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)

20212020
Total Revenue10.29B10.11B
Gross Profit2.52B2.58B
Operating Income644.7M678.1M
Income Before Tax568.7M555.7M
Net Income442.8M430M

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)

20212020
Cash776.9M944.3M
Total Assets7.11B 6.83B
Long Term Debt1.46B1.62B
Total Liabilities4.91B 4.91B
Total Shareholder Equity2.2B1.92B
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)

20212020
Net Income442.8M430M
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 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue10.29B10.11B9.33B9.08B
Cost Of Revenue7.76B7.53B7.03B6.85B
Gross Profit2.52B2.58B2.29B2.23B
Research Development----
Selling General Administrative941.7M943.8M882M1.01B
Non Recurring----
Other Operating Expenses663.2M674.9M598M574.1M
Total Operating Expenses9.64B9.43B8.79B8.58B
Operating Income644.7M678.1M540.2M500.2M
Total Other Income Expense Net-76M-122.4M-86.9M-75.4M
Ebit644.7M678.1M540.2M500.2M
Interest Expense-62.8M-70M-85.2M-64.5M
Income Before Tax568.7M555.7M453.3M424.8M
Income Tax Expense125.9M125.7M104.1M98.3M
Minority Interest----
Net Income From Continuing Ops442.8M430M349.2M326.5M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income442.8M430M349.2M326.5M
Net Income Applicable To Common Shares442.8M430M349.2M326.5M

Balance Sheet Statement

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

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash776.9M944.3M610.5M477.7M
Net Receivables1.35B1.31B1.19B1.26B
Inventory1.47B1.43B1.18B1.21B
Other Current Assets14.9M-3.4M12.6M
Total Current Assets3.7B3.79B3.05B3.04B
Property Plant Equipment569.2M576.1M551.2M122.4M
Good Will1.7B1.49B1.4B1.42B
Intangible Assets1.07B947.3M887.3M962.1M
Other Assets73.3M19.9M14.5M13.3M
Deferred Long Term Asset Charges2.8M2.5M3.7M4M
Total Assets7.11B6.83B5.92B5.56B
Accounts Payable1.22B1.08B1.07B1.14B
Short Long Term Debt111.9M79.9M83.7M74.7M
Other Current Liab283.4M343.6M246.4M270.1M
Long Term Debt1.46B1.62B1.31B1.46B
Other Liab314.1M258.2M230.1M269.2M
Total Current Liabilities2.77B2.67B2.27B2.13B
Total Liab4.91B4.91B4.18B3.86B
Common Stock108.4M108.3M108.3M108.1M
Retained Earnings2.2B1.87B1.62B1.48B
Treasury Stock-303.1M-250M-165.5M-68.3M
Capital Surplus194.2M187.7M184M178.5M
Other Stockholder Equity-250.2M-176.6M-95.6M-4.4M
Total Stockholder Equity2.2B1.92B1.74B1.69B
Net Tangible Assets-562.9M-522.8M-546.6M-688M

Cash Flow Statement

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

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income442.8M430M349.2M326.5M
Depreciation269.3M261.8M259.9M135.6M
Change To Netincome10.5M83.1M48.5M48.5M
Change To Account Receivables-10.7M-81M38.9M-44.6M
Change To Liabilities45.7M278.5M-49.8M102.5M
Change To Inventory-32.9M-192.5M15.2M-96.6M
Total Cash From Operating Activities733.1M790.2M669.3M480M
Capital Expenditures-24.8M-24.4M-27.1M-21.9M
Other Cashflows From Investing Activities8.7M15.1M9.8M2M
Total Cashflows From Investing Activities-458M-380M-162.6M-141.8M
Dividends Paid-180.4M-171.5M-167.3M-152.2M
Net Borrowings-259M173.9M-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-20.8M900k-17.9M600k
Change In Cash-204.4M288.9M-3.4M31.9M
Repurchase Of Stock-34.2M-49.1M-49.2M-49.2M
Issuance Of Stock53.7M40.7M21.5M50M