Legal & General Group (LGEN)

Sector:

Insurance

Index:

FTSE 100

220.40p
   
  • Change Today:
      7.70p
  • 52 Week High: 318.40
  • 52 Week Low: 138.60
  • Currency: UK Pounds
  • Shares Issued: 5,966m
  • Volume: 7,288,143
  • Market Cap: £13,150m
  • RiskGrade: 308

Dividend Data

  31-Dec-1931-Dec-1831-Dec-1731-Dec-1631-Dec-15
Interim Dividend4.93p4.60p4.30p4.00p3.45p
Final Dividend12.64p11.82p11.05p10.35p9.95p
Total Dividend17.57p16.42p15.35p14.35p13.40p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
Revenue 15,203.00 12,843.00 7,932.00 10,252.00 6,321.00
Operating Profit/(Loss) 2,425.00 2,367.00 2,273.00 1,708.00 1,600.00
Net Interest (269.00) (238.00) (212.00) (191.00) (186.00)
Profit Before Tax 2,156.00 2,129.00 2,061.00 1,517.00 1,414.00
Profit After Tax 1,787.00 1,765.00 1,822.00 1,174.00 1,094.00
Discontinued Operations          
Profit After Tax 23.00 43.00 80.00 91.00 n/a
PROFIT FOR THE PERIOD 1,810.00 1,808.00 1,902.00 1,265.00 1,094.00
Attributable to:          
Equity Holders of Parent Company 1,834.00 1,827.00 1,891.00 1,258.00 1,075.00
Minority Interests (24.00) (19.00) 11.00 7.00 19.00
           
Continuing EPS          
Earnings per Share - Basic 30.53p 30.07p 30.52p 19.68p 18.16p
Earnings per Share - Diluted 30.36p 29.92p 30.38p 19.59p 18.04p
Earnings per Share - Adjusted 30.53p 30.07p 30.52p 19.68p 18.58p
Continuing and Discontinued EPS          
Earnings per Share - Basic 30.92p 30.79p 21.87p 21.22p 18.16p
Earnings per Share - Diluted 30.75p 30.64p 31.73p 21.13p 18.04p
Earnings per Share - Adjusted 30.92p 30.79p 21.87p 21.22p 18.58p
           
Dividend per Share 17.57p 16.42p 15.35p 14.35p 13.40p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Assets          
Non-Current Assets          
Property, Plant & Equipment 298.00 57.00 59.00 76.00 92.00
Intangible Assets 64.00 65.00 149.00 166.00 375.00
Investment Properties 7,695.00 6,965.00 7,110.00 8,150.00 8,082.00
Investments 498,700.00 430,757.00 443,414.00 430,718.00 354,283.00
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 4,120.00
  506,757.00 437,844.00 450,732.00 439,110.00 366,952.00
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 13,923.00 17,321.00 18,919.00 15,348.00 20,677.00
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a n/a
  13,923.00 17,321.00 18,919.00 15,348.00 20,677.00
           
Other Assets 34,117.00 32,615.00 29,156.00 7,803.00 9,170.00
Total Assets 560,607.00 492,517.00 504,352.00 467,854.00 396,799.00
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities n/a n/a n/a n/a n/a
  n/a n/a n/a n/a n/a
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 5,111.00 4,948.00 3,997.00 3,501.00 3,628.00
Provisions 1,591.00 1,469.00 1,569.00 2,141.00 1,744.00
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  6,702.00 6,417.00 5,566.00 5,642.00 5,372.00
           
Other Liabilities 467,166.00 412,741.00 429,886.00 388,356.00 45,187.00
Total Liabilities 551,185.00 483,865.00 496,760.00 460,571.00 390,106.00
           
Net Assets 9,422.00 8,652.00 7,592.00 7,283.00 6,693.00
           
Capital & Reserves          
Share Capital 149.00 149.00 149.00 149.00 149.00
Share Premium Account 1,000.00 992.00 988.00 981.00 976.00
Other Reserves 185.00 178.00 128.00 182.00 59.00
Retained Earnings 8,033.00 7,261.00 6,251.00 5,633.00 5,220.00
Shareholders Funds 9,367.00 8,580.00 7,516.00 6,945.00 6,404.00
           
Minority Interests/Other Equity 55.00 72.00 76.00 338.00 289.00
Total Equity 9,422.00 8,652.00 7,592.00 7,283.00 6,693.00
Cash Flow 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Net Cash Flow From Operating Activities (3,285.00) (361.00) 4,411.00 4,089.00 (823.00)
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 138.00 (205.00) (14.00) (380.00) (182.00)
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 (692.00) (281.00) (485.00) (948.00) (532.00)
Net Increase/Decrease In Cash (3,839.00) (847.00) 3,912.00 2,761.00 (1,537.00)
Ratios - based on IFRS 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
PE Ratio - Adjusted 9.9 7.7 9.0 12.6 14.4
PEG - Adjusted 5.0 n/a 0.2 2.1 1.3
Earnings per Share Growth - Adjusted 2% -2% 55% 6% 11%
Dividend Cover 1.74 1.83 1.99 1.37 1.39
Revenue per Share 254.81p 215.25p 132.94p 171.83p 105.94p
Pre-Tax Profit per Share 36.13p 35.68p 34.54p 25.43p 23.70p
Operating Margin 15.95% 18.43% 28.66% 16.66% 25.31%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 9.8 7.5 12.5 11.7 14.4
PEG - Adjusted n/a 0.2 4.2 0.8 1.3
Earnings per Share Growth - Adjusted 0% 41% 3% 14% 11%
Dividend Cover 1.76 1.88 1.42 1.48 1.39
           
Dividend Yield 5.8% 7.1% 5.6% 5.8% 5.0%
Dividend per Share Growth 7.00% 6.97% 6.97% 7.09% 19.11%
Operating Cash Flow per Share (55.06p) (6.05p) 73.93p 68.53p (13.79p)
Cash Incr/Decr per Share (64.34p) (14.20p) 65.57p 46.27p (25.76p)
Net Asset Value per Share (exc. Intangibles) 156.84p 143.92p 124.75p 119.28p 105.89p
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.

 

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