The Berkeley Group Holdings plc (LSE:BKG) Annual Report 2022



The latest annual report of The Berkeley Group Holdings plc (BKG) was published on 30 Apr 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 - BKG Annual Results

Amounts in GBP

Total Revenue
2.35B
Gross Profit
664.8M
EBIT
507.9M
Net Tangible Assets
3.12B
Net Income
482.4M
Capital Expenditures
-1.3M

BKG Income Statement 2022 Annual Report

As per the latest Income Statement of BKG, the Net revenue increased by £145.80M (7%) compared to the previous period. The operating income in 2022 increased by £5.60M (1%). The net income as per the annual report was 482.4M which increased by £59.70M (14%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue2.35B2.2B
Gross Profit664.8M635.3M
Operating Income507.9M502.3M
Income Before Tax551.5M518.1M
Net Income482.4M422.7M

Balance Sheet - BKG 2022 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 £-499.30M (-35%). The Net tangible assets of BKG on the balance sheet were at 3.12B which is £-39.30M (-1%) less than previous annual report. The total stockholder equity also decreased by £-39.30M (-1%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash928.9M1.43B
Total Assets6.59B 5.55B
Long Term Debt660M300M
Total Liabilities3.45B 2.38B
Total Shareholder Equity3.14B3.18B
Net Tangible Assets3.12B3.16B

Cash Flow Statement - BKG 2022 Annual Report

The 2022 annual cash flow statement of The Berkeley Group Holdings plc showed that the net income increased by £59.70M (14%) compared to previous reporting period. Also the capital expenditure of BKG increased by £1.10M (46%).

As of 2022, the total cash from investing activities was -27.7M and total cash from financing activities was -342.1M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income482.4M422.7M
Capital Expenditures-1.3M-2.4M
Dividends Paid--145.5M
Total Cash From From Investing Activities-27.7M900k
Total Cash From From Financing Activities-342.1M-535.8M

The Berkeley Group Holdings plc Annual Report History

Income Statement

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

30 Apr 202230 Apr 202130 Apr 202030 Apr 2019
Total Revenue2.35B2.2B1.92B2.96B
Cost Of Revenue1.68B1.57B1.28B2.03B
Gross Profit664.8M635.3M637.4M926.2M
Research Development----
Selling General Administrative156.9M133M167.7M157.8M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.84B1.7B1.45B2.19B
Operating Income507.9M502.3M469.7M768.4M
Total Other Income Expense Net43.6M15.8M34M6.8M
Ebit507.9M502.3M469.7M768.4M
Interest Expense-15M-9.6M-11.7M-12.7M
Income Before Tax551.5M518.1M503.7M775.2M
Income Tax Expense69.1M95.4M93.6M147.8M
Minority Interest----
Net Income From Continuing Ops482.4M422.7M410.1M627.4M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income482.4M422.7M410.1M627.4M
Net Income Applicable To Common Shares482.4M422.7M410.1M627.4M

Balance Sheet Statement

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

30 Apr 202230 Apr 202130 Apr 202030 Apr 2019
Cash928.9M1.43B1.64B1.27B
Net Receivables132.3M75.9M58.7M59.2M
Inventory5.13B3.65B3.55B3.11B
Total Current Assets6.21B5.16B5.27B4.46B
Long Term Investments190.4M281.7M261.8M374.7M
Property Plant Equipment46.3M49.2M51M42.5M
Good Will17.2M17.2M17.2M17.2M
Other Assets120.7M40.1M53.6M45.8M
Deferred Long Term Asset Charges120.7M40.1M53.6M45.8M
Total Assets6.59B5.55B5.65B4.94B
Accounts Payable635.5M509.2M586M620.7M
Other Current Liab1.14B996.9M838.4M706.1M
Long Term Debt660M300M300M300M
Other Liab818.3M393.1M323.7M99.6M
Total Current Liabilities1.97B1.68B1.92B1.57B
Total Liab3.45B2.38B2.55B1.97B
Common Stock6.5M6.6M6.8M7M
Retained Earnings4.02B4.06B3.98B3.84B
Treasury Stock-936.3M-936.4M-936.6M-936.8M
Capital Surplus49.8M49.8M49.8M49.8M
Other Stockholder Equity-936.3M-936.4M-936.6M-936.8M
Total Stockholder Equity3.14B3.18B3.1B2.96B
Net Tangible Assets3.12B3.16B3.08B2.95B

Cash Flow Statement

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

30 Apr 202230 Apr 202130 Apr 202030 Apr 2019
Net Income482.4M422.7M410.1M627.4M
Depreciation5.6M5.9M4.7M2.4M
Change To Netincome-486.7M-28.1M-32.6M-41.3M
Change To Account Receivables-61M-5.1M-3.8M-20.9M
Change To Liabilities260.9M25.5M369.9M-138.4M
Change To Inventory-332.5M-97.6M-440.2M181.9M
Total Cash From Operating Activities-129.5M324.2M308.9M612.3M
Capital Expenditures-1.3M-2.4M-9.7M-19.5M
Other Cashflows From Investing Activities-26.7M2.5M146.2M-54M
Total Cashflows From Investing Activities-27.7M900k137.1M-73.2M
Net Borrowings-226.9M-201.8M198M198M
Total Cash From Financing Activities-342.1M-535.8M-82.1M-251.4M
Change In Cash-499.3M-210.7M363.9M287.7M
Repurchase Of Stock-515.2M-188.6M-130.5M-198.9M
Issuance Of Stock400M100k200k500k
Dividends Paid--145.5M-149.8M-53M