Johnson Matthey Plc (LSE:JMAT) Annual Report 2022



The latest annual report of Johnson Matthey Plc (JMAT) was published on 31 Mar 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 - JMAT Annual Results

Amounts in GBP

Total Revenue
16.02B
Gross Profit
1.04B
EBIT
516M
Net Tangible Assets
1.81B
Net Income
-101M
Capital Expenditures
-358M

JMAT Income Statement 2022 Annual Report

As per the latest Income Statement of JMAT, the Net revenue increased by £590.00M (4%) compared to the previous period. The operating income in 2022 increased by £37.00M (8%). The net income as per the annual report was -101M which decreased by £-306.00M (-149%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 16.02B 15.44B
Gross Profit 1.04B 954M
Operating Income 516M 479M
Income Before Tax 195M 224M
Net Income -101M 205M

Balance Sheet - JMAT 2022 Annual Report

Read further: JMAT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Johnson Matthey Plc showed the company reduced the cash on balance sheet by £-190.00M (-33%). The Net tangible assets of JMAT on the balance sheet were at 1.81B which is £-53.00M (-3%) less than previous annual report. The total stockholder equity also decreased by £-244.00M (-9%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 391M 581M
Total Assets 6.67B 7.74B
Long Term Debt 901M 1.25B
Total Liabilities 4.22B 5.06B
Total Shareholder Equity 2.44B 2.69B
Net Tangible Assets 1.81B 1.86B

Cash Flow Statement - JMAT 2022 Annual Report

The 2022 annual cash flow statement of Johnson Matthey Plc showed that the net income decreased by £-306.00M (-149%) compared to previous reporting period. Also the capital expenditure of JMAT decreased by £-54.00M (-18%).

As of 2022, the total cash from investing activities was -260M and total cash from financing activities was -550M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income -101M 205M
Capital Expenditures -358M -304M
Dividends Paid -139M -99M
Total Cash From From Investing Activities -260M -291M
Total Cash From From Financing Activities -550M -202M

Johnson Matthey Plc Annual Report History

Income Statement

Income Statement history of Johnson Matthey Plc (LSE:JMAT)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 16.02B 15.44B 14.58B 10.74B
Cost Of Revenue 14.99B 14.48B 13.57B 9.73B
Gross Profit 1.04B 954M 1B 1.02B
Research Development - - - -
Selling General Administrative 496M 465M 450M 437M
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 15.51B 14.96B 14.04B 10.19B
Operating Income 516M 479M 533M 557M
Total Other Income Expense Net -321M -255M -228M -69M
Ebit 516M 479M 533M 557M
Interest Expense -82M -150M -190M -106M
Income Before Tax 195M 224M 305M 488M
Income Tax Expense 79M 30M 50M 75M
Minority Interest - - - -
Net Income From Continuing Ops 116M 194M 255M 413M
Discontinued Operations -217M 11M 11M 11M
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income -101M 205M 255M 413M
Net Income Applicable To Common Shares -101M 205M 255M 413M

Balance Sheet Statement

Balance Sheet Statement history of Johnson Matthey Plc (LSE:JMAT)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 391M 581M 304M 437M
Net Receivables 1.74B 2.35B 2.03B 1.48B
Inventory 1.55B 1.81B 1.9B 1.32B
Other Current Assets 429M 44M 28M 29M
Total Current Assets 4.18B 4.87B 4.34B 3.37B
Long Term Investments 58M 75M 106M 85M
Property Plant Equipment 1.3B 1.5B 1.49B 1.27B
Good Will 366M 554M 580M 578M
Intangible Assets 265M 268M 318M 261M
Other Assets 494M 475M 524M 381M
Deferred Long Term Asset Charges 98M 140M 66M 58M
Total Assets 6.67B 7.74B 7.36B 5.95B
Accounts Payable 753M 996M 677M 637M
Short Long Term Debt 265M 26M 331M 184M
Other Current Liab 1.65B 2.16B 1.92B 841M
Long Term Debt 901M 1.25B 994M 1.07B
Other Liab 132M 158M 193M 211M
Deferred Long Term Liab 2M 91M 78M 75M
Total Current Liabilities 3.15B 3.6B 3.29B 2.05B
Total Liab 4.22B 5.06B 4.54B 3.34B
Common Stock 218M 221M 221M 221M
Retained Earnings 2.05B 2.35B 2.35B 2.2B
Treasury Stock 26M -29M 110M 42M
Capital Surplus 148M 148M 148M 148M
Other Stockholder Equity 26M -29M 110M 42M
Total Stockholder Equity 2.44B 2.69B 2.82B 2.61B
Net Tangible Assets 1.81B 1.86B 1.93B 1.77B

Cash Flow Statement

Cash Flow Statement history of Johnson Matthey Plc (LSE:JMAT)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income -101M 205M 255M 413M
Depreciation 158M 168M 165M 156M
Change To Netincome 563M 137M 172M -2M
Change To Account Receivables 588M -430M -541M -246M
Change To Liabilities -783M 607M 1.11B 416M
Change To Inventory 123M 19M -575M -394M
Change To Operating Activities 25M 41M -6M -24M
Total Cash From Operating Activities 605M 769M 598M 334M
Capital Expenditures -358M -304M -332M -215M
Other Cashflows From Investing Activities 33M 71M 105M 62M
Total Cashflows From Investing Activities -260M -291M -331M -237M
Dividends Paid -139M -99M -167M -156M
Net Borrowings -145M 56M -1M 243M
Other Cashflows From Financing Activities -111M -159M -202M -110M
Total Cash From Financing Activities -550M -202M -370M -23M
Effect Of Exchange Rate 6M -4M -2M -2M
Change In Cash -199M 272M -105M 74M
Repurchase Of Stock -155M -155M -155M -155M