Rolls-Royce Holdings plc (LSE:RR) Annual Report 2021

The latest annual report of Rolls-Royce Holdings plc (RR) 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 - RR Annual Results

Amounts in GBP

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

RR Income Statement 2021 Annual Report

As per the latest Income Statement of RR, the Net revenue decreased by £-273.00M (-2%) compared to the previous period. The operating income in 2021 increased by £847.00M (222%). The net income as per the annual report was 120M which increased by £3.29B (104%) compared to previous year.

Income Statement Report (2021/2020)

Total Revenue11.22B11.49B
Gross Profit2.14B1.11B
Operating Income465M-382M
Income Before Tax-294M-2.8B
Net Income120M-3.17B

Balance Sheet - RR 2021 Annual Report

Read further: RR Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Rolls-Royce Holdings plc showed the company reduced the cash on balance sheet by £-831.00M (-24%). The Net tangible assets of RR on the balance sheet were at -6.56B which is £1.185B (15%) more than previous annual report. The total stockholder equity also increased by £235.00M (5%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

Total Assets28.67B 29.52B
Long Term Debt6.11B4.39B
Total Liabilities33.31B 34.39B
Total Shareholder Equity-4.66B-4.9B
Net Tangible Assets-6.56B-7.75B

Cash Flow Statement - RR 2021 Annual Report

The 2021 annual cash flow statement of Rolls-Royce Holdings plc showed that the net income increased by £3.29B (104%) compared to previous reporting period. Also the capital expenditure of RR increased by £257.00M (44%).

As of 2021, the total cash from investing activities was -428M and total cash from financing activities was -88M.

Cash Flow Statement Report (2021/2020)

Net Income120M-3.17B
Capital Expenditures-328M-585M
Dividends Paid-3M-91M
Total Cash From From Investing Activities-428M-1.01B
Total Cash From From Financing Activities-88M3.02B

Rolls-Royce Holdings plc Annual Report History

Income Statement

Income Statement history of Rolls-Royce Holdings plc (LSE:RR)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue11.22B11.49B16.59B15.73B
Cost Of Revenue9.08B10.38B15.64B14.53B
Gross Profit2.14B1.11B942M1.2B
Research Development778M723M770M768M
Selling General Administrative893M772M1.1B1.57B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses10.75B11.87B17.52B16.87B
Operating Income465M-382M-933M-1.14B
Total Other Income Expense Net-759M-2.42B42M-1.8B
Interest Expense-172M-253M-168M-107M
Income Before Tax-294M-2.8B-891M-2.95B
Income Tax Expense-418M302M420M-554M
Minority Interest26M22M22M22M
Net Income From Continuing Ops124M-3.1B-1.31B-2.39B
Discontinued Operations-3M-68M-68M-68M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income120M-3.17B-1.31B-2.4B
Net Income Applicable To Common Shares120M-3.17B-1.31B-2.4B

Balance Sheet Statement

Balance Sheet Statement history of Rolls-Royce Holdings plc (LSE:RR)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Short Term Investments8M-6M6M
Net Receivables5.94B6.18B6.55B6.36B
Other Current Assets2.13B415M100M810M
Total Current Assets15.31B14.62B16.07B16.82B
Long Term Investments616M671M619M726M
Property Plant Equipment5.12B5.92B6.81B4.93B
Good Will1.03B1.07B994M1.04B
Intangible Assets874M1.78B1.78B1.9B
Other Assets5.72B5.46B5.98B6.43B
Deferred Long Term Asset Charges2.25B1.83B1.89B2.09B
Total Assets28.67B29.52B32.27B31.86B
Accounts Payable1.76B2B2.82B3.15B
Short Long Term Debt27M745M458M831M
Other Current Liab8.42B9.17B9.52B9.39B
Long Term Debt6.11B4.39B2.9B3.61B
Other Liab13.85B14.29B15.71B13.87B
Deferred Long Term Liab2.14B2.29B2.66B2.35B
Minority Interest26M22M22M22M
Total Current Liabilities11.88B13.93B14.99B15.23B
Total Liab33.31B34.39B35.62B32.91B
Common Stock1.67B1.67B386M379M
Retained Earnings-8.53B-8.91B-5.3B-3.11B
Treasury Stock1.18B1.33B1.22B1.39B
Capital Surplus1.01B1.01B319M268M
Other Stockholder Equity1.18B1.33B1.22B1.39B
Total Stockholder Equity-4.66B-4.9B-3.38B-1.07B
Net Tangible Assets-6.56B-7.75B-6.16B-4.02B

Cash Flow Statement

Cash Flow Statement history of Rolls-Royce Holdings plc (LSE:RR)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income120M-3.17B-1.31B-2.4B
Change To Netincome-86M1.74B286M1.51B
Change To Account Receivables-641M-2.4B1.81B-581M
Change To Liabilities---3.15B
Change To Inventory-169M588M-43M-616M
Change To Operating Activities-479M-927M351M271M
Total Cash From Operating Activities-259M-3.01B2.3B2.23B
Capital Expenditures-328M-585M-747M-905M
Other Cashflows From Investing Activities-12M-12M-12M-12M
Total Cashflows From Investing Activities-428M-1.01B-918M-975M
Dividends Paid-3M-91M-220M-216M
Net Borrowings666M1.61B-1.39B994M
Other Cashflows From Financing Activities-751M-462M-196M-76M
Total Cash From Financing Activities-88M3.02B-1.79B702M
Effect Of Exchange Rate-82M56M-104M66M
Change In Cash-857M-939M-517M2.02B