Prudential plc (LSE:PRU) Annual Report 2021

The latest annual report of Prudential plc (PRU) 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 - PRU Annual Results

Amounts in USD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

PRU Income Statement 2021 Annual Report

As per the latest Income Statement of PRU, the Net revenue decreased by $-9.747B (-27%) compared to the previous period. The operating income in 2021 increased by $21.00M (1%). The net income as per the annual report was -2.04B which decreased by $-4.16B (-196%) compared to previous year.

Income Statement Report (2021/2020)

Total Revenue26.5B36.25B
Gross Profit6B5.89B
Operating Income3.03B3.01B
Income Before Tax3.02B3.18B
Net Income-2.04B2.12B

Balance Sheet - PRU 2021 Annual Report

Read further: PRU Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Prudential plc showed the company increased the cash on balance sheet by $773.00M (12%). The Net tangible assets of PRU on the balance sheet were at 12.17B which is $-3.674B (-23%) less than previous annual report. The total stockholder equity also decreased by $-3.79B (-18%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

Total Assets199.1B 516.1B
Long Term Debt6.14B8.13B
Total Liabilities181.84B 493.98B
Total Shareholder Equity17.09B20.88B
Net Tangible Assets12.17B15.84B

Cash Flow Statement - PRU 2021 Annual Report

The 2021 annual cash flow statement of Prudential plc showed that the net income decreased by $-4.16B (-196%) compared to previous reporting period. Also the capital expenditure of PRU increased by $21.00M (37%).

As of 2021, the total cash from investing activities was -726M and total cash from financing activities was 3.59B.

Cash Flow Statement Report (2021/2020)

Net Income-2.04B2.12B
Capital Expenditures-36M-57M
Dividends Paid-421M-814M
Total Cash From From Investing Activities-726M-1.2B
Total Cash From From Financing Activities3.59B212M

Prudential plc Annual Report History

Income Statement

Income Statement history of Prudential plc (LSE:PRU)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue26.5B36.25B93.74B35.84B
Cost Of Revenue20.5B30.36B85.97B27.68B
Gross Profit6B5.89B7.77B8.16B
Research Development----
Selling General Administrative3.13B2.43B5.02B3.88B
Non Recurring----
Other Operating Expenses-152M447M203M396M
Total Operating Expenses23.47B33.24B91.19B31.95B
Operating Income3.03B3.01B2.55B3.89B
Total Other Income Expense Net-11M171M-261M-335M
Interest Expense-328M-316M-516M-547M
Income Before Tax3.02B3.18B2.29B3.56B
Income Tax Expense804M711M334M676M
Minority Interest176M1.24B192M23M
Net Income From Continuing Ops2.21B2.47B1.95B2.88B
Discontinued Operations-4.23B-340M-1.16B1.14B
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-2.04B2.12B783M4.02B
Net Income Applicable To Common Shares-2.04B2.12B783M4.02B

Balance Sheet Statement

Balance Sheet Statement history of Prudential plc (LSE:PRU)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Receivables1.8B3.62B2.33B5.41B
Other Current Assets11.4B52.24B21.93B159.22B
Total Current Assets20.37B62.25B28.19B174.96B
Long Term Investments167.62B192.84B190.76B411.92B
Property Plant Equipment478M893M1.06B1.79B
Good Will907M961M969M2.37B
Intangible Assets6.86B6.46B17.48B14.94B
Other Assets2.87B252.69B215.75B41.82B
Deferred Long Term Asset Charges266M4.86B4.08B3.15B
Total Assets199.1B516.1B454.21B647.81B
Other Current Liab6.11B6.74B6.79B45.64B
Long Term Debt6.14B8.13B7.09B10.57B
Other Liab160.53B452.89B406.21B547.01B
Minority Interest176M1.24B192M23M
Total Current Liabilities14.82B32.51B20.76B68.23B
Total Liab181.84B493.98B434.55B625.82B
Common Stock182M173M172M166M
Retained Earnings10.48B14.67B13.76B22.03B
Treasury Stock1.41B3.4B2.92B-2.73B
Capital Surplus5.01B2.64B2.62B2.5B
Other Stockholder Equity1.68B3.64B3.1B-2.52B
Total Stockholder Equity17.09B20.88B19.48B21.97B
Net Tangible Assets12.17B15.84B15.31B17.42B

Cash Flow Statement

Cash Flow Statement history of Prudential plc (LSE:PRU)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income-2.04B2.12B783M4.02B
Change To Netincome4.51B4.51B-3.87B-118M
Change To Liabilities----
Change To Operating Activities-2.78B-338M-2B-541M
Total Cash From Operating Activities-145M1.97B-5.31B3.36B
Capital Expenditures-36M-57M-64M-134M
Total Cashflows From Investing Activities-726M-1.2B-778M-1.05B
Dividends Paid-421M-814M-1.63B-1.66B
Net Borrowings-373M855M-274M1.53B
Other Cashflows From Financing Activities2.01B158M-708M-683M
Total Cash From Financing Activities3.59B212M-2.59B-796M
Effect Of Exchange Rate-44M70M203M-529M
Change In Cash-848M1.05B-8.48B981M
Issuance Of Stock2.38B13M22M23M