Aviva plc (LSE:AV) Annual Report 2021



The latest annual report of Aviva plc (AV) 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 - AV Annual Results

Amounts in GBP

Total Revenue
16.66B
Gross Profit
2.85B
EBIT
97M
Net Tangible Assets
16.66B
Net Income
1.97B
Capital Expenditures
-86M

AV Income Statement 2021 Annual Report

As per the latest Income Statement of AV, the Net revenue decreased by £-9.182B (-36%) compared to the previous period. The operating income in 2021 decreased by £-2.785B (-97%). The net income as per the annual report was 1.97B which decreased by £-832.00M (-30%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue16.66B25.84B
Gross Profit2.85B4.94B
Operating Income97M2.88B
Income Before Tax801M1.81B
Net Income1.97B2.8B

Balance Sheet - AV 2021 Annual Report

Read further: AV Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Aviva plc showed the company reduced the cash on balance sheet by £-4.415B (-26%). The Net tangible assets of AV on the balance sheet were at 16.66B which is £-679.00M (-4%) less than previous annual report. The total stockholder equity also decreased by £-352.00M (-2%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash12.48B16.9B
Total Assets358.47B 479.86B
Long Term Debt7.29B9.58B
Total Liabilities339.02B 459.3B
Total Shareholder Equity19B19.35B
Net Tangible Assets16.66B17.33B

Cash Flow Statement - AV 2021 Annual Report

The 2021 annual cash flow statement of Aviva plc showed that the net income decreased by £-832.00M (-30%) compared to previous reporting period. Also the capital expenditure of AV decreased by £-9.00M (-12%).

As of 2021, the total cash from investing activities was 74M and total cash from financing activities was -4.4B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income1.97B2.8B
Capital Expenditures-86M-77M
Dividends Paid-1.13B-280M
Total Cash From From Investing Activities74M-135M
Total Cash From From Financing Activities-4.4B-871M

Aviva plc Annual Report History

Income Statement

Income Statement history of Aviva plc (LSE:AV)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue16.66B25.84B42.95B22.27B
Cost Of Revenue13.81B20.91B31.21B20.5B
Gross Profit2.85B4.94B11.74B1.77B
Research Development----
Selling General Administrative13M17M23M22M
Non Recurring----
Other Operating Expenses2.74B2.04B7.24B398M
Total Operating Expenses16.57B22.96B38.48B20.92B
Operating Income97M2.88B4.48B1.35B
Total Other Income Expense Net704M-1.07B-658M304M
Ebit97M2.88B4.48B1.35B
Interest Expense-427M-466M-473M-491M
Income Before Tax801M1.81B3.82B1.65B
Income Tax Expense465M346M1.2B-35M
Minority Interest252M1.01B977M966M
Net Income From Continuing Ops336M1.47B2.62B1.69B
Discontinued Operations1.7B1.44B43M43M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income1.97B2.8B2.55B1.57B
Net Income Applicable To Common Shares1.95B2.75B2.5B1.51B

Balance Sheet Statement

Balance Sheet Statement history of Aviva plc (LSE:AV)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash12.48B16.9B19.52B15.93B
Net Receivables6.28B9.54B9.13B8.71B
Other Current Assets15.03B31.07B21.87B20.61B
Total Current Assets41.9B69.97B60.76B53.76B
Long Term Investments261B343.4B337.81B315.94B
Property Plant Equipment428M768M889M548M
Good Will1.74B1.8B1.85B1.87B
Intangible Assets4.87B5.92B5.99B6.21B
Other Assets48.53B58B52.73B51.19B
Deferred Long Term Asset Charges138M119M151M185M
Total Assets358.47B479.86B460.04B429.52B
Other Current Liab16.46B37.59B26.3B25.11B
Long Term Debt7.29B9.58B8.8B9.17B
Other Liab314.74B411.49B405.44B376.53B
Minority Interest252M1.01B977M966M
Total Current Liabilities16.58B37.85B26.63B25.36B
Total Liab339.02B459.3B441.36B411.07B
Common Stock941M982M980M975M
Retained Earnings7.56B7.47B5.07B4.52B
Treasury Stock9.26B9.66B10.22B10.58B
Capital Surplus1.25B1.24B1.24B1.21B
Other Stockholder Equity9.31B9.67B10.23B10.59B
Total Stockholder Equity19B19.35B17.51B17.29B
Net Tangible Assets16.66B17.33B15.62B15.37B

Cash Flow Statement

Cash Flow Statement history of Aviva plc (LSE:AV)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income1.97B2.8B2.55B1.57B
Depreciation219M269M297M249M
Change To Netincome-12.91B-20.55B-27.93B16.22B
Change To Liabilities----
Change To Operating Activities10.83B14.87B30.87B-12.82B
Total Cash From Operating Activities220M-2.48B5.97B5.4B
Capital Expenditures-86M-77M-63M-87M
Total Cashflows From Investing Activities74M-135M-150M437M
Dividends Paid-1.13B-280M-1.24B-1.19B
Net Borrowings-2.04B-40M-375M-1.03B
Other Cashflows From Financing Activities-510M-552M-589M-647M
Total Cash From Financing Activities-4.4B-871M-2.19B-3.46B
Effect Of Exchange Rate-196M236M-245M61M
Change In Cash-4.3B-3.25B3.38B2.43B
Repurchase Of Stock-732M-2M-9M-604M
Issuance Of Stock6M3M27M8M