Severn Trent Plc (LSE:SVT) Annual Report 2022

The latest annual report of Severn Trent Plc (SVT) 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 - SVT Annual Results

Amounts in GBP

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

SVT Income Statement 2022 Annual Report

As per the latest Income Statement of SVT, the Net revenue increased by £121.40M (7%) compared to the previous period. The operating income in 2022 increased by £30.80M (7%). The net income as per the annual report was -87.2M which decreased by £-299.40M (-141%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 1.95B 1.83B
Gross Profit 531M 514.3M
Operating Income 499.7M 468.9M
Income Before Tax 274.1M 267.2M
Net Income -87.2M 212.2M

Balance Sheet - SVT 2022 Annual Report

Read further: SVT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Severn Trent Plc showed the company increased the cash on balance sheet by £59.20M (105%). The Net tangible assets of SVT on the balance sheet were at 994.2M which is £110.90M (13%) more than previous annual report. The total stockholder equity also increased by £125.20M (11%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 115.4M 56.2M
Total Assets 11.55B 11.02B
Long Term Debt 6.3B 6.09B
Total Liabilities 10.29B 9.88B
Total Shareholder Equity 1.26B 1.14B
Net Tangible Assets 994.2M 883.3M

Cash Flow Statement - SVT 2022 Annual Report

The 2022 annual cash flow statement of Severn Trent Plc showed that the net income decreased by £-299.40M (-141%) compared to previous reporting period. Also the capital expenditure of SVT increased by £3.40M (1%).

As of 2022, the total cash from investing activities was -648.2M and total cash from financing activities was -178.6M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income -87.2M 212.2M
Capital Expenditures -610.3M -613.7M
Dividends Paid -254.5M -240.2M
Total Cash From From Investing Activities -648.2M -631.2M
Total Cash From From Financing Activities -178.6M -251.9M

Severn Trent Plc Annual Report History

Income Statement

Income Statement history of Severn Trent Plc (LSE:SVT)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 1.95B 1.83B 1.85B 1.79B
Cost Of Revenue 1.42B 1.31B 1.24B 1.19B
Gross Profit 531M 514.3M 611.1M 598.5M
Research Development - - - -
Selling General Administrative 6.7M 5.4M 11.1M 13.8M
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 1.45B 1.36B 1.29B 1.23B
Operating Income 499.7M 468.9M 557.1M 559.1M
Total Other Income Expense Net -225.6M -201.7M -246.4M -174.4M
Ebit 499.7M 468.9M 557.1M 559.1M
Interest Expense -262.2M -181.8M -176.4M -178.7M
Income Before Tax 274.1M 267.2M 310.7M 384.7M
Income Tax Expense 361.3M 55M 151.9M 69.4M
Minority Interest - - - -
Net Income From Continuing Ops -87.2M 212.2M 158.8M 315.3M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income -87.2M 212.2M 158.8M 315.3M
Net Income Applicable To Common Shares -87.2M 212.2M 158.8M 315.3M

Balance Sheet Statement

Balance Sheet Statement history of Severn Trent Plc (LSE:SVT)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 115.4M 56.2M 48.6M 41M
Net Receivables 594.1M 500.3M 548.5M 496.9M
Inventory 32M 30.8M 29.2M 20.8M
Other Current Assets 27.6M 3.8M - 100k
Total Current Assets 787.6M 606M 642.3M 575.4M
Long Term Investments 16.5M - 4.9M 63.1M
Property Plant Equipment 10.34B 10.01B 9.71B 9.09B
Good Will 91.4M 91.4M 91.4M 90.9M
Intangible Assets 178.3M 164M 153.8M 124.2M
Other Assets 142.1M 155.7M 199.7M 264.9M
Total Assets 11.55B 11.02B 10.8B 10.2B
Accounts Payable 89.1M 40.8M 45.4M 32.2M
Short Long Term Debt 350.4M 483.2M 469.6M 191.5M
Other Current Liab 81.3M 42M 56.2M 81.9M
Long Term Debt 6.3B 6.09B 5.84B 5.87B
Other Liab 2.83B 2.6B 2.53B 2.33B
Deferred Long Term Liab 1.3M - - -
Total Current Liabilities 1.06B 1.08B 1.07B 735.2M
Total Liab 10.29B 9.88B 9.56B 9.04B
Common Stock 248.1M 237.2M 236.5M 235.9M
Retained Earnings 473M 651.7M 802.3M 707.4M
Treasury Stock 148.4M 101.7M 67.9M 92.8M
Capital Surplus 394.4M 148.1M 137M 128M
Other Stockholder Equity 148.4M 101.7M 67.9M 92.8M
Total Stockholder Equity 1.26B 1.14B 1.24B 1.16B
Net Tangible Assets 994.2M 883.3M 998.5M 949M

Cash Flow Statement

Cash Flow Statement history of Severn Trent Plc (LSE:SVT)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income -87.2M 212.2M 158.8M 315.3M
Depreciation 367.4M 347.7M 336.1M 316.1M
Change To Netincome 565M 225.6M 357.1M 243.8M
Change To Account Receivables -87.6M 51.6M -12.8M -60M
Change To Liabilities 99.9M 10.9M 32.6M 8.2M
Change To Inventory -1.2M -1.6M -8.4M -1.7M
Total Cash From Operating Activities 890.5M 878.5M 894.2M 851.5M
Capital Expenditures -610.3M -613.7M -777.2M -782.1M
Other Cashflows From Investing Activities -11.1M 2M 37.6M 800k
Total Cashflows From Investing Activities -648.2M -631.2M -801.5M -872.1M
Dividends Paid -254.5M -240.2M -228.4M -211.9M
Other Cashflows From Financing Activities -181.3M -190.1M -186.5M -162.4M
Total Cash From Financing Activities -178.6M -251.9M -83.7M 21.7M
Change In Cash 63.7M -4.6M 9M 1.1M
Issuance Of Stock 257.2M 11.8M 9.6M 11.1M