Alliance Resources Limited (ASX:AGS) Annual Report 2020



The latest annual report of Alliance Resources Limited (AGS) 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 - AGS Annual Results

Amounts in AUD

Total Revenue
19k
Gross Profit
19k
EBIT
-1.8M
Net Tangible Assets
14.89M
Net Income
-1.75M
Capital Expenditures
-3.07M

AGS Income Statement 2020 Annual Report

As per the latest Income Statement of AGS, the Net revenue decreased by $-41000 (-68%) compared to the previous period. The operating income in 2020 decreased by $-150000 (-9%). The net income as per the annual report was -1.75M which decreased by $-101000 (-6%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue19k60k
Gross Profit19k60k
Operating Income-1.8M-1.65M
Income Before Tax-1.75M-1.65M
Net Income-1.75M-1.65M

Balance Sheet - AGS 2020 Annual Report

Read further: AGS Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Alliance Resources Limited showed the company reduced the cash on balance sheet by $-2.13M (-58%). The Net tangible assets of AGS on the balance sheet were at 14.89M which is $466000 (3%) more than previous annual report. The total stockholder equity also increased by $466000 (3%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash1.56M3.69M
Total Assets15.46M 14.78M
Long Term Debt--
Total Liabilities568k 357k
Total Shareholder Equity14.89M14.42M
Net Tangible Assets14.89M14.42M

Cash Flow Statement - AGS 2020 Annual Report

The 2020 annual cash flow statement of Alliance Resources Limited showed that the net income decreased by $-101000 (-6%) compared to previous reporting period. Also the capital expenditure of AGS increased by $1.01M (25%).

As of 2020, the total cash from investing activities was -3.07M and total cash from financing activities was 1.98M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-1.75M-1.65M
Capital Expenditures-3.07M-4.08M
Dividends Paid--
Total Cash From From Investing Activities-3.07M-4.83M
Total Cash From From Financing Activities1.98M4.27M

Alliance Resources Limited Annual Report History

Income Statement

Income Statement history of Alliance Resources Limited (ASX:AGS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue19k60k150k375k
Cost Of Revenue----
Gross Profit19k60k150k375k
Research Development----
Selling General Administrative1.21M1.21M1.28M1.34M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.82M1.71M1.42M1.67M
Operating Income-1.8M-1.65M-1.27M-1.29M
Total Other Income Expense Net49k---
Ebit-1.8M-1.65M-1.27M-1.29M
Interest Expense-1k-1k-1k-1k
Income Before Tax-1.75M-1.65M-1.27M-1.29M
Income Tax Expense----
Minority Interest--904k902k
Net Income From Continuing Ops-1.75M-1.65M-1.27M-1.29M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-1.75M-1.65M-1.27M-1.15M
Net Income Applicable To Common Shares-1.75M-1.65M-1.27M-1.15M

Balance Sheet Statement

Balance Sheet Statement history of Alliance Resources Limited (ASX:AGS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash1.56M3.69M5.41M9.5M
Net Receivables96k153k120k238k
Other Current Assets63k22k77k17k
Total Current Assets1.72M3.87M5.61M9.75M
Long Term Investments341k294k1.25M1.5M
Property Plant Equipment13.38M10.6M7M4.16M
Other Assets15k15k-20k
Total Assets15.46M14.78M13.85M15.43M
Accounts Payable327k201k229k369k
Other Current Liab13k13k11k11k
Other Liab5k1k80k74k
Total Current Liabilities457k356k352k469k
Total Liab568k357k432k543k
Common Stock53.81M51.81M47.5M47.49M
Retained Earnings-36.63M-34.88M-33.4M-32.13M
Treasury Stock-2.29M-2.51M-1.58M-1.38M
Other Stockholder Equity-2.29M-2.51M-1.58M-1.38M
Total Stockholder Equity14.89M14.42M12.52M13.99M
Net Tangible Assets14.89M14.42M12.52M13.99M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Alliance Resources Limited (ASX:AGS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-1.75M-1.65M-1.27M-1.15M
Depreciation442k478k98k246k
Change To Netincome171k22k49k-61k
Change To Account Receivables57k14k14k-78k
Change To Liabilities126k-71k-114k170k
Change To Operating Activities-80k47k13k-28k
Total Cash From Operating Activities-1.03M-1.16M-1.23M-901k
Capital Expenditures-3.07M-4.08M-402k-1.13M
Total Cashflows From Investing Activities-3.07M-4.83M-2.86M-5.94M
Net Borrowings-23k-23k-23k-23k
Other Cashflows From Financing Activities-61k-310k-310k-5k
Total Cash From Financing Activities1.98M4.27M4.27M-8.35M
Change In Cash-2.13M-1.72M-4.09M-15.19M
Issuance Of Stock2.06M4.58M4.58M4.58M
Dividends Paid----