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
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 |