Accent Resources N.L. (ASX:ACS) Annual Report 2020



The latest annual report of Accent Resources N.L. (ACS) was published on 30 Jun 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 - ACS Annual Results

Amounts in AUD

Total Revenue
-
Gross Profit
-
EBIT
-1.11M
Net Tangible Assets
-3.99M
Net Income
-2.02M
Capital Expenditures
-522.65k

ACS Income Statement 2020 Annual Report

As per the latest Income Statement of ACS, the Net revenue increased by $NaN (NaN%) compared to the previous period. The operating income in 2020 increased by $980562 (47%). The net income as per the annual report was -2.02M which increased by $739533 (27%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue--
Gross Profit--
Operating Income-1.11M-2.09M
Income Before Tax-2.02M-2.76M
Net Income-2.02M-2.76M

Balance Sheet - ACS 2020 Annual Report

Read further: ACS Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Accent Resources N.L. showed the company increased the cash on balance sheet by $730948 (202%). The Net tangible assets of ACS on the balance sheet were at -3.99M which is $-568835 (-17%) less than previous annual report. The total stockholder equity also decreased by $-568835 (-17%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash1.09M362k
Total Assets4.77M 3.56M
Long Term Debt7.96M6.73M
Total Liabilities8.76M 6.98M
Total Shareholder Equity-3.99M-3.42M
Net Tangible Assets-3.99M-3.42M

Cash Flow Statement - ACS 2020 Annual Report

The 2020 annual cash flow statement of Accent Resources N.L. showed that the net income increased by $739533 (27%) compared to previous reporting period. Also the capital expenditure of ACS increased by $25897 (5%).

As of 2020, the total cash from investing activities was -522.65k and total cash from financing activities was 1.99M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-2.02M-2.76M
Capital Expenditures-522.65k-548.55k
Dividends Paid--
Total Cash From From Investing Activities-522.65k-548.55k
Total Cash From From Financing Activities1.99M1M

Accent Resources N.L. Annual Report History

Income Statement

Income Statement history of Accent Resources N.L. (ASX:ACS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue---10.34k
Cost Of Revenue----
Gross Profit---10.34k
Research Development----
Selling General Administrative769.57k400.01k370.92k461.87k
Non Recurring----
Other Operating Expenses96.25k44.02k56.46k35.78k
Total Operating Expenses1.11M2.09M797.2k727.87k
Operating Income-1.11M-2.09M-797.2k-717.53k
Total Other Income Expense Net-913.97k-672.94k-1.78M-2.4M
Ebit-1.11M-2.09M-797.2k-717.53k
Interest Expense-969.53k-685.7k-551.22k-413.66k
Income Before Tax-2.02M-2.76M-2.57M-3.11M
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-2.02M-2.76M-2.57M-3.11M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-2.02M-2.76M-2.57M-3.11M
Net Income Applicable To Common Shares-2.02M-2.76M-2.57M-3.11M

Balance Sheet Statement

Balance Sheet Statement history of Accent Resources N.L. (ASX:ACS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash1.09M362k354.78k354.07k
Net Receivables30.36k3.94k8812.66k
Other Current Assets21.33k11.8k6.8k4.39k
Total Current Assets1.14M377.75k362.46k361.12k
Property Plant Equipment3.63M3.19M4.28M4.04M
Total Assets4.77M3.56M5.4M6.4M
Accounts Payable151.74k1.87k51211.61k
Long Term Debt7.96M6.73M5.21M4.35M
Total Current Liabilities799.15k256.63k249.66k184.02k
Total Liab8.76M6.98M5.46M4.53M
Common Stock29.06M29.06M29.06M29.06M
Retained Earnings-35.78M-33.76M-31M-28.43M
Treasury Stock2.73M1.28M1.89M1.24M
Other Stockholder Equity2.73M1.28M1.89M1.24M
Total Stockholder Equity-3.99M-3.42M-57.82k1.87M
Net Tangible Assets-3.99M-3.42M-57.82k1.87M

Cash Flow Statement

Cash Flow Statement history of Accent Resources N.L. (ASX:ACS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-2.02M-2.76M-2.57M-3.11M
Depreciation239.22k1.64M369.81k230.22k
Change To Netincome969.53k685.7k1.79M2.4M
Change To Account Receivables15.96k-3.64k-6336.77k
Change To Liabilities57.41k-9.32k32.57k41.58k
Total Cash From Operating Activities-736.88k-444.22k-381.52k-438.97k
Capital Expenditures-522.65k-548.55k-617.78k-597.56k
Total Cashflows From Investing Activities-522.65k-548.55k-617.78k-573.06k
Net Borrowings1.99M1M1M1M
Total Cash From Financing Activities1.99M1M1M1M
Change In Cash730.95k7.23k704-12.03k
Dividends Paid----