Austin Engineering Limited (ASX:ANG) Annual Report 2020



The latest annual report of Austin Engineering Limited (ANG) 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 - ANG Annual Results

Amounts in AUD

Total Revenue
230.35M
Gross Profit
113.6M
EBIT
12.36M
Net Tangible Assets
86.29M
Net Income
5.18M
Capital Expenditures
-3.29M

ANG Income Statement 2020 Annual Report

As per the latest Income Statement of ANG, the Net revenue decreased by $-479000 (0%) compared to the previous period. The operating income in 2020 decreased by $-563000 (-4%). The net income as per the annual report was 5.18M which increased by $9.78M (213%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue230.35M230.83M
Gross Profit113.6M124.11M
Operating Income12.36M12.92M
Income Before Tax9.05M6.05M
Net Income5.18M-4.59M

Balance Sheet - ANG 2020 Annual Report

Read further: ANG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Austin Engineering Limited showed the company increased the cash on balance sheet by $12.38M (181%). The Net tangible assets of ANG on the balance sheet were at 86.29M which is $-4.54M (-5%) less than previous annual report. The total stockholder equity also decreased by $-2.85M (-3%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash19.24M6.86M
Total Assets180.44M 177.35M
Long Term Debt4.41M4.58M
Total Liabilities81.9M 75.96M
Total Shareholder Equity98.54M101.4M
Net Tangible Assets86.29M90.83M

Cash Flow Statement - ANG 2020 Annual Report

The 2020 annual cash flow statement of Austin Engineering Limited showed that the net income increased by $9.78M (213%) compared to previous reporting period. Also the capital expenditure of ANG increased by $4.45M (57%).

As of 2020, the total cash from investing activities was 3.02M and total cash from financing activities was -15.46M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income5.18M-4.59M
Capital Expenditures-3.29M-7.74M
Dividends Paid--
Total Cash From From Investing Activities3.02M12.33M
Total Cash From From Financing Activities-15.46M-24.85M

Austin Engineering Limited Annual Report History

Income Statement

Income Statement history of Austin Engineering Limited (ASX:ANG)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue230.35M230.83M275.18M214.89M
Cost Of Revenue116.75M106.72M119.84M79.51M
Gross Profit113.6M124.11M155.34M135.37M
Research Development----
Selling General Administrative75.27M88.62M115.66M101.11M
Non Recurring----
Other Operating Expenses18.41M17.02M25.03M23.37M
Total Operating Expenses217.99M217.91M268M211.67M
Operating Income12.36M12.92M7.18M3.22M
Total Other Income Expense Net-3.31M-6.87M-10.92M-18.21M
Ebit12.36M12.92M7.18M3.22M
Interest Expense-3.31M-3.17M-5.22M-5.04M
Income Before Tax9.05M6.05M-3.74M-15M
Income Tax Expense4.51M3.57M-1.78M566k
Minority Interest----
Net Income From Continuing Ops4.54M2.47M-1.96M-15.56M
Discontinued Operations645k-7.06M-9.98M-12.07M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income5.18M-4.59M-11.94M-27.63M
Net Income Applicable To Common Shares5.18M-4.59M-11.94M-27.63M

Balance Sheet Statement

Balance Sheet Statement history of Austin Engineering Limited (ASX:ANG)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash19.24M6.86M5.58M3.92M
Net Receivables37.05M51.07M64.69M57.45M
Inventory32.04M26.69M37.07M31.62M
Other Current Assets4.99M5.55M18.71M-
Total Current Assets96.56M92.59M130.5M96.21M
Property Plant Equipment56.96M60.62M66.68M105.33M
Good Will10.44M10.39M10.21M11.11M
Intangible Assets1.81M179k616k5.66M
Other Assets14.67M13.58M15.82M13.24M
Deferred Long Term Asset Charges9.94M10.94M13.26M13.24M
Total Assets180.44M177.35M223.83M231.55M
Accounts Payable24.16M26.91M35.23M35.85M
Short Long Term Debt4.82M16.69M23.94M17.05M
Other Current Liab17.52M11.77M27.44M10.36M
Long Term Debt4.41M4.58M12.34M32.45M
Other Liab552k977k1.11M6.36M
Total Current Liabilities66.96M70.4M106.18M80.56M
Total Liab81.9M75.96M119.62M119.37M
Common Stock153.96M153.93M153.93M153.93M
Retained Earnings-43.37M-45.54M-42.23M-30.5M
Treasury Stock-12.05M-6.99M-7.49M-11.25M
Other Stockholder Equity-12.05M-6.99M-7.49M-11.25M
Total Stockholder Equity98.54M101.4M104.21M112.18M
Net Tangible Assets86.29M90.83M93.38M95.41M

Cash Flow Statement

Cash Flow Statement history of Austin Engineering Limited (ASX:ANG)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income5.18M-4.59M-11.94M-27.63M
Depreciation7.27M5.55M7.47M7.68M
Change To Netincome-1.27M3.6M22M23.59M
Change To Account Receivables7.98M18.7M-4.74M-16.95M
Change To Liabilities11.16M-17.28M2.11M19.26M
Change To Inventory-7.03M10.38M-4.52M-16.66M
Change To Operating Activities-1.69M-4.57M-2.77M-7.15M
Total Cash From Operating Activities24.09M13.8M1.2M-14.84M
Capital Expenditures-3.29M-7.74M-3.03M-6.74M
Total Cashflows From Investing Activities3.02M12.33M52k2.59M
Net Borrowings-15.46M-24.85M394k-4.54M
Total Cash From Financing Activities-15.46M-24.85M394k3.42M
Effect Of Exchange Rate737k-3k7k-74k
Change In Cash12.38M1.28M1.66M-8.91M
Dividends Paid----