Income Statement | | | | | | | | | | | |
| | | | | | | Press Release | | | | |
GBP | | | Latest | | Year-to-date Ending | |
(in millions) | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 | | Dec-23 | Dec-24 | |
| FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | | YTD-1 | YTD | |
| | | | | | | | | | | |
Net Revenue | 18,001 | 9,651 | 11,954 | 11,985 | 12,012 | | 12,012 | | 11,985 | 12,012 | |
% Growth | NA | -46.4% | 23.9% | 0.3% | 0.2% | | | | | 0.2% | |
| | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Selling and Marketing | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
General and Admin | 0 | (4) | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Other Exp / (Inc) | (16,258) | (6,776) | (10,725) | (11,443) | (11,098) | | (11,098) | | (11,443) | (11,098) | |
Total Operating Exp | (16,258) | (6,780) | (10,725) | (11,443) | (11,098) | | (11,098) | | (11,443) | (11,098) | |
| | | | | | | | | | | |
Operating Income | 1,743 | 2,871 | 1,229 | 542 | 914 | | 914 | | 542 | 914 | |
% Revenue | 9.7% | 29.7% | 10.3% | 4.5% | 7.6% | | 7.6% | | 4.5% | 7.6% | |
| | | | | | | | | | | |
Interest Expense | (244) | (239) | (290) | (347) | (372) | | (372) | | (347) | (372) | |
Pre-tax Income | 1,499 | 2,632 | 939 | 195 | 542 | | 542 | | 195 | 542 | |
Earnings of Discontinued Ops. | 290 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Provision for Taxes | (218) | (589) | (157) | 248 | (347) | | (347) | | 248 | (347) | |
Net Income to Company | 1,571 | 2,043 | 782 | 443 | 195 | | 195 | | 443 | 195 | |
% Margin | 8.7% | 21.2% | 6.5% | 3.7% | 1.6% | | 1.6% | | 3.7% | 1.6% | |
| | | | | | | | | | | |
Minority Interest in Earnings | 36 | 7 | 1 | 14 | (4) | | (4) | | 14 | (4) | |
Net Income to Stockholders | 1,607 | 2,050 | 783 | 457 | 191 | | 191 | | 457 | 191 | |
| | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Other Adj. | (296) | (23) | (23) | (22) | (21) | | (21) | | (22) | (21) | |
| | | | | | | | | | | |
Net Income to Common | 1,311 | 2,027 | 760 | 435 | 170 | | 170 | | 435 | 170 | |
% Margin | 7.3% | 21.0% | 6.4% | 3.6% | 1.4% | | 1.4% | | 3.6% | 1.4% | |
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As Reported | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 0.22 | 0.34 | 0.13 | 0.07 | 0.03 | | 0.03 | | 0.07 | 0.03 | |
Diluted EPS (Continuing Ops) | 0.21 | 0.33 | 0.12 | 0.07 | 0.03 | | 0.03 | | 0.07 | 0.03 | |
| | | | | | | | | | | |
WA Basic Shares Out. | 5,930 | 5,929 | 5,917 | 5,915 | 5,886 | | 5,886 | | 5,915 | 5,886 | |
WA Diluted Shares Out. | 6,277 | 6,295 | 6,279 | 6,281 | 5,948 | | 5,948 | | 6,281 | 5,948 | |
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Unusual Items Reconciliation | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 61 | 55 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Asset Writedown | 0 | 49 | 1,715 | 931 | 0 | | 0 | | 931 | 0 | |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Total Unusual Items | 61 | 104 | 1,715 | 931 | 0 | | 0 | | 931 | 0 | |
% Margin | 0.3% | 1.1% | 14.3% | 7.8% | 0.0% | | 0.0% | | 7.8% | 0.0% | |
| | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | |
Net Income to Company | 1,571 | 2,043 | 782 | 443 | 195 | | 195 | | 443 | 195 | |
Addback: Unusual Items | 0 | 49 | 1,715 | 931 | 0 | | 0 | | 931 | 0 | |
Less: Tax Benefit of Unusual Items (26%) | 0 | (13) | (446) | (242) | 0 | | 0 | | (242) | 0 | |
Adjusted Net Income | 1,571 | 2,079 | 2,051 | 1,132 | 195 | | 195 | | 1,132 | 195 | |
% Margin | 8.7% | 21.5% | 17.2% | 9.4% | 1.6% | | 1.6% | | 9.4% | 1.6% | |
| | | | | | | | | | | |
Adjusted Basic EPS | 0.26 | 0.35 | 0.35 | 0.19 | 0.03 | | 0.03 | | 0.19 | 0.03 | |