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)

2022 2021
Total Revenue 679M 635M
Gross Profit 372M 416M
Operating Income 385M 306M
Income Before Tax 875M -1.39B
Net Income 869M -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)

2022 2021
Cash 128M -
Total Assets 12.89B 10.99B
Long Term Debt 3.89B 2.55B
Total Liabilities 4.9B 3.78B
Total Shareholder Equity 7.92B 7.21B
Net Tangible Assets 7.91B 7.2B

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)

2022 2021
Net Income 869M -1.39B
Capital Expenditures - -
Dividends Paid -190M -127M
Total Cash From From Investing Activities -603M 334M
Total Cash From From Financing Activities 350M -1.91B

Land Securities Group plc Annual Report History

Income Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 679M 635M 741M 757M
Cost Of Revenue 307M 219M 241M 177M
Gross Profit 372M 416M 500M 580M
Research Development - - - -
Selling General Administrative - - 73M 79M
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 294M 329M 269M 257M
Operating Income 385M 306M 472M 500M
Total Other Income Expense Net 490M -1.7B -1.31B -623M
Ebit 385M 306M 472M 500M
Interest Expense -69M -76M -105M -105M
Income Before Tax 875M -1.39B -837M -123M
Income Tax Expense - - -5M -4M
Minority Interest 74M 74M 74M 74M
Net Income From Continuing Ops 875M -1.39B -832M -119M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 869M -1.39B -832M -119M
Net Income Applicable To Common Shares 869M -1.39B -832M -119M

Balance Sheet Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 128M - 1.34B 14M
Net Receivables 334M 330M 409M 414M
Inventory 145M 36M 24M 23M
Other Current Assets 61M 35M 72M 61M
Total Current Assets 668M 401M 1.85B 512M
Long Term Investments 705M 630M 833M 1.04B
Property Plant Equipment 11M 13M 14M 17M
Good Will 1M 1M 1M 2M
Intangible Assets 7M 7M 13M 18M
Other Assets 11.5B 9.94B 11.65B 12.44B
Total Assets 12.89B 10.99B 14.36B 14.03B
Accounts Payable 26M 12M 6M 7M
Other Current Liab 230M 209M 218M 225M
Long Term Debt 3.89B 2.55B 4.29B 2.82B
Other Liab 20M 3M 6M 42M
Minority Interest 74M - - -
Total Current Liabilities 872M 1.17B 1.25B 1.23B
Total Liab 4.9B 3.78B 5.61B 4.11B
Common Stock 80M 80M 80M 80M
Retained Earnings 7.51B 6.79B 8.33B 9.5B
Treasury Stock 9M 28M 27M 26M
Capital Surplus 317M 317M 317M 317M
Other Stockholder Equity 9M 28M 27M 26M
Total Stockholder Equity 7.92B 7.21B 8.75B 9.92B
Net Tangible Assets 7.91B 7.2B 8.74B 9.9B

Cash Flow Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 869M -1.39B -832M -119M
Depreciation 3M 2M 1M 2M
Change To Netincome -542M 1.63B 1.22B 532M
Change To Account Receivables 28M 8M 3M 20M
Change To Liabilities - - - -
Change To Operating Activities 21M -14M 8M -14M
Total Cash From Operating Activities 381M 233M 401M 424M
Investments 22M 16M 56M 33M
Total Cashflows From Investing Activities -603M 334M -116M -166M
Dividends Paid -190M -127M -342M -338M
Net Borrowings 564M -1.77B 1.46B 70M
Other Cashflows From Financing Activities -24M -18M -70M -38M
Total Cash From Financing Activities 350M -1.91B 1.05B -306M
Change In Cash 128M -1.34B 1.33B -48M
Capital Expenditures - - - -