InterContinental Hotels Group PLC (LSE:IHG) Annual Report 2021



The latest annual report of InterContinental Hotels Group PLC (IHG) 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 - IHG Annual Results

Amounts in USD

Total Revenue
2.32B
Gross Profit
1.04B
EBIT
503M
Net Tangible Assets
-2.68B
Net Income
266M
Capital Expenditures
-17M

IHG Income Statement 2021 Annual Report

As per the latest Income Statement of IHG, the Net revenue increased by $561.00M (32%) compared to the previous period. The operating income in 2021 increased by $323.00M (179%). The net income as per the annual report was 266M which increased by $526.00M (202%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 2.32B 1.76B
Gross Profit 1.04B 672M
Operating Income 503M 180M
Income Before Tax 361M -280M
Net Income 266M -260M

Balance Sheet - IHG 2021 Annual Report

Read further: IHG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of InterContinental Hotels Group PLC showed the company reduced the cash on balance sheet by $-225.00M (-13%). The Net tangible assets of IHG on the balance sheet were at -2.68B which is $474.00M (15%) more than previous annual report. The total stockholder equity also increased by $376.00M (20%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 1.45B 1.68B
Total Assets 4.72B 5.04B
Long Term Debt 2.62B 2.92B
Total Liabilities 6.19B 6.89B
Total Shareholder Equity -1.48B -1.86B
Net Tangible Assets -2.68B -3.15B

Cash Flow Statement - IHG 2021 Annual Report

The 2021 annual cash flow statement of InterContinental Hotels Group PLC showed that the net income increased by $526.00M (202%) compared to previous reporting period. Also the capital expenditure of IHG increased by $10.00M (37%).

As of 2021, the total cash from investing activities was -12M and total cash from financing activities was -860M.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 266M -260M
Capital Expenditures -17M -27M
Dividends Paid - -
Total Cash From From Investing Activities -12M -61M
Total Cash From From Financing Activities -860M 1.35B

InterContinental Hotels Group PLC Annual Report History

Income Statement

Income Statement history of InterContinental Hotels Group PLC (LSE:IHG)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 2.32B 1.76B 3.46B 3.17B
Cost Of Revenue 1.28B 1.08B 1.72B 1.58B
Gross Profit 1.04B 672M 1.74B 1.59B
Research Development - - - -
Selling General Administrative 447M 346M 791M 738M
Non Recurring - - - -
Other Operating Expenses -11M 36M -3M -14M
Total Operating Expenses 1.81B 1.58B 2.62B 2.42B
Operating Income 503M 180M 837M 751M
Total Other Income Expense Net -142M -460M -295M -269M
Ebit 503M 180M 837M 751M
Interest Expense -138M -124M -114M -95M
Income Before Tax 361M -280M 542M 482M
Income Tax Expense 96M -20M 156M 132M
Minority Interest 7M 8M 8M 8M
Net Income From Continuing Ops 265M -260M 386M 350M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 266M -260M 385M 349M
Net Income Applicable To Common Shares 266M -260M 385M 349M

Balance Sheet Statement

Balance Sheet Statement history of InterContinental Hotels Group PLC (LSE:IHG)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 1.45B 1.68B 195M 704M
Short Term Investments 2M 1M 4M 1M
Net Receivables 532M 481M 591M 657M
Inventory 4M 5M 6M 5M
Other Current Assets 5M 5M 25M 6M
Total Current Assets 2.07B 2.24B 935M 1.37B
Long Term Investments 250M 249M 394M 364M
Property Plant Equipment 411M 504M 799M 786M
Good Will 341M 346M 339M 313M
Intangible Assets 854M 947M 1.04B 830M
Other Assets 794M 750M 690M 619M
Deferred Long Term Asset Charges 147M 113M 66M 63M
Total Assets 4.72B 5.04B 4.19B 4.29B
Accounts Payable 109M 80M 90M 616M
Other Current Liab 837M 657M 743M 632M
Long Term Debt 2.62B 2.92B 2.1B 1.91B
Other Liab 1.57B 1.69B 1.6B 1.48B
Deferred Long Term Liab 72M 70M 67M 55M
Minority Interest 7M 8M 8M 8M
Total Current Liabilities 1.62B 1.87B 1.36B 1.41B
Total Liab 6.19B 6.89B 5.66B 5.42B
Common Stock 53M 53M 52M 50M
Retained Earnings 904M 568M 809M 1.11B
Treasury Stock -2.54B -2.58B -2.43B -2.4B
Capital Surplus 101M 103M 99M 96M
Other Stockholder Equity -2.54B -2.58B -2.43B -2.4B
Total Stockholder Equity -1.48B -1.86B -1.47B -1.14B
Net Tangible Assets -2.68B -3.15B -2.85B -2.28B

Cash Flow Statement

Cash Flow Statement history of InterContinental Hotels Group PLC (LSE:IHG)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 266M -260M 385M 349M
Depreciation 68M 74M 116M 91M
Change To Netincome 127M 289M 208M 90M
Change To Account Receivables -75M 38M -70M -43M
Change To Liabilities 227M -43M 15M 152M
Change To Inventory 1M 1M 1M 1M
Change To Operating Activities -8M 2M -1M -3M
Total Cash From Operating Activities 636M 137M 653M 709M
Capital Expenditures -17M -27M -80M -51M
Investments 9M 15M -15M 6M
Total Cashflows From Investing Activities -12M -61M -493M -197M
Net Borrowings -860M 1.35B 68M 251M
Total Cash From Financing Activities -860M 1.35B -660M 51M
Effect Of Exchange Rate 3M 86M 8M -21M
Change In Cash -233M 1.52B -492M 542M
Dividends Paid - - -211M -199M