Goodman Property Trust (NZX:GMT) Annual Report 2021



The latest annual report of Goodman Property Trust (GMT) 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 - GMT Annual Results

Amounts in NZD

Total Revenue
182M
Gross Profit
140.2M
EBIT
123.5M
Net Tangible Assets
2.97B
Net Income
631.7M
Capital Expenditures
-

GMT Income Statement 2021 Annual Report

As per the latest Income Statement of GMT, the Net revenue increased by $10.20M (6%) compared to the previous period. The operating income in 2021 increased by $3.30M (3%). The net income as per the annual report was 631.7M which increased by $369.80M (141%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue182M171.8M
Gross Profit140.2M134.2M
Operating Income123.5M120.2M
Income Before Tax648.9M284.4M
Net Income631.7M261.9M

Balance Sheet - GMT 2021 Annual Report

Read further: GMT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Goodman Property Trust showed the company reduced the cash on balance sheet by $-6.00M (-67%). The Net tangible assets of GMT on the balance sheet were at 2.97B which is $567.10M (24%) more than previous annual report. The total stockholder equity also increased by $567.10M (24%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash3M9M
Total Assets3.83B 3.17B
Long Term Debt734M539.1M
Total Liabilities862.3M 766.3M
Total Shareholder Equity2.97B2.4B
Net Tangible Assets2.97B2.4B

Cash Flow Statement - GMT 2021 Annual Report

The 2021 annual cash flow statement of Goodman Property Trust showed that the net income increased by $369.80M (141%) compared to previous reporting period. Also the capital expenditure of GMT increased by $NaN (NaN%).

As of 2021, the total cash from investing activities was -157.7M and total cash from financing activities was 61.9M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income631.7M261.9M
Capital Expenditures--
Dividends Paid-78.3M-89.4M
Total Cash From From Investing Activities-157.7M-176.1M
Total Cash From From Financing Activities61.9M106.4M

Goodman Property Trust Annual Report History

Income Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue182M171.8M156.8M190.4M
Cost Of Revenue41.8M37.6M28.4M29.4M
Gross Profit140.2M134.2M128.4M161M
Research Development----
Selling General Administrative3M2.6M2.7M2.6M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses58.5M51.6M48.3M40.3M
Operating Income123.5M120.2M108.5M150.1M
Total Other Income Expense Net525.4M164.2M226.3M57.1M
Ebit123.5M120.2M108.5M150.1M
Interest Expense-22.5M-22.6M-20.9M-25.9M
Income Before Tax648.9M284.4M334.8M207.2M
Income Tax Expense17.2M22.5M15.3M13.2M
Minority Interest----
Net Income From Continuing Ops631.7M261.9M319.5M194M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income631.7M261.9M319.5M194M
Net Income Applicable To Common Shares631.7M261.9M319.5M194M

Balance Sheet Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash3M9M3.1M4.7M
Net Receivables3.2M3M3.7M110.1M
Other Current Assets5.7M5M53.4M245.3M
Total Current Assets11.9M18.6M60.2M360.1M
Long Term Investments30.3M75.1M25M123.2M
Property Plant Equipment3.79B3.07B2.63B2.23B
Total Assets3.83B3.17B2.72B2.72B
Other Current Liab22.8M25.7M44.3M45.8M
Long Term Debt734M539.1M597.2M842.3M
Other Liab35.4M31.9M26.4M30.6M
Total Current Liabilities30.6M135.2M50.7M52.9M
Total Liab862.3M766.3M674.3M925.8M
Common Stock1.62B1.6B1.42B1.41B
Retained Earnings1.34B785.7M613.2M379.7M
Treasury Stock13.7M11.4M13.9M5.3M
Other Stockholder Equity13.7M11.4M13.9M5.3M
Total Stockholder Equity2.97B2.4B2.05B1.79B
Net Tangible Assets2.97B2.4B2.05B1.79B

Cash Flow Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income631.7M261.9M319.5M194M
Change To Netincome-542.8M-187.8M-237.4M-112.5M
Change To Account Receivables-600k600k-300k1.5M
Change To Liabilities---7.1M
Change To Operating Activities1.7M1.2M-3M-3M
Total Cash From Operating Activities89.8M75.6M79.2M89.7M
Total Cashflows From Investing Activities-157.7M-176.1M253.8M-131.6M
Dividends Paid-78.3M-89.4M-86M-85.5M
Net Borrowings136M13M-250M124M
Other Cashflows From Financing Activities-7.2M-3.1M-9M-2.8M
Total Cash From Financing Activities61.9M106.4M-334.6M45.7M
Change In Cash-6M5.9M-1.6M3.8M
Issuance Of Stock11.4M185.9M10.4M10M
Capital Expenditures----