ARB Corporation Limited (ASX:ARB) Annual Report 2020



The latest annual report of ARB Corporation Limited (ARB) 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 - ARB Annual Results

Amounts in AUD

Total Revenue
466.93M
Gross Profit
245.31M
EBIT
79.75M
Net Tangible Assets
347.41M
Net Income
57.3M
Capital Expenditures
-17.76M

ARB Income Statement 2020 Annual Report

As per the latest Income Statement of ARB, the Net revenue increased by $21.18M (5%) compared to the previous period. The operating income in 2020 increased by $2.61M (3%). The net income as per the annual report was 57.3M which increased by $158000 (0%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue466.93M445.74M
Gross Profit245.31M243.36M
Operating Income79.75M77.15M
Income Before Tax78.09M77.69M
Net Income57.3M57.14M

Balance Sheet - ARB 2020 Annual Report

Read further: ARB Balance Sheet Detailed Analysis

The latest balance sheet from annual result of ARB Corporation Limited showed the company increased the cash on balance sheet by $33.10M (391%). The Net tangible assets of ARB on the balance sheet were at 347.41M which is $20.38M (6%) more than previous annual report. The total stockholder equity also increased by $25.67M (7%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash41.57M8.46M
Total Assets486.52M 399.1M
Long Term Debt--
Total Liabilities114.26M 52.51M
Total Shareholder Equity372.26M346.59M
Net Tangible Assets347.41M327.04M

Cash Flow Statement - ARB 2020 Annual Report

The 2020 annual cash flow statement of ARB Corporation Limited showed that the net income increased by $158000 (0%) compared to previous reporting period. Also the capital expenditure of ARB increased by $5.81M (25%).

As of 2020, the total cash from investing activities was -38.63M and total cash from financing activities was -19.61M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income57.3M57.14M
Capital Expenditures-17.76M-23.57M
Dividends Paid-15.04M-23.78M
Total Cash From From Investing Activities-38.63M-23.55M
Total Cash From From Financing Activities-19.61M-27.78M

ARB Corporation Limited Annual Report History

Income Statement

Income Statement history of ARB Corporation Limited (ASX:ARB)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue466.93M445.74M424.37M380.97M
Cost Of Revenue221.61M202.38M191.93M170.22M
Gross Profit245.31M243.36M232.44M210.75M
Research Development----
Selling General Administrative144.39M148.85M142.69M123.75M
Non Recurring----
Other Operating Expenses-1.27M3.48M2.87M8.14M
Total Operating Expenses387.17M368.6M350.45M313.69M
Operating Income79.75M77.15M73.92M67.28M
Total Other Income Expense Net-1.66M545k451k224k
Ebit79.75M77.15M73.92M67.28M
Interest Expense-1.72M-284k-320k-11k
Income Before Tax78.09M77.69M74.37M67.5M
Income Tax Expense20.8M20.55M23.4M18.35M
Minority Interest----
Net Income From Continuing Ops57.3M57.14M50.97M49.15M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income57.3M57.14M50.97M49.15M
Net Income Applicable To Common Shares57.3M57.14M50.97M49.15M

Balance Sheet Statement

Balance Sheet Statement history of ARB Corporation Limited (ASX:ARB)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash41.57M8.46M9.19M27.64M
Net Receivables60.1M59.45M55.82M50.84M
Inventory119.17M125.34M108.72M88.02M
Total Current Assets224.52M196.38M177.89M169.18M
Property Plant Equipment220.57M169.42M154.34M126.99M
Good Will22.66M16.92M16.92M16.92M
Intangible Assets2.19M2.64M3.36M-
Other Assets16.57M13.74M12.15M10.16M
Deferred Long Term Asset Charges5.9M3.72M3.41M2.53M
Total Assets486.52M399.1M364.66M323.24M
Accounts Payable9.12M18.92M22.93M21.7M
Other Current Liab44.31M18.22M20.67M16.39M
Other Liab1.16M1.3M978k1.12M
Deferred Long Term Liab10.68M10.02M8.74M7.63M
Total Current Liabilities73.28M51.2M60.62M49.78M
Total Liab114.26M52.51M61.59M50.9M
Common Stock116.92M115.18M109.8M107.22M
Retained Earnings232.08M208.61M180.43M157.11M
Treasury Stock23.26M22.81M12.83M8.01M
Other Stockholder Equity23.26M22.81M12.83M8.01M
Total Stockholder Equity372.26M346.59M303.06M272.34M
Net Tangible Assets347.41M327.04M282.79M255.42M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of ARB Corporation Limited (ASX:ARB)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income57.3M57.14M50.97M49.15M
Depreciation17.91M10.38M9.34M10.01M
Change To Netincome2.06M4.16M2.69M128k
Change To Account Receivables647k-2.79M-5.39M-7M
Change To Liabilities-1.48M-4.69M4.1M7.66M
Change To Inventory11.42M-17.45M-21M-1.42M
Change To Operating Activities-2.14M1.81M-16k1.8M
Total Cash From Operating Activities91.24M49.97M44.77M62.21M
Capital Expenditures-17.76M-23.57M-39.15M-20.39M
Total Cashflows From Investing Activities-38.63M-23.55M-42.17M-22.2M
Dividends Paid-15.04M-23.78M-25.42M-26.13M
Net Borrowings-4.57M-4M4M4M
Total Cash From Financing Activities-19.61M-27.78M-21.42M-26.13M
Effect Of Exchange Rate101k632k356k-9k
Change In Cash33.1M-723k-18.46M13.87M