Credit Investor Presentation
Year ended 31 March
£m
Revenue
Operating expenses
Underlying income statement
Infrastructure renewals expenditure
EBITDA
Depreciation and amortisation
Operating profit
Net finance expense
Share of profits/(losses) of joint ventures
Profit before tax
Tax
Profit after tax
2021
2020
Change (%)
1,808.0
1,859.3
-3%
(618.8)
(584.0)
(164.8)
(143.0)
1,024.4
1,132.3
-10%
(422.3)
(400.2)
602.1
732.1
-18%
(132.8)
(191.2)
(9.3)
(6.1)
460.0
534.8
-14%
(77.0)
(48.5)
383.0
486.3
-21%
Earnings per share (pence)
56.2
71.3
-21%
Interim dividend per ordinary share (pence)
43.24
42.60
+1.5%
Underlying measures reflect the adoption of new definitions for alternative performance measures (APMS) with prior
year numbers re-presented for comparative purposes.
United Utilities
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Credit Investor presentation
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