JD Sports Fashion plc (LSE:JD) Annual Report 2022



The latest annual report of JD Sports Fashion plc (JD) was published on 29 Jan 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 - JD Annual Results

Amounts in GBP

Total Revenue
8.56B
Gross Profit
4.21B
EBIT
1.02B
Net Tangible Assets
452.4M
Net Income
369.7M
Capital Expenditures
-217.5M

JD Income Statement 2022 Annual Report

As per the latest Income Statement of JD, the Net revenue increased by £2.3957B (39%) compared to the previous period. The operating income in 2022 increased by £535.30M (110%). The net income as per the annual report was 369.7M which increased by £145.40M (65%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue8.56B6.17B
Gross Profit4.21B2.96B
Operating Income1.02B486.3M
Income Before Tax654.7M324M
Net Income369.7M224.3M

Balance Sheet - JD 2022 Annual Report

Read further: JD Balance Sheet Detailed Analysis

The latest balance sheet from annual result of JD Sports Fashion plc showed the company increased the cash on balance sheet by £349.60M (36%). The Net tangible assets of JD on the balance sheet were at 452.4M which is £33.40M (8%) more than previous annual report. The total stockholder equity also increased by £687.30M (55%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash1.31B964.4M
Total Assets7.07B 5.16B
Long Term Debt55.5M48.1M
Total Liabilities4.73B 3.67B
Total Shareholder Equity1.93B1.24B
Net Tangible Assets452.4M419M

Cash Flow Statement - JD 2022 Annual Report

The 2022 annual cash flow statement of JD Sports Fashion plc showed that the net income increased by £145.40M (65%) compared to previous reporting period. Also the capital expenditure of JD decreased by £-116.40M (-115%).

As of 2022, the total cash from investing activities was -848.1M and total cash from financing activities was -83.6M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income369.7M224.3M
Capital Expenditures-217.5M-101.1M
Dividends Paid-14.9M-14.9M
Total Cash From From Investing Activities-848.1M-330M
Total Cash From From Financing Activities-83.6M-243.1M

JD Sports Fashion plc Annual Report History

Income Statement

Income Statement history of JD Sports Fashion plc (LSE:JD)

29 Jan 202230 Jan 202101 Feb 202002 Feb 2019
Total Revenue8.56B6.17B6.11B4.72B
Cost Of Revenue4.36B3.21B3.24B2.47B
Gross Profit4.21B2.96B2.87B2.24B
Research Development----
Selling General Administrative3.2B2.49B2.36B1.89B
Non Recurring----
Other Operating Expenses-16.6M-13.1M-5.2M-4.7M
Total Operating Expenses7.54B5.68B5.59B4.36B
Operating Income1.02B486.3M524.3M361.5M
Total Other Income Expense Net-366.9M-162.3M-175.8M-21.6M
Ebit1.02B486.3M524.3M361.5M
Interest Expense-67.9M-62.5M-79.8M-7.5M
Income Before Tax654.7M324M348.5M339.9M
Income Tax Expense195.1M94.8M97.8M75.7M
Minority Interest413.6M257.7M70M68M
Net Income From Continuing Ops459.6M229.2M250.7M264.2M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income369.7M224.3M246.1M261.8M
Net Income Applicable To Common Shares369.7M224.3M246.1M261.8M

Balance Sheet Statement

Balance Sheet Statement history of JD Sports Fashion plc (LSE:JD)

29 Jan 202230 Jan 202101 Feb 202002 Feb 2019
Cash1.31B964.4M465.9M251.2M
Net Receivables90.9M72.2M81.6M82.3M
Inventory989.4M813.7M811.8M763.8M
Other Current Assets169.6M---
Total Current Assets2.68B1.92B1.46B1.19B
Long Term Investments56.2M2.7M2.6M100k
Property Plant Equipment2.72B2.32B2.42B539.8M
Good Will1.06B578.3M209.4M214.3M
Intangible Assets410.3M241.4M204.3M180M
Other Assets141.2M103.8M47.9M79.1M
Deferred Long Term Asset Charges81.7M40.6M--
Total Assets7.07B5.16B4.35B2.21B
Accounts Payable526.6M514.2M426.6M366.9M
Short Long Term Debt39M105.2M14.8M18.1M
Other Current Liab777.8M493.2M413.8M396.6M
Long Term Debt55.5M48.1M15.6M56.3M
Other Liab922.7M434.5M93M166M
Minority Interest413.6M257.7M70M68M
Total Current Liabilities1.89B1.55B1.24B900.5M
Total Liab4.73B3.67B3.06B1.13B
Common Stock2.5M2.4M2.4M2.4M
Retained Earnings1.91B1.56B1.25B1.02B
Treasury Stock-454.6M-336.2M-40.6M-21.6M
Capital Surplus467.5M11.7M11.7M11.7M
Other Stockholder Equity-454.6M-336.2M-40.6M-21.6M
Total Stockholder Equity1.93B1.24B1.22B1.01B
Net Tangible Assets452.4M419M805.5M614.5M

Cash Flow Statement

Cash Flow Statement history of JD Sports Fashion plc (LSE:JD)

29 Jan 202230 Jan 202101 Feb 202002 Feb 2019
Net Income369.7M224.3M246.1M261.8M
Depreciation550.7M461.8M427.5M100.4M
Change To Netincome352.1M97.6M121.6M32.9M
Change To Account Receivables-69.3M46.2M-13M-22.5M
Change To Liabilities75M149.5M58.1M21.2M
Change To Inventory-31.8M63.5M-9.5M-26.2M
Total Cash From Operating Activities1.27B1.06B854M377.6M
Capital Expenditures-217.5M-101.1M-146.6M-172.6M
Other Cashflows From Investing Activities15.8M4.4M-2M-2.9M
Total Cashflows From Investing Activities-848.1M-330M-261.7M-550.8M
Dividends Paid-14.9M-14.9M-16.7M-15.9M
Net Borrowings-565.8M-237M-353.4M86.4M
Other Cashflows From Financing Activities41.2M-6.1M-1.3M5.7M
Total Cash From Financing Activities-83.6M-243.1M-371.4M76.2M
Effect Of Exchange Rate-3.5M200k1.7M100k
Change In Cash331.7M488.4M222.6M-96.9M
Issuance Of Stock455.9M455.9M455.9M455.9M