Antofagasta plc (LSE:ANTO) Annual Report 2021

The latest annual report of Antofagasta plc (ANTO) 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 - ANTO Annual Results

Amounts in USD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

ANTO Income Statement 2021 Annual Report

As per the latest Income Statement of ANTO, the Net revenue increased by $2.3408B (46%) compared to the previous period. The operating income in 2021 increased by $1.8505B (117%). The net income as per the annual report was 1.29B which increased by $783.80M (155%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 7.47B 5.13B
Gross Profit 4.35B 2.27B
Operating Income 3.43B 1.58B
Income Before Tax 3.48B 1.41B
Net Income 1.29B 506.4M

Balance Sheet - ANTO 2021 Annual Report

Read further: ANTO Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Antofagasta plc showed the company reduced the cash on balance sheet by $-503.40M (-40%). The Net tangible assets of ANTO on the balance sheet were at 8.35B which is $749.70M (10%) more than previous annual report. The total stockholder equity also increased by $599.60M (8%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 743.4M 1.25B
Total Assets 17.28B 16.6B
Long Term Debt 2.75B 3.02B
Total Liabilities 6.25B 6.52B
Total Shareholder Equity 8.35B 7.75B
Net Tangible Assets 8.35B 7.6B

Cash Flow Statement - ANTO 2021 Annual Report

The 2021 annual cash flow statement of Antofagasta plc showed that the net income increased by $783.80M (155%) compared to previous reporting period. Also the capital expenditure of ANTO decreased by $-470.10M (-36%).

As of 2021, the total cash from investing activities was -2.2B and total cash from financing activities was -1.95B.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 1.29B 506.4M
Capital Expenditures -1.78B -1.31B
Dividends Paid -710.9M -131.2M
Total Cash From From Investing Activities -2.2B -2.19B
Total Cash From From Financing Activities -1.95B 717.1M

Antofagasta plc Annual Report History

Income Statement

Income Statement history of Antofagasta plc (LSE:ANTO)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 7.47B 5.13B 4.96B 4.73B
Cost Of Revenue 3.12B 2.86B 2.96B 2.81B
Gross Profit 4.35B 2.27B 2B 1.93B
Research Development - - - -
Selling General Administrative 550.4M 453.9M 445.9M 422.7M
Non Recurring - - - -
Other Operating Expenses 270.3M 157.9M 90.9M 72.8M
Total Operating Expenses 4.04B 3.55B 3.61B 3.4B
Operating Income 3.43B 1.58B 1.35B 1.33B
Total Other Income Expense Net 51.1M -162.4M -3.9M -79.6M
Ebit 3.43B 1.58B 1.35B 1.33B
Interest Expense -63.5M -77.2M -111.2M -113.5M
Income Before Tax 3.48B 1.41B 1.35B 1.25B
Income Tax Expense 1.24B 526.5M 506.1M 423.7M
Minority Interest 2.68B 2.33B 2.02B 2.08B
Net Income From Continuing Ops 2.23B 886.6M 843.1M 829M
Discontinued Operations - 7.3M 7.3M 51.3M
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 1.29B 506.4M 501.4M 543.7M
Net Income Applicable To Common Shares 1.29B 506.4M 501.4M 543.7M

Balance Sheet Statement

Balance Sheet Statement history of Antofagasta plc (LSE:ANTO)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 743.4M 1.25B 653.7M 1.03B
Short Term Investments 2.97B 2.43B 1.54B 863.2M
Net Receivables 1.16B 1.07B 822.6M 964.2M
Inventory 532.8M 592.7M 586.4M 576.3M
Total Current Assets 5.41B 5.33B 3.61B 3.44B
Long Term Investments 914.5M 925.7M 1.03B 1.06B
Property Plant Equipment 10.54B 9.85B 9.56B 9.18B
Other Assets 419.7M 343.3M 268.2M 268.6M
Deferred Long Term Asset Charges 96.8M 6.4M 8.2M 37.2M
Total Assets 17.28B 16.6B 14.61B 14.1B
Accounts Payable 579.5M 536.5M 513.5M 463.7M
Short Long Term Debt 267.2M 529.3M 648.3M 607.2M
Other Current Liab 657.6M 485.8M 311.5M 228.3M
Long Term Debt 2.75B 3.02B 1.86B 1.71B
Other Liab 1.84B 1.75B 1.63B 1.48B
Minority Interest 2.68B 2.33B 2.02B 2.08B
Total Current Liabilities 1.57B 1.63B 1.55B 1.34B
Total Liab 6.25B 6.52B 5.21B 4.66B
Common Stock 89.8M 89.8M 89.8M 89.8M
Retained Earnings 8.07B 7.49B 7.11B 7.08B
Treasury Stock -10.4M -30.6M -18.1M -14.5M
Capital Surplus 199.2M 199.2M 199.2M 199.2M
Other Stockholder Equity -10.4M -30.6M -18.1M -14.5M
Total Stockholder Equity 8.35B 7.75B 7.38B 7.36B
Net Tangible Assets 8.35B 7.6B 7.23B 7.21B

Cash Flow Statement

Cash Flow Statement history of Antofagasta plc (LSE:ANTO)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 1.29B 506.4M 501.4M 543.7M
Depreciation 1.08B 1.05B 914.3M 760.5M
Change To Netincome 1.46B 719.7M 407.3M 248.4M
Change To Account Receivables -206.8M -259.9M 211.5M -151.5M
Change To Liabilities 55.7M 31M 88M -7M
Change To Inventory 10.9M -13.6M -7.6M -81.7M
Change To Operating Activities -19M 26.4M -24.1M -1.6M
Total Cash From Operating Activities 3.67B 2.06B 2.09B 1.31B
Capital Expenditures -1.78B -1.31B -1.08B -872.9M
Investments -577.2M -893.5M -678.3M 297.4M
Other Cashflows From Investing Activities 149.9M 12.6M 99M 29.8M
Total Cashflows From Investing Activities -2.2B -2.19B -1.66B -399.8M
Dividends Paid -710.9M -131.2M -470.4M -467M
Net Borrowings -634.5M 918.3M 60.8M -347.1M
Other Cashflows From Financing Activities -604.5M -70M -400M -120M
Total Cash From Financing Activities -1.95B 717.1M -809.6M -934.1M
Effect Of Exchange Rate -20.3M 4.8M -5.7M -26.1M
Change In Cash -503.4M 593.1M -380.7M -49.2M