Burberry Group plc (LSE:BRBY) Annual Report 2022



The latest annual report of Burberry Group plc (BRBY) was published on 02 Apr 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 - BRBY Annual Results

Amounts in GBP

Total Revenue
2.83B
Gross Profit
2B
EBIT
523M
Net Tangible Assets
1.37B
Net Income
396M
Capital Expenditures
-124M

BRBY Income Statement 2022 Annual Report

As per the latest Income Statement of BRBY, the Net revenue increased by £482.00M (21%) compared to the previous period. The operating income in 2022 increased by £109.00M (26%). The net income as per the annual report was 396M which increased by £20.00M (5%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue2.83B2.34B
Gross Profit2B1.64B
Operating Income523M414M
Income Before Tax511M490M
Net Income396M376M

Balance Sheet - BRBY 2022 Annual Report

Read further: BRBY Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Burberry Group plc showed the company reduced the cash on balance sheet by £-39.00M (-3%). The Net tangible assets of BRBY on the balance sheet were at 1.37B which is £53.00M (4%) more than previous annual report. The total stockholder equity also increased by £56.00M (4%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash1.22B1.26B
Total Assets3.7B 3.5B
Long Term Debt298M297M
Total Liabilities2.08B 1.94B
Total Shareholder Equity1.61B1.56B
Net Tangible Assets1.37B1.32B

Cash Flow Statement - BRBY 2022 Annual Report

The 2022 annual cash flow statement of Burberry Group plc showed that the net income increased by £20.00M (5%) compared to previous reporting period. Also the capital expenditure of BRBY decreased by £-51.00M (-70%).

As of 2022, the total cash from investing activities was -164M and total cash from financing activities was -581M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income396M376M
Capital Expenditures-124M-73M
Dividends Paid-219M-219M
Total Cash From From Investing Activities-164M-91M
Total Cash From From Financing Activities-581M-159M

Burberry Group plc Annual Report History

Income Statement

Income Statement history of Burberry Group plc (LSE:BRBY)

02 Apr 202227 Mar 202128 Mar 202030 Mar 2019
Total Revenue2.83B2.34B2.63B2.72B
Cost Of Revenue831M704M859.3M859.4M
Gross Profit2B1.64B1.77B1.86B
Research Development----
Selling General Administrative1.49B1.26B1.36B1.42B
Non Recurring----
Other Operating Expenses-18M-34M-23.8M-6.9M
Total Operating Expenses2.3B1.93B2.19B2.28B
Operating Income523M414M438.1M445M
Total Other Income Expense Net-12M76M-269.6M-4.4M
Ebit523M414M438.1M445M
Interest Expense-31M-30M-25.5M-600k
Income Before Tax511M490M168.5M440.6M
Income Tax Expense114M114M46.9M101.5M
Minority Interest4M3M4.6M5M
Net Income From Continuing Ops397M376M121.6M339.1M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income396M376M121.7M339.3M
Net Income Applicable To Common Shares396M376M121.7M339.3M

Balance Sheet Statement

Balance Sheet Statement history of Burberry Group plc (LSE:BRBY)

02 Apr 202227 Mar 202128 Mar 202030 Mar 2019
Cash1.22B1.26B928.9M874.5M
Net Receivables337M277M267.5M215.3M
Inventory426M402M450.5M465.1M
Other Current Assets18M2M6.7M53.7M
Total Current Assets2.04B1.98B1.69B1.61B
Property Plant Equipment1.2B1.1B1.13B306.9M
Good Will109M105M109.3M108.6M
Intangible Assets131M132M137.7M112.4M
Other Assets220M185M227.7M195.7M
Deferred Long Term Asset Charges175M137M171.5M123.1M
Total Assets3.7B3.5B3.29B2.33B
Accounts Payable181M129M197.3M221.6M
Other Current Liab105M97M52.8M118.6M
Long Term Debt298M297M300M-
Other Liab129M133M132.9M232.1M
Minority Interest4M3M4.6M5M
Total Current Liabilities804M702M730.5M640.1M
Total Liab2.08B1.94B2.07B872.2M
Retained Earnings1.12B1.09B702.2M965.6M
Treasury Stock263M242M291M272.3M
Capital Surplus227M223M220.8M216.9M
Other Stockholder Equity263M242M291M272.3M
Total Stockholder Equity1.61B1.56B1.21B1.46B
Net Tangible Assets1.37B1.32B967.2M1.23B

Cash Flow Statement

Cash Flow Statement history of Burberry Group plc (LSE:BRBY)

02 Apr 202227 Mar 202128 Mar 202030 Mar 2019
Net Income396M376M121.7M339.3M
Depreciation275M244M305.3M88.1M
Change To Netincome-64M-35M69.7M15.3M
Change To Account Receivables-5M-39M-9.8M-54.6M
Change To Liabilities81M-7M-84M54.9M
Change To Inventory-22M21M27.4M-59.3M
Total Cash From Operating Activities699M592M455.8M411.4M
Capital Expenditures-124M-73M-85.3M-62.6M
Other Cashflows From Investing Activities-4M-3M-5.6M-5.6M
Total Cashflows From Investing Activities-164M-91M-151.4M-124.5M
Dividends Paid-219M-219M-175.2M-171.1M
Net Borrowings-202M-156M61.9M61.9M
Other Cashflows From Financing Activities-3M-5M-2.7M-11.1M
Total Cash From Financing Activities-581M-159M-262.9M-343.4M
Effect Of Exchange Rate7M-13M8.5M1.7M
Change In Cash-39M329M50M-54.8M
Repurchase Of Stock-161M-161M-150.7M-163.5M
Issuance Of Stock4M2M3.8M2.3M