Endeavour Mining plc (LSE:EDV) Annual Report 2021



The latest annual report of Endeavour Mining plc (EDV) 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 - EDV Annual Results

Amounts in USD

Total Revenue
2.78B
Gross Profit
1.54B
EBIT
513.4M
Net Tangible Assets
3.79B
Net Income
215.5M
Capital Expenditures
-522.5M

EDV Income Statement 2021 Annual Report

As per the latest Income Statement of EDV, the Net revenue increased by $1.354B (95%) compared to the previous period. The operating income in 2021 increased by $128.20M (33%). The net income as per the annual report was 215.5M which increased by $142.40M (195%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue2.78B1.42B
Gross Profit1.54B750.6M
Operating Income513.4M385.2M
Income Before Tax424.1M219.5M
Net Income215.5M73.1M

Balance Sheet - EDV 2021 Annual Report

Read further: EDV Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Endeavour Mining plc showed the company increased the cash on balance sheet by $261.20M (40%). The Net tangible assets of EDV on the balance sheet were at 3.79B which is $1.8006B (91%) more than previous annual report. The total stockholder equity also increased by $1.8635B (91%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash906.2M645M
Total Assets6.77B 3.87B
Long Term Debt841.9M688.3M
Total Liabilities2.39B 1.62B
Total Shareholder Equity3.92B2.06B
Net Tangible Assets3.79B1.99B

Cash Flow Statement - EDV 2021 Annual Report

The 2021 annual cash flow statement of Endeavour Mining plc showed that the net income increased by $142.40M (195%) compared to previous reporting period. Also the capital expenditure of EDV decreased by $-286.60M (-121%).

As of 2021, the total cash from investing activities was -511.7M and total cash from financing activities was -431.1M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income215.5M73.1M
Capital Expenditures-522.5M-235.9M
Dividends Paid-129.9M-129.9M
Total Cash From From Investing Activities-511.7M-160.1M
Total Cash From From Financing Activities-431.1M-70.7M

Endeavour Mining plc Annual Report History

Income Statement

Income Statement history of Endeavour Mining plc (LSE:EDV)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue2.78B1.42B694.85M751.96M
Cost Of Revenue1.24B673.5M386.38M427.99M
Gross Profit1.54B750.6M308.47M323.96M
Research Development----
Selling General Administrative61.9M16M20.62M26.57M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses2.26B1.04B717.8M656.19M
Operating Income513.4M385.2M-22.95M95.77M
Total Other Income Expense Net-89.3M-165.7M-111.89M-17.19M
Ebit513.4M385.2M-22.95M95.77M
Interest Expense-60.7M-45M-33.83M-17.93M
Income Before Tax424.1M219.5M-134.84M78.58M
Income Tax Expense144.6M85.2M25.13M61.52M
Minority Interest464.2M190.9M98.63M86.33M
Net Income From Continuing Ops279.5M134.3M-159.97M17.06M
Discontinued Operations-3.7M-21.8M18.81M-144.79M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income215.5M73.1M-163.72M-144.86M
Net Income Applicable To Common Shares215.5M73.1M-163.72M-144.86M

Balance Sheet Statement

Balance Sheet Statement history of Endeavour Mining plc (LSE:EDV)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash906.2M645M189.89M124.02M
Net Receivables96.1M55.1M19.23M57.78M
Inventory311.3M190.6M168.38M126.35M
Other Current Assets17.3M180.8M15.89M16.83M
Total Current Assets1.37B1.1B394.81M326.77M
Long Term Investments40M800k1.22M-
Property Plant Equipment4.98B2.58B1.41B1.54B
Good Will134.4M71.5M--
Other Assets250.3M122M66.48M51.43M
Deferred Long Term Asset Charges10M19.8M5.5M4.19M
Total Assets6.77B3.87B1.87B1.92B
Accounts Payable247.7M192.9M147.46M152.16M
Other Current Liab213.4M274.3M77.97M65.8M
Long Term Debt841.9M688.3M638.98M542.25M
Other Liab939.5M386M91.9M110.69M
Minority Interest464.2M190.9M98.63M86.33M
Total Current Liabilities567.1M522.4M268.01M248.42M
Total Liab2.39B1.62B1.06B977.71M
Common Stock2.5M16.4M10.99M10.8M
Retained Earnings3.33B-1.06B-1.13B-951.11M
Treasury Stock584M70.4M72.49M65.45M
Capital Surplus4.5M3.03B1.76B1.73B
Other Stockholder Equity584M70.4M72.49M65.45M
Total Stockholder Equity3.92B2.06B717.87M858.01M
Net Tangible Assets3.79B1.99B717.87M858.01M

Cash Flow Statement

Cash Flow Statement history of Endeavour Mining plc (LSE:EDV)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income215.5M73.1M-163.72M-144.86M
Depreciation911.5M327.5M280.54M170.1M
Change To Netincome15M263.4M169.34M228.67M
Change To Account Receivables-1.4M4.1M21.19M-4.73M
Change To Liabilities-60.2M42.7M8.23M6.52M
Change To Inventory65.2M45.1M-14.21M-17.2M
Change To Operating Activities4.6M-10M-2.31M5.32M
Total Cash From Operating Activities1.17B748.9M301.88M250.92M
Capital Expenditures-522.5M-235.9M-208.18M-402.2M
Other Cashflows From Investing Activities-11.5M-22.1M-46.76M-84.3M
Total Cashflows From Investing Activities-511.7M-160.1M-251.53M-453.32M
Dividends Paid-129.9M-129.9M-129.9M-1.96M
Net Borrowings-186.8M-112.7M57.77M238.8M
Other Cashflows From Financing Activities-180.6M-58M-42.94M-34.93M
Total Cash From Financing Activities-431.1M-70.7M15.12M204.47M
Effect Of Exchange Rate-31.8M6.7M384k-748k
Change In Cash191.5M524.8M65.87M1.32M
Repurchase Of Stock-133.8M-133.8M-133.8M-133.8M
Issuance Of Stock200M100M292k600k