Lloyds Banking Group plc (LSE:LLOY) Annual Report 2021



The latest annual report of Lloyds Banking Group plc (LLOY) was published on 31 Dec 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 - LLOY Annual Results

Amounts in GBP

Total Revenue
17.13B
Gross Profit
16.96B
EBIT
-
Net Tangible Assets
46.4B
Net Income
5.78B
Capital Expenditures
-3.23B

LLOY Income Statement 2021 Annual Report

As per the latest Income Statement of LLOY, the Net revenue increased by £5.947B (53%) compared to the previous period. The operating income in 2021 increased by £6.416B (283%). The net income as per the annual report was 5.78B which increased by £4.466B (339%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 17.13B 11.18B
Gross Profit 16.96B 11.01B
Operating Income 8.68B 2.27B
Income Before Tax 6.9B 1.23B
Net Income 5.78B 1.32B

Balance Sheet - LLOY 2021 Annual Report

Read further: LLOY Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Lloyds Banking Group plc showed the company increased the cash on balance sheet by £912.00M (1%). The Net tangible assets of LLOY on the balance sheet were at 46.4B which is £3.677B (9%) more than previous annual report. The total stockholder equity also increased by £3.733B (8%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 76.38B 75.47B
Total Assets 886.52B 871.27B
Long Term Debt 65.58B 79.87B
Total Liabilities 833.37B 821.86B
Total Shareholder Equity 52.92B 49.18B
Net Tangible Assets 46.4B 42.72B

Cash Flow Statement - LLOY 2021 Annual Report

The 2021 annual cash flow statement of Lloyds Banking Group plc showed that the net income increased by £4.466B (339%) compared to previous reporting period. Also the capital expenditure of LLOY decreased by £-327.00M (-11%).

As of 2021, the total cash from investing activities was -2.54B and total cash from financing activities was 20.33B.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 5.78B 1.32B
Capital Expenditures -3.23B -2.9B
Dividends Paid -1.31B -453M
Total Cash From From Investing Activities -2.54B -4B
Total Cash From From Financing Activities 20.33B 36.77B

Lloyds Banking Group plc Annual Report History

Income Statement

Income Statement history of Lloyds Banking Group plc (LSE:LLOY)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 17.13B 11.18B 17.17B 17.55B
Cost Of Revenue 169M 174M 187M 190M
Gross Profit 16.96B 11.01B 16.98B 17.36B
Research Development - - - -
Selling General Administrative 7.01B 7.2B 7.59B 197M
Non Recurring - - - -
Other Operating Expenses 1B 1.34B 3.86B 10.65B
Total Operating Expenses 8.45B 8.91B 12.01B 11.48B
Operating Income 8.68B 2.27B 5.16B 6.07B
Total Other Income Expense Net -1.78B -1.04B -766M -110M
Ebit - - - -
Interest Expense - - - -
Income Before Tax 6.9B 1.23B 4.39B 5.96B
Income Tax Expense 1.02B -161M 1.39B 1.45B
Minority Interest 235M 229M 203M 274M
Net Income From Continuing Ops 5.88B 1.39B 3.01B 4.51B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 5.78B 1.32B 2.92B 4.41B
Net Income Applicable To Common Shares 5.36B 865M 2.46B 3.98B

Balance Sheet Statement

Balance Sheet Statement history of Lloyds Banking Group plc (LSE:LLOY)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 76.38B 75.47B 57.81B 55.22B
Short Term Investments 61.05B 66.17B 55.58B 41.71B
Net Receivables 510M 959M 320M 652M
Other Current Assets 6.01B 5.79B 3.29B 2.55B
Total Current Assets 202.38B 214.3B 173.9B 172.12B
Long Term Investments 199.42B 183.32B 159.62B 139.06B
Property Plant Equipment 7.96B 8.41B 9.55B 8.53B
Good Will 2.32B 2.32B 2.32B 2.31B
Intangible Assets 4.2B 4.14B 3.81B 3.35B
Other Assets 470.24B 458.78B 484.69B 472.23B
Deferred Long Term Asset Charges 3.12B 2.74B 2.67B 2.45B
Total Assets 886.52B 871.27B 833.89B 797.6B
Accounts Payable 483.99B 463.35B 421.87B 425.45B
Short Long Term Debt 16.95B 20.22B 23.73B 17.77B
Other Current Liab 61.63B 54.3B 51.6B 37.68B
Long Term Debt 65.58B 79.87B 89.92B 90.1B
Other Liab 145.9B 138.55B 135.01B 124B
Deferred Long Term Liab 64M 74M 83M 90M
Minority Interest 235M 229M 203M 274M
Total Current Liabilities 620.65B 602B 559.54B 533.26B
Total Liab 833.37B 821.86B 786.09B 747.4B
Common Stock 7.1B 7.08B 7B 7.12B
Retained Earnings 10.24B 4.58B 3.25B 5.39B
Treasury Stock 17.09B 19.65B 19.6B 19.7B
Capital Surplus 18.48B 17.86B 17.75B 17.72B
Other Stockholder Equity 17.09B 19.65B 19.6B 19.7B
Total Stockholder Equity 52.92B 49.18B 47.6B 49.92B
Net Tangible Assets 46.4B 42.72B 41.47B 44.27B

Cash Flow Statement

Cash Flow Statement history of Lloyds Banking Group plc (LSE:LLOY)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 5.78B 1.32B 2.92B 4.41B
Depreciation 1.93B 2.14B 2.66B 2.4B
Change To Netincome 3.56B 6.03B 13.1B -4.78B
Change To Liabilities - - - -
Change To Operating Activities -19.68B -13.96B 3.3B -35.38B
Total Cash From Operating Activities -16.94B -14.92B 10.17B -11.3B
Capital Expenditures -3.23B -2.9B -3.44B -3.51B
Investments -697M -2.24B -99M 14.15B
Total Cashflows From Investing Activities -2.54B -4B -2.13B 11.92B
Dividends Paid -1.31B -453M -2.78B -2.67B
Net Borrowings -557M -3.87B -818M -527M
Other Cashflows From Financing Activities 22.16B 40.96B -208M -1.14B
Total Cash From Financing Activities 20.33B 36.77B -5.45B -4.11B
Effect Of Exchange Rate 70M -196M -5M 3M
Change In Cash 912M 17.66B 2.59B -3.48B
Issuance Of Stock 25M 144M 929M 1.23B