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

37.05M

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 $-12.00M (-24%). 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	37.05M	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	-439k	-260k	-229k	-802k
Total Operating Expenses	314.16M	301.7M	249.86M	249.72M
Operating Income	37.05M	49.06M	37.91M	37.83M
Total Other Income Expense Net	-1.97M	-2.11M	-1.18M	1.62M
Ebit	37.05M	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	27.8M	29.28M	29.28M	29.28M
Retained Earnings	36.89M	36.34M	39.93M	26.45M
Treasury Stock	25.75M	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	34.14M	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