NatWest Group plc (LSE:NWG) Annual Report 2021



The latest annual report of NatWest Group plc (NWG) 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 - NWG Annual Results

Amounts in GBP

Total Revenue
11.94B
Gross Profit
11.94B
EBIT
-
Net Tangible Assets
35.07B
Net Income
3.27B
Capital Expenditures
-901M

NWG Income Statement 2021 Annual Report

As per the latest Income Statement of NWG, the Net revenue increased by £4.176B (54%) compared to the previous period. The operating income in 2021 increased by £4.05B (443%). The net income as per the annual report was 3.27B which increased by £3.64B (978%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue11.94B7.76B
Gross Profit11.94B7.76B
Operating Income4.96B914M
Income Before Tax4.03B-481M
Net Income3.27B-372M

Balance Sheet - NWG 2021 Annual Report

Read further: NWG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of NatWest Group plc showed the company increased the cash on balance sheet by £54.827B (42%). The Net tangible assets of NWG on the balance sheet were at 35.07B which is £-2.132B (-6%) less than previous annual report. The total stockholder equity also decreased by £-2.064B (-5%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash186.35B131.53B
Total Assets781.99B 799.49B
Long Term Debt40.2B42.66B
Total Liabilities740.19B 755.67B
Total Shareholder Equity41.8B43.86B
Net Tangible Assets35.07B37.2B

Cash Flow Statement - NWG 2021 Annual Report

The 2021 annual cash flow statement of NatWest Group plc showed that the net income increased by £3.64B (978%) compared to previous reporting period. Also the capital expenditure of NWG decreased by £-525.00M (-140%).

As of 2021, the total cash from investing activities was 3.06B and total cash from financing activities was 51.14B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income3.27B-372M
Capital Expenditures-901M-376M
Dividends Paid-1.01B-381M
Total Cash From From Investing Activities3.06B7.55B
Total Cash From From Financing Activities51.14B62.7B

NatWest Group plc Annual Report History

Income Statement

Income Statement history of NatWest Group plc (LSE:NWG)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue11.94B7.76B12.21B12.65B
Cost Of Revenue----
Gross Profit11.94B7.76B12.21B12.65B
Research Development----
Selling General Administrative6.97B6.84B7.9B8.6B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses6.97B6.84B7.9B8.6B
Operating Income4.96B914M4.31B4.04B
Total Other Income Expense Net-932M-1.4B-324M-684M
Ebit----
Interest Expense----
Income Before Tax4.03B-481M3.98B3.36B
Income Tax Expense996M74M439M1.21B
Minority Interest7M-36M9M754M
Net Income From Continuing Ops3.04B-555M3.54B2.15B
Discontinued Operations276M121M256M256M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income3.27B-372M3.54B2.16B
Net Income Applicable To Common Shares2.95B-753M3.13B1.62B

Balance Sheet Statement

Balance Sheet Statement history of NatWest Group plc (LSE:NWG)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash186.35B131.53B92.97B90.1B
Short Term Investments46.89B44.57B34.91B28.31B
Net Receivables190M192M46M37M
Other Current Assets13.84B8.16B8.16B28.96B
Total Current Assets385.06B391.66B326.57B312.51B
Long Term Investments46.84B55.42B61.43B58.98B
Property Plant Equipment4.23B4.42B4.93B4.35B
Good Will5.52B5.61B5.61B5.61B
Intangible Assets1.2B1.05B1.01B1.01B
Other Assets339.14B341.33B323.49B311.77B
Deferred Long Term Asset Charges1.2B901M1.01B1.41B
Total Assets781.99B799.49B723.04B694.24B
Accounts Payable484.2B441.5B385.38B379.71B
Short Long Term Debt7.83B5.07B7.8B5.17B
Other Current Liab47.02B53.57B59.59B55.99B
Long Term Debt40.2B42.66B43.12B41.73B
Other Liab25.72B30.58B23.97B26.64B
Minority Interest7M-36M9M754M
Total Current Liabilities673.24B680.91B610.76B579.38B
Total Liab740.19B755.67B679.48B647.75B
Common Stock11.47B12.13B12.09B12.05B
Retained Earnings12.97B12.57B13.95B14.31B
Treasury Stock16.2B18.05B16.41B18.35B
Capital Surplus1.16B1.11B1.09B1.03B
Other Stockholder Equity16.57B18.08B16.45B18.37B
Total Stockholder Equity41.8B43.86B43.55B45.74B
Net Tangible Assets35.07B37.2B36.92B39.12B

Cash Flow Statement

Cash Flow Statement history of NatWest Group plc (LSE:NWG)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income3.27B-372M3.54B2.16B
Depreciation836M905M1.22B731M
Change To Netincome2.97B1.75B2.1B6.33B
Change To Liabilities----
Change To Operating Activities-74.59B-23.76B1.87B-42.84B
Total Cash From Operating Activities-60M-33.51B-8.61B1.42B
Capital Expenditures-901M-376M-559M-619M
Investments6.66B7.11B-1.35B-7.69B
Other Cashflows From Investing Activities636M521M854M534M
Total Cashflows From Investing Activities3.06B7.55B-716M-7.99B
Dividends Paid-1.01B-381M-1.07B-711M
Net Borrowings-716M-1.75B863M3.85B
Other Cashflows From Financing Activities53.74B62.6B5.52B-8.26B
Total Cash From Financing Activities51.14B62.7B2.96B-7.77B
Effect Of Exchange Rate-2.64B1.88B-1.98B676M
Change In Cash51.51B38.61B-8.35B-13.67B
Repurchase Of Stock-1.81B-2M-21M-2.83B
Issuance Of Stock937M2.22B17M166M