Intermediate Capital Group plc (LSE:ICP) Annual Report 2022



The latest annual report of Intermediate Capital Group plc (ICP) 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 - ICP Annual Results

Amounts in GBP

Total Revenue
934.7M
Gross Profit
934.7M
EBIT
-
Net Tangible Assets
1.93B
Net Income
526.8M
Capital Expenditures
-3.5M

ICP Income Statement 2022 Annual Report

As per the latest Income Statement of ICP, the Net revenue increased by £159.00M (20%) compared to the previous period. The operating income in 2022 increased by £56.60M (11%). The net income as per the annual report was 526.8M which increased by £69.70M (15%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue934.7M775.7M
Gross Profit934.7M775.7M
Operating Income565.9M509.3M
Income Before Tax556.2M509.5M
Net Income526.8M457.1M

Balance Sheet - ICP 2022 Annual Report

Read further: ICP Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Intermediate Capital Group plc showed the company increased the cash on balance sheet by £410.60M (71%). The Net tangible assets of ICP on the balance sheet were at 1.93B which is £333.90M (21%) more than previous annual report. The total stockholder equity also increased by £329.50M (20%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash991.8M581.2M
Total Assets8.87B 7.46B
Long Term Debt1.46B1.24B
Total Liabilities6.87B 5.84B
Total Shareholder Equity1.95B1.62B
Net Tangible Assets1.93B1.6B

Cash Flow Statement - ICP 2022 Annual Report

The 2022 annual cash flow statement of Intermediate Capital Group plc showed that the net income increased by £69.70M (15%) compared to previous reporting period. Also the capital expenditure of ICP increased by £3.40M (49%).

As of 2022, the total cash from investing activities was 45.5M and total cash from financing activities was 111.3M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income526.8M457.1M
Capital Expenditures-3.5M-6.9M
Dividends Paid-165.7M-150.9M
Total Cash From From Investing Activities45.5M64.7M
Total Cash From From Financing Activities111.3M-653.3M

Intermediate Capital Group plc Annual Report History

Income Statement

Income Statement history of Intermediate Capital Group plc (LSE:ICP)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue934.7M775.7M360M414.3M
Cost Of Revenue----
Gross Profit934.7M775.7M360M414.3M
Research Development----
Selling General Administrative345M247.6M231.1M227.9M
Non Recurring----
Other Operating Expenses5.7M3.3M40.7M17.7M
Total Operating Expenses368.8M266.4M282.1M245.6M
Operating Income565.9M509.3M77.9M168.7M
Total Other Income Expense Net-9.7M200k36.6M14.2M
Ebit----
Interest Expense----
Income Before Tax556.2M509.5M114.5M182.9M
Income Tax Expense31.1M48.5M3.9M-1.6M
Minority Interest55.1M5M1.5M10.9M
Net Income From Continuing Ops525.1M461M110.6M184.5M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income526.8M457.1M108.9M180.1M
Net Income Applicable To Common Shares526.8M457.1M108.9M180.1M

Balance Sheet Statement

Balance Sheet Statement history of Intermediate Capital Group plc (LSE:ICP)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash991.8M581.2M1.09B354M
Net Receivables312.2M211M195.6M230.6M
Other Current Assets259.5M66M12.4M112M
Total Current Assets1.7B967.7M1.42B748.2M
Long Term Investments6.98B6.33B5.52B5.73B
Property Plant Equipment60.4M67M13.4M12.6M
Good Will4.3M4.3M4.3M4.3M
Intangible Assets12.8M17.2M22.4M11.1M
Other Assets117.6M73.4M35.8M12.8M
Deferred Long Term Asset Charges25M8.8M3.2M12.8M
Total Assets8.87B7.46B7.02B6.52B
Accounts Payable432.1M426M284.8M2.3M
Short Long Term Debt354.5M180.7M318.5M14.1M
Other Current Liab111.7M8.8M7.3M281.2M
Long Term Debt1.46B1.24B1.71B1.23B
Other Liab4.46B3.93B3.38B3.45B
Minority Interest55.1M5M1.5M10.9M
Total Current Liabilities907.1M620.5M615M444.6M
Total Liab6.87B5.84B5.71B5.12B
Common Stock77.3M77.2M77.2M77.2M
Retained Earnings1.69B1.36B1.08B1.13B
Treasury Stock200k-2.9M-28.3M-3.5M
Capital Surplus180.3M180.2M179.9M179.5M
Other Stockholder Equity93.2M79.3M86.1M89.3M
Total Stockholder Equity1.95B1.62B1.31B1.38B
Net Tangible Assets1.93B1.6B1.28B1.37B

Cash Flow Statement

Cash Flow Statement history of Intermediate Capital Group plc (LSE:ICP)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income526.8M457.1M108.9M180.1M
Depreciation12M10.1M6.5M5.9M
Change To Netincome-241.6M-413.5M158.4M-214.1M
Change To Liabilities-27.4M87.2M-8.4M-
Change To Operating Activities-32.5M-35.4M-35.4M-35.4M
Total Cash From Operating Activities243.4M111M300.9M-28.1M
Capital Expenditures-3.5M-6.9M-4M-5.2M
Other Cashflows From Investing Activities22.4M40.6M-26.9M-26.9M
Total Cashflows From Investing Activities45.5M64.7M-74M7.7M
Dividends Paid-165.7M-150.9M-142.8M-88.3M
Net Borrowings297.9M-502.4M654.3M185.9M
Total Cash From Financing Activities111.3M-653.3M471.2M-133.1M
Effect Of Exchange Rate10.4M-28.1M34.8M-13.2M
Change In Cash410.6M-505.7M732.9M-166.7M
Repurchase Of Stock-20.9M-20.9M-40.3M-49.3M