Adbri Limited (ASX:ABC) Annual Report 2020



The latest annual report of Adbri Limited (ABC) was published on 31 Dec 2020. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - ABC Annual Results

Amounts in AUD

Total Revenue
1.45B
Gross Profit
237.3M
EBIT
138.9M
Net Tangible Assets
938.6M
Net Income
93.7M
Capital Expenditures
-136.4M

ABC Income Statement 2020 Annual Report

As per the latest Income Statement of ABC, the Net revenue decreased by $-62.80M (-4%) compared to the previous period. The operating income in 2020 increased by $20.80M (18%). The net income as per the annual report was 93.7M which increased by $46.40M (98%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue1.45B1.52B
Gross Profit237.3M226M
Operating Income138.9M118.1M
Income Before Tax127.2M63.4M
Net Income93.7M47.3M

Balance Sheet - ABC 2020 Annual Report

Read further: ABC Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Adbri Limited showed the company reduced the cash on balance sheet by $-22.80M (-20%). The Net tangible assets of ABC on the balance sheet were at 938.6M which is $27.00M (3%) more than previous annual report. The total stockholder equity also increased by $24.80M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash94M116.8M
Total Assets2.12B 2.15B
Long Term Debt466.1M540.1M
Total Liabilities900.9M 956.4M
Total Shareholder Equity1.22B1.19B
Net Tangible Assets938.6M911.6M

Cash Flow Statement - ABC 2020 Annual Report

The 2020 annual cash flow statement of Adbri Limited showed that the net income increased by $46.40M (98%) compared to previous reporting period. Also the capital expenditure of ABC decreased by $-44.80M (-49%).

As of 2020, the total cash from investing activities was -133.4M and total cash from financing activities was -145.3M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income93.7M47.3M
Capital Expenditures-136.4M-91.6M
Dividends Paid-63.6M-71.72M
Total Cash From From Investing Activities-133.4M-89M
Total Cash From From Financing Activities-145.3M-81.3M

Adbri Limited Annual Report History

Income Statement

Income Statement history of Adbri Limited (ASX:ABC)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue1.45B1.52B1.63B1.56B
Cost Of Revenue1.22B1.29B1.33B1.25B
Gross Profit237.3M226M304.1M305.9M
Research Development----
Selling General Administrative98.4M107.5M91.4M93M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.32B1.4B1.42B1.35B
Operating Income138.9M118.1M212.7M212.9M
Total Other Income Expense Net-11.7M-54.7M38.3M42.6M
Ebit138.9M118.1M212.7M212.9M
Interest Expense-22.3M-19.2M-15.2M-12.5M
Income Before Tax127.2M63.4M251M255.5M
Income Tax Expense33.6M16.2M65.8M72.7M
Minority Interest2.3M2.4M2.5M2.6M
Net Income From Continuing Ops93.6M47.2M185.2M182.8M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income93.7M47.3M185.3M182.7M
Net Income Applicable To Common Shares93.7M47.3M185.3M182.7M

Balance Sheet Statement

Balance Sheet Statement history of Adbri Limited (ASX:ABC)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash94M116.8M93.9M57.6M
Net Receivables196.8M239.7M223M234.5M
Inventory152.1M155.2M176.4M174.3M
Total Current Assets452.5M519.2M500.6M474.8M
Long Term Investments197.8M184.8M173.9M160.3M
Property Plant Equipment1.1B1.08B1.04B1.01B
Good Will272.5M272.5M281.3M280.1M
Intangible Assets8.6M10.8M18.2M19.8M
Other Assets89.5M90.9M66.4M66M
Total Assets2.12B2.15B2.08B2.01B
Accounts Payable172M144.9M133M145.8M
Other Current Liab16.2M16.2M19.5M34M
Long Term Debt466.1M540.1M518.7M428.9M
Other Liab128.7M141.4M134.5M130.1M
Minority Interest2.3M2.4M2.5M2.6M
Total Current Liabilities221.3M193M179.3M208.2M
Total Liab900.9M956.4M832.5M767.2M
Common Stock740.1M739M734.4M733.1M
Retained Earnings485.8M455.7M504.5M508.2M
Treasury Stock-6.2M200k4.2M1.9M
Other Stockholder Equity-6.2M200k4.2M1.9M
Total Stockholder Equity1.22B1.19B1.24B1.24B
Net Tangible Assets938.6M911.6M943.6M943.3M

Cash Flow Statement

Cash Flow Statement history of Adbri Limited (ASX:ABC)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income93.7M47.3M185.3M182.7M
Depreciation91.5M91.8M85.4M80.7M
Change To Netincome17.6M66.4M-10.9M-8.3M
Change To Account Receivables20.1M3M16.9M-53M
Change To Liabilities16.2M-2.9M-8.9M23.7M
Change To Inventory3.1M-3.2M-2.1M-9M
Change To Operating Activities-10.7M11.9M-7.6M11.1M
Total Cash From Operating Activities256.2M193.2M244.7M224.2M
Capital Expenditures-136.4M-91.6M-112.7M-89.1M
Other Cashflows From Investing Activities-2M-2.7M-2M-3.1M
Total Cashflows From Investing Activities-133.4M-89M-110.9M-154.1M
Dividends Paid-63.6M-71.72M-136.57M-103.99M
Net Borrowings-82.8M12.2M89M118.5M
Total Cash From Financing Activities-145.3M-81.3M-97.4M-34M
Effect Of Exchange Rate-300k-300k-100k-100k
Change In Cash-22.8M22.9M36.3M36.1M
Issuance Of Stock1.1M4.3M2.2M3.5M