Land Securities Group plc (LSE:LAND) Annual Report 2022



The latest annual report of Land Securities Group plc (LAND) 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 - LAND Annual Results

Amounts in GBP

Total Revenue
679M
Gross Profit
372M
EBIT
385M
Net Tangible Assets
7.91B
Net Income
869M
Capital Expenditures
-

LAND Income Statement 2022 Annual Report

As per the latest Income Statement of LAND, the Net revenue increased by £44.00M (7%) compared to the previous period. The operating income in 2022 increased by £79.00M (26%). The net income as per the annual report was 869M which increased by £2.262B (162%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue679M635M
Gross Profit372M416M
Operating Income385M306M
Income Before Tax875M-1.39B
Net Income869M-1.39B

Balance Sheet - LAND 2022 Annual Report

Read further: LAND Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Land Securities Group plc showed the company increased the cash on balance sheet by £NaN (NaN%). The Net tangible assets of LAND on the balance sheet were at 7.91B which is £705.00M (10%) more than previous annual report. The total stockholder equity also increased by £705.00M (10%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash128M-
Total Assets12.89B 10.99B
Long Term Debt3.89B2.55B
Total Liabilities4.9B 3.78B
Total Shareholder Equity7.92B7.21B
Net Tangible Assets7.91B7.2B

Cash Flow Statement - LAND 2022 Annual Report

The 2022 annual cash flow statement of Land Securities Group plc showed that the net income increased by £2.262B (162%) compared to previous reporting period. Also the capital expenditure of LAND increased by £NaN (NaN%).

As of 2022, the total cash from investing activities was -603M and total cash from financing activities was 350M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income869M-1.39B
Capital Expenditures--
Dividends Paid-190M-127M
Total Cash From From Investing Activities-603M334M
Total Cash From From Financing Activities350M-1.91B

Land Securities Group plc Annual Report History

Income Statement

Income Statement history of Land Securities Group plc (LSE:LAND)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue679M635M741M757M
Cost Of Revenue307M219M241M177M
Gross Profit372M416M500M580M
Research Development----
Selling General Administrative--73M79M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses294M329M269M257M
Operating Income385M306M472M500M
Total Other Income Expense Net490M-1.7B-1.31B-623M
Ebit385M306M472M500M
Interest Expense-69M-76M-105M-105M
Income Before Tax875M-1.39B-837M-123M
Income Tax Expense---5M-4M
Minority Interest74M74M74M74M
Net Income From Continuing Ops875M-1.39B-832M-119M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income869M-1.39B-832M-119M
Net Income Applicable To Common Shares869M-1.39B-832M-119M

Balance Sheet Statement

Balance Sheet Statement history of Land Securities Group plc (LSE:LAND)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash128M-1.34B14M
Net Receivables334M330M409M414M
Inventory145M36M24M23M
Other Current Assets61M35M72M61M
Total Current Assets668M401M1.85B512M
Long Term Investments705M630M833M1.04B
Property Plant Equipment11M13M14M17M
Good Will1M1M1M2M
Intangible Assets7M7M13M18M
Other Assets11.5B9.94B11.65B12.44B
Total Assets12.89B10.99B14.36B14.03B
Accounts Payable26M12M6M7M
Other Current Liab230M209M218M225M
Long Term Debt3.89B2.55B4.29B2.82B
Other Liab20M3M6M42M
Minority Interest74M---
Total Current Liabilities872M1.17B1.25B1.23B
Total Liab4.9B3.78B5.61B4.11B
Common Stock80M80M80M80M
Retained Earnings7.51B6.79B8.33B9.5B
Treasury Stock9M28M27M26M
Capital Surplus317M317M317M317M
Other Stockholder Equity9M28M27M26M
Total Stockholder Equity7.92B7.21B8.75B9.92B
Net Tangible Assets7.91B7.2B8.74B9.9B

Cash Flow Statement

Cash Flow Statement history of Land Securities Group plc (LSE:LAND)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income869M-1.39B-832M-119M
Depreciation3M2M1M2M
Change To Netincome-542M1.63B1.22B532M
Change To Account Receivables28M8M3M20M
Change To Liabilities----
Change To Operating Activities21M-14M8M-14M
Total Cash From Operating Activities381M233M401M424M
Investments22M16M56M33M
Total Cashflows From Investing Activities-603M334M-116M-166M
Dividends Paid-190M-127M-342M-338M
Net Borrowings564M-1.77B1.46B70M
Other Cashflows From Financing Activities-24M-18M-70M-38M
Total Cash From Financing Activities350M-1.91B1.05B-306M
Change In Cash128M-1.34B1.33B-48M
Capital Expenditures----