Delegat Group Limited (NZX:DGL) Annual Report 2021



The latest annual report of Delegat Group Limited (DGL) 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 - DGL Annual Results

Amounts in NZD

Total Revenue
305.38M
Gross Profit
146.26M
EBIT
95.31M
Net Tangible Assets
448.57M
Net Income
62.17M
Capital Expenditures
-61.7M

DGL Income Statement 2021 Annual Report

As per the latest Income Statement of DGL, the Net revenue increased by $1.20M (0%) compared to the previous period. The operating income in 2021 decreased by $-2.33M (-2%). The net income as per the annual report was 62.17M which decreased by $-3.26M (-5%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue305.38M304.18M
Gross Profit146.26M153.75M
Operating Income95.31M97.64M
Income Before Tax85.53M86.83M
Net Income62.17M65.43M

Balance Sheet - DGL 2021 Annual Report

Read further: DGL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Delegat Group Limited showed the company reduced the cash on balance sheet by $-5.81M (-39%). The Net tangible assets of DGL on the balance sheet were at 448.57M which is $43.50M (11%) more than previous annual report. The total stockholder equity also increased by $43.92M (11%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash8.94M14.76M
Total Assets884.6M 827.4M
Long Term Debt259.52M260.2M
Total Liabilities430.18M 416.89M
Total Shareholder Equity454.42M410.51M
Net Tangible Assets448.57M405.07M

Cash Flow Statement - DGL 2021 Annual Report

The 2021 annual cash flow statement of Delegat Group Limited showed that the net income decreased by $-3.26M (-5%) compared to previous reporting period. Also the capital expenditure of DGL decreased by $-33.06M (-115%).

As of 2021, the total cash from investing activities was -62.13M and total cash from financing activities was -18.23M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income62.17M65.43M
Capital Expenditures-61.7M-28.64M
Dividends Paid-17.21M-17.2M
Total Cash From From Investing Activities-62.13M-29.01M
Total Cash From From Financing Activities-18.23M-46.3M

Delegat Group Limited Annual Report History

Income Statement

Income Statement history of Delegat Group Limited (NZX:DGL)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue305.38M304.18M277.97M255.76M
Cost Of Revenue159.12M150.44M143.83M119.96M
Gross Profit146.26M153.75M134.15M135.8M
Research Development----
Selling General Administrative50.95M56.11M55.13M55.76M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses210.06M206.54M198.96M175.72M
Operating Income95.31M97.64M79.02M80.04M
Total Other Income Expense Net-9.78M-10.81M-13.84M-14.88M
Ebit95.31M97.64M79.02M80.04M
Interest Expense-9.78M-10.81M-12.37M-11.96M
Income Before Tax85.53M86.83M65.18M65.16M
Income Tax Expense23.36M21.41M18.39M18.33M
Minority Interest----
Net Income From Continuing Ops62.17M65.43M46.8M46.84M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income62.17M65.43M46.8M46.84M
Net Income Applicable To Common Shares62.17M65.43M46.8M46.84M

Balance Sheet Statement

Balance Sheet Statement history of Delegat Group Limited (NZX:DGL)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash8.94M14.76M5.65M4.26M
Net Receivables39.5M38.04M36.97M39.52M
Inventory172.06M165.53M157.88M147.43M
Other Current Assets271k3.62M1.09M-
Total Current Assets225.27M225.69M204.6M194.33M
Property Plant Equipment653.48M596.2M586.29M509.86M
Intangible Assets5.85M5.44M4.95M4.66M
Total Assets884.6M827.4M795.84M708.85M
Accounts Payable15.28M13.42M16.96M17.84M
Short Long Term Debt2.56M4.65M2.96M2.01M
Other Current Liab8.55M9.67M6.45M7.5M
Long Term Debt259.52M260.2M282.31M289.46M
Other Liab31.94M30.43M28.69M33.75M
Total Current Liabilities44.85M46.74M46.17M42.45M
Total Liab430.18M416.89M439.14M365.67M
Common Stock49.81M49.81M49.81M49.81M
Retained Earnings408.25M363.3M310.46M296.07M
Treasury Stock-3.64M-2.6M-3.58M-2.7M
Other Stockholder Equity-3.64M-2.6M-3.58M-2.7M
Total Stockholder Equity454.42M410.51M356.7M343.19M
Net Tangible Assets448.57M405.07M351.75M338.53M

Cash Flow Statement

Cash Flow Statement history of Delegat Group Limited (NZX:DGL)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income62.17M65.43M46.8M46.84M
Depreciation23M21.63M20.47M15.09M
Change To Netincome-1.29M1.83M734k9.19M
Change To Account Receivables-2.21M-1.8M2.63M-6.68M
Change To Liabilities1.02M-4.43M-572k3.62M
Change To Inventory-6.53M-1.56M-10.45M-13.75M
Total Cash From Operating Activities74.72M84.31M59.56M57.77M
Capital Expenditures-61.7M-28.64M-32.24M-47.59M
Other Cashflows From Investing Activities1k1k4k1k
Total Cashflows From Investing Activities-62.13M-29.01M-32.55M-45.98M
Dividends Paid-17.21M-17.2M-15.17M-13.15M
Net Borrowings-1.02M-28.11M-10.45M827k
Total Cash From Financing Activities-18.23M-46.3M-25.62M-12.32M
Effect Of Exchange Rate-173k111k-10k316k
Change In Cash-5.81M9.11M1.38M-215k