Auckland Real Estate Trust (ASX:AKL) Annual Report 2020



The latest annual report of Auckland Real Estate Trust (AKL) 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 - AKL Annual Results

Amounts in AUD

Total Revenue
11.74M
Gross Profit
6.7M
EBIT
3.21M
Net Tangible Assets
89.1M
Net Income
9.53M
Capital Expenditures
-

AKL Income Statement 2020 Annual Report

As per the latest Income Statement of AKL, the Net revenue increased by $3.63M (45%) compared to the previous period. The operating income in 2020 increased by $2.44M (316%). The net income as per the annual report was 9.53M which increased by $6.97M (272%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue11.74M8.11M
Gross Profit6.7M2.86M
Operating Income3.21M770k
Income Before Tax9.53M2.56M
Net Income9.53M2.56M

Balance Sheet - AKL 2020 Annual Report

Read further: AKL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Auckland Real Estate Trust showed the company increased the cash on balance sheet by $68000 (7%). The Net tangible assets of AKL on the balance sheet were at 89.1M which is $32.44M (57%) more than previous annual report. The total stockholder equity also increased by $32.44M (57%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash1.11M1.04M
Total Assets189.23M 112.12M
Long Term Debt75.53M49.43M
Total Liabilities100.13M 55.47M
Total Shareholder Equity89.1M56.66M
Net Tangible Assets89.1M56.66M

Cash Flow Statement - AKL 2020 Annual Report

The 2020 annual cash flow statement of Auckland Real Estate Trust showed that the net income increased by $6.97M (272%) compared to previous reporting period. Also the capital expenditure of AKL increased by $NaN (NaN%).

As of 2020, the total cash from investing activities was -46.62M and total cash from financing activities was 49.4M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income9.53M2.56M
Capital Expenditures--
Dividends Paid--
Total Cash From From Investing Activities-46.62M-32.41M
Total Cash From From Financing Activities49.4M34.55M

Auckland Real Estate Trust Annual Report History

Income Statement

Income Statement history of Auckland Real Estate Trust (ASX:AKL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue11.74M8.11M4.11M2.54M
Cost Of Revenue5.04M5.25M2.28M1.87M
Gross Profit6.7M2.86M1.82M665k
Research Development----
Selling General Administrative1.01M624k377k78k
Non Recurring----
Other Operating Expenses2.22M1.44M901k990k
Total Operating Expenses8.53M7.34M3.56M2.94M
Operating Income3.21M770k547k-403k
Total Other Income Expense Net6.32M1.79M-4.82M-2.4M
Ebit3.21M770k547k-403k
Interest Expense-4.58M-4.59M-3.74M-1.5M
Income Before Tax9.53M2.56M-4.28M-2.8M
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops9.53M2.56M-4.28M-2.8M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income9.53M2.56M-4.28M-2.8M
Net Income Applicable To Common Shares9.53M2.56M-4.28M-2.8M

Balance Sheet Statement

Balance Sheet Statement history of Auckland Real Estate Trust (ASX:AKL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash1.11M1.04M403k1k
Net Receivables1.13M222k24k6k
Other Current Assets1.02M575k152k113k
Total Current Assets3.26M1.84M579k120k
Property Plant Equipment185.04M108.86M64.85M17.17M
Other Assets931k1.43M1.73M1.59M
Total Assets189.23M112.12M67.16M18.88M
Accounts Payable3.64M3.42M956k924k
Other Current Liab560k383k276k144k
Long Term Debt75.53M49.43M20.64M-
Total Current Liabilities5.1M6.04M49.63M19.38M
Total Liab100.13M55.47M70.27M19.38M
Common Stock286.06M261.71M206.14M204.36M
Retained Earnings-200.83M-210.35M-212.91M-208.63M
Treasury Stock3.87M5.3M3.66M3.78M
Other Stockholder Equity3.87M5.3M3.66M3.78M
Total Stockholder Equity89.1M56.66M-3.12M-491k
Net Tangible Assets89.1M56.66M-3.12M-491k

Cash Flow Statement

Cash Flow Statement history of Auckland Real Estate Trust (ASX:AKL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income9.53M2.56M-4.28M-2.8M
Change To Netincome-11.54M-5.55M2.6M2.39M
Change To Account Receivables-1.35M-621k-189k44k
Change To Liabilities215k2.16M-336k-571k
Total Cash From Operating Activities-2.66M-1.51M-2.2M-937k
Investments-32.29M-24.16M-43.56M-43.56M
Total Cashflows From Investing Activities-46.62M-32.41M-47.5M-311k
Net Borrowings25.13M-20.39M50.18M726k
Other Cashflows From Financing Activities-119k-1.06M-77k-77k
Total Cash From Financing Activities49.4M34.55M50.1M1.25M
Effect Of Exchange Rate-49k7k-5k-30k
Change In Cash68k636k402k-23k
Issuance Of Stock24.39M56M56M529k
Capital Expenditures----
Dividends Paid----