Rolls Royce had an underlying revenue of $12\mathrm{.}7$bn in $2022,$ an increase from the previous year. The company's underlying operating profit also increased to $652$m$,$ and they returned to a positive cash flow of $504$m$.$ They completed their programme of disposals, achieving around $2$bn in total proceeds, which they used to repay debt. The company strengthened their balance sheet and remains committed to achieving an investment grade rating in the medium term through performance improvement. Although Rolls Royce's $2022$ results were improved year on year, the company must do more to create sustainable value for their stakeholders. They will be bolder with their ambitions in $2023$ and beyond, as they continue to deliver growth and profitability across all their businesses. Demand for Rolls Royce products and services continued to meaningfully improve in $2022,$ with a record year for order intake in Power Systems, accompanied by continued recovery in Civil Aerospace flying hours and progress in Defence, underpinned by key contract wins. Final answer: In conclusion, Rolls Royce had a strong year in $2022,$ with improved financial results and continued growth in demand for their products and services. The company remains committed to creating sustainable value for their stakeholders and will continue to be bolder with their ambitions in the years to come.