Financial information

The financial summary (unaudited) set out below has been derived from the audited consolidated financial statements of United Utilities Group PLC for the five years ended 31 March 2017.

 

Year ended 31 March

Continuing operations 

2017

£m

2016

£m 

2015

£m 

2014

£m 

2013

£m 

 Revenue 1,704.0  1,730.0  1,720.2  1,688.8  1,636.0
           
Operating profit per published results 605.5  567.9  653.3  630.2  601.6
 Underlying operating profit 622.9  604.1  664.3  634.6  604.2
           
 Profit before tax per published results 442.4  353.5  341.6  543.3  311.8
 Underlying profit before tax 389.4 408.1  447.4   388.1  351.4
           
 Profit after taxation per published results 433.9  397.5  271.2  738.6  287.8
 Underlying profit after tax 313.4  325.3  354.1  304.9  264.2
           
 Earnings per share (basic) per published results (pence) 63.6p  58.3p 39.8p   108.3p  42.2p
 Underlying earnings per share (pence) 46.0p  47.7p  51.9p  44.7p  38.7p
           
 Dividend per ordinary share (pence) 38.87p 38.45p  37.70p  36.04p   34.32p
           
Non-current assets  11,768.2  11,280.8 10,664.8  9,929.6   9,777.8
Current assets  657.9  626.0 638.8  542.9  630.2 
Total assets  12,426.1  11,906.8 11,303.6   10,472.5 10,408.0 
           
Non-current liabilities  (8,914.7) (8,357.1) (7,867.7)  (7,660.3)  (7,845.8) 
Current liabilities  (689.8)  (844.2)  (1,001.5)  (596.3) (690.3) 
Total liabilities  (9,604.5)  (9,201.3) (8,869.2)  (8,256.6)  (8,536.1) 
           
Total net assets and shareholders' equity  2,821.6  2,705.5  2,434.4 2,215.9  1,871.9 
           
Net cash generated from operating activities  820.8 685.6  706.5  797.2  631.1 
Net cash used in investing activities  (804.6)  (676.8)  (704.9)  (678.6) (643.8) 
Net cash (used in)/generated from financing activities  22.0  (46.4) 139.2  (211.5)   (115.5)
Net (decrease)/increase in cash and cash equivalents  38.2 (37.6)  140.8  (92.9)   (128.2)
           
Net debt  6,578.7 6,260.5  5,924.0  5,519.9  5,450.6 
RCV gearing* (%)  61%  61%  59% 58%  60% 

* Regulatory capital value (RCV) gearing is caluculated as group net debt divided by the RCV (expressed in out-turn prices) of United Utilities Water Limited.