Croda International Plc (LSE:CRDA) Annual Report 2021



The latest annual report of Croda International Plc (CRDA) 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 - CRDA Annual Results

Amounts in GBP

Total Revenue
1.89B
Gross Profit
938.9M
EBIT
439.4M
Net Tangible Assets
480.4M
Net Income
320.8M
Capital Expenditures
-153M

CRDA Income Statement 2021 Annual Report

As per the latest Income Statement of CRDA, the Net revenue increased by £499.30M (36%) compared to the previous period. The operating income in 2021 increased by £138.90M (46%). The net income as per the annual report was 320.8M which increased by £119.20M (59%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue1.89B1.39B
Gross Profit938.9M632.1M
Operating Income439.4M300.5M
Income Before Tax411.5M269.5M
Net Income320.8M201.6M

Balance Sheet - CRDA 2021 Annual Report

Read further: CRDA Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Croda International Plc showed the company increased the cash on balance sheet by £6.30M (6%). The Net tangible assets of CRDA on the balance sheet were at 480.4M which is £207.40M (76%) more than previous annual report. The total stockholder equity also increased by £167.30M (11%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash112.8M106.5M
Total Assets3.29B 3.03B
Long Term Debt794.6M776.2M
Total Liabilities1.53B 1.43B
Total Shareholder Equity1.75B1.58B
Net Tangible Assets480.4M273M

Cash Flow Statement - CRDA 2021 Annual Report

The 2021 annual cash flow statement of Croda International Plc showed that the net income increased by £119.20M (59%) compared to previous reporting period. Also the capital expenditure of CRDA decreased by £-38.00M (-33%).

As of 2021, the total cash from investing activities was -216.2M and total cash from financing activities was -112.6M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income320.8M201.6M
Capital Expenditures-153M-115M
Dividends Paid-132.5M-115.9M
Total Cash From From Investing Activities-216.2M-991.9M
Total Cash From From Financing Activities-112.6M722.4M

Croda International Plc Annual Report History

Income Statement

Income Statement history of Croda International Plc (LSE:CRDA)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue1.89B1.39B1.38B1.39B
Cost Of Revenue950.7M758.2M746.5M864.6M
Gross Profit938.9M632.1M631.2M522.3M
Research Development----
Selling General Administrative499.5M331.6M311.3M191.4M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.45B1.09B1.06B1.06B
Operating Income439.4M300.5M319.9M330.9M
Total Other Income Expense Net-27.9M-31M-17.6M-13.1M
Ebit439.4M300.5M319.9M330.9M
Interest Expense-22.1M-18.3M-18.2M-11.5M
Income Before Tax411.5M269.5M302.3M317.8M
Income Tax Expense88.7M67.9M78.5M79.5M
Minority Interest12.8M9.3M7M7.5M
Net Income From Continuing Ops322.8M201.6M223.8M238.3M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income320.8M201.6M223.9M238.5M
Net Income Applicable To Common Shares320.8M201.6M223.9M238.5M

Balance Sheet Statement

Balance Sheet Statement history of Croda International Plc (LSE:CRDA)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash112.8M106.5M81.9M71.2M
Net Receivables323.3M280.1M207.8M224.2M
Inventory443M302.6M268.9M287.2M
Total Current Assets893.7M699M567.6M592M
Long Term Investments3.3M5.2M4.7M4.8M
Property Plant Equipment1.08B980.9M851.4M780.3M
Good Will852M866.7M348.5M354M
Intangible Assets419.6M445M96.8M100.9M
Other Assets48.8M32.1M22M80.8M
Deferred Long Term Asset Charges13.5M14.5M11.8M56.2M
Total Assets3.29B3.03B1.89B1.91B
Accounts Payable133.2M97.8M63.8M68.2M
Short Long Term Debt32.4M20.4M90.7M17.9M
Other Current Liab131.1M104M95.2M101.5M
Long Term Debt794.6M776.2M476.6M446.9M
Other Liab194.7M241.2M173.7M175.7M
Minority Interest12.8M9.3M7M7.5M
Total Current Liabilities459.9M345.4M336.4M291.6M
Total Liab1.53B1.43B1.02B914.8M
Common Stock15.1M15.1M14M14M
Retained Earnings1.07B842.6M718.8M813.4M
Treasury Stock-43.8M19.3M34.4M68.7M
Capital Surplus707.7M707.7M93.3M93.3M
Other Stockholder Equity-43.8M19.3M34.4M68.7M
Total Stockholder Equity1.75B1.58B860.5M989.4M
Net Tangible Assets480.4M273M415.2M534.5M

Cash Flow Statement

Cash Flow Statement history of Croda International Plc (LSE:CRDA)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income320.8M201.6M223.9M238.5M
Depreciation76.3M66.2M64.5M54.4M
Change To Netincome50.4M24.5M12M36.6M
Change To Account Receivables-53.2M-15.6M8.3M-26.3M
Change To Liabilities91.6M15.3M-18.9M-20.8M
Change To Inventory-140.9M-7M12.2M-22.2M
Total Cash From Operating Activities347.7M287M303.9M262M
Capital Expenditures-153M-115M-105.2M-100.2M
Other Cashflows From Investing Activities400k-1.2M-200k100k
Total Cashflows From Investing Activities-216.2M-991.9M-112M-185.1M
Dividends Paid-132.5M-115.9M-115.4M-110.5M
Net Borrowings23.2M229.7M106.6M14.7M
Other Cashflows From Financing Activities-900k-900k-900k-900k
Total Cash From Financing Activities-112.6M722.4M-164.6M-95.4M
Effect Of Exchange Rate-2.4M-2.8M-4.5M3.9M
Change In Cash16.5M14.7M22.8M-14.6M
Repurchase Of Stock-2.4M-6.9M-4.3M-4.3M