Balance Sheet ITV plc

Equities

ITV

GB0033986497

Broadcasting

Real-time Estimate Cboe Europe Other stock markets 07:37:33 2024-09-13 EDT			5-day change	1st Jan Change
79.70 ^GBX	+1.01%		+1.40%	+26.03%

08-30	STV Group Names Former ITV Exec as New CEO	MT
08-30	STV Group plc Announces CEO Changes	CI

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Published financial data: ITV PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	3.31B	2.78B	3.45B	3.73B	3.62B
Total Revenues	3.31B	2.78B	3.45B	3.73B	3.62B
Cost of Goods Sold, Total	2.56B	2.18B	2.6B	3.01B	3.17B
Gross Profit	750M	597M	855M	721M	458M
Selling General & Admin Expenses, Total	1.8M	2.1M	12M	-	-
Depreciation & Amortization - (IS)	56M	57M	128M	137M	135M
Amortization of Goodwill and Intangible Assets - (IS)	74M	87M	-	-	-
Other Operating Expenses, Total	132M	146M	140M	137M	135M
Operating Income	618M	451M	715M	584M	323M
Interest Expense, Total	-31M	-27M	-26M	-18M	-15M
Interest And Investment Income	4M	2M	4M	9M	14M
Net Interest Expenses	-27M	-25M	-22M	-9M	-1M
Income (Loss) On Equity Invest.	1M	9M	12M	8M	-
Currency Exchange Gains (Loss)	8M	-3M	4M	2M	-5M
Other Non Operating Income (Expenses)	-48M	-14M	-22M	-19M	-47M
EBT, Excl. Unusual Items	552M	418M	687M	566M	270M
Restructuring Charges	-18M	-11M	-16M	-28M	-25M
Merger & Related Restructuring Charges	-75M	-13M	-11M	-4M	-24M
Gain (Loss) On Sale Of Assets	62M	4M	-1M	-	-
Asset Writedown	-	-23M	-1M	-3M	-6M
Insurance Settlements	-	-	-	-	3M
Legal Settlements	-	-	-	-	-13M
Other Unusual Items	9M	-50M	-178M	-30M	-12M
EBT, Incl. Unusual Items	530M	325M	480M	501M	193M
Income Tax Expense	52M	44M	92M	66M	-16M
Earnings From Continuing Operations	478M	281M	388M	435M	209M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	478M	281M	388M	435M	209M
Minority Interest	-5M	4M	-10M	-7M	1M
Net Income - (IS)	473M	285M	378M	428M	210M
Net Income to Common Incl Extra Items	473M	285M	378M	428M	210M
Net Income to Common Excl. Extra Items	473M	285M	378M	428M	210M
Per Share Items
Net EPS - Basic	0.12	0.07	0.09	0.11	0.05
Basic EPS - Continuing Operations	0.12	0.07	0.09	0.11	0.05
Basic Weighted Average Shares Outstanding	4B	4B	4B	4.01B	4.02B
Net EPS - Diluted	0.12	0.07	0.09	0.11	0.05
Diluted EPS - Continuing Operations	0.12	0.07	0.09	0.11	0.05
Diluted Weighted Average Shares Outstanding	4.02B	4.02B	4.05B	4.05B	4.06B
Normalized Basic EPS	0.08	0.07	0.1	0.09	0.04
Normalized Diluted EPS	0.08	0.07	0.1	0.09	0.04
Dividend Per Share	0.03	-	0.03	0.05	0.05
Payout Ratio	67.65	-	-	46.96	95.71
American Depositary Receipts Ratio (ADR)	10	10	10	10	10
Supplemental Items
EBITDA	708M	547M	805M	677M	378M
EBITA	677M	517M	763M	641M	348M
EBIT	618M	451M	715M	584M	323M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	9.81	13.54	19.17	13.17	-8.29
Total Current Taxes	73M	45M	104M	22M	-23M
Total Deferred Taxes	-21M	-1M	-12M	44M	5M
Normalized Net Income	340M	265M	419M	347M	170M
Interest on Long-Term Debt	4M	4M	3M	4M	4M
Non-Cash Pension Expense	6M	14M	6M	10M	-1M
Supplemental Operating Expense Items
General and Administrative Expenses	1.8M	2.1M	-	-	-
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., COGS (Total)	10M	6M	-	-	16M
Stock-Based Comp., SG&A Exp. (Total)	-	-	12M	-	-
Total Stock-Based Compensation	10M	6M	12M	-	16M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	246M	668M	686M	348M	340M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	246M	668M	686M	348M	340M
Accounts Receivable, Total	785M	802M	1.01B	685M	653M
Other Receivables	99M	68M	148M	234M	281M
Total Receivables	884M	870M	1.16B	919M	934M
Inventory	-	-	-	493M	234M
Prepaid Expenses	49M	49M	48M	54M	58M
Restricted Cash	-	-	50M	-	-
Other Current Assets, Total	329M	314M	316M	379M	483M
Total Current Assets	1.51B	1.9B	2.26B	2.19B	2.05B
Gross Property Plant And Equipment	461M	489M	514M	545M	481M
Accumulated Depreciation	-192M	-204M	-260M	-259M	-218M
Net Property Plant And Equipment	269M	285M	254M	286M	263M
Long-term Investments	52M	77M	98M	130M	68M
Goodwill	1.24B	1.24B	1.24B	1.38B	1.36B
Other Intangibles, Total	359M	310M	249M	230M	178M
Accounts Receivable Long-Term	3M	7M	6M	-	13M
Deferred Tax Assets Long-Term	47M	34M	37M	19M	6M
Other Long-Term Assets, Total	87M	98M	99M	234M	249M
Total Assets	3.57B	3.95B	4.24B	4.48B	4.19B
Liabilities
Accounts Payable, Total	127M	108M	109M	158M	130M
Accrued Expenses, Total	462M	505M	611M	611M	631M
Short-term Borrowings	10M	7M	9M	60M	5M
Current Portion of Long-Term Debt	-	-	281M	229M	-
Current Portion of Leases	25M	22M	21M	21M	18M
Current Income Taxes Payable	81M	25M	20M	7M	-
Unearned Revenue Current, Total	219M	271M	359M	372M	187M
Other Current Liabilities	396M	466M	272M	295M	352M
Total Current Liabilities	1.32B	1.4B	1.68B	1.75B	1.32B
Long-Term Debt	1.06B	1.1B	768M	549M	773M
Long-Term Leases	64M	83M	71M	111M	97M
Pension & Other Post Retirement Benefits	162M	110M	96M	27M	26M
Deferred Tax Liability Non Current	29M	20M	12M	57M	59M
Other Non Current Liabilities	60M	84M	93M	102M	85M
Total Liabilities	2.69B	2.8B	2.72B	2.6B	2.36B
Common Stock, Total	403M	403M	403M	403M	406M
Additional Paid In Capital	174M	174M	174M	174M	174M
Retained Earnings	1M	296M	634M	928M	919M
Comprehensive Income and Other	270M	249M	269M	317M	287M
Total Common Equity	848M	1.12B	1.48B	1.82B	1.79B
Minority Interest	30M	29M	38M	54M	42M
Total Equity	878M	1.15B	1.52B	1.88B	1.83B
Total Liabilities And Equity	3.57B	3.95B	4.24B	4.48B	4.19B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4B	4B	4.01B	4.01B	4.02B
ECS Total Common Shares Outstanding	4B	4B	4.01B	4.01B	4.02B
Book Value / Share	0.21	0.28	0.37	0.45	0.44
Tangible Book Value	-754M	-429M	-8M	209M	243M
Tangible Book Value Per Share	-0.19	-0.11	-0	0.05	0.06
Total Debt	1.15B	1.21B	1.15B	970M	893M
Net Debt	908M	545M	464M	622M	553M
Debt Equivalent of Unfunded Proj. Benefit Obligation	145M	88M	70M	-145M	-161M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	30M	29M	38M	54M	42M
Equity Method Investments, Total	44M	76M	94M	119M	47M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Work In Process, Total	-	-	-	493M	234M
Film Contract & Broadcasting Rights - Long-Term, Total	22M	18M	21M	17M	14M
Land - (BS)	12M	12M	12M	12M	12M
Machinery, Total	240M	222M	235M	214M	207M
Full Time Employees	6K	6.27K	5.99K	7.27K	6.74K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	38M	46M	-	16M	8M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	473M	285M	378M	428M	210M
Depreciation & Amortization - CF	56M	57M	67M	61M	52M
Amortization of Goodwill and Intangible Assets - (CF)	59M	66M	48M	57M	25M
Depreciation & Amortization, Total	115M	123M	115M	118M	77M
Amortization of Deferred Charges, Total - (CF)	15M	21M	21M	27M	64M
(Gain) Loss From Sale Of Asset	-62M	-4M	1M	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	0	0	9M	15M	19M
(Income) Loss On Equity Investments - (CF)	-1M	-9M	-12M	-8M	-
Stock-Based Compensation (CF)	10M	6M	12M	19M	16M
Provision and Write-off of Bad Debts	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-15M	-34M	-212M	-145M	-91M
Change In Accounts Receivable	-37M	2M	-270M	-133M	274M
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	-8M	119M	135M	53M	-151M
Change in Other Net Operating Assets	-18M	16M	-6M	-70M	-33M
Cash from Operations	472M	525M	171M	304M	385M
Capital Expenditure	-30M	-35M	-22M	-34M	-31M
Sale of Property, Plant, and Equipment	146M	4M	-	-	-
Cash Acquisitions	-11M	-	-	-96M	-1M
Divestitures	-	5M	-	-	-
Sale (Purchase) of Intangible assets	-38M	-31M	-23M	-44M	-39M
Investment in Marketable and Equity Securities, Total	-18M	-18M	-19M	-13M	-19M
Other Investing Activities, Total	-3M	3M	-1M	-9M	-7M
Cash from Investing	46M	-72M	-65M	-196M	-97M
Long-Term Debt Issued, Total	968M	5M	21M	282M	351M
Total Debt Issued	968M	5M	21M	282M	351M
Long-Term Debt Repaid, Total	-966M	-29M	-44M	-561M	-423M
Total Debt Repaid	-966M	-29M	-44M	-561M	-423M
Issuance of Common Stock	-	-	-	-	1M
Repurchase of Common Stock	-4M	-1M	-	-	-
Common Dividends Paid	-320M	-	-	-201M	-201M
Common & Preferred Stock Dividends Paid	-320M	-	-	-201M	-201M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-43M	-3M	-12M	22M	-15M
Cash from Financing	-365M	-28M	-35M	-458M	-287M
Foreign Exchange Rate Adjustments	-2M	-3M	-3M	12M	-9M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	151M	422M	68M	-338M	-8M
Supplemental Items
Cash Interest Paid	84M	34M	53M	56M	51M
Cash Income Tax Paid (Refund)	108M	88M	119M	55M	32M
Levered Free Cash Flow	551M	468M	241M	220M	272M
Unlevered Free Cash Flow	570M	485M	257M	231M	282M
Change In Net Working Capital	-112M	-119M	293M	201M	7M
Net Debt Issued / Repaid	2M	-24M	-23M	-279M	-72M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	11.07	7.5	10.91	8.38	4.66
Return on Total Capital	19.67	12.82	17.76	13.24	7.25
Return On Equity %	55.36	27.7	29.07	25.63	11.28
Return on Common Equity	56.89	28.93	29.05	25.92	11.64
Margin Analysis
Gross Profit Margin %	22.67	21.47	24.76	19.34	12.64
SG&A Margin	0.05	0.08	0.35	-	-
EBITDA Margin %	21.4	19.67	23.31	18.16	10.43
EBITA Margin %	20.47	18.59	22.1	17.19	9.6
EBIT Margin %	18.68	16.22	20.71	15.67	8.91
Income From Continuing Operations Margin %	14.45	10.1	11.24	11.67	5.77
Net Income Margin %	14.3	10.25	10.95	11.48	5.79
Net Avail. For Common Margin %	14.3	10.25	10.95	11.48	5.79
Normalized Net Income Margin	10.28	9.54	12.15	9.3	4.68