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
1.95B
Gross Profit
530.8M
EBIT
506.2M
Net Tangible Assets
992.9M
Net Income
-87.2M
Capital Expenditures
-610.3M

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 £40.90M (9%). 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)

20222021
Total Revenue1.95B1.83B
Gross Profit530.8M510.7M
Operating Income506.2M465.3M
Income Before Tax274.1M267.2M
Net Income-87.2M212.2M

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 992.9M which is £109.60M (12%) 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)

20222021
Cash115.4M56.2M
Total Assets11.55B 11.02B
Long Term Debt6.37B6.09B
Total Liabilities10.29B 9.88B
Total Shareholder Equity1.26B1.14B
Net Tangible Assets992.9M883.3M

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)

20222021
Net Income-87.2M212.2M
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 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue1.95B1.83B1.85B1.79B
Cost Of Revenue1.42B1.32B1.24B1.19B
Gross Profit530.8M510.7M611.1M598.5M
Research Development----
Selling General Administrative-5.4M11.1M13.8M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.44B1.36B1.29B1.23B
Operating Income506.2M465.3M557.1M559.1M
Total Other Income Expense Net-232.1M-198.1M-246.4M-174.4M
Ebit506.2M465.3M557.1M559.1M
Interest Expense-324.1M-181.8M-176.4M-178.7M
Income Before Tax274.1M267.2M310.7M384.7M
Income Tax Expense361.3M55M151.9M69.4M
Minority Interest----
Net Income From Continuing Ops-87.2M212.2M158.8M315.3M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-87.2M212.2M158.8M315.3M
Net Income Applicable To Common Shares-87.2M212.2M158.8M315.3M

Balance Sheet Statement

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

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash115.4M56.2M48.6M41M
Net Receivables612.6M500.3M548.5M496.9M
Inventory32M30.8M29.2M20.8M
Other Current Assets27.6M3.8M-100k
Total Current Assets787.6M606M642.3M575.4M
Long Term Investments16.5M-4.9M63.1M
Property Plant Equipment10.34B10.01B9.71B9.09B
Good Will91.4M91.4M91.4M90.9M
Intangible Assets179.6M164M153.8M124.2M
Other Assets140.8M155.7M199.7M264.9M
Total Assets11.55B11.02B10.8B10.2B
Accounts Payable655.5M40.8M45.4M32.2M
Short Long Term Debt365.2M483.2M469.6M191.5M
Other Current Liab38.4M42M56.2M81.9M
Long Term Debt6.37B6.09B5.84B5.87B
Other Liab2.87B2.6B2.53B2.33B
Total Current Liabilities1.06B1.08B1.07B735.2M
Total Liab10.29B9.88B9.56B9.04B
Common Stock248.1M237.2M236.5M235.9M
Retained Earnings473M651.7M802.3M707.4M
Treasury Stock148.4M101.7M67.9M92.8M
Capital Surplus394.4M148.1M137M128M
Other Stockholder Equity148.4M101.7M67.9M92.8M
Total Stockholder Equity1.26B1.14B1.24B1.16B
Net Tangible Assets992.9M883.3M998.5M949M

Cash Flow Statement

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

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income-87.2M212.2M158.8M315.3M
Depreciation401.6M347.7M336.1M316.1M
Change To Netincome565M225.6M357.1M243.8M
Change To Account Receivables-87.6M51.6M-12.8M-60M
Change To Liabilities99.9M10.9M32.6M8.2M
Change To Inventory-1.2M-1.6M-8.4M-1.7M
Total Cash From Operating Activities890.5M878.5M894.2M851.5M
Capital Expenditures-610.3M-613.7M-777.2M-782.1M
Other Cashflows From Investing Activities-11.1M2M37.6M800k
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-83.7M21.7M
Change In Cash63.7M-4.6M9M1.1M
Issuance Of Stock257.2M11.8M9.6M11.1M