Reckitt Benckiser Group plc (LSE:RKT) Annual Report 2021



The latest annual report of Reckitt Benckiser Group plc (RKT) 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 - RKT Annual Results

Amounts in GBP

Total Revenue
13.23B
Gross Profit
7.69B
EBIT
2.73B
Net Tangible Assets
-11.47B
Net Income
-32M
Capital Expenditures
-373M

RKT Income Statement 2021 Annual Report

As per the latest Income Statement of RKT, the Net revenue decreased by £-759.00M (-5%) compared to the previous period. The operating income in 2021 decreased by £-420.00M (-13%). The net income as per the annual report was -32M which decreased by £-1.219B (-103%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue13.23B13.99B
Gross Profit7.69B8.44B
Operating Income2.73B3.15B
Income Before Tax-260M1.87B
Net Income-32M1.19B

Balance Sheet - RKT 2021 Annual Report

Read further: RKT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Reckitt Benckiser Group plc showed the company reduced the cash on balance sheet by £-385.00M (-23%). The Net tangible assets of RKT on the balance sheet were at -11.47B which is £2.395B (17%) more than previous annual report. The total stockholder equity also decreased by £-1.716B (-19%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash1.26B1.65B
Total Assets26.95B 31.29B
Long Term Debt6.88B9.55B
Total Liabilities19.49B 22.13B
Total Shareholder Equity7.4B9.12B
Net Tangible Assets-11.47B-13.86B

Cash Flow Statement - RKT 2021 Annual Report

The 2021 annual cash flow statement of Reckitt Benckiser Group plc showed that the net income decreased by £-1.219B (-103%) compared to previous reporting period. Also the capital expenditure of RKT increased by £21.00M (5%).

As of 2021, the total cash from investing activities was 239M and total cash from financing activities was -2.29B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-32M1.19B
Capital Expenditures-373M-394M
Dividends Paid-1.25B-1.24B
Total Cash From From Investing Activities239M-512M
Total Cash From From Financing Activities-2.29B-2.86B

Reckitt Benckiser Group plc Annual Report History

Income Statement

Income Statement history of Reckitt Benckiser Group plc (LSE:RKT)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue13.23B13.99B12.85B12.6B
Cost Of Revenue5.54B5.56B5.07B4.96B
Gross Profit7.69B8.44B7.78B7.63B
Research Development313M288M257M230M
Selling General Administrative4.65B5B4.37B4.04B
Non Recurring----
Other Operating Expenses-3M-7M-3M-4M
Total Operating Expenses10.5B10.84B9.69B9.23B
Operating Income2.73B3.15B3.16B3.37B
Total Other Income Expense Net-2.99B-1.28B-5.27B-647M
Ebit2.73B3.15B3.16B3.37B
Interest Expense-244M-276M-331M-381M
Income Before Tax-260M1.87B-2.11B2.72B
Income Tax Expense-208M720M665M536M
Minority Interest54M44M44M47M
Net Income From Continuing Ops-52M1.15B-2.77B2.18B
Discontinued Operations31M50M-898M-5M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-32M1.19B-3.68B2.16B
Net Income Applicable To Common Shares-32M1.19B-3.68B2.16B

Balance Sheet Statement

Balance Sheet Statement history of Reckitt Benckiser Group plc (LSE:RKT)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash1.26B1.65B1.55B1.48B
Net Receivables2B1.97B2.06B2.08B
Inventory1.46B1.59B1.31B1.28B
Other Current Assets204M30M30M48M
Total Current Assets5B5.31B5.03B4.95B
Long Term Investments194M155M58M53M
Property Plant Equipment2.18B2.23B2.14B2.16B
Good Will5.33B5.37B6.46B11.83B
Intangible Assets13.54B17.61B17.8B18.45B
Other Assets701M611M647M509M
Deferred Long Term Asset Charges197M258M224M209M
Total Assets26.95B31.29B32.14B37.95B
Accounts Payable2.06B2.16B1.8B1.8B
Short Long Term Debt2.4B-570M576M
Other Current Liab436M525M575M677M
Long Term Debt6.88B9.55B8.29B9.67B
Other Liab4.26B5.4B5.26B5.56B
Minority Interest54M44M44M47M
Total Current Liabilities8.09B6.94B8.93B7.67B
Total Liab19.49B22.13B22.73B23.18B
Common Stock74M74M74M74M
Retained Earnings22.49B23.4B23.35B28.2B
Treasury Stock-15.42B-14.61B-14.31B-13.79B
Capital Surplus253M252M245M245M
Other Stockholder Equity-15.42B-14.61B-14.31B-13.79B
Total Stockholder Equity7.4B9.12B9.36B14.72B
Net Tangible Assets-11.47B-13.86B-14.9B-15.55B

Cash Flow Statement

Cash Flow Statement history of Reckitt Benckiser Group plc (LSE:RKT)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income-32M1.19B-3.68B2.16B
Depreciation363M415M467M365M
Change To Netincome1.61B939M4.79B52M
Change To Account Receivables-130M94M-150M-103M
Change To Liabilities-126M1.15B31M81M
Change To Inventory-57M-317M-87M-68M
Total Cash From Operating Activities1.7B3.52B1.41B2.52B
Capital Expenditures-373M-394M-306M-342M
Investments-27M-36M-18M-9M
Total Cashflows From Investing Activities239M-512M-442M-422M
Dividends Paid-1.25B-1.24B-1.23B-1.19B
Net Borrowings-1.01B-1.68B426M-1.62B
Other Cashflows From Financing Activities-109M-63M-90M11M
Total Cash From Financing Activities-2.29B-2.86B-830M-2.69B
Effect Of Exchange Rate-35M-52M-69M-54M
Change In Cash-385M97M70M-640M
Repurchase Of Stock-5M-4M-4M-4M
Issuance Of Stock80M131M61M105M