Unilever PLC (LSE:ULVR) Annual Report 2022

The latest annual report of Unilever PLC (ULVR) was published on 31 Dec 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 - ULVR Annual Results

Amounts in EUR

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

ULVR Income Statement 2022 Annual Report

As per the latest Income Statement of ULVR, the Net revenue increased by €7.629B (15%) compared to the previous period. The operating income in 2022 increased by €88.00M (1%). The net income as per the annual report was 7.64B which increased by €1.593B (26%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 60.07B 52.44B
Gross Profit 24.17B 22.18B
Operating Income 9.72B 9.64B
Income Before Tax 10.34B 8.56B
Net Income 7.64B 6.05B

Balance Sheet - ULVR 2022 Annual Report

Read further: ULVR Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Unilever PLC showed the company increased the cash on balance sheet by €911.00M (27%). The Net tangible assets of ULVR on the balance sheet were at -21.47B which is €16.00M (0%) more than previous annual report. The total stockholder equity also increased by €1.914B (11%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 4.33B 3.42B
Total Assets 77.82B 75.09B
Long Term Debt 22.64B 21.6B
Total Liabilities 56.12B 55.35B
Total Shareholder Equity 19.02B 17.11B
Net Tangible Assets -21.47B -21.48B

Cash Flow Statement - ULVR 2022 Annual Report

The 2022 annual cash flow statement of Unilever PLC showed that the net income increased by €1.593B (26%) compared to previous reporting period. Also the capital expenditure of ULVR decreased by €-348.00M (-31%).

As of 2022, the total cash from investing activities was 2.45B and total cash from financing activities was -8.89B.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 7.64B 6.05B
Capital Expenditures -1.46B -1.11B
Dividends Paid -4.33B -4.48B
Total Cash From From Investing Activities 2.45B -3.25B
Total Cash From From Financing Activities -8.89B -7.1B

Unilever PLC Annual Report History

Income Statement

Income Statement history of Unilever PLC (LSE:ULVR)

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Total Revenue 60.07B 52.44B 50.72B 51.98B
Cost Of Revenue 35.91B 30.26B 28.68B 29.1B
Gross Profit 24.17B 22.18B 22.04B 22.88B
Research Development 908M 847M 800M 840M
Selling General Administrative 13.53B 11.71B 11.88B 12.12B
Non Recurring - - - -
Other Operating Expenses 2M -11M -11M -11M
Total Operating Expenses 50.35B 42.81B 41.37B 42.06B
Operating Income 9.72B 9.64B 9.36B 9.92B
Total Other Income Expense Net 612M -1.08B -1.36B -1.63B
Ebit 9.72B 9.64B 9.36B 9.92B
Interest Expense -769M -489M -703M -763M
Income Before Tax 10.34B 8.56B 8B 8.29B
Income Tax Expense 2.07B 1.94B 1.92B 2.26B
Minority Interest 2.68B 2.64B 2.39B 694M
Net Income From Continuing Ops 8.27B 6.62B 6.07B 6.03B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 7.64B 6.05B 5.58B 5.62B
Net Income Applicable To Common Shares 7.64B 6.05B 5.58B 5.62B

Balance Sheet Statement

Balance Sheet Statement history of Unilever PLC (LSE:ULVR)

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Cash 4.33B 3.42B 5.55B 4.18B
Net Receivables 5.68B 4.5B 4.37B 5.9B
Inventory 5.93B 4.68B 4.46B 4.16B
Total Current Assets 19.16B 17.4B 16.16B 16.43B
Long Term Investments 1B 1.06B 794M 756M
Property Plant Equipment 10.77B 10.35B 10.56B 12.06B
Good Will 21.61B 20.33B 18.94B 18.07B
Intangible Assets 18.88B 18.26B 16B 12.96B
Other Assets 6.41B 7.69B 5.21B 4.53B
Deferred Long Term Asset Charges 1.05B 1.47B 1.47B 1.34B
Total Assets 77.82B 75.09B 67.66B 64.81B
Accounts Payable 11.1B 8.9B 8.38B 9.19B
Short Long Term Debt 3.28B 2.85B 2.16B 2.96B
Other Current Liab 2.69B 3.75B 3.09B 2.44B
Long Term Debt 22.64B 21.6B 21.45B 22.03B
Other Liab 6.98B 7.69B 6.57B 6.38B
Minority Interest 2.68B 2.64B 2.39B 694M
Total Current Liabilities 25.43B 24.78B 20.59B 20.98B
Total Liab 56.12B 55.35B 50B 50.92B
Common Stock 92M 92M 92M 420M
Retained Earnings 50.25B 46.74B 22.55B 18.21B
Treasury Stock -84.17B -82.57B -80.85B -5.57B
Capital Surplus 52.84B 52.84B 73.47B 134M
Other Stockholder Equity -79.36B -79.17B -80.36B -4.87B
Total Stockholder Equity 19.02B 17.11B 15.27B 13.19B
Net Tangible Assets -21.47B -21.48B -19.68B -17.84B

Cash Flow Statement

Cash Flow Statement history of Unilever PLC (LSE:ULVR)

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net Income 7.64B 6.05B 5.58B 5.62B
Depreciation 1.73B 1.54B 2.02B 1.96B
Change To Netincome -1.88B 207M 779M 529M
Change To Account Receivables -1.85B -307M 1.12B -445M
Change To Liabilities 2.83B 718M 142M 123M
Change To Inventory -1.4B -458M -587M 313M
Total Cash From Operating Activities 7.28B 7.97B 9.06B 8.11B
Capital Expenditures -1.46B -1.11B -863M -1.32B
Investments -35M -252M 481M -173M
Other Cashflows From Investing Activities 472M 333M 357M 310M
Total Cashflows From Investing Activities 2.45B -3.25B -1.48B -2.24B
Dividends Paid -4.33B -4.48B -4.28B -4.21B
Net Borrowings -1.73B 1.39B -181M 901M
Other Cashflows From Financing Activities -1.32B -988M -1.34B -1.16B
Total Cash From Financing Activities -8.89B -7.1B -5.8B -4.67B
Effect Of Exchange Rate -7M 285M -414M -179M
Change In Cash 838M -2.09B 1.36B 1.03B
Repurchase Of Stock -1.51B -3.02B -3.02B -201M