British Land Company Plc (LSE:BLND) Annual Report 2021



The latest annual report of British Land Company Plc (BLND) was published on 31 Mar 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 - BLND Annual Results

Amounts in GBP

Total Revenue
521M
Gross Profit
341M
EBIT
267M
Net Tangible Assets
5.91B
Net Income
958M
Capital Expenditures
-

BLND Income Statement 2021 Annual Report

As per the latest Income Statement of BLND, the Net revenue decreased by £-149.00M (-22%) compared to the previous period. The operating income in 2021 decreased by £-112.00M (-30%). The net income as per the annual report was -1.03B which decreased by £-4.00M (0%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue521M670M
Gross Profit341M452M
Operating Income267M379M
Income Before Tax-1.05B-1.12B
Net Income-1.03B-1.03B

Balance Sheet - BLND 2021 Annual Report

Read further: BLND Balance Sheet Detailed Analysis

The latest balance sheet from annual result of British Land Company Plc showed the company reduced the cash on balance sheet by £-39.00M (-20%). The Net tangible assets of BLND on the balance sheet were at 5.91B which is £-1.112B (-16%) less than previous annual report. The total stockholder equity also decreased by £-1.111B (-16%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash154M193M
Total Assets8.88B 11.24B
Long Term Debt2.38B3.03B
Total Liabilities2.89B 4.1B
Total Shareholder Equity5.92B7.04B
Net Tangible Assets5.91B7.02B

Cash Flow Statement - BLND 2021 Annual Report

The 2021 annual cash flow statement of British Land Company Plc showed that the net income increased by £1.989B (193%) compared to previous reporting period. Also the capital expenditure of BLND increased by £NaN (NaN%).

As of 2021, the total cash from investing activities was -385M and total cash from financing activities was 60M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income958M-1.03B
Capital Expenditures--
Dividends Paid-155M-76M
Total Cash From From Investing Activities-385M910M
Total Cash From From Financing Activities60M-1.1B

British Land Company Plc Annual Report History

Income Statement

Income Statement history of British Land Company Plc (LSE:BLND)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue521M670M971M741M
Cost Of Revenue180M218M399M200M
Gross Profit341M452M572M541M
Research Development----
Selling General Administrative74M73M80M82M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses254M291M479M282M
Operating Income267M379M492M459M
Total Other Income Expense Net-1.32B-1.5B-811M42M
Ebit267M379M492M459M
Interest Expense-93M-97M-96M-93M
Income Before Tax-1.05B-1.12B-319M501M
Income Tax Expense30M-2M1M-6M
Minority Interest59M112M211M254M
Net Income From Continuing Ops-1.08B-1.11B-320M507M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-1.03B-1.03B-291M493M
Net Income Applicable To Common Shares-1.03B-1.03B-291M493M

Balance Sheet Statement

Balance Sheet Statement history of British Land Company Plc (LSE:BLND)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash154M193M242M105M
Net Receivables38M29M34M28M
Other Current Assets44M47M110M335M
Total Current Assets236M269M386M468M
Long Term Investments2.26B2.7B2.83B3.08B
Property Plant Equipment6.36B8.26B9.03B9.62B
Intangible Assets12M11M10M10M
Other Assets6M-1M4M
Total Assets8.88B11.24B12.26B13.18B
Accounts Payable55M55M94M146M
Short Long Term Debt161M637M99M27M
Other Current Liab73M92M110M97M
Long Term Debt2.38B3.03B3.06B3.24B
Minority Interest59M112M211M254M
Total Current Liabilities387M907M413M373M
Total Liab2.89B4.1B3.57B3.67B
Common Stock234M234M240M248M
Retained Earnings4.15B5.24B6.69B7.46B
Treasury Stock229M251M250M246M
Capital Surplus1.31B1.31B1.3B1.3B
Other Stockholder Equity229M251M250M246M
Total Stockholder Equity5.92B7.04B8.48B9.25B
Net Tangible Assets5.91B7.02B8.47B9.24B

Cash Flow Statement

Cash Flow Statement history of British Land Company Plc (LSE:BLND)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income958M-1.03B-1.03B-291M
Depreciation5M4M4M5M
Change To Netincome-718M1.18B1.4B899M
Change To Liabilities----
Total Cash From Operating Activities245M149M375M613M
Investments-135M23M-128M-34M
Other Cashflows From Investing Activities128M38M1M244M
Total Cashflows From Investing Activities-385M910M-361M187M
Dividends Paid-155M-76M-295M-298M
Net Borrowings266M-1.01B379M-130M
Other Cashflows From Financing Activities-51M-11M-27M-33M
Total Cash From Financing Activities60M-1.1B-63M-663M
Change In Cash-80M-39M-49M137M
Capital Expenditures----