Entain Plc (LSE:ENT) Annual Report 2021



The latest annual report of Entain Plc (ENT) 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 - ENT Annual Results

Amounts in GBP

Total Revenue
3.83B
Gross Profit
3.21B
EBIT
502.4M
Net Tangible Assets
-2.2B
Net Income
249.3M
Capital Expenditures
-69.8M

ENT Income Statement 2021 Annual Report

As per the latest Income Statement of ENT, the Net revenue increased by £268.40M (8%) compared to the previous period. The operating income in 2021 increased by £219.70M (78%). The net income as per the annual report was 249.3M which increased by £191.50M (331%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue3.83B3.56B
Gross Profit3.21B3.01B
Operating Income502.4M282.7M
Income Before Tax393.2M174.7M
Net Income249.3M57.8M

Balance Sheet - ENT 2021 Annual Report

Read further: ENT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Entain Plc showed the company reduced the cash on balance sheet by £-219.60M (-31%). The Net tangible assets of ENT on the balance sheet were at -2.2B which is £-65.10M (-3%) less than previous annual report. The total stockholder equity also increased by £137.90M (5%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash487.1M706.7M
Total Assets7.25B 7.27B
Long Term Debt2.16B2.09B
Total Liabilities4.08B 4.19B
Total Shareholder Equity3.17B3.03B
Net Tangible Assets-2.2B-2.14B

Cash Flow Statement - ENT 2021 Annual Report

The 2021 annual cash flow statement of Entain Plc showed that the net income increased by £191.50M (331%) compared to previous reporting period. Also the capital expenditure of ENT decreased by £-7.20M (-12%).

As of 2021, the total cash from investing activities was -849.3M and total cash from financing activities was -30.4M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income249.3M57.8M
Capital Expenditures-69.8M-62.6M
Dividends Paid--
Total Cash From From Investing Activities-849.3M-219.1M
Total Cash From From Financing Activities-30.4M-144.5M

Entain Plc Annual Report History

Income Statement

Income Statement history of Entain Plc (LSE:ENT)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue3.83B3.56B3.58B2.94B
Cost Of Revenue620M548.6M511.5M547.2M
Gross Profit3.21B3.01B3.07B2.39B
Research Development----
Selling General Administrative1.3B1.22B1.26B992.7M
Non Recurring----
Other Operating Expenses1.04B965.3M1.05B765.2M
Total Operating Expenses3.33B3.28B3.42B2.75B
Operating Income502.4M282.7M155.8M189.9M
Total Other Income Expense Net-109.2M-108M-320.2M-208.8M
Ebit502.4M282.7M155.8M189.9M
Interest Expense-77.1M-76.5M-88.5M-63.9M
Income Before Tax393.2M174.7M-164.4M-18.9M
Income Tax Expense117.6M60.9M-33.2M37.5M
Minority Interest1.4M52.3M43.1M38.2M
Net Income From Continuing Ops275.6M113.8M-131.2M-56.4M
Discontinued Operations-14.9M-34.4M-9.5M-9.5M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income249.3M57.8M-153.7M-62.5M
Net Income Applicable To Common Shares249.3M57.8M-153.7M-62.5M

Balance Sheet Statement

Balance Sheet Statement history of Entain Plc (LSE:ENT)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash487.1M706.7M390.1M421.9M
Net Receivables508.3M413.3M427.2M344M
Other Current Assets57.4M199.1M47.4M43.3M
Total Current Assets1.11B1.4B924.2M904.2M
Long Term Investments68.4M40M35.9M72.1M
Property Plant Equipment467.2M470.2M467.9M195.6M
Good Will3.22B3.06B2.97B3.33B
Intangible Assets2.15B2.11B2.4B2.8B
Other Assets239.5M197.8M196.4M246.3M
Deferred Long Term Asset Charges141.4M129.8M124.4M76.6M
Total Assets7.25B7.27B6.99B7.55B
Accounts Payable66.7M47.1M46.3M48.3M
Short Long Term Debt121.1M40.2M31.5M14.3M
Other Current Liab457.3M779.7M575.4M648M
Long Term Debt2.16B2.09B2.08B2.22B
Other Liab467M360.5M500.5M652.9M
Minority Interest1.4M52.3M43.1M38.2M
Total Current Liabilities1.24B1.49B1.26B1.19B
Total Liab4.08B4.19B4.13B4.06B
Common Stock4.8M4.8M4.8M4.8M
Retained Earnings-635.8M-901.3M-971.4M-491.5M
Treasury Stock2.59B2.72B2.58B2.74B
Capital Surplus1.21B1.21B1.2B1.2B
Other Stockholder Equity2.59B2.72B2.58B2.74B
Total Stockholder Equity3.17B3.03B2.81B3.45B
Net Tangible Assets-2.2B-2.14B-2.55B-2.68B

Cash Flow Statement

Cash Flow Statement history of Entain Plc (LSE:ENT)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income249.3M57.8M-153.7M-62.5M
Depreciation264.6M433.5M449.3M318.4M
Change To Netincome102M230.8M156.9M-121.6M
Change To Account Receivables-73.7M-161.2M-92M-80M
Change To Liabilities1.9M33.4M29.5M16.5M
Change To Operating Activities-15M200k-98.8M103.9M
Total Cash From Operating Activities631.8M710.3M437.3M296.5M
Capital Expenditures-69.8M-62.6M-72.6M-95.5M
Investments-193.8M-61.8M63.8M-18.7M
Total Cashflows From Investing Activities-849.3M-219.1M-125.2M-725.6M
Net Borrowings143.2M-129.4M-143.9M700M
Other Cashflows From Financing Activities-174.3M-23.7M4.5M-3.9M
Total Cash From Financing Activities-30.4M-144.5M-333.4M583.5M
Effect Of Exchange Rate-14.8M13M-10.5M-2.5M
Change In Cash-262.7M359.7M-31.8M151.9M
Issuance Of Stock700k8.6M1.5M26.2M
Dividends Paid---195.5M-138.8M