The Sage Group plc (LSE:SGE) Annual Report 2021

The latest annual report of The Sage Group plc (SGE) was published on 30 Sep 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 - SGE Annual Results

Amounts in GBP

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

SGE Income Statement 2021 Annual Report

As per the latest Income Statement of SGE, the Net revenue decreased by £-57.00M (-3%) compared to the previous period. The operating income in 2021 decreased by £-66.00M (-13%). The net income as per the annual report was 285M which decreased by £-25.00M (-8%) compared to previous year.

Income Statement Report (2021/2020)

Total Revenue1.85B1.9B
Gross Profit1.72B1.78B
Operating Income453M519M
Income Before Tax347M373M
Net Income285M310M

Balance Sheet - SGE 2021 Annual Report

Read further: SGE Balance Sheet Detailed Analysis

The latest balance sheet from annual result of The Sage Group plc showed the company reduced the cash on balance sheet by £-278.00M (-33%). The Net tangible assets of SGE on the balance sheet were at -956M which is £-434.00M (-83%) less than previous annual report. The total stockholder equity also decreased by £-541.00M (-33%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

Total Assets3.33B 3.71B
Long Term Debt667M877M
Total Liabilities2.22B 2.06B
Total Shareholder Equity1.11B1.65B
Net Tangible Assets-956M-522M

Cash Flow Statement - SGE 2021 Annual Report

The 2021 annual cash flow statement of The Sage Group plc showed that the net income decreased by £-25.00M (-8%) compared to previous reporting period. Also the capital expenditure of SGE decreased by £-15.00M (-62%).

As of 2021, the total cash from investing activities was 62M and total cash from financing activities was -694M.

Cash Flow Statement Report (2021/2020)

Net Income285M310M
Capital Expenditures-39M-24M
Dividends Paid-189M-186M
Total Cash From From Investing Activities62M179M
Total Cash From From Financing Activities-694M-88M

The Sage Group plc Annual Report History

Income Statement

Income Statement history of The Sage Group plc (LSE:SGE)

30 Sep 202130 Sep 202030 Sep 201930 Sep 2018
Total Revenue1.85B1.9B1.94B1.85B
Cost Of Revenue131M126M138M130M
Gross Profit1.72B1.78B1.8B1.72B
Research Development----
Selling General Administrative1.17B1.11B1.26B1.18B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.39B1.38B1.49B1.39B
Operating Income453M519M445M453M
Total Other Income Expense Net-106M-146M-84M-55M
Interest Expense-27M-28M-29M-33M
Income Before Tax347M373M361M398M
Income Tax Expense62M63M95M103M
Minority Interest----
Net Income From Continuing Ops285M310M266M295M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income285M310M266M295M
Net Income Applicable To Common Shares285M310M266M295M

Balance Sheet Statement

Balance Sheet Statement history of The Sage Group plc (LSE:SGE)

30 Sep 202130 Sep 202030 Sep 201930 Sep 2018
Net Receivables248M225M275M398M
Other Current Assets75M142M100M113M
Total Current Assets924M1.25B801M849M
Long Term Investments21M1M4M18M
Property Plant Equipment164M173M117M129M
Good Will1.88B1.96B2.08B2.01B
Intangible Assets190M212M245M260M
Other Assets153M121M104M53M
Deferred Long Term Asset Charges40M35M31M51M
Total Assets3.33B3.71B3.35B3.32B
Accounts Payable39M25M16M29M
Short Long Term Debt47M-122M-
Other Current Liab1.02B732M751M798M
Long Term Debt667M877M643M913M
Other Liab89M78M81M72M
Deferred Long Term Liab97M79M65M-
Total Current Liabilities1.38B1.01B1.13B1B
Total Liab2.22B2.06B1.85B1.99B
Common Stock12M12M12M12M
Retained Earnings448M908M760M621M
Treasury Stock103M184M184M146M
Capital Surplus548M548M548M548M
Other Stockholder Equity103M184M184M146M
Total Stockholder Equity1.11B1.65B1.5B1.33B
Net Tangible Assets-956M-522M-824M-941M

Cash Flow Statement

Cash Flow Statement history of The Sage Group plc (LSE:SGE)

30 Sep 202130 Sep 202030 Sep 201930 Sep 2018
Net Income285M310M266M295M
Change To Netincome-99M-76M36M50M
Change To Account Receivables-35M26M18M7M
Change To Liabilities144M54M84M-29M
Total Cash From Operating Activities376M406M472M393M
Capital Expenditures-39M-24M-27M-20M
Other Cashflows From Investing Activities1M3M3M4M
Total Cashflows From Investing Activities62M179M7M-58M
Dividends Paid-189M-186M-181M-171M
Net Borrowings-159M97M-180M-59M
Other Cashflows From Financing Activities-1M-1M-79M-1M
Total Cash From Financing Activities-694M-88M-437M-228M
Effect Of Exchange Rate-25M-21M8M2M
Change In Cash-281M476M50M109M
Repurchase Of Stock-353M-7M-7M-7M
Issuance Of Stock8M9M3M3M