WM MORRISON SUPERMARKETS LIMITED financials

WM MORRISON SUPERMARKETS LIMITED

Country: GB Reporting currency: GBP Latest annual report: 2023-10-30

LEI: 213800IN6LSRGTZSOS29

Financial statements (GBP, as reported — unscaled; 86 line items across 3 annual periods)

Line item	2023-10-30	2023-10-29	2022
Income statement
Revenue	£18.48B	£18.36B	—
Cost of sales	£18.09B	£17.88B	—
Gross profit	£391.0M	£475.0M	—
Administrative expenses	£506.0M	£501.0M	—
Operating profit (EBIT)	£18.0M	£89.0M	—
Finance costs	£88.0M	£77.0M	—
Profit before tax	-£38.0M	£51.0M	—
Income tax expense	-£8.0M	-£1.0M	—
Profit for the year	-£30.0M	£52.0M	-£30.0M
Total comprehensive income	—	-£490.0M	-£12.0M
Cash flow statement
Cash generated from operations	—	£966.0M	£735.0M
Net cash from operating activities	—	£908.0M	£709.0M
Net cash from investing activities	—	£84.0M	-£672.0M
Purchase of PP&E (capex)	—	£335.0M	£430.0M
Purchase of intangibles	—	£73.0M	£79.0M
Net cash from financing activities	—	-£1.00B	-£46.0M
Repayments of borrowings	—	£0	£1.86B
Lease liability payments	—	£97.0M	£78.0M
Balance sheet
Total assets	—	£10.41B	£11.65B
Non-current assets	—	£8.80B	£9.63B
Property, plant & equipment	—	£6.60B	£7.34B
Right-of-use assets	—	£1.21B	£889.0M
Intangible assets & goodwill	—	£398.0M	£416.0M
Current assets	—	£1.61B	£2.02B
Inventories	—	£918.0M	£990.0M
Trade & other receivables	—	£380.0M	£374.0M
Cash & equivalents	—	£279.0M	£287.0M
Total equity	—	£3.68B	£4.17B
Non-current liabilities	—	£2.30B	£2.11B
Long-term borrowings	—	£84.0M	£84.0M
Lease liabilities (non-current)	—	£1.59B	£1.24B
Current liabilities	—	£4.43B	£5.37B
Lease liabilities (current)	—	£82.0M	£73.0M
Trade & other payables	—	£3.44B	£3.45B
Deferred tax liabilities	—	£557.0M	£740.0M
Derived metrics
Free cash flow	—	£573.0M	£279.0M
Operating margin	0.1%	0.5%	—
Net margin	-0.2%	0.3%	—
Return on equity	—	1.4%	-0.7%
Cash conversion ratio	—	17.46×	-23.63×
Capex coverage	—	2.71×	1.65×
Other reported items
Capital Redemption Reserve	—	£39.0M	£39.0M
Cash Advances and Loans From Related Parties	—	-£961.0M	£1.84B
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities	—	£0	£187.0M
Current Derivative Financial Assets	—	£31.0M	£359.0M
Current Derivative Financial Liabilities	—	£13.0M	£3.0M
Current Loans Received and Current Portion of Noncurrent Loans Received	—	£882.0M	£1.84B
Current Tax Assets	—	£0	£8.0M
Current Tax Liabilities	—	£9.0M	£0
Dividends Received From Joint Ventures Classified As Investing Activities	—	£8.0M	£8.0M
Finance Income	£33.0M	£40.0M	—
Income Tax Relating To Components of Other Comprehensive Income	—	-£182.0M	£7.0M
Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss	—	-£114.0M	£84.0M
Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income	—	-£68.0M	-£77.0M
Income Taxes Paid Refund Classified As Operating Activities	—	-£18.0M	-£52.0M
Increase Decrease In Cash and Cash Equivalents	—	-£8.0M	-£9.0M
Increase Decrease Through Exercise of Options	—	—	£1.0M
Increase Decrease Through Transactions With Owners	—	—	£1.0M
Interest Paid Classified As Operating Activities	—	£76.0M	£78.0M
Interest Received Classified As Investing Activities	—	£4.0M	£1.0M
Investment Property	—	£38.0M	£58.0M
Investments In Joint Ventures	—	£14.0M	£27.0M
Issued Capital	—	£245.0M	£245.0M
Liabilities	—	£6.73B	£7.48B
Merger Reserve	—	£2.58B	£2.58B
Net Assets Liabilities	—	£3.68B	£4.17B
Noncurrent Derivative Financial Assets	—	£0	£128.0M
Noncurrent Derivative Financial Liabilities	—	£2.0M	£0
Noncurrent Provisions	—	£63.0M	£43.0M
Noncurrent Receivables	—	£92.0M	£86.0M
Noncurrent Recognised Assets Defined Benefit Plan	—	£453.0M	£691.0M
Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities	—	£0	£2.0M
Other Comprehensive Income	—	-£542.0M	£18.0M
Other Comprehensive Income Before Tax Cash Flow Hedges	—	-£454.0M	£335.0M
Other Comprehensive Income Before Tax Exchange Differences On Translation	—	£2.0M	-£1.0M
Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans	—	-£272.0M	-£309.0M
Other Comprehensive Income Before Tax Hedges of Net Investments In Foreign Operations	—	£2.0M	-£1.0M
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax	—	-£338.0M	£250.0M
Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax	—	-£204.0M	-£232.0M
Other Operating Income Expense	£123.0M	£114.0M	—
Payments To Acquire Or Redeem Entitys Shares	—	£0	-£41.0M
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities	—	£480.0M	£17.0M
Reserve of Cash Flow Hedges	—	£33.0M	£373.0M
Retained Earnings	—	£535.0M	£685.0M
Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method	-£1.0M	-£1.0M	—
Share Premium	—	£253.0M	£253.0M

Methodology

Every line item above is a fact tagged in WM MORRISON SUPERMARKETS LIMITED'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.