Mondi plc (LSE:MNDI) Annual Report 2022

The latest annual report of Mondi plc (MNDI) was published on 31 Dec 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 - MNDI Annual Results

Amounts in EUR

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

MNDI Income Statement 2022 Annual Report

As per the latest Income Statement of MNDI, the Net revenue increased by €1.179B (15%) compared to the previous period. The operating income in 2022 increased by €369.00M (35%). The net income as per the annual report was 1.45B which increased by €696.00M (92%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 8.9B 7.72B
Gross Profit 3.43B 3.31B
Operating Income 1.44B 1.07B
Income Before Tax 1.56B 983M
Net Income 1.45B 756M

Balance Sheet - MNDI 2022 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 €594.00M (126%). The Net tangible assets of MNDI on the balance sheet were at 4.96B which is €1.465B (42%) more than previous annual report. The total stockholder equity also increased by €1.296B (29%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 1.07B 473M
Total Assets 10.85B 9.26B
Long Term Debt 1.86B 1.92B
Total Liabilities 4.59B 4.37B
Total Shareholder Equity 5.79B 4.5B
Net Tangible Assets 4.96B 3.5B

Cash Flow Statement - MNDI 2022 Annual Report

The 2022 annual cash flow statement of Mondi plc showed that the net income increased by €696.00M (92%) compared to previous reporting period. Also the capital expenditure of MNDI increased by €61.00M (10%).

As of 2022, the total cash from investing activities was 32M and total cash from financing activities was -572M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 1.45B 756M
Capital Expenditures -557M -618M
Dividends Paid -321M -298M
Total Cash From From Investing Activities 32M -670M
Total Cash From From Financing Activities -572M -372M

Mondi plc Annual Report History

Income Statement

Income Statement history of Mondi plc (LSE:MNDI)

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Total Revenue 8.9B 7.72B 6.66B 7.27B
Cost Of Revenue 5.47B 4.42B 3.68B 4B
Gross Profit 3.43B 3.31B 2.98B 3.27B
Research Development - - - -
Selling General Administrative 1.43B 1.5B 1.4B 1.44B
Non Recurring - - - -
Other Operating Expenses 162M 297M 263M 248M
Total Operating Expenses 7.46B 6.66B 5.77B 6.12B
Operating Income 1.44B 1.07B 891M 1.15B
Total Other Income Expense Net 123M -85M -121M -42M
Ebit 1.44B 1.07B 891M 1.15B
Interest Expense -138M -93M -94M -100M
Income Before Tax 1.56B 983M 770M 1.1B
Income Tax Expense 301M 210M 168M 257M
Minority Interest 460M 391M 380M 370M
Net Income From Continuing Ops 1.26B 773M 602M 846M
Discontinued Operations 266M 266M 266M 266M
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 1.45B 756M 582M 812M
Net Income Applicable To Common Shares 1.45B 756M 582M 812M

Balance Sheet Statement

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

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Cash 1.07B 473M 382M 74M
Short Term Investments 4M - 1M -
Net Receivables 1.46B 1.31B 993M 1.1B
Inventory 1.36B 1.1B 849M 984M
Other Current Assets 1.38B 4M 11M 5M
Total Current Assets 5.27B 2.92B 2.26B 2.19B
Long Term Investments 43M 50M 41M 45M
Property Plant Equipment 4.65B 5.22B 5.01B 5.21B
Good Will 769M 926M 923M 948M
Intangible Assets 64M 76M 70M 81M
Other Assets 50M 70M 60M 66M
Deferred Long Term Asset Charges 34M 43M 39M 49M
Total Assets 10.85B 9.26B 8.37B 8.54B
Accounts Payable 1.52B 823M 549M 574M
Short Long Term Debt 77M 86M 76M 674M
Other Current Liab 495M 293M 315M 336M
Long Term Debt 1.86B 1.92B 1.88B 1.3B
Other Liab 502M 533M 545M 579M
Minority Interest 460M 391M 380M 370M
Total Current Liabilities 2.12B 1.74B 1.39B 2.08B
Total Liab 4.59B 4.37B 3.98B 4.16B
Common Stock 97M 97M 97M 97M
Retained Earnings 5.89B 4.76B 4.3B 3.96B
Treasury Stock -198M -359M -395M -45M
Other Stockholder Equity -182M -341M -377M -20M
Total Stockholder Equity 5.79B 4.5B 4B 4.01B
Net Tangible Assets 4.96B 3.5B 3.01B 2.99B

Cash Flow Statement

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

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net Income 1.45B 756M 582M 812M
Depreciation 394M 394M 428M 458M
Change To Netincome 34M 34M 183M 106M
Change To Account Receivables -472M -334M 8M 91M
Change To Liabilities 307M 367M 49M -55M
Change To Inventory -254M -238M 68M -1M
Change To Operating Activities -13M -13M -13M -23M
Total Cash From Operating Activities 1.45B 1.15B 1.32B 1.39B
Capital Expenditures -557M -618M -673M -805M
Investments 5M -1M 1M -5M
Other Cashflows From Investing Activities -53M 7M 3M -2M
Total Cashflows From Investing Activities 32M -670M -675M -794M
Dividends Paid -321M -298M -237M -396M
Net Borrowings -83M 32M -2M -91M
Other Cashflows From Financing Activities -161M -99M -23M -111M
Total Cash From Financing Activities -572M -372M -268M -610M
Effect Of Exchange Rate 18M -1M -20M 1M
Change In Cash 926M 107M 355M -15M
Repurchase Of Stock -7M -7M -6M -12M