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)

20222021
Total Revenue19.25M18.62M
Gross Profit2.03M2.12M
Operating Income640.35k805.06k
Income Before Tax748.15k1.34M
Net Income575.87k712.99k

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)

20222021
Cash6.8M7.11M
Total Assets41.95M 46.12M
Long Term Debt--
Total Liabilities31.02M 35.77M
Total Shareholder Equity10.94M10.35M
Net Tangible Assets9.03M8.3M

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)

20222021
Net Income575.87k712.99k
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 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue19.25M18.62M20.35M20.9M
Cost Of Revenue17.22M16.49M17.97M18.41M
Gross Profit2.03M2.12M2.37M2.49M
Research Development----
Selling General Administrative----
Non Recurring----
Other Operating Expenses----
Total Operating Expenses18.61M17.81M19.29M19.16M
Operating Income640.35k805.06k1.05M1.74M
Total Other Income Expense Net107.8k530.71k-329.75k116.83k
Ebit640.35k805.06k1.05M1.74M
Interest Expense-1.75M-1.86M-1.85M-10.93k
Income Before Tax748.15k1.34M723.37k1.86M
Income Tax Expense172.28k622.78k217.9k619.44k
Minority Interest----
Net Income From Continuing Ops575.87k712.99k505.48k1.24M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income575.87k712.99k505.48k1.24M
Net Income Applicable To Common Shares575.87k712.99k505.48k1.24M

Balance Sheet Statement

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

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash6.8M7.11M5.57M5.5M
Net Receivables3.33M3.64M4.95M3.09M
Inventory762.38k548.35k565.22k621.62k
Total Current Assets11.04M11.42M11.2M9.32M
Property Plant Equipment10.19M10.98M10.06M2.25M
Good Will1.42M1.42M1.64M1.64M
Intangible Assets481.28k619.36k1.01M1.2M
Other Assets18.81M21.67M22.06M715.96k
Deferred Long Term Asset Charges576.74k615.99k689.1k715.96k
Total Assets41.95M46.12M45.98M15.12M
Accounts Payable938.63k1.65M639.1k1.19M
Other Current Liab350.1k808.54k901.51k415.23k
Other Liab871.82k1.29M1.67M1.79M
Total Current Liabilities4.1M5.17M4.26M2.33M
Total Liab31.02M35.77M34.8M4.12M
Common Stock11.91M11.91M13.59M13.86M
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 Equity10.94M10.35M11.17M11M
Net Tangible Assets9.03M8.3M8.52M8.16M
Long Term Debt----

Cash Flow Statement

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

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income575.87k712.99k505.48k1.24M
Depreciation1.39M1.32M1.32M731.8k
Change To Netincome6.48k-644.9k-63.96k-1.91M
Change To Account Receivables144.18k1.11M50.19k41.28k
Change To Liabilities-1.16M-120.82k-199.24k1.91M
Change To Inventory-214.03k16.86k56.4k457.23k
Total Cash From Operating Activities334.77k3.1M1.33M2.19M
Capital Expenditures-383.58k-690.93k-512.46k-870.8k
Other Cashflows From Investing Activities163.32k70.82k12.44k-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-97942.93k24.69k-12.99k
Change In Cash-315.76k1.54M66.69k-797.4k
Dividends Paid----