SERCO GROUP PLC financials
SERCO GROUP PLC
Country: GB Reporting currency: GBP Latest annual report: 2025-12-31
LEI:
549300PT2CIHYN5GWJ21 Financial statements
(GBP, as reported — unscaled; 101 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £4.88B | £4.79B |
| Cost of sales | £4.36B | £4.27B |
| Gross profit | £512.8M | £518.6M |
| Administrative expenses | £270.0M | £267.9M |
| Operating profit (EBIT) | £246.3M | £130.1M |
| Net finance income / (cost) | -£44.8M | -£33.1M |
| Finance costs | £51.6M | £40.8M |
| Profit before tax | £201.5M | £97.0M |
| Income tax expense | £55.9M | £52.5M |
| Profit for the year | £145.6M | £44.5M |
| — attributable to owners | £145.6M | £44.2M |
| — attributable to NCI | £0 | £300.0K |
| Total comprehensive income | £128.5M | -£4.7M |
| Per share | ||
| Basic EPS | £0.14 | £0.04 |
| Diluted EPS | £0.14 | £0.04 |
| Free cash flow / share | £0.41 | £0.36 |
| Cash flow statement | ||
| Net cash from operating activities | £446.7M | £419.4M |
| Net cash from investing activities | -£250.9M | -£7.4M |
| Purchase of PP&E (capex) | £21.5M | £25.3M |
| Purchase of intangibles | £11.7M | £9.1M |
| Net cash from financing activities | -£176.0M | -£322.3M |
| Proceeds from borrowings | £193.2M | £118.2M |
| Repayments of borrowings | £37.2M | £52.8M |
| Lease liability payments | £158.9M | £137.4M |
| Net change in cash | £19.8M | £89.7M |
| Balance sheet | ||
| Total assets | £2.80B | £2.66B |
| Non-current assets | £1.91B | £1.80B |
| Right-of-use assets | £482.8M | £514.9M |
| Intangible assets & goodwill | £929.3M | £826.2M |
| Current assets | £886.8M | £864.6M |
| Inventories | £20.0M | £24.1M |
| Trade & other receivables | £330.1M | £331.5M |
| Cash & equivalents | £199.3M | £183.0M |
| Total equity | £873.6M | £842.5M |
| — attributable to owners | £873.6M | £842.5M |
| Non-controlling interests | £0 | £0 |
| Non-current liabilities | £970.2M | £826.8M |
| Long-term borrowings | £404.9M | £237.6M |
| Lease liabilities (non-current) | £337.3M | £361.7M |
| Current liabilities | £952.2M | £991.0M |
| Short-term borrowings | £0 | £38.8M |
| Lease liabilities (current) | £167.1M | £168.3M |
| Trade & other payables | £562.6M | £595.0M |
| Deferred tax liabilities | £41.1M | £52.1M |
| Derived metrics | ||
| Free cash flow | £425.2M | £394.1M |
| Operating margin | 5.1% | 2.7% |
| Net margin | 3.0% | 0.9% |
| Return on equity | 16.7% | 5.3% |
| Cash conversion ratio | 3.07× | 9.42× |
| Capex coverage | 20.78× | 16.58× |
| Other reported items | ||
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | -£2.9M | £0 |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £247.8M | £20.8M |
| Cash Receipts From Repayment of Advances and Loans Made To Other Parties Classified As Investing Activities | £0 | £10.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | £0 | £300.0K |
| Comprehensive Income Attributable To Owners of Parent | £128.5M | -£5.0M |
| Current Contract Assets | £313.0M | £300.0M |
| Current Contract Liabilities | £87.1M | £37.5M |
| Current Derivative Financial Assets | £500.0K | £800.0K |
| Current Derivative Financial Liabilities | £300.0K | £6.6M |
| Current Provisions | £113.0M | £108.9M |
| Current Tax Assets | £23.9M | £25.2M |
| Current Tax Liabilities | £22.1M | £35.9M |
| Deferred Tax Assets | £208.2M | £229.8M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £30.0M | £28.9M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £43.3M | £38.4M |
| Dividends Received From Investments Accounted For Using Equity Method Classified As Investing Activities | £22.9M | £30.8M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£3.5M | -£1.1M |
| Gains Losses On Disposals of Investments | £4.7M | £0 |
| Gains Losses On Exchange Differences On Translation Before Tax | -£500.0K | £0 |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | £200.0K | -£100.0K |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | -£5.2M | -£7.7M |
| Intangible Assets Other Than Goodwill | £162.2M | £101.4M |
| Interest Paid Classified As Financing Activities | £46.0M | £33.8M |
| Interest Received Classified As Investing Activities | £5.7M | £5.3M |
| Investment Income | £6.8M | £7.7M |
| Investments In Subsidiaries Joint Ventures and Associates | £34.1M | £25.1M |
| Issued Capital | £20.1M | £20.5M |
| Liabilities | £1.92B | £1.82B |
| Net Assets Liabilities | £873.6M | £842.5M |
| Noncurrent Contract Assets | £4.5M | £0 |
| Noncurrent Contract Liabilities | £84.6M | £60.7M |
| Noncurrent Derivative Financial Assets | £600.0K | £0 |
| Noncurrent Derivative Financial Liabilities | £700.0K | £600.0K |
| Noncurrent Payables | £17.7M | £21.5M |
| Noncurrent Provisions | £75.8M | £81.4M |
| Noncurrent Receivables | £21.7M | £26.3M |
| Noncurrent Recognised Assets Defined Benefit Plan | £9.6M | £15.2M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £8.1M | £11.2M |
| Other Comprehensive Income | -£17.1M | -£49.2M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | £900.0K | -£400.0K |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -£21.1M | -£18.6M |
| Other Inflows Outflows of Cash Classified As Investing Activities | £0 | £400.0K |
| Other Reserves | -£186.6M | -£165.4M |
| Payments To Acquire Or Redeem Entitys Shares | £50.3M | £141.3M |
| Proceeds From Exercise of Options | £3.9M | £100.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £4.4M | £1.3M |
| Property Plant and Equipment Including Rightofuse Assets | £56.2M | £56.8M |
| Retained Earnings | £577.0M | £524.3M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Before Tax | £700.0K | £700.0K |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | £28.8M | £22.8M |
| Share Premium | £463.1M | £463.1M |
Methodology
Every line item above is a fact tagged in SERCO GROUP 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.