BIFFA PLC financials
BIFFA PLC
Country: GB Reporting currency: GBP Latest annual report: 2022-03-25
LEI:
2138008RB4WDK7HYYS91 Financial statements
(GBP, as reported — unscaled; 105 line items across 2 annual periods)
| Line item | 2022 | 2021 |
|---|---|---|
| Income statement | ||
| Revenue | £1.44B | £1.04B |
| Cost of sales | £1.35B | £1.00B |
| Gross profit | £91.7M | £41.7M |
| Operating expenses | £75.0M | £57.4M |
| Operating profit (EBIT) | -£8.3M | -£37.6M |
| Finance costs | £22.4M | £17.6M |
| Profit before tax | -£28.6M | -£52.8M |
| Income tax expense | -£11.0M | -£12.3M |
| Profit for the year | -£17.6M | -£40.5M |
| — attributable to owners | -£17.6M | -£40.5M |
| Total comprehensive income | £32.4M | -£61.6M |
| Per share | ||
| Basic EPS | £-0.06 | £-0.14 |
| Diluted EPS | £-0.06 | £-0.13 |
| Free cash flow / share | £0.25 | £0.26 |
| Cash flow statement | ||
| Cash generated from operations | £144.6M | £123.5M |
| Net cash from operating activities | £144.3M | £122.9M |
| Net cash from investing activities | -£210.2M | -£160.4M |
| Purchase of PP&E (capex) | £67.2M | £45.0M |
| Purchase of intangibles | £2.1M | £3.9M |
| Net cash from financing activities | £75.9M | -£19.5M |
| Dividends paid | £6.7M | £0 |
| Proceeds from borrowings | £345.0M | £70.0M |
| Repayments of borrowings | £191.1M | £128.6M |
| Lease liability payments | £53.1M | £43.4M |
| Balance sheet | ||
| Non-current assets | £1.32B | £1.16B |
| Property, plant & equipment | £617.2M | £562.2M |
| Intangible assets & goodwill | £264.3M | £224.3M |
| Current assets | £375.7M | £258.1M |
| Inventories | £35.2M | £22.3M |
| Trade & other receivables | £207.6M | £141.3M |
| Cash & equivalents | £40.8M | £30.8M |
| Total equity | £483.3M | £457.9M |
| — attributable to owners | £483.3M | £457.9M |
| Non-current liabilities | £770.3M | £602.1M |
| Long-term borrowings | £368.3M | £245.2M |
| Lease liabilities (non-current) | £222.5M | £229.0M |
| Current liabilities | £446.3M | £360.6M |
| Lease liabilities (current) | £53.8M | £54.7M |
| Trade & other payables | £340.7M | £257.8M |
| Deferred tax liabilities | £32.5M | £11.1M |
| Derived metrics | ||
| Free cash flow | £77.1M | £77.9M |
| Operating margin | -0.6% | -3.6% |
| Net margin | -1.2% | -3.9% |
| Return on equity | -3.6% | -8.8% |
| Cash conversion ratio | -8.20× | -3.03× |
| Capex coverage | 2.15× | 2.73× |
| Other reported items | ||
| Adjustments For Amortisation Expense | £30.7M | £28.6M |
| Adjustments For Decrease Increase In Inventories | -£12.2M | -£2.4M |
| Adjustments For Decrease Increase In Other Assets | -£3.4M | -£5.5M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -£72.7M | £36.7M |
| Adjustments For Depreciation Expense | £94.9M | £87.2M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £25.0M | £28.7M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -£4.2M | -£4.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | £62.8M | -£33.8M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -£6.2M | £300.0K |
| Adjustments For Provisions | £13.7M | £24.3M |
| Adjustments For Sharebased Payments | £3.7M | £3.8M |
| Cash Advances and Loans Made To Related Parties | £7.5M | £3.6M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £135.8M | £119.1M |
| Comprehensive Income Attributable To Owners of Parent | £32.4M | -£61.6M |
| Current Assets Liabilities | -£70.6M | -£102.5M |
| Current Contract Assets | £71.8M | £50.6M |
| Current Contract Liabilities | £27.1M | £19.6M |
| Current Derivative Financial Assets | £4.0M | £300.0K |
| Current Derivative Financial Liabilities | £200.0K | £3.0M |
| Current Financial Assets | £16.3M | £12.8M |
| Current Provisions | £20.3M | £16.1M |
| Decrease Increase Through Tax On Sharebased Payment Transactions | — | -£1.5M |
| Finance Income | £3.2M | £3.2M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £25.0M | £21.9M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | £2.2M | £0 |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | £15.0M | -£4.1M |
| Income Taxes Paid Refund Classified As Operating Activities | £300.0K | £600.0K |
| Increase Decrease In Cash and Cash Equivalents | £10.0M | -£57.0M |
| Increase Decrease Through Exercise of Options | £600.0K | — |
| Increase Decrease Through Sharebased Payment Transactions | £2.7M | £3.2M |
| Increase Decrease Through Treasury Share Transactions | £3.6M | £4.4M |
| Intangible Assets Other Than Goodwill | £222.9M | £182.5M |
| Interest Paid Classified As Financing Activities | £19.3M | £14.6M |
| Interest Received Classified As Investing Activities | £0 | £100.0K |
| Investments In Joint Ventures Accounted For Using Equity Method | £29.4M | £9.6M |
| Issue of Equity | — | £10.5M |
| Issued Capital | £3.1M | £3.1M |
| Merger Reserve | £170.3M | £170.3M |
| Net Assets Liabilities | £483.3M | £457.9M |
| Noncurrent Derivative Financial Assets | £7.7M | £0 |
| Noncurrent Derivative Financial Liabilities | £0 | £900.0K |
| Noncurrent Loans and Receivables | £14.3M | £6.0M |
| Noncurrent Payables | £6.6M | £14.6M |
| Noncurrent Provisions | £137.4M | £101.3M |
| Noncurrent Receivables | £2.3M | £65.8M |
| Noncurrent Recognised Assets Defined Benefit Plan | £166.1M | £112.1M |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | £17.5M | £8.4M |
| Other Cash Receipts From Sales of Interests In Joint Ventures Classified As Investing Activities | £0 | £2.8M |
| Other Comprehensive Income | £50.0M | -£21.1M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £48.7M | -£21.6M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | £16.3M | -£3.6M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | £33.7M | -£17.5M |
| Payments To Acquire Or Redeem Entitys Shares | £3.6M | £4.5M |
| Proceeds From Exercise of Options | £600.0K | £4.9M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £6.9M | £800.0K |
| Reserve of Cash Flow Hedges | £9.9M | -£6.4M |
| Retained Earnings | £52.4M | £43.9M |
| Share of Profit Loss of Joint Ventures Accounted For Using Equity Method | -£1.1M | -£800.0K |
| Share Premium | £247.6M | £247.0M |
Methodology
Every line item above is a fact tagged in BIFFA 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.