The Berkeley Group Holdings plc (LSE:BKG) Annual Report 2021



The latest annual report of The Berkeley Group Holdings plc (BKG) 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 - BKG Annual Results

Amounts in GBP

Total Revenue
2.2B
Gross Profit
635.3M
EBIT
502.3M
Net Tangible Assets
3.16B
Net Income
422.7M
Capital Expenditures
-2.4M

BKG Income Statement 2021 Annual Report

As per the latest Income Statement of BKG, the Net revenue increased by £281.80M (15%) compared to the previous period. The operating income in 2021 increased by £32.60M (7%). The net income as per the annual report was 422.7M which increased by £12.60M (3%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue2.2B1.92B
Gross Profit635.3M637.4M
Operating Income502.3M469.7M
Income Before Tax518.1M503.7M
Net Income422.7M410.1M

Balance Sheet - BKG 2021 Annual Report

Read further: BKG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of The Berkeley Group Holdings plc showed the company reduced the cash on balance sheet by £-210.70M (-13%). The Net tangible assets of BKG on the balance sheet were at 3.16B which is £73.80M (2%) more than previous annual report. The total stockholder equity also increased by £73.80M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash1.43B1.64B
Total Assets5.55B 5.65B
Long Term Debt300M300M
Total Liabilities2.38B 2.55B
Total Shareholder Equity3.18B3.1B
Net Tangible Assets3.16B3.08B

Cash Flow Statement - BKG 2021 Annual Report

The 2021 annual cash flow statement of The Berkeley Group Holdings plc showed that the net income increased by £12.60M (3%) compared to previous reporting period. Also the capital expenditure of BKG increased by £7.30M (75%).

As of 2021, the total cash from investing activities was 900k and total cash from financing activities was -535.8M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income422.7M410.1M
Capital Expenditures-2.4M-9.7M
Dividends Paid-145.5M-149.8M
Total Cash From From Investing Activities900k137.1M
Total Cash From From Financing Activities-535.8M-82.1M

The Berkeley Group Holdings plc Annual Report History

Income Statement

Income Statement history of The Berkeley Group Holdings plc (LSE:BKG)

30 Apr 202130 Apr 202030 Apr 201930 Apr 2018
Total Revenue2.2B1.92B2.96B2.84B
Cost Of Revenue1.57B1.28B2.03B1.86B
Gross Profit635.3M637.4M926.2M983.5M
Research Development----
Selling General Administrative133M167.7M157.8M166.5M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.7B1.45B2.19B2.02B
Operating Income502.3M469.7M768.4M817M
Total Other Income Expense Net15.8M34M6.8M160M
Ebit502.3M469.7M768.4M817M
Interest Expense-9.6M-11.7M-12.7M-9.3M
Income Before Tax518.1M503.7M775.2M977M
Income Tax Expense95.4M93.6M147.8M181.5M
Minority Interest----
Net Income From Continuing Ops422.7M410.1M627.4M795.5M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income422.7M410.1M627.4M795.5M
Net Income Applicable To Common Shares422.7M410.1M627.4M795.5M

Balance Sheet Statement

Balance Sheet Statement history of The Berkeley Group Holdings plc (LSE:BKG)

30 Apr 202130 Apr 202030 Apr 201930 Apr 2018
Cash1.43B1.64B1.27B987.3M
Net Receivables75.9M58.7M59.2M32M
Inventory3.65B3.55B3.11B3.3B
Total Current Assets5.16B5.27B4.46B4.33B
Long Term Investments281.7M261.8M374.7M311.9M
Property Plant Equipment49.2M51M42.5M25.9M
Good Will17.2M17.2M17.2M17.2M
Other Assets40.1M53.6M45.8M65.7M
Deferred Long Term Asset Charges40.1M53.6M45.8M65.7M
Total Assets5.55B5.65B4.94B4.75B
Accounts Payable509.2M586M620.7M589.3M
Other Current Liab856.4M838.4M706.1M956.1M
Long Term Debt300M300M300M300M
Other Liab393.1M323.7M99.6M130.6M
Total Current Liabilities1.68B1.92B1.57B1.73B
Total Liab2.38B2.55B1.97B2.16B
Common Stock6.6M6.8M7M7M
Retained Earnings4.06B3.98B3.84B3.47B
Treasury Stock-936.4M-936.6M-936.8M-936.8M
Capital Surplus49.8M49.8M49.8M49.8M
Other Stockholder Equity-936.4M-936.6M-936.8M-936.8M
Total Stockholder Equity3.18B3.1B2.96B2.59B
Net Tangible Assets3.16B3.08B2.95B2.57B

Cash Flow Statement

Cash Flow Statement history of The Berkeley Group Holdings plc (LSE:BKG)

30 Apr 202130 Apr 202030 Apr 201930 Apr 2018
Net Income422.7M410.1M627.4M795.5M
Depreciation5.9M4.7M2.4M2.7M
Change To Netincome-28.1M-32.6M-41.3M-212.3M
Change To Account Receivables-5.1M-3.8M-20.9M-40.2M
Change To Liabilities25.5M369.9M-138.4M-173.6M
Change To Inventory-97.6M-440.2M181.9M343.3M
Total Cash From Operating Activities324.2M308.9M612.3M716.6M
Capital Expenditures-2.4M-9.7M-19.5M-6.1M
Other Cashflows From Investing Activities2.5M146.2M-54M-22M
Total Cashflows From Investing Activities900k137.1M-73.2M-27.7M
Dividends Paid-145.5M-149.8M-53M-146.7M
Net Borrowings-201.8M198M198M198M
Total Cash From Financing Activities-535.8M-82.1M-251.4M-287.1M
Change In Cash-210.7M363.9M287.7M401.8M
Repurchase Of Stock-188.6M-130.5M-198.9M-140.4M
Issuance Of Stock100k200k500k500k