Cash flow Tesco PLC

Equities

TSCO

GB00BLGZ9862

Food Retail & Distribution

Market Closed - London S.E. Other stock markets 16:35:25 13/09/2024 BST			5-day change	1st Jan Change
364.50 ^GBX	-1.22%		-0.57%	+25.47%

09-12	UK Supreme Court Blocks Tesco from Using 'Fire and Rehire' Tactics	MT
09-12	Union wins Supreme Court fight with Tesco over 'fire and rehire' plans	AN

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Published financial data: TESCO PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2020	2021	2022	2023	2024
Revenues	63.69B	57.15B	60.66B	64.96B	67.38B
Finance Div. Revenues	1.07B	735M	683M	797M	297M
Insurance Division Revenues	-	-	-	-	514M
Total Revenues	64.76B	57.89B	61.34B	65.76B	68.19B
Cost of Goods Sold, Total	59.62B	53.8B	56.51B	60.86B	62.76B
Finance Div. Operating Exp.	709M	827M	556M	574M	678M
Insurance Division Operating Expenses, Total	-	-	-	-	6M
Interest Expense - Finance Division	166M	83M	42M	99M	82M
Gross Profit	4.26B	3.18B	4.24B	4.23B	4.66B
Selling General & Admin Expenses, Total	1.36B	1.07B	1.38B	1.44B	1.86B
Other Operating Expenses	-	-	-39M	67M	-
Other Operating Expenses, Total	1.36B	1.07B	1.34B	1.5B	1.86B
Operating Income	2.9B	2.11B	2.9B	2.73B	2.8B
Interest Expense, Total	-778M	-695M	-685M	-647M	-804M
Interest And Investment Income	19M	10M	9M	85M	267M
Net Interest Expenses	-759M	-685M	-676M	-562M	-537M
Income (Loss) On Equity Invest.	18M	26M	15M	8M	6M
Other Non Operating Income (Expenses)	-175M	-49M	156M	-121M	38M
EBT, Excl. Unusual Items	1.99B	1.4B	2.39B	2.05B	2.31B
Restructuring Charges	-151M	-	-44M	-138M	-50M
Merger & Related Restructuring Charges	-23M	-25M	-	-	-
Impairment of Goodwill	-	-295M	-	-	-
Gain (Loss) On Sale Of Investments	-	-384M	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-79M	156M	-121M	-996M	28M
Legal Settlements	-	-93M	-193M	-	-
Other Unusual Items	-419M	68M	-	82M	-
EBT, Incl. Unusual Items	1.32B	825M	2.03B	1B	2.29B
Income Tax Expense	380M	104M	510M	247M	525M
Earnings From Continuing Operations	935M	721M	1.52B	753M	1.76B
Earnings Of Discontinued Operations	38M	5.43B	-40M	-9M	-572M
Net Income to Company	973M	6.15B	1.48B	744M	1.19B
Minority Interest	-2M	-4M	-2M	1M	-4M
Net Income - (IS)	971M	6.14B	1.48B	745M	1.19B
Net Income to Common Incl Extra Items	971M	6.14B	1.48B	745M	1.19B
Net Income to Common Excl. Extra Items	933M	717M	1.52B	754M	1.76B
Per Share Items
Net EPS - Basic	0.13	0.81	0.19	0.1	0.17
Basic EPS - Continuing Operations	0.12	0.09	0.2	0.1	0.25
Basic Weighted Average Shares Outstanding	7.67B	7.6B	7.66B	7.42B	7.1B
Net EPS - Diluted	0.13	0.81	0.19	0.1	0.17
Diluted EPS - Continuing Operations	0.12	0.09	0.2	0.1	0.25
Diluted Weighted Average Shares Outstanding	7.72B	7.62B	7.75B	7.48B	7.18B
Normalized Basic EPS	0.16	0.11	0.19	0.17	0.2
Normalized Diluted EPS	0.16	0.11	0.19	0.17	0.2
Dividend Per Share	0.12	0.12	0.11	0.11	0.12
Payout Ratio	67.56	14.81	49.36	115.17	65.4
American Depositary Receipts Ratio (ADR)	3	3	3	3	3
Supplemental Items
EBITDA	4.13B	3.09B	3.87B	3.69B	3.96B
EBITA	2.99B	2.19B	2.97B	2.8B	3.06B
EBIT	2.9B	2.11B	2.9B	2.73B	2.8B
EBITDAR	4.08B	3.09B	3.88B	3.69B	3.96B
Total Revenues (As Reported)	-	-	-	-	68.19B
Effective Tax Rate - (Ratio)	28.9	12.61	25.09	24.7	22.94
Total Current Taxes	367M	178M	215M	299M	393M
Total Deferred Taxes	13M	-74M	295M	-52M	132M
Normalized Net Income	1.24B	870M	1.49B	1.28B	1.44B
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	611M	506M	452M	444M	501M
Non-Cash Pension Expense	76M	50M	23M	-80M	18M
Supplemental Operating Expense Items
General and Administrative Expenses	1.29B	1.03B	1.36B	1.52B	1.84B
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	-48M	-3M	7M	3M	2M
Imputed Operating Lease Interest Expense	-17.21M	-997K	2.47M	1.02M	860K
Imputed Operating Lease Depreciation	-30.79M	-2M	4.53M	1.98M	1.14M
Stock-Based Comp., COGS (Total)	-	4M	-	-	-
Stock-Based Comp., Other (Total)	129M	63M	122M	112M	120M
Total Stock-Based Compensation	129M	67M	122M	112M	120M

Fiscal Period: February	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	2.04B	2.51B	2.34B	2.46B	2.34B
Short Term Investments	1.08B	1.01B	2.08B	1.63B	2.33B
Total Cash And Short Term Investments	3.12B	3.52B	4.42B	4.1B	4.67B
Accounts Receivable, Total	1.4B	1.26B	1.26B	1.32B	1.35B
Other Receivables	21M	41M	93M	63M	110M
Notes Receivable	-	-	-	-	-
Total Receivables	1.42B	1.3B	1.36B	1.38B	1.46B
Inventory	2.43B	2.07B	2.34B	2.51B	2.64B
Prepaid Expenses	-	-	-	-	-
Finance Division Loans and Leases Current	4.28B	3.09B	3.35B	4.05B	-
Finance Division Other Current Assets, Total	1.61B	178M	287M	419M	-
Other Current Assets, Total	303M	642M	437M	267M	7.84B
Total Current Assets	13.16B	10.81B	12.19B	12.72B	16.61B
Gross Property Plant And Equipment	38.65B	33.71B	33.34B	33.98B	34.57B
Accumulated Depreciation	-12.56B	-10.56B	-10.57B	-11.63B	-11.88B
Net Property Plant And Equipment	26.09B	23.15B	22.77B	22.35B	22.7B
Long-term Investments	227M	94M	98M	311M	1.65B
Other Intangibles, Total	5.2B	4.78B	4.73B	4.75B	4.75B
Finance Division Loans and Leases Long-Term	4.17B	3.31B	3.14B	3.03B	-
Finance Division Other Long-Term Assets, Total	1.94B	1.54B	2.13B	1.96B	445M
Accounts Receivable Long-Term	166M	170M	159M	79M	36M
Deferred Tax Assets Long-Term	223M	485M	21M	25M	32M
Other Long-Term Assets, Total	1.11B	1.44B	4.11B	903M	827M
Total Assets	52.3B	45.78B	49.35B	46.13B	47.04B
Liabilities
Accounts Payable, Total	8.92B	8.4B	9.18B	9.82B	10.26B
Short-term Borrowings	413M	559M	605M	928M	838M
Current Portion of Long-Term Debt	1.08B	521M	120M	842M	698M
Current Portion of Leases	598M	575M	547M	595M	584M
Finance Division Other Current Liabilities, Total	6.38B	5.32B	4.73B	4.48B	108M
Current Income Taxes Payable	324M	79M	11M	18M	1M
Other Current Liabilities	216M	543M	946M	1.05B	7.98B
Total Current Liabilities	17.93B	16B	16.14B	17.74B	20.47B
Long-Term Debt	6B	6.19B	6.67B	5.58B	5.68B
Long-Term Leases	8.97B	7.83B	7.41B	7.13B	7.04B
Finance Division Other Non Current Liabilities, Total	1.83B	1.02B	1.65B	2.26B	800M
Pension & Other Post Retirement Benefits	3.08B	1.22B	303M	400M	657M
Deferred Tax Liability Non Current	40M	48M	910M	119M	269M
Other Non Current Liabilities	1.19B	1.15B	620M	670M	455M
Total Liabilities	39.05B	33.45B	33.71B	33.9B	35.37B
Common Stock, Total	490M	490M	484M	463M	445M
Additional Paid In Capital	5.16B	5.16B	5.16B	5.16B	5.16B
Retained Earnings	3.96B	3.5B	6.93B	3.49B	2.93B
Treasury Stock	-250M	-188M	-365M	-359M	-315M
Comprehensive Income and Other	3.91B	3.37B	3.44B	3.48B	3.45B
Total Common Equity	13.28B	12.34B	15.66B	12.24B	11.67B
Minority Interest	-22M	-18M	-16M	-11M	-6M
Total Equity	13.25B	12.32B	15.64B	12.23B	11.66B
Total Liabilities And Equity	52.3B	45.78B	49.35B	46.13B	47.04B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	7.67B	7.67B	7.59B	7.26B	6.97B
ECS Total Common Shares Outstanding	7.67B	7.67B	7.59B	7.26B	6.97B
Book Value / Share	1.73	1.61	2.06	1.69	1.67
Tangible Book Value	7.16B	6.95B	10.3B	6.87B	6.6B
Tangible Book Value Per Share	0.93	0.91	1.36	0.95	0.95
Total Debt	17.06B	15.67B	15.36B	15.08B	14.84B
Net Debt	13.94B	12.15B	10.94B	10.98B	10.17B
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.08B	1.22B	-2.85B	391M	631M
Debt Equivalent Oper. Leases	-384M	-24M	56M	24M	16M
Minority Interest, Total (Incl. Fin. Div)	-22M	-18M	-16M	-11M	-6M
Equity Method Investments, Total	220M	85M	86M	93M	102M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Work In Process, Total	4M	3M	3M	3M	-
Inventories - Finished Goods, Total	2.43B	2.07B	2.34B	2.51B	-
Land - (BS)	24.78B	21.95B	21.88B	22.54B	22.86B
Machinery, Total	6.81B	5.53B	5.44B	5.57B	5.85B
Full Time Employees	406K	300K	345K	330K	330K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: February	2020	2021	2022	2023	2024
Net Income	971M	6.14B	1.48B	745M	1.19B
Depreciation & Amortization - CF	1.79B	1.47B	1.43B	1.42B	1.44B
Amortization of Goodwill and Intangible Assets - (CF)	86M	80M	78M	78M	255M
Depreciation & Amortization, Total	1.88B	1.55B	1.51B	1.5B	1.69B
Amortization of Deferred Charges, Total - (CF)	281M	198M	209M	200M	-
(Gain) Loss From Sale Of Asset	-170M	-195M	-120M	-53M	655M
(Gain) Loss on Sale of Investments - (CF)	-24M	-29M	-25M	3M	-9M
Asset Writedown & Restructuring Costs	302M	210M	115M	982M	-28M
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	87M	30M	66M	59M	78M
Net Cash From Discontinued Operations	-	305M	-28M	-9M	-630M
Other Operating Activities, Total	246M	-7.86B	188M	52M	628M
Change In Accounts Receivable	485M	125M	35M	6M	-127M
Change In Inventories	179M	-50M	-281M	-147M	-150M
Change In Accounts Payable	-4.24B	-1.57B	790M	1.01B	1.3B
Change in Other Net Operating Assets	45M	1.74B	-182M	-628M	-758M
Cash from Operations	38M	602M	3.76B	3.72B	3.84B
Capital Expenditure	-1B	-1.17B	-949M	-971M	-1.11B
Sale of Property, Plant, and Equipment	3.96B	237M	309M	342M	55M
Cash Acquisitions	-	15M	-48M	-71M	-17M
Divestitures	4M	7.81B	161M	-	15M
Sale (Purchase) of Intangible assets	-201M	-206M	-229M	-279M	-278M
Investment in Marketable and Equity Securities, Total	-425M	167M	-1.01B	142M	-545M
Other Investing Activities, Total	68M	-677M	31M	131M	178M
Cash from Investing	2.41B	6.17B	-1.74B	-706M	-1.7B
Long-Term Debt Issued, Total	1.33B	1.1B	394M	-	1.23B
Total Debt Issued	1.33B	1.1B	394M	-	1.23B
Long-Term Debt Repaid, Total	-2.42B	-2.44B	-1.35B	-1.3B	-1.4B
Total Debt Repaid	-2.42B	-2.44B	-1.35B	-1.3B	-1.4B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-149M	-66M	-422M	-867M	-845M
Common Dividends Paid	-656M	-910M	-731M	-858M	-777M
Common & Preferred Stock Dividends Paid	-656M	-910M	-731M	-858M	-777M
Special Dividend Paid	-	-4.95B	-	-1M	-1M
Other Financing Activities, Total	-17M	-580M	-123M	-160M	-66M
Cash from Financing	-1.91B	-7.84B	-2.23B	-3.19B	-1.86B
Foreign Exchange Rate Adjustments	-42M	8M	12M	-34M	29M
Miscellaneous Cash Flow Adjustments	-	7M	-	-	-346M
Net Change in Cash	492M	-1.05B	-200M	-206M	-37M
Supplemental Items
Cash Interest Paid	803M	729M	650M	652M	824M
Cash Income Tax Paid (Refund)	340M	255M	201M	123M	223M
Levered Free Cash Flow	-244M	1.22B	2.09B	1.28B	876M
Unlevered Free Cash Flow	242M	1.65B	2.52B	1.69B	1.38B
Change In Net Working Capital	2.65B	103M	-43M	581M	802M
Net Debt Issued / Repaid	-1.09B	-1.34B	-958M	-1.3B	-170M