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
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

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 £35.60M (14%). 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)

2022 2021
Total Revenue 1.53B 1.32B
Gross Profit 767M 655.9M
Operating Income 281.7M 246.1M
Income Before Tax 304.4M 252.9M
Net Income 244.4M 203.4M

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 210.5M which is £103.10M (96%) 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)

2022 2021
Cash 157.4M 134.1M
Total Assets 2.2B 1.88B
Long Term Debt 287.6M 322.3M
Total Liabilities 793.9M 710.3M
Total Shareholder Equity 1.4B 1.17B
Net Tangible Assets 210.5M 107.4M

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)

2022 2021
Net Income 244.4M 203.4M
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 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 1.53B 1.32B 1.34B 1.21B
Cost Of Revenue 758.3M 662.3M 668.8M 609.2M
Gross Profit 767M 655.9M 669.6M 601.7M
Research Development - - - -
Selling General Administrative 485.3M 409.8M 429.5M 382.7M
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 1.24B 1.07B 1.1B 991.9M
Operating Income 281.7M 246.1M 240.1M 219M
Total Other Income Expense Net 22.7M 6.8M -16M -12.3M
Ebit 281.7M 246.1M 240.1M 219M
Interest Expense -8.7M -10.8M -11.7M -9M
Income Before Tax 304.4M 252.9M 224.1M 206.7M
Income Tax Expense 60.2M 49.6M 39.7M 36.9M
Minority Interest 400k 600k -700k -700k
Net Income From Continuing Ops 244.2M 203.3M 184.4M 169.8M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 244.4M 203.4M 184.4M 169.8M
Net Income Applicable To Common Shares 244.4M 203.4M 184.4M 169.8M

Balance Sheet Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 157.4M 134.1M 106.3M 81.2M
Net Receivables 301.9M 253.1M 279M 241.2M
Inventory 228.8M 167.8M 170.6M 144.3M
Other Current Assets 700k 1.7M 1M 900k
Total Current Assets 712.7M 574.1M 575.2M 486.2M
Long Term Investments 8.2M 9.3M 4.8M 3.9M
Property Plant Equipment 194M 180.8M 184.3M 112.4M
Good Will 908.7M 808.5M 838.4M 694M
Intangible Assets 283.5M 251.1M 292.3M 212.1M
Other Assets 89.9M 54.1M 42.8M 34.5M
Deferred Long Term Asset Charges 2.4M 1.3M 1.3M 1.4M
Total Assets 2.2B 1.88B 1.94B 1.54B
Accounts Payable 102.5M 84.8M 89.5M 82.1M
Short Long Term Debt 71.8M - 74.2M 100k
Other Current Liab 64.6M 66.4M 60.5M 54.7M
Long Term Debt 287.6M 322.3M 345M 253.7M
Other Liab 85.8M 88.3M 94.2M 94.9M
Deferred Long Term Liab 41.7M 38.9M 36.1M 33.1M
Minority Interest 400k 600k -700k -
Total Current Liabilities 363.9M 248M 313.2M 213.1M
Total Liab 793.9M 710.3M 800.9M 561.7M
Common Stock 38M 38M 38M 38M
Retained Earnings 1.27B 1.07B 949.2M 810.1M
Treasury Stock 66.3M 39.6M 126.8M 109.7M
Capital Surplus 23.6M 23.6M 23.6M 23.6M
Other Stockholder Equity 97M 60.5M 141.1M 114.4M
Total Stockholder Equity 1.4B 1.17B 1.14B 981.4M
Net Tangible Assets 210.5M 107.4M 6.9M 75.3M

Cash Flow Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 244.4M 203.4M 184.4M 169.8M
Depreciation 79.1M 80M 74.6M 55.9M
Change To Netincome -24.2M -22.3M -5.9M 2.8M
Change To Account Receivables -43.6M 4.3M -9M -15.3M
Change To Liabilities 36.1M 7.9M 8.9M 8.2M
Change To Inventory -51.9M -6.7M -5.1M -9.2M
Change To Operating Activities -12M 700k -2.5M -3.5M
Total Cash From Operating Activities 237.4M 277.6M 255.5M 219M
Capital Expenditures -25.2M -22.8M -31.2M -26.4M
Investments -700k -3.4M -4.8M -4.8M
Other Cashflows From Investing Activities 200k 800k 500k 400k
Total Cashflows From Investing Activities -134.7M -64.2M -276.4M -104M
Dividends Paid -68.7M -63.7M -61.2M -57.2M
Net Borrowings 14.3M -93.6M 142.7M -43.9M
Other Cashflows From Financing Activities -8.2M -10M -11.1M -8.7M
Total Cash From Financing Activities -81.9M -183.5M 53.7M -113.6M
Effect Of Exchange Rate 4.8M -4.2M 500k 1M
Change In Cash 25.6M 25.7M 33.3M 2.4M
Repurchase Of Stock -19.3M -16.2M -16.7M -3.8M