Ashtead Group plc (LSE:AHT) Annual Report 2021



The latest annual report of Ashtead Group plc (AHT) was published on 30 Apr 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 - AHT Annual Results

Amounts in USD

Total Revenue
5.03B
Gross Profit
4.75B
EBIT
1.14B
Net Tangible Assets
1.69B
Net Income
697.4M
Capital Expenditures
-104.8M

AHT Income Statement 2021 Annual Report

As per the latest Income Statement of AHT, the Net revenue decreased by $-22.50M (0%) compared to the previous period. The operating income in 2021 decreased by $-87.30M (-7%). The net income as per the annual report was 697.4M which decreased by $-42.30M (-6%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue5.03B5.05B
Gross Profit4.75B4.82B
Operating Income1.14B1.23B
Income Before Tax936M982.8M
Net Income697.4M739.7M

Balance Sheet - AHT 2021 Annual Report

Read further: AHT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Ashtead Group plc showed the company reduced the cash on balance sheet by $-222.20M (-92%). The Net tangible assets of AHT on the balance sheet were at 1.69B which is $385.80M (30%) more than previous annual report. The total stockholder equity also increased by $296.50M (10%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash19.2M241.4M
Total Assets9.27B 10.53B
Long Term Debt3.03B4.49B
Total Liabilities6B 7.56B
Total Shareholder Equity3.27B2.97B
Net Tangible Assets1.69B1.31B

Cash Flow Statement - AHT 2021 Annual Report

The 2021 annual cash flow statement of Ashtead Group plc showed that the net income decreased by $-42.30M (-6%) compared to previous reporting period. Also the capital expenditure of AHT increased by $103.40M (50%).

As of 2021, the total cash from investing activities was -233.5M and total cash from financing activities was -1.45B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income697.4M739.7M
Capital Expenditures-104.8M-208.2M
Dividends Paid-182.1M-186.7M
Total Cash From From Investing Activities-233.5M-649.3M
Total Cash From From Financing Activities-1.45B-111.1M

Ashtead Group plc Annual Report History

Income Statement

Income Statement history of Ashtead Group plc (LSE:AHT)

30 Apr 202130 Apr 202030 Apr 201930 Apr 2018
Total Revenue5.03B5.05B4.5B3.71B
Cost Of Revenue276.2M229.9M159.7M128.2M
Gross Profit4.75B4.82B4.34B3.58B
Research Development----
Selling General Administrative1.19B1.22B1.15B971.9M
Non Recurring----
Other Operating Expenses1.26B1.23B1.09B873.9M
Total Operating Expenses3.89B3.82B3.28B2.71B
Operating Income1.14B1.23B1.22B992.9M
Total Other Income Expense Net-208.3M-248.8M-156.4M-130.8M
Ebit1.14B1.23B1.22B992.9M
Interest Expense-199.3M-240.8M-153.5M-110.1M
Income Before Tax936M982.8M1.06B862.1M
Income Tax Expense238.6M243.1M262.6M-106.7M
Minority Interest----
Net Income From Continuing Ops697.4M739.7M796.9M968.8M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income697.4M739.7M796.9M968.8M
Net Income Applicable To Common Shares697.4M739.7M796.9M968.8M

Balance Sheet Statement

Balance Sheet Statement history of Ashtead Group plc (LSE:AHT)

30 Apr 202130 Apr 202030 Apr 201930 Apr 2018
Cash19.2M241.4M12.8M19.1M
Net Receivables796M854.4M868.9M693.3M
Inventory73.8M83.3M83.5M55.2M
Total Current Assets889M1.18B965.2M767.6M
Property Plant Equipment1.74B1.8B573.7M451.5M
Good Will1.3B1.34B1.14B882.6M
Intangible Assets279.8M326.1M260.6M206.3M
Other Assets5.06B5.89B5.41B4.43B
Total Assets9.27B10.53B8.36B6.74B
Accounts Payable156.2M153.1M217M243.7M
Other Current Liab43.1M56M58.9M38.9M
Long Term Debt3.03B4.49B3.75B2.73B
Other Liab1.16B1.33B1.11B828.6M
Total Current Liabilities756.9M736.7M693.6M659.1M
Total Liab6B7.56B5.56B4.22B
Common Stock45.1M45.4M49.9M49.9M
Retained Earnings3.21B2.75B3.15B2.52B
Treasury Stock8.2M172.9M-406.2M-48.9M
Capital Surplus3.6M3.6M3.6M3.6M
Other Stockholder Equity88.2M316.5M241M132.1M
Total Stockholder Equity3.27B2.97B2.8B2.53B
Net Tangible Assets1.69B1.31B1.4B1.44B

Cash Flow Statement

Cash Flow Statement history of Ashtead Group plc (LSE:AHT)

30 Apr 202130 Apr 202030 Apr 201930 Apr 2018
Net Income697.4M739.7M796.9M968.8M
Depreciation1.16B1.14B889.7M739.1M
Change To Netincome-378.9M-975M-1.12B-1.15B
Change To Account Receivables-96.8M94.1M-84.7M-83.1M
Change To Liabilities89.9M-13.2M60.7M53M
Change To Inventory4M-500k-14.9M-7.7M
Total Cash From Operating Activities1.47B988.3M526.7M518.5M
Capital Expenditures-104.8M-208.2M-168.7M-138.6M
Total Cashflows From Investing Activities-233.5M-649.3M-749.8M-491.3M
Dividends Paid-182.1M-186.7M-164.2M-140.5M
Net Borrowings-1.26B541.8M855.3M294.8M
Total Cash From Financing Activities-1.45B-111.1M216.5M-14.1M
Effect Of Exchange Rate-7.9M700k300k-300k
Change In Cash-222.2M228.6M-6.3M12.8M
Repurchase Of Stock-12.5M-466.2M-474.6M-168.4M