Diageo plc (LSE:DGE) Annual Report 2021



The latest annual report of Diageo plc (DGE) was published on 30 Jun 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 - DGE Annual Results

Amounts in GBP

Total Revenue
12.73B
Gross Profit
7.7B
EBIT
3.75B
Net Tangible Assets
-3.87B
Net Income
2.66B
Capital Expenditures
-626M

DGE Income Statement 2021 Annual Report

As per the latest Income Statement of DGE, the Net revenue increased by £981.00M (8%) compared to the previous period. The operating income in 2021 increased by £257.00M (7%). The net income as per the annual report was 2.66B which increased by £1.251B (89%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue12.73B11.75B
Gross Profit7.7B7.09B
Operating Income3.75B3.49B
Income Before Tax3.71B2.04B
Net Income2.66B1.41B

Balance Sheet - DGE 2021 Annual Report

Read further: DGE Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Diageo plc showed the company reduced the cash on balance sheet by £-574.00M (-17%). The Net tangible assets of DGE on the balance sheet were at -3.87B which is £661.00M (15%) more than previous annual report. The total stockholder equity also increased by £125.00M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash2.75B3.32B
Total Assets31.95B 33.31B
Long Term Debt12.96B14.8B
Total Liabilities23.52B 24.87B
Total Shareholder Equity6.9B6.77B
Net Tangible Assets-3.87B-4.53B

Cash Flow Statement - DGE 2021 Annual Report

The 2021 annual cash flow statement of Diageo plc showed that the net income increased by £1.251B (89%) compared to previous reporting period. Also the capital expenditure of DGE increased by £74.00M (11%).

As of 2021, the total cash from investing activities was -1.09B and total cash from financing activities was -2.79B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income2.66B1.41B
Capital Expenditures-626M-700M
Dividends Paid-1.65B-1.65B
Total Cash From From Investing Activities-1.09B-805M
Total Cash From From Financing Activities-2.79B1.04B

Diageo plc Annual Report History

Income Statement

Income Statement history of Diageo plc (LSE:DGE)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue12.73B11.75B12.87B12.16B
Cost Of Revenue5.04B4.66B4.87B4.63B
Gross Profit7.7B7.09B8B7.53B
Research Development----
Selling General Administrative2.16B1.83B2.04B1.89B
Non Recurring----
Other Operating Expenses1.79B1.76B1.84B1.83B
Total Operating Expenses8.98B8.26B8.74B8.36B
Operating Income3.75B3.49B4.12B3.81B
Total Other Income Expense Net-45M-1.45B112M-68M
Ebit3.75B3.49B4.12B3.81B
Interest Expense-602M-670M-646M-467M
Income Before Tax3.71B2.04B4.24B3.74B
Income Tax Expense907M589M898M596M
Minority Interest1.53B1.67B1.79B1.76B
Net Income From Continuing Ops2.8B1.45B3.34B3.14B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income2.66B1.41B3.16B3.02B
Net Income Applicable To Common Shares2.66B1.41B3.16B3.02B

Balance Sheet Statement

Balance Sheet Statement history of Diageo plc (LSE:DGE)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash2.75B3.32B932M874M
Short Term Investments46M73M124M25M
Net Receivables2.38B2.14B2.58B2.59B
Inventory6.04B5.77B5.47B5.01B
Other Current Assets71M2M66M34M
Total Current Assets11.45B11.47B9.37B8.69B
Long Term Investments3.46B3.81B3.34B3.08B
Property Plant Equipment4.85B4.93B4.46B4.09B
Good Will1.96B1.91B2.68B2.68B
Intangible Assets8.81B9.39B9.88B9.89B
Other Assets1.44B1.81B1.57B1.29B
Deferred Long Term Asset Charges100M119M138M122M
Total Assets31.95B33.31B31.3B29.71B
Accounts Payable2.01B1.33B1.69B1.51B
Short Long Term Debt1.65B1.65B979M1.5B
Other Current Liab1.25B1.24B1.44B1.08B
Long Term Debt12.96B14.8B10.61B8.14B
Other Liab3.14B3.2B3.44B3.37B
Minority Interest1.53B1.67B1.79B1.76B
Total Current Liabilities7.14B6.5B7B6.36B
Total Liab23.52B24.87B21.14B18B
Common Stock741M742M753M780M
Retained Earnings5.06B4.34B5.91B7.83B
Treasury Stock-256M336M346M-11M
Capital Surplus1.35B1.35B1.35B1.35B
Other Stockholder Equity1.62B2.27B2.37B2.13B
Total Stockholder Equity6.9B6.77B8.36B9.95B
Net Tangible Assets-3.87B-4.53B-4.2B-2.62B

Cash Flow Statement

Cash Flow Statement history of Diageo plc (LSE:DGE)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income2.66B1.41B3.16B3.02B
Depreciation403M418M374M368M
Change To Netincome216M759M-64M-147M
Change To Account Receivables-446M523M11M-202M
Change To Liabilities1.22B-485M201M314M
Change To Inventory-443M-366M-434M-271M
Total Cash From Operating Activities3.65B2.32B3.25B3.08B
Capital Expenditures-626M-700M-671M-584M
Total Cashflows From Investing Activities-1.09B-805M-270M-1.15B
Dividends Paid-1.65B-1.65B-1.62B-1.58B
Net Borrowings-969M4.08B2.32B1.01B
Other Cashflows From Financing Activities-119M-173M-896M-54M
Total Cash From Financing Activities-2.79B1.04B-2.92B-2.12B
Effect Of Exchange Rate-285M-120M-26M-39M
Change In Cash-516M2.43B28M-224M
Repurchase Of Stock-109M-1.28B-2.77B-1.51B
Issuance Of Stock49M55M51M9M