Skip to main navigation About us Stories Responsibility COP26 Careers Media Investors Contact us What we do Our history Our vision and values Our leadership Corporate information Breadcrumb About us Annual Report and Accounts 2020/21 Introduction to the Annual Report Watch this video of our CEO, 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 2020/21 Annual Report. View video 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 Children's competition For this year’s Annual Report and Accounts we decided to do something different for our front cover. We ran a competition for children to draw or paint a picture or design, in colour, to bring to life what they thought ‘net zero’ means for an energy company like National Grid. More information Strategic Report 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 Corporate Governance The Corporate Governance report, introduced by the outgoing Chairman, Sir Peter Gershon, contains details about the activities of the Board and its committees during the year. We include reports from the: Audit; Finance; Safety, Environment and Health; Nominations; and, Remuneration Committees. We also include details of our shareholder engagement activities. Download the Corporate Governance Report Financial Statements Our financial statements include: the independent auditor’s reports; consolidated financial statements prepared in accordance with IFRS as adopted by the EU 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 Additional information 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 Additional Information Financial and operational highlights *Statutory operating profit £2,895m (2019/20: £2,780m) *from continuing operations *Statutory EPS 46.6p (2019/20: 36.8p) *from continuing operations Value Added 51.3p/share (2019/20: 58.9p/share) *Underlying operating profit £3,283m (2019/20: £3,454m) *from continuing operations *Underlying EPS 54.2p (2019/20: 58.2p) *from continuing operations Capital investment £5,047m (2019/20: £5,405m) Group Return on Equity (RoE) 10.6% (2019/20: 12.0%) Group safety performance 0.10 LTIFR (2019/20: 0.12 LTIFR) Greenhouse gas emissions 6.9m tonnes (2019/20: 6.5m tonnes) Employee engagement index 81% (2019/20: 77%) Full year dividend (pence per share) 49.16p (2019/20: 48.57p) Final dividend of 32.16p/share (2019/20: 32.00p/share) Further reading Investors Corporate governance Responsibility and Sustainability © National Grid 2021 Connect with us Contact us Media contacts Work for us Careers UK Careers US About us National Grid Ventures National Grid Partners Our policies Terms and conditions Privacy policy Modern slavery statement Accessibility statement Cookie policy Stories Journey to net zero Engineering innovation Grid at work Community spirit Energy explained More from National Grid Investors Suppliers Pay your bill (US only)