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)

2022 2021
Total Revenue 2.83B 2.34B
Gross Profit 2B 1.64B
Operating Income 523M 414M
Income Before Tax 511M 490M
Net Income 396M 376M

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)

2022 2021
Cash 1.22B 1.26B
Total Assets 3.7B 3.5B
Long Term Debt 298M 297M
Total Liabilities 2.08B 1.94B
Total Shareholder Equity 1.61B 1.56B
Net Tangible Assets 1.37B 1.32B

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)

2022 2021
Net Income 396M 376M
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 2022 27 Mar 2021 28 Mar 2020 30 Mar 2019
Total Revenue 2.83B 2.34B 2.63B 2.72B
Cost Of Revenue 831M 704M 859.3M 859.4M
Gross Profit 2B 1.64B 1.77B 1.86B
Research Development - - - -
Selling General Administrative 1.49B 1.26B 1.36B 1.42B
Non Recurring - - - -
Other Operating Expenses -18M -34M -23.8M -6.9M
Total Operating Expenses 2.3B 1.93B 2.19B 2.28B
Operating Income 523M 414M 438.1M 445M
Total Other Income Expense Net -12M 76M -269.6M -4.4M
Ebit 523M 414M 438.1M 445M
Interest Expense -31M -30M -25.5M -600k
Income Before Tax 511M 490M 168.5M 440.6M
Income Tax Expense 114M 114M 46.9M 101.5M
Minority Interest 4M 3M 4.6M 5M
Net Income From Continuing Ops 397M 376M 121.6M 339.1M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 396M 376M 121.7M 339.3M
Net Income Applicable To Common Shares 396M 376M 121.7M 339.3M

Balance Sheet Statement

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

02 Apr 2022 27 Mar 2021 28 Mar 2020 30 Mar 2019
Cash 1.22B 1.26B 928.9M 874.5M
Net Receivables 337M 277M 267.5M 215.3M
Inventory 426M 402M 450.5M 465.1M
Other Current Assets 18M 2M 6.7M 53.7M
Total Current Assets 2.04B 1.98B 1.69B 1.61B
Property Plant Equipment 1.2B 1.1B 1.13B 306.9M
Good Will 109M 105M 109.3M 108.6M
Intangible Assets 131M 132M 137.7M 112.4M
Other Assets 220M 185M 227.7M 195.7M
Deferred Long Term Asset Charges 175M 137M 171.5M 123.1M
Total Assets 3.7B 3.5B 3.29B 2.33B
Accounts Payable 181M 129M 197.3M 221.6M
Other Current Liab 105M 97M 52.8M 118.6M
Long Term Debt 298M 297M 300M -
Other Liab 129M 133M 132.9M 232.1M
Minority Interest 4M 3M 4.6M 5M
Total Current Liabilities 804M 702M 730.5M 640.1M
Total Liab 2.08B 1.94B 2.07B 872.2M
Retained Earnings 1.12B 1.09B 702.2M 965.6M
Treasury Stock 263M 242M 291M 272.3M
Capital Surplus 227M 223M 220.8M 216.9M
Other Stockholder Equity 263M 242M 291M 272.3M
Total Stockholder Equity 1.61B 1.56B 1.21B 1.46B
Net Tangible Assets 1.37B 1.32B 967.2M 1.23B

Cash Flow Statement

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

02 Apr 2022 27 Mar 2021 28 Mar 2020 30 Mar 2019
Net Income 396M 376M 121.7M 339.3M
Depreciation 275M 244M 305.3M 88.1M
Change To Netincome -64M -35M 69.7M 15.3M
Change To Account Receivables -5M -39M -9.8M -54.6M
Change To Liabilities 81M -7M -84M 54.9M
Change To Inventory -22M 21M 27.4M -59.3M
Total Cash From Operating Activities 699M 592M 455.8M 411.4M
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 -156M 61.9M 61.9M
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 Rate 7M -13M 8.5M 1.7M
Change In Cash -39M 329M 50M -54.8M
Repurchase Of Stock -161M -161M -150.7M -163.5M
Issuance Of Stock 4M 2M 3.8M 2.3M