ASSOCIATED BRITISH FOODS PLC financials
ASSOCIATED BRITISH FOODS PLC
Country: GB Reporting currency: GBP Latest annual report: 2025-09-13
LEI:
GBQKSY6W7G0OHCQ8OQ72 Financial statements
(GBP, as reported — unscaled; 118 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £19.46B | £20.07B |
| Operating profit (EBIT) | £1.48B | £1.93B |
| Finance costs | £132.0M | £135.0M |
| Profit before tax | £1.41B | £1.92B |
| Income tax expense | £368.0M | £437.0M |
| Profit for the year | £1.04B | £1.48B |
| — attributable to owners | £1.02B | £1.46B |
| — attributable to NCI | £20.0M | £25.0M |
| Total comprehensive income | £1.14B | £1.16B |
| Per share | ||
| Basic EPS | £1.42 | £1.94 |
| Diluted EPS | £1.42 | £1.94 |
| Free cash flow / share | £1.53 | £2.29 |
| Cash flow statement | ||
| Cash generated from operations | £2.53B | £3.21B |
| Net cash from operating activities | £2.23B | £2.87B |
| Net cash from investing activities | -£721.0M | -£1.33B |
| Purchase of PP&E (capex) | £1.10B | £1.12B |
| Purchase of intangibles | £135.0M | £60.0M |
| Net cash from financing activities | -£1.79B | -£1.57B |
| Lease liability payments | £351.0M | £348.0M |
| Net change in cash | -£281.0M | -£27.0M |
| Balance sheet | ||
| Total assets | £19.29B | £19.01B |
| Non-current assets | £13.09B | £12.49B |
| Property, plant & equipment | £6.59B | £6.10B |
| Right-of-use assets | £2.22B | £2.25B |
| Intangible assets & goodwill | £1.89B | £1.90B |
| Current assets | £6.20B | £6.52B |
| Inventories | £3.17B | £2.94B |
| Trade & other receivables | £1.69B | £1.70B |
| Cash & equivalents | £1.06B | £1.32B |
| Total equity | £11.19B | £11.28B |
| — attributable to owners | £11.06B | £11.19B |
| Non-controlling interests | £127.0M | £92.0M |
| Non-current liabilities | £4.07B | £4.07B |
| Long-term borrowings | £409.0M | £454.0M |
| Lease liabilities (non-current) | £2.73B | £2.80B |
| Current liabilities | £4.04B | £3.67B |
| Short-term borrowings | £258.0M | £159.0M |
| Lease liabilities (current) | £293.0M | £267.0M |
| Trade & other payables | £3.07B | £2.93B |
| Deferred tax liabilities | £781.0M | £682.0M |
| Derived metrics | ||
| Free cash flow | £1.13B | £1.75B |
| Operating margin | 7.6% | 9.6% |
| Net margin | 5.4% | 7.4% |
| Return on equity | 9.3% | 13.1% |
| Cash conversion ratio | 2.13× | 1.94× |
| Capex coverage | 2.03× | 2.56× |
| Other reported items | ||
| Adjustments For Amortisation Expense | £95.0M | £100.0M |
| Adjustments For Decrease Increase In Biological Assets | £1.0M | £1.0M |
| Adjustments For Decrease Increase In Inventories | -£223.0M | £169.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -£13.0M | £23.0M |
| Adjustments For Depreciation Expense | £893.0M | £849.0M |
| Adjustments For Finance Costs | £132.0M | £135.0M |
| Adjustments For Finance Income | £47.0M | £71.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | £141.0M | £113.0M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | £9.0M | -£16.0M |
| Adjustments For Provisions | -£32.0M | £30.0M |
| Adjustments For Sharebased Payments | £18.0M | £31.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | £103.0M | £117.0M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £926.0M | £1.24B |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | -£4.0M | £24.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £4.0M | £93.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | £43.0M | £5.0M |
| Comprehensive Income Attributable To Owners of Parent | £1.10B | £1.16B |
| Current Biological Assets | £120.0M | £94.0M |
| Current Derivative Financial Assets | £23.0M | £28.0M |
| Current Derivative Financial Liabilities | £158.0M | £97.0M |
| Current Investments | £0 | £334.0M |
| Current Provisions | £91.0M | £78.0M |
| Current Tax Assets Current | £105.0M | £102.0M |
| Current Tax Liabilities | £167.0M | £133.0M |
| Current Tax Liabilities Noncurrent | £15.0M | £0 |
| Decrease Increase Through Tax On Sharebased Payment Transactions | -£1.0M | -£2.0M |
| Deferred Tax Assets | £230.0M | £223.0M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £656.0M | £502.0M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | £8.0M | £13.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | £303.0M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | £0.42 | — |
| Dividends Received From Investments Accounted For Using Equity Method Classified As Investing Activities | £108.0M | £105.0M |
| Dividends Recognised As Distributions To Noncontrolling Interests | £8.0M | £13.0M |
| Dividends Recognised As Distributions To Owners of Parent | £656.0M | £502.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£28.0M | -£126.0M |
| Finance Income | £47.0M | £71.0M |
| Gains Losses On Cash Flow Hedges Before Tax | -£96.0M | -£51.0M |
| Gains Losses On Disposals of Noncurrent Assets | -£9.0M | £16.0M |
| Gains Losses On Hedges of Net Investments In Foreign Operations Before Tax | £1.0M | £0 |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | -£11.0M | -£13.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | £37.0M | £10.0M |
| Income Taxes Paid Refund Classified As Operating Activities | £298.0M | £340.0M |
| Increase Decrease Through Transactions With Owners | -£1.27B | -£1.07B |
| Interest Paid Classified As Financing Activities | £143.0M | £140.0M |
| Interest Received Classified As Investing Activities | £49.0M | £71.0M |
| Investment Property | £96.0M | £105.0M |
| Investments In Associates | £100.0M | £95.0M |
| Investments In Joint Ventures | £270.0M | £286.0M |
| Issued Capital | £40.0M | £42.0M |
| Liabilities | £8.11B | £7.74B |
| Net Assets Liabilities | £11.19B | £11.28B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | £35.0M | £0 |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | £35.0M | £30.0M |
| Noncurrent Provisions | £70.0M | £60.0M |
| Noncurrent Recognised Assets Defined Benefit Plan | £1.66B | £1.51B |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £69.0M | £74.0M |
| Other Comprehensive Income | £97.0M | -£316.0M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -£29.0M | -£349.0M |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | £2.0M | -£5.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £155.0M | £38.0M |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | £2.0M | — |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -£21.0M | -£344.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | £118.0M | £28.0M |
| Other Finance Income | £47.0M | £23.0M |
| Payments To Acquire Or Redeem Entitys Shares | £603.0M | £562.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £13.0M | £43.0M |
| Purchase of Treasury Shares | £597.0M | £568.0M |
| Reserve of Cash Flow Hedges | -£96.0M | -£45.0M |
| Reserve of Exchange Differences On Translation | -£444.0M | -£383.0M |
| Retained Earnings | £11.38B | £11.39B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -£10.0M | -£10.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | £103.0M | £117.0M |
Methodology
Every line item above is a fact tagged in ASSOCIATED BRITISH FOODS PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.