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)

	2021	2020
Total Revenue	18.62M	20.35M
Gross Profit	2.29M	2.37M
Operating Income	974.8k	1.05M
Income Before Tax	1.34M	723.37k
Net Income	712.99k	505.48k

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)

	2021	2020
Cash	7.11M	5.57M
Total Assets	46.12M	45.98M
Long Term Debt	-	-
Total Liabilities	35.77M	34.8M
Total Shareholder Equity	10.35M	11.17M
Net Tangible Assets	8.13M	8.52M

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)

	2021	2020
Net Income	712.99k	505.48k
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 2021	31 Mar 2020	31 Mar 2019	31 Mar 2018
Total Revenue	18.62M	20.35M	20.9M	24.69M
Cost Of Revenue	16.32M	17.97M	18.41M	24.15M
Gross Profit	2.29M	2.37M	2.49M	536.24k
Research Development	-	-	-	-
Selling General Administrative	-	-	-	-
Non Recurring	-	-	-	-
Other Operating Expenses	-	-	-	-
Total Operating Expenses	17.64M	19.29M	19.16M	24.81M
Operating Income	974.8k	1.05M	1.74M	-116.97k
Total Other Income Expense Net	360.97k	-329.75k	116.83k	81.5k
Ebit	974.8k	1.05M	1.74M	-116.97k
Interest Expense	-1.86M	-1.85M	-10.93k	-3.55k
Income Before Tax	1.34M	723.37k	1.86M	-35.47k
Income Tax Expense	622.78k	217.9k	619.44k	427.6k
Minority Interest	-	-	-	-
Net Income From Continuing Ops	712.99k	505.48k	1.24M	-463.06k
Discontinued Operations	-	-	-	-
Extraordinary Items	-	-	-	-
Effect Of Accounting Charges	-	-	-	-
Other Items	-	-	-	-
Net Income	712.99k	505.48k	1.24M	-463.06k
Net Income Applicable To Common Shares	712.99k	505.48k	1.24M	-463.06k

Balance Sheet Statement

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

	31 Mar 2021	31 Mar 2020	31 Mar 2019	31 Mar 2018
Cash	7.11M	5.57M	5.5M	6.3M
Net Receivables	3.64M	4.95M	3.09M	3.09M
Inventory	548.35k	565.22k	621.62k	1.08M
Total Current Assets	11.42M	11.2M	9.32M	10.54M
Property Plant Equipment	10.81M	10.06M	2.25M	2.1M
Good Will	1.64M	1.64M	1.64M	1.64M
Intangible Assets	574.44k	1.01M	1.2M	1.17M
Other Assets	21.67M	22.06M	715.96k	188.18k
Deferred Long Term Asset Charges	615.99k	689.1k	715.96k	188.18k
Total Assets	46.12M	45.98M	15.12M	15.64M
Accounts Payable	1.65M	639.1k	1.19M	1.32M
Other Current Liab	808.54k	901.51k	415.23k	448.65k
Other Liab	1.29M	1.67M	1.79M	36.85k
Total Current Liabilities	5.17M	4.26M	2.33M	2.4M
Total Liab	35.77M	34.8M	4.12M	2.44M
Common Stock	11.91M	13.59M	13.86M	16.03M
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 Equity	10.35M	11.17M	11M	13.2M
Net Tangible Assets	8.13M	8.52M	8.16M	10.4M
Long Term Debt	-	-	-	-

Cash Flow Statement

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

	31 Mar 2021	31 Mar 2020	31 Mar 2019	31 Mar 2018
Net Income	712.99k	505.48k	1.24M	-463.06k
Depreciation	1.32M	1.32M	731.8k	643.61k
Change To Netincome	-644.9k	-63.96k	-1.91M	1.34M
Change To Account Receivables	1.11M	50.19k	41.28k	-655.38k
Change To Liabilities	-120.82k	-199.24k	1.91M	-372.26k
Change To Inventory	16.86k	56.4k	457.23k	95.26k
Total Cash From Operating Activities	3.1M	1.33M	2.19M	830.94k
Capital Expenditures	-690.93k	-512.46k	-870.8k	-1.9M
Other Cashflows From Investing Activities	70.82k	12.44k	-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 Rate	42.93k	24.69k	-12.99k	-1.29k
Change In Cash	1.54M	66.69k	-797.4k	-112.02k
Repurchase Of Stock	-700k	-269.24k	-1.95M	-1.95M
Dividends Paid	-	-	-	-