ULTRA ELECTRONICS HOLDINGS PLC financials
ULTRA ELECTRONICS HOLDINGS PLC
Country: GB Reporting currency: GBP Latest annual report: 2021-12-31
LEI:
213800E68EATZGAJIP64 Financial statements
(GBP, as reported — unscaled; 99 line items across 2 annual periods)
| Line item | 2021 | 2020 |
|---|---|---|
| Income statement | ||
| Revenue | £850.7M | £859.8M |
| Cost of sales | £597.3M | £609.0M |
| Gross profit | £253.4M | £250.8M |
| Other income | £6.5M | £900.0K |
| Administrative expenses | £138.9M | £139.5M |
| Operating profit (EBIT) | £105.9M | £106.3M |
| Finance costs | £20.9M | £11.9M |
| Profit before tax | £82.7M | £103.7M |
| Income tax expense | £15.8M | £19.9M |
| Profit for the year | £66.9M | £83.8M |
| — attributable to owners | £66.9M | £83.8M |
| — attributable to NCI | £0 | £0 |
| Total comprehensive income | £92.3M | £67.7M |
| Per share | ||
| Basic EPS | £0.94 | £1.18 |
| Diluted EPS | £0.94 | £1.18 |
| Free cash flow / share | £1.39 | £1.64 |
| Cash flow statement | ||
| Net cash from operating activities | £121.5M | £130.0M |
| Net cash from investing activities | -£21.3M | -£16.3M |
| Purchase of PP&E (capex) | £22.2M | £13.4M |
| Purchase of intangibles | £2.5M | £8.7M |
| Net cash from financing activities | -£45.2M | -£110.6M |
| Dividends paid | £41.1M | £38.7M |
| Proceeds from borrowings | £70.0M | £11.1M |
| Repayments of borrowings | £70.0M | £76.2M |
| Lease liability payments | £8.3M | £9.0M |
| Net change in cash | £55.0M | £3.1M |
| Balance sheet | ||
| Total assets | £1.02B | £995.1M |
| Non-current assets | £570.1M | £574.0M |
| Property, plant & equipment | £73.4M | £66.6M |
| Right-of-use assets | £35.9M | £33.6M |
| Intangible assets & goodwill | £362.7M | £363.0M |
| Current assets | £454.1M | £421.1M |
| Inventories | £92.9M | £103.6M |
| Trade & other receivables | £207.6M | £188.5M |
| Cash & equivalents | £138.8M | £114.4M |
| Total equity | £526.8M | £464.7M |
| — attributable to owners | £526.8M | £464.7M |
| Non-controlling interests | £0 | £0 |
| Non-current liabilities | £238.7M | £267.1M |
| Long-term borrowings | £166.7M | £161.9M |
| Current liabilities | £258.7M | £263.3M |
| Trade & other payables | £215.7M | £199.3M |
| Deferred tax liabilities | £21.5M | £15.0M |
| Derived metrics | ||
| Free cash flow | £99.3M | £116.6M |
| Operating margin | 12.4% | 12.4% |
| Net margin | 7.9% | 9.7% |
| Return on equity | 12.7% | 18.0% |
| Cash conversion ratio | 1.82× | 1.55× |
| Capex coverage | 5.47× | 9.70× |
| Other reported items | ||
| Capital Redemption Reserve | £400.0K | £400.0K |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £138.7M | £84.1M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £1.2M | £5.3M |
| Comprehensive Income Attributable To Noncontrolling Interests | £0 | £0 |
| Comprehensive Income Attributable To Owners of Parent | £92.3M | £67.7M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | £12.1M | £38.3M |
| Current Derivative Financial Assets | £1.4M | £5.8M |
| Current Derivative Financial Liabilities | £1.1M | £200.0K |
| Current Provisions | £23.3M | £19.6M |
| Current Tax Assets Current | £6.6M | £8.8M |
| Current Tax Liabilities Current | £5.3M | £5.9M |
| Decrease Increase Through Tax On Sharebased Payment Transactions | -£800.0K | -£200.0K |
| Deferred Tax Assets | £14.7M | £13.6M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £41.1M | £38.7M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | £0 | £100.0K |
| Dividends Recognised As Distributions To Noncontrolling Interests | — | £100.0K |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£400.0K | -£1.2M |
| Gains Losses On Disposals of Noncurrent Assets | -£2.4M | £5.6M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | £3.5M | -£2.9M |
| Increase Decrease Through Sharebased Payment Transactions | £8.5M | £5.0M |
| Intangible Assets Other Than Goodwill | £68.9M | £82.2M |
| Interest Received Classified As Investing Activities | £100.0K | £300.0K |
| Investment Income | £100.0K | £3.7M |
| Issued Capital | £3.6M | £3.6M |
| Liabilities | £497.4M | £530.4M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | £1.2M | £0 |
| Net Assets Liabilities | £526.8M | £464.7M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | £6.8M | £0 |
| Noncurrent Derivative Financial Assets | £1.0M | £2.1M |
| Noncurrent Derivative Financial Liabilities | £1.5M | £100.0K |
| Noncurrent Provisions | £2.8M | £5.0M |
| Noncurrent Receivables | £13.5M | £12.9M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £34.8M | £73.1M |
| Other Comprehensive Income | £25.4M | -£16.1M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | £3.5M | -£11.2M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £25.7M | -£9.3M |
| Other Comprehensive Income Before Tax Hedges of Net Investments In Foreign Operations | -£300.0K | £1.5M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | £3.2M | -£9.7M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | £22.2M | -£6.4M |
| Other Expense By Function | £1.2M | £1.5M |
| Other Noncurrent Liabilities | £11.4M | £12.0M |
| Proceeds From Issuing Shares | £2.6M | £2.3M |
| Proceeds From Sale Or Issue of Treasury Shares | £1.6M | £0 |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £2.1M | £200.0K |
| Professional Fees Expense | £6.1M | £3.3M |
| Reserve of Exchange Differences On Translation | £35.7M | £32.5M |
| Retained Earnings | £279.3M | £224.1M |
| Sale Or Issue of Treasury Shares | £1.6M | — |
| Share Premium | £208.1M | £205.5M |
| Treasury Shares | £300.0K | £1.4M |
Methodology
Every line item above is a fact tagged in ULTRA ELECTRONICS HOLDINGS 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.