JD Sports Fashion plc (LSE:JD) Annual Report 2021



The latest annual report of JD Sports Fashion plc (JD) was published on 30 Jan 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 - JD Annual Results

Amounts in GBP

Total Revenue
6.17B
Gross Profit
2.96B
EBIT
486.3M
Net Tangible Assets
419M
Net Income
224.3M
Capital Expenditures
-101.1M

JD Income Statement 2021 Annual Report

As per the latest Income Statement of JD, the Net revenue increased by £56.50M (1%) compared to the previous period. The operating income in 2021 decreased by £-38.00M (-7%). The net income as per the annual report was 224.3M which decreased by £-21.80M (-9%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue6.17B6.11B
Gross Profit2.96B2.87B
Operating Income486.3M524.3M
Income Before Tax324M348.5M
Net Income224.3M246.1M

Balance Sheet - JD 2021 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 £498.50M (107%). The Net tangible assets of JD on the balance sheet were at 419M which is £-386.50M (-48%) less than previous annual report. The total stockholder equity also increased by £19.50M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash964.4M465.9M
Total Assets5.16B 4.35B
Long Term Debt48.1M15.6M
Total Liabilities3.67B 3.06B
Total Shareholder Equity1.24B1.22B
Net Tangible Assets419M805.5M

Cash Flow Statement - JD 2021 Annual Report

The 2021 annual cash flow statement of JD Sports Fashion plc showed that the net income decreased by £-21.80M (-9%) compared to previous reporting period. Also the capital expenditure of JD increased by £45.50M (31%).

As of 2021, the total cash from investing activities was -334.7M and total cash from financing activities was -239.7M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income224.3M246.1M
Capital Expenditures-101.1M-146.6M
Dividends Paid--16.7M
Total Cash From From Investing Activities-334.7M-261.7M
Total Cash From From Financing Activities-239.7M-371.4M

JD Sports Fashion plc Annual Report History

Income Statement

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

30 Jan 202101 Feb 202002 Feb 201903 Feb 2018
Total Revenue6.17B6.11B4.72B3.16B
Cost Of Revenue3.21B3.24B2.47B1.63B
Gross Profit2.96B2.87B2.24B1.53B
Research Development----
Selling General Administrative2.49B2.36B1.89B1.23B
Non Recurring----
Other Operating Expenses-13.1M-5.2M-4.7M-2.4M
Total Operating Expenses5.68B5.59B4.36B2.85B
Operating Income486.3M524.3M361.5M308.8M
Total Other Income Expense Net-162.3M-175.8M-21.6M-14.3M
Ebit486.3M524.3M361.5M308.8M
Interest Expense-62.5M-79.8M-7.5M-2M
Income Before Tax324M348.5M339.9M294.5M
Income Tax Expense94.8M97.8M75.7M58.1M
Minority Interest257.7M70M68M63.9M
Net Income From Continuing Ops229.2M250.7M264.2M236.4M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income224.3M246.1M261.8M231.9M
Net Income Applicable To Common Shares224.3M246.1M261.8M231.9M

Balance Sheet Statement

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

30 Jan 202101 Feb 202002 Feb 201903 Feb 2018
Cash964.4M465.9M251.2M347.5M
Net Receivables72.2M81.6M82.3M87.6M
Inventory813.7M811.8M763.8M478M
Total Current Assets1.92B1.46B1.19B971.8M
Long Term Investments2.7M2.6M100k-
Property Plant Equipment2.32B2.42B539.8M376.9M
Good Will578.3M209.4M214.3M114.6M
Intangible Assets241.4M204.3M180M96.4M
Other Assets103.8M47.9M79.1M66.5M
Deferred Long Term Asset Charges40.6M---
Total Assets5.16B4.35B2.21B1.63B
Accounts Payable514.2M426.6M366.9M224.2M
Short Long Term Debt105.2M14.8M18.1M12.7M
Other Current Liab493.2M413.8M396.6M369.7M
Long Term Debt48.1M15.6M56.3M8.4M
Other Liab434.5M93M166M98.6M
Minority Interest257.7M70M68M63.9M
Total Current Liabilities1.55B1.24B900.5M682.3M
Total Liab3.67B3.06B1.13B791.9M
Common Stock2.4M2.4M2.4M2.4M
Retained Earnings1.56B1.25B1.02B773.6M
Treasury Stock-336.2M-40.6M-21.6M-17.3M
Capital Surplus11.7M11.7M11.7M11.7M
Other Stockholder Equity-336.2M-40.6M-21.6M-17.3M
Total Stockholder Equity1.24B1.22B1.01B770.4M
Net Tangible Assets419M805.5M614.5M559.4M

Cash Flow Statement

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

30 Jan 202101 Feb 202002 Feb 201903 Feb 2018
Net Income224.3M246.1M261.8M231.9M
Depreciation461.8M427.5M100.4M62.3M
Change To Netincome93.6M121.6M32.9M29.2M
Change To Account Receivables46.2M-13M-22.5M-22.1M
Change To Liabilities150.8M58.1M21.2M110.7M
Change To Inventory63.5M-9.5M-26.2M-79M
Total Cash From Operating Activities1.06B854M377.6M338.8M
Capital Expenditures-101.1M-146.6M-172.6M-145.5M
Other Cashflows From Investing Activities-4.1M-2M-2.9M-5.5M
Total Cashflows From Investing Activities-334.7M-261.7M-550.8M-204.2M
Net Borrowings-233.6M-353.4M86.4M-8.6M
Other Cashflows From Financing Activities-6.1M-1.3M5.7M-8.8M
Total Cash From Financing Activities-239.7M-371.4M76.2M-32.6M
Effect Of Exchange Rate200k1.7M100k-1.8M
Change In Cash488.4M222.6M-96.9M100.2M
Dividends Paid--16.7M-15.9M-15.2M