Allegiance Coal Limited (ASX:AHQ) Annual Report 2020



The latest annual report of Allegiance Coal Limited (AHQ) 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 - AHQ Annual Results

Amounts in AUD

Total Revenue
2.17k
Gross Profit
-4.19M
EBIT
-7.26M
Net Tangible Assets
15.21M
Net Income
-9.18M
Capital Expenditures
-5.6M

AHQ Income Statement 2020 Annual Report

As per the latest Income Statement of AHQ, the Net revenue decreased by $-5128 (-70%) compared to the previous period. The operating income in 2020 decreased by $-5.78M (-390%). The net income as per the annual report was -9.18M which decreased by $-7.72M (-525%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue2.17k7.29k
Gross Profit-4.19M7.29k
Operating Income-7.26M-1.48M
Income Before Tax-9.22M-1.49M
Net Income-9.18M-1.47M

Balance Sheet - AHQ 2020 Annual Report

Read further: AHQ Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Allegiance Coal Limited showed the company reduced the cash on balance sheet by $-2.15M (-83%). The Net tangible assets of AHQ on the balance sheet were at 15.21M which is $91952 (1%) more than previous annual report. The total stockholder equity also increased by $91952 (1%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash442.06k2.6M
Total Assets21.68M 19.25M
Long Term Debt-655.53k
Total Liabilities5.26M 3.53M
Total Shareholder Equity15.21M15.12M
Net Tangible Assets15.21M15.12M

Cash Flow Statement - AHQ 2020 Annual Report

The 2020 annual cash flow statement of Allegiance Coal Limited showed that the net income decreased by $-7.72M (-525%) compared to previous reporting period. Also the capital expenditure of AHQ increased by $197439 (3%).

As of 2020, the total cash from investing activities was -5.6M and total cash from financing activities was 9.21M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-9.18M-1.47M
Capital Expenditures-5.6M-5.8M
Dividends Paid--
Total Cash From From Investing Activities-5.6M-5.8M
Total Cash From From Financing Activities9.21M7.17M

Allegiance Coal Limited Annual Report History

Income Statement

Income Statement history of Allegiance Coal Limited (ASX:AHQ)

30 Jun 202030 Jun 201931 Dec 201830 Jun 2018
Total Revenue2.17k7.29k9.45k9.62k
Cost Of Revenue4.19M---
Gross Profit-4.19M7.29k9.45k9.62k
Research Development----
Selling General Administrative2.73M1.08M1.64M871.14k
Non Recurring----
Other Operating Expenses341.81k412.29k412.29k429.98k
Total Operating Expenses7.26M1.49M1.64M1.3M
Operating Income-7.26M-1.48M-1.63M-1.29M
Total Other Income Expense Net-1.96M-8.95k194.97k-259.43k
Ebit-7.26M-1.48M-1.63M-1.29M
Interest Expense-1.8M-55.78k-36.45k-39.31k
Income Before Tax-9.22M-1.49M-1.44M-1.55M
Income Tax Expense----
Minority Interest1.22M602.31k602.31k602.31k
Net Income From Continuing Ops-9.22M-1.49M-1.44M-1.55M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-9.18M-1.47M-1.44M-1.55M
Net Income Applicable To Common Shares-9.18M-1.47M-1.44M-1.55M

Balance Sheet Statement

Balance Sheet Statement history of Allegiance Coal Limited (ASX:AHQ)

30 Jun 202030 Jun 201931 Dec 201830 Jun 2018
Cash442.06k2.6M1.46M2.94M
Net Receivables75.93k101.47k161.61k213.35k
Total Current Assets614.34k2.74M1.83M3.2M
Property Plant Equipment21.07M16.51M11.87M9.07M
Total Assets21.68M19.25M13.7M12.27M
Accounts Payable331.64k1.02M949k715.19k
Other Current Liab387.22k891.35k-20.75k
Minority Interest1.22M602.31k--
Total Current Liabilities5.26M2.88M949k735.94k
Total Liab5.26M3.53M1.59M1.36M
Common Stock33.53M27.42M25.03M22.78M
Retained Earnings-20.75M-12.55M-12.77M-12.43M
Treasury Stock2.43M243.86k-150.85k563.62k
Other Stockholder Equity2.43M243.86k-150.85k563.62k
Total Stockholder Equity15.21M15.12M12.11M10.91M
Net Tangible Assets15.21M15.12M12.11M10.91M
Long Term Debt-655.53k637.6k619.38k

Cash Flow Statement

Cash Flow Statement history of Allegiance Coal Limited (ASX:AHQ)

30 Jun 202030 Jun 201931 Dec 201830 Jun 2018
Net Income-9.18M-1.47M-1.44M-1.55M
Change To Netincome2.76M98.28k-1.86M205.22k
Change To Account Receivables12.46k10.3k10.3k-19.93k
Change To Liabilities660.15k-344.24k--90.84k
Total Cash From Operating Activities-5.76M-1.7M-1.86M-1.46M
Capital Expenditures-5.6M-5.8M-5.6M-4.14M
Total Cashflows From Investing Activities-5.6M-5.8M-5.6M-4.14M
Net Borrowings1.6M943.13k943.13k-100k
Other Cashflows From Financing Activities1.44M1.24M1.24M1.24M
Total Cash From Financing Activities9.21M7.17M4.51M6.89M
Change In Cash-2.15M-339.56k-2.95M1.3M
Issuance Of Stock6.16M4.98M4.51M6.99M
Dividends Paid----