PLC annual reports
Access the latest annual report and accounts for National Grid plc and its UK and US subsidiaries.
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.
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 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 
Financial Statements
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 
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.
* From continuing operations.
¹Prior year comparatives have been restated.
