Imperial Brands PLC (LSE:IMB) Annual Report 2021



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

Amounts in GBP

Total Revenue
16.56B
Gross Profit
6.03B
EBIT
3.08B
Net Tangible Assets
-11.32B
Net Income
2.83B
Capital Expenditures
-200M

IMB Income Statement 2021 Annual Report

As per the latest Income Statement of IMB, the Net revenue decreased by £-38.00M (0%) compared to the previous period. The operating income in 2021 increased by £148.00M (5%). The net income as per the annual report was 2.83B which increased by £1.339B (90%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue16.56B16.6B
Gross Profit6.03B6.2B
Operating Income3.08B2.93B
Income Before Tax3.24B2.17B
Net Income2.83B1.5B

Balance Sheet - IMB 2021 Annual Report

Read further: IMB Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Imperial Brands PLC showed the company reduced the cash on balance sheet by £-339.00M (-21%). The Net tangible assets of IMB on the balance sheet were at -11.32B which is £1.967B (15%) more than previous annual report. The total stockholder equity also increased by £481.00M (10%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash1.29B1.63B
Total Assets29.09B 32.31B
Long Term Debt8.71B10.21B
Total Liabilities23.15B 26.79B
Total Shareholder Equity5.35B4.87B
Net Tangible Assets-11.32B-13.29B

Cash Flow Statement - IMB 2021 Annual Report

The 2021 annual cash flow statement of Imperial Brands PLC showed that the net income increased by £1.339B (90%) compared to previous reporting period. Also the capital expenditure of IMB increased by £102.00M (34%).

As of 2021, the total cash from investing activities was 710M and total cash from financing activities was -3.21B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income2.83B1.5B
Capital Expenditures-200M-302M
Dividends Paid-1.3B-1.75B
Total Cash From From Investing Activities710M-331M
Total Cash From From Financing Activities-3.21B-4.31B

Imperial Brands PLC Annual Report History

Income Statement

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

30 Sep 202130 Sep 202030 Sep 201930 Sep 2018
Total Revenue16.56B16.6B16.2B15.37B
Cost Of Revenue10.53B10.4B10.1B9.36B
Gross Profit6.03B6.2B6.1B6.01B
Research Development----
Selling General Administrative2.21B2.43B2.44B2.14B
Non Recurring----
Other Operating Expenses336M324M199M243M
Total Operating Expenses13.48B13.67B13.57B12.79B
Operating Income3.08B2.93B2.63B2.57B
Total Other Income Expense Net156M-768M-943M-749M
Ebit3.08B2.93B2.63B2.57B
Interest Expense-435M-439M-466M-497M
Income Before Tax3.24B2.17B1.69B1.82B
Income Tax Expense331M608M609M396M
Minority Interest588M647M647M675M
Net Income From Continuing Ops2.91B1.56B1.08B1.43B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income2.83B1.5B1.01B1.37B
Net Income Applicable To Common Shares2.83B1.5B1.01B1.37B

Balance Sheet Statement

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

30 Sep 202130 Sep 202030 Sep 201930 Sep 2018
Cash1.29B1.63B2.29B775M
Net Receivables2.82B2.68B2.9B2.59B
Inventory3.83B4.07B4.08B3.69B
Other Current Assets43M1.07B1.22B9M
Total Current Assets8.21B9.65B10.66B7.25B
Long Term Investments479M930M726M1.31B
Property Plant Equipment1.96B2.19B1.98B1.89B
Good Will11.88B12.54B12.38B12.46B
Intangible Assets4.8B5.62B6.21B6.65B
Other Assets1.77B1.38B1.12B1.28B
Deferred Long Term Asset Charges564M381M370M600M
Total Assets29.09B32.31B33.07B30.85B
Accounts Payable1.02B1.19B1.77B1.2B
Short Long Term Debt1.14B1.47B1.79B867M
Other Current Liab954M1.08B1.04B744M
Long Term Debt8.71B10.21B11.7B9.6B
Other Liab3.43B4.02B3.84B3.57B
Minority Interest588M647M647M675M
Total Current Liabilities10.81B12.32B11.95B11.24B
Total Liab23.15B26.79B27.49B24.4B
Common Stock103M103M103M103M
Retained Earnings-788M-2.36B-2.25B-1.15B
Treasury Stock204M1.3B1.26B984M
Capital Surplus5.83B5.83B5.83B5.83B
Other Stockholder Equity204M1.3B1.26B984M
Total Stockholder Equity5.35B4.87B4.94B5.77B
Net Tangible Assets-11.32B-13.29B-13.66B-13.35B

Cash Flow Statement

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

30 Sep 202130 Sep 202030 Sep 201930 Sep 2018
Net Income2.83B1.5B1.01B1.37B
Depreciation645M798M974M1.23B
Change To Netincome-685M662M1.17B465M
Change To Account Receivables-201M241M-267M-35M
Change To Liabilities-533M734M877M136M
Change To Inventory70M67M-560M-112M
Total Cash From Operating Activities2.17B4.03B3.24B3.09B
Capital Expenditures-200M-302M-409M-327M
Other Cashflows From Investing Activities15M9M19M10M
Total Cashflows From Investing Activities710M-331M-425M-230M
Dividends Paid-1.3B-1.75B-1.84B-1.68B
Net Borrowings-1.44B-1.93B1.37B-642M
Other Cashflows From Financing Activities-467M-537M-689M-297M
Total Cash From Financing Activities-3.21B-4.31B-1.27B-2.65B
Effect Of Exchange Rate-9M13M-15M-52M
Change In Cash-339M-660M1.51B151M