Argosy Property Limited (NZX:ARG) Annual Report 2022



The latest annual report of Argosy Property Limited (ARG) was published on 31 Mar 2022. 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 - ARG Annual Results

Amounts in NZD

Total Revenue
131.57M
Gross Profit
105.14M
EBIT
93.33M
Net Tangible Assets
1.47B
Net Income
236.15M
Capital Expenditures
-

ARG Income Statement 2022 Annual Report

As per the latest Income Statement of ARG, the Net revenue increased by $160000 (0%) compared to the previous period. The operating income in 2022 decreased by $-234000 (0%). The net income as per the annual report was 236.15M which decreased by $-5.50M (-2%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue131.57M131.41M
Gross Profit105.14M104.43M
Operating Income93.33M93.57M
Income Before Tax241.19M248.38M
Net Income236.15M241.65M

Balance Sheet - ARG 2022 Annual Report

Read further: ARG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Argosy Property Limited showed the company reduced the cash on balance sheet by $-99000 (-6%). The Net tangible assets of ARG on the balance sheet were at 1.47B which is $191.49M (15%) more than previous annual report. The total stockholder equity also increased by $191.49M (15%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash1.66M1.76M
Total Assets2.29B 2.16B
Long Term Debt737.99M803.08M
Total Liabilities819.42M 876.14M
Total Shareholder Equity1.47B1.28B
Net Tangible Assets1.47B1.28B

Cash Flow Statement - ARG 2022 Annual Report

The 2022 annual cash flow statement of Argosy Property Limited showed that the net income decreased by $-5.50M (-2%) compared to previous reporting period. Also the capital expenditure of ARG increased by $NaN (NaN%).

As of 2022, the total cash from investing activities was 30.59M and total cash from financing activities was -104.14M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income236.15M241.65M
Capital Expenditures--
Dividends Paid-45.05M-37.21M
Total Cash From From Investing Activities30.59M-74.6M
Total Cash From From Financing Activities-104.14M-13.88M

Argosy Property Limited Annual Report History

Income Statement

Income Statement history of Argosy Property Limited (NZX:ARG)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue131.57M131.41M120.92M125.86M
Cost Of Revenue26.43M26.98M23.75M26.04M
Gross Profit105.14M104.43M97.17M99.82M
Research Development----
Selling General Administrative11.81M10.87M11.43M10.94M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses38.24M37.84M35.17M36.98M
Operating Income93.33M93.57M85.74M88.88M
Total Other Income Expense Net147.86M154.82M38.11M45.31M
Ebit93.33M93.57M85.74M88.88M
Interest Expense-13.26M-32.74M-20.84M-31.62M
Income Before Tax241.19M248.38M123.85M143.25M
Income Tax Expense5.04M6.73M4.73M9.59M
Minority Interest----
Net Income From Continuing Ops236.15M241.65M119.12M133.67M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income236.15M241.65M119.12M133.67M
Net Income Applicable To Common Shares236.15M241.65M119.12M133.67M

Balance Sheet Statement

Balance Sheet Statement history of Argosy Property Limited (NZX:ARG)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash1.66M1.76M1.86M2.19M
Net Receivables4.31M4.66M3.25M1.48M
Other Current Assets25.46M91.45M88.5M898k
Total Current Assets31.43M97.87M93.61M4.57M
Long Term Investments12.16M6.16M11.57M1.86M
Property Plant Equipment2.25B2.05B1.82B1.67B
Total Assets2.29B2.16B1.93B1.68B
Accounts Payable21.21M13.39M15.24M15.41M
Short Long Term Debt747k90k--
Other Current Liab5.08M4.4M8.19M4.34M
Long Term Debt737.99M803.08M779.05M635.76M
Other Liab12.69M11.8M8.98M10.11M
Total Current Liabilities28.67M19.69M24.11M20.21M
Total Liab819.42M876.14M853.83M666.09M
Common Stock819.86M809.23M792.83M792.62M
Retained Earnings651.88M470.75M282.56M215.97M
Treasury Stock385k659k418k389k
Other Stockholder Equity385k659k418k389k
Total Stockholder Equity1.47B1.28B1.08B1.01B
Net Tangible Assets1.47B1.28B1.08B1.01B

Cash Flow Statement

Cash Flow Statement history of Argosy Property Limited (NZX:ARG)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income236.15M241.65M119.12M133.67M
Change To Netincome-171.7M-149.73M-53.91M-68.72M
Change To Account Receivables-2.37M-25k-436k207k
Change To Liabilities8M-1.34M-78k3.17M
Change To Operating Activities329k-764k-1.43M-2.32M
Total Cash From Operating Activities73.46M88.38M59.75M66.95M
Total Cashflows From Investing Activities30.59M-74.6M-141.58M-54.02M
Dividends Paid-45.05M-37.21M-53.14M-52.35M
Net Borrowings-58.83M25.54M136.91M41.98M
Other Cashflows From Financing Activities-259k-2.21M-2.27M-1.65M
Total Cash From Financing Activities-104.14M-13.88M81.5M-12.02M
Change In Cash-99k-99k-329k916k
Capital Expenditures----