Ardent Leisure Group Limited (ASX:ALG) Annual Report 2020



The latest annual report of Ardent Leisure Group Limited (ALG) 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 - ALG Annual Results

Amounts in AUD

Total Revenue
398.31M
Gross Profit
294.71M
EBIT
-49.83M
Net Tangible Assets
170.66M
Net Income
-136.62M
Capital Expenditures
-79.45M

ALG Income Statement 2020 Annual Report

As per the latest Income Statement of ALG, the Net revenue decreased by $-84.99M (-18%) compared to the previous period. The operating income in 2020 decreased by $-36.88M (-285%). The net income as per the annual report was -136.62M which decreased by $-75.75M (-124%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue398.31M483.3M
Gross Profit294.71M322.94M
Operating Income-49.83M-12.96M
Income Before Tax-131.93M-47.97M
Net Income-136.62M-60.88M

Balance Sheet - ALG 2020 Annual Report

Read further: ALG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Ardent Leisure Group Limited showed the company increased the cash on balance sheet by $69.28M (75%). The Net tangible assets of ALG on the balance sheet were at 170.66M which is $-135.47M (-44%) less than previous annual report. The total stockholder equity also decreased by $-134.34M (-35%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash161.62M92.33M
Total Assets1.08B 705.32M
Long Term Debt292.18M168.14M
Total Liabilities787.9M 320.22M
Total Shareholder Equity250.76M385.1M
Net Tangible Assets170.66M306.13M

Cash Flow Statement - ALG 2020 Annual Report

The 2020 annual cash flow statement of Ardent Leisure Group Limited showed that the net income decreased by $-75.75M (-124%) compared to previous reporting period. Also the capital expenditure of ALG decreased by $-11.15M (-16%).

As of 2020, the total cash from investing activities was -81.99M and total cash from financing activities was 98.95M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-136.62M-60.88M
Capital Expenditures-79.45M-68.3M
Dividends Paid--14.26M
Total Cash From From Investing Activities-81.99M-71.25M
Total Cash From From Financing Activities98.95M115.41M

Ardent Leisure Group Limited Annual Report History

Income Statement

Income Statement history of Ardent Leisure Group Limited (ASX:ALG)

30 Jun 202025 Jun 201926 Jun 201830 Jun 2017
Total Revenue398.31M483.3M435.89M372.11M
Cost Of Revenue103.6M160.36M135.38M115.75M
Gross Profit294.71M322.94M300.51M256.36M
Research Development----
Selling General Administrative203.67M222.69M196.83M178.93M
Non Recurring----
Other Operating Expenses46.74M60.86M53.47M39.13M
Total Operating Expenses448.15M496.26M428.71M368.51M
Operating Income-49.83M-12.96M7.18M3.6M
Total Other Income Expense Net-82.09M-35.01M-155.52M-122.06M
Ebit-49.83M-12.96M7.18M3.6M
Interest Expense-64.18M-8.26M-10.34M-12.05M
Income Before Tax-131.93M-47.97M-148.34M-118.46M
Income Tax Expense4.7M12.29M-29.52M-5.28M
Minority Interest39.19M39.19M39.19M39.19M
Net Income From Continuing Ops-136.63M-60.27M-118.81M-113.18M
Discontinued Operations4k-612k28.12M50.62M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-136.62M-60.88M-90.69M-62.56M
Net Income Applicable To Common Shares-136.62M-60.88M-90.69M-62.56M

Balance Sheet Statement

Balance Sheet Statement history of Ardent Leisure Group Limited (ASX:ALG)

30 Jun 202025 Jun 201926 Jun 201830 Jun 2017
Cash161.62M92.33M16.55M10.84M
Net Receivables4.87M15.3M16.02M6.05M
Inventory19.73M8.36M8.95M70.01M
Total Current Assets189.27M121.66M48.98M225.87M
Long Term Investments3.23M2.99M2.81M3.47M
Property Plant Equipment800.86M478.64M455.67M636.44M
Good Will60.74M59.95M56.44M82.97M
Intangible Assets19.36M19.02M13.83M13.62M
Other Assets4.39M23.07M21M11.84M
Deferred Long Term Asset Charges4.18M22.84M20.77M11.55M
Total Assets1.08B705.32M598.73M974.21M
Accounts Payable16.68M9.3M10.23M14.09M
Short Long Term Debt2.62M1.8M-55.43M
Other Current Liab41.25M45.3M40.3M116.24M
Long Term Debt292.18M168.14M27.88M178.48M
Other Liab16.11M68.87M51.16M44.39M
Minority Interest39.19M---
Total Current Liabilities109.53M83.21M75.57M219.62M
Total Liab787.9M320.22M154.61M442.49M
Common Stock777.12M777.12M666.73M662.45M
Retained Earnings-436.86M-299.83M-206.96M-102.2M
Treasury Stock-89.5M-92.19M-15.65M-28.52M
Other Stockholder Equity-89.5M-92.04M-14.25M-26.86M
Total Stockholder Equity250.76M385.1M444.12M531.72M
Net Tangible Assets170.66M306.13M373.84M435.13M

Cash Flow Statement

Cash Flow Statement history of Ardent Leisure Group Limited (ASX:ALG)

30 Jun 202025 Jun 201926 Jun 201830 Jun 2017
Net Income-136.62M-60.88M-90.69M-62.56M
Depreciation89.22M48.57M52.55M54.96M
Change To Netincome84.79M31.51M100.42M59.32M
Change To Account Receivables10.87M-72k-10.93M2.97M
Change To Liabilities13.95M-6.07M-29.13M13.15M
Change To Inventory-11.71M1.42M34.23M3.41M
Change To Operating Activities2.69M-1.77M-2.19M469k
Total Cash From Operating Activities52.72M32.5M57.08M72.18M
Capital Expenditures-79.45M-68.3M-122.32M-212.16M
Total Cashflows From Investing Activities-81.99M-71.25M175.27M44.35M
Net Borrowings51.25M148.4M-204.96M-76.2M
Other Cashflows From Financing Activities-52.06M-18.73M-10.39M-11.48M
Total Cash From Financing Activities98.95M115.41M-226.44M-114.9M
Effect Of Exchange Rate-396k-872k-209k153k
Change In Cash69.28M75.78M5.7M1.77M
Repurchase Of Stock-137k-137k-137k-1.66M
Dividends Paid--14.26M-11.08M-25.56M