Royal Mail plc (LSE:RMG) Annual Report 2022



The latest annual report of Royal Mail plc (RMG) was published on 27 Mar 2022. 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 - RMG Annual Results

Amounts in GBP

Total Revenue
12.71B
Gross Profit
5.13B
EBIT
729M
Net Tangible Assets
4.42B
Net Income
612M
Capital Expenditures
-519M

RMG Income Statement 2022 Annual Report

As per the latest Income Statement of RMG, the Net revenue increased by £74.00M (1%) compared to the previous period. The operating income in 2022 decreased by £-221.00M (-23%). The net income as per the annual report was 612M which decreased by £-8.00M (-1%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue12.71B12.64B
Gross Profit5.13B5.28B
Operating Income729M950M
Income Before Tax662M726M
Net Income612M620M

Balance Sheet - RMG 2022 Annual Report

Read further: RMG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Royal Mail plc showed the company reduced the cash on balance sheet by £-436.00M (-28%). The Net tangible assets of RMG on the balance sheet were at 4.42B which is £459.00M (12%) more than previous annual report. The total stockholder equity also increased by £529.00M (11%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash1.14B1.57B
Total Assets10.68B 9.98B
Long Term Debt872M895M
Total Liabilities5.34B 5.18B
Total Shareholder Equity5.33B4.8B
Net Tangible Assets4.42B3.96B

Cash Flow Statement - RMG 2022 Annual Report

The 2022 annual cash flow statement of Royal Mail plc showed that the net income decreased by £-8.00M (-1%) compared to previous reporting period. Also the capital expenditure of RMG decreased by £-230.00M (-80%).

As of 2022, the total cash from investing activities was -759M and total cash from financing activities was -832M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income612M620M
Capital Expenditures-519M-289M
Dividends Paid-167M-167M
Total Cash From From Investing Activities-759M-286M
Total Cash From From Financing Activities-832M-944M

Royal Mail plc Annual Report History

Income Statement

Income Statement history of Royal Mail plc (LSE:RMG)

27 Mar 202228 Mar 202129 Mar 202031 Mar 2019
Total Revenue12.71B12.64B10.84B10.58B
Cost Of Revenue7.58B7.36B6.94B6.69B
Gross Profit5.13B5.28B3.9B3.9B
Research Development----
Selling General Administrative3.56B3.48B2.79B2.61B
Non Recurring----
Other Operating Expenses848M824M726M724M
Total Operating Expenses11.98B11.69B10.47B10.04B
Operating Income729M950M368M545M
Total Other Income Expense Net-67M-224M-188M-304M
Ebit729M950M368M545M
Interest Expense-55M-54M-54M-16M
Income Before Tax662M726M180M241M
Income Tax Expense50M106M19M66M
Minority Interest----
Net Income From Continuing Ops612M620M161M175M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income612M620M161M175M
Net Income Applicable To Common Shares612M620M161M175M

Balance Sheet Statement

Balance Sheet Statement history of Royal Mail plc (LSE:RMG)

27 Mar 202228 Mar 202129 Mar 202031 Mar 2019
Cash1.14B1.57B1.64B236M
Short Term Investments70M-30M-
Net Receivables1.7B1.56B1.2B1.21B
Inventory34M18M19M27M
Other Current Assets74M28M30M44M
Total Current Assets3.02B3.27B3.01B1.62B
Long Term Investments1M5M5M5M
Property Plant Equipment3.57B3.01B3.12B2.07B
Good Will428M378M390M380M
Intangible Assets488M468M558M631M
Other Assets3.18B2.86B3.94B2.69B
Deferred Long Term Asset Charges116M153M110M64M
Total Assets10.68B9.98B11.02B7.4B
Accounts Payable2.33B1.83B1.49B1.37B
Other Current Liab194M557M576M457M
Long Term Debt872M895M935M431M
Other Liab606M601M379M274M
Total Current Liabilities2.74B2.73B3.1B1.99B
Total Liab5.34B5.18B5.4B2.78B
Common Stock10M10M10M10M
Retained Earnings5.25B4.8B5.62B4.58B
Treasury Stock76M-7M-14M33M
Other Stockholder Equity76M-7M-14M33M
Total Stockholder Equity5.33B4.8B5.62B4.62B
Net Tangible Assets4.42B3.96B4.67B3.61B

Cash Flow Statement

Cash Flow Statement history of Royal Mail plc (LSE:RMG)

27 Mar 202228 Mar 202129 Mar 202031 Mar 2019
Net Income612M620M161M175M
Depreciation540M446M425M261M
Change To Netincome37M-61M92M140M
Change To Account Receivables-16M-376M13M-176M
Change To Liabilities-54M375M126M-51M
Change To Inventory-14M-14M-1M-2M
Change To Operating Activities55M42M24M8M
Total Cash From Operating Activities1.16B1.17B950M493M
Capital Expenditures-519M-289M-265M-264M
Investments-70M30M-30M-30M
Other Cashflows From Investing Activities9M16M6M5M
Total Cashflows From Investing Activities-759M-286M-274M-543M
Dividends Paid-167M-167M-244M-242M
Net Borrowings-192M-887M1.02B-44M
Other Cashflows From Financing Activities-56M-57M-53M-21M
Total Cash From Financing Activities-832M-944M722M-312M
Effect Of Exchange Rate-5M-10M6M-2M
Change In Cash-436M-67M1.4B-364M
Repurchase Of Stock-218M-218M-3M-10M