SEGRO Plc (LSE:SGRO) Annual Report 2021

The latest annual report of SEGRO Plc (SGRO) 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 - SGRO Annual Results

Amounts in GBP

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

SGRO Income Statement 2021 Annual Report

As per the latest Income Statement of SGRO, the Net revenue increased by £114.00M (26%) compared to the previous period. The operating income in 2021 increased by £70.00M (25%). The net income as per the annual report was 4.06B which increased by £2.633B (185%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 546M 432M
Gross Profit 406M 328M
Operating Income 346M 276M
Income Before Tax 4.36B 1.46B
Net Income 4.06B 1.43B

Balance Sheet - SGRO 2021 Annual Report

Read further: SGRO Balance Sheet Detailed Analysis

The latest balance sheet from annual result of SEGRO Plc showed the company reduced the cash on balance sheet by £-44.00M (-49%). The Net tangible assets of SGRO on the balance sheet were at 13.43B which is £3.77B (39%) more than previous annual report. The total stockholder equity also increased by £3.777B (39%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 45M 89M
Total Assets 17.78B 12.67B
Long Term Debt 3.46B 2.42B
Total Liabilities 4.35B 3B
Total Shareholder Equity 13.44B 9.66B
Net Tangible Assets 13.43B 9.66B

Cash Flow Statement - SGRO 2021 Annual Report

The 2021 annual cash flow statement of SEGRO Plc showed that the net income increased by £2.633B (185%) compared to previous reporting period. Also the capital expenditure of SGRO decreased by £-2.00M (-40%).

As of 2021, the total cash from investing activities was -1.27B and total cash from financing activities was 918M.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 4.06B 1.43B
Capital Expenditures -7M -5M
Dividends Paid -176M -179M
Total Cash From From Investing Activities -1.27B -1.11B
Total Cash From From Financing Activities 918M 863M

SEGRO Plc Annual Report History

Income Statement

Income Statement history of SEGRO Plc (LSE:SGRO)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 546M 432M 432.5M 369M
Cost Of Revenue 140M 104M 123.9M 76.5M
Gross Profit 406M 328M 308.6M 292.5M
Research Development - - - -
Selling General Administrative 59M 52M 51.5M 43.2M
Non Recurring - - - -
Other Operating Expenses 1M 1M -1.4M -1.4M
Total Operating Expenses 200M 156M 174M 119.7M
Operating Income 346M 276M 258.5M 249.3M
Total Other Income Expense Net 4.01B 1.19B 643.5M 849.8M
Ebit 346M 276M 258.5M 249.3M
Interest Expense -146M -53M -61M -98.5M
Income Before Tax 4.36B 1.46B 902M 1.1B
Income Tax Expense 288M 35M 41.4M 33M
Minority Interest - 12M 12M 12M
Net Income From Continuing Ops 4.07B 1.43B 860.6M 1.07B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 4.06B 1.43B 857.9M 1.06B
Net Income Applicable To Common Shares 4.06B 1.43B 857.9M 1.06B

Balance Sheet Statement

Balance Sheet Statement history of SEGRO Plc (LSE:SGRO)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 45M 89M 132.5M 66.5M
Net Receivables 237M 257M 123.5M 116.2M
Inventory 45M 52M 20.2M 51.7M
Other Current Assets 21M 28M 29.3M 14.9M
Total Current Assets 351M 426M 308M 258.6M
Long Term Investments 1.83B 1.49B 1.2B 1.05B
Property Plant Equipment 92M 103M 93.2M 13.3M
Intangible Assets 9M 2M 2.5M 3.9M
Other Assets 15.5B 10.65B 8.48B 7.84B
Total Assets 17.78B 12.67B 10.08B 9.17B
Accounts Payable 5M 5M 2.7M 2M
Other Current Liab 510M 374M 281.8M 282.1M
Long Term Debt 3.46B 2.42B 1.94B 2.24B
Other Liab 294M 118M 79.8M 56M
Total Current Liabilities 517M 381M 305.5M 305.1M
Total Liab 4.35B 3B 2.41B 2.6B
Common Stock 120M 119M 109.6M 101.3M
Retained Earnings 9.69B 5.9B 4.7B 4.06B
Treasury Stock 253M 366M 310.8M 358.1M
Capital Surplus 3.37B 3.28B 2.55B 2.05B
Other Stockholder Equity 254M 367M 313.4M 360.1M
Total Stockholder Equity 13.44B 9.66B 7.68B 6.56B
Net Tangible Assets 13.43B 9.66B 7.68B 6.56B

Cash Flow Statement

Cash Flow Statement history of SEGRO Plc (LSE:SGRO)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 4.06B 1.43B 857.9M 1.06B
Depreciation 5M 4M 3.4M 2.9M
Change To Netincome -3.74B -1.18B -672.9M -842.9M
Change To Account Receivables -49M -52M -59.3M -13.7M
Change To Liabilities - - - -
Change To Inventory 12M -20M 30.9M -19.5M
Change To Operating Activities 24M 22M 50.3M 10.9M
Total Cash From Operating Activities 311M 199M 210.3M 200.3M
Capital Expenditures -7M -5M -2.7M -1.6M
Investments -43M -40M -13.4M -117.8M
Total Cashflows From Investing Activities -1.27B -1.11B -219.9M -278.1M
Dividends Paid -176M -179M -141.7M -120.4M
Net Borrowings 1.07B 427M -241.8M 162.1M
Other Cashflows From Financing Activities 24M -55M 19M -6.4M
Total Cash From Financing Activities 918M 863M 76.1M 34.8M
Change In Cash -44M -44M 66M -42.8M
Repurchase Of Stock -3M -2M -3.4M -1.1M
Issuance Of Stock 1M 672M 444M 600k