M&G plc (LSE:MNG) Annual Report 2020



The latest annual report of M&G plc (MNG) was published on 31 Dec 2020. 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
16.15B
Gross Profit
5.38B
EBIT
3.06B
Net Tangible Assets
4.08B
Net Income
1.14B
Capital Expenditures
-821M

MNG Income Statement 2020 Annual Report

As per the latest Income Statement of MNG, the Net revenue decreased by £-17.01B (-51%) compared to the previous period. The operating income in 2020 decreased by £-1.102B (-26%). The net income as per the annual report was 1.14B which increased by £18.00M (2%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue16.15B33.16B
Gross Profit5.38B6.66B
Operating Income3.06B4.17B
Income Before Tax1.6B1.75B
Net Income1.14B1.12B

Balance Sheet - MNG 2020 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 £730.00M (12%). The Net tangible assets of MNG on the balance sheet were at 4.08B which is £396.00M (11%) more than previous annual report. The total stockholder equity also increased by £452.00M (9%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash6.78B6.05B
Total Assets228.73B 226.24B
Long Term Debt7.84B7.17B
Total Liabilities223.14B 221.11B
Total Shareholder Equity5.58B5.12B
Net Tangible Assets4.08B3.69B

Cash Flow Statement - MNG 2020 Annual Report

The 2020 annual cash flow statement of M&G plc showed that the net income increased by £18.00M (2%) compared to previous reporting period. Also the capital expenditure of MNG decreased by £-428.00M (-109%).

As of 2020, the total cash from investing activities was -957M and total cash from financing activities was -880M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income1.14B1.12B
Capital Expenditures-821M-393M
Dividends Paid-462M-3.52B
Total Cash From From Investing Activities-957M-382M
Total Cash From From Financing Activities-880M-344M

M&G plc Annual Report History

Income Statement

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

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue16.15B33.16B-2.36B27.34B
Cost Of Revenue10.76B26.49B-5.07B22.98B
Gross Profit5.38B6.66B2.71B4.35B
Research Development----
Selling General Administrative2.32B2.5B2.25B2.36B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses13.08B28.99B-2.82B25.34B
Operating Income3.06B4.17B454M1.99B
Total Other Income Expense Net-1.46B-2.42B143M-238M
Ebit3.06B4.17B454M1.99B
Interest Expense-320M-182M-101M-85M
Income Before Tax1.6B1.75B597M1.76B
Income Tax Expense463M680M-214M682M
Minority Interest8M6M5M5M
Net Income From Continuing Ops1.14B1.06B811M1.07B
Discontinued Operations-58M-776M-776M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income1.14B1.12B33M1.07B
Net Income Applicable To Common Shares1.14B1.12B33M1.07B

Balance Sheet Statement

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

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash6.78B6.05B6.56B5.8B
Net Receivables2B1.77B3.2B2.21B
Other Current Assets36.67B31.78B29.71B17.09B
Total Current Assets45.45B39.6B39.48B25.1B
Long Term Investments154.31B158.35B149.36B161.7B
Property Plant Equipment2.07B1.5B1.27B404M
Good Will1.35B1.36B1.35B1.21B
Intangible Assets238M180M196M203M
Other Assets25.3B25.25B24.1B23.37B
Deferred Long Term Asset Charges108M78M24M146M
Total Assets228.73B226.24B215.75B211.98B
Accounts Payable2.51B3.14B--
Short Long Term Debt429M324M628M392M
Other Current Liab7.2B6.02B16.76B5.21B
Long Term Debt7.84B7.17B3.46B3.48B
Other Liab203.42B202.58B184.34B193.64B
Minority Interest8M6M5M-
Total Current Liabilities11.55B11.03B18.71B6.51B
Total Liab223.14B221.11B206.82B203.63B
Common Stock130M130M130M8.36B
Retained Earnings16.85B16.34B20.16B-
Treasury Stock-11.78B-11.72B-11.73B-
Capital Surplus370M370M370M-
Other Stockholder Equity-11.78B-11.72B-11.73B-
Total Stockholder Equity5.58B5.12B8.93B8.36B
Net Tangible Assets4.08B3.69B7.48B7.03B

Cash Flow Statement

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

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income1.14B1.12B33M1.07B
Depreciation128M108M102M47M
Change To Netincome37M313M-240M159M
Change To Liabilities----
Change To Operating Activities1.27B-1.33B1.51B-1.03B
Total Cash From Operating Activities2.58B206M1.41B249M
Capital Expenditures-821M-393M-241M-55M
Total Cashflows From Investing Activities-957M-382M-1.26B1.02B
Dividends Paid-462M-3.52B-746M-746M
Net Borrowings-24M3.19B-100M-100M
Other Cashflows From Financing Activities-189M-22M-220M-658M
Total Cash From Financing Activities-880M-344M-978M-658M
Effect Of Exchange Rate-9M-4M47M129M
Change In Cash730M-524M-785M743M
Repurchase Of Stock-105M-105M-105M-105M