Centrica plc (LSE:CNA) Annual Report 2021



The latest annual report of Centrica plc (CNA) 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 - CNA Annual Results

Amounts in GBP

Total Revenue
14.74B
Gross Profit
1.41B
EBIT
244M
Net Tangible Assets
1.2B
Net Income
1.21B
Capital Expenditures
-420M

CNA Income Statement 2021 Annual Report

As per the latest Income Statement of CNA, the Net revenue increased by £2.495B (20%) compared to the previous period. The operating income in 2021 decreased by £-1.598B (-87%). The net income as per the annual report was 1.21B which increased by £1.169B (2851%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 14.74B 12.25B
Gross Profit 1.41B 3.08B
Operating Income 244M 1.84B
Income Before Tax 767M -577M
Net Income 1.21B 41M

Balance Sheet - CNA 2021 Annual Report

Read further: CNA Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Centrica plc showed the company increased the cash on balance sheet by £3.24B (178%). The Net tangible assets of CNA on the balance sheet were at 1.2B which is £2.187B (222%) more than previous annual report. The total stockholder equity also increased by £1.408B (147%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 5.06B 1.82B
Total Assets 27.09B 17.12B
Long Term Debt 3.18B 4.25B
Total Liabilities 24.34B 15.74B
Total Shareholder Equity 2.37B 957M
Net Tangible Assets 1.2B -983M

Cash Flow Statement - CNA 2021 Annual Report

The 2021 annual cash flow statement of Centrica plc showed that the net income increased by £1.169B (2851%) compared to previous reporting period. Also the capital expenditure of CNA increased by £69.00M (14%).

As of 2021, the total cash from investing activities was 2.26B and total cash from financing activities was -938M.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 1.21B 41M
Capital Expenditures -420M -489M
Dividends Paid - -
Total Cash From From Investing Activities 2.26B -285M
Total Cash From From Financing Activities -938M -482M

Centrica plc Annual Report History

Income Statement

Income Statement history of Centrica plc (LSE:CNA)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 14.74B 12.25B 12.99B 23.3B
Cost Of Revenue 13.33B 9.17B 8.36B 16.32B
Gross Profit 1.41B 3.08B 4.64B 6.98B
Research Development - - - -
Selling General Administrative 749M 685M 954M 1.26B
Non Recurring - - - -
Other Operating Expenses - - 661M 1.06B
Total Operating Expenses 14.5B 10.41B 10.42B 19.04B
Operating Income 244M 1.84B 2.58B 4.26B
Total Other Income Expense Net 523M -2.42B -3.61B -3.69B
Ebit 244M 1.84B 2.58B 4.26B
Interest Expense -196M -226M -264M -300M
Income Before Tax 767M -577M -1.03B 575M
Income Tax Expense 218M -145M 10M 333M
Minority Interest 385M 425M 583M 803M
Net Income From Continuing Ops 549M -432M -1.04B 242M
Discontinued Operations 624M 315M -59M -59M
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 1.21B 41M -1.02B 183M
Net Income Applicable To Common Shares 1.21B 41M -1.02B 183M

Balance Sheet Statement

Balance Sheet Statement history of Centrica plc (LSE:CNA)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 5.06B 1.82B 1.34B 1.27B
Net Receivables 4.88B 2.58B 4.44B 4.93B
Inventory 644M 324M 431M 459M
Other Current Assets 9.11B 5.39B 1.6B 1.59B
Total Current Assets 19.89B 10.41B 8.29B 8.67B
Long Term Investments 1.65B 869M 1.31B 1.78B
Property Plant Equipment 1.99B 2.64B 3.13B 4.12B
Good Will 401M 929M 2.58B 2.74B
Intangible Assets 760M 1.01B 1.46B 1.72B
Other Assets 2.4B 1.25B 1.39B 1.53B
Deferred Long Term Asset Charges 823M 636M 553M 532M
Total Assets 27.09B 17.12B 18.15B 20.56B
Accounts Payable 542M 440M 571M 578M
Short Long Term Debt 284M - 60M 90M
Other Current Liab 11.73B 4.58B 4.41B 3.75B
Long Term Debt 3.18B 4.25B 4.15B 4.22B
Other Liab 2.92B 3.48B 2.99B 3.85B
Minority Interest 385M 425M 583M 803M
Total Current Liabilities 17.98B 7.67B 8.88B 8.38B
Total Liab 24.34B 15.74B 16.36B 16.61B
Common Stock 363M 361M 360M 354M
Retained Earnings 377M -836M -869M 725M
Treasury Stock -752M -915M -609M -174M
Capital Surplus 2.38B 2.35B 2.33B 2.24B
Other Stockholder Equity -734M -884M -572M -67M
Total Stockholder Equity 2.37B 957M 1.21B 3.15B
Net Tangible Assets 1.2B -983M -2.82B -1.31B

Cash Flow Statement

Cash Flow Statement history of Centrica plc (LSE:CNA)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 1.21B 41M -1.02B 183M
Depreciation 768M 883M 983M 788M
Change To Netincome -613M 680M 1.26B 793M
Change To Account Receivables -3.36B 363M 240M -834M
Change To Liabilities 3.96B -571M -182M 831M
Change To Inventory -361M 4M -28M -43M
Total Cash From Operating Activities 1.61B 1.4B 1.25B 1.93B
Capital Expenditures -420M -489M -757M -574M
Investments -1M 111M 49M -79M
Other Cashflows From Investing Activities 2.59B 47M 160M 37M
Total Cashflows From Investing Activities 2.26B -285M -503M -1.01B
Net Borrowings -706M -234M -227M -1.67B
Other Cashflows From Financing Activities -233M -218M -381M -305M
Total Cash From Financing Activities -938M -482M -1.08B -2.54B
Effect Of Exchange Rate -1M -34M -4M 4M
Change In Cash 2.94B 599M -334M -1.61B
Issuance Of Stock 1M 1M 2M 2M
Dividends Paid - - -471M -551M