Schroders plc (LSE:SDR) Annual Report 2021



The latest annual report of Schroders plc (SDR) 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 - SDR Annual Results

Amounts in GBP

Total Revenue
3.12B
Gross Profit
2.56B
EBIT
806.6M
Net Tangible Assets
3.12B
Net Income
623.8M
Capital Expenditures
-89.4M

SDR Income Statement 2021 Annual Report

As per the latest Income Statement of SDR, the Net revenue increased by £507.00M (19%) compared to the previous period. The operating income in 2021 increased by £149.60M (23%). The net income as per the annual report was 623.8M which increased by £137.80M (28%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 3.12B 2.61B
Gross Profit 2.56B 2.16B
Operating Income 806.6M 657M
Income Before Tax 764.1M 610.5M
Net Income 623.8M 486M

Balance Sheet - SDR 2021 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 £737.70M (21%). The Net tangible assets of SDR on the balance sheet were at 3.12B which is £322.60M (12%) more than previous annual report. The total stockholder equity also increased by £283.10M (7%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 4.21B 3.47B
Total Assets 24.34B 21.67B
Long Term Debt - -
Total Liabilities 19.92B 17.59B
Total Shareholder Equity 4.29B 4B
Net Tangible Assets 3.12B 2.79B

Cash Flow Statement - SDR 2021 Annual Report

The 2021 annual cash flow statement of Schroders plc showed that the net income increased by £137.80M (28%) compared to previous reporting period. Also the capital expenditure of SDR increased by £3.40M (4%).

As of 2021, the total cash from investing activities was 117.4M and total cash from financing activities was -429.7M.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 623.8M 486M
Capital Expenditures -89.4M -92.8M
Dividends Paid -318.6M -311.7M
Total Cash From From Investing Activities 117.4M 151.3M
Total Cash From From Financing Activities -429.7M -431.1M

Schroders plc Annual Report History

Income Statement

Income Statement history of Schroders plc (LSE:SDR)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 3.12B 2.61B 2.61B 2.68B
Cost Of Revenue 556.4M 453.1M 484.6M 555.7M
Gross Profit 2.56B 2.16B 2.12B 2.12B
Research Development - - - -
Selling General Administrative 1.59B 1.33B 1.3B 1.31B
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 2.31B 1.95B 1.93B 1.95B
Operating Income 806.6M 657M 680.3M 731.6M
Total Other Income Expense Net -42.5M -46.5M -55.7M -81.7M
Ebit 806.6M 657M 680.3M 731.6M
Interest Expense -12.8M -12M -12.4M -12.4M
Income Before Tax 764.1M 610.5M 624.6M 649.9M
Income Tax Expense 140.3M 124.5M 128.9M 145.2M
Minority Interest 139.8M 83.1M 66.6M 2.7M
Net Income From Continuing Ops 623.8M 486M 495.7M 504.7M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 623.8M 486M 495.7M 504.7M
Net Income Applicable To Common Shares 611.9M 476.3M 494.1M 504.7M

Balance Sheet Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 4.21B 3.47B 2.66B 2.68B
Net Receivables 1.33B 1.25B 1.27B 1.43B
Other Current Assets 365.6M 192.4M 214.9M 217.5M
Total Current Assets 7.74B 6.42B 5.41B 5.66B
Long Term Investments 986.5M 1.1B 1.38B 1.24B
Property Plant Equipment 560M 590.9M 652.3M 249.4M
Good Will 803.4M 811.7M 761.8M 676.5M
Intangible Assets 365.1M 396.3M 371.6M 291.7M
Other Assets 13.89B 12.35B 12.69B 11.52B
Deferred Long Term Asset Charges 145M 32.9M 36.9M 42.8M
Total Assets 24.34B 21.67B 21.27B 19.63B
Accounts Payable 8.8M 11M 15.7M 17.3M
Other Current Liab 4.87B 4.15B 3.62B 3.79B
Other Liab 13.84B 12.41B 12.76B 11.57B
Minority Interest 139.8M 83.1M 66.6M 2.7M
Total Current Liabilities 5.74B 4.82B 4.27B 4.44B
Total Liab 19.92B 17.59B 17.42B 16.01B
Common Stock 282.5M 282.5M 282.5M 282.5M
Retained Earnings 3.88B 3.59B 3.41B 3.19B
Treasury Stock -5.6M 5.8M -40.7M 20.5M
Capital Surplus 124.2M 124.2M 124.2M 124.2M
Other Stockholder Equity 144.6M 165.6M 128.4M 184.4M
Total Stockholder Equity 4.29B 4B 3.78B 3.62B
Net Tangible Assets 3.12B 2.79B 2.65B 2.65B
Long Term Debt - - - -

Cash Flow Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 623.8M 486M 495.7M 504.7M
Depreciation 68.6M 84M 71.5M 21.8M
Change To Netincome -24.1M -23.3M 35.6M 99.6M
Change To Account Receivables -10.5M -6.9M -101M -36.2M
Change To Liabilities 149.4M -26.7M -57.5M 12M
Change To Operating Activities 366.3M 270.9M 520.5M -117.4M
Total Cash From Operating Activities 1.23B 832.5M 1B 513.9M
Capital Expenditures -89.4M -92.8M -142.9M -204.1M
Investments 213M 247.5M 114.5M -94.5M
Other Cashflows From Investing Activities 12.5M 14.9M 22.5M 27.8M
Total Cashflows From Investing Activities 117.4M 151.3M -158.3M -402.6M
Dividends Paid -318.6M -311.7M -312.3M -311.7M
Net Borrowings -47.5M -44.4M -26.5M -26.5M
Other Cashflows From Financing Activities 11.7M -16.7M -47.2M -2.1M
Total Cash From Financing Activities -429.7M -431.1M -467M -388.7M
Effect Of Exchange Rate -18.8M 30.3M -25.4M 39.5M
Change In Cash 903.1M 583M 351.3M -237.9M
Repurchase Of Stock -75.3M -58.3M -81M -74.9M