Annual reports and financial statements
The latest Annual Reports and Financial Statements available are for the year to 31 March 2020.
The Financial Statements are prepared under International Financial Reporting Standards (IFRS). The Statements for the individual companies are prepared under Financial Reporting Standard 101, which allows for reduced disclosure.
The UK group is headed by Western Power Distribution plc. The principal operating companies in the group are WPD South West, WPD South Wales, WPD West Midlands and WPD East Midlands.
Under the terms of the group's $500m debt issue, WPD is obliged to place on its website a management's narrative analysis of the results of operations. The link is given below.
| South West | South Wales | East Midlands | West Midlands | |
|---|---|---|---|---|
| 2020 Annual Report and Financial Statements | Download | Download | Download | Download |
Under the Disclosure and Transparency Rules, WPD South West and WPD South Wales, as issuers of retail debt, are now required to prepare interim financial statements and make them available on the website. This link is given below.
2020 Western Power Distribution plc group Annual Report and Financial Statements.
| South Wales | South West | |
|---|---|---|
| 2019 Interim Financial Statements | Download | Download |
WPD group Narrative Analysis March 2020
Click here or WPD's financial performance (5 years ended 31 March 2020).
Click here for the WPD Group Company credit ratings.
Click here for the WPD Group Capital Markets Debt Portfolio.
Click here for WPD's Tax Strategy.
Click here for WPD's announcement of voluntary return of regulatory allowances April 2018.
Click here for the WPD Operating Companies Bond programme.
Click here for our EMTN Terms and Conditions Incorporated by Reference.
Click here for the WPD 2023 3.625% Bond prospectus.
Click here for the WPD 2026 3.500% Bond prospectus.
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