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)

20212020
Total Revenue9.54B9.89B
Gross Profit5.99B6.09B
Operating Income1.8B1.89B
Income Before Tax1.64B1.59B
Net Income1.39B1.15B

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)

20212020
Cash414M334M
Total Assets34.45B 34.13B
Long Term Debt1M-
Total Liabilities7.97B 7.91B
Total Shareholder Equity26.36B26.11B
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)

20212020
Net Income1.39B1.15B
Capital Expenditures-228M-222M
Dividends Paid-1.15B-2.37B
Total Cash From From Investing Activities-33M1.03B
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 202131 Dec 202031 Dec 2019
Total Revenue9.54B9.89B8.48B
Cost Of Revenue3.55B3.8B3.24B
Gross Profit5.99B6.09B5.24B
Research Development256M296M267M
Selling General Administrative3.94B3.91B3.36B
Non Recurring---
Other Operating Expenses---
Total Operating Expenses7.74B8B6.87B
Operating Income1.8B1.89B1.61B
Total Other Income Expense Net-166M-297M-724M
Ebit1.8B1.89B1.61B
Interest Expense-16M-22M-30M
Income Before Tax1.64B1.59B886M
Income Tax Expense197M410M199M
Minority Interest125M111M91M
Net Income From Continuing Ops1.44B1.18B687M
Discontinued Operations---
Extraordinary Items---
Effect Of Accounting Charges---
Other Items---
Net Income1.39B1.15B655M
Net Income Applicable To Common Shares1.39B1.15B655M

Balance Sheet Statement

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

31 Dec 202131 Dec 202031 Dec 2019
Cash414M334M340M
Net Receivables3.83B3.59B3.99B
Inventory951M949M1.21B
Other Current Assets5M74M237M
Total Current Assets5.25B5.01B5.81B
Property Plant Equipment1.66B1.6B1.62B
Good Will8.25B8.27B8.17B
Intangible Assets18.95B18.95B19.84B
Other Assets343M302M267M
Deferred Long Term Asset Charges312M251M254M
Total Assets34.45B34.13B35.71B
Accounts Payable1.58B1.83B1.9B
Other Current Liab1B969M920M
Long Term Debt1M--
Other Liab3.65B3.79B3.91B
Minority Interest125M111M91M
Total Current Liabilities4.24B4.01B4.27B
Total Liab7.97B7.91B8.3B
Common Stock1M1M1M
Retained Earnings37.99B37.76B5.11B
Treasury Stock-11.63B-11.65B1.37B
Other Stockholder Equity-11.63B-11.65B1.37B
Total Stockholder Equity26.36B26.11B27.32B
Net Tangible Assets-840M-1.11B-691M

Cash Flow Statement

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

31 Dec 202131 Dec 202031 Dec 2019
Net Income1.39B1.15B655M
Depreciation214M265M225M
Change To Netincome-150M-58M332M
Change To Account Receivables14M18M-57M
Change To Liabilities41M140M-256M
Change To Inventory-17M130M232M
Change To Operating Activities-190M-273M-380M
Total Cash From Operating Activities1.36B1.41B786M
Capital Expenditures-228M-222M-190M
Investments100M158M219M
Other Cashflows From Investing Activities16M19M24M
Total Cashflows From Investing Activities-33M1.03B291M
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 Cash82M-6M138M
Issuance Of Stock4M4M335M