Haleon plc (LSE:HLN) Annual Report 2021



The latest annual report of Haleon plc (HLN) 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 - HLN Annual Results

Amounts in GBP

Total Revenue
9.54B
Gross Profit
5.99B
EBIT
1.8B
Net Tangible Assets
-840M
Net Income
1.39B
Capital Expenditures
-228M

HLN Income Statement 2021 Annual Report

As per the latest Income Statement of HLN, the Net revenue decreased by £-347.00M (-4%) compared to the previous period. The operating income in 2021 decreased by £-86.00M (-5%). The net income as per the annual report was 1.39B which increased by £245.00M (21%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 9.54B 9.89B
Gross Profit 5.99B 6.09B
Operating Income 1.8B 1.89B
Income Before Tax 1.64B 1.59B
Net Income 1.39B 1.15B

Balance Sheet - HLN 2021 Annual Report

Read further: HLN Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Haleon plc showed the company increased the cash on balance sheet by £80.00M (24%). The Net tangible assets of HLN on the balance sheet were at -840M which is £266.00M (24%) more than previous annual report. The total stockholder equity also increased by £243.00M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 414M 334M
Total Assets 34.45B 34.13B
Long Term Debt 1M -
Total Liabilities 7.97B 7.91B
Total Shareholder Equity 26.36B 26.11B
Net Tangible Assets -840M -1.11B

Cash Flow Statement - HLN 2021 Annual Report

The 2021 annual cash flow statement of Haleon plc showed that the net income increased by £245.00M (21%) compared to previous reporting period. Also the capital expenditure of HLN decreased by £-6.00M (-3%).

As of 2021, the total cash from investing activities was -33M and total cash from financing activities was -1.24B.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 1.39B 1.15B
Capital Expenditures -228M -222M
Dividends Paid -1.15B -2.37B
Total Cash From From Investing Activities -33M 1.03B
Total Cash From From Financing Activities -1.24B -2.44B

Haleon plc Annual Report History

Income Statement

Income Statement history of Haleon plc (LSE:HLN)

31 Dec 2021 31 Dec 2020 31 Dec 2019
Total Revenue 9.54B 9.89B 8.48B
Cost Of Revenue 3.55B 3.8B 3.24B
Gross Profit 5.99B 6.09B 5.24B
Research Development 256M 296M 267M
Selling General Administrative 3.94B 3.91B 3.36B
Non Recurring - - -
Other Operating Expenses - - -
Total Operating Expenses 7.74B 8B 6.87B
Operating Income 1.8B 1.89B 1.61B
Total Other Income Expense Net -166M -297M -724M
Ebit 1.8B 1.89B 1.61B
Interest Expense -16M -22M -30M
Income Before Tax 1.64B 1.59B 886M
Income Tax Expense 197M 410M 199M
Minority Interest 125M 111M 91M
Net Income From Continuing Ops 1.44B 1.18B 687M
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Charges - - -
Other Items - - -
Net Income 1.39B 1.15B 655M
Net Income Applicable To Common Shares 1.39B 1.15B 655M

Balance Sheet Statement

Balance Sheet Statement history of Haleon plc (LSE:HLN)

31 Dec 2021 31 Dec 2020 31 Dec 2019
Cash 414M 334M 340M
Net Receivables 3.83B 3.59B 3.99B
Inventory 951M 949M 1.21B
Other Current Assets 5M 74M 237M
Total Current Assets 5.25B 5.01B 5.81B
Property Plant Equipment 1.66B 1.6B 1.62B
Good Will 8.25B 8.27B 8.17B
Intangible Assets 18.95B 18.95B 19.84B
Other Assets 343M 302M 267M
Deferred Long Term Asset Charges 312M 251M 254M
Total Assets 34.45B 34.13B 35.71B
Accounts Payable 1.58B 1.83B 1.9B
Other Current Liab 1B 969M 920M
Long Term Debt 1M - -
Other Liab 3.65B 3.79B 3.91B
Minority Interest 125M 111M 91M
Total Current Liabilities 4.24B 4.01B 4.27B
Total Liab 7.97B 7.91B 8.3B
Common Stock 1M 1M 1M
Retained Earnings 37.99B 37.76B 5.11B
Treasury Stock -11.63B -11.65B 1.37B
Other Stockholder Equity -11.63B -11.65B 1.37B
Total Stockholder Equity 26.36B 26.11B 27.32B
Net Tangible Assets -840M -1.11B -691M

Cash Flow Statement

Cash Flow Statement history of Haleon plc (LSE:HLN)

31 Dec 2021 31 Dec 2020 31 Dec 2019
Net Income 1.39B 1.15B 655M
Depreciation 214M 265M 225M
Change To Netincome -150M -58M 332M
Change To Account Receivables 14M 18M -57M
Change To Liabilities 41M 140M -256M
Change To Inventory -17M 130M 232M
Change To Operating Activities -190M -273M -380M
Total Cash From Operating Activities 1.36B 1.41B 786M
Capital Expenditures -228M -222M -190M
Investments 100M 158M 219M
Other Cashflows From Investing Activities 16M 19M 24M
Total Cashflows From Investing Activities -33M 1.03B 291M
Dividends Paid -1.15B -2.37B -1.15B
Net Borrowings -30M -16M -41M
Other Cashflows From Financing Activities -62M -50M -67M
Total Cash From Financing Activities -1.24B -2.44B -925M
Effect Of Exchange Rate -5M -6M -14M
Change In Cash 82M -6M 138M
Issuance Of Stock 4M 4M 335M