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)

20212020
Total Revenue2.32B1.76B
Gross Profit1.04B672M
Operating Income503M180M
Income Before Tax361M-280M
Net Income266M-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)

20212020
Cash1.45B1.68B
Total Assets4.72B 5.04B
Long Term Debt2.62B2.92B
Total Liabilities6.19B 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)

20212020
Net Income266M-260M
Capital Expenditures-17M-27M
Dividends Paid--
Total Cash From From Investing Activities-12M-61M
Total Cash From From Financing Activities-860M1.35B

InterContinental Hotels Group PLC Annual Report History

Income Statement

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

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue2.32B1.76B3.46B3.17B
Cost Of Revenue1.28B1.08B1.72B1.58B
Gross Profit1.04B672M1.74B1.59B
Research Development----
Selling General Administrative447M346M791M738M
Non Recurring----
Other Operating Expenses-11M36M-3M-14M
Total Operating Expenses1.81B1.58B2.62B2.42B
Operating Income503M180M837M751M
Total Other Income Expense Net-142M-460M-295M-269M
Ebit503M180M837M751M
Interest Expense-138M-124M-114M-95M
Income Before Tax361M-280M542M482M
Income Tax Expense96M-20M156M132M
Minority Interest7M8M8M8M
Net Income From Continuing Ops265M-260M386M350M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income266M-260M385M349M
Net Income Applicable To Common Shares266M-260M385M349M

Balance Sheet Statement

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

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash1.45B1.68B195M704M
Short Term Investments2M1M4M1M
Net Receivables532M481M591M657M
Inventory4M5M6M5M
Other Current Assets5M5M25M6M
Total Current Assets2.07B2.24B935M1.37B
Long Term Investments250M249M394M364M
Property Plant Equipment411M504M799M786M
Good Will341M346M339M313M
Intangible Assets854M947M1.04B830M
Other Assets794M750M690M619M
Deferred Long Term Asset Charges147M113M66M63M
Total Assets4.72B5.04B4.19B4.29B
Accounts Payable109M80M90M616M
Other Current Liab837M657M743M632M
Long Term Debt2.62B2.92B2.1B1.91B
Other Liab1.57B1.69B1.6B1.48B
Deferred Long Term Liab72M70M67M55M
Minority Interest7M8M8M8M
Total Current Liabilities1.62B1.87B1.36B1.41B
Total Liab6.19B6.89B5.66B5.42B
Common Stock53M53M52M50M
Retained Earnings904M568M809M1.11B
Treasury Stock-2.54B-2.58B-2.43B-2.4B
Capital Surplus101M103M99M96M
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 202131 Dec 202031 Dec 201931 Dec 2018
Net Income266M-260M385M349M
Depreciation68M74M116M91M
Change To Netincome127M289M208M90M
Change To Account Receivables-75M38M-70M-43M
Change To Liabilities227M-43M15M152M
Change To Inventory1M1M1M1M
Change To Operating Activities-8M2M-1M-3M
Total Cash From Operating Activities636M137M653M709M
Capital Expenditures-17M-27M-80M-51M
Investments9M15M-15M6M
Total Cashflows From Investing Activities-12M-61M-493M-197M
Net Borrowings-860M1.35B68M251M
Total Cash From Financing Activities-860M1.35B-660M51M
Effect Of Exchange Rate3M86M8M-21M
Change In Cash-233M1.52B-492M542M
Dividends Paid---211M-199M