Below are the financial statements of Next, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of GBP | 2025 | 2024 |
|---|---|---|
| Continuing operations revenue (including credit account interest) | 6,118.1a | 5,491a |
| Cost of sales | -3,456.5a | -3,034.5a |
| Impairment losses on customer and other receivables | -19.4a | -36a |
| Gross profit | 2,642.2a | 2,420.5a |
| Distribution costs | -878.8a | -794.1a |
| Administrative expenses | -670.6a | -657.7a |
| Other gains | 3.4a | 12.3a |
| Trading profit | 1,096.2a | 981a |
| Share of results of associates and joint ventures | 6.7a | 6.9a |
| Impairment in associates and joint ventures | -13a | 0a |
| Curtailment loss - exceptional items | -14.5a | 0a |
| Operating profit | 1,075.4a | 987.9a |
| Gain on Reiss transaction - exceptional items | 0a | 108.6a |
| Finance income | 8.2a | 6.8a |
| Finance costs | -96.6a | -87.5a |
| Profit before taxation | 987a | 1,015.8a |
| Taxation | -243.8a | -215.3a |
| Profit for the year | 743.2a | 800.5a |
| Profit/(loss) attributable to | — | — |
| Equity holders of the Parent company | 736.1a | 802.3a |
| Non-controlling interests | 7.1a | -1.8a |
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