M&G plc (LSE:MNG) Annual Report 2021



The latest annual report of M&G plc (MNG) 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 - MNG Annual Results

Amounts in GBP

Total Revenue
16.63B
Gross Profit
3.55B
EBIT
1.12B
Net Tangible Assets
3.68B
Net Income
83M
Capital Expenditures
-770M

MNG Income Statement 2021 Annual Report

As per the latest Income Statement of MNG, the Net revenue increased by £488.00M (3%) compared to the previous period. The operating income in 2021 decreased by £-1.94B (-63%). The net income as per the annual report was 83M which decreased by £-1.055B (-93%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue16.63B16.15B
Gross Profit3.55B5.38B
Operating Income1.12B3.06B
Income Before Tax707M1.6B
Net Income83M1.14B

Balance Sheet - MNG 2021 Annual Report

Read further: MNG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of M&G plc showed the company increased the cash on balance sheet by £132.00M (2%). The Net tangible assets of MNG on the balance sheet were at 3.68B which is £-401.00M (-10%) less than previous annual report. The total stockholder equity also decreased by £-281.00M (-5%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash6.91B6.78B
Total Assets219.13B 228.73B
Long Term Debt8.33B7.84B
Total Liabilities213.79B 223.14B
Total Shareholder Equity5.3B5.58B
Net Tangible Assets3.68B4.08B

Cash Flow Statement - MNG 2021 Annual Report

The 2021 annual cash flow statement of M&G plc showed that the net income decreased by £-1.055B (-93%) compared to previous reporting period. Also the capital expenditure of MNG increased by £51.00M (6%).

As of 2021, the total cash from investing activities was -466M and total cash from financing activities was -687M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income83M1.14B
Capital Expenditures-770M-821M
Dividends Paid-466M-462M
Total Cash From From Investing Activities-466M-957M
Total Cash From From Financing Activities-687M-880M

M&G plc Annual Report History

Income Statement

Income Statement history of M&G plc (LSE:MNG)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue16.63B16.15B33.16B-2.36B
Cost Of Revenue13.08B10.76B26.49B-5.07B
Gross Profit3.55B5.38B6.66B2.71B
Research Development----
Selling General Administrative2.43B2.32B2.5B2.25B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses15.51B13.08B28.99B-2.82B
Operating Income1.12B3.06B4.17B454M
Total Other Income Expense Net-416M-1.46B-2.42B143M
Ebit1.12B3.06B4.17B454M
Interest Expense-321M-320M-182M-101M
Income Before Tax707M1.6B1.75B597M
Income Tax Expense615M463M680M-214M
Minority Interest49M8M6M5M
Net Income From Continuing Ops92M1.14B1.06B811M
Discontinued Operations--58M-776M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income83M1.14B1.12B33M
Net Income Applicable To Common Shares83M1.14B1.12B33M

Balance Sheet Statement

Balance Sheet Statement history of M&G plc (LSE:MNG)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash6.91B6.78B6.05B6.56B
Net Receivables1.63B2B1.77B3.2B
Other Current Assets25.09B36.67B31.78B29.71B
Total Current Assets33.63B45.45B39.6B39.48B
Long Term Investments155.6B154.31B158.35B149.36B
Property Plant Equipment2.54B2.07B1.5B1.27B
Good Will1.39B1.35B1.36B1.35B
Intangible Assets318M238M180M196M
Other Assets25.66B25.3B25.25B24.1B
Deferred Long Term Asset Charges119M108M78M24M
Total Assets219.13B228.73B226.24B215.75B
Accounts Payable4.13B2.51B3.14B-
Short Long Term Debt598M429M324M628M
Other Current Liab5.89B7.2B6.02B16.76B
Long Term Debt8.33B7.84B7.17B3.46B
Other Liab192.89B203.42B202.58B184.34B
Minority Interest49M8M6M5M
Total Current Liabilities12.18B11.55B11.03B18.71B
Total Liab213.79B223.14B221.11B206.82B
Common Stock130M130M130M130M
Retained Earnings16.55B16.85B16.34B20.16B
Treasury Stock-11.75B-11.78B-11.72B-11.73B
Capital Surplus370M370M370M370M
Other Stockholder Equity-11.75B-11.78B-11.72B-11.73B
Total Stockholder Equity5.3B5.58B5.12B8.93B
Net Tangible Assets3.68B4.08B3.69B7.48B

Cash Flow Statement

Cash Flow Statement history of M&G plc (LSE:MNG)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income83M1.14B1.12B33M
Depreciation148M128M108M102M
Change To Netincome-77M37M313M-240M
Change To Liabilities----
Change To Operating Activities1.15B1.27B-1.33B1.51B
Total Cash From Operating Activities1.31B2.58B206M1.41B
Capital Expenditures-770M-821M-393M-241M
Total Cashflows From Investing Activities-466M-957M-382M-1.26B
Dividends Paid-466M-462M-3.52B-746M
Net Borrowings-35M-24M3.19B-100M
Other Cashflows From Financing Activities-186M-189M-22M-220M
Total Cash From Financing Activities-687M-880M-344M-978M
Effect Of Exchange Rate-23M-9M-4M47M
Change In Cash132M730M-524M-785M