Hallenstein Glasson Holdings Limited (NZX:HLG) Annual Report 2022



The latest annual report of Hallenstein Glasson Holdings Limited (HLG) was published on 01 Aug 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 - HLG Annual Results

Amounts in NZD

Total Revenue
351.21M
Gross Profit
202.26M
EBIT
36.87M
Net Tangible Assets
89.85M
Net Income
25.61M
Capital Expenditures
-8.28M

HLG Income Statement 2022 Annual Report

As per the latest Income Statement of HLG, the Net revenue increased by $455000 (0%) compared to the previous period. The operating income in 2022 decreased by $-12.19M (-25%). The net income as per the annual report was 25.61M which decreased by $-7.71M (-23%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 351.21M 350.76M
Gross Profit 202.26M 201.21M
Operating Income 36.87M 49.06M
Income Before Tax 35.09M 46.95M
Net Income 25.61M 33.32M

Balance Sheet - HLG 2022 Annual Report

Read further: HLG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Hallenstein Glasson Holdings Limited showed the company reduced the cash on balance sheet by $-4.09M (-10%). The Net tangible assets of HLG on the balance sheet were at 89.85M which is $1.26M (1%) more than previous annual report. The total stockholder equity also increased by $1.30M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 35.11M 39.2M
Total Assets 205.19M 199.48M
Long Term Debt - -
Total Liabilities 114.74M 110.33M
Total Shareholder Equity 90.45M 89.15M
Net Tangible Assets 89.85M 88.59M

Cash Flow Statement - HLG 2022 Annual Report

The 2022 annual cash flow statement of Hallenstein Glasson Holdings Limited showed that the net income decreased by $-7.71M (-23%) compared to previous reporting period. Also the capital expenditure of HLG decreased by $-391000 (-5%).

As of 2022, the total cash from investing activities was -8.17M and total cash from financing activities was -48.41M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 25.61M 33.32M
Capital Expenditures -8.28M -7.89M
Dividends Paid -25.05M -36.98M
Total Cash From From Investing Activities -8.17M -7.59M
Total Cash From From Financing Activities -48.41M -64.28M

Hallenstein Glasson Holdings Limited Annual Report History

Income Statement

Income Statement history of Hallenstein Glasson Holdings Limited (NZX:HLG)

01 Aug 2022 01 Aug 2021 01 Aug 2020 01 Aug 2019
Total Revenue 351.21M 350.76M 287.76M 287.55M
Cost Of Revenue 148.95M 149.55M 118.51M 115M
Gross Profit 202.26M 201.21M 169.25M 172.55M
Research Development - - - -
Selling General Administrative 165.65M 152.41M 131.57M 135.53M
Non Recurring - - - -
Other Operating Expenses -249k -260k -229k -802k
Total Operating Expenses 314.35M 301.7M 249.86M 249.72M
Operating Income 36.87M 49.06M 37.91M 37.83M
Total Other Income Expense Net -1.78M -2.11M -1.18M 1.62M
Ebit 36.87M 49.06M 37.91M 37.83M
Interest Expense -2.15M -2.43M -2.57M -2.57M
Income Before Tax 35.09M 46.95M 36.73M 39.44M
Income Tax Expense 9.48M 13.63M 8.96M 10.42M
Minority Interest - - - -
Net Income From Continuing Ops 25.61M 33.32M 27.77M 29.02M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 25.61M 33.32M 27.77M 29.02M
Net Income Applicable To Common Shares 25.61M 33.32M 27.77M 29.02M

Balance Sheet Statement

Balance Sheet Statement history of Hallenstein Glasson Holdings Limited (NZX:HLG)

01 Aug 2022 01 Aug 2021 01 Aug 2020 01 Aug 2019
Cash 35.11M 39.2M 49.64M 16.51M
Net Receivables 1.04M 239k 2.34M 1.65M
Inventory 33.44M 27.81M 24.64M 24.01M
Other Current Assets 1.43M 1.01M 310k 1.91M
Total Current Assets 76.3M 69.82M 77.97M 48.61M
Property Plant Equipment 117.56M 119.25M 122.59M 49.54M
Intangible Assets 601k 566k 420k 439k
Other Assets 10.74M 9.85M 10.45M 5.99M
Deferred Long Term Asset Charges 7.36M 6.47M 7.23M 3.02M
Total Assets 205.19M 199.48M 211.42M 104.58M
Accounts Payable 13.29M 8.83M 12.77M 6.8M
Other Current Liab 16.79M 17.74M 20.3M 18.01M
Total Current Liabilities 61.99M 56.68M 65.69M 29.58M
Total Liab 114.74M 110.33M 124.32M 29.58M
Common Stock 29.28M 29.28M 29.28M 29.28M
Retained Earnings 36.89M 36.34M 39.93M 26.45M
Treasury Stock 24.28M 23.53M 17.89M 19.27M
Other Stockholder Equity 25.75M 25.45M 18.11M 19.57M
Total Stockholder Equity 90.45M 89.15M 87.1M 75M
Net Tangible Assets 89.85M 88.59M 86.68M 74.56M
Long Term Debt - - - -

Cash Flow Statement

Cash Flow Statement history of Hallenstein Glasson Holdings Limited (NZX:HLG)

01 Aug 2022 01 Aug 2021 01 Aug 2020 01 Aug 2019
Net Income 25.61M 33.32M 27.77M 29.02M
Depreciation 33.82M 34.87M 31.46M 8.16M
Change To Netincome -543k -808k -4.16M -2.09M
Change To Account Receivables -3.94M 1.58M 2.8M -2.13M
Change To Liabilities 8.04M -5.82M 14.25M 4.61M
Change To Inventory -5.63M -3.17M -626k -3.05M
Total Cash From Operating Activities 52.49M 61.43M 71.31M 35.99M
Capital Expenditures -8.28M -7.89M -11.84M -20.22M
Other Cashflows From Investing Activities 49k 189k 139k 266k
Total Cashflows From Investing Activities -8.17M -7.59M -6.9M -12.14M
Dividends Paid -25.05M -36.98M -14.32M -26.25M
Net Borrowings -23.76M -25.41M -16.99M -16.99M
Total Cash From Financing Activities -48.41M -64.28M -31.28M -24.8M
Change In Cash -4.09M -10.44M 33.14M -947k
Issuance Of Stock 407k 74k 27k 1.29M