Financial overview | Mobico Group

<!DOCTYPE html> <html lang="en"> <head><script type="text/javascript" src="https://web-static.archive.org/_static/js/bundle-playback.js?v=7YQSqjSh" charset="utf-8"></script> <script type="text/javascript" src="https://web-static.archive.org/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="https://web-static.archive.org/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("http://web.archive.org/web"); __wm.wombat("https://www.mobicogroup.com/investors/investment-case/financial-overview/","20230728140756","http://web.archive.org/","web","https://web-static.archive.org/_static/", "1690553276"); </script> <link rel="stylesheet" type="text/css" href="https://web-static.archive.org/_static/css/banner-styles.css?v=p7PEIJWi" /> <link rel="stylesheet" type="text/css" href="https://web-static.archive.org/_static/css/iconochive.css?v=3PDvdIFv" />  <title>Financial overview | Mobico Group</title> <meta charset="utf-8"/> <meta http-equiv="X-UA-Compatible" content="IE=edge"/> <meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no"/> <meta name="referrer" content="strict-origin-when-cross-origin"> <meta name="keywords" content="Financial overview"> <meta name="description" content="Financial overview"/> <link rel="icon" type="image/png" sizes="32x32" href="/web/20230728140756im_/https://www.mobicogroup.com/favicon-16x16.png"> <link rel="icon" type="image/png" sizes="16x16" href="/web/20230728140756im_/https://www.mobicogroup.com/favicon-32x32.png"> <link rel="apple-touch-icon" sizes="180x180" href="/web/20230728140756im_/https://www.mobicogroup.com/apple-touch-icon.png"> <link rel="android-chrome-192x192" sizes="192x192" href="/android-chrome-192x192.png"> <link rel="android-chrome-512x512" sizes="512x512" href="/android-chrome-512x512.png"> <link rel="manifest" href="/web/20230728140756/https://www.mobicogroup.com/site.webmanifest"> <meta name="msapplication-TileColor" content="#da532c"> <meta name="msapplication-config" content="/favicons/browserconfig.xml"> <meta name="theme-color" content="#ffffff"> <meta property="og:type" content="website"/> <meta property="og:title" content="Financial overview"/> <meta property="og:url" content="http://web.archive.org/web/20230728140756/https://www.mobicogroup.com/investors/investment-case/financial-overview/"/> <meta property="og:image" content="http://web.archive.org/web/20230728140756im_/https://www.mobicogroup.com/static/img/nex-placeholder-image.jpg?format=webp"/> <meta property="og:image:width" content="1200"/> <meta property="og:image:height" content="630"/> <meta property="og:site_name" content="Mobico Group"/> <meta property="og:description" name="description" content="Financial overview"/> <meta name="twitter:card" content="summary"/> <meta name="twitter:site" content="Mobico Group"/> <meta name="twitter:title" content="Financial overview"/> <meta name="twitter:description" content="Financial overview"/> <meta name="twitter:image" content="http://web.archive.org/web/20230728140756im_/https://www.mobicogroup.com/static/img/nex-placeholder-image.jpg?format=webp"/> <link as="style" href="/web/20230728140756/https://www.mobicogroup.com/static/css/main.css?v=20230725014136" rel="preload"/> <link as="style" href="/web/20230728140756/https://www.mobicogroup.com/static/css/extras.min.css?v=20230725014136" rel="preload"/> <link as="script" href="/web/20230728140756/https://www.mobicogroup.com/static/js/jquery-3.3.1.min.js?v=20230725014136" rel="preload"/> <link as="script" href="/web/20230728140756/https://www.mobicogroup.com/static/js/jquery.cookie.min.js?v=20230725014136" rel="preload"/> <link as="script" href="/web/20230728140756/https://www.mobicogroup.com/static/js/main.js?v=20230725014136" rel="preload"/> <link as="script" href="/web/20230728140756/https://www.mobicogroup.com/static/js/lazysizes.min.js?v=20230725014136" rel="preload"/> <link rel="preconnect" href="http://web.archive.org/web/20230728140756/https://cdn-ukwest.onetrust.com/"/> <link href="/web/20230728140756cs_/https://www.mobicogroup.com/static/css/main.css?v=20230725014136" rel="stylesheet" type="text/css"/> <link href="/web/20230728140756cs_/https://www.mobicogroup.com/static/css/extras.min.css?v=20230725014136" rel="stylesheet" type="text/css"/>  <script type="text/javascript" src="http://web.archive.org/web/20230728140756js_/https://cdn-ukwest.onetrust.com/consent/63d8fe6a-ee2c-4080-b04e-c3d237b1a2cb/OtAutoBlock.js"></script> <script src="http://web.archive.org/web/20230728140756js_/https://cdn-ukwest.onetrust.com/scripttemplates/otSDKStub.js" type="text/javascript" charset="UTF-8" data-domain-script="63d8fe6a-ee2c-4080-b04e-c3d237b1a2cb"></script> <script type="text/javascript"> function OptanonWrapper() { } </script> <script> (function (i, s, o, g, r, a, m) { i['GoogleAnalyticsObject'] = r; i[r] = i[r] || function () { (i[r].q = i[r].q || []).push(arguments) }, i[r].l = 1 * new Date(); a = s.createElement(o), m = s.getElementsByTagName(o)[0]; a.async = 1; a.src = g; m.parentNode.insertBefore(a, m) })(window, document, 'script', '//web.archive.org/web/20230728140756/https://www.google-analytics.com/analytics.js', 'ga'); ga('create', 'UA-52691782-1', { 'cookieDomain': 'none' }); ga('send', 'pageview'); </script> </head> <body> <header class="main-nav component-template" role="banner"> <div class="top-mega-nav"> <div class="top-mega-nav-container"> <div class="close-toggle"> <span class="icon-close-teal"></span> </div> <div id="tab1" class="tab_content"> <div class="inner"> <div class="country"> <h3>UK & Ireland</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.nationalexpress.com/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>National Express Coaches</p> </a> </div> </li> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/http://www.nxbus.co.uk/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>National Express West Midlands</p> </a> </div> </li> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://nxbus.co.uk/coventry" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>National Express Coventry</p> </a> </div> </li> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.dublinexpress.ie/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>Dublin Express</p> </a> </div> </li> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.touromo.com/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>Touromo</p> </a> </div> </li> </ul> </div> <div class="country"> <h3>North America</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://nellc.com/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>North America</p> </a> </div> </li> </ul> </div> <div class="country"> <h3>Spain & Portugal</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://alsa.es/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>ALSA Spain</p> </a> </div> </li> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.alsatodi.pt/en/home" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>ALSA Portugal</p> </a> </div> </li> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.sanir.com/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>Sanir</p> </a> </div> </li> </ul> </div> <div class="country"> <h3>Morocco</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.alsa.ma/es/inicio" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>ALSA Morocco</p> </a> </div> </li> </ul> </div> <div class="country"> <h3>Switzerland</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.alpybus.com/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>Alpybus</p> </a> </div> </li> </ul> </div> <div class="country"> <h3>Germany</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://nationalexpress.de/tickets-tarife" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>National Express Germany</p> </a> </div> </li> </ul> </div> </div> </div> <div id="tab2" class="tab_content"> <div class="inner"> <div class="country"> <h3>UK</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://ne-transportsolutions.com/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>National Express Transport Solutions</p> </a> </div> </li> </ul> </div> <div class="country"> <h3>North America</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.nellc.com/charters/" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>National Express Charter</p> </a> </div> </li> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://wedriveu.com/" rel="noopener"> <span class="icon-external-link"></span> <p>WeDriveU</p> </a> </div> </li> </ul> </div> <div class="country"> <h3>Spain</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.alsa.com/en/web/bus/hire" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>ALSA corporate solutions</p> </a> </div> </li> </ul> </div> <div class="country"> <h3>Switzerland</h3> <p class="semi-bold"></p> <ul> <li> <div class="country-inner"> <a href="http://web.archive.org/web/20230728140756/https://www.alpybus.com/bus-coach-rental" rel="noopener" target="_blank"> <span class="icon-external-link"></span> <p>Alpybus Private Hire</p> </a> </div> </li> </ul> </div> </div> </div> </div> <div class="top-mega-nav-inner"> <div class="top-mega-nav-welcome"> <div class="nav--shareprice col-lg-6"> <p>92.90 GBX <span>-</span>-2.10 (-2.21%) 28 July, 2:50 PM BST </p> </div> <ul class="col-lg-6"> <li rel="tab1"> Our Brands </li> <li rel="tab2"> Partner with us</li> </ul> </div> </div> </div> <a href="/web/20230728140756/https://www.mobicogroup.com/" class="logo-main-mobile"></a> <nav class="navigation-wrapper menu" class="" role="navigation" aria-label="Main menu"> <button type="button" class="hamburger hamburger--collapse"> <span class="menu-span">Menu</span> <span class="hamburger-box"> <span class="hamburger-inner"></span> </span> </button> <ul data-accordion-menu="" class="nav-main nav__subnav-primary multilevel-accordion-menu vertical menu level-1 list-reset" role="menubar" aria-hidden="false"> <li class="nav__item first"> <a href="/web/20230728140756/https://www.mobicogroup.com/" class="nex-logo"></a> </li> <li class="search-mobile-wrapper"> <div class="search-mobile"> <form autocomplete="off" action="/web/20230728140756/https://www.mobicogroup.com/search/" method="get" class="search-content"> <input type="text" name="q" value="" class="search-input" placeholder="Search"> <input type="submit" value="Submit" class="mobile-search-input"><span class="icon-search-black"></span> </form> </div> </li> <li class="share-price-mobile-wrapper"> <div class="share-price-mobile"> <h3 class="up">251.23 GBX <p><span>+</span>2.43 (0.98%)</p></h3> </div> </li> <li class="nav__item has-children "> <a href="/web/20230728140756/https://www.mobicogroup.com/about-us/" class="nav__link" role="menuitem">About us</a> <button class="expand-menu"><span class="icon-chevron-right-teal"></span></button> <div class="submenu-wrapper"> <div class="submenu-wrapper-inner"> <div class="full-nav-col"> <ul class="nav__subnav-secondary menu vertical sublevel-1"> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-vision-and-purpose/"> Our Vision and Purpose </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-strategy/"> Our strategy </a> </li> <li class="sub-nested has-children"> <a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-businesses/"> Our businesses </a> <button class="expand-menu-secondary"> <span class="icon-chevron-right-teal"></span> </button> <ul class="nav__subnav-tertiary"> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-businesses/alsa/">ALSA</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-businesses/north-america/">North America</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-businesses/uk-ireland/">UK & Ireland</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-businesses/germany/">Germany</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-businesses/bahrain/">Bahrain</a></li> </ul> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-leadership-team/"> Our leadership team </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-history/"> Our history </a> </li> <li class="sub-nested has-children"> <a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-policies/"> Our policies </a> <button class="expand-menu-secondary"> <span class="icon-chevron-right-teal"></span> </button> <ul class="nav__subnav-tertiary"> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-policies/modern-slavery-statement/">Modern Slavery Statement</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-policies/gender-pay-gap-reporting/">Gender pay gap reporting</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-policies/tax-policy/">Tax policy</a></li> </ul> </li> <li class="sub-nested has-children"> <a href="/web/20230728140756/https://www.mobicogroup.com/about-us/corporate-governance/"> Corporate governance </a> <button class="expand-menu-secondary"> <span class="icon-chevron-right-teal"></span> </button> <ul class="nav__subnav-tertiary"> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/corporate-governance/governance-framework/">Governance framework</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/corporate-governance/role-of-the-board/">Role of the Board</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/corporate-governance/committees/">Committees</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/corporate-governance/remuneration/">Remuneration</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/corporate-governance/audit-risk-and-internal-control/">Audit, risk and internal control</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/corporate-governance/composition-succession-and-evaluation/">Composition, succession and evaluation</a></li> </ul> </li> </ul> <div class="tout-right"> <div class="image-tout-wrapper"> <div class="img-wrapper image-sm"> <img alt="Alsa1" class="fit-cover lazyload" data-src="/media/ge4pwyhs/alsa1.jpg?anchor=center&mode=crop&widthcrop=430&height=255&rnd=133261980640930000&format=webp"/> </div> <h5>How we create value</h5> <p>Value drivers that differentiate us from our peers as a leading operator in this critical sector. </p> </div></div> </div> </div> </div> </li> <li class="nav__item has-children "> <a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/" class="nav__link" role="menuitem">Sustainability</a> <button class="expand-menu"><span class="icon-chevron-right-teal"></span></button> <div class="submenu-wrapper"> <div class="submenu-wrapper-inner"> <div class="full-nav-col"> <ul class="nav__subnav-secondary menu vertical sublevel-1"> <li class="sub-nested has-children"> <a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/sustainability-strategy/"> Sustainability strategy </a> <button class="expand-menu-secondary"> <span class="icon-chevron-right-teal"></span> </button> <ul class="nav__subnav-tertiary"> <li><a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/sustainability-strategy/we-respect-the-planet/">We respect the planet</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/sustainability-strategy/we-move-people/">We move people</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/sustainability-strategy/we-connect-places/">We connect places</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/sustainability-strategy/we-act-responsibly/">We act responsibly</a></li> </ul> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/sustainability-key-targets-and-metrics/"> Sustainability key targets & metrics </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/performance-reports-and-data/"> Performance, reports and data </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/task-force-on-climate-related-financial-disclosures/"> Task Force on Climate-related Financial Disclosures </a> </li> </ul> <div class="tout-right"> <div class="image-tout-wrapper"> <div class="img-wrapper image-sm"> <img alt="School Bus Mechanic" class="fit-cover lazyload" data-src="/media/uzcic5jw/school-bus-mechanic.jpg?anchor=center&mode=crop&widthcrop=430&height=255&rnd=133261982926470000&format=webp"/> </div> <h5>Our targets</h5> <p>Our Sustainable Development ambitions address some of the most challenging issues facing society.</p> <div class="btn-wrapper"> <a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/sustainability-strategy/#targets" class="default-link"> Sustainability strategy </a> </div> </div></div> </div> </div> </div> </li> <li class="nav__item has-children "> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/" class="nav__link" role="menuitem">Investors</a> <button class="expand-menu"><span class="icon-chevron-right-teal"></span></button> <div class="submenu-wrapper"> <div class="submenu-wrapper-inner"> <div class="full-nav-col"> <ul class="nav__subnav-secondary menu vertical sublevel-1"> <li class="sub-nested has-children"> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/investment-case/"> Investment case </a> <button class="expand-menu-secondary"> <span class="icon-chevron-right-teal"></span> </button> <ul class="nav__subnav-tertiary"> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/investment-case/what-we-do/">What we do</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/investment-case/creating-long-term-value/">Creating long term value</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/investment-case/key-differentiators/">Key differentiators</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/investment-case/kpis/">KPIs</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/investment-case/financial-overview/">Financial overview</a></li> </ul> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/results-reports-and-presentations/"> Results, reports and presentations </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/2022-performance-highlights/"> 2022 performance highlights </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/financial-calendar/"> Financial calendar </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/capital-markets-day-2021/"> Capital Markets Day 2021 </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/debt-investors/"> Debt investors </a> </li> <li class="sub-nested has-children"> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/shareholder-centre/"> Shareholder centre </a> <button class="expand-menu-secondary"> <span class="icon-chevron-right-teal"></span> </button> <ul class="nav__subnav-tertiary"> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/shareholder-centre/shareholder-faqs/">Shareholder FAQs</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/shareholder-centre/managing-your-shares/">Managing your shares</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/shareholder-centre/dividends/">Dividends</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/shareholder-centre/registrar/">Registrar</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/shareholder-centre/agm/">AGM</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/shareholder-centre/share-price-tools/">Share price tools</a></li> </ul> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/analysts/"> Analysts </a> </li> <li class="sub-nested has-children"> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/regulatory-news/"> Regulatory news </a> <button class="expand-menu-secondary"> <span class="icon-chevron-right-teal"></span> </button> <ul class="nav__subnav-tertiary"> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/regulatory-news/subscribe-to-regulatory-news/">Subscribe to regulatory news</a></li> </ul> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/investor-contacts/"> Investor contacts </a> </li> </ul> <div class="tout-right"> <div class="image-tout-wrapper"> <div class="img-wrapper image-sm"> <img alt="Untitled Image (1)" class="fit-cover lazyload" data-src="/media/mvwdcg30/untitled-image-1.jpg?anchor=center&mode=crop&widthcrop=430&height=255&rnd=133311276082100000&format=webp"/> </div> <h5>Annual Report 2022</h5> <p>Driving mobility solutions</p> <div class="btn-wrapper"> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/2022-performance-highlights/" class="default-link"> 2022 performance highlights </a> </div> </div> <div class="share-price"> <div class="inner"> <h5>London</h5> <p>Share price at 02:50</p> <div>92.9p</div> </div> </div></div> </div> </div> </div> </li> <li class="nav__item has-children "> <a href="/web/20230728140756/https://www.mobicogroup.com/media/" class="nav__link" role="menuitem">Media</a> <button class="expand-menu"><span class="icon-chevron-right-teal"></span></button> <div class="submenu-wrapper"> <div class="submenu-wrapper-inner"> <div class="full-nav-col"> <ul class="nav__subnav-secondary menu vertical sublevel-1"> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/media/news-releases/"> News releases </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/media/image-library/"> Image library </a> </li> <li class="sub-nested "> <a href="/web/20230728140756/https://www.mobicogroup.com/media/media-contacts/"> Media contacts </a> </li> </ul> <div class="tout-right"> <div class="image-tout-wrapper"> <div class="img-wrapper image-sm"> <img alt="Mobico Group Banner" class="fit-cover lazyload" data-src="/media/hdenesar/mobico-group-banner.png?crop=0,0,0.344226579520697,0&cropmode=percentage&widthcrop=430&height=255&rnd=133324219055730000&format=webp"/> </div> <h5>Register for updates</h5> <p class="intro">Subscribe to our updates service to get the latest news from Mobico Group when it is released to the London Stock Exchange</p> <div class="btn-wrapper"> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/regulatory-news/subscribe-to-regulatory-news/" class="default-link"> Subscribe to regulatory news </a> </div> </div></div> </div> </div> </div> </li> <li class="nav__item "> <a href="/web/20230728140756/https://www.mobicogroup.com/careers/" class="nav__link" role="menuitem">Careers</a> </li> <li class="nav__item "> <a href="/web/20230728140756/https://www.mobicogroup.com/contact-us/" class="nav__link" role="menuitem">Contact us</a> </li> <li class="nav__item end"> <a href="#" class="navi-icon search-button icon-search-black">Search</a> </li> </ul> </nav> <div class="search-navigation"> <div class="module-wrapper"> <form autocomplete="off" action="/web/20230728140756/https://www.mobicogroup.com/search/" method="get" class="search-content"> <p>What are you looking for?</p> <input type="text" name="q" value="" class="form-input search-input" placeholder="Search"> <input type="submit" value="Submit" class="cta cta--ghost"> <a href="#" class="search-button-close"><span class="icon-Icons_close_outline"></span></a> </form> </div> </div> </header> <div class="pop-up-box" style="display: none;"> <div class="pop-up-box-inner"> <div class="close-x"> Close <span class="icon-close-teal-ocean"></span> </div> <div class="logo__wrapper"><a href="" class="nex-logo"></a></div> <h1>We've changed our name from National Express Group to Mobico Group. This change relates to the parent company only - National Express will continue to be used by our customer-facing businesses.</h1> </div> </div> <main class="main-content-wrapper" role="main"> <section class="container -lg -mt-3 bread-crump"> <div class="row"> <div class="col-md-12"> <ul> <li> <a href="/web/20230728140756/https://www.mobicogroup.com/">Home</a> </li> <li> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/">Investors</a> </li> <li> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/investment-case/">Investment case</a> </li> <li class="selected"> <a href="/web/20230728140756/https://www.mobicogroup.com/investors/investment-case/financial-overview/">Financial overview</a> </li> </ul> </div> </div> </section> <section class="container -lg -mt-5 -pb-6"> <div class="row"> <div class="col-md-12"> <h1 class="page-title">Financial overview</h1> </div> </div> </section> <section class="services-tab__container bg-grey" id="545d342a-a755-460e-9d16-b8a9a2c59f71">  <div class="services-tab__list-topic"> <ul class="services-tab__nav"> <li class="services-tab__list-item"> <a href="#tab_9896006d-2ee4-437d-ad06-a6cd09283f3b" class="services-tab__link-item is-visible" data-toggle="tab" role="tab" aria-controls="home" aria-selected="true"> <span>Group Income Statement</span> </a> </li> <li class="services-tab__list-item"> <a href="#tab_20b730db-af60-4146-898f-f3558553b73e" class="services-tab__link-item " data-toggle="tab" role="tab" aria-controls="home" aria-selected="true"> <span>Group Balance Sheet</span> </a> </li> <li class="services-tab__list-item"> <a href="#tab_8c5cdb4f-8dad-4292-896e-6bdf10531ba8" class="services-tab__link-item " data-toggle="tab" role="tab" aria-controls="home" aria-selected="true"> <span>Group Cash Flow Statement</span> </a> </li> <li class="services-tab__list-item"> <a href="#tab_6d9f69dd-1ee0-4144-ae91-ca90f49b935c" class="services-tab__link-item " data-toggle="tab" role="tab" aria-controls="home" aria-selected="true"> <span>Five Year Summary</span> </a> </li> </ul> </div>  <ul class="services-tab__list-content "> <li> <h3 class="accordion"> Group Income Statement <span class="qa-toggle"></span> </h3> <div id="tab_9896006d-2ee4-437d-ad06-a6cd09283f3b" class="services-tab__tab-item panel is-visible" aria-labelledby="tab_9896006d-2ee4-437d-ad06-a6cd09283f3b"> <section class="container -sd -mt-6"> <div class="row">  <div class="col-12 rich-text-editor -mb-3">  <table border="0" cellspacing="0" cellpadding="3" class="table-type-2" style="width: 100%;"> <tbody> <tr style="height: 21px;"> <td colspan="8" style="height: 21px; width: 99.546%;">For the year ended 31 December 2022</td> </tr> <tr style="height: 63px;"> <td style="vertical-align: bottom; height: 63px; width: 17.2466%;"> </td> <td style="vertical-align: bottom; text-align: right; height: 63px; width: 6.20272%;"><em>Note</em></td> <td style="vertical-align: bottom; text-align: right; height: 63px; width: 14.2209%;"><strong>Underlying</strong><br/><strong>result</strong><br/><strong>2022</strong><br/><strong>£m</strong></td> <td style="vertical-align: bottom; text-align: right; height: 63px; width: 13.9183%;"><strong>Separately</strong><br/><strong>disclosed</strong><br/><strong>items</strong><br/><strong>(note 5)</strong><br/><strong>2022</strong><br/><strong>£m</strong></td> <td style="vertical-align: bottom; text-align: right; height: 63px; width: 11.3464%;"><strong>Total</strong><br/><strong>2022</strong><br/><strong>£m</strong></td> <td style="vertical-align: bottom; text-align: right; height: 63px; width: 12.708%;">(Restated) Underlying<br/>result<br/>2021<sup>1</sup><br/>£m</td> <td style="vertical-align: bottom; text-align: right; height: 63px; width: 12.5567%;">Separately<br/>disclosed<br/>items<br/>(note 5)<br/>2021<br/>£m</td> <td style="vertical-align: bottom; text-align: right; height: 63px; width: 11.3464%;">Total<br/>2021<sup>1</sup><br/>£m</td> </tr> <tr style="height: 21px;"> <td colspan="8" style="height: 21px; width: 99.546%;"> </td> </tr> <tr style="height: 35px;"> <td width="23%" style="height: 35px; width: 17.2466%;"> <p>Revenue</p> </td> <td width="5%" style="height: 35px; width: 6.20272%;"> <p style="text-align: right;" align="right"><em>4</em></p> </td> <td width="12%" style="height: 35px; width: 14.2209%; text-align: right;"><strong>2,807.5</strong></td> <td width="12%" style="height: 35px; width: 13.9183%; text-align: right;"><strong>–</strong></td> <td style="height: 35px; width: 11.3464%;"><strong>2,807.5</strong></td> <td width="12%" style="height: 35px; width: 12.708%; text-align: right;">2,170.3</td> <td width="12%" style="height: 35px; width: 12.5567%;">–</td> <td style="height: 35px; width: 11.3464%;">2,170.3</td> </tr> <tr style="height: 56px;"> <td width="23%" style="height: 56px; width: 17.2466%; border-bottom: 1px solid;"> <p>Operating costs </p> </td> <td width="5%" style="height: 56px; text-align: right; width: 6.20272%; border-bottom: 1px solid;"><em>5, 6</em></td> <td width="12%" style="height: 56px; width: 14.2209%; border-bottom: 1px solid; text-align: right;"><strong>(2,610.2)</strong></td> <td width="12%" style="height: 56px; width: 13.9183%; border-bottom: 1px solid; text-align: right;"><strong>(355.8)</strong></td> <td style="height: 56px; width: 11.3464%; border-bottom: 1px solid;"><strong>(2,966.0)</strong></td> <td width="12%" style="height: 56px; width: 12.708%; border-bottom: 1px solid; text-align: right;">(2,083.3)</td> <td width="12%" style="height: 56px; width: 12.5567%; border-bottom: 1px solid;">(123.2)</td> <td style="height: 56px; width: 11.3464%; border-bottom: 1px solid;">(2,206.5)</td> </tr> <tr style="height: 35px;"> <td width="23%" style="height: 35px; width: 17.2466%;"> <p><strong>Group operating profit/(loss)</strong></p> </td> <td width="5%" style="text-align: right; height: 35px; width: 6.20272%;"> </td> <td width="12%" style="height: 35px; width: 14.2209%; text-align: right;"><strong>197.3</strong></td> <td width="12%" style="height: 35px; width: 13.9183%; text-align: right;"><strong>(355.8)</strong></td> <td style="height: 35px; width: 11.3464%; text-align: right;"><strong>(158.5)</strong></td> <td width="12%" style="height: 35px; width: 12.708%; text-align: right;">87.0</td> <td width="12%" style="height: 35px; width: 12.5567%; text-align: right;">(123.2)</td> <td style="height: 35px; width: 11.3464%; text-align: right;">(36.2)</td> </tr> <tr style="height: 56px;"> <td style="height: 56px; width: 17.2466%;"> <p>Share of results from associates and joint ventures</p> </td> <td style="height: 56px; text-align: right; width: 6.20272%;"><em>18</em></td> <td style="height: 56px; width: 14.2209%; text-align: right;"><strong>(0.4)</strong></td> <td style="height: 56px; width: 13.9183%; text-align: right;"><strong>-</strong></td> <td style="height: 56px; width: 11.3464%; text-align: right;"><strong>(0.4)</strong></td> <td style="height: 56px; width: 12.708%; text-align: right;">(1.0)</td> <td style="height: 56px; width: 12.5567%; text-align: right;">-</td> <td style="height: 56px; width: 11.3464%; text-align: right;">(1.0)</td> </tr> <tr style="height: 35px;"> <td width="23%" style="height: 35px; width: 17.2466%;"> <p>Finance income</p> </td> <td width="5%" style="height: 35px; width: 6.20272%; text-align: right;"><em>10</em></td> <td width="12%" style="height: 35px; width: 14.2209%; text-align: right;"><strong>2.2</strong></td> <td width="12%" style="height: 35px; width: 13.9183%; text-align: right;"><strong>-</strong></td> <td style="height: 35px; width: 11.3464%; text-align: right;"><strong>2.2</strong></td> <td width="12%" style="height: 35px; width: 12.708%; text-align: right;">3.2</td> <td width="12%" style="height: 35px; width: 12.5567%; text-align: right;">-</td> <td style="height: 35px; width: 11.3464%; text-align: right;">3.2</td> </tr> <tr style="height: 35px;"> <td width="23%" style="height: 35px; width: 17.2466%; border-bottom: 1px solid;"> <p>Finance costs</p> </td> <td width="5%" style="height: 35px; width: 6.20272%; text-align: right; border-bottom: 1px solid;"><em>10</em></td> <td width="12%" style="height: 35px; width: 14.2209%; border-bottom: 1px solid; text-align: right;"><strong>(53.2)</strong></td> <td width="12%" style="height: 35px; width: 13.9183%; border-bottom: 1px solid; text-align: right;"><strong>-</strong></td> <td style="height: 35px; width: 11.3464%; border-bottom: 1px solid; text-align: right;"><strong>(53.2)</strong></td> <td width="12%" style="height: 35px; width: 12.708%; border-bottom: 1px solid; text-align: right;">(49.5)</td> <td width="12%" style="height: 35px; width: 12.5567%; border-bottom: 1px solid; text-align: right;">(1.4)</td> <td style="height: 35px; width: 11.3464%; border-bottom: 1px solid; text-align: right;">(50.9)</td> </tr> <tr style="height: 35px;"> <td width="23%" style="height: 35px; width: 17.2466%;"> <p><strong>Profit/(loss) before tax</strong></p> </td> <td width="5%" style="height: 35px; width: 6.20272%;"> </td> <td width="12%" style="height: 35px; width: 14.2209%; text-align: right;"><strong>145.9</strong></td> <td width="12%" style="height: 35px; width: 13.9183%; text-align: right;"><strong>(355.8)</strong></td> <td style="height: 35px; width: 11.3464%; text-align: right;"><strong>(209.9)</strong></td> <td width="12%" style="height: 35px; width: 12.708%; text-align: right;">39.7</td> <td width="12%" style="height: 35px; width: 12.5567%; text-align: right;">(124.6)</td> <td style="height: 35px; width: 11.3464%; text-align: right;">(84.9)</td> </tr> <tr style="height: 35px;"> <td width="23%" style="height: 35px; width: 17.2466%; border-bottom: 1px solid;"> <p>Tax (charge)/credit</p> </td> <td width="5%" style="height: 35px; width: 6.20272%; border-bottom: 1px solid;"> <p style="text-align: right;" align="right"><em>11</em></p> </td> <td width="12%" style="height: 35px; width: 14.2209%; border-bottom: 1px solid; text-align: right;"><strong>(30.3)</strong></td> <td width="12%" style="height: 35px; width: 13.9183%; border-bottom: 1px solid; text-align: right;"><strong>19.5</strong></td> <td style="height: 35px; width: 11.3464%; border-bottom: 1px solid; text-align: right;"><strong>(10.8)</strong></td> <td width="12%" style="height: 35px; width: 12.708%; border-bottom: 1px solid; text-align: right;">(12.0)</td> <td width="12%" style="height: 35px; width: 12.5567%; border-bottom: 1px solid; text-align: right;">19.8</td> <td style="height: 35px; width: 11.3464%; border-bottom: 1px solid; text-align: right;">7.8</td> </tr> <tr style="height: 56px;"> <td width="23%" style="height: 56px; width: 17.2466%;"> <p><strong>Profit/(loss) for the year</strong></p> </td> <td width="5%" style="height: 56px; width: 6.20272%;"> </td> <td width="12%" style="height: 56px; width: 14.2209%; text-align: right;"><strong>115.6</strong></td> <td width="12%" style="height: 56px; width: 13.9183%; text-align: right;"><strong>(336.3)</strong></td> <td style="height: 56px; width: 11.3464%; text-align: right;"><strong>(220.7)</strong></td> <td width="12%" style="height: 56px; width: 12.708%; text-align: right;">27.7</td> <td width="12%" style="height: 56px; width: 12.5567%; text-align: right;">(104.8)</td> <td style="height: 56px; width: 11.3464%; text-align: right;">(77.1)</td> </tr> <tr style="height: 56px;"> <td width="23%" style="height: 56px; width: 17.2466%;"> <p>Profit/(loss) attributable to equity<br/>shareholders</p> </td> <td width="5%" style="text-align: right; height: 56px; width: 6.20272%;"> </td> <td width="12%" style="height: 56px; width: 14.2209%; text-align: right;"><strong>113.4</strong></td> <td width="12%" style="height: 56px; width: 13.9183%; text-align: right;"><strong>(335.2)</strong></td> <td style="height: 56px; width: 11.3464%; text-align: right;"><strong>(221.8)</strong></td> <td width="12%" style="height: 56px; width: 12.708%; text-align: right;">22.4</td> <td width="12%" style="height: 56px; width: 12.5567%; text-align: right;">(103.2)</td> <td style="height: 56px; width: 11.3464%; text-align: right;">(80.8)</td> </tr> <tr style="height: 119px;"> <td style="width: 17.2466%; height: 119px;"> <p>Profit/(loss) attributable to non-controlling<br/>interests</p> </td> <td style="text-align: right; width: 6.20272%; height: 119px;"> </td> <td style="width: 14.2209%; height: 119px; text-align: right;"><strong>2.2</strong></td> <td style="width: 13.9183%; height: 119px; text-align: right;"><strong>(1.1)</strong></td> <td style="width: 11.3464%; height: 119px; text-align: right;"><strong>1.1</strong></td> <td style="width: 12.708%; height: 119px; text-align: right;">5.3</td> <td style="width: 12.5567%; height: 119px; text-align: right;">(1.6)</td> <td style="width: 11.3464%; height: 119px; text-align: right;">3.7</td> </tr> <tr style="height: 10px;"> <td style="width: 17.2466%; height: 10px; border-bottom: 1px solid;"> <p> </p> </td> <td style="text-align: right; width: 6.20272%; height: 10px; border-bottom: 1px solid;"> </td> <td style="width: 14.2209%; height: 10px; border-bottom: 1px solid; text-align: right;"><strong>115.6</strong></td> <td style="width: 13.9183%; height: 10px; border-bottom: 1px solid; text-align: right;"><strong>(336.3)</strong></td> <td style="width: 11.3464%; height: 10px; border-bottom: 1px solid; text-align: right;"><strong>(220.7)</strong></td> <td style="width: 12.708%; height: 10px; border-bottom: 1px solid; text-align: right;">27.7</td> <td style="width: 12.5567%; height: 10px; border-bottom: 1px solid; text-align: right;">(104.8)</td> <td style="width: 11.3464%; height: 10px; border-bottom: 1px solid; text-align: right;">(77.1)</td> </tr> <tr style="height: 56px;"> <td width="23%" style="height: 56px; width: 17.2466%;"> <p><strong>Earnings per share:</strong></p> </td> <td width="5%" style="height: 56px; text-align: right; width: 6.20272%;"><em>13</em></td> <td width="12%" style="height: 56px; width: 14.2209%;"> </td> <td width="12%" style="height: 56px; width: 13.9183%;"> </td> <td style="height: 56px; width: 11.3464%;"> </td> <td width="12%" style="height: 56px; width: 12.708%;"> </td> <td width="12%" style="height: 56px; width: 12.5567%;"> </td> <td style="height: 56px; width: 11.3464%;"> </td> </tr> <tr style="height: 56px;"> <td width="23%" style="height: 56px; width: 17.2466%;"> <p>– basic earnings per share</p> </td> <td width="5%" style="height: 56px; width: 6.20272%;"> <p align="right"> </p> </td> <td width="12%" style="height: 56px; width: 14.2209%;"> </td> <td width="12%" style="height: 56px; width: 13.9183%;"> </td> <td style="height: 56px; width: 11.3464%; text-align: right;"><strong>(39.7)p</strong></td> <td width="12%" style="height: 56px; width: 12.708%;"> </td> <td width="12%" style="height: 56px; width: 12.5567%;"> </td> <td style="height: 56px; width: 11.3464%; text-align: right;">(16.6)p</td> </tr> <tr style="height: 56px;"> <td width="23%" style="height: 56px; width: 17.2466%;"> <p>– diluted earnings per share</p> </td> <td width="5%" style="height: 56px; width: 6.20272%;"> <p align="right"> </p> </td> <td width="12%" style="height: 56px; width: 14.2209%;"> </td> <td width="12%" style="height: 56px; width: 13.9183%;"><strong> </strong></td> <td style="height: 56px; width: 11.3464%; text-align: right;"><strong>(39.7)p</strong></td> <td width="12%" style="height: 56px; width: 12.708%;"> </td> <td width="12%" style="height: 56px; width: 12.5567%;"><strong> </strong></td> <td style="height: 56px; width: 11.3464%; text-align: right;">(16.6)p</td> </tr> </tbody> </table> <p><sup>1 Restated for correction to deferred tax assets and liabilities, see note 2 for further information.</sup></p> <p><a rel="noopener" href="/web/20230728140756/https://www.mobicogroup.com/media/zobixhte/national-express-group-group-income-2022.xlsx" target="_blank" title="National Express Group Group Income 2022" class="btn-text download">Group Income Statement in Excel format</a><br/><a rel="noopener" href="/web/20230728140756/https://www.mobicogroup.com/media/mrqly4ee/national-express-annual-report-2022-notes-to-the-consolidated-accounts.pdf" target="_blank" title="National Express Annual Report 2022 Notes To The Consolidated Accounts" class="btn-text pdf-link">Notes to the consolidated accounts in PDF format </a></p> </div> </div> </section> </div> </li> <li> <h3 class="accordion"> Group Balance Sheet <span class="qa-toggle"></span> </h3> <div id="tab_20b730db-af60-4146-898f-f3558553b73e" class="services-tab__tab-item panel " aria-labelledby="tab_20b730db-af60-4146-898f-f3558553b73e"> <section class="container -sd -mt-6"> <div class="row">  <div class="col-12 rich-text-editor -mb-3">  <table border="0" class="table-type-2" style="width: 100%; height: 1018px;"> <tbody> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">At 31 December 2021</td> <td width="62" style="height: 21px; width: 12.3752%; text-align: right;"> Note</td> <td style="width: 16.1677%; height: 21px; text-align: right;"><strong>2021 £m</strong></td> <td style="width: 8.08385%; height: 21px; text-align: right;">(Restated)<br/>2020<sup>1,2</sup> £m</td> <td style="width: 8.08385%; text-align: right; height: 21px;">(Restated)<br/>2019<sup>1,2</sup><br/>£m</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;"><strong>Non-current assets</strong></td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong> </strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;"><strong> </strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;"><strong> </strong></td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Intangible assets</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">14</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>1,778.5</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,851.8</td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,901.8</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Property, plant and equipment</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">15</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>1,129.6</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,233.2</td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,348.2</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Non-current financial assets</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">17</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>32.6</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">14.3</td> <td style="text-align: right; width: 8.08385%; height: 21px;">24.9</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Investments accounted for using the equity method</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">18</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>13.7</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">15.6</td> <td style="text-align: right; width: 8.08385%; height: 21px;">17.9</td> </tr> <tr style="height: 2p1x;"> <td width="309" style="height: 21px; width: 53.6926%;">Trade and other receivables</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">20</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>147.1</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">91.7</td> <td style="text-align: right; width: 8.08385%; height: 21px;">9.6</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Finance lease receivable</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">35</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>12.7</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">10.6</td> <td style="text-align: right; width: 8.08385%; height: 21px;">3.6</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Deferred tax assets</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">27</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>150.6</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">140.5</td> <td style="text-align: right; width: 8.08385%; height: 21px;">31.8</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Defined benefit pension assets</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">34</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>3.8</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">12.3</td> <td style="text-align: right; width: 8.08385%; height: 21px;">14.2</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;"><strong>Total non-current assets</strong></td> <td width="62" style="height: 21px; width: 12.3752%;"> </td> <td style="width: 16.1677%; text-align: right; height: 21px;"><strong>3,268.6</strong></td> <td style="width: 8.08385%; text-align: right; height: 21px;">3,370.0</td> <td style="width: 8.08385%; text-align: right; height: 21px;">3,352.0</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 53.6926%;"><strong>Current assets</strong></td> <td style="height: 21px; width: 12.3752%;"> </td> <td style="width: 16.1677%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Inventories</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">21</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>28.8</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">27.0</td> <td style="text-align: right; width: 8.08385%; height: 21px;">29.4</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Trade and other receivables</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">22</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>428.3</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">391.7</td> <td style="text-align: right; width: 8.08385%; height: 21px;">496.8</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 53.6926%;">Finance lease receivable</td> <td style="text-align: right; height: 21px; width: 12.3752%;">35</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>4.1</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">4.3</td> <td style="text-align: right; width: 8.08385%; height: 21px;">1.4</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Derivative financial instruments</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">17</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>31.0</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">44.9</td> <td style="text-align: right; width: 8.08385%; height: 21px;">44.5</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Current tax assets</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>3.3</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">2.6</td> <td style="text-align: right; width: 8.08385%; height: 21px;">1.6</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Cash and cash equivalents</td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;">23</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>508.4</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">629.8</td> <td style="text-align: right; width: 8.08385%; height: 21px;">715.8</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;"><strong>Total curent assets</strong></td> <td width="62" style="text-align: right; height: 21px; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>1,003.9</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,100.3</td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,289.5</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 53.6926%;">Assets classified as held for sale</td> <td style="text-align: right; height: 21px; width: 12.3752%;">19</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>18.6</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">18.8</td> <td style="text-align: right; width: 8.08385%; height: 21px;">4.3</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 53.6926%;"><strong>Total assets</strong></td> <td style="height: 21px; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>4,291.1</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">4,489.1</td> <td style="text-align: right; width: 8.08385%; height: 21px;">4,645.8</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;"><strong>Non-current liabilities</strong></td> <td width="62" style="height: 21px; width: 12.3752%;"> </td> <td style="width: 16.1677%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Borrowings</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">28</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(1,294.3)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(1,313.0)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(1,091.0)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Derivative financial instruments</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">28</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(11.1)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(10.6)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(9.6)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Deferred tax liability</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">27</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(39.2)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(40.7)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(56.4)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Other non-current liabilities</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">25</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(123.8)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(202.7)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(178.2)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Defined benefit pension liability</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">34</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(99.2)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(147.4)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(104.2)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Provisions</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">26</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(68.8)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(54.8)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(43.1)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;"><strong>Total non-current liabilities</strong></td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(1,636.4)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(1,769.2)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(1,482.5)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;"><strong>Current liabilities</strong></td> <td width="62" style="height: 21px; width: 12.3752%;"> </td> <td style="width: 16.1677%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Trade and other payables</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">24</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(787.7)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(783.0)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(998.4)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Borrowings</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">28</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(302.3)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(354.6)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(944.8)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Derivative financial instruments</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">28</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(24.5)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(23.0)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(37.8)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Current tax liabilities</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(3.0)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(2.2)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(8.8)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Provisions</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">26</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(89.0)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(81.1)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(61.0)</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 53.6926%;"><strong>Total current liabilities</strong></td> <td style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(1,206.5)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(1,243.9)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(2,050.8)</td> </tr> <tr style="height: 21px;"> <td style="height: 10px; width: 53.6926%;"><strong>Total liabilities</strong></td> <td style="height: 10px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 10px;"><strong>(2,842.9)</strong></td> <td style="text-align: right; width: 8.08385%; height: 10px;">(3,013.1)</td> <td style="text-align: right; width: 8.08385%; height: 10px;">(3,533.3)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;"><strong>Net assets</strong></td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>1,448.2</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,476.0</td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,112.5</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 53.6926%;"> </td> <td style="height: 21px; width: 12.3752%;"> </td> <td style="width: 16.1677%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;"><strong>Shareholders’ equity</strong></td> <td width="62" style="height: 21px; width: 12.3752%;"> </td> <td style="width: 16.1677%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> <td style="width: 8.08385%; height: 21px;"> </td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Called up share capital</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">32</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>30.7</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">30.7</td> <td style="text-align: right; width: 8.08385%; height: 21px;">25.6</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Share premium account</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>533.6</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">533.6</td> <td style="text-align: right; width: 8.08385%; height: 21px;">532.7</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Own shares</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(4.5)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">(3.5)</td> <td style="text-align: right; width: 8.08385%; height: 21px;">(6.0)</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Hybrid reserve</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>513.0</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">497.6</td> <td style="text-align: right; width: 8.08385%; height: 21px;">–</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Other reserves</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;">33</td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>380.1</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">367.8</td> <td style="text-align: right; width: 8.08385%; height: 21px;">130.7</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Retained earnings</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>(45.8)</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">9.6</td> <td style="text-align: right; width: 8.08385%; height: 21px;">391.4</td> </tr> <tr style="height: 21px;"> <td style="width: 53.6926%; height: 21px;">Total shareholders' equity</td> <td style="text-align: right; width: 12.3752%; height: 21px;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>1,407.1</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,435.8</td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,074.4</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;">Non-controlling interest in equity</td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>41.1</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">40.2</td> <td style="text-align: right; width: 8.08385%; height: 21px;">38.1</td> </tr> <tr style="height: 21px;"> <td width="309" style="height: 21px; width: 53.6926%;"><strong>Total equity</strong></td> <td width="62" style="height: 21px; text-align: right; width: 12.3752%;"> </td> <td style="text-align: right; width: 16.1677%; height: 21px;"><strong>1,448.2</strong></td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,476.0</td> <td style="text-align: right; width: 8.08385%; height: 21px;">1,112.5</td> </tr> </tbody> </table> <p><sup>1 Restated for a change in accounting policy where amounts outstanding in relation to advance subsidy factoring arrangements have been reclassified from trade and</sup><br/><sup>other payables to borrowings. See note 2 for further information</sup><br/><sup>2 Restated to reflect a change in the presentation of cash and cash equivalents and bank overdrafts. </sup></p> <p><a rel="noopener" href="/web/20230728140756/https://www.mobicogroup.com/media/ewploxqv/group-balance-sheet_excel.xlsx" target="_blank" title="Group Balance Sheet Excel" class="btn-text download">Group Balance Sheet in Excel format</a> <a rel="noopener" href="/web/20230728140756/https://www.mobicogroup.com/media/4hkgecfu/notes-to-the-consolidated-accounts_ar21.pdf" target="_blank" title="Notes To The Consolidated Accounts AR21" class="btn-text pdf-link"><br/>Notes to the consolidated accounts in PDF format </a></p> </div> </div> </section> </div> </li> <li> <h3 class="accordion"> Group Cash Flow Statement <span class="qa-toggle"></span> </h3> <div id="tab_8c5cdb4f-8dad-4292-896e-6bdf10531ba8" class="services-tab__tab-item panel " aria-labelledby="tab_8c5cdb4f-8dad-4292-896e-6bdf10531ba8"> <section class="container -sd -mt-6"> <div class="row">  <div class="col-12 rich-text-editor -mb-3">  <table border="0" class="table-type-2" style="width: 100%;"> <tbody> <tr style="height: 21px;"> <td colspan="4" width="531" style="width: 522px; height: 21px;">For the year ended 31 December 2021</td> </tr> <tr style="height: 42px;"> <td width="343" style="width: 324px; height: 63px;"> </td> <td width="52" style="width: 52px; height: 63px;">Note</td> <td style="width: 73px; text-align: right; height: 63px;"> <p><strong>2021<br/>£m<br/></strong></p> </td> <td style="width: 73px; text-align: right; height: 63px;"> <p>2020<sup>1</sup><br/>£m<strong><br/></strong></p> </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;"><strong>Cash generated from operations</strong></td> <td width="52" style="width: 52px; height: 21px; text-align: right;">39</td> <td style="width: 73px; text-align: right; height: 21px;">231.1</td> <td style="width: 73px; text-align: right; height: 21px;">(48.3)</td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Tax paid</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(19.2)</td> <td style="width: 73px; text-align: right; height: 21px;">(8.1) </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Interest paid</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(45.0)</td> <td style="width: 73px; text-align: right; height: 21px;">(64.7) </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Interest received </td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">4.0</td> <td style="width: 73px; text-align: right; height: 21px;">7.1 </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;"><strong>Net cash flow from operating activities</strong></td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">170.9</td> <td style="width: 73px; text-align: right; height: 21px;">(114.0)</td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;"><strong>Cash flows from investing activities</strong></td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;"> </td> </tr> <tr style="height: 42px;"> <td width="343" style="width: 324px; height: 42px;">Payments to acquire businesses, net of cash acquired</td> <td width="52" style="width: 52px; height: 42px; text-align: right;">19</td> <td style="width: 73px; text-align: right; height: 42px;">(20.8)</td> <td style="width: 73px; text-align: right; height: 42px;">(9.6) </td> </tr> <tr style="height: 42px;"> <td width="343" style="width: 324px; height: 42px;">Deferred consideration for businesses acquired </td> <td width="52" style="width: 52px; height: 42px; text-align: right;">19</td> <td style="width: 73px; text-align: right; height: 42px;">(13.0)</td> <td style="width: 73px; text-align: right; height: 42px;">(27.3) </td> </tr> <tr style="height: 42px;"> <td width="343" style="width: 324px; height: 42px;">Proceeds from the disposal of business, net of cash disposed</td> <td width="52" style="width: 52px; height: 42px; text-align: right;">19</td> <td style="width: 73px; text-align: right; height: 42px;">(0.9)</td> <td style="width: 73px; text-align: right; height: 42px;">4.4 </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Purchase of property, plant and equipment</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(168.5)</td> <td style="width: 73px; text-align: right; height: 21px;">(215.3) </td> </tr> <tr style="height: 42px;"> <td width="343" style="width: 324px; height: 42px;">(Costs)/Proceeds from disposal of property, plant and equipment</td> <td width="52" style="width: 52px; height: 42px;"> </td> <td style="width: 73px; text-align: right; height: 42px;">13.7</td> <td style="width: 73px; text-align: right; height: 42px;">17.7 </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Payments to acquire intangible assets</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(44.4)</td> <td style="width: 73px; text-align: right; height: 21px;">(22.7) </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Proceeds from disposal of intangible assets</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">0.7</td> <td style="width: 73px; text-align: right; height: 21px;">2.3 </td> </tr> <tr style="height: 42px;"> <td style="width: 324px; height: 42px;">Payments to settle net investment hedge derivative contracts</td> <td style="width: 52px; height: 42px;"> </td> <td style="width: 73px; text-align: right; height: 42px;">–</td> <td style="width: 73px; text-align: right; height: 42px;">(15.7) </td> </tr> <tr style="height: 42px;"> <td style="width: 324px; height: 42px;">Receipts on settlement of net investment hedge derivative contracts</td> <td style="width: 52px; height: 42px;"> </td> <td style="width: 73px; text-align: right; height: 42px;">35.1</td> <td style="width: 73px; text-align: right; height: 42px;">10.9 </td> </tr> <tr style="height: 21px;"> <td style="width: 324px; height: 21px;">Receipts/(payments) relating to associates and investments</td> <td style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">0.9</td> <td style="width: 73px; text-align: right; height: 21px;">(0.1)</td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;"><strong>Net cash flow from investing activities</strong></td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(197.2)</td> <td style="width: 73px; text-align: right; height: 21px;">(255.4) </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;"><strong>Cash flows from financing activities</strong></td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;"> </td> </tr> <tr style="height: 21px;"> <td style="width: 324px; height: 21px;">Share issue proceeds<sup>2</sup></td> <td style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">–</td> <td style="width: 73px; text-align: right; height: 21px;">230.1 </td> </tr> <tr style="height: 21px;"> <td style="width: 324px; height: 21px;">Issuance of hybrid instrument<sup>3</sup></td> <td style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(0.5)</td> <td style="width: 73px; text-align: right; height: 21px;">495.5 </td> </tr> <tr style="height: 36px;"> <td style="width: 324px; height: 36px;">Dividends paid to holders of hybrid instrument</td> <td style="width: 52px; height: 36px;"> </td> <td style="width: 73px; text-align: right; height: 36px;">(5.3)</td> <td style="width: 73px; text-align: right; height: 36px;">-</td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Principal lease payments</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(118.2)</td> <td style="width: 73px; text-align: right; height: 21px;">(97.7) </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Increase in borrowings</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">243.0</td> <td style="width: 73px; text-align: right; height: 21px;">858.3</td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Repayment of borrowings</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(220.1)</td> <td style="width: 73px; text-align: right; height: 21px;">(1,049.2)</td> </tr> <tr style="height: 42px;"> <td width="343" style="width: 324px; height: 42px;">Payments to settle foreign exchange forward contracts</td> <td width="52" style="width: 52px; height: 42px;"> </td> <td style="width: 73px; text-align: right; height: 42px;">(11.9)</td> <td style="width: 73px; text-align: right; height: 42px;">(39.8) </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Receipts on settlement of foreign exchange forward contracts</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">20.7</td> <td style="width: 73px; text-align: right; height: 21px;">18.8 </td> </tr> <tr style="height: 21px;"> <td style="width: 324px; height: 21px;">Purchase of own shares</td> <td style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(2.5)</td> <td style="width: 73px; text-align: right; height: 21px;">(3.9)</td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Acquisition of non-controlling interests<sup>4</sup></td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(18.3)</td> <td style="width: 73px; text-align: right; height: 21px;">(4.0) </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Dividends paid to non-controlling interests</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(0.4)</td> <td style="width: 73px; text-align: right; height: 21px;">(2.2) </td> </tr> <tr style="height: 42px;"> <td style="width: 324px; height: 42px;">Dividends paid to shareholders of the Company</td> <td style="width: 52px; text-align: right; height: 42px;">12</td> <td style="width: 73px; text-align: right; height: 42px;">-</td> <td style="width: 73px; text-align: right; height: 42px;">– </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;"><strong>Net cash flow from financing activities</strong></td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(113.5)</td> <td style="width: 73px; text-align: right; height: 21px;">405.9</td> </tr> <tr style="height: 42px;"> <td width="343" style="width: 324px; height: 42px;"><strong>Increase in cash and cash equivalents</strong></td> <td width="52" style="width: 52px; height: 42px;"> </td> <td style="width: 73px; text-align: right; height: 42px;">(139.8)</td> <td style="width: 73px; text-align: right; height: 42px;">36.5 </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Opening cash and cash equivalents</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">520.5</td> <td style="width: 73px; text-align: right; height: 21px;">478.3 </td> </tr> <tr style="height: 42px;"> <td width="343" style="width: 324px; height: 42px;">(Decrease)/Increase in cash and cash equivalents</td> <td width="52" style="width: 52px; height: 42px;"> </td> <td style="width: 73px; text-align: right; height: 42px;">(139.8)</td> <td style="width: 73px; text-align: right; height: 42px;">36.5 </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;">Foreign exchange</td> <td width="52" style="width: 52px; height: 21px;"> </td> <td style="width: 73px; text-align: right; height: 21px;">(4.5)</td> <td style="width: 73px; text-align: right; height: 21px;">5.7 </td> </tr> <tr style="height: 21px;"> <td width="343" style="width: 324px; height: 21px;"><strong>Closing cash and cash equivalents</strong></td> <td width="52" style="width: 52px; height: 21px; text-align: right;">23</td> <td style="width: 73px; text-align: right; height: 21px;">376.2</td> <td style="width: 73px; text-align: right; height: 21px;">520.5 </td> </tr> </tbody> </table> <p style="font-size: 10px;">1 Prior year amounts have been restated with respect to advance subsidy factoring receipts and payments – see note 2 for further information<br/>2 Prior year amounts are net of transaction fees totalling £5.3m<br/>3 Net of transaction fees totalling £4.5m incurred during 2020. A further £0.5m of transaction costs were paid in 2021<br/>4 Amounts in 2021 include £17.7m paid on exercise of 10% of the WeDriveU put liability</p> <p><a rel="noopener" href="/web/20230728140756/https://www.mobicogroup.com/media/awrabqma/group-cash-flow-statement_excel.xlsx" target="_blank" title="Group Cash Flow Statement Excel" class="btn-text download">Group Cash Flow Statement in Excel format</a> <a rel="noopener" href="/web/20230728140756/https://www.mobicogroup.com/media/4hkgecfu/notes-to-the-consolidated-accounts_ar21.pdf" target="_blank" title="Notes To The Consolidated Accounts AR21" class="btn-text pdf-link"><br/>Notes to the consolidated accounts in PDF format </a></p> </div> </div> </section> </div> </li> <li> <h3 class="accordion"> Five Year Summary <span class="qa-toggle"></span> </h3> <div id="tab_6d9f69dd-1ee0-4144-ae91-ca90f49b935c" class="services-tab__tab-item panel " aria-labelledby="tab_6d9f69dd-1ee0-4144-ae91-ca90f49b935c"> <section class="container -sd -mt-6"> <div class="row">  <div class="col-12 rich-text-editor -mb-3">  <table border="0" class="table-type-2" style="width: 100%;"> <tbody> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;"> </td> <td style="width: 70px; height: 21px;"><strong> 2021<br/>£m</strong></td> <td style="width: 70px; height: 21px;">2020<sup>3,4</sup><br/>£m</td> <td style="height: 21px; width: 70px;">2019<sup>3,4</sup><br/>£m</td> <td style="height: 21px; width: 69px;">2018<br/>£m</td> <td style="height: 21px; width: 69px;">2017<br/>£m</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;"><strong>Group normalised</strong></td> <td style="width: 70px; height: 21px;"><strong> </strong></td> <td style="width: 70px; height: 21px;"><strong> </strong></td> <td style="height: 21px; width: 70px;"> </td> <td style="height: 21px; width: 69px;"> </td> <td style="height: 21px; width: 69px;"> </td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Revenue</td> <td style="width: 70px; height: 21px;">2,170.3</td> <td style="width: 70px; height: 21px;">1,955.9</td> <td style="height: 21px; width: 70px;">2,744.4</td> <td style="height: 21px; width: 69px;">2,450.7</td> <td style="height: 21px; width: 69px;">2,321.2</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Underlying operating profit/(loss)</td> <td style="width: 70px; height: 21px;">87.0</td> <td style="width: 70px; height: 21px;">(50.8)</td> <td style="height: 21px; width: 70px;">295.3</td> <td style="height: 21px; width: 69px;">257.7</td> <td style="height: 21px; width: 69px;">241.5</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Return on capital</td> <td style="width: 70px; height: 21px;">3.4%</td> <td style="width: 70px; height: 21px;">(2.1)%</td> <td style="height: 21px; width: 70px;">12.4%</td> <td style="height: 21px; width: 69px;">12.4%</td> <td style="height: 21px; width: 69px;">11.9%</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Basic EPS</td> <td style="width: 70px; height: 21px;">0.1</td> <td style="width: 70px; height: 21px;">(14.6)</td> <td style="height: 21px; width: 70px;">34.5</td> <td style="height: 21px; width: 69px;">32.9</td> <td style="height: 21px; width: 69px;">29.1</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;"> </td> <td style="width: 70px; height: 21px;"> </td> <td style="width: 70px; height: 21px;"> </td> <td style="height: 21px; width: 70px;"> </td> <td style="height: 21px; width: 69px;"> </td> <td style="height: 21px; width: 69px;"> </td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;"><strong>IFRS</strong></td> <td style="width: 70px; height: 21px;"> </td> <td style="width: 70px; height: 21px;"> </td> <td style="height: 21px; width: 70px;"> </td> <td style="height: 21px; width: 69px;"> </td> <td style="height: 21px; width: 69px;"> </td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Revenue</td> <td style="width: 70px; height: 21px;">2,170.3</td> <td style="width: 70px; height: 21px;">1,955.9</td> <td style="height: 21px; width: 70px;">2,744.4</td> <td style="height: 21px; width: 69px;">2,450.7</td> <td style="height: 21px; width: 69px;">2,321.2</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Operating (loss)/profit</td> <td style="width: 70px; height: 21px;">(36.2)</td> <td style="width: 70px; height: 21px;">(381.4)</td> <td style="height: 21px; width: 70px;">242.3</td> <td style="height: 21px; width: 69px;">215.4</td> <td style="height: 21px; width: 69px;">197.9</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">PBT</td> <td style="width: 70px; height: 21px;">(84.9)</td> <td style="width: 70px; height: 21px;">(447.7)</td> <td style="height: 21px; width: 70px;">187.0</td> <td style="height: 21px; width: 69px;">177.7</td> <td style="height: 21px; width: 69px;">156.4</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Basic EPS</td> <td style="width: 70px; height: 21px;">(16.8)</td> <td style="width: 70px; height: 21px;">(57.9)</td> <td style="height: 21px; width: 70px;">27.6</td> <td style="height: 21px; width: 69px;">26.6</td> <td style="height: 21px; width: 69px;">25.7</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Dividends per share </td> <td style="width: 70px; height: 21px;">Nil</td> <td style="width: 70px; height: 21px;">Nil</td> <td style="height: 21px; width: 70px;">16.4</td> <td style="height: 21px; width: 69px;">14.9</td> <td style="height: 21px; width: 69px;">13.5</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;"> </td> <td style="width: 70px; height: 21px;"> </td> <td style="width: 70px; height: 21px;"><strong> </strong></td> <td style="height: 21px; width: 70px;"> </td> <td style="height: 21px; width: 69px;"> </td> <td style="height: 21px; width: 69px;"> </td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;"><strong>Net (debt)/funds</strong></td> <td style="width: 70px; height: 21px;"> </td> <td style="width: 70px; height: 21px;"><strong> </strong></td> <td style="height: 21px; width: 70px;"> </td> <td style="height: 21px; width: 69px;"> </td> <td style="height: 21px; width: 69px;"> </td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Cash<sup>4</sup></td> <td style="width: 70px; height: 21px;">508.4</td> <td style="width: 70px; height: 21px;">520.5</td> <td style="height: 21px; width: 70px;">478.3</td> <td style="height: 21px; width: 69px;">117.7</td> <td style="height: 21px; width: 69px;">314.3</td> </tr> <tr style="height: 20px;"> <td style="width: 260px; height: 20px;"> </td> <td style="width: 70px; height: 20px;">(132.2)</td> <td style="width: 70px; height: 20px;">(109.3)</td> <td style="width: 70px; height: 20px;">(237.5)</td> <td style="width: 69px; height: 20px;">-</td> <td style="width: 69px; height: 20px;">-</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Other debt receivable<sup>4</sup></td> <td style="width: 70px; height: 21px;">1.0</td> <td style="width: 70px; height: 21px;">1.2</td> <td style="height: 21px; width: 70px;">2.4</td> <td style="height: 21px; width: 69px;">2.1</td> <td style="height: 21px; width: 69px;">0.7</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Bonds</td> <td style="width: 70px; height: 21px;">(640.9)</td> <td style="width: 70px; height: 21px;">(647.0)</td> <td style="height: 21px; width: 70px;">(1,081.9)</td> <td style="height: 21px; width: 69px;">(852.4)</td> <td style="height: 21px; width: 69px;">(851.9)</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Bank loans<sup>3</sup></td> <td style="width: 70px; height: 21px;">(189.6)<sup>1</sup></td> <td style="width: 70px; height: 21px;">(23.5)</td> <td style="height: 21px; width: 70px;">(184.5)</td> <td style="height: 21px; width: 69px;">(9.0)</td> <td style="height: 21px; width: 69px;">(115.6)</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Fair value of derivatives included in financing activities</td> <td style="width: 70px; height: 21px;">(3.7)</td> <td style="width: 70px; height: 21px;">(4.7)</td> <td style="height: 21px; width: 70px;">15.0</td> <td style="height: 21px; width: 69px;">6.4</td> <td style="height: 21px; width: 69px;">11.3</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Lease liabilities²</td> <td style="width: 70px; height: 21px;">(218.9)</td> <td style="width: 70px; height: 21px;">(311.3)</td> <td style="height: 21px; width: 70px;">(385.0)</td> <td style="height: 21px; width: 69px;">(142.6)</td> <td style="height: 21px; width: 69px;">(173.1)</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Other debt payable</td> <td style="width: 70px; height: 21px;">(393.9)</td> <td style="width: 70px; height: 21px;">(476.8)</td> <td style="height: 21px; width: 70px;">(68.3)</td> <td style="height: 21px; width: 69px;">(73.7)</td> <td style="height: 21px; width: 69px;">(73.6)</td> </tr> <tr style="height: 21px;"> <td style="height: 21px; width: 260px;">Net debt<sup>3</sup></td> <td style="width: 70px; height: 21px;">(1,069.8)</td> <td style="width: 70px; height: 21px;">(941.6)</td> <td style="height: 21px; width: 70px;">(1,241.5)</td> <td style="height: 21px; width: 69px;">(951.5)</td> <td style="height: 21px; width: 69px;">(887.9)</td> </tr> </tbody> </table> <p> </p> <p><sup>1 Net of arrangement fees totalling £1.5m on bank and other loans</sup><br/><sup>2 Lease liabilities are reported net of finance lease receivables that are reported separately from borrowings on the face of the Group’s Balance Sheet</sup><br/><sup>3 Net debt in 2020 and 2019 have been restated for a change in presentation in advance subsidy factoring liabilities from other payables to borrowings<br/></sup><sup>4 Restated to reflect a change in the presentation of cash and cash equivalents and bank overdrafts. See note 2 for further information </sup></p> <p><a rel="noopener" href="/web/20230728140756/https://www.mobicogroup.com/media/sb5ai3hs/five-year-summary_excel.xlsx" target="_blank" title="Five Year Summary Excel" class="btn-text download">Five Year Summary in Excel format</a> <a rel="noopener" href="/web/20230728140756/https://www.mobicogroup.com/media/4hkgecfu/notes-to-the-consolidated-accounts_ar21.pdf" target="_blank" title="Notes To The Consolidated Accounts AR21" class="btn-text pdf-link"><br/>Notes to the consolidated accounts in PDF format </a></p> </div> </div> </section> </div> </li> </ul>  </section> </main> <footer class="footer" role="contentinfo"> <div class="footer-wrapper"> <div class="footer-inner"> <div class="col-lg-8"> <div class="row"> <div class="col-lg-7"> <a href="/web/20230728140756/https://www.mobicogroup.com/" class="nex-logo-white desktop">mobico group logo</a> <a href="/web/20230728140756/https://www.mobicogroup.com/" class="nex-logo-white-stacked mobile">mobico group logo</a> <div class="footer__social"> <div class="width-80 sm-links-wrapper"> <ul class="sm-links"> <li> <a href="http://web.archive.org/web/20230728140756/https://www.linkedin.com/company/mobico-group-plc"><span class="icon-linkedin"></span></a> </li> </ul> </div> </div> </div> <div class="col-lg-5"> <ul class="footer__links"> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/">About us</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/sustainability/">Sustainability</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/investors/">Investors</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/media/">Media</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/careers/">Careers</a></li> </ul> </div> <div class="col-lg-12"> <ul class="footer__copyrights"> <li class="copyright">© Mobico Group 2023. All rights reserved.</li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/site-services/xml-sitemap/">Site Map</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-policies/modern-slavery-statement/">Modern Slavery Statement</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/our-policies/tax-policy/">Tax policy</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/privacy-centre/">Privacy centre</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/cookie-policy/">Cookie policy</a></li> <li><a href="/web/20230728140756/https://www.mobicogroup.com/about-us/corporate-governance/s172-statements/">s172 Statements</a></li> <li><a id="ot-sdk-btn" class="ot-sdk-show-settings" href="#">Cookies Settings</a></li> </ul> </div> </div> </div> <div class="col-lg-4 col-md-6"> <div class="img-wrapper footer-image dark-overlay "> <img alt="Ar Tout" class="fit-cover lazyload" data-src="/media/zwrdrmfy/ar-tout.png?anchor=center&mode=crop&widthcrop=450&height=260&rnd=133281000237200000&format=webp"/> <div> <h4>2022 Annual Report</h4> <p><a href="/web/20230728140756/https://www.mobicogroup.com/media/skgbe4ro/national-express-annual-report-and-accounts-2022.pdf" class="btn-text download">Download PDF</a></p> </div> </div> </div> </div> </div>  </footer> <script src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/jquery-3.3.1.min.js?v=20230725014136"></script> <script src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/jquery.cookie.min.js?v=20230725014136"></script> <script src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/jquery.validate.min.js?v=20230725014136"></script> <script src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/jquery.validate.unobtrusive.js?v=20230725014136"></script> <script src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/jquery.unobtrusive-ajax.js?v=20230725014136"></script> <script src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/fancybox-3.5.7.min.js?v=20230725014136"></script> <script src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/flickity-2.2.0.min.js?v=20230725014136"></script> <script nomodule="" src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/iepolyfills.js?v=20230725014136"></script> <script src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/main.js?v=20230725014136"></script> <script src="/web/20230728140756js_/https://www.mobicogroup.com/static/js/lazysizes.min.js?v=20230725014136"></script> </body> </html>

CINXE.COM

Financial overview | Mobico Group