Goodman Property Trust (NZX:GMT) Annual Report 2022



The latest annual report of Goodman Property Trust (GMT) was published on 31 Mar 2022. 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 - GMT Annual Results

Amounts in NZD

Total Revenue
187.8M
Gross Profit
141.2M
EBIT
122.3M
Net Tangible Assets
3.66B
Net Income
748.6M
Capital Expenditures
-

GMT Income Statement 2022 Annual Report

As per the latest Income Statement of GMT, the Net revenue increased by $5.80M (3%) compared to the previous period. The operating income in 2022 decreased by $-1.20M (-1%). The net income as per the annual report was 748.6M which increased by $116.90M (19%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue187.8M182M
Gross Profit141.2M140.2M
Operating Income122.3M123.5M
Income Before Tax763.8M648.9M
Net Income748.6M631.7M

Balance Sheet - GMT 2022 Annual Report

Read further: GMT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Goodman Property Trust showed the company increased the cash on balance sheet by $600000 (20%). The Net tangible assets of GMT on the balance sheet were at 3.66B which is $688.20M (23%) more than previous annual report. The total stockholder equity also increased by $688.20M (23%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash3.6M3M
Total Assets4.81B 3.83B
Long Term Debt919.6M734M
Total Liabilities1.16B 862.3M
Total Shareholder Equity3.66B2.97B
Net Tangible Assets3.66B2.97B

Cash Flow Statement - GMT 2022 Annual Report

The 2022 annual cash flow statement of Goodman Property Trust showed that the net income increased by $116.90M (19%) compared to previous reporting period. Also the capital expenditure of GMT increased by $NaN (NaN%).

As of 2022, the total cash from investing activities was -313.8M and total cash from financing activities was 223.6M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income748.6M631.7M
Capital Expenditures--
Dividends Paid-76.1M-78.3M
Total Cash From From Investing Activities-313.8M-157.7M
Total Cash From From Financing Activities223.6M61.9M

Goodman Property Trust Annual Report History

Income Statement

Income Statement history of Goodman Property Trust (NZX:GMT)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue187.8M182M171.8M156.8M
Cost Of Revenue46.6M41.8M37.6M28.4M
Gross Profit141.2M140.2M134.2M128.4M
Research Development----
Selling General Administrative3.2M3M2.6M2.7M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses65.5M58.5M51.6M48.3M
Operating Income122.3M123.5M120.2M108.5M
Total Other Income Expense Net641.5M525.4M164.2M226.3M
Ebit122.3M123.5M120.2M108.5M
Interest Expense-20M-22.5M-22.6M-20.9M
Income Before Tax763.8M648.9M284.4M334.8M
Income Tax Expense15.2M17.2M22.5M15.3M
Minority Interest----
Net Income From Continuing Ops748.6M631.7M261.9M319.5M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income748.6M631.7M261.9M319.5M
Net Income Applicable To Common Shares748.6M631.7M261.9M319.5M

Balance Sheet Statement

Balance Sheet Statement history of Goodman Property Trust (NZX:GMT)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash3.6M3M9M3.1M
Net Receivables4.2M3.2M3M3.7M
Other Current Assets1.3M5.7M5M53.4M
Total Current Assets9.6M11.9M18.6M60.2M
Long Term Investments30.4M30.3M75.1M25M
Property Plant Equipment4.77B3.79B3.07B2.63B
Other Assets1.1M-700k1.9M
Total Assets4.81B3.83B3.17B2.72B
Short Long Term Debt100M-100M-
Other Current Liab28.1M22.8M25.7M44.3M
Long Term Debt919.6M734M539.1M597.2M
Other Liab36M35.4M31.9M26.4M
Total Current Liabilities138.6M30.6M135.2M50.7M
Total Liab1.16B862.3M766.3M674.3M
Common Stock1.63B1.62B1.6B1.42B
Retained Earnings2.01B1.34B785.7M613.2M
Treasury Stock15.7M13.7M11.4M13.9M
Other Stockholder Equity15.7M13.7M11.4M13.9M
Total Stockholder Equity3.66B2.97B2.4B2.05B
Net Tangible Assets3.66B2.97B2.4B2.05B

Cash Flow Statement

Cash Flow Statement history of Goodman Property Trust (NZX:GMT)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income748.6M631.7M261.9M319.5M
Change To Netincome-658.3M-542.6M-187.8M-237.4M
Change To Account Receivables-1M-600k600k-300k
Change To Liabilities----
Change To Operating Activities1M1.7M1.2M-3M
Total Cash From Operating Activities90.8M89.8M75.6M79.2M
Total Cashflows From Investing Activities-313.8M-157.7M-176.1M253.8M
Dividends Paid-76.1M-78.3M-89.4M-86M
Net Borrowings286M136M13M-250M
Total Cash From Financing Activities223.6M61.9M106.4M-334.6M
Change In Cash600k-6M5.9M-1.6M
Issuance Of Stock13.7M11.4M185.9M10.4M
Capital Expenditures----