The Colonial Motor Company Limited (NZX:CMO) Annual Report 2021



The latest annual report of The Colonial Motor Company Limited (CMO) was published on 30 Jun 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 - CMO Annual Results

Amounts in NZD

Total Revenue
901.08M
Gross Profit
166.17M
EBIT
43.61M
Net Tangible Assets
261.42M
Net Income
24.83M
Capital Expenditures
-19.46M

CMO Income Statement 2021 Annual Report

As per the latest Income Statement of CMO, the Net revenue increased by $146.16M (19%) compared to the previous period. The operating income in 2021 increased by $12.40M (40%). The net income as per the annual report was 24.83M which increased by $3.00M (14%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue901.08M754.92M
Gross Profit166.17M145.6M
Operating Income43.61M31.21M
Income Before Tax37.41M24.52M
Net Income24.83M21.83M

Balance Sheet - CMO 2021 Annual Report

Read further: CMO Balance Sheet Detailed Analysis

The latest balance sheet from annual result of The Colonial Motor Company Limited showed the company reduced the cash on balance sheet by $-2.26M (-13%). The Net tangible assets of CMO on the balance sheet were at 261.42M which is $35.13M (16%) more than previous annual report. The total stockholder equity also increased by $35.13M (15%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash14.74M17M
Total Assets447.75M 384.23M
Long Term Debt1.67M2.38M
Total Liabilities181.91M 153.43M
Total Shareholder Equity262.44M227.31M
Net Tangible Assets261.42M226.28M

Cash Flow Statement - CMO 2021 Annual Report

The 2021 annual cash flow statement of The Colonial Motor Company Limited showed that the net income increased by $3.00M (14%) compared to previous reporting period. Also the capital expenditure of CMO decreased by $-5.83M (-43%).

As of 2021, the total cash from investing activities was -22.92M and total cash from financing activities was -3.39M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income24.83M21.83M
Capital Expenditures-19.46M-13.63M
Dividends Paid-15.37M-9.81M
Total Cash From From Investing Activities-22.92M-13.24M
Total Cash From From Financing Activities-3.39M-41.16M

The Colonial Motor Company Limited Annual Report History

Income Statement

Income Statement history of The Colonial Motor Company Limited (NZX:CMO)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue901.08M754.92M909M902.08M
Cost Of Revenue734.9M609.32M757.26M755.54M
Gross Profit166.17M145.6M151.73M146.53M
Research Development----
Selling General Administrative92.49M85.76M87.16M83.6M
Non Recurring----
Other Operating Expenses23.29M22.34M19.35M17.09M
Total Operating Expenses857.47M723.71M869.73M859.98M
Operating Income43.61M31.21M39.27M42.1M
Total Other Income Expense Net-6.2M-6.69M-5.97M-4.19M
Ebit43.61M31.21M39.27M42.1M
Interest Expense-3.02M-4.6M-5.68M-4.57M
Income Before Tax37.41M24.52M33.3M37.91M
Income Tax Expense10.99M1.44M9.79M10.82M
Minority Interest3.39M3.49M3.12M2.87M
Net Income From Continuing Ops26.41M23.08M23.5M27.09M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income24.83M21.83M21.83M24.98M
Net Income Applicable To Common Shares24.83M21.83M21.83M24.98M

Balance Sheet Statement

Balance Sheet Statement history of The Colonial Motor Company Limited (NZX:CMO)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash14.74M17M7.18M10.25M
Net Receivables44.93M41.73M55.34M57.41M
Inventory163.38M139.29M168.33M181.02M
Other Current Assets1.12M2.35M1.74M3.08M
Total Current Assets224.39M200.52M232.74M252.35M
Long Term Investments2.55M2.38M2.44M2.5M
Property Plant Equipment212.44M174.25M163.32M130.47M
Good Will1.03M1.03M1.03M1.03M
Other Assets7.33M6.05M3.28M3.03M
Deferred Long Term Asset Charges5.67M3.67M525k-
Total Assets447.75M384.23M402.81M389.37M
Accounts Payable34.98M22.18M25.47M28.46M
Short Long Term Debt1.14M1.4M1.77M2.78M
Other Current Liab16.84M14.86M14.97M18.82M
Long Term Debt1.67M2.38M2.76M3.02M
Minority Interest3.39M3.49M3.12M2.87M
Total Current Liabilities164.64M137.88M170.72M182.75M
Total Liab181.91M153.43M191.87M189.62M
Common Stock15.97M15.97M15.97M15.97M
Retained Earnings156.68M146.94M134.92M130.7M
Treasury Stock89.79M64.41M56.94M50.21M
Other Stockholder Equity89.79M64.41M56.94M50.21M
Total Stockholder Equity262.44M227.31M207.82M196.88M
Net Tangible Assets261.42M226.28M206.79M195.85M

Cash Flow Statement

Cash Flow Statement history of The Colonial Motor Company Limited (NZX:CMO)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income24.83M21.83M21.83M24.98M
Depreciation6.79M6.29M5.96M3.74M
Change To Netincome4.22M-3.12M1.87M1.5M
Change To Account Receivables-3.26M13.61M2.5M-23.24M
Change To Liabilities12.22M-4.27M-3.62M13.03M
Change To Inventory-24.09M29.04M12.69M-33.25M
Total Cash From Operating Activities24.05M64.22M38.07M-11.35M
Capital Expenditures-19.46M-13.63M-16.32M-14.89M
Other Cashflows From Investing Activities-4.71M-351k-1.45M-1.45M
Total Cashflows From Investing Activities-22.92M-13.24M-17.36M-14.06M
Dividends Paid-15.37M-9.81M-16.35M-15.04M
Net Borrowings8.64M-33.76M-8.5M40.43M
Other Cashflows From Financing Activities3.34M2.4M1.07M2.22M
Total Cash From Financing Activities-3.39M-41.16M-23.78M27.61M
Change In Cash-2.26M9.81M-3.07M2.19M