Chorus Limited (NZX:CNU) Annual Report 2021



The latest annual report of Chorus Limited (CNU) 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 - CNU Annual Results

Amounts in NZD

Total Revenue
947M
Gross Profit
651M
EBIT
226M
Net Tangible Assets
725M
Net Income
47M
Capital Expenditures
-649M

CNU Income Statement 2021 Annual Report

As per the latest Income Statement of CNU, the Net revenue decreased by $-12.00M (-1%) compared to the previous period. The operating income in 2021 decreased by $-29.00M (-11%). The net income as per the annual report was 47M which decreased by $-5.00M (-10%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue947M959M
Gross Profit651M657M
Operating Income226M255M
Income Before Tax72M73M
Net Income47M52M

Balance Sheet - CNU 2021 Annual Report

Read further: CNU Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Chorus Limited showed the company increased the cash on balance sheet by $NaN (NaN%). The Net tangible assets of CNU on the balance sheet were at 725M which is $13.00M (2%) more than previous annual report. The total stockholder equity also increased by $21.00M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash53M-
Total Assets5.86B 5.64B
Long Term Debt2.88B2.5B
Total Liabilities4.91B 4.71B
Total Shareholder Equity948M927M
Net Tangible Assets725M712M

Cash Flow Statement - CNU 2021 Annual Report

The 2021 annual cash flow statement of Chorus Limited showed that the net income decreased by $-5.00M (-10%) compared to previous reporting period. Also the capital expenditure of CNU increased by $33.00M (5%).

As of 2021, the total cash from investing activities was -649M and total cash from financing activities was 151M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income47M52M
Capital Expenditures-649M-682M
Dividends Paid-86M-76M
Total Cash From From Investing Activities-649M-682M
Total Cash From From Financing Activities151M-70M

Chorus Limited Annual Report History

Income Statement

Income Statement history of Chorus Limited (NZX:CNU)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue947M959M970M990M
Cost Of Revenue296M302M334M337M
Gross Profit651M657M636M653M
Research Development----
Selling General Administrative----
Non Recurring----
Other Operating Expenses----
Total Operating Expenses721M704M727M724M
Operating Income226M255M243M266M
Total Other Income Expense Net-154M-182M-165M-144M
Ebit226M255M243M266M
Interest Expense-157M-182M-169M-151M
Income Before Tax72M73M78M122M
Income Tax Expense25M21M25M37M
Minority Interest----
Net Income From Continuing Ops47M52M53M85M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income47M52M53M85M
Net Income Applicable To Common Shares47M52M53M85M

Balance Sheet Statement

Balance Sheet Statement history of Chorus Limited (NZX:CNU)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash53M-273M50M
Net Receivables145M163M157M174M
Other Current Assets4M2M3M3M
Total Current Assets202M165M433M227M
Property Plant Equipment5.27B5.05B4.82B4.44B
Intangible Assets223M215M198M182M
Other Assets166M210M164M163M
Deferred Long Term Asset Charges93M116M101M82M
Total Assets5.86B5.64B5.62B5.01B
Accounts Payable278M279M94M89M
Short Long Term Debt140M430M688M19M
Other Current Liab33M26M86M87M
Long Term Debt2.88B2.5B2.19B2.29B
Other Liab1.31B1.21B1.12B1.04B
Total Current Liabilities461M749M1.08B419M
Total Liab4.91B4.71B4.64B3.99B
Common Stock689M666M638M590M
Retained Earnings310M372M424M468M
Treasury Stock-51M-111M-83M-36M
Other Stockholder Equity-51M-111M-83M-36M
Total Stockholder Equity948M927M979M1.02B
Net Tangible Assets725M712M781M840M

Cash Flow Statement

Cash Flow Statement history of Chorus Limited (NZX:CNU)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income47M52M53M85M
Depreciation360M346M328M305M
Change To Netincome25M4M20M16M
Change To Account Receivables17M6M-4M-15M
Change To Liabilities7M-12M5M24M
Total Cash From Operating Activities556M474M496M508M
Capital Expenditures-649M-682M-810M-770M
Total Cashflows From Investing Activities-649M-682M-810M-770M
Dividends Paid-86M-76M-49M-43M
Net Borrowings82M-156M419M45M
Other Cashflows From Financing Activities155M162M167M117M
Total Cash From Financing Activities151M-70M537M142M
Change In Cash58M-278M223M-120M