Fletcher Building Limited (NZX:FBU) Annual Report 2021



The latest annual report of Fletcher Building Limited (FBU) 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 - FBU Annual Results

Amounts in NZD

Total Revenue
8.12B
Gross Profit
2.34B
EBIT
650M
Net Tangible Assets
2.63B
Net Income
305M
Capital Expenditures
-231M

FBU Income Statement 2021 Annual Report

As per the latest Income Statement of FBU, the Net revenue increased by $811.00M (11%) compared to the previous period. The operating income in 2021 increased by $497.00M (325%). The net income as per the annual report was 305M which increased by $501.00M (256%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue8.12B7.31B
Gross Profit2.34B1.81B
Operating Income650M153M
Income Before Tax433M-265M
Net Income305M-196M

Balance Sheet - FBU 2021 Annual Report

Read further: FBU Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Fletcher Building Limited showed the company reduced the cash on balance sheet by $-438.00M (-40%). The Net tangible assets of FBU on the balance sheet were at 2.63B which is $268.00M (11%) more than previous annual report. The total stockholder equity also increased by $255.00M (7%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash666M1.1B
Total Assets8.01B 8.78B
Long Term Debt751M1.21B
Total Liabilities4.24B 5.24B
Total Shareholder Equity3.75B3.5B
Net Tangible Assets2.63B2.37B

Cash Flow Statement - FBU 2021 Annual Report

The 2021 annual cash flow statement of Fletcher Building Limited showed that the net income increased by $501.00M (256%) compared to previous reporting period. Also the capital expenditure of FBU increased by $9.00M (4%).

As of 2021, the total cash from investing activities was -211M and total cash from financing activities was -1.11B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income305M-196M
Capital Expenditures-231M-240M
Dividends Paid-99M-128M
Total Cash From From Investing Activities-211M-234M
Total Cash From From Financing Activities-1.11B-443M

Fletcher Building Limited Annual Report History

Income Statement

Income Statement history of Fletcher Building Limited (NZX:FBU)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue8.12B7.31B8.31B8.21B
Cost Of Revenue5.78B5.5B6.03B6.57B
Gross Profit2.34B1.81B2.28B1.64B
Research Development----
Selling General Administrative1.69B1.66B1.75B1.69B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses7.47B7.16B7.77B8.26B
Operating Income650M153M535M-51M
Total Other Income Expense Net-217M-418M-196M-282M
Ebit650M153M535M-51M
Interest Expense-124M-178M-154M-174M
Income Before Tax433M-265M339M-333M
Income Tax Expense116M-81M80M-105M
Minority Interest16M35M32M24M
Net Income From Continuing Ops317M-184M259M-228M
Discontinued Operations---82M49M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income305M-196M164M-190M
Net Income Applicable To Common Shares305M-196M164M-190M

Balance Sheet Statement

Balance Sheet Statement history of Fletcher Building Limited (NZX:FBU)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash666M1.1B1.37B665M
Net Receivables1.18B1.18B1.4B1.71B
Inventory1.19B1.22B1.34B1.56B
Other Current Assets94M329M5M6M
Total Current Assets3.12B3.82B4.12B3.94B
Long Term Investments173M158M152M150M
Property Plant Equipment2.98B2.97B1.75B2.23B
Good Will706M708M711M1.08B
Intangible Assets414M425M418M611M
Other Assets614M695M554M524M
Deferred Long Term Asset Charges224M285M121M161M
Total Assets8.01B8.78B7.71B8.54B
Accounts Payable729M609M761M1.07B
Short Long Term Debt106M581M602M185M
Other Current Liab867M984M930M1.05B
Long Term Debt751M1.21B1.09B1.75B
Other Liab63M99M112M294M
Minority Interest16M35M32M24M
Total Current Liabilities1.91B2.38B2.33B2.36B
Total Liab4.24B5.24B3.54B4.4B
Common Stock3.28B3.3B3.45B3.45B
Retained Earnings598M391M898M894M
Treasury Stock-121M-191M-204M-223M
Other Stockholder Equity-91M-171M-184M-201M
Total Stockholder Equity3.75B3.5B4.14B4.12B
Net Tangible Assets2.63B2.37B3.01B2.42B

Cash Flow Statement

Cash Flow Statement history of Fletcher Building Limited (NZX:FBU)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income305M-196M164M-190M
Depreciation363M370M199M214M
Change To Netincome219M178M194M-58M
Change To Account Receivables-62M95M26M-12M
Change To Liabilities160M-67M-59M121M
Change To Inventory-22M-1M-69M-58M
Change To Operating Activities-74M31M-302M379M
Total Cash From Operating Activities889M410M153M396M
Capital Expenditures-231M-240M-348M-304M
Total Cashflows From Investing Activities-211M-234M914M-228M
Dividends Paid-99M-128M-68M-123M
Net Borrowings-946M-159M-280M-317M
Other Cashflows From Financing Activities-31M-9M-7M-38M
Total Cash From Financing Activities-1.11B-443M-355M272M
Effect Of Exchange Rate-5M-1M-5M6M
Change In Cash-438M-268M707M446M
Repurchase Of Stock-35M-147M-147M-147M