MEGGITT PLC financials
MEGGITT PLC
Country: GB Reporting currency: GBP Latest annual report: 2021-12-31
LEI:
YMFO3TKB4UAWQTDZJJ31 Financial statements
(GBP, as reported — unscaled; 103 line items across 2 annual periods)
| Line item | 2021 | 2020 |
|---|---|---|
| Income statement | ||
| Revenue | £1.49B | £1.68B |
| Cost of sales | £1.02B | £1.20B |
| Gross profit | £472.4M | £483.5M |
| Other income | £26.7M | £37.5M |
| Operating profit (EBIT) | £63.4M | -£297.3M |
| Net finance income / (cost) | -£32.1M | -£36.7M |
| Finance costs | £32.6M | £37.2M |
| Profit before tax | £31.3M | -£334.0M |
| Income tax expense | £100.0K | -£19.8M |
| Profit for the year | £31.2M | -£314.2M |
| — attributable to owners | £31.2M | -£314.2M |
| Total comprehensive income | £119.8M | -£422.5M |
| Per share | ||
| Basic EPS | £0.04 | £-0.40 |
| Diluted EPS | £0.04 | £-0.40 |
| Free cash flow / share | £0.05 | £0.09 |
| Cash flow statement | ||
| Cash generated from operations | £171.2M | £228.4M |
| Net cash from operating activities | £105.3M | £154.2M |
| Net cash from investing activities | -£47.8M | -£22.0M |
| Purchase of PP&E (capex) | £66.4M | £80.8M |
| Purchase of intangibles | £10.7M | £11.0M |
| Net cash from financing activities | -£44.8M | -£101.2M |
| Proceeds from borrowings | £1.2M | £618.6M |
| Repayments of borrowings | £30.5M | £705.8M |
| Lease liability payments | £14.9M | £15.4M |
| Net change in cash | £12.7M | £31.0M |
| Balance sheet | ||
| Total assets | £3.97B | £4.00B |
| Non-current assets | £2.96B | £3.06B |
| Property, plant & equipment | £478.6M | £458.8M |
| Intangible assets & goodwill | £1.53B | £1.52B |
| Current assets | £1.01B | £937.0M |
| Inventories | £455.4M | £426.9M |
| Trade & other receivables | £294.5M | £251.1M |
| Cash & equivalents | £190.8M | £178.6M |
| Total equity | £2.16B | £2.03B |
| — attributable to owners | £2.16B | £2.03B |
| Non-current liabilities | £1.21B | £1.48B |
| Long-term borrowings | £696.0M | £796.8M |
| Lease liabilities (non-current) | £153.4M | £129.6M |
| Current liabilities | £594.7M | £487.3M |
| Lease liabilities (current) | £15.6M | £14.7M |
| Trade & other payables | £317.9M | £296.5M |
| Deferred tax liabilities | £70.9M | £93.4M |
| Derived metrics | ||
| Free cash flow | £38.9M | £73.4M |
| Operating margin | 4.3% | -17.7% |
| Net margin | 2.1% | -18.7% |
| Return on equity | 1.4% | -15.5% |
| Cash conversion ratio | 3.38× | -0.49× |
| Capex coverage | 1.59× | 1.91× |
| Other reported items | ||
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £16.7M | £117.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £1.0M | £0 |
| Current Assets Liabilities | £412.6M | £449.7M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | £105.3M | £10.5M |
| Current Contract Assets | £53.7M | £48.8M |
| Current Contract Liabilities | £62.7M | £50.8M |
| Current Derivative Financial Assets | £4.8M | £5.4M |
| Current Derivative Financial Liabilities | £3.2M | £21.6M |
| Current Provisions | £55.8M | £32.6M |
| Current Tax Assets | £8.1M | £11.5M |
| Current Tax Liabilities | £34.2M | £56.9M |
| Deferred Tax Assets | £0 | £19.2M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£500.0K | -£7.7M |
| Finance Income | £500.0K | £500.0K |
| Gains Losses On Exchange Differences On Translation Before Tax | -£6.9M | -£35.9M |
| Income Tax Relating To Components of Other Comprehensive Income | £18.6M | -£12.4M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -£3.2M | -£1.6M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | £21.8M | -£10.8M |
| Income Taxes Paid Refund Classified As Operating Activities | £37.7M | £42.1M |
| Increase Decrease Through Sharebased Payment Transactions | £9.6M | -£1.7M |
| Interest Paid Classified As Operating Activities | £28.7M | £32.2M |
| Interest Received Classified As Operating Activities | £500.0K | £100.0K |
| Investments In Joint Ventures | £18.7M | £20.8M |
| Issue of Equity | £0 | £0 |
| Issued Capital | £39.1M | £39.0M |
| Liabilities | £1.81B | £1.97B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | £0 | £3.7M |
| Net Assets Liabilities | £2.16B | £2.03B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | £0 | £14.7M |
| Noncurrent Contract Assets | £55.8M | £59.6M |
| Noncurrent Contract Liabilities | £72.6M | £73.9M |
| Noncurrent Derivative Financial Assets | £10.0M | £15.0M |
| Noncurrent Derivative Financial Liabilities | £1.3M | £300.0K |
| Noncurrent Provisions | £80.3M | £80.3M |
| Operating Expense Excluding Cost of Sales | £435.7M | £818.3M |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | £900.0K | £7.6M |
| Other Comprehensive Income | £88.6M | -£108.3M |
| Other Comprehensive Income Before Tax | £107.2M | -£120.7M |
| Other Comprehensive Income Before Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | -£1.3M | £1.8M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -£6.9M | -£79.9M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £115.4M | -£42.6M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -£5.0M | -£76.5M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | £93.6M | -£31.8M |
| Other Intangible Assets | £306.6M | £401.1M |
| Other Noncurrent Payables | £3.7M | £8.5M |
| Other Noncurrent Receivables | £18.8M | £16.5M |
| Other Operating Income Expense | -£409.0M | -£780.8M |
| Payments For Debt Issue Costs | £1.9M | £2.4M |
| Proceeds From Government Grants Classified As Investing Activities | £7.4M | £2.1M |
| Proceeds From Issuing Shares | £1.3M | £300.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £36.4M | £1.3M |
| Reclassification Adjustments On Exchange Differences On Translation Before Tax | — | £44.0M |
| Recognised Liabilities Defined Benefit Plan | £136.4M | £295.4M |
| Retained Earnings | £535.5M | £402.4M |
| Share Premium | £1.23B | £1.23B |
Methodology
Every line item above is a fact tagged in MEGGITT 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.