RS Group plc (LSE:RS1) Annual Report 2022

The latest annual report of RS Group plc (RS1) was published on 31 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 - RS1 Annual Results

Amounts in GBP

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

RS1 Income Statement 2022 Annual Report

As per the latest Income Statement of RS1, the Net revenue increased by £551.00M (28%) compared to the previous period. The operating income in 2022 increased by £141.60M (85%). The net income as per the annual report was 230M which increased by £104.50M (83%) compared to previous year.

Income Statement Report (2022/2021)

Total Revenue2.55B2B
Gross Profit1.13B856M
Operating Income308.8M167.2M
Income Before Tax302.2M160.6M
Net Income230M125.5M

Balance Sheet - RS1 2022 Annual Report

Read further: RS1 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of RS Group plc showed the company increased the cash on balance sheet by £60.00M (30%). The Net tangible assets of RS1 on the balance sheet were at 636.3M which is £201.60M (46%) more than previous annual report. The total stockholder equity also increased by £209.10M (23%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

Total Assets2.1B 1.85B
Long Term Debt151.7M147.3M
Total Liabilities992.7M 946.4M
Total Shareholder Equity1.11B899.4M
Net Tangible Assets636.3M434.7M

Cash Flow Statement - RS1 2022 Annual Report

The 2022 annual cash flow statement of RS Group plc showed that the net income increased by £104.50M (83%) compared to previous reporting period. Also the capital expenditure of RS1 increased by £12.20M (22%).

As of 2022, the total cash from investing activities was -40.3M and total cash from financing activities was -94.6M.

Cash Flow Statement Report (2022/2021)

Net Income230M125.5M
Capital Expenditures-42.5M-54.7M
Dividends Paid-76.2M-71.2M
Total Cash From From Investing Activities-40.3M-190.2M
Total Cash From From Financing Activities-94.6M66M

RS Group plc Annual Report History

Income Statement

Income Statement history of RS Group plc (LSE:RS1)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue2.55B2B1.95B1.88B
Cost Of Revenue1.43B1.15B1.1B1.05B
Gross Profit1.13B856M854.7M838.6M
Research Development----
Selling General Administrative819.1M688.8M649.4M637.6M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses2.24B1.84B1.75B1.68B
Operating Income308.8M167.2M205.3M201M
Total Other Income Expense Net-6.6M-6.6M-5.7M-5.8M
Interest Expense-7.7M-8.4M-9.1M-9.4M
Income Before Tax302.2M160.6M199.6M195.2M
Income Tax Expense72.2M35.1M44.9M47.1M
Minority Interest----
Net Income From Continuing Ops230M125.5M154.7M148.1M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income230M125.5M154.7M148.1M
Net Income Applicable To Common Shares230M125.5M154.7M148.1M

Balance Sheet Statement

Balance Sheet Statement history of RS Group plc (LSE:RS1)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Receivables578.9M490M398.9M395.2M
Other Current Assets1.4M2.2M4.3M2.7M
Total Current Assets1.4B1.13B1.04B935.9M
Long Term Investments1.5M2.2M2M2.7M
Property Plant Equipment223.1M228.8M221.9M119.6M
Good Will330.5M317.6M241.1M231.2M
Intangible Assets141.7M147.1M88.5M89.7M
Other Assets9.3M15.3M19.9M20.2M
Deferred Long Term Asset Charges4.9M9.9M17.1M15.6M
Total Assets2.1B1.85B1.62B1.4B
Accounts Payable377.3M319.4M241.1M257.8M
Short Long Term Debt200k-7.5M-
Other Current Liab59.2M49.4M37.7M39.3M
Long Term Debt151.7M147.3M161.8M175.3M
Other Liab82.8M123.2M124.3M147.2M
Deferred Long Term Liab1.1M1.7M--
Total Current Liabilities726.2M631.8M570.4M487.5M
Total Liab992.7M946.4M897.8M810M
Common Stock47.1M47M44.6M44.4M
Retained Earnings772.8M587.8M543.1M435.2M
Treasury Stock57.2M36.1M80.8M60.1M
Capital Surplus231.4M228.5M51.4M49.6M
Other Stockholder Equity60.2M37.6M81.5M61.3M
Total Stockholder Equity1.11B899.4M719.9M589.3M
Net Tangible Assets636.3M434.7M390.3M268.4M

Cash Flow Statement

Cash Flow Statement history of RS Group plc (LSE:RS1)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income230M125.5M154.7M148.1M
Change To Netincome27.2M5.5M-2M6.2M
Change To Account Receivables-96.5M-32.6M10M-28.7M
Change To Liabilities82.4M35.5M-36M14.6M
Change To Inventory-102.1M-4.4M-25.2M-50.7M
Change To Operating Activities-1.7M1.6M-5.3M5.9M
Total Cash From Operating Activities203M187.6M147.1M127.3M
Capital Expenditures-42.5M-54.7M-74.7M-50.8M
Total Cashflows From Investing Activities-40.3M-190.2M-74.9M-84.1M
Dividends Paid-76.2M-71.2M-68.5M-58.9M
Net Borrowings-18.5M-40.7M-30.7M27.2M
Total Cash From Financing Activities-94.6M66M-95.5M-31.4M
Effect Of Exchange Rate3.9M-11.8M7M3.9M
Change In Cash72M51.6M-16.3M15.7M
Repurchase Of Stock-2.9M-1.6M-900k-2.3M
Issuance Of Stock3M179.5M2M2.6M