M&G PLC financials
M&G PLC
Country: GB Reporting currency: GBP Latest annual report: 2025-12-31
LEI:
254900TWUJUQ44TQJY84 Financial statements
(GBP, as reported — unscaled; 105 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Other income | £75.0M | £70.0M |
| Administrative expenses | £2.73B | £2.57B |
| Finance costs | £138.0M | £121.0M |
| Profit before tax | £1.31B | £145.0M |
| Income tax expense | £996.0M | £492.0M |
| Profit for the year | £314.0M | -£347.0M |
| — attributable to owners | £302.0M | -£360.0M |
| — attributable to NCI | £12.0M | £13.0M |
| Total comprehensive income | £329.0M | -£324.0M |
| Per share | ||
| Basic EPS | £0.13 | £-0.15 |
| Diluted EPS | £0.12 | £-0.15 |
| Free cash flow / share | £0.30 | £0.17 |
| Cash flow statement | ||
| Net cash from operating activities | £953.0M | £677.0M |
| Net cash from investing activities | -£152.0M | £152.0M |
| Purchase of PP&E (capex) | £175.0M | £289.0M |
| Net cash from financing activities | -£697.0M | -£1.14B |
| Lease liability payments | £32.0M | £28.0M |
| Net change in cash | £104.0M | -£313.0M |
| Balance sheet | ||
| Total assets | £190.60B | £184.22B |
| Intangible assets & goodwill | £1.75B | £1.71B |
| Cash & equivalents | £4.90B | £4.84B |
| Total equity | £3.19B | £3.32B |
| — attributable to owners | £3.14B | £3.28B |
| Non-controlling interests | £52.0M | £42.0M |
| Deferred tax liabilities | £1.04B | £705.0M |
| Derived metrics | ||
| Free cash flow | £778.0M | £388.0M |
| Return on equity | 9.8% | -10.4% |
| Cash conversion ratio | 3.04× | -1.95× |
| Capex coverage | 5.45× | 2.34× |
| Other reported items | ||
| Adjustments For Decrease Increase In Other Assets | -£562.0M | £837.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £3.0M | £15.0M |
| Adjustments For Increase Decrease In Contract Liabilities | -£694.0M | -£370.0M |
| Adjustments For Increase Decrease In Insurance Reinsurance and Investment Contract Liabilities | £6.24B | -£930.0M |
| Adjustments For Increase Decrease In Other Liabilities | £2.28B | -£3.04B |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £116.0M | £451.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £102.0M | £31.0M |
| Changes In Equity | -£135.0M | -£761.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | £14.0M | £12.0M |
| Comprehensive Income Attributable To Owners of Parent | £315.0M | -£336.0M |
| Current and Deferred Tax Relating To Items Charged Or Credited Directly To Equity | -£14.0M | -£4.0M |
| Current Tax Assets | £76.0M | £65.0M |
| Current Tax Liabilities | £123.0M | £81.0M |
| Debt Instruments Held | £66.91B | £69.78B |
| Deferred Tax Assets | £422.0M | £487.0M |
| Derivative Financial Assets | £1.26B | £1.08B |
| Derivative Financial Liabilities | £2.47B | £3.20B |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £482.0M | £468.0M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | £13.0M | £13.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | £328.0M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | £0.14 | — |
| Dividends Received Classified As Operating Activities | £1.82B | £1.92B |
| Dividends Recognised As Distributions To Noncontrolling Interests | £13.0M | £13.0M |
| Dividends Recognised As Distributions To Owners of Parent | £482.0M | £468.0M |
| Dividends Recognised As Distributions To Owners Per Share | £0.20 | £0.20 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£38.0M | £3.0M |
| Equity and Liabilities | £190.60B | £184.22B |
| Equity Instruments Held | £70.75B | £64.89B |
| Fee and Commission Income | £1.06B | £1.03B |
| Finance Income Expenses From Reinsurance Contracts Held Recognised In Profit Or Loss | £54.0M | -£10.0M |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss | £3.05B | £2.67B |
| Income Expenses From Reinsurance Contracts Held Other Than Finance Income Expenses | -£24.0M | -£28.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -£1.0M | £13.0M |
| Income Taxes Paid Refund Classified As Operating Activities | £553.0M | £514.0M |
| Increase Decrease Through Exercise of Options | £9.0M | £4.0M |
| Increase Decrease Through Sharebased Payment Transactions | -£48.0M | -£4.0M |
| Insurance Contracts Issued That Are Liabilities | £147.54B | £141.26B |
| Insurance Contracts That Are Assets | £49.0M | £39.0M |
| Insurance Finance Income Expenses From Insurance Contracts Issued Recognised In Profit Or Loss | -£13.90B | -£8.43B |
| Insurance Revenue | £4.42B | £4.09B |
| Insurance Service Expenses From Insurance Contracts Issued | £2.94B | £2.97B |
| Insurance Service Result | £1.47B | £1.10B |
| Interest Income For Financial Assets Measured At Amortised Cost | £578.0M | £683.0M |
| Interest Paid Classified As Financing Activities | £166.0M | £188.0M |
| Interest Paid Classified As Operating Activities | £282.0M | £359.0M |
| Interest Received Classified As Operating Activities | £3.64B | £3.31B |
| Investment Income | £15.62B | £8.69B |
| Investment Property | £14.24B | £14.38B |
| Investments In Joint Ventures Accounted For Using Equity Method | £250.0M | £284.0M |
| Issued Capital | £121.0M | £120.0M |
| Lease Liabilities | £393.0M | £425.0M |
| Liabilities | £187.41B | £180.90B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | £988.0M | £1.07B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | £2.35B | £1.47B |
| Other Adjustments For Noncash Items | -£909.0M | £286.0M |
| Other Comprehensive Income | £15.0M | £23.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£2.0M | £52.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | £16.0M | -£16.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | £16.0M | -£16.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -£1.0M | £39.0M |
| Other Finance Income Cost | £12.85B | £5.81B |
| Other Financial Liabilities | £1.10B | £1.02B |
| Other Reserves | -£11.61B | -£11.64B |
| Payments From Changes In Ownership Interests In Subsidiaries | £13.0M | £0 |
| Proceeds From Issuing Shares | £9.0M | £5.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £9.0M | £21.0M |
| Property Plant and Equipment Including Rightofuse Assets | £1.54B | £1.65B |
| Provisions | £90.0M | £114.0M |
| Recognised Assets Defined Benefit Plan | £43.0M | £45.0M |
| Recognised Liabilities Defined Benefit Plan | £261.0M | £258.0M |
| Reinsurance Contracts Held That Are Assets | £1.07B | £1.04B |
| Reinsurance Contracts Held That Are Liabilities | £260.0M | £280.0M |
| Retained Earnings | £14.28B | £14.44B |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | £17.0M | £24.0M |
| Share Premium | £391.0M | £383.0M |
| Treasury Shares | £6.0M | £6.0M |
Methodology
Every line item above is a fact tagged in M&G 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.