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 2018.

 

Year ended 31 March

Continuing operations 

2018

£m

2017

£m

2016

£m 

2015

£m 

2014

£m 

 Revenue 1,735.8 1,704.0  1,730.0  1,720.2  1,688.8
           
Operating profit per published results 636.4 605.5  567.9  653.3  630.2
 Underlying operating profit 645.1 622.9  604.1  664.3  634.6
           
 Profit before tax per published results 432.1 442.4  353.5  341.6  543.3
 Underlying profit before tax 370.2 389.4 408.1  447.4   388.1
           
 Profit after taxation per published results 354.6 433.9  397.5  271.2  738.6
 Underlying profit after tax 304.9 313.4  325.3  354.1  304.9
           
 Earnings per share (basic) per published results (pence) 52.0p 63.6p  58.3p 39.8p   108.3p
 Underlying earnings per share (pence) 44.7p 46.0p  47.7p  51.9p  44.7p
           
 Dividend per ordinary share (pence) 39.73p 38.87p 38.45p  37.70p  36.04p 
           
Non-current assets  11,853.6 11,768.2  11,280.8 10,664.8  9,929.6 
Current assets  1,149.9 657.9  626.0 638.8  542.9 
Total assets  13,003.5 12,426.1  11,906.8 11,303.6   10,472.5
           
Non-current liabilities  (8,911.1) (8,914.7) (8,357.1) (7,867.7)  (7,660.3) 
Current liabilities  (1,141.5) (689.8)  (844.2)  (1,001.5)  (596.3)
Total liabilities  (10,052.6) (9,604.5)  (9,201.3) (8,869.2)  (8,256.6) 
           
Total net assets and shareholders' equity  2,950.9 2,821.6  2,705.5  2,434.4 2,215.9 
           
Net cash generated from operating activities  815.6 820.8 685.6  706.5  797.2 
Net cash used in investing activities  (723.2) (804.6)  (676.8)  (704.9)  (678.6)
Net cash (used in)/generated from financing activities  184.7 22.0  (46.4) 139.2  (211.5) 
Net (decrease)/increase in cash and cash equivalents  277.1 38.2 (37.6)  140.8  (92.9) 
           
Net debt  6,867.8 6,578.7 6,260.5  5,924.0  5,519.9 
RCV gearing* (%)  61% 61%  61%  59% 58% 

* 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.