GKN Revenue

GKN revenue was £9.67 b in FY, 2017 which is a 9.6% year over year increase from the previous period.

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Summary - Funding Rounds

Founding Date

1759
GKN is a subsidiary of Melrose

GKN Revenue Breakdown

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GKN revenue breakdown by business segment: 35.9% from GKN Aerospace, 52.5% from GKN Driveline and 11.6% from GKN Powder Metallurgy

GKN Income Statement

Annual

GBPFY, 2015FY, 2016FY, 2017

Revenue

7.2b8.8b9.7b

Revenue growth, %

4%22%10%

Cost of goods sold

3.2b3.8b4.4b

Gross profit

4.1b5.0b5.3b

Gross profit Margin, %

56%57%55%

Operating expense total

3.7b4.7b4.6b

EBIT

323.0m335.0m699.0m

EBIT margin, %

4%4%7%

Interest expense

72.0m86.0m86.0m

Interest income

7.0m7.0m10.0m

Pre tax profit

245.0m292.0m658.0m

Income tax expense

43.0m48.0m149.0m

Net Income

202.0m244.0m509.0m

Half Year

GBPH1, 2015H1, 2016H1, 2017

Revenue

3.6b4.2b4.9b

EBIT

245.0m209.0m591.0m

EBIT margin, %

7%5%12%

Interest expense

34.0m41.0m42.0m

Interest income

1.0m3.0m5.0m

Pre tax profit

212.0m182.0m559.0m

Income tax expense

46.0m17.0m131.0m

Net Income

166.0m165.0m428.0m

GKN Balance Sheet

Annual

GBPFY, 2015FY, 2016FY, 2017

Cash

299.0m411.0m421.0m

Accounts Receivable

1.1b1.4b1.4b

Prepaid Expenses

34.0m36.0m47.0m

Inventories

1.2b1.4b1.4b

Current Assets

2.8b3.5b3.7b

PP&E

2.2b2.7b2.7b

Goodwill

591.0m588.0m492.0m

Total Assets

7.5b9.0b8.9b

Accounts Payable

1.2b1.6b1.8b

Short-term debt

137.0m64.0m38.0m

Current Liabilities

2.2b2.7b2.7b

Long-term debt

867.0m842.0m1.1b

Non-Current Liabilities

3.4b4.1b3.6b

Total Debt

1.0b906.0m1.2b

Total Liabilities

5.6b6.8b6.3b

Common Stock

173.0m173.0m173.0m

Additional Paid-in Capital

330.0m330.0m330.0m

Retained Earnings

1.2b981.0m1.6b

Total Equity

1.9b2.2b2.6b

Debt to Equity Ratio

0.5 x0.4 x0.5 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

4 x4.1 x3.4 x

Half Year

GBPH1, 2015H1, 2016H1, 2017

Cash

273.0m227.0m649.0m

Inventories

1.3b1.7b1.5b

Current Assets

2.6b3.3b4.0b

PP&E

2.0b2.5b2.6b

Goodwill

491.0m665.0m577.0m

Total Assets

6.5b8.5b9.3b

Short-term debt

103.0m136.0m44.0m

Current Liabilities

1.9b2.6b2.6b

Long-term debt

871.0m849.0m1.1b

Non-Current Liabilities

3.0b4.1b4.2b

Total Debt

974.0m985.0m1.2b

Total Liabilities

4.9b6.6b6.8b

Common Stock

166.0m173.0m173.0m

Additional Paid-in Capital

139.0m330.0m330.0m

Retained Earnings

1.2b929.0m1.5b

Total Equity

1.6b1.9b2.5b

Debt to Equity Ratio

0.6 x0.5 x0.5 x

Debt to Assets Ratio

0.2 x0.1 x0.1 x

Financial Leverage

4.1 x4.5 x3.7 x

GKN Cash Flow

Annual

GBPFY, 2015FY, 2016FY, 2017

Depreciation and Amortization

261.0m330.0m380.0m

Accounts Receivable

110.0m(151.0m)(258.0m)

Inventories

(33.0m)(78.0m)(57.0m)

Accounts Payable

5.0m99.0m267.0m

Cash From Operating Activities

775.0m666.0m476.0m

Purchases of PP&E

(332.0m)(416.0m)(442.0m)

Cash From Investing Activities

(894.0m)(331.0m)(542.0m)

Long-term Borrowings

(423.0m)(243.0m)(37.0m)

Dividends Paid

(145.0m)(152.0m)(154.0m)

Cash From Financing Activities

108.0m(294.0m)106.0m

Net Change in Cash

(26.0m)94.0m27.0m

Interest Paid

69.0m83.0m79.0m

Income Taxes Paid

111.0m93.0m113.0m

Half Year

GBPH1, 2015H1, 2016H1, 2017

Depreciation and Amortization

126.0m155.0m185.0m

Accounts Receivable

(71.0m)(184.0m)(246.0m)

Inventories

(61.0m)(63.0m)(122.0m)

Accounts Payable

(10.0m)59.0m203.0m

Cash From Operating Activities

218.0m242.0m368.0m

Purchases of PP&E

(167.0m)(198.0m)(218.0m)

Cash From Investing Activities

(207.0m)(207.0m)(280.0m)

Long-term Borrowings

(24.0m)(134.0m)(26.0m)

Dividends Paid

(93.0m)(99.0m)(101.0m)

Cash From Financing Activities

(40.0m)(131.0m)171.0m

Net Change in Cash

(29.0m)(96.0m)259.0m

Interest Paid

22.0m26.0m26.0m

Income Taxes Paid

58.0m42.0m49.0m

GKN Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017

Manufacturing Facilities (Aerospace)

33 62 55 52

Manufacturing Facilities (Driveline)

46 46 49 58

Manufacturing Facilities (Powder Metallurgy)

34 32 33 34

Countries

34 30

Markets

3 3

GKN Employee Rating

3.3759 votes
Culture & Values
3.2
Work/Life Balance
3.1
Senior Management
2.7
Salary & Benefits
3.3
Career Opportunities
3.0
Source