Administrative 1.2B 1.22B 1.63B 1.69B
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 1.44B 1.45B 2.05B 1.62B
Operating Income 247M 75M 1.8B 515M
Total Other Income Expense Net 868M 763M -1.56B -1.3B
Ebit 247M 75M 1.8B 515M
Interest Expense -31M -32M -41M -50M
Income Before Tax 1.11B 838M 243M -787M
Income Tax Expense 120M -15M 28M 43M
Minority Interest 6M 3M 102M 101M
Net Income From Continuing Ops 995M 853M 215M -830M
Discontinued Operations - -15M 56M 1.67B
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 994M 833M 266M 830M
Net Income Applicable To Common Shares 994M 833M 266M 830M

Balance Sheet Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 1.9B 1.52B 1.61B 1.11B
Net Receivables 430M 369M 385M 332M
Other Current Assets 1.68B 1.63B 2.48B 2.67B
Total Current Assets 4.06B 3.56B 4.54B 4.16B
Long Term Investments 4.58B 4.46B 3.66B 3.71B
Property Plant Equipment 187M 236M 266M 61M
Good Will 331M 85M 1B 2.53B
Intangible Assets 336M 367M 647M 792M
Other Assets 1.93B 1.77B 1.3B 1.27B
Deferred Long Term Asset Charges 168M 131M 74M 61M
Total Assets 11.42B 10.48B 11.42B 12.52B
Accounts Payable 5M 6M - 2M
Other Current Liab 96M 208M 868M 752M
Long Term Debt 644M 638M 655M 1.08B
Other Liab 2.15B 1.95B 2.16B 2.44B
Deferred Long Term Liab 40M 53M 66M 86M
Minority Interest 6M 3M 102M 101M
Total Current Liabilities 568M 854M 1.71B 1.46B
Total Liab 3.56B 3.67B 4.76B 4.98B
Common Stock 305M 306M 327M 353M
Retained Earnings 5.89B 5.08B 3B 3.02B
Treasury Stock 1.01B 779M 2.6B 3.43B
Capital Surplus 640M 640M 640M 640M
Other Stockholder Equity 1.01B 779M 2.6B 3.43B
Total Stockholder Equity 7.85B 6.81B 6.56B 7.44B
Net Tangible Assets 7.18B 6.36B 4.92B 4.11B

Cash Flow Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 994M 833M 266M 830M
Depreciation 126M 157M 190M 212M
Change To Netincome -1.13B -801M -163M -970M
Change To Account Receivables 26M 46M 227M -1.8B
Change To Liabilities -68M 6M -8M 57M
Change To Operating Activities 47M -226M -352M 1.89B
Total Cash From Operating Activities 14M 56M 201M 250M
Capital Expenditures -12M -13M -28M -28M
Investments 863M 1.12B 1.88B 125M
Other Cashflows From Investing Activities -33M -33M -22M -5.52B
Total Cashflows From Investing Activities 755M 1.01B 1.82B -5.58B
Dividends Paid -308M -479M -518M -634M
Net Borrowings 181M -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 -9M 5M -17M 32M
Change In Cash 517M 11M 390M -8.76B
Repurchase Of Stock -82M -415M -566M -338M