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Access the latest annual reportand accounts for National Grid plc and its UK and US subsidiaries.
Reports
- PLC
- UK
- US
Introduction to the Annual Report
Watch this video of our Chief Executive, John Pettigrew, where he reflects on the events of the past 12 months and gives an update on our performance and priorities in the UK and the US to introduce the 2023/24 Annual Report.
Annual Report and Accounts
Here you can view or download our full Annual Report and Accounts, or its separate sections – the Strategic Report, Corporate Governance Report, Financial Statements and Additional Information.
Download the Annual Report and Accounts
The Strategic Report includes an overview of our strategy and business model, the principal risks we face and information about our performance. In addition to the financial review included within this section, we provide additional analysis and commentary –including the performance of our operating segments –within the unaudited commentary sections of the financial statements. This additional analysis forms part of our Strategic Report.
Download the Strategic Report
The Corporate Governance report, introduced by our Chair, Paula Rosput Reynolds, contains details about the activities of the Board and its Committees during the year. We include reports from the: Audit & Risk, Finance, Safety & Sustainability, People & Governance, and Remuneration Committees. We also include details of our shareholder engagement activities.
Download the Corporate Governance Report
Our financial statements include: the independent auditor’s reports; consolidated financial statements prepared in accordance with IFRS as adopted by the UK and as issued by the IASB; related commentary and notes to the consolidated financial statements; and the Company’s financial statements, prepared in accordance with FRS 101.
Download the Financial Statements
This section includes: additional disclosures and information; definitions and a glossary of terms; summary consolidated financial information; and other useful information for shareholders, including contact details for more information or help.
Download the Additional Information section
Full year 2023/24 financial and operational highlights
*Statutory operating profit:
£4,475m
2022/23 £4,879m
*Statutory EPS:
60.0p
2022/23 74.2p
Value Added:
79.4p per share
2022/23 131.4p per share
*Underlying operating profit:
£4,773
2022/23 £4,582
*Underlying EPS¹:
78.0p
2022/23 74.5p
*Capital investment¹:
£8,235
2022/23 £7,593
Group return on equity (RoE):
8.9%
2022/23 11.0%
Group safety performance:
0.08 LTIFR
2022/23 0.11 LTIFR
Greenhouse gas emissions:
6.9m tonnes
2022/23 7.3m tonnes
Employee engagement index:
81%
(2022/23: 81%)
Full year dividend of
58.52p/share
2022/23 55.44p/share
Final dividend of:
39.12p/share
2022/23 37.60p/share
* From continuing operations.
¹Prior year comparatives have been restated.
PLC
2023-24
| Name |
|---|
| Annual Report and Accounts 2023/24 |
| Annual Report and Accounts 2023/24 – 20F |
| Annual Report and Accounts 2023/34 - Form 20-F XBRL data files |
| Annual Report and Accounts 2023/24 - ESEF data files |
4
2022-23
| Name |
|---|
| Annual Report and Accounts 2022/23 - Interactive |
| 6 June 2023 - Notice of 2023 Annual General Meeting |
| Annual Report and Accounts 2022/23 – 20F |
| Annual Report and Accounts 2022/23 - Form 20-F XBRL data files |
| Annual Report and Accounts 2022/23 - ESEF data files |
5
2021-22
| Name |
|---|
| Annual Report and Accounts 2021/22 - Interactive |
| Annual Report and Accounts 2021/22 |
| 7 June 2022 - Notice of 2022 Annual General Meeting |
| Annual Report and Accounts 2021/22 - 20-F |
| Annual Report and Accounts 2021/22 - Form 20-F XBRL data files |
| ESEF 2021/22 data files |
6
2020-21
| Name |
|---|
| Annual Report and Accounts 2020/21 |
| Annual Report and Accounts 2020/21 - Interactive |
| Notice of 2021 Annual General Meeting - PDF |
| Annual Report and Accounts 2020/21 - Form 20-F XBRL data files |
| Annual Report and Accounts 2020/21 - 20-F |
5
2019-20
| NameSort descending |
|---|
| Annual Report and Accounts 2019/20 - 20-F |
| Annual Report and Accounts 2019/20 - Form 20-F XBRL data files |
| Annual Report and Accounts 2019/20 - Interactive |
| Annual Report and Accounts 2019/20 - PDF |
| Notice of 2020 Annual General Meeting - PDF |
5
2018-19
| NameSort descending |
|---|
| Annual Report and Accounts 2018/19 - 20-F |
| Annual Report and Accounts 2018/19 - Form 20-F XBRL data files |
| Annual Report and Accounts 2018/19 - Interactive |
| Annual Report and Accounts 2018/19 - PDF |
| Notice of 2019 Annual General Meeting - PDF |
5
2017-18
| NameSort descending |
|---|
| Annual Report and Accounts 2017/18 - 20-F |
| Annual Report and Accounts 2017/18 - Form 20-F XBRL data files |
| Annual Report and Accounts 2017/18 - Interactive |
| Annual Report and Accounts 2017/18 - PDF |
| Notice of 2018 Annual General Meeting - PDF |
5
2016-17
| NameSort descending |
|---|
| Annual Report and Accounts 2016/17 - 20-F |
| Annual Report and Accounts 2016/17 - Interactive |
| Annual Report and Accounts 2016/17 - PDF |
| Future Energy Scenarios 2017 |
| Future Energy Scenarios 2017: FES in 5 |
| Notice of 2017 Annual General Meeting - PDF |
6
2015-16
| NameSort descending |
|---|
| Annual Report and Accounts 2015/16 - 20-F |
| Annual Report and Accounts 2015/16 - Interactive |
| Annual Report and Accounts 2015/16 - PDF |
| Future Energy Scenarios 2016 |
| Future Energy Scenarios 2016: Summary |
| Notice of 2016 Annual General Meeting - PDF |
| Winter Review & Consultation report 2016 |
7
2014-15
| NameSort descending |
|---|
| Annual Report and Accounts 2014/15 - Interactive |
| Annual Report and Accounts 2014/15 - PDF |
| Future Energy Scenarios 2015 |
| Future Energy Scenarios 2015: summary |
| Notice of 2015 Annual General Meeting - PDF |
| Winter Outlook Report 2014/15 |
| Winter Review & Consultation report 2015 |
7
2013-14
| NameSort descending |
|---|
| Annual Report and Accounts 2013/14 - Interactive |
| Annual Report and Accounts 2013/14 - PDF |
| Future Energy Scenarios 2014 |
| Future Energy Scenarios 2014: summary |
| Notice of 2014 Annual General Meeting - PDF |
5
2012-13
| NameSort descending |
|---|
| Annual Report and Accounts 2012/13 - Interactive |
| Annual Report and Accounts 2012/13 - PDF |
| Notice of 2013 Annual General Meeting - PDF |
| Performance Summary 2012/13 |
4
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