Allied Farmers Limited (NZX:ALF) Annual Report 2021



The latest annual report of Allied Farmers Limited (ALF) 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 - ALF Annual Results

Amounts in NZD

Total Revenue
21.66M
Gross Profit
3.07M
EBIT
2.24M
Net Tangible Assets
10.62M
Net Income
2.02M
Capital Expenditures
-847k

ALF Income Statement 2021 Annual Report

As per the latest Income Statement of ALF, the Net revenue increased by $1.60M (8%) compared to the previous period. The operating income in 2021 increased by $1.39M (163%). The net income as per the annual report was 2.02M which increased by $1.25M (163%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue21.66M20.06M
Gross Profit3.07M1.64M
Operating Income2.24M852k
Income Before Tax2.48M1.1M
Net Income2.02M767k

Balance Sheet - ALF 2021 Annual Report

Read further: ALF Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Allied Farmers Limited showed the company increased the cash on balance sheet by $2.46M (118%). The Net tangible assets of ALF on the balance sheet were at 10.62M which is $6.78M (176%) more than previous annual report. The total stockholder equity also increased by $6.83M (142%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash4.54M2.09M
Total Assets31.34M 24.25M
Long Term Debt1.29M3.05M
Total Liabilities17.77M 17.86M
Total Shareholder Equity11.64M4.81M
Net Tangible Assets10.62M3.85M

Cash Flow Statement - ALF 2021 Annual Report

The 2021 annual cash flow statement of Allied Farmers Limited showed that the net income increased by $1.25M (163%) compared to previous reporting period. Also the capital expenditure of ALF decreased by $-53000 (-7%).

As of 2021, the total cash from investing activities was -3.56M and total cash from financing activities was 1.52M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income2.02M767k
Capital Expenditures-847k-794k
Dividends Paid-214k-357k
Total Cash From From Investing Activities-3.56M322k
Total Cash From From Financing Activities1.52M-1.3M

Allied Farmers Limited Annual Report History

Income Statement

Income Statement history of Allied Farmers Limited (NZX:ALF)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue21.66M20.06M20.58M18.68M
Cost Of Revenue18.59M18.43M17.82M4.17M
Gross Profit3.07M1.64M2.76M14.52M
Research Development----
Selling General Administrative--119k8.22M
Non Recurring----
Other Operating Expenses---2.67M
Total Operating Expenses19.42M19.21M18.57M15.6M
Operating Income2.24M852k2.01M3.09M
Total Other Income Expense Net241k247k212k-653k
Ebit2.24M852k2.01M3.09M
Interest Expense-389k-453k-569k-594k
Income Before Tax2.48M1.1M2.22M2.44M
Income Tax Expense-95k-119k220k210k
Minority Interest1.93M1.58M1.36M1.23M
Net Income From Continuing Ops2.58M1.22M2M2.23M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income2.02M767k1.26M1.53M
Net Income Applicable To Common Shares2.02M767k1.26M1.53M

Balance Sheet Statement

Balance Sheet Statement history of Allied Farmers Limited (NZX:ALF)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash4.54M2.09M2.3M569k
Net Receivables15.5M15.94M16.16M13.99M
Inventory51k296k197k122k
Total Current Assets20.1M18.32M18.66M14.69M
Long Term Investments4.3M---
Property Plant Equipment4.98M4.19M3.84M4.19M
Good Will742k742k742k742k
Intangible Assets271k216k22k9k
Other Assets953k790k772k690k
Deferred Long Term Asset Charges953k790k772k690k
Total Assets31.34M24.25M24.04M20.32M
Accounts Payable11.45M11.78M11.79M8.53M
Short Long Term Debt1.75M741k415k967k
Other Current Liab39k-55k660k
Long Term Debt1.29M3.05M2.56M2.94M
Minority Interest1.93M1.58M1.36M1.23M
Total Current Liabilities14.94M14.09M15.39M13.3M
Total Liab17.77M17.86M18.27M16.86M
Common Stock158.2M153.02M153.02M151.78M
Retained Earnings-146.43M-148.21M-148.61M-149.54M
Treasury Stock-135k---
Other Stockholder Equity-135k---
Total Stockholder Equity11.64M4.81M4.41M2.23M
Net Tangible Assets10.62M3.85M3.65M1.48M

Cash Flow Statement

Cash Flow Statement history of Allied Farmers Limited (NZX:ALF)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income2.02M767k1.26M1.53M
Depreciation692k784k626k495k
Change To Netincome-237k403k733k569k
Change To Account Receivables1.63M-653k-2.09M-3.24M
Change To Liabilities-200k-171k2.69M2.49M
Change To Inventory245k-99k-75k-104k
Total Cash From Operating Activities4.5M767k3.07M1.78M
Capital Expenditures-847k-794k-346k-248k
Investments-1.16M-11k-22k-22k
Total Cashflows From Investing Activities-3.56M322k-466k-2.87M
Dividends Paid-214k-357k-323k-323k
Net Borrowings-749k-719k-1.2M668k
Other Cashflows From Financing Activities-204k-228k-593k-273k
Total Cash From Financing Activities1.52M-1.3M-874k72k
Change In Cash2.46M-215k1.73M-1.01M
Issuance Of Stock2.69M2.69M1.5M1.5M