Halma plc (LSE:HLMA) Annual Report 2022



The latest annual report of Halma plc (HLMA) was published on 31 Mar 2022. 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 - HLMA Annual Results

Amounts in GBP

Total Revenue
1.53B
Gross Profit
1.53B
EBIT
285.4M
Net Tangible Assets
168.8M
Net Income
244.4M
Capital Expenditures
-25.2M

HLMA Income Statement 2022 Annual Report

As per the latest Income Statement of HLMA, the Net revenue increased by £207.10M (16%) compared to the previous period. The operating income in 2022 increased by £39.30M (16%). The net income as per the annual report was 244.4M which increased by £41.00M (20%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue1.53B1.32B
Gross Profit1.53B655.9M
Operating Income285.4M246.1M
Income Before Tax304.4M252.9M
Net Income244.4M203.4M

Balance Sheet - HLMA 2022 Annual Report

Read further: HLMA Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Halma plc showed the company increased the cash on balance sheet by £23.30M (17%). The Net tangible assets of HLMA on the balance sheet were at 168.8M which is £61.40M (57%) more than previous annual report. The total stockholder equity also increased by £235.70M (20%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash157.4M134.1M
Total Assets2.2B 1.88B
Long Term Debt287.6M322.3M
Total Liabilities793.9M 710.3M
Total Shareholder Equity1.4B1.17B
Net Tangible Assets168.8M107.4M

Cash Flow Statement - HLMA 2022 Annual Report

The 2022 annual cash flow statement of Halma plc showed that the net income increased by £41.00M (20%) compared to previous reporting period. Also the capital expenditure of HLMA decreased by £-2.40M (-11%).

As of 2022, the total cash from investing activities was -134.7M and total cash from financing activities was -81.9M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income244.4M203.4M
Capital Expenditures-25.2M-22.8M
Dividends Paid-68.7M-63.7M
Total Cash From From Investing Activities-134.7M-64.2M
Total Cash From From Financing Activities-81.9M-183.5M

Halma plc Annual Report History

Income Statement

Income Statement history of Halma plc (LSE:HLMA)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue1.53B1.32B1.34B1.21B
Cost Of Revenue-662.3M668.8M609.2M
Gross Profit1.53B655.9M669.6M601.7M
Research Development----
Selling General Administrative300k409.8M429.5M382.7M
Non Recurring----
Other Operating Expenses1.23B1.23B1.23B1.23B
Total Operating Expenses1.24B1.07B1.1B991.9M
Operating Income285.4M246.1M240.1M219M
Total Other Income Expense Net19M6.8M-16M-12.3M
Ebit285.4M246.1M240.1M219M
Interest Expense-8.7M-10.8M-11.7M-9M
Income Before Tax304.4M252.9M224.1M206.7M
Income Tax Expense60.2M49.6M39.7M36.9M
Minority Interest400k600k-700k-700k
Net Income From Continuing Ops244.2M203.3M184.4M169.8M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income244.4M203.4M184.4M169.8M
Net Income Applicable To Common Shares244.4M203.4M184.4M169.8M

Balance Sheet Statement

Balance Sheet Statement history of Halma plc (LSE:HLMA)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash157.4M134.1M106.3M81.2M
Net Receivables325.8M253.1M279M241.2M
Inventory228.8M167.8M170.6M144.3M
Other Current Assets700k1.7M1M900k
Total Current Assets712.7M574.1M575.2M486.2M
Long Term Investments8.2M9.3M4.8M3.9M
Property Plant Equipment194M180.8M184.3M112.4M
Good Will908.7M808.5M838.4M694M
Intangible Assets325.2M251.1M292.3M212.1M
Other Assets48.2M54.1M42.8M34.5M
Deferred Long Term Asset Charges2.4M1.3M1.3M1.4M
Total Assets2.2B1.88B1.94B1.54B
Accounts Payable242.7M84.8M89.5M82.1M
Short Long Term Debt71.8M-74.2M100k
Other Current Liab33.2M66.4M60.5M54.7M
Long Term Debt287.6M322.3M345M253.7M
Other Liab85.8M88.3M94.2M94.9M
Minority Interest400k600k-700k-
Total Current Liabilities363.9M248M313.2M213.1M
Total Liab793.9M710.3M800.9M561.7M
Common Stock38M38M38M38M
Retained Earnings1.27B1.07B949.2M810.1M
Treasury Stock66.3M39.6M126.8M109.7M
Capital Surplus23.6M23.6M23.6M23.6M
Other Stockholder Equity97M60.5M141.1M114.4M
Total Stockholder Equity1.4B1.17B1.14B981.4M
Net Tangible Assets168.8M107.4M6.9M75.3M

Cash Flow Statement

Cash Flow Statement history of Halma plc (LSE:HLMA)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income244.4M203.4M184.4M169.8M
Depreciation79.4M80M74.6M55.9M
Change To Netincome-24.5M-22.3M-5.9M2.8M
Change To Account Receivables-43.6M4.3M-9M-15.3M
Change To Liabilities36.1M7.9M8.9M8.2M
Change To Inventory-51.9M-6.7M-5.1M-9.2M
Change To Operating Activities-12M700k-2.5M-3.5M
Total Cash From Operating Activities237.4M277.6M255.5M219M
Capital Expenditures-25.2M-22.8M-31.2M-26.4M
Investments-700k-3.4M-4.8M-4.8M
Other Cashflows From Investing Activities200k800k500k400k
Total Cashflows From Investing Activities-134.7M-64.2M-276.4M-104M
Dividends Paid-68.7M-63.7M-61.2M-57.2M
Net Borrowings14.3M-93.6M142.7M-43.9M
Other Cashflows From Financing Activities-8.2M-10M-11.1M-8.7M
Total Cash From Financing Activities-81.9M-183.5M53.7M-113.6M
Effect Of Exchange Rate4.8M-4.2M500k1M
Change In Cash25.6M25.7M33.3M2.4M
Repurchase Of Stock-19.3M-16.2M-16.7M-3.8M