In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

M&G plc Balance Sheet Statement - Assets

As of 31 Dec 2022, The total current assets of M&G plc (LSE:MNG) was around £33,634,000,000 which consisted of £4,884,000,000 of Cash, no Inventory and no Net receivables. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, used, or exhausted through standard business operations within one year.

All amounts in GBP

Current assets
Total assets

The latest balance sheet of M&G plc also showed £1,953,000,000 of Property Plant Equipment and no Good will. Also there were no Intangible assets and £20,641,000,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were £191,560,000,000.

M&G plc Balance Sheet Statement - Liabilities

MNG's latest annual results shows the balance sheet has no Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and no Total Current Liabilities. Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle.

Account payable
Current liabilities
Total liabilities

As per the 31 Dec 2022's annual report of M&G plc, the total liabilities were £188,730,000,000.

MNG Balance Sheet Statement - Stock Holder Equity

Stockholders' equity, also referred to as shareholders' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings and treasury stock.

The latest Balance sheet of M&G plc showed the total stock holder equity was £2,782,000,000 which consisted of £119,000,000 of Common stocks, £14,023,000,000 of Retained earnings and £-11,683,000,000 of Other stock holder equity.

MNG Balance Sheet Statement History

Following table shows the history of balance sheet for M&G plc (MNG).

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Cash 4.88B 6.91B 6.78B 6.05B
Net Receivables - 1.63B 2B 1.77B
Inventory - - - -
Total Current Assets 33.63B 33.63B 45.45B 39.6B
Property Plant Equipment 1.95B 2.54B 2.07B 1.5B
Good Will - 1.39B 1.35B 1.36B
Intangible Assets - 318M 238M 180M
Other Assets 20.64B 25.66B 25.3B 25.25B
Deferred Long Term Asset Charges 651M 119M 108M 78M
Total Assets 191.56B 219.13B 228.73B 226.24B
Accounts Payable - 4.13B 2.51B 3.14B
Short/Long Term Debt - 598M 429M 324M
Other Current Liabilities - - 7.2B 6.02B
Long Term Debt - 8.33B 7.84B 7.17B
Other Liabilities - - 203.42B 202.58B
Total Current Liabilities - - 11.55B 11.03B
Total Liabilities 188.73B 213.79B 223.14B 221.11B
Common Stock 119M 130M 130M 130M
Retained Earnings 14.02B 16.55B 16.85B 16.34B
Treasury Stock -11.73B -11.75B -11.78B -11.72B
Other Stockholder Equity -11.68B -11.75B -11.78B -11.72B
Total Stockholder Equity 2.78B 5.3B 5.58B 5.12B
Net Tangible Assets 905M 3.68B 4.08B 3.69B

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

1. How much Cash M&G plc has on their balance sheet?

As of 31 Dec 2022, M&G plc (LSE:MNG) has £4,884,000,000 of Cash.

2. What's the long term debt of M&G plc?

As per the latest Balance sheet of M&G plc (LSE:MNG), it has no Long term debt.

3. How much share holder equity does M&G plc has?

The M&G plc (LSE:MNG)'s balance sheet shows that it has £2,782,000,000 of Total stock holder equity.