Schroders plc (LSE:SDR) Annual Report 2022

The latest annual report of Schroders plc (SDR) was published on 31 Dec 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 - SDR Annual Results

Amounts in GBP

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

SDR Income Statement 2022 Annual Report

As per the latest Income Statement of SDR, the Net revenue decreased by £-78.40M (-3%) compared to the previous period. The operating income in 2022 decreased by £-118.20M (-14%). The net income as per the annual report was 486.2M which decreased by £-137.60M (-22%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 2.97B 3.05B
Gross Profit 2.44B 2.49B
Operating Income 733.6M 851.8M
Income Before Tax 586.9M 764.1M
Net Income 486.2M 623.8M

Balance Sheet - SDR 2022 Annual Report

Read further: SDR Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Schroders plc showed the company increased the cash on balance sheet by £233.00M (6%). The Net tangible assets of SDR on the balance sheet were at 2.43B which is £-691.00M (-22%) less than previous annual report. The total stockholder equity also increased by £70.00M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 4.44B 4.21B
Total Assets 21.33B 24.34B
Long Term Debt - -
Total Liabilities 16.85B 19.92B
Total Shareholder Equity 4.36B 4.29B
Net Tangible Assets 2.43B 3.12B

Cash Flow Statement - SDR 2022 Annual Report

The 2022 annual cash flow statement of Schroders plc showed that the net income decreased by £-137.60M (-22%) compared to previous reporting period. Also the capital expenditure of SDR decreased by £-14.90M (-17%).

As of 2022, the total cash from investing activities was -603.8M and total cash from financing activities was -533.3M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 486.2M 623.8M
Capital Expenditures -104.3M -89.4M
Dividends Paid -332.1M -318.6M
Total Cash From From Investing Activities -603.8M 117.4M
Total Cash From From Financing Activities -533.3M -429.7M

Schroders plc Annual Report History

Income Statement

Income Statement history of Schroders plc (LSE:SDR)

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Total Revenue 2.97B 3.05B 2.61B 2.61B
Cost Of Revenue 530.3M 556.4M 453.1M 484.6M
Gross Profit 2.44B 2.49B 2.16B 2.12B
Research Development - - - -
Selling General Administrative 1.7B 1.63B 1.33B 1.3B
Non Recurring - - - -
Other Operating Expenses -36.5M -28.7M -28.7M -28.7M
Total Operating Expenses 2.24B 2.2B 1.95B 1.93B
Operating Income 733.6M 851.8M 657M 680.3M
Total Other Income Expense Net -146.7M -87.7M -46.5M -55.7M
Ebit 733.6M 851.8M 657M 680.3M
Interest Expense -10.6M -12.8M -12M -12.4M
Income Before Tax 586.9M 764.1M 610.5M 624.6M
Income Tax Expense 100.7M 140.3M 124.5M 128.9M
Minority Interest 123.8M 139.8M 83.1M 66.6M
Net Income From Continuing Ops 486.2M 623.8M 486M 495.7M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 486.2M 623.8M 486M 495.7M
Net Income Applicable To Common Shares 479.7M 611.9M 476.3M 494.1M

Balance Sheet Statement

Balance Sheet Statement history of Schroders plc (LSE:SDR)

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Cash 4.44B 4.21B 3.47B 2.66B
Net Receivables 1.35B 1.33B 1.25B 1.27B
Other Current Assets 129.4M 365.6M 192.4M 214.9M
Total Current Assets 7.05B 7.74B 6.42B 5.41B
Long Term Investments 1.35B 986.5M 1.1B 1.38B
Property Plant Equipment 524.1M 560M 590.9M 652.3M
Good Will 1.24B 803.4M 811.7M 761.8M
Intangible Assets 689.8M 365.1M 396.3M 371.6M
Other Assets 10.48B 13.89B 12.35B 12.69B
Deferred Long Term Asset Charges 185.8M 145M 32.9M 36.9M
Total Assets 21.33B 24.34B 21.67B 21.27B
Accounts Payable 14.7M 8.8M 11M 15.7M
Other Current Liab 5.03B 4.87B 4.15B 3.62B
Other Liab 10.63B 13.84B 12.41B 12.76B
Minority Interest 123.8M 139.8M 83.1M 66.6M
Total Current Liabilities 5.9B 5.74B 4.82B 4.27B
Total Liab 16.85B 19.92B 17.59B 17.42B
Common Stock 322.4M 282.5M 282.5M 282.5M
Retained Earnings 3.84B 3.88B 3.59B 3.41B
Treasury Stock 106.1M -5.6M 5.8M -40.7M
Capital Surplus 84.3M 124.2M 124.2M 124.2M
Other Stockholder Equity 291.2M 144.6M 165.6M 128.4M
Total Stockholder Equity 4.36B 4.29B 4B 3.78B
Net Tangible Assets 2.43B 3.12B 2.79B 2.65B
Long Term Debt - - - -

Cash Flow Statement

Cash Flow Statement history of Schroders plc (LSE:SDR)

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net Income 486.2M 623.8M 486M 495.7M
Depreciation 75.6M 68.6M 84M 71.5M
Change To Netincome 96.3M -24.1M -23.3M 35.6M
Change To Account Receivables 68.9M -10.5M -6.9M -101M
Change To Liabilities -159.6M 149.4M -26.7M -57.5M
Change To Operating Activities 339.2M 366.3M 270.9M 520.5M
Total Cash From Operating Activities 972.8M 1.23B 832.5M 1B
Capital Expenditures -104.3M -89.4M -92.8M -142.9M
Investments 100.7M 213M 247.5M 114.5M
Other Cashflows From Investing Activities 7.3M 12.5M 14.9M 22.5M
Total Cashflows From Investing Activities -603.8M 117.4M 151.3M -158.3M
Dividends Paid -332.1M -318.6M -311.7M -312.3M
Net Borrowings -51.3M -47.5M -44.4M -26.5M
Other Cashflows From Financing Activities -29.7M 11.7M -16.7M -47.2M
Total Cash From Financing Activities -533.3M -429.7M -431.1M -467M
Effect Of Exchange Rate 90.6M -18.8M 30.3M -25.4M
Change In Cash -73.7M 903.1M 583M 351.3M
Repurchase Of Stock -120.2M -75.3M -58.3M -81M