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)

20212020
Total Revenue17.13B11.18B
Gross Profit16.96B11.01B
Operating Income8.68B2.27B
Income Before Tax6.9B1.23B
Net Income5.78B1.32B

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)

20212020
Cash76.38B75.47B
Total Assets886.52B 871.27B
Long Term Debt65.58B79.87B
Total Liabilities833.37B 821.86B
Total Shareholder Equity52.92B49.18B
Net Tangible Assets46.4B42.72B

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)

20212020
Net Income5.78B1.32B
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 Activities20.33B36.77B

Lloyds Banking Group plc Annual Report History

Income Statement

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

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue17.13B11.18B17.17B17.55B
Cost Of Revenue169M174M187M190M
Gross Profit16.96B11.01B16.98B17.36B
Research Development----
Selling General Administrative7.01B7.2B7.59B197M
Non Recurring----
Other Operating Expenses1B1.34B3.86B10.65B
Total Operating Expenses8.45B8.91B12.01B11.48B
Operating Income8.68B2.27B5.16B6.07B
Total Other Income Expense Net-1.78B-1.04B-766M-110M
Ebit----
Interest Expense----
Income Before Tax6.9B1.23B4.39B5.96B
Income Tax Expense1.02B-161M1.39B1.45B
Minority Interest235M229M203M274M
Net Income From Continuing Ops5.88B1.39B3.01B4.51B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income5.78B1.32B2.92B4.41B
Net Income Applicable To Common Shares5.36B865M2.46B3.98B

Balance Sheet Statement

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

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash76.38B75.47B57.81B55.22B
Short Term Investments61.05B66.17B55.58B41.71B
Net Receivables510M959M320M652M
Other Current Assets6.01B5.79B3.29B2.55B
Total Current Assets202.38B214.3B173.9B172.12B
Long Term Investments199.42B183.32B159.62B139.06B
Property Plant Equipment7.96B8.41B9.55B8.53B
Good Will2.32B2.32B2.32B2.31B
Intangible Assets4.2B4.14B3.81B3.35B
Other Assets470.24B458.78B484.69B472.23B
Deferred Long Term Asset Charges3.12B2.74B2.67B2.45B
Total Assets886.52B871.27B833.89B797.6B
Accounts Payable483.99B463.35B421.87B425.45B
Short Long Term Debt16.95B20.22B23.73B17.77B
Other Current Liab61.63B54.3B51.6B37.68B
Long Term Debt65.58B79.87B89.92B90.1B
Other Liab145.9B138.55B135.01B124B
Deferred Long Term Liab64M74M83M90M
Minority Interest235M229M203M274M
Total Current Liabilities620.65B602B559.54B533.26B
Total Liab833.37B821.86B786.09B747.4B
Common Stock7.1B7.08B7B7.12B
Retained Earnings10.24B4.58B3.25B5.39B
Treasury Stock17.09B19.65B19.6B19.7B
Capital Surplus18.48B17.86B17.75B17.72B
Other Stockholder Equity17.09B19.65B19.6B19.7B
Total Stockholder Equity52.92B49.18B47.6B49.92B
Net Tangible Assets46.4B42.72B41.47B44.27B

Cash Flow Statement

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

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income5.78B1.32B2.92B4.41B
Depreciation1.93B2.14B2.66B2.4B
Change To Netincome3.56B6.03B13.1B-4.78B
Change To Liabilities----
Change To Operating Activities-19.68B-13.96B3.3B-35.38B
Total Cash From Operating Activities-16.94B-14.92B10.17B-11.3B
Capital Expenditures-3.23B-2.9B-3.44B-3.51B
Investments-697M-2.24B-99M14.15B
Total Cashflows From Investing Activities-2.54B-4B-2.13B11.92B
Dividends Paid-1.31B-453M-2.78B-2.67B
Net Borrowings-557M-3.87B-818M-527M
Other Cashflows From Financing Activities22.16B40.96B-208M-1.14B
Total Cash From Financing Activities20.33B36.77B-5.45B-4.11B
Effect Of Exchange Rate70M-196M-5M3M
Change In Cash912M17.66B2.59B-3.48B
Issuance Of Stock25M144M929M1.23B