Burger Fuel Group Limited (NZX:BFG) Annual Report 2021



The latest annual report of Burger Fuel Group Limited (BFG) was published on 31 Mar 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 - BFG Annual Results

Amounts in NZD

Total Revenue
18.62M
Gross Profit
2.29M
EBIT
974.8k
Net Tangible Assets
8.13M
Net Income
712.99k
Capital Expenditures
-690.93k

BFG Income Statement 2021 Annual Report

As per the latest Income Statement of BFG, the Net revenue decreased by $-1.73M (-9%) compared to the previous period. The operating income in 2021 decreased by $-78331 (-7%). The net income as per the annual report was 712.99k which increased by $207507 (41%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue18.62M20.35M
Gross Profit2.29M2.37M
Operating Income974.8k1.05M
Income Before Tax1.34M723.37k
Net Income712.99k505.48k

Balance Sheet - BFG 2021 Annual Report

Read further: BFG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Burger Fuel Group Limited showed the company increased the cash on balance sheet by $1.54M (28%). The Net tangible assets of BFG on the balance sheet were at 8.13M which is $-385047 (-5%) less than previous annual report. The total stockholder equity also decreased by $-825202 (-7%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash7.11M5.57M
Total Assets46.12M 45.98M
Long Term Debt--
Total Liabilities35.77M 34.8M
Total Shareholder Equity10.35M11.17M
Net Tangible Assets8.13M8.52M

Cash Flow Statement - BFG 2021 Annual Report

The 2021 annual cash flow statement of Burger Fuel Group Limited showed that the net income increased by $207507 (41%) compared to previous reporting period. Also the capital expenditure of BFG decreased by $-178474 (-35%).

As of 2021, the total cash from investing activities was -505.37k and total cash from financing activities was -1.1M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income712.99k505.48k
Capital Expenditures-690.93k-512.46k
Dividends Paid--
Total Cash From From Investing Activities-505.37k-621.48k
Total Cash From From Financing Activities-1.1M-668.23k

Burger Fuel Group Limited Annual Report History

Income Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue18.62M20.35M20.9M24.69M
Cost Of Revenue16.32M17.97M18.41M24.15M
Gross Profit2.29M2.37M2.49M536.24k
Research Development----
Selling General Administrative----
Non Recurring----
Other Operating Expenses----
Total Operating Expenses17.64M19.29M19.16M24.81M
Operating Income974.8k1.05M1.74M-116.97k
Total Other Income Expense Net360.97k-329.75k116.83k81.5k
Ebit974.8k1.05M1.74M-116.97k
Interest Expense-1.86M-1.85M-10.93k-3.55k
Income Before Tax1.34M723.37k1.86M-35.47k
Income Tax Expense622.78k217.9k619.44k427.6k
Minority Interest----
Net Income From Continuing Ops712.99k505.48k1.24M-463.06k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income712.99k505.48k1.24M-463.06k
Net Income Applicable To Common Shares712.99k505.48k1.24M-463.06k

Balance Sheet Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash7.11M5.57M5.5M6.3M
Net Receivables3.64M4.95M3.09M3.09M
Inventory548.35k565.22k621.62k1.08M
Total Current Assets11.42M11.2M9.32M10.54M
Property Plant Equipment10.81M10.06M2.25M2.1M
Good Will1.64M1.64M1.64M1.64M
Intangible Assets574.44k1.01M1.2M1.17M
Other Assets21.67M22.06M715.96k188.18k
Deferred Long Term Asset Charges615.99k689.1k715.96k188.18k
Total Assets46.12M45.98M15.12M15.64M
Accounts Payable1.65M639.1k1.19M1.32M
Other Current Liab808.54k901.51k415.23k448.65k
Other Liab1.29M1.67M1.79M36.85k
Total Current Liabilities5.17M4.26M2.33M2.4M
Total Liab35.77M34.8M4.12M2.44M
Common Stock11.91M13.59M13.86M16.03M
Retained Earnings-1.27M-1.98M-2.54M-2.34M
Treasury Stock-298.16k-441.3k-324.08k-494.55k
Other Stockholder Equity-298.16k-441.3k-324.08k-494.55k
Total Stockholder Equity10.35M11.17M11M13.2M
Net Tangible Assets8.13M8.52M8.16M10.4M
Long Term Debt----

Cash Flow Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income712.99k505.48k1.24M-463.06k
Depreciation1.32M1.32M731.8k643.61k
Change To Netincome-644.9k-63.96k-1.91M1.34M
Change To Account Receivables1.11M50.19k41.28k-655.38k
Change To Liabilities-120.82k-199.24k1.91M-372.26k
Change To Inventory16.86k56.4k457.23k95.26k
Total Cash From Operating Activities3.1M1.33M2.19M830.94k
Capital Expenditures-690.93k-512.46k-870.8k-1.9M
Other Cashflows From Investing Activities70.82k12.44k-37.9k-37.9k
Total Cashflows From Investing Activities-505.37k-621.48k-1.03M-941.67k
Net Borrowings-397.74k-398.98k-398.98k-398.98k
Total Cash From Financing Activities-1.1M-668.23k-1.95M-1.95M
Effect Of Exchange Rate42.93k24.69k-12.99k-1.29k
Change In Cash1.54M66.69k-797.4k-112.02k
Repurchase Of Stock-700k-269.24k-1.95M-1.95M
Dividends Paid----