Ocado Group plc (LSE:OCDO) Annual Report 2021

The latest annual report of Ocado Group plc (OCDO) was published on 28 Nov 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 - OCDO Annual Results

Amounts in GBP

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

OCDO Income Statement 2021 Annual Report

As per the latest Income Statement of OCDO, the Net revenue increased by £166.50M (7%) compared to the previous period. The operating income in 2021 decreased by £-82.80M (-91%). The net income as per the annual report was -223.2M which decreased by £-88.90M (-66%) compared to previous year.

Income Statement Report (2021/2020)

Total Revenue2.5B2.33B
Gross Profit935.4M800M
Operating Income-174.2M-91.4M
Income Before Tax-176.9M-52.3M
Net Income-223.2M-134.3M

Balance Sheet - OCDO 2021 Annual Report

Read further: OCDO Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Ocado Group plc showed the company reduced the cash on balance sheet by £-238.20M (-14%). The Net tangible assets of OCDO on the balance sheet were at 1.1B which is £-427.60M (-28%) less than previous annual report. The total stockholder equity also decreased by £-173.50M (-10%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

Total Assets4.38B 4B
Long Term Debt1.3B997.4M
Total Liabilities2.67B 2.17B
Total Shareholder Equity1.59B1.76B
Net Tangible Assets1.1B1.53B

Cash Flow Statement - OCDO 2021 Annual Report

The 2021 annual cash flow statement of Ocado Group plc showed that the net income decreased by £-88.90M (-66%) compared to previous reporting period. Also the capital expenditure of OCDO decreased by £-214.30M (-62%).

As of 2021, the total cash from investing activities was -524M and total cash from financing activities was 282.5M.

Cash Flow Statement Report (2021/2020)

Net Income-223.2M-134.3M
Capital Expenditures-558.9M-344.6M
Dividends Paid--
Total Cash From From Investing Activities-524M-682.8M
Total Cash From From Financing Activities282.5M1.53B

Ocado Group plc Annual Report History

Income Statement

Income Statement history of Ocado Group plc (LSE:OCDO)

28 Nov 202129 Nov 202001 Dec 201902 Dec 2018
Total Revenue2.5B2.33B1.76B1.6B
Cost Of Revenue1.56B1.53B1.16B1.05B
Gross Profit935.4M800M597.3M547.5M
Research Development----
Selling General Administrative1.21B979M886M651.5M
Non Recurring----
Other Operating Expenses-104M-87.6M-83.9M-71.9M
Total Operating Expenses2.67B2.42B1.96B1.63B
Operating Income-174.2M-91.4M-204.8M-32.1M
Total Other Income Expense Net-2.7M39.1M-9.7M-12.3M
Interest Expense-71.6M-55.9M-30.9M-14.7M
Income Before Tax-176.9M-52.3M-214.5M-44.4M
Income Tax Expense8.8M25.6M-2.7M500k
Minority Interest121.2M71.4M9.4M9.4M
Net Income From Continuing Ops-185.7M-77.9M-211.8M-44.9M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-223.2M-134.3M-213.1M-44.9M
Net Income Applicable To Common Shares-223.2M-134.3M-213.1M-44.9M

Balance Sheet Statement

Balance Sheet Statement history of Ocado Group plc (LSE:OCDO)

28 Nov 202129 Nov 202001 Dec 201902 Dec 2018
Net Receivables324.2M170.8M124.1M91.8M
Other Current Assets5.8M412M166.2M4.3M
Total Current Assets1.89B2.39B1.01B576.3M
Long Term Investments26.5M41.5M50.5M52.6M
Property Plant Equipment1.75B1.17B837.4M556.7M
Good Will144.8M4.7M4.7M-
Intangible Assets345.2M231.2M185.8M143.2M
Other Assets229.4M172.1M205.6M21.1M
Deferred Long Term Asset Charges7.2M4.3M27.2M16.6M
Total Assets4.38B4B2.29B1.35B
Accounts Payable93.6M139.4M122.4M133.4M
Other Current Liab46.9M59.8M101.7M30.1M
Long Term Debt1.3B997.4M219.7M244.3M
Other Liab429.8M320.5M217.5M126.3M
Deferred Long Term Liab700k700k800k800k
Minority Interest121.2M71.4M9.4M-
Total Current Liabilities467M494.1M460.3M329.3M
Total Liab2.67B2.17B1.24B793.3M
Common Stock15M15M14.2M14M
Retained Earnings244.3M421.4M554.2M76.7M
Treasury Stock-43.1M-36.3M-225.8M-124M
Capital Surplus1.37B1.36B705.3M589.9M
Other Stockholder Equity69.9M76.9M-112.2M-114.8M
Total Stockholder Equity1.59B1.76B1.05B556.6M
Net Tangible Assets1.1B1.53B857.4M413.4M

Cash Flow Statement

Cash Flow Statement history of Ocado Group plc (LSE:OCDO)

28 Nov 202129 Nov 202001 Dec 201902 Dec 2018
Net Income-223.2M-134.3M-213.1M-44.9M
Change To Netincome6.7M66.6M80.6M10.5M
Change To Account Receivables-77.5M-59.2M-29.4M-36.1M
Change To Liabilities105.2M150.3M87.5M120.5M
Change To Inventory-55.2M38.5M-7.6M-13.6M
Total Cash From Operating Activities-16M225.4M51.7M128.4M
Capital Expenditures-558.9M-344.6M-175.5M-112.8M
Other Cashflows From Investing Activities-1.8M26.7M18.9M2.2M
Total Cashflows From Investing Activities-524M-682.8M-220.5M-167.9M
Net Borrowings226.4M896.6M-65.2M-32M
Other Cashflows From Financing Activities54M-17.3M560.2M-800k
Total Cash From Financing Activities282.5M1.53B552.1M300.3M
Effect Of Exchange Rate19.3M-2.4M-2.4M-2.4M
Change In Cash-238.2M1.07B383.3M260.8M
Issuance Of Stock2.1M646.7M57.1M333.1M
Dividends Paid----