Imperial Brands PLC (LSE:IMB) Annual Report 2022



The latest annual report of Imperial Brands PLC (IMB) was published on 30 Sep 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 - IMB Annual Results

Amounts in GBP

Total Revenue
16.91B
Gross Profit
6.04B
EBIT
3.21B
Net Tangible Assets
-10.92B
Net Income
1.57B
Capital Expenditures
-230M

IMB Income Statement 2022 Annual Report

As per the latest Income Statement of IMB, the Net revenue increased by £345.00M (2%) compared to the previous period. The operating income in 2022 increased by £131.00M (4%). The net income as per the annual report was 1.57B which decreased by £-1.264B (-45%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 16.91B 16.56B
Gross Profit 6.04B 6.03B
Operating Income 3.21B 3.08B
Income Before Tax 2.55B 3.24B
Net Income 1.57B 2.83B

Balance Sheet - IMB 2022 Annual Report

Read further: IMB Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Imperial Brands PLC showed the company increased the cash on balance sheet by £563.00M (44%). The Net tangible assets of IMB on the balance sheet were at -10.92B which is £405.00M (4%) more than previous annual report. The total stockholder equity also increased by £1.508B (28%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 1.85B 1.29B
Total Assets 30.96B 29.09B
Long Term Debt 9B 8.71B
Total Liabilities 23.48B 23.15B
Total Shareholder Equity 6.86B 5.35B
Net Tangible Assets -10.92B -11.32B

Cash Flow Statement - IMB 2022 Annual Report

The 2022 annual cash flow statement of Imperial Brands PLC showed that the net income decreased by £-1.264B (-45%) compared to previous reporting period. Also the capital expenditure of IMB decreased by £-30.00M (-15%).

As of 2022, the total cash from investing activities was -155M and total cash from financing activities was -2.52B.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 1.57B 2.83B
Capital Expenditures -230M -200M
Dividends Paid -1.32B -1.3B
Total Cash From From Investing Activities -155M 710M
Total Cash From From Financing Activities -2.52B -3.21B

Imperial Brands PLC Annual Report History

Income Statement

Income Statement history of Imperial Brands PLC (LSE:IMB)

30 Sep 2022 30 Sep 2021 30 Sep 2020 30 Sep 2019
Total Revenue 16.91B 16.56B 16.6B 16.2B
Cost Of Revenue 10.87B 10.53B 10.4B 10.1B
Gross Profit 6.04B 6.03B 6.2B 6.1B
Research Development - - - -
Selling General Administrative 2.83B 2.21B 2.43B 2.44B
Non Recurring - - - -
Other Operating Expenses - 336M 324M 199M
Total Operating Expenses 13.69B 13.48B 13.67B 13.57B
Operating Income 3.21B 3.08B 2.93B 2.63B
Total Other Income Expense Net -662M 156M -768M -943M
Ebit 3.21B 3.08B 2.93B 2.63B
Interest Expense -335M -435M -439M -466M
Income Before Tax 2.55B 3.24B 2.17B 1.69B
Income Tax Expense 886M 331M 608M 609M
Minority Interest 613M 588M 647M 647M
Net Income From Continuing Ops 1.67B 2.91B 1.56B 1.08B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 1.57B 2.83B 1.5B 1.01B
Net Income Applicable To Common Shares 1.57B 2.83B 1.5B 1.01B

Balance Sheet Statement

Balance Sheet Statement history of Imperial Brands PLC (LSE:IMB)

30 Sep 2022 30 Sep 2021 30 Sep 2020 30 Sep 2019
Cash 1.85B 1.29B 1.63B 2.29B
Net Receivables 2.72B 2.82B 2.68B 2.9B
Inventory 4.14B 3.83B 4.07B 4.08B
Other Current Assets 48M 43M 1.07B 1.22B
Total Current Assets 8.92B 8.21B 9.65B 10.66B
Long Term Investments 736M 479M 930M 726M
Property Plant Equipment 1.89B 1.96B 2.19B 1.98B
Good Will 12.64B 11.88B 12.54B 12.38B
Intangible Assets 5.14B 4.8B 5.62B 6.21B
Other Assets 1.64B 1.77B 1.38B 1.12B
Deferred Long Term Asset Charges 439M 564M 381M 370M
Total Assets 30.96B 29.09B 32.31B 33.07B
Accounts Payable 1.34B 1.02B 1.19B 1.77B
Short Long Term Debt 1.05B 1.14B 1.47B 1.79B
Other Current Liab 1.03B 954M 1.08B 1.04B
Long Term Debt 9B 8.71B 10.21B 11.7B
Other Liab 3.16B 3.43B 4.02B 3.84B
Minority Interest 613M 588M 647M 647M
Total Current Liabilities 11.14B 10.81B 12.32B 11.95B
Total Liab 23.48B 23.15B 26.79B 27.49B
Common Stock 103M 103M 103M 103M
Retained Earnings -443M -788M -2.36B -2.25B
Treasury Stock 1.36B 204M 1.3B 1.26B
Capital Surplus 5.84B 5.83B 5.83B 5.83B
Other Stockholder Equity 1.36B 204M 1.3B 1.26B
Total Stockholder Equity 6.86B 5.35B 4.87B 4.94B
Net Tangible Assets -10.92B -11.32B -13.29B -13.66B

Cash Flow Statement

Cash Flow Statement history of Imperial Brands PLC (LSE:IMB)

30 Sep 2022 30 Sep 2021 30 Sep 2020 30 Sep 2019
Net Income 1.57B 2.83B 1.5B 1.01B
Depreciation 539M 645M 798M 974M
Change To Netincome 1B -685M 662M 1.17B
Change To Account Receivables 89M -201M 241M -267M
Change To Liabilities 146M -533M 734M 877M
Change To Inventory -195M 70M 67M -560M
Total Cash From Operating Activities 3.19B 2.17B 4.03B 3.24B
Capital Expenditures -230M -200M -302M -409M
Other Cashflows From Investing Activities 8M 15M 9M 19M
Total Cashflows From Investing Activities -155M 710M -331M -425M
Dividends Paid -1.32B -1.3B -1.75B -1.84B
Net Borrowings -834M -1.44B -1.93B 1.37B
Other Cashflows From Financing Activities -361M -467M -537M -689M
Total Cash From Financing Activities -2.52B -3.21B -4.31B -1.27B
Effect Of Exchange Rate 48M -9M 13M -15M
Change In Cash 563M -339M -660M 1.51B
Repurchase Of Stock -1M -1M -92M -108M