Aviva plc (LSE:AV) Annual Report 2022

The latest annual report of Aviva plc (AV) was published on 31 Dec 2022. 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
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

AV Income Statement 2022 Annual Report

As per the latest Income Statement of AV, the Net revenue decreased by £-21.624B (-130%) compared to the previous period. The operating income in 2022 decreased by £-1.717B (-1770%). The net income as per the annual report was -1.16B which decreased by £-3.126B (-159%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue -4.96B 16.66B
Gross Profit 807M 2.85B
Operating Income -1.62B 97M
Income Before Tax -2.38B 801M
Net Income -1.16B 1.97B

Balance Sheet - AV 2022 Annual Report

Read further: AV Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Aviva plc showed the company increased the cash on balance sheet by £10.02B (80%). The Net tangible assets of AV on the balance sheet were at 9.62B which is £-7.036B (-42%) less than previous annual report. The total stockholder equity also decreased by £-6.617B (-35%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 22.5B 12.48B
Total Assets 315.32B 358.47B
Long Term Debt - -
Total Liabilities 302.42B 339.02B
Total Shareholder Equity 12.38B 19B
Net Tangible Assets 9.62B 16.66B

Cash Flow Statement - AV 2022 Annual Report

The 2022 annual cash flow statement of Aviva plc showed that the net income decreased by £-3.126B (-159%) compared to previous reporting period. Also the capital expenditure of AV increased by £70.00M (81%).

As of 2022, the total cash from investing activities was -339M and total cash from financing activities was -5.94B.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income -1.16B 1.97B
Capital Expenditures -16M -86M
Dividends Paid -862M -1.13B
Total Cash From From Investing Activities -339M 74M
Total Cash From From Financing Activities -5.94B -4.4B

Aviva plc Annual Report History

Income Statement

Income Statement history of Aviva plc (LSE:AV)

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Total Revenue -4.96B 16.66B 25.84B 42.95B
Cost Of Revenue -5.77B 13.81B 20.91B 31.21B
Gross Profit 807M 2.85B 4.94B 11.74B
Research Development - - - -
Selling General Administrative 20M 13M 17M 23M
Non Recurring - - - -
Other Operating Expenses 2.41B 2.74B 2.04B 7.24B
Total Operating Expenses -3.34B 16.57B 22.96B 38.48B
Operating Income -1.62B 97M 2.88B 4.48B
Total Other Income Expense Net -759M 704M -1.07B -658M
Ebit -1.62B 97M 2.88B 4.48B
Interest Expense -369M -427M -466M -473M
Income Before Tax -2.38B 801M 1.81B 3.82B
Income Tax Expense -1.24B 465M 346M 1.2B
Minority Interest 310M 252M 1.01B 977M
Net Income From Continuing Ops -1.14B 336M 1.47B 2.62B
Discontinued Operations - 1.7B 1.44B 43M
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income -1.16B 1.97B 2.8B 2.55B
Net Income Applicable To Common Shares -1.19B 1.95B 2.75B 2.5B

Balance Sheet Statement

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

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Cash 22.5B 12.48B 16.9B 19.52B
Net Receivables 6.38B 6.28B 9.54B 9.13B
Other Current Assets 13.06B 15.03B 31.07B 21.87B
Total Current Assets 49.68B 41.9B 69.97B 60.76B
Long Term Investments 220.96B 261B 343.4B 337.81B
Property Plant Equipment 350M 428M 768M 889M
Good Will 2.07B 1.74B 1.8B 1.85B
Intangible Assets 4.87B 4.87B 5.92B 5.99B
Other Assets 37.39B 48.53B 58B 52.73B
Deferred Long Term Asset Charges 611M 138M 119M 151M
Total Assets 315.32B 358.47B 479.86B 460.04B
Minority Interest 310M 252M 1.01B 977M
Total Liab 302.42B 339.02B 459.3B 441.36B
Common Stock 924M 941M 982M 980M
Retained Earnings 327M 7.56B 7.47B 5.07B
Treasury Stock 9.87B 9.26B 9.66B 10.22B
Capital Surplus 1.26B 1.25B 1.24B 1.24B
Other Stockholder Equity 9.96B 9.31B 9.67B 10.23B
Total Stockholder Equity 12.38B 19B 19.35B 17.51B
Net Tangible Assets 9.62B 16.66B 17.33B 15.62B
Long Term Debt - - - 8.8B

Cash Flow Statement

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

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net Income -1.16B 1.97B 2.8B 2.55B
Depreciation 199M 219M 269M 297M
Change To Netincome 58.04B -12.91B -20.55B -27.93B
Change To Liabilities - - - -
Change To Operating Activities -41.3B 10.83B 14.87B 30.87B
Total Cash From Operating Activities 15.88B 220M -2.48B 5.97B
Capital Expenditures -16M -86M -77M -63M
Total Cashflows From Investing Activities -339M 74M -135M -150M
Dividends Paid -862M -1.13B -280M -1.24B
Net Borrowings -958M -2.04B -40M -375M
Other Cashflows From Financing Activities -471M -510M -552M -589M
Total Cash From Financing Activities -5.94B -4.4B -871M -2.19B
Effect Of Exchange Rate 93M -196M 236M -245M
Change In Cash 9.7B -4.3B -3.25B 3.38B
Repurchase Of Stock -4.16B -732M -2M -9M
Issuance Of Stock 513M 6M 3M 27M