Burger Fuel Group Limited (NZX:BFG) Annual Report 2022



The latest annual report of Burger Fuel Group Limited (BFG) 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 - BFG Annual Results

Amounts in NZD

Total Revenue
19.25M
Gross Profit
2.03M
EBIT
640.35k
Net Tangible Assets
9.03M
Net Income
575.87k
Capital Expenditures
-383.58k

BFG Income Statement 2022 Annual Report

As per the latest Income Statement of BFG, the Net revenue increased by $635482 (3%) compared to the previous period. The operating income in 2022 decreased by $-164709 (-20%). The net income as per the annual report was 575.87k which decreased by $-137116 (-19%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 19.25M 18.62M
Gross Profit 2.03M 2.12M
Operating Income 640.35k 805.06k
Income Before Tax 748.15k 1.34M
Net Income 575.87k 712.99k

Balance Sheet - BFG 2022 Annual Report

Read further: BFG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Burger Fuel Group Limited showed the company reduced the cash on balance sheet by $-315757 (-4%). The Net tangible assets of BFG on the balance sheet were at 9.03M which is $726632 (9%) more than previous annual report. The total stockholder equity also increased by $588553 (6%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 6.8M 7.11M
Total Assets 41.95M 46.12M
Long Term Debt - -
Total Liabilities 31.02M 35.77M
Total Shareholder Equity 10.94M 10.35M
Net Tangible Assets 9.03M 8.3M

Cash Flow Statement - BFG 2022 Annual Report

The 2022 annual cash flow statement of Burger Fuel Group Limited showed that the net income decreased by $-137116 (-19%) compared to previous reporting period. Also the capital expenditure of BFG increased by $307349 (44%).

As of 2022, the total cash from investing activities was -144.05k and total cash from financing activities was -505.5k.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 575.87k 712.99k
Capital Expenditures -383.58k -690.93k
Dividends Paid - -
Total Cash From From Investing Activities -144.05k -505.37k
Total Cash From From Financing Activities -505.5k -1.1M

Burger Fuel Group Limited Annual Report History

Income Statement

Income Statement history of Burger Fuel Group Limited (NZX:BFG)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 19.25M 18.62M 20.35M 20.9M
Cost Of Revenue 17.22M 16.49M 17.97M 18.41M
Gross Profit 2.03M 2.12M 2.37M 2.49M
Research Development - - - -
Selling General Administrative - - - -
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 18.61M 17.81M 19.29M 19.16M
Operating Income 640.35k 805.06k 1.05M 1.74M
Total Other Income Expense Net 107.8k 530.71k -329.75k 116.83k
Ebit 640.35k 805.06k 1.05M 1.74M
Interest Expense -1.75M -1.86M -1.85M -10.93k
Income Before Tax 748.15k 1.34M 723.37k 1.86M
Income Tax Expense 172.28k 622.78k 217.9k 619.44k
Minority Interest - - - -
Net Income From Continuing Ops 575.87k 712.99k 505.48k 1.24M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 575.87k 712.99k 505.48k 1.24M
Net Income Applicable To Common Shares 575.87k 712.99k 505.48k 1.24M

Balance Sheet Statement

Balance Sheet Statement history of Burger Fuel Group Limited (NZX:BFG)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 6.8M 7.11M 5.57M 5.5M
Net Receivables 3.33M 3.64M 4.95M 3.09M
Inventory 762.38k 548.35k 565.22k 621.62k
Total Current Assets 11.04M 11.42M 11.2M 9.32M
Property Plant Equipment 10.19M 10.98M 10.06M 2.25M
Good Will 1.42M 1.42M 1.64M 1.64M
Intangible Assets 481.28k 619.36k 1.01M 1.2M
Other Assets 18.81M 21.67M 22.06M 715.96k
Deferred Long Term Asset Charges 576.74k 615.99k 689.1k 715.96k
Total Assets 41.95M 46.12M 45.98M 15.12M
Accounts Payable 938.63k 1.65M 639.1k 1.19M
Other Current Liab 350.1k 808.54k 901.51k 415.23k
Other Liab 871.82k 1.29M 1.67M 1.79M
Total Current Liabilities 4.1M 5.17M 4.26M 2.33M
Total Liab 31.02M 35.77M 34.8M 4.12M
Common Stock 11.91M 11.91M 13.59M 13.86M
Retained Earnings -691.17k -1.27M -1.98M -2.54M
Treasury Stock -285.48k -298.16k -441.3k -324.08k
Other Stockholder Equity -285.48k -298.16k -441.3k -324.08k
Total Stockholder Equity 10.94M 10.35M 11.17M 11M
Net Tangible Assets 9.03M 8.3M 8.52M 8.16M
Long Term Debt - - - -

Cash Flow Statement

Cash Flow Statement history of Burger Fuel Group Limited (NZX:BFG)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 575.87k 712.99k 505.48k 1.24M
Depreciation 1.39M 1.32M 1.32M 731.8k
Change To Netincome 6.48k -644.9k -63.96k -1.91M
Change To Account Receivables 144.18k 1.11M 50.19k 41.28k
Change To Liabilities -1.16M -120.82k -199.24k 1.91M
Change To Inventory -214.03k 16.86k 56.4k 457.23k
Total Cash From Operating Activities 334.77k 3.1M 1.33M 2.19M
Capital Expenditures -383.58k -690.93k -512.46k -870.8k
Other Cashflows From Investing Activities 163.32k 70.82k 12.44k -37.9k
Total Cashflows From Investing Activities -144.05k -505.37k -621.48k -1.03M
Net Borrowings -505.5k -397.74k -398.98k -398.98k
Total Cash From Financing Activities -505.5k -1.1M -668.23k -1.95M
Effect Of Exchange Rate -979 42.93k 24.69k -12.99k
Change In Cash -315.76k 1.54M 66.69k -797.4k
Dividends Paid - - - -