Bunzl plc (LSE:BNZL) Annual Report 2021



The latest annual report of Bunzl plc (BNZL) was published on 31 Dec 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 - BNZL Annual Results

Amounts in GBP

Total Revenue
10.29B
Gross Profit
2.52B
EBIT
644.7M
Net Tangible Assets
-562.9M
Net Income
442.8M
Capital Expenditures
-24.8M

BNZL Income Statement 2021 Annual Report

As per the latest Income Statement of BNZL, the Net revenue increased by £174.00M (2%) compared to the previous period. The operating income in 2021 decreased by £-33.40M (-5%). The net income as per the annual report was 442.8M which increased by £12.80M (3%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 10.29B 10.11B
Gross Profit 2.52B 2.58B
Operating Income 644.7M 678.1M
Income Before Tax 568.7M 555.7M
Net Income 442.8M 430M

Balance Sheet - BNZL 2021 Annual Report

Read further: BNZL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Bunzl plc showed the company reduced the cash on balance sheet by £-167.40M (-18%). The Net tangible assets of BNZL on the balance sheet were at -562.9M which is £-40.10M (-8%) less than previous annual report. The total stockholder equity also increased by £284.80M (15%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 776.9M 944.3M
Total Assets 7.11B 6.83B
Long Term Debt 1.46B 1.62B
Total Liabilities 4.91B 4.91B
Total Shareholder Equity 2.2B 1.92B
Net Tangible Assets -562.9M -522.8M

Cash Flow Statement - BNZL 2021 Annual Report

The 2021 annual cash flow statement of Bunzl plc showed that the net income increased by £12.80M (3%) compared to previous reporting period. Also the capital expenditure of BNZL decreased by £-400000 (-2%).

As of 2021, the total cash from investing activities was -458M and total cash from financing activities was -458.7M.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 442.8M 430M
Capital Expenditures -24.8M -24.4M
Dividends Paid -180.4M -171.5M
Total Cash From From Investing Activities -458M -380M
Total Cash From From Financing Activities -458.7M -122.2M

Bunzl plc Annual Report History

Income Statement

Income Statement history of Bunzl plc (LSE:BNZL)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 10.29B 10.11B 9.33B 9.08B
Cost Of Revenue 7.76B 7.53B 7.03B 6.85B
Gross Profit 2.52B 2.58B 2.29B 2.23B
Research Development - - - -
Selling General Administrative 941.7M 943.8M 882M 1.01B
Non Recurring - - - -
Other Operating Expenses 663.2M 674.9M 598M 574.1M
Total Operating Expenses 9.64B 9.43B 8.79B 8.58B
Operating Income 644.7M 678.1M 540.2M 500.2M
Total Other Income Expense Net -76M -122.4M -86.9M -75.4M
Ebit 644.7M 678.1M 540.2M 500.2M
Interest Expense -62.8M -70M -85.2M -64.5M
Income Before Tax 568.7M 555.7M 453.3M 424.8M
Income Tax Expense 125.9M 125.7M 104.1M 98.3M
Minority Interest - - - -
Net Income From Continuing Ops 442.8M 430M 349.2M 326.5M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 442.8M 430M 349.2M 326.5M
Net Income Applicable To Common Shares 442.8M 430M 349.2M 326.5M

Balance Sheet Statement

Balance Sheet Statement history of Bunzl plc (LSE:BNZL)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 776.9M 944.3M 610.5M 477.7M
Net Receivables 1.35B 1.31B 1.19B 1.26B
Inventory 1.47B 1.43B 1.18B 1.21B
Other Current Assets 14.9M - 3.4M 12.6M
Total Current Assets 3.7B 3.79B 3.05B 3.04B
Property Plant Equipment 569.2M 576.1M 551.2M 122.4M
Good Will 1.7B 1.49B 1.4B 1.42B
Intangible Assets 1.07B 947.3M 887.3M 962.1M
Other Assets 73.3M 19.9M 14.5M 13.3M
Deferred Long Term Asset Charges 2.8M 2.5M 3.7M 4M
Total Assets 7.11B 6.83B 5.92B 5.56B
Accounts Payable 1.22B 1.08B 1.07B 1.14B
Short Long Term Debt 111.9M 79.9M 83.7M 74.7M
Other Current Liab 283.4M 343.6M 246.4M 270.1M
Long Term Debt 1.46B 1.62B 1.31B 1.46B
Other Liab 314.1M 258.2M 230.1M 269.2M
Total Current Liabilities 2.77B 2.67B 2.27B 2.13B
Total Liab 4.91B 4.91B 4.18B 3.86B
Common Stock 108.4M 108.3M 108.3M 108.1M
Retained Earnings 2.2B 1.87B 1.62B 1.48B
Treasury Stock -303.1M -250M -165.5M -68.3M
Capital Surplus 194.2M 187.7M 184M 178.5M
Other Stockholder Equity -250.2M -176.6M -95.6M -4.4M
Total Stockholder Equity 2.2B 1.92B 1.74B 1.69B
Net Tangible Assets -562.9M -522.8M -546.6M -688M

Cash Flow Statement

Cash Flow Statement history of Bunzl plc (LSE:BNZL)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 442.8M 430M 349.2M 326.5M
Depreciation 269.3M 261.8M 259.9M 135.6M
Change To Netincome 10.5M 83.1M 48.5M 48.5M
Change To Account Receivables -10.7M -81M 38.9M -44.6M
Change To Liabilities 45.7M 278.5M -49.8M 102.5M
Change To Inventory -32.9M -192.5M 15.2M -96.6M
Total Cash From Operating Activities 733.1M 790.2M 669.3M 480M
Capital Expenditures -24.8M -24.4M -27.1M -21.9M
Other Cashflows From Investing Activities 8.7M 15.1M 9.8M 2M
Total Cashflows From Investing Activities -458M -380M -162.6M -141.8M
Dividends Paid -180.4M -171.5M -167.3M -152.2M
Net Borrowings -259M 173.9M -226.5M -156.9M
Other Cashflows From Financing Activities -38.8M -116.2M -70.7M -47.8M
Total Cash From Financing Activities -458.7M -122.2M -492.2M -306.9M
Effect Of Exchange Rate -20.8M 900k -17.9M 600k
Change In Cash -204.4M 288.9M -3.4M 31.9M
Repurchase Of Stock -34.2M -49.1M -49.2M -49.2M
Issuance Of Stock 53.7M 40.7M 21.5M 50M