DCC plc (LSE:DCC) Annual Report 2021



The latest annual report of DCC plc (DCC) was published on 31 Mar 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 - DCC Annual Results

Amounts in GBP

Total Revenue
13.41B
Gross Profit
1.82B
EBIT
458.98M
Net Tangible Assets
440.7M
Net Income
292.62M
Capital Expenditures
-162.88M

DCC Income Statement 2021 Annual Report

As per the latest Income Statement of DCC, the Net revenue decreased by £-1.342943B (-9%) compared to the previous period. The operating income in 2021 increased by £32.31M (8%). The net income as per the annual report was 292.62M which increased by £47.11M (19%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue13.41B14.76B
Gross Profit1.82B1.74B
Operating Income458.98M426.67M
Income Before Tax365.08M311.49M
Net Income292.62M245.51M

Balance Sheet - DCC 2021 Annual Report

Read further: DCC Balance Sheet Detailed Analysis

The latest balance sheet from annual result of DCC plc showed the company reduced the cash on balance sheet by £-7.91M (0%). The Net tangible assets of DCC on the balance sheet were at 440.7M which is £80.90M (22%) more than previous annual report. The total stockholder equity also increased by £160.74M (6%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash1.79B1.79B
Total Assets8.03B 7.92B
Long Term Debt1.55B1.86B
Total Liabilities5.33B 5.38B
Total Shareholder Equity2.65B2.49B
Net Tangible Assets440.7M359.8M

Cash Flow Statement - DCC 2021 Annual Report

The 2021 annual cash flow statement of DCC plc showed that the net income increased by £47.11M (19%) compared to previous reporting period. Also the capital expenditure of DCC increased by £18.14M (10%).

As of 2021, the total cash from investing activities was -391.52M and total cash from financing activities was -256.62M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income292.62M245.51M
Capital Expenditures-162.88M-181.01M
Dividends Paid-143.52M-139.21M
Total Cash From From Investing Activities-391.52M-319.5M
Total Cash From From Financing Activities-256.62M-15.46M

DCC plc Annual Report History

Income Statement

Income Statement history of DCC plc (LSE:DCC)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue13.41B14.76B15.23B13.12B
Cost Of Revenue11.59B13.02B13.59B11.71B
Gross Profit1.82B1.74B1.64B1.41B
Research Development----
Selling General Administrative1.31B1.27B1.2B1.04B
Non Recurring----
Other Operating Expenses-26.86M-26M-30.27M-19.03M
Total Operating Expenses12.95B14.33B14.83B12.78B
Operating Income458.98M426.67M394.94M340.78M
Total Other Income Expense Net-93.9M-115.19M-67.51M-80.62M
Ebit458.98M426.67M394.94M340.78M
Interest Expense-46.67M-50.38M-44.65M-33.15M
Income Before Tax365.08M311.49M327.43M260.16M
Income Tax Expense62.28M57.34M56.3M23.88M
Minority Interest58.21M54.77M42.82M35.26M
Net Income From Continuing Ops302.8M254.15M271.13M236.28M
Discontinued Operations---30.64M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income292.62M245.51M262.59M261.82M
Net Income Applicable To Common Shares292.62M245.51M262.59M261.82M

Balance Sheet Statement

Balance Sheet Statement history of DCC plc (LSE:DCC)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash1.79B1.79B1.55B1.04B
Net Receivables1.55B1.51B1.39B1.31B
Inventory685.95M631M678.01M530.47M
Other Current Assets23.26M22.23M5.5M8.05M
Total Current Assets4.2B4.11B3.82B3B
Long Term Investments148.1M260.45M167.75M127.47M
Property Plant Equipment1.45B1.39B996.54M933.04M
Good Will1.53B1.47B1.45B1.34B
Intangible Assets679.14M659.74M624.41M611.05M
Other Assets31.41M35.41M26.18M26.23M
Deferred Long Term Asset Charges30.71M35.36M26.14M26.15M
Total Assets8.03B7.92B7.08B6.04B
Accounts Payable1.85B1.67B1.66B1.58B
Short Long Term Debt159.84M94.08M252.07M8.47M
Other Current Liab742.52M638.91M552.01M475.07M
Long Term Debt1.55B1.86B1.44B1.61B
Other Liab517.61M514.56M516.36M519.72M
Minority Interest58.21M54.77M42.82M35.26M
Total Current Liabilities3B2.75B2.68B2.24B
Total Liab5.33B5.38B4.64B4.37B
Common Stock17.42M17.42M17.42M15.46M
Retained Earnings1.63B1.48B1.37B1.24B
Treasury Stock115.29M104.1M122.47M108.73M
Capital Surplus882.92M882.89M882.56M280.53M
Other Stockholder Equity115.29M104.1M122.47M108.73M
Total Stockholder Equity2.65B2.49B2.39B1.64B
Net Tangible Assets440.7M359.8M321.15M-311.17M

Cash Flow Statement

Cash Flow Statement history of DCC plc (LSE:DCC)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income292.62M245.51M262.59M261.82M
Depreciation259.47M238.87M172.94M136.78M
Change To Netincome-1.99M-4.46M-12.64M-59.35M
Change To Account Receivables-49.6M-54.02M23.14M-148.23M
Change To Liabilities285.09M16.5M60.17M173.94M
Change To Inventory-57.81M86.71M-45.84M-39.47M
Change To Operating Activities177.67M177.67M177.67M177.67M
Total Cash From Operating Activities727.77M529.11M460.36M325.5M
Capital Expenditures-162.88M-181.01M-182.31M-153M
Other Cashflows From Investing Activities-8.31M3.85M4.94M172.53M
Total Cashflows From Investing Activities-391.52M-319.5M-426.59M-636.96M
Dividends Paid-143.52M-139.21M-116.96M-102.87M
Net Borrowings-176.89M104.85M-138k401.23M
Other Cashflows From Financing Activities63.75M18.57M18.57M11.28M
Total Cash From Financing Activities-256.62M-15.46M476.05M312.95M
Effect Of Exchange Rate-47.5M24.6M-8.07M-10.02M
Change In Cash32.12M218.75M501.74M-8.53M
Issuance Of Stock37k326k593.15M3.32M