Fisher & Paykel Healthcare Corporation Limited (NZX:FPH) Annual Report 2021



The latest annual report of Fisher & Paykel Healthcare Corporation Limited (FPH) was published on 31 Mar 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 - FPH Annual Results

Amounts in NZD

Total Revenue
1.97B
Gross Profit
1.25B
EBIT
712.3M
Net Tangible Assets
1.44B
Net Income
524.2M
Capital Expenditures
-160.2M

FPH Income Statement 2021 Annual Report

As per the latest Income Statement of FPH, the Net revenue increased by $707.50M (56%) compared to the previous period. The operating income in 2021 increased by $333.00M (88%). The net income as per the annual report was 524.2M which increased by $236.90M (82%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue1.97B1.26B
Gross Profit1.25B835.8M
Operating Income712.3M379.3M
Income Before Tax718.2M370.5M
Net Income524.2M287.3M

Balance Sheet - FPH 2021 Annual Report

Read further: FPH Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Fisher & Paykel Healthcare Corporation Limited showed the company increased the cash on balance sheet by $30.20M (45%). The Net tangible assets of FPH on the balance sheet were at 1.44B which is $541.00M (60%) more than previous annual report. The total stockholder equity also increased by $547.10M (56%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash97.3M67.1M
Total Assets2.08B 1.44B
Long Term Debt63.7M23.6M
Total Liabilities554.1M 461.2M
Total Shareholder Equity1.52B973.8M
Net Tangible Assets1.44B899.9M

Cash Flow Statement - FPH 2021 Annual Report

The 2021 annual cash flow statement of Fisher & Paykel Healthcare Corporation Limited showed that the net income increased by $236.90M (82%) compared to previous reporting period. Also the capital expenditure of FPH decreased by $-14.90M (-10%).

As of 2021, the total cash from investing activities was -387.3M and total cash from financing activities was -188M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income524.2M287.3M
Capital Expenditures-160.2M-145.3M
Dividends Paid-161.2M-130.4M
Total Cash From From Investing Activities-387.3M-155.7M
Total Cash From From Financing Activities-188M-159M

Fisher & Paykel Healthcare Corporation Limited Annual Report History

Income Statement

Income Statement history of Fisher & Paykel Healthcare Corporation Limited (NZX:FPH)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue1.97B1.26B1.07B980.8M
Cost Of Revenue725.6M427.9M354.6M330.4M
Gross Profit1.25B835.8M715.8M650.4M
Research Development136.7M118.5M100.4M94.7M
Selling General Administrative396.6M338M304.4M290.9M
Non Recurring----
Other Operating Expenses---5M-5M
Total Operating Expenses1.26B884.4M754.4M711M
Operating Income712.3M379.3M316M269.8M
Total Other Income Expense Net5.9M-8.8M-24.8M-2M
Ebit712.3M379.3M316M269.8M
Interest Expense-5M-3.9M-2.5M-3.7M
Income Before Tax718.2M370.5M291.2M267.8M
Income Tax Expense194M83.2M82M77.6M
Minority Interest----
Net Income From Continuing Ops524.2M287.3M209.2M190.2M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income524.2M287.3M209.2M190.2M
Net Income Applicable To Common Shares524.2M287.3M209.2M190.2M

Balance Sheet Statement

Balance Sheet Statement history of Fisher & Paykel Healthcare Corporation Limited (NZX:FPH)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash97.3M67.1M48.2M31.9M
Short Term Investments280.3M77.7M92.5M100.4M
Net Receivables228.9M223.3M159.3M147.7M
Inventory270.6M146.5M136.1M125.4M
Other Current Assets42.9M4.1M19M18.5M
Total Current Assets920M518.7M455.3M424.2M
Property Plant Equipment882.1M735.3M601.4M476.4M
Intangible Assets80M73.9M61.5M50.4M
Other Assets192.9M107.1M88.1M73.2M
Deferred Long Term Asset Charges81.3M90.7M38.9M34.7M
Total Assets2.08B1.44B1.21B1.03B
Accounts Payable56.7M69.3M55.1M32.7M
Short Long Term Debt500k50.6M200k13.9M
Other Current Liab256.2M115.3M64.4M72.3M
Long Term Debt63.7M23.6M69.3M52.7M
Other Liab33.9M81M39.8M32.6M
Total Current Liabilities427.5M334.6M184.4M178.4M
Total Liab554.1M461.2M293.5M263.7M
Common Stock249.1M225.4M219.2M201.4M
Retained Earnings1.03B686.3M549.2M467.3M
Treasury Stock242.6M62.1M144.8M92.7M
Other Stockholder Equity242.6M62.1M144.8M95.7M
Total Stockholder Equity1.52B973.8M913.2M761.4M
Net Tangible Assets1.44B899.9M851.7M711M

Cash Flow Statement

Cash Flow Statement history of Fisher & Paykel Healthcare Corporation Limited (NZX:FPH)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income524.2M287.3M209.2M190.2M
Depreciation80.5M56.4M37.8M41M
Change To Netincome79.6M1.4M7.5M6.1M
Change To Account Receivables-5.1M-64.8M-11.8M-16.4M
Change To Liabilities65.7M46.9M17.4M6.6M
Change To Inventory-124.1M-10.4M-10.7M9.6M
Total Cash From Operating Activities625.3M321.4M253.3M247.8M
Capital Expenditures-160.2M-145.3M-115.4M-83.2M
Investments-202.6M15M7.5M-100M
Total Cashflows From Investing Activities-387.3M-155.7M-125.7M-198.5M
Dividends Paid-161.2M-130.4M-101M-91.8M
Net Borrowings-10.2M-14.9M-600k21.6M
Total Cash From Financing Activities-188M-159M-113.1M-79.1M
Effect Of Exchange Rate-1M-1.2M600k600k
Change In Cash49M5.5M15.1M-29.8M
Issuance Of Stock3.5M2.3M2.1M1.8M