Severn Trent Plc has pursued an aggressive dividend policy since privatisation, paying out £ 1.3 bn more in dividends than earned from trading.

 

 

 

Consequently, the all important retained earnings balance has declined from £ 1.3 bn in 1990 to just £ 8 (eight) million by March 2024.

 

The table to the right gives a summarised, pro forma  profit and loss account for the years 1990 - 2024.

Profit has been adjusted for items going through comprehensive income, such as goodwill write off, and movements on pension reserves.

Profit has also been restated for various prior year adjustments, such as when new accounting standards were adopted.

The table below provides an audit trail from these charts directly to published financial statements.

These can be found on the individual company pages.