NATIONAL GRID PLCNGG

Market cap
P/E ratio
Mar 31,
2018
Mar 31,
2019
Mar 31,
2020
Mar 31,
2021
Mar 31,
2022
Mar 31,
2023
Mar 31,
2024
Mar 31,
2025
Profit (loss) from operating activities3,4932,8702,7802,8954,3714,8794,4754,934
Gain on sale of investments----228846-188
Other fair value movements----22-6521-1666
Depreciation, amortisation and impairment1,5301,5881,6401,6721,8301,9842,0612,479
Share-based payments1627192738483737
Changes in working capital-118-40-394-296223-547147-40
Changes in provisions-206-110198-195149-155840-287
Changes in pensions and other post-retirement benefit obligations-239-123-117-55-84-4631-90
Cash generated from operations – continuing operations4,7024,4644,9144,6185,7886,4327,2816,991
Tax paid-87519915729889342183
Net cash inflow from operating activities – continuing operations4,7104,3894,7154,4615,4906,3436,9396,808
Net cash inflow from operating activities – discontinued operations-207-71-97-782555--
Purchases of intangible assets173306317426446567549526
Purchases of property, plant and equipment3,7383,6354,5834,3625,0986,3256,9048,780
Disposals of property, plant and equipment103868826875226
Investments in joint ventures and associates1291438281265443332396
Dividends received from joint ventures, associates and other investments-----190176126
UK Electricity System Operator-------577
UK Gas Transmission business------681686
Cash flows from losing control of subsidiaries or other businesses, classified as investing activities-20-------
Disposal of financial and other investments13418636621511610285
Acquisition of financial investments289108991979581122
National Grid Renewables and Emerald Energy Venture LLC------19-
Contributions to National Grid Renewables and Emerald Energy Venture LLC--13926----
Net movements in short-term financial investments5,9538227-436-586-1,141-2,606
Interest received576873164065148332
Cash inflows on derivatives---22517-12311
Cash outflows on derivatives---81122362-6
Insurance claim from loss of property, plant and equipment------143-
Net cash flow (used in)/from investing activities – continuing operations2,237-3,190-3,201-5,116-13,885804-7,601-10,593
Cash flows from (used in) investing activities, discontinued operations-1566--125-56410222
Proceeds of Rights Issue-------7,001
Transaction fees related to Rights Issue-------162
Proceeds from issue of treasury shares3317161633162018
Transactions in own shares-----1-4-7
Proceeds received from loans1,9412,9324,2185,64512,34711,9085,5633,237
Repayment of loans2,1561,9693,2531,6631,26115,2601,7012,861
Payments of lease liabilities--121112117155118130
Net movements in short-term borrowings---424-759-11-511544925
Cash inflows on derivatives---58201908662
Cash outflows on derivatives---18511411858106
Interest paid8539149578351,0531,4301,6271,920
Dividends paid to shareholders4,4871,1608921,4139221,6071,7181,529
Net cash flow from/(used in) financing activities – continuing operations-7,316-1,364-1,6067508,919-6,9669874,528
Net cash flow used in financing activities – discontinued operations-231----1,150-207--
Net increase/(decrease) in cash and cash equivalents----31-427765
Reclassification to held for sale-----9-30-123
Exchange movements-334-757-1-23