Mondi plc (LSE:MNDI) Annual Report 2021



The latest annual report of Mondi plc (MNDI) 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 - MNDI Annual Results

Amounts in EUR

Total Revenue
7.72B
Gross Profit
3.31B
EBIT
1.07B
Net Tangible Assets
3.5B
Net Income
756M
Capital Expenditures
-618M

MNDI Income Statement 2021 Annual Report

As per the latest Income Statement of MNDI, the Net revenue increased by €1.06B (16%) compared to the previous period. The operating income in 2021 increased by €177.00M (20%). The net income as per the annual report was 756M which increased by €174.00M (30%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 7.72B 6.66B
Gross Profit 3.31B 2.98B
Operating Income 1.07B 891M
Income Before Tax 983M 770M
Net Income 756M 582M

Balance Sheet - MNDI 2021 Annual Report

Read further: MNDI Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Mondi plc showed the company increased the cash on balance sheet by €91.00M (24%). The Net tangible assets of MNDI on the balance sheet were at 3.5B which is €487.00M (16%) more than previous annual report. The total stockholder equity also increased by €496.00M (12%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 473M 382M
Total Assets 9.26B 8.37B
Long Term Debt 1.92B 1.88B
Total Liabilities 4.37B 3.98B
Total Shareholder Equity 4.5B 4B
Net Tangible Assets 3.5B 3.01B

Cash Flow Statement - MNDI 2021 Annual Report

The 2021 annual cash flow statement of Mondi plc showed that the net income increased by €174.00M (30%) compared to previous reporting period. Also the capital expenditure of MNDI increased by €55.00M (8%).

As of 2021, the total cash from investing activities was -670M and total cash from financing activities was -372M.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 756M 582M
Capital Expenditures -618M -673M
Dividends Paid -298M -237M
Total Cash From From Investing Activities -670M -675M
Total Cash From From Financing Activities -372M -268M

Mondi plc Annual Report History

Income Statement

Income Statement history of Mondi plc (LSE:MNDI)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 7.72B 6.66B 7.27B 7.48B
Cost Of Revenue 4.42B 3.68B 4B 4.06B
Gross Profit 3.31B 2.98B 3.27B 3.42B
Research Development - - - -
Selling General Administrative 1.5B 1.4B 1.44B 1.39B
Non Recurring - - - -
Other Operating Expenses 297M 263M 248M 315M
Total Operating Expenses 6.66B 5.77B 6.12B 6.21B
Operating Income 1.07B 891M 1.15B 1.27B
Total Other Income Expense Net -85M -121M -42M -164M
Ebit 1.07B 891M 1.15B 1.27B
Interest Expense -93M -94M -100M -84M
Income Before Tax 983M 770M 1.1B 1.1B
Income Tax Expense 210M 168M 257M 239M
Minority Interest 391M 380M 370M 340M
Net Income From Continuing Ops 773M 602M 846M 866M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 756M 582M 812M 824M
Net Income Applicable To Common Shares 756M 582M 812M 824M

Balance Sheet Statement

Balance Sheet Statement history of Mondi plc (LSE:MNDI)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 473M 382M 74M 52M
Net Receivables 1.31B 993M 1.1B 1.18B
Inventory 1.1B 849M 984M 968M
Other Current Assets 4M 11M 5M 12M
Total Current Assets 2.92B 2.26B 2.19B 2.24B
Long Term Investments 50M 41M 45M 30M
Property Plant Equipment 5.22B 5.01B 5.21B 4.68B
Good Will 926M 923M 948M 942M
Intangible Assets 76M 70M 81M 91M
Other Assets 70M 60M 66M 55M
Deferred Long Term Asset Charges 43M 39M 49M 49M
Total Assets 9.26B 8.37B 8.54B 8.04B
Accounts Payable 823M 549M 574M 601M
Short Long Term Debt 86M 76M 674M 200M
Other Current Liab 293M 315M 336M 379M
Long Term Debt 1.92B 1.88B 1.3B 1.84B
Other Liab 533M 545M 579M 547M
Minority Interest 391M 380M 370M 340M
Total Current Liabilities 1.74B 1.39B 2.08B 1.67B
Total Liab 4.37B 3.98B 4.16B 4.22B
Common Stock 97M 97M 97M 505M
Retained Earnings 4.76B 4.3B 3.96B 3.59B
Treasury Stock -359M -395M -45M -609M
Other Stockholder Equity -341M -377M -20M -583M
Total Stockholder Equity 4.5B 4B 4.01B 3.48B
Net Tangible Assets 3.5B 3.01B 2.99B 2.45B

Cash Flow Statement

Cash Flow Statement history of Mondi plc (LSE:MNDI)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 756M 582M 812M 824M
Depreciation 464M 451M 458M 471M
Change To Netincome 135M 160M 106M 236M
Change To Account Receivables -334M 8M 91M -84M
Change To Liabilities 367M 49M -55M 79M
Change To Inventory -238M 68M -1M -112M
Total Cash From Operating Activities 1.15B 1.32B 1.39B 1.41B
Capital Expenditures -618M -673M -805M -762M
Investments -1M 1M -5M -7M
Other Cashflows From Investing Activities 7M 3M -2M 8M
Total Cashflows From Investing Activities -670M -675M -794M -1.16B
Dividends Paid -298M -237M -396M -309M
Net Borrowings 32M -2M -91M 749M
Other Cashflows From Financing Activities -99M -23M -111M -124M
Total Cash From Financing Activities -372M -268M -610M -183M
Effect Of Exchange Rate -1M -20M 1M 7M
Change In Cash 107M 355M -15M 74M
Repurchase Of Stock -7M -6M -12M -15M