Kingfisher plc (LSE:KGF) Annual Report 2022



The latest annual report of Kingfisher plc (KGF) was published on 31 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 - KGF Annual Results

Amounts in GBP

Total Revenue
13.18B
Gross Profit
4.93B
EBIT
1.1B
Net Tangible Assets
4.02B
Net Income
843M
Capital Expenditures
-397M

KGF Income Statement 2022 Annual Report

As per the latest Income Statement of KGF, the Net revenue increased by £840.00M (7%) compared to the previous period. The operating income in 2022 increased by £152.00M (16%). The net income as per the annual report was 843M which increased by £251.00M (42%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue13.18B12.34B
Gross Profit4.93B4.57B
Operating Income1.1B946M
Income Before Tax1.01B756M
Net Income843M592M

Balance Sheet - KGF 2022 Annual Report

Read further: KGF Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Kingfisher plc showed the company reduced the cash on balance sheet by £-319.00M (-28%). The Net tangible assets of KGF on the balance sheet were at 4.02B which is £200.00M (5%) more than previous annual report. The total stockholder equity also increased by £207.00M (3%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash823M1.14B
Total Assets12.35B 12.27B
Long Term Debt2M3M
Total Liabilities5.57B 5.7B
Total Shareholder Equity6.78B6.57B
Net Tangible Assets4.02B3.82B

Cash Flow Statement - KGF 2022 Annual Report

The 2022 annual cash flow statement of Kingfisher plc showed that the net income increased by £251.00M (42%) compared to previous reporting period. Also the capital expenditure of KGF decreased by £-116.00M (-41%).

As of 2022, the total cash from investing activities was -385M and total cash from financing activities was -1.03B.

Cash Flow Statement Report (2022/2021)

20222021
Net Income843M592M
Capital Expenditures-397M-281M
Dividends Paid-254M-254M
Total Cash From From Investing Activities-385M-207M
Total Cash From From Financing Activities-1.03B-562M

Kingfisher plc Annual Report History

Income Statement

Income Statement history of Kingfisher plc (LSE:KGF)

31 Jan 202231 Jan 202131 Jan 202031 Jan 2019
Total Revenue13.18B12.34B11.51B11.69B
Cost Of Revenue8.25B7.77B7.26B7.37B
Gross Profit4.93B4.57B4.25B4.32B
Research Development----
Selling General Administrative3.86B3.65B3.56B3.6B
Non Recurring----
Other Operating Expenses-23M-19M-21M-29M
Total Operating Expenses12.09B11.4B10.79B10.93B
Operating Income1.1B946M721M752M
Total Other Income Expense Net-91M-190M-618M-452M
Ebit1.1B946M721M752M
Interest Expense-148M-180M-191M-190M
Income Before Tax1.01B756M103M300M
Income Tax Expense164M164M95M107M
Minority Interest----
Net Income From Continuing Ops843M592M8M193M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income843M592M8M193M
Net Income Applicable To Common Shares843M592M8M193M

Balance Sheet Statement

Balance Sheet Statement history of Kingfisher plc (LSE:KGF)

31 Jan 202231 Jan 202131 Jan 202031 Jan 2019
Cash823M1.14B790M229M
Net Receivables255M239M233M348M
Inventory2.75B2.49B2.48B2.57B
Other Current Assets54M28M219M124M
Total Current Assets3.95B3.96B3.79B3.33B
Long Term Investments17M20M16M15M
Property Plant Equipment4.96B4.92B4.9B5.32B
Good Will2.42B2.43B2.42B2.44B
Intangible Assets330M320M339M371M
Other Assets670M625M451M382M
Deferred Long Term Asset Charges10M15M12M13M
Total Assets12.35B12.27B11.91B11.85B
Accounts Payable1.35B1.37B1.24B1.4B
Other Current Liab357M326M378M273M
Long Term Debt2M3M93M139M
Other Liab427M421M363M352M
Total Current Liabilities3.12B3.18B3.43B2.89B
Total Liab5.57B5.7B6.11B5.7B
Common Stock325M332M332M332M
Retained Earnings4.03B3.63B2.99B3.19B
Treasury Stock200M381M248M397M
Capital Surplus2.23B2.23B2.23B2.23B
Other Stockholder Equity246M404M271M422M
Total Stockholder Equity6.78B6.57B5.8B6.15B
Net Tangible Assets4.02B3.82B3.05B3.34B

Cash Flow Statement

Cash Flow Statement history of Kingfisher plc (LSE:KGF)

31 Jan 202231 Jan 202131 Jan 202031 Jan 2019
Net Income843M592M8M193M
Depreciation474M468M474M476M
Change To Netincome59M198M423M347M
Change To Account Receivables-23M17M53M142M
Change To Liabilities158M267M-91M-197M
Change To Inventory-359M86M-65M95M
Change To Operating Activities-55M-46M24M-4M
Total Cash From Operating Activities1.18B1.65B897M1.11B
Capital Expenditures-397M-281M-342M-332M
Other Cashflows From Investing Activities-7M4M11M15M
Total Cashflows From Investing Activities-385M-207M-138M-266M
Dividends Paid-254M-254M-227M-231M
Net Borrowings-438M-371M-320M-308M
Other Cashflows From Financing Activities-157M-178M-200M-156M
Total Cash From Financing Activities-1.03B-562M-757M-833M
Effect Of Exchange Rate-90M60M-36M-13M
Change In Cash-327M941M-34M-1M
Repurchase Of Stock-186M-14M-10M-140M
Issuance Of Stock5M1M1M2M