Aeris Resources Limited (ASX:AIS) Annual Report 2020



The latest annual report of Aeris Resources Limited (AIS) 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 - AIS Annual Results

Amounts in AUD

Total Revenue
227.31M
Gross Profit
10.01M
EBIT
-22.6M
Net Tangible Assets
73.65M
Net Income
-38.35M
Capital Expenditures
-20.36M

AIS Income Statement 2020 Annual Report

As per the latest Income Statement of AIS, the Net revenue decreased by $-5.03M (-2%) compared to the previous period. The operating income in 2020 decreased by $-25.58M (-858%). The net income as per the annual report was -38.35M which decreased by $-25.68M (-203%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue227.31M232.34M
Gross Profit10.01M13.81M
Operating Income-22.6M2.98M
Income Before Tax-38.02M-8.26M
Net Income-38.35M-12.67M

Balance Sheet - AIS 2020 Annual Report

Read further: AIS Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Aeris Resources Limited showed the company increased the cash on balance sheet by $31.75M (141%). The Net tangible assets of AIS on the balance sheet were at 73.65M which is $967000 (1%) more than previous annual report. The total stockholder equity also increased by $967000 (1%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash54.3M22.55M
Total Assets187.77M 184.02M
Long Term Debt48.96M412k
Total Liabilities114.12M 107.13M
Total Shareholder Equity73.65M72.68M
Net Tangible Assets73.65M72.68M

Cash Flow Statement - AIS 2020 Annual Report

The 2020 annual cash flow statement of Aeris Resources Limited showed that the net income decreased by $-25.68M (-203%) compared to previous reporting period. Also the capital expenditure of AIS increased by $7.91M (28%).

As of 2020, the total cash from investing activities was -25.89M and total cash from financing activities was 27.55M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-38.35M-12.67M
Capital Expenditures-20.36M-28.28M
Dividends Paid--
Total Cash From From Investing Activities-25.89M-32.82M
Total Cash From From Financing Activities27.55M-3.8M

Aeris Resources Limited Annual Report History

Income Statement

Income Statement history of Aeris Resources Limited (ASX:AIS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue227.31M232.34M236.02M168.1M
Cost Of Revenue217.3M218.53M198.23M172.34M
Gross Profit10.01M13.81M37.79M-4.24M
Research Development----
Selling General Administrative8.42M9.64M7.22M6.98M
Non Recurring----
Other Operating Expenses487k296k296k467k
Total Operating Expenses249.91M229.36M205.63M180.15M
Operating Income-22.6M2.98M30.39M-12.05M
Total Other Income Expense Net-15.42M-11.24M31.1M-14.93M
Ebit-22.6M2.98M30.39M-12.05M
Interest Expense-7.87M-7.83M-18.68M-16.93M
Income Before Tax-38.02M-8.26M61.49M-26.98M
Income Tax Expense334k4.42M6.19M6.32M
Minority Interest----
Net Income From Continuing Ops-38.35M-12.67M55.3M-33.3M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-38.35M-12.67M55.3M-33.3M
Net Income Applicable To Common Shares-38.35M-12.67M55.3M-33.3M

Balance Sheet Statement

Balance Sheet Statement history of Aeris Resources Limited (ASX:AIS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash54.3M22.55M23.33M9.7M
Net Receivables17.39M5.71M8.74M5.63M
Inventory11.2M16.26M16.31M14.79M
Total Current Assets86.18M49.66M53.02M36.36M
Property Plant Equipment84.33M122.63M119.69M112.52M
Other Assets17.26M11.73M11.78M15.11M
Total Assets187.77M184.02M184.5M163.98M
Accounts Payable37.4M30.1M25.78M24.68M
Short Long Term Debt61k42.97M812k80k
Other Current Liab517k469k2.33M183k
Long Term Debt48.96M412k67.49M105.34M
Other Liab12.27M12.31M11.64M13.02M
Total Current Liabilities49.31M87.34M42.5M36.45M
Total Liab114.12M107.13M129.5M163.5M
Common Stock452.31M420.84M388.18M360.83M
Retained Earnings-379.78M-341.43M-328.76M-384.06M
Treasury Stock1.12M-6.72M-8.63M-7.84M
Other Stockholder Equity1.12M-6.72M-8.63M-7.84M
Total Stockholder Equity73.65M72.68M50.79M-31.07M
Net Tangible Assets73.65M72.68M50.79M-31.07M

Cash Flow Statement

Cash Flow Statement history of Aeris Resources Limited (ASX:AIS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-38.35M-12.67M55.3M-33.3M
Depreciation58.67M31.88M24.82M24.88M
Change To Netincome3.22M2.13M-39.63M9M
Change To Account Receivables-10.99M2.53M-2.84M4.13M
Change To Liabilities7.66M4.13M7.92M10.91M
Change To Inventory5.05M52k-1.51M-837k
Change To Operating Activities4.97M7.57M4.98M1.04M
Total Cash From Operating Activities30.24M35.63M50.52M19.07M
Capital Expenditures-20.36M-28.28M-27.28M-33.16M
Other Cashflows From Investing Activities-5.56M-4.54M-2.24M60k
Total Cashflows From Investing Activities-25.89M-32.82M-29.34M-29.67M
Net Borrowings-6.2M-36.46M-7.54M8.88M
Total Cash From Financing Activities27.55M-3.8M-7.54M8.88M
Effect Of Exchange Rate-153k205k205k120k
Change In Cash31.75M-784k13.63M-1.6M
Issuance Of Stock33.75M35.1M35.1M35.1M
Dividends Paid----