SSE (SSE)

Sector:

Electricity Generation and Distribution

Index:

FTSE 100

1,655.00p
   
  • Change Today:
    -12.00p
  • 52 Week High: 1,900.00
  • 52 Week Low: 1,508.00
  • Currency: UK Pounds
  • Shares Issued: 1,093.44m
  • Volume: 3,094,193
  • Market Cap: £18,096m
  • RiskGrade: 133

Dividend Data

  31-Mar-2331-Mar-2231-Mar-2131-Mar-2031-Mar-19
Interim Dividend29.00p25.50p24.40p24.00p29.30p
Final Dividend67.70p60.20p56.60p56.00p68.20p
Total Dividend96.70p85.70p81.00p80.00p97.50p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
Revenue 12,490.70 8,697.20 6,826.40 6,800.60 7,301.50
Operating Profit/(Loss) (808.60) 3,639.70 2,611.50 809.50 1,484.40
Net Interest (59.30) (273.20) (227.10) (375.80) (313.30)
Profit Before Tax (205.60) 3,476.30 2,516.40 587.60 1,300.30
Profit After Tax (95.60) 2,595.00 2,292.10 466.10 1,310.20
Discontinued Operations          
Profit After Tax 35.00 482.70 30.70 (478.60) 145.50
PROFIT FOR THE PERIOD (60.60) 3,077.70 2,322.80 (12.50) 1,455.70
Attributable to:          
Equity Holders of Parent Company (123.00) 3,027.00 2,276.20 (59.00) 1,409.10
Minority Interests 62.40 50.70 46.60 46.50 46.60
           
Continuing EPS          
Earnings per Share - Basic (14.70p) 241.20p 215.70p 40.60p 123.70p
Earnings per Share - Diluted (14.70p) 240.70p 215.40p 40.60p 123.70p
Earnings per Share - Adjusted 166.00p 94.80p 87.50p 83.60p 61.80p
Continuing and Discontinued EPS          
Earnings per Share - Basic (11.40p) 286.90p 218.70p (5.70p) 137.90p
Earnings per Share - Diluted (11.40p) 286.40p 218.30p (5.70p) 137.90p
Earnings per Share - Adjusted 166.00p 94.80p 87.50p 83.60p 61.80p
           
Dividend per Share 96.70p 85.70p 81.00p 80.00p 97.50p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 15,395.90 14,612.80 13,254.30 12,814.70 12,429.40
Intangible Assets 1,960.30 1,127.80 841.30 1,101.40 960.10
Investment Properties n/a n/a n/a n/a n/a
Investments 3,079.80 1,985.10 2,201.40 2,697.10 2,834.90
Other Financial Assets 246.00 371.70 114.70 308.20 244.40
Other Non-Current Assets 690.60 721.30 659.00 634.20 537.70
  21,372.60 18,818.70 17,070.70 17,555.60 17,006.50
Current Assets          
Inventories 394.90 266.60 234.90 174.00 228.50
Trade & Other Receivables 3,245.10 2,211.00 1,488.20 1,761.20 1,836.90
Cash at Bank & in Hand 891.80 1,049.30 1,600.20 164.60 431.60
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 1,234.00 3,409.90 1,197.60 1,376.30 2,965.80
  5,765.80 6,936.80 4,520.90 3,476.10 5,462.80
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 27,138.40 25,755.50 21,591.60 21,031.70 22,469.30
           
Liabilities          
Current Liabilities          
Borrowings 1,820.60 1,190.80 937.60 1,966.90 697.40
Other Current Liabilities 2,940.40 3,467.40 2,571.60 3,241.30 4,613.20
  4,761.00 4,658.20 3,509.20 5,208.20 5,310.60
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 7,239.30 7,873.90 8,473.00 8,205.50 8,670.20
Provisions 2,041.80 2,662.00 1,567.60 1,245.90 1,629.30
Other Non-Current Liabilities 1,980.90 1,392.00 1,360.70 1,452.00 1,066.90
  11,262.00 11,927.90 11,401.30 10,903.40 11,366.40
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 16,023.00 16,586.10 14,910.50 16,111.60 16,677.00
           
Net Assets 11,115.40 9,169.40 6,681.10 4,920.10 5,792.30
           
Capital & Reserves          
Share Capital 547.00 536.50 524.50 523.10 523.40
Share Premium Account 821.20 835.10 847.10 875.60 879.60
Other Reserves 525.90 133.30 (84.00) (55.50) (68.40)
Retained Earnings 6,689.80 6,572.90 3,921.10 2,407.20 3,288.00
Shareholders Funds 8,583.90 8,077.80 5,208.70 3,750.40 4,622.60
           
Minority Interests/Other Equity 2,531.50 1,091.60 1,472.40 1,169.70 1,169.70
Total Equity 11,115.40 9,169.40 6,681.10 4,920.10 5,792.30
Cash Flow 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Net Cash Flow From Operating Activities 1,494.00 1,627.90 1,817.20 1,300.20 1,176.70
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 (2,964.40) (744.90) 443.70 (1,012.20) (722.50)
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 1,312.90 (1,433.90) (825.30) (650.20) (159.60)
Net Increase/Decrease In Cash (157.50) (550.90) 1,435.60 (362.20) 294.60
Ratios - based on IFRS 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
PE Ratio - Adjusted 10.9 18.4 16.6 15.6 19.2
PEG - Adjusted 0.1 2.3 3.3 0.4 n/a
Earnings per Share Growth - Adjusted 75% 8% 5% 35% -37%
Dividend Cover 1.72 1.11 1.08 1.04 0.63
Revenue per Share 1,161.28p 824.38p 6.62p 658.65p 714.64p
Pre-Tax Profit per Share (19.11p) 329.51p 2.44p 56.91p 127.27p
Operating Margin (6.47%) 41.85% 38.26% 11.90% 20.33%
Return on Capital Employed n/a 18.97% 0.16% 6.32% 10.19%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 10.9 18.4 1,647.4 15.6 19.2
PEG - Adjusted 0.1 0.0 n/a 0.4 n/a
Earnings per Share Growth - Adjusted 75% 10,633% -99% 35% -37%
Dividend Cover 1.72 1.11 0.01 1.04 0.63
           
Dividend Yield 5.4% 4.9% 5.6% 6.1% 8.2%
Dividend per Share Growth 12.84% 5.80% 1.25% (17.95%) 2.96%
Operating Cash Flow per Share 138.90p 154.30p 174.58p 125.93p 115.17p
Cash Incr/Decr per Share (14.64p) (52.22p) 1.39p (35.08p) 28.83p
Net Asset Value per Share (exc. Intangibles) 851.16p 762.24p 561.03p 369.85p 472.96p
Net Gearing 95.16% 99.23% 149.95% 266.85% 193.31%

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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