Green Cross Health Limited (NZX:GXH) Annual Report 2022

The latest annual report of Green Cross Health Limited (GXH) 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 - GXH Annual Results

Amounts in NZD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

GXH Income Statement 2022 Annual Report

As per the latest Income Statement of GXH, the Net revenue increased by $99.92M (18%) compared to the previous period. The operating income in 2022 increased by $19.16M (56%). The net income as per the annual report was 24.56M which increased by $7.81M (47%) compared to previous year.

Income Statement Report (2022/2021)

Total Revenue670.33M570.4M
Gross Profit78.55M59.54M
Operating Income53.1M33.94M
Income Before Tax48.05M28.93M
Net Income24.56M16.75M

Balance Sheet - GXH 2022 Annual Report

Read further: GXH Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Green Cross Health Limited showed the company increased the cash on balance sheet by $7.85M (21%). The Net tangible assets of GXH on the balance sheet were at -335k which is $-715000 (-188%) less than previous annual report. The total stockholder equity also increased by $18.28M (13%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

Total Assets408.77M 364.88M
Long Term Debt22.13M22.34M
Total Liabilities234.82M 215.24M
Total Shareholder Equity159.47M141.19M
Net Tangible Assets-335k380k

Cash Flow Statement - GXH 2022 Annual Report

The 2022 annual cash flow statement of Green Cross Health Limited showed that the net income increased by $7.81M (47%) compared to previous reporting period. Also the capital expenditure of GXH increased by $881000 (18%).

As of 2022, the total cash from investing activities was -24.88M and total cash from financing activities was -29.29M.

Cash Flow Statement Report (2022/2021)

Net Income24.56M16.75M
Capital Expenditures-4.09M-4.97M
Dividends Paid-4.31M-4.31M
Total Cash From From Investing Activities-24.88M-13.08M
Total Cash From From Financing Activities-29.29M-54.33M

Green Cross Health Limited Annual Report History

Income Statement

Income Statement history of Green Cross Health Limited (NZX:GXH)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue670.33M570.4M568.53M567.24M
Cost Of Revenue591.77M510.86M506.36M509M
Gross Profit78.55M59.54M62.17M58.24M
Research Development----
Selling General Administrative564k2.21M3.52M21.31M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses617.23M536.46M534.08M538.74M
Operating Income53.1M33.94M34.45M28.5M
Total Other Income Expense Net-5.05M-5.01M-10.81M-1.07M
Interest Expense-6.18M-6.26M-7.46M-1.99M
Income Before Tax48.05M28.93M23.64M27.43M
Income Tax Expense14.29M7.89M6.69M7.34M
Minority Interest14.48M8.45M10.31M9.49M
Net Income From Continuing Ops33.75M21.04M16.95M20.09M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income24.56M16.75M13.49M16.11M
Net Income Applicable To Common Shares24.56M16.75M13.49M16.11M

Balance Sheet Statement

Balance Sheet Statement history of Green Cross Health Limited (NZX:GXH)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Receivables47.31M40.76M43.11M36.08M
Total Current Assets124.63M108.45M111.73M85.53M
Long Term Investments4.72M7.72M6.99M6.4M
Property Plant Equipment103.77M95.87M108.32M22.29M
Good Will156.83M136.01M127.24M126.49M
Intangible Assets2.97M4.81M6.28M11.17M
Other Assets15.85M12.02M16.05M12.91M
Deferred Long Term Asset Charges13.72M12.02M16.05M12.91M
Total Assets408.77M364.88M376.61M264.8M
Accounts Payable34.4M38.23M39.48M33.6M
Short Long Term Debt1.91M2.04M3.36M5.56M
Other Current Liab22.26M15.87M10.15M9.86M
Long Term Debt22.13M22.34M53.11M43.56M
Minority Interest14.48M8.45M10.31M9.49M
Total Current Liabilities133.58M121.78M108.9M87.29M
Total Liab234.82M215.24M241.89M130.85M
Common Stock90.61M90.61M90.61M90.61M
Retained Earnings68.86M50.59M33.8M33.84M
Total Stockholder Equity159.47M141.19M124.41M124.45M
Net Tangible Assets-335k380k-9.11M-13.21M

Cash Flow Statement

Cash Flow Statement history of Green Cross Health Limited (NZX:GXH)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income24.56M16.75M13.49M16.11M
Change To Netincome19.41M6.76M14.89M1.36M
Change To Account Receivables-8.38M4.17M-7.03M655k
Change To Liabilities7.12M15.53M10.68M3.49M
Change To Inventory-1.78M4.33M-1.92M1.4M
Total Cash From Operating Activities65.83M70.94M54.3M31.44M
Capital Expenditures-4.09M-4.97M-7.26M-8.95M
Total Cashflows From Investing Activities-24.88M-13.08M-10.84M-11.63M
Dividends Paid-4.31M-4.31M-10.04M-10.04M
Net Borrowings-16.76M-46.6M-6.42M-105k
Other Cashflows From Financing Activities-8.22M-7.74M-9.8M-3.98M
Total Cash From Financing Activities-29.29M-54.33M-26.26M-14.12M
Change In Cash7.85M3.4M17.25M5.9M