Coca-Cola HBC AG (LSE:CCH) Annual Report 2021



The latest annual report of Coca-Cola HBC AG (CCH) 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 - CCH Annual Results

Amounts in EUR

Total Revenue
7.17B
Gross Profit
2.6B
EBIT
800.4M
Net Tangible Assets
1.07B
Net Income
547.2M
Capital Expenditures
-506.5M

CCH Income Statement 2021 Annual Report

As per the latest Income Statement of CCH, the Net revenue increased by €1.0366B (17%) compared to the previous period. The operating income in 2021 increased by €151.30M (23%). The net income as per the annual report was 547.2M which increased by €132.30M (32%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue7.17B6.13B
Gross Profit2.6B2.32B
Operating Income800.4M649.1M
Income Before Tax734.9M593.9M
Net Income547.2M414.9M

Balance Sheet - CCH 2021 Annual Report

Read further: CCH Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Coca-Cola HBC AG showed the company reduced the cash on balance sheet by €-433.00M (-36%). The Net tangible assets of CCH on the balance sheet were at 1.07B which is €426.60M (66%) more than previous annual report. The total stockholder equity also increased by €483.80M (18%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash782.8M1.22B
Total Assets8.51B 7.57B
Long Term Debt2.45B2.48B
Total Liabilities5.4B 4.94B
Total Shareholder Equity3.11B2.63B
Net Tangible Assets1.07B644.6M

Cash Flow Statement - CCH 2021 Annual Report

The 2021 annual cash flow statement of Coca-Cola HBC AG showed that the net income increased by €132.30M (32%) compared to previous reporting period. Also the capital expenditure of CCH decreased by €-87.30M (-21%).

As of 2021, the total cash from investing activities was -1.26B and total cash from financing activities was -322.4M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income547.2M414.9M
Capital Expenditures-506.5M-419.2M
Dividends Paid-233.6M-225.7M
Total Cash From From Investing Activities-1.26B239.1M
Total Cash From From Financing Activities-322.4M-786.8M

Coca-Cola HBC AG Annual Report History

Income Statement

Income Statement history of Coca-Cola HBC AG (LSE:CCH)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue7.17B6.13B7.03B6.66B
Cost Of Revenue4.57B3.81B4.38B4.14B
Gross Profit2.6B2.32B2.65B2.52B
Research Development----
Selling General Administrative1.8B1.67B1.89B1.84B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses6.37B5.48B6.27B5.98B
Operating Income800.4M649.1M756.3M672.2M
Total Other Income Expense Net-65.5M-55.2M-95.1M-61.3M
Ebit800.4M649.1M756.3M672.2M
Interest Expense-67.1M-71.8M-71.3M-46.5M
Income Before Tax734.9M593.9M661.2M610.9M
Income Tax Expense187.4M178.9M173.2M162.8M
Minority Interest2.6M2.6M2.7M5.3M
Net Income From Continuing Ops547.5M415M488M448.1M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income547.2M414.9M487.5M447.4M
Net Income Applicable To Common Shares547.2M414.9M487.5M447.4M

Balance Sheet Statement

Balance Sheet Statement history of Coca-Cola HBC AG (LSE:CCH)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash782.8M1.22B823M712.3M
Short Term Investments196.1M92.9M357.3M243.9M
Net Receivables910.7M725.9M972.5M909.5M
Inventory519.8M417.6M488.1M463.2M
Other Current Assets39.3M13.5M2.9M8.5M
Total Current Assets3.16B2.53B3.08B2.44B
Long Term Investments373.4M325M153.1M103.7M
Property Plant Equipment2.83B2.62B2.74B2.39B
Good Will1.76B1.7B1.77B1.62B
Intangible Assets284M281.9M331.7M203.5M
Other Assets109.8M118.3M137M95M
Deferred Long Term Asset Charges31M35.1M64.5M47.4M
Total Assets8.51B7.57B8.21B6.85B
Accounts Payable1B868.4M896.7M836.3M
Short Long Term Debt58.1M29.8M583.2M4M
Other Current Liab266.6M218.6M295.6M396.4M
Long Term Debt2.45B2.48B2.41B1.41B
Other Liab325.1M303.3M283.7M251.3M
Minority Interest2.6M2.6M2.7M5.3M
Total Current Liabilities2.52B2.03B2.67B2.02B
Total Liab5.4B4.94B5.51B3.74B
Common Stock2.02B2.01B2.01B2.02B
Retained Earnings5.65B5.09B4.68B4.21B
Treasury Stock-7.65B-7.8B-7.54B-7.67B
Capital Surplus3.1B3.32B3.55B4.55B
Other Stockholder Equity-7.51B-7.64B-7.37B-7.48B
Total Stockholder Equity3.11B2.63B2.7B3.11B
Net Tangible Assets1.07B644.6M592.1M1.29B

Cash Flow Statement

Cash Flow Statement history of Coca-Cola HBC AG (LSE:CCH)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income547.2M414.9M487.5M447.4M
Depreciation331.3M373.4M375.5M305.6M
Change To Netincome67.9M64.9M30M89.1M
Change To Account Receivables-109M178.5M-18M-23.3M
Change To Liabilities419.3M-79.6M37M40.2M
Change To Inventory-114.5M9.4M14.2M-62.4M
Total Cash From Operating Activities1.14B961.5M926.2M796.6M
Capital Expenditures-506.5M-419.2M-473.2M-437.2M
Investments-781.6M647.2M-484.3M-115.7M
Other Cashflows From Investing Activities-1.2M-2.3M5.9M7.8M
Total Cashflows From Investing Activities-1.26B239.1M-1.05B-528.1M
Dividends Paid-233.6M-225.7M-200.1M-198.8M
Net Borrowings-67.6M-502.7M1.42B-24.9M
Other Cashflows From Financing Activities-40.8M-66M-90.2M-39.4M
Total Cash From Financing Activities-322.4M-786.8M227.6M-274.8M
Effect Of Exchange Rate6.3M-21M5.8M-4.9M
Change In Cash-433M379.7M110.7M-11.2M
Issuance Of Stock19.6M7.6M21.4M16.1M