B&M European Value Retail S.A. (LSE:BME) Annual Report 2021



The latest annual report of B&M European Value Retail S.A. (BME) was published on 27 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 - BME Annual Results

Amounts in GBP

Total Revenue
4.8B
Gross Profit
1.76B
EBIT
606.91M
Net Tangible Assets
-306M
Net Income
428.1M
Capital Expenditures
-86.61M

BME Income Statement 2021 Annual Report

As per the latest Income Statement of BME, the Net revenue increased by £988.04M (26%) compared to the previous period. The operating income in 2021 increased by £284.66M (88%). The net income as per the annual report was 428.1M which increased by £338.08M (376%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue4.8B3.81B
Gross Profit1.76B1.29B
Operating Income606.91M322.25M
Income Before Tax525.44M252.02M
Net Income428.1M90.03M

Balance Sheet - BME 2021 Annual Report

Read further: BME Balance Sheet Detailed Analysis

The latest balance sheet from annual result of B&M European Value Retail S.A. showed the company reduced the cash on balance sheet by £-210.52M (-49%). The Net tangible assets of BME on the balance sheet were at -306M which is £-131.79M (-76%) less than previous annual report. The total stockholder equity also decreased by £-134.43M (-15%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash217.68M428.2M
Total Assets3.36B 3.57B
Long Term Debt723.74M561.42M
Total Liabilities2.63B 2.7B
Total Shareholder Equity732.97M867.4M
Net Tangible Assets-306M-174.21M

Cash Flow Statement - BME 2021 Annual Report

The 2021 annual cash flow statement of B&M European Value Retail S.A. showed that the net income increased by £338.08M (376%) compared to previous reporting period. Also the capital expenditure of BME increased by £36.66M (30%).

As of 2021, the total cash from investing activities was -69.6M and total cash from financing activities was -969.31M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income428.1M90.03M
Capital Expenditures-86.61M-123.27M
Dividends Paid-97.08M-76.04M
Total Cash From From Investing Activities-69.6M29.7M
Total Cash From From Financing Activities-969.31M-233.78M

B&M European Value Retail S.A. Annual Report History

Income Statement

Income Statement history of B&M European Value Retail S.A. (LSE:BME)

27 Mar 202128 Mar 202030 Mar 201931 Mar 2018
Total Revenue4.8B3.81B3.27B3.03B
Cost Of Revenue3.04B2.52B2.15B2B
Gross Profit1.76B1.29B1.12B1.03B
Research Development----
Selling General Administrative1.15B964.5M799.52M783.09M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses4.19B3.49B2.95B2.79B
Operating Income606.91M322.25M318.74M243.63M
Total Other Income Expense Net-81.47M-70.23M-74.41M-14.31M
Ebit606.91M322.25M318.74M243.63M
Interest Expense-85.55M-82.02M-74.6M-21.78M
Income Before Tax525.44M252.02M244.33M229.32M
Income Tax Expense97.33M57.25M49.22M43.51M
Minority Interest--9.75M13.69M
Net Income From Continuing Ops428.1M194.78M195.11M185.81M
Discontinued Operations--113.92M-3.98M-3.98M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income428.1M90.03M193.85M185.88M
Net Income Applicable To Common Shares428.1M90.03M193.85M185.88M

Balance Sheet Statement

Balance Sheet Statement history of B&M European Value Retail S.A. (LSE:BME)

27 Mar 202128 Mar 202030 Mar 201931 Mar 2018
Cash217.68M428.2M86.2M90.82M
Net Receivables28.02M40.81M35.37M6.88M
Inventory605.13M588M665.57M558.69M
Other Current Assets3.77M16.7M6.29M-
Total Current Assets868.74M1.09B814.25M683.55M
Long Term Investments4.48M5.7M6.92M5.14M
Property Plant Equipment1.41B1.4B1.42B308.65M
Good Will920.73M921.91M954.76M929.72M
Intangible Assets118.24M119.7M126.56M120.96M
Other Assets39.33M30.5M30.99M8.84M
Deferred Long Term Asset Charges32.24M22.99M23.75M5.65M
Total Assets3.36B3.57B3.35B2.06B
Accounts Payable352.71M326.58M310.15M276.57M
Short Long Term Debt6.88M8.76M5.81M2.21M
Other Current Liab43.18M188.33M50.27M66.67M
Long Term Debt723.74M561.42M562.94M558.43M
Other Liab31.99M29.95M27.28M131.21M
Total Current Liabilities731.13M965.13M699.71M434.53M
Total Liab2.63B2.7B2.35B1.13B
Common Stock100.08M100.06M100.06M100.06M
Retained Earnings137.59M254.84M403.38M337.07M
Treasury Stock-1.98B-1.96B-1.99B-2B
Capital Surplus2.48B2.47B2.47B2.47B
Other Stockholder Equity-1.98B-1.96B-1.99B-2B
Total Stockholder Equity732.97M867.4M992.48M911.69M
Net Tangible Assets-306M-174.21M-88.83M-138.99M

Cash Flow Statement

Cash Flow Statement history of B&M European Value Retail S.A. (LSE:BME)

27 Mar 202128 Mar 202030 Mar 201931 Mar 2018
Net Income428.1M90.03M193.85M185.88M
Depreciation213.08M211.43M177.87M35.45M
Change To Netincome80.79M136.07M61.08M13.12M
Change To Account Receivables8.98M693k-32.13M-1.17M
Change To Liabilities105.9M77.08M12.2M39.38M
Change To Inventory-20.35M29.35M-40.95M-79.1M
Change To Operating Activities6.29M686k81k1.51M
Total Cash From Operating Activities826.63M549.6M375.73M198M
Capital Expenditures-86.61M-123.27M-103.31M-111.27M
Investments316k316k-1.2M310k
Other Cashflows From Investing Activities2.48M2.79M939k1.33M
Total Cashflows From Investing Activities-69.6M29.7M-181.55M-218.87M
Dividends Paid-97.08M-76.04M-75.04M-63.01M
Net Borrowings-176.46M-69.93M-41.67M33.56M
Other Cashflows From Financing Activities-95.39M-87.87M-80.95M-21.84M
Total Cash From Financing Activities-969.31M-233.78M-197.67M-49.97M
Effect Of Exchange Rate2.69M1.21M-658k-658k
Change In Cash-209.59M346.72M-4.15M-70.85M
Issuance Of Stock30k60k60k1.32M