SCOTTISH POWER UK PLC financials
SCOTTISH POWER UK PLC
Country: GB Reporting currency: GBP Latest annual report: 2023-12-31
LEI:
213800Z8E41VG2MEKQ11 Financial statements
(GBP, as reported — unscaled; 118 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | £9.45B | £8.43B |
| Cost of sales | £5.29B | £5.81B |
| Gross profit | £4.16B | £2.63B |
| Employee benefits expense | £278.0M | £259.6M |
| Operating profit (EBIT) | £1.91B | £834.5M |
| Finance costs | £419.0M | £243.4M |
| Profit before tax | £1.64B | £701.2M |
| Income tax expense | £420.7M | £141.4M |
| Profit for the year | £1.22B | £559.8M |
| — attributable to owners | £1.13B | £487.0M |
| — attributable to NCI | -£91.7M | -£72.8M |
| Total comprehensive income | £1.55B | -£1.02B |
| Cash flow statement | ||
| Net cash from operating activities | £1.91B | £1.26B |
| Net cash from investing activities | -£899.5M | -£1.04B |
| Purchase of PP&E (capex) | £1.14B | £966.1M |
| Purchase of intangibles | £86.1M | £55.5M |
| Net cash from financing activities | -£1.73B | £464.9M |
| Dividends paid | £1.22B | £834.2M |
| Repayments of borrowings | £254.5M | £0 |
| Lease liability payments | £43.5M | £25.9M |
| Balance sheet | ||
| Total assets | £21.89B | £22.12B |
| Non-current assets | £18.27B | £17.40B |
| Property, plant & equipment | £16.34B | £15.23B |
| Right-of-use assets | £531.7M | £459.6M |
| Intangible assets & goodwill | £543.2M | £527.9M |
| Current assets | £3.62B | £4.72B |
| Trade & other receivables | £2.35B | £2.70B |
| Cash & equivalents | £159.1M | £869.1M |
| Total equity | £7.38B | £7.07B |
| — attributable to owners | £6.70B | £6.03B |
| Non-controlling interests | £686.3M | £1.04B |
| Non-current liabilities | £8.17B | £8.13B |
| Long-term borrowings | £3.79B | £4.15B |
| Lease liabilities (non-current) | £551.5M | £487.8M |
| Current liabilities | £6.33B | £6.92B |
| Lease liabilities (current) | £40.6M | £36.0M |
| Trade & other payables | £2.16B | £2.28B |
| Deferred tax liabilities | £1.66B | £1.35B |
| Derived metrics | ||
| Free cash flow | £772.2M | £296.4M |
| Operating margin | 20.2% | 9.9% |
| Net margin | 12.9% | 6.6% |
| Return on equity | 16.5% | 7.9% |
| Cash conversion ratio | 1.57× | 2.26× |
| Capex coverage | 1.68× | 1.31× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -£734.4M | -£111.3M |
| Adjustments For Decrease Increase In Trade and Other Receivables | £216.8M | -£853.2M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £802.4M | £774.7M |
| Adjustments For Dividend Income | -£800.0K | £0 |
| Adjustments For Finance Income Cost | £274.0M | £134.6M |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | -£8.4M | -£21.2M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -£109.2M | -£92.2M |
| Adjustments For Increase Decrease In Trade and Other Payables | -£616.5M | £313.7M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | £13.6M | £11.2M |
| Adjustments For Provisions | £438.1M | £373.6M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -£1.1M | -£1.3M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £0 | £9.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | £91.5M | £72.7M |
| Comprehensive Income Attributable To Owners of Parent | £1.46B | -£1.10B |
| Construction In Progress | £2.30B | £1.32B |
| Current Borrowings and Current Portion of Noncurrent Borrowings | £3.11B | £2.81B |
| Current Deferred Income Including Current Contract Liabilities | £52.6M | £57.2M |
| Current Derivative Financial Assets | £213.0M | £428.5M |
| Current Derivative Financial Liabilities | £328.8M | £1.38B |
| Current Financial Assets | £213.0M | £428.5M |
| Current Financial Liabilities | £225.9M | £23.8M |
| Current Provisions | £337.0M | £336.4M |
| Current Tax Assets Current | £0 | £78.8M |
| Current Tax Liabilities Current | £81.0M | £0 |
| Current Tax Liabilities Noncurrent | £6.2M | £6.2M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £814.4M | £787.9M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £780.0M | £715.0M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | £439.8M | £119.2M |
| Dividends Received Classified As Investing Activities | £800.0K | £0 |
| Dividends Received From Joint Ventures Classified As Investing Activities | £0 | £300.0K |
| Dividends Recognised As Distributions To Owners Per Share | £11.00 | £10.10 |
| Equity and Liabilities | £21.89B | £22.12B |
| Finance Income | £145.0M | £108.8M |
| Gains Losses On Cash Flow Hedges Before Tax | £669.4M | -£1.95B |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | £206.0M | £86.5M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | £164.0M | -£406.9M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -£10.6M | £2.8M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -£59.2M | -£9.2M |
| Income Taxes Paid Refund Classified As Operating Activities | -£51.8M | -£22.6M |
| Increase Decrease In Cash and Cash Equivalents | -£710.0M | £686.2M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | -£16.2M | — |
| Intangible Assets Other Than Goodwill | £178.6M | £163.3M |
| Interest Paid Classified As Financing Activities | £235.9M | £164.4M |
| Interest Received Classified As Investing Activities | £34.5M | £15.2M |
| Inventories Total | £894.6M | £642.2M |
| Investment Accounted For Using Equity Method | £9.8M | £8.7M |
| Issued Capital | £3.55B | £3.55B |
| Liabilities | £14.50B | £15.05B |
| Longterm Miscellaneous Other Provisions | £264.9M | £255.7M |
| Noncurrent Deferred Income Including Noncurrent Contract Liabilities | £1.50B | £1.43B |
| Noncurrent Derivative Financial Assets | £89.7M | £228.7M |
| Noncurrent Derivative Financial Liabilities | £252.8M | £341.7M |
| Noncurrent Financial Assets | £99.7M | £237.6M |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | £200.0K | £200.0K |
| Noncurrent Payables | £7.0M | £10.4M |
| Noncurrent Provisions | £388.3M | £357.6M |
| Noncurrent Receivables | £511.1M | £605.1M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | -£309.8M | £47.3M |
| Other Comprehensive Income | £334.0M | -£1.58B |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£241.2M | -£49.5M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | £548.4M | -£1.55B |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -£214.4M | -£31.3M |
| Other Noncurrent Financial Liabilities | £21.4M | £0 |
| Other Operating Income Expense | £92.2M | £105.8M |
| Other Reserves | £420.5M | £420.5M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £0 | £3.2M |
| Purchase of Other Longterm Assets Classified As Investing Activities | £16.2M | £0 |
| Reserve of Cash Flow Hedges | -£233.6M | -£749.8M |
| Retained Earnings | £2.56B | £2.41B |
| Revenue From Dividends | £800.0K | £0 |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | £1.1M | £1.3M |
| Share Premium | £398.2M | £398.2M |
| Shortterm Miscellaneous Other Provisions | £337.0M | £336.4M |
| Tax Expense Other Than Income Tax Expense | £368.3M | £198.1M |
Methodology
Every line item above is a fact tagged in SCOTTISH POWER UK 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.