Intermediate Capital Group plc (LSE:ICP) Annual Report 2021

The latest annual report of Intermediate Capital Group plc (ICP) was published on 31 Mar 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 - ICP Annual Results

Amounts in GBP

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

ICP Income Statement 2021 Annual Report

As per the latest Income Statement of ICP, the Net revenue increased by £415.70M (115%) compared to the previous period. The operating income in 2021 increased by £506.60M (650%). The net income as per the annual report was 457.1M which increased by £348.20M (320%) compared to previous year.

Income Statement Report (2021/2020)

Total Revenue775.7M360M
Gross Profit775.7M360M
Operating Income584.5M77.9M
Income Before Tax509.5M114.5M
Net Income457.1M108.9M

Balance Sheet - ICP 2021 Annual Report

Read further: ICP Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Intermediate Capital Group plc showed the company reduced the cash on balance sheet by £-505.70M (-47%). The Net tangible assets of ICP on the balance sheet were at 1.6B which is £313.20M (24%) more than previous annual report. The total stockholder equity also increased by £308.00M (24%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

Total Assets7.46B 7.02B
Long Term Debt1.24B1.71B
Total Liabilities5.84B 5.71B
Total Shareholder Equity1.62B1.31B
Net Tangible Assets1.6B1.28B

Cash Flow Statement - ICP 2021 Annual Report

The 2021 annual cash flow statement of Intermediate Capital Group plc showed that the net income increased by £348.20M (320%) compared to previous reporting period. Also the capital expenditure of ICP decreased by £-2.90M (-72%).

As of 2021, the total cash from investing activities was 64.7M and total cash from financing activities was -653.3M.

Cash Flow Statement Report (2021/2020)

Net Income457.1M108.9M
Capital Expenditures-6.9M-4M
Dividends Paid-150.9M-142.8M
Total Cash From From Investing Activities64.7M-74M
Total Cash From From Financing Activities-653.3M471.2M

Intermediate Capital Group plc Annual Report History

Income Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue775.7M360M414.3M425.7M
Cost Of Revenue----
Gross Profit775.7M360M414.3M425.7M
Research Development----
Selling General Administrative247.6M231.1M227.9M216M
Non Recurring----
Other Operating Expenses-71.9M40.7M17.7M-14.7M
Total Operating Expenses191.2M282.1M245.6M201.3M
Operating Income584.5M77.9M168.7M224.4M
Total Other Income Expense Net-75M36.6M14.2M-25.3M
Interest Expense----
Income Before Tax509.5M114.5M182.9M199.1M
Income Tax Expense48.5M3.9M-1.6M-51.7M
Minority Interest5M1.5M10.9M500k
Net Income From Continuing Ops461M110.6M184.5M250.8M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income457.1M108.9M180.1M251M
Net Income Applicable To Common Shares457.1M108.9M180.1M251M

Balance Sheet Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Receivables211M195.6M230.6M470.2M
Other Current Assets71.9M12.4M112M26.4M
Total Current Assets973.6M1.42B748.2M1.1B
Long Term Investments6.33B5.52B5.73B5.18B
Property Plant Equipment67M13.4M12.6M10.5M
Good Will4.3M4.3M4.3M4.3M
Intangible Assets17.2M22.4M11.1M13.7M
Other Assets67.5M35.8M12.8M-
Deferred Long Term Asset Charges2.9M3.2M12.8M-
Total Assets7.46B7.02B6.52B6.31B
Accounts Payable426M284.8M2.3M2M
Short Long Term Debt180.7M318.5M14.1M185.2M
Other Current Liab8.8M7.3M281.2M393.5M
Long Term Debt1.24B1.71B1.23B917.3M
Other Liab3.93B3.38B3.45B3.32B
Minority Interest5M1.5M10.9M500k
Total Current Liabilities620.5M615M444.6M751.8M
Total Liab5.84B5.71B5.12B4.99B
Common Stock77.2M77.2M77.2M77.2M
Retained Earnings1.36B1.08B1.13B1.05B
Treasury Stock-2.9M-28.3M-3.5M6.2M
Capital Surplus180.2M179.9M179.5M179.4M
Other Stockholder Equity79.3M86.1M89.3M83.8M
Total Stockholder Equity1.62B1.31B1.38B1.32B
Net Tangible Assets1.6B1.28B1.37B1.3B

Cash Flow Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income457.1M108.9M180.1M251M
Change To Netincome-413.5M158.4M-214.1M-603M
Change To Account Receivables-35.4M31.7M31.7M31.7M
Change To Liabilities87.2M-8.4M--
Total Cash From Operating Activities111M300.9M-28.1M-346.3M
Capital Expenditures-6.9M-4M-5.2M-4.2M
Other Cashflows From Investing Activities40.6M-26.9M-26.9M-26.9M
Total Cashflows From Investing Activities64.7M-74M7.7M-4.2M
Dividends Paid-150.9M-142.8M-88.3M-80.7M
Net Borrowings-502.4M654.3M185.9M369.4M
Total Cash From Financing Activities-653.3M471.2M-133.1M74.6M
Effect Of Exchange Rate-28.1M34.8M-13.2M15.7M
Change In Cash-505.7M732.9M-166.7M-260.2M