B&M European Value Retail S.A. (LSE:BME) Annual Report 2022



The latest annual report of B&M European Value Retail S.A. (BME) was published on 26 Mar 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 - BME Annual Results

Amounts in GBP

Total Revenue
4.67B
Gross Profit
1.75B
EBIT
610M
Net Tangible Assets
-294M
Net Income
422M
Capital Expenditures
-96M

BME Income Statement 2022 Annual Report

As per the latest Income Statement of BME, the Net revenue decreased by £-128.00M (-3%) compared to the previous period. The operating income in 2022 increased by £4.00M (1%). The net income as per the annual report was 422M which decreased by £-6.00M (-1%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue4.67B4.8B
Gross Profit1.75B1.76B
Operating Income610M606M
Income Before Tax525M525M
Net Income422M428M

Balance Sheet - BME 2022 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 £-45.00M (-21%). The Net tangible assets of BME on the balance sheet were at -294M which is £12.00M (4%) more than previous annual report. The total stockholder equity also increased by £13.00M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash173M218M
Total Assets3.64B 3.36B
Long Term Debt950M723M
Total Liabilities2.89B 2.62B
Total Shareholder Equity746M733M
Net Tangible Assets-294M-306M

Cash Flow Statement - BME 2022 Annual Report

The 2022 annual cash flow statement of B&M European Value Retail S.A. showed that the net income decreased by £-6.00M (-1%) compared to previous reporting period. Also the capital expenditure of BME decreased by £-9.00M (-10%).

As of 2022, the total cash from investing activities was -85M and total cash from financing activities was -450M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income422M428M
Capital Expenditures-96M-87M
Dividends Paid-14.5M-96.6M
Total Cash From From Investing Activities-85M-70M
Total Cash From From Financing Activities-450M-969M

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)

26 Mar 202227 Mar 202128 Mar 202030 Mar 2019
Total Revenue4.67B4.8B3.81B3.27B
Cost Of Revenue2.92B3.04B2.52B2.15B
Gross Profit1.75B1.76B1.29B1.12B
Research Development----
Selling General Administrative1.14B1.16B964.5M799.52M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses4.06B4.2B3.49B2.95B
Operating Income610M606M322.25M318.74M
Total Other Income Expense Net-85M-81M-70.23M-74.41M
Ebit610M606M322.25M318.74M
Interest Expense-88M-85M-82.02M-74.6M
Income Before Tax525M525M252.02M244.33M
Income Tax Expense103M97M57.25M49.22M
Minority Interest---9.75M
Net Income From Continuing Ops422M428M194.78M195.11M
Discontinued Operations---113.92M-3.98M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income422M428M90.03M193.85M
Net Income Applicable To Common Shares422M428M90.03M193.85M

Balance Sheet Statement

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

26 Mar 202227 Mar 202128 Mar 202030 Mar 2019
Cash173M218M428.2M86.2M
Net Receivables42M28M40.81M35.37M
Inventory863M605M588M665.57M
Other Current Assets25M4M16.7M6.29M
Total Current Assets1.12B869M1.09B814.25M
Long Term Investments8M4M5.7M6.92M
Property Plant Equipment1.43B1.41B1.4B1.42B
Good Will920M921M921.91M954.76M
Intangible Assets120M118M119.7M126.56M
Other Assets38M39M30.5M30.99M
Deferred Long Term Asset Charges31M32M22.99M23.75M
Total Assets3.64B3.36B3.57B3.35B
Accounts Payable415M352M326.58M310.15M
Short Long Term Debt6M7M8.76M5.81M
Other Current Liab27M43M188.33M50.27M
Long Term Debt950M723M561.42M562.94M
Other Liab47M32M29.95M27.28M
Total Current Liabilities755M731M965.13M699.71M
Total Liab2.89B2.62B2.7B2.35B
Common Stock100M100M100.06M100.06M
Retained Earnings131M138M254.84M403.38M
Treasury Stock-1.96B-1.98B-1.96B-1.99B
Capital Surplus2.48B2.48B2.47B2.47B
Other Stockholder Equity-1.96B-1.98B-1.96B-1.99B
Total Stockholder Equity746M733M867.4M992.48M
Net Tangible Assets-294M-306M-174.21M-88.83M

Cash Flow Statement

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

26 Mar 202227 Mar 202128 Mar 202030 Mar 2019
Net Income422M428M90.03M193.85M
Depreciation225M214M211.43M177.87M
Change To Netincome70M81M136.07M61.08M
Change To Account Receivables-12M9M693k-32.13M
Change To Liabilities40M105M77.08M12.2M
Change To Inventory-260M-20M29.35M-40.95M
Change To Operating Activities2M6M686k81k
Total Cash From Operating Activities491M827M549.6M375.73M
Capital Expenditures-96M-87M-123.27M-103.31M
Total Cashflows From Investing Activities-85M-70M29.7M-181.55M
Dividends Paid-14.5M-96.6M-76.04M-75.04M
Net Borrowings66M-176M-69.93M-41.67M
Other Cashflows From Financing Activities-86M-96M-87.87M-80.95M
Total Cash From Financing Activities-450M-969M-233.78M-197.67M
Effect Of Exchange Rate-1M3M1.21M-658k
Change In Cash-45M-209M346.72M-4.15M