IPH Limited (ASX:IPH) Annual Report 2021



The latest annual report of IPH Limited (IPH) was published on 30 Jun 2021. 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 - IPH Annual Results

Amounts in AUD

Total Revenue
359.68M
Gross Profit
243.29M
EBIT
77.76M
Net Tangible Assets
-41.3M
Net Income
53.6M
Capital Expenditures
-1.81M

IPH Income Statement 2021 Annual Report

As per the latest Income Statement of IPH, the Net revenue decreased by $-5.99M (-2%) compared to the previous period. The operating income in 2021 decreased by $-4.51M (-5%). The net income as per the annual report was 53.6M which decreased by $-1.15M (-2%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue359.68M365.67M
Gross Profit243.29M249.14M
Operating Income77.76M82.27M
Income Before Tax69.88M71.69M
Net Income53.6M54.75M

Balance Sheet - IPH 2021 Annual Report

Read further: IPH Balance Sheet Detailed Analysis

The latest balance sheet from annual result of IPH Limited showed the company reduced the cash on balance sheet by $-11.76M (-14%). The Net tangible assets of IPH on the balance sheet were at -41.3M which is $19.30M (32%) more than previous annual report. The total stockholder equity also increased by $4.13M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash71.15M82.91M
Total Assets674.69M 716.5M
Long Term Debt116.66M152.01M
Total Liabilities247.9M 293.84M
Total Shareholder Equity426.79M422.66M
Net Tangible Assets-41.3M-60.6M

Cash Flow Statement - IPH 2021 Annual Report

The 2021 annual cash flow statement of IPH Limited showed that the net income decreased by $-1.15M (-2%) compared to previous reporting period. Also the capital expenditure of IPH increased by $303000 (14%).

As of 2021, the total cash from investing activities was -10.84M and total cash from financing activities was -93.55M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income53.6M54.75M
Capital Expenditures-1.81M-2.12M
Dividends Paid-49.95M-47.88M
Total Cash From From Investing Activities-10.84M-45.49M
Total Cash From From Financing Activities-93.55M6.57M

IPH Limited Annual Report History

Income Statement

Income Statement history of IPH Limited (ASX:IPH)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue359.68M365.67M252.54M221.96M
Cost Of Revenue116.4M116.53M68.63M65.28M
Gross Profit243.29M249.14M183.91M156.67M
Research Development----
Selling General Administrative110.28M112.54M87.63M77.5M
Non Recurring----
Other Operating Expenses17.78M19.86M12.31M10.57M
Total Operating Expenses281.93M283.41M181.22M166.44M
Operating Income77.76M82.27M71.32M55.52M
Total Other Income Expense Net-7.88M-10.57M-687k-2.19M
Ebit77.76M82.27M71.32M55.52M
Interest Expense-4.53M-6.08M-1.88M-1.54M
Income Before Tax69.88M71.69M70.63M53.32M
Income Tax Expense16.28M16.94M17.52M12.65M
Minority Interest----
Net Income From Continuing Ops53.6M54.75M53.11M40.67M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income53.6M54.75M53.11M40.67M
Net Income Applicable To Common Shares53.6M54.75M53.11M40.67M

Balance Sheet Statement

Balance Sheet Statement history of IPH Limited (ASX:IPH)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash71.15M82.91M35.26M26.21M
Net Receivables90M93.89M65.93M59.3M
Other Current Assets850k557k2.27M1.69M
Total Current Assets164.89M181.06M145.18M88.67M
Property Plant Equipment40.82M52.08M6.69M6.18M
Good Will296.43M298.04M184.65M185.22M
Intangible Assets171.65M185.22M70.41M81.08M
Other Assets890k103k7.97M6.74M
Deferred Long Term Asset Charges34k103k7.79M6.56M
Total Assets674.69M716.5M414.9M367.89M
Accounts Payable15.23M15.06M9.2M11.1M
Short Long Term Debt200k200k200k200k
Other Current Liab13.77M15.32M20.07M14.9M
Long Term Debt116.66M152.01M65.47M40.1M
Other Liab37.35M39M27.09M27.6M
Total Current Liabilities60.66M60.24M37.59M32.6M
Total Liab247.9M293.84M130.15M100.3M
Common Stock417.08M402.15M262.76M262.76M
Retained Earnings11.21M20.05M24.01M16.29M
Treasury Stock-1.5M468k-2.02M-11.46M
Other Stockholder Equity-1.5M468k-2.02M-11.46M
Total Stockholder Equity426.79M422.66M284.75M267.59M
Net Tangible Assets-41.3M-60.6M29.7M1.28M

Cash Flow Statement

Cash Flow Statement history of IPH Limited (ASX:IPH)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income53.6M54.75M53.11M40.67M
Depreciation34.07M32.77M10.64M9.91M
Change To Netincome-184k9.04M2.74M2M
Change To Account Receivables7.12M-682k-7.79M-8.42M
Change To Liabilities-5.85M-12.81M-529k-2.49M
Change To Operating Activities1.64M7.17M-2.54M2.19M
Total Cash From Operating Activities92.65M87.55M61.55M46.46M
Capital Expenditures-1.81M-2.12M-2.27M-745k
Total Cashflows From Investing Activities-10.84M-45.49M-27.95M-42.63M
Dividends Paid-49.95M-47.88M-45.38M-37.97M
Net Borrowings-43.6M54.45M23.6M39.02M
Total Cash From Financing Activities-93.55M6.57M-21.78M-1.67M
Effect Of Exchange Rate-17k-982k-2.77M-336k
Change In Cash-11.76M47.65M9.05M1.82M