M&G (MNG)

Sector:

Financials

Index:

FTSE 100

238.90p
   
  • Change Today:
    -0.50p
  • 52 Week High: 240.30
  • 52 Week Low: 172.80
  • Currency: UK Pounds
  • Shares Issued: 2,404.75m
  • Volume: 6,275,328
  • Market Cap: £5,745m
  • RiskGrade: 186

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
Total Dividend6.60p19.70p19.60p18.30p18.23p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 4,095.00 3,887.00 3,325.00 4,784.00 5,796.00
Operating Profit/(Loss) 242.00 886.00 (2,895.00) 867.00 1,827.00
Net Interest (121.00) (160.00) (162.00) (160.00) (167.00)
Profit Before Tax 145.00 749.00 (3,019.00) 81.00 1,605.00
Profit After Tax (347.00) 309.00 (2,055.00) 92.00 1,142.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (347.00) 309.00 (2,055.00) 92.00 1,142.00
Attributable to:          
Equity Holders of Parent Company (347.00) 309.00 (2,068.00) 83.00 1,138.00
Minority Interests 13.00 12.00 13.00 9.00 4.00
           
Continuing EPS          
Earnings per Share - Basic (15.10p) 12.70p (83.60p) 3.30p 44.40p
Earnings per Share - Diluted (15.10p) 12.40p (83.60p) 3.20p 44.00p
Earnings per Share - Adjusted (15.10p) 12.70p (83.60p) 3.30p 44.40p
Continuing and Discontinued EPS          
Earnings per Share - Basic (15.10p) 12.70p (83.60p) 3.30p 44.40p
Earnings per Share - Diluted (15.10p) 12.40p (83.60p) 3.20p 44.00p
Earnings per Share - Adjusted (15.10p) 12.70p (83.60p) 3.30p 44.40p
           
Dividend per Share 20.10p 19.70p 19.60p 18.30p 18.23p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 1,654.00 2,065.00 1,953.00 2,536.00 2,066.00
Intangible Assets 1,714.00 1,815.00 1,877.00 1,615.00 1,495.00
Investment Properties 14,385.00 15,422.00 16,505.00 19,698.00 19,106.00
Investments 65,174.00 66,535.00 70,540.00 74,538.00 68,875.00
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets n/a n/a n/a n/a n/a
  82,927.00 85,837.00 90,875.00 98,387.00 91,542.00
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables n/a n/a n/a n/a n/a
Cash at Bank & in Hand 4,838.00 5,148.00 4,884.00 6,908.00 6,776.00
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 65.00 67.00 255.00 375.00 418.00
  4,903.00 5,215.00 5,139.00 7,283.00 7,194.00
           
Other Assets 95,312.00 96,985.00 94,023.00 113,464.00 118,229.00
Total Assets 184,224.00 189,180.00 191,158.00 219,134.00 228,726.00
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities n/a n/a 58.00 n/a n/a
  n/a n/a 58.00 n/a n/a
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 6,911.00 8,034.00 7,957.00 9,343.00 8,621.00
Provisions 819.00 764.00 885.00 1,557.00 1,151.00
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  7,730.00 8,798.00 8,842.00 10,900.00 9,772.00
           
Other Liabilities 9,999.00 11,378.00 35,623.00 202,889.00 136,719.00
Total Liabilities 180,901.00 185,096.00 186,847.00 213,789.00 223,141.00
           
Net Assets 3,323.00 4,084.00 4,311.00 5,345.00 5,585.00
           
Capital & Reserves          
Share Capital 120.00 119.00 119.00 130.00 130.00
Share Premium Account 383.00 379.00 370.00 370.00 370.00
Other Reserves (11,657.00) (11,680.00) (11,730.00) (11,754.00) (11,776.00)
Retained Earnings 14,435.00 15,223.00 15,504.00 16,550.00 16,853.00
Shareholders Funds 3,281.00 4,041.00 4,263.00 5,296.00 5,577.00
           
Minority Interests/Other Equity 42.00 43.00 48.00 49.00 8.00
Total Equity 3,323.00 4,084.00 4,311.00 5,345.00 5,585.00
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 677.00 1,719.00 (504.00) 1,302.00 2,576.00
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities 152.00 (603.00) (368.00) (466.00) (957.00)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (1,142.00) (680.00) (1,202.00) (681.00) (880.00)
Net Increase/Decrease In Cash (313.00) 436.00 (2,074.00) 155.00 739.00
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted n/a 17.5 n/a 60.5 4.5
PEG - Adjusted n/a n/a n/a n/a 0.5
Earnings per Share Growth - Adjusted n/a n/a n/a -93% 9%
Dividend Cover (0.75) 0.64 (4.27) 0.18 2.44
Revenue per Share 171.48p 165.40p 134.40p 188.20p 226.14p
Pre-Tax Profit per Share 6.07p 31.87p (122.03p) 3.19p 62.62p
Operating Margin 5.91% 22.79% (87.07%) 18.12% 31.52%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a 17.5 n/a 60.5 4.5
PEG - Adjusted n/a n/a n/a n/a 1.5
Earnings per Share Growth - Adjusted n/a n/a n/a -93% 3%
Dividend Cover (0.75) 0.64 (4.27) 0.18 2.44
           
Dividend Yield 10.2% 8.9% 10.4% 9.2% 9.2%
Dividend per Share Growth 2.03% 0.51% 7.10% 0.38% 52.94%
Operating Cash Flow per Share 28.35p 73.15p (20.37p) 51.22p 100.51p
Cash Incr/Decr per Share (13.11p) 18.55p (83.83p) 6.10p 28.83p
Net Asset Value per Share (exc. Intangibles) 67.38p 96.55p 98.38p 146.74p 159.58p
Net Gearing n/a n/a n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

Top of Page