Unilever PLC (LSE:ULVR) Annual Report 2021



The latest annual report of Unilever PLC (ULVR) 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 - ULVR Annual Results

Amounts in EUR

Total Revenue
52.44B
Gross Profit
22.18B
EBIT
9.64B
Net Tangible Assets
-21.48B
Net Income
6.05B
Capital Expenditures
-1.11B

ULVR Income Statement 2021 Annual Report

As per the latest Income Statement of ULVR, the Net revenue increased by €1.72B (3%) compared to the previous period. The operating income in 2021 increased by €279.00M (3%). The net income as per the annual report was 6.05B which increased by €468.00M (8%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 52.44B 50.72B
Gross Profit 22.18B 22.04B
Operating Income 9.64B 9.36B
Income Before Tax 8.56B 8B
Net Income 6.05B 5.58B

Balance Sheet - ULVR 2021 Annual Report

Read further: ULVR Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Unilever PLC showed the company reduced the cash on balance sheet by €-2.133B (-38%). The Net tangible assets of ULVR on the balance sheet were at -21.48B which is €-1.809B (-9%) less than previous annual report. The total stockholder equity also increased by €1.841B (12%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 3.42B 5.55B
Total Assets 75.09B 67.66B
Long Term Debt 21.6B 21.45B
Total Liabilities 55.35B 50B
Total Shareholder Equity 17.11B 15.27B
Net Tangible Assets -21.48B -19.68B

Cash Flow Statement - ULVR 2021 Annual Report

The 2021 annual cash flow statement of Unilever PLC showed that the net income increased by €468.00M (8%) compared to previous reporting period. Also the capital expenditure of ULVR decreased by €-245.00M (-28%).

As of 2021, the total cash from investing activities was -3.25B and total cash from financing activities was -7.1B.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 6.05B 5.58B
Capital Expenditures -1.11B -863M
Dividends Paid -4.48B -4.28B
Total Cash From From Investing Activities -3.25B -1.48B
Total Cash From From Financing Activities -7.1B -5.8B

Unilever PLC Annual Report History

Income Statement

Income Statement history of Unilever PLC (LSE:ULVR)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 52.44B 50.72B 51.98B 50.98B
Cost Of Revenue 30.26B 28.68B 29.1B 28.7B
Gross Profit 22.18B 22.04B 22.88B 22.28B
Research Development 847M 800M 840M 900M
Selling General Administrative 11.71B 11.88B 12.12B 11.94B
Non Recurring - - - -
Other Operating Expenses -11M -11M -11M 109M
Total Operating Expenses 42.81B 41.37B 42.06B 41.65B
Operating Income 9.64B 9.36B 9.92B 9.33B
Total Other Income Expense Net -1.08B -1.36B -1.63B 3.03B
Ebit 9.64B 9.36B 9.92B 9.33B
Interest Expense -489M -682M -763M -731M
Income Before Tax 8.56B 8B 8.29B 12.36B
Income Tax Expense 1.94B 1.92B 2.26B 2.57B
Minority Interest 2.64B 2.39B 694M 720M
Net Income From Continuing Ops 6.62B 6.07B 6.03B 9.79B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 6.05B 5.58B 5.62B 9.37B
Net Income Applicable To Common Shares 6.05B 5.58B 5.62B 9.37B

Balance Sheet Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 3.42B 5.55B 4.18B 3.23B
Short Term Investments 1.1B 691M 786M 835M
Net Receivables 4.5B 4.37B 5.9B 5.51B
Inventory 4.68B 4.46B 4.16B 4.3B
Other Current Assets 2.86B 390M 510M 697M
Total Current Assets 17.4B 16.16B 16.43B 15.48B
Long Term Investments 1.06B 794M 756M 509M
Property Plant Equipment 10.35B 10.56B 12.06B 12.09B
Good Will 20.33B 18.94B 18.07B 17.34B
Intangible Assets 18.26B 16B 12.96B 12.15B
Other Assets 7.69B 5.21B 4.53B 3.54B
Deferred Long Term Asset Charges 1.47B 1.47B 1.34B 1.15B
Total Assets 75.09B 67.66B 64.81B 61.11B
Accounts Payable 8.9B 8.38B 9.19B 9.12B
Short Long Term Debt 2.85B 2.16B 2.96B 2.01B
Other Current Liab 3.75B 3.09B 2.44B 3.19B
Long Term Debt 21.6B 21.45B 22.03B 21.53B
Other Liab 7.69B 6.57B 6.38B 5.72B
Minority Interest 2.64B 2.39B 694M 720M
Total Current Liabilities 24.78B 20.59B 20.98B 20.15B
Total Liab 55.35B 50B 50.92B 48.99B
Common Stock 92M 92M 420M 464M
Retained Earnings 46.74B 22.55B 18.21B 26.02B
Treasury Stock -82.57B -80.85B -5.57B -15.22B
Capital Surplus 52.84B 73.47B 134M 129M
Other Stockholder Equity -79.17B -80.36B -4.87B -5.04B
Total Stockholder Equity 17.11B 15.27B 13.19B 11.4B
Net Tangible Assets -21.48B -19.68B -17.84B -18.1B

Cash Flow Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 6.05B 5.58B 5.62B 9.37B
Depreciation 1.52B 1.74B 1.96B 2.01B
Change To Netincome 224M 779M 529M -3.27B
Change To Account Receivables -307M 1.12B -445M -1.3B
Change To Liabilities 718M 142M 123M 976M
Change To Inventory -458M -587M 313M -471M
Total Cash From Operating Activities 7.97B 9.06B 8.11B 7.32B
Capital Expenditures -1.11B -863M -1.32B -1.33B
Investments -252M 481M -173M 47M
Other Cashflows From Investing Activities 333M 357M 310M 264M
Total Cashflows From Investing Activities -3.25B -1.48B -2.24B 4.64B
Dividends Paid -4.48B -4.28B -4.21B -4.07B
Net Borrowings 1.39B -181M 901M -506M
Other Cashflows From Financing Activities -988M -1.34B -1.16B -1.26B
Total Cash From Financing Activities -7.1B -5.8B -4.67B -12.11B
Effect Of Exchange Rate 285M -414M -179M 72M
Change In Cash -2.09B 1.36B 1.03B -79M
Repurchase Of Stock -3.02B -3.02B -201M -6.28B