Hallenstein Glasson Holdings Limited (NZX:HLG) Annual Report 2021



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

Amounts in NZD

Total Revenue
350.76M
Gross Profit
201.21M
EBIT
49.06M
Net Tangible Assets
88.59M
Net Income
33.32M
Capital Expenditures
-7.89M

HLG Income Statement 2021 Annual Report

As per the latest Income Statement of HLG, the Net revenue increased by $63.00M (22%) compared to the previous period. The operating income in 2021 increased by $11.15M (29%). The net income as per the annual report was 33.32M which increased by $5.55M (20%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue350.76M287.76M
Gross Profit201.21M169.25M
Operating Income49.06M37.91M
Income Before Tax46.95M36.73M
Net Income33.32M27.77M

Balance Sheet - HLG 2021 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 $-10.44M (-21%). The Net tangible assets of HLG on the balance sheet were at 88.59M which is $1.91M (2%) more than previous annual report. The total stockholder equity also increased by $2.05M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash39.2M49.64M
Total Assets199.48M 211.42M
Long Term Debt--
Total Liabilities110.33M 124.32M
Total Shareholder Equity89.15M87.1M
Net Tangible Assets88.59M86.68M

Cash Flow Statement - HLG 2021 Annual Report

The 2021 annual cash flow statement of Hallenstein Glasson Holdings Limited showed that the net income increased by $5.55M (20%) compared to previous reporting period. Also the capital expenditure of HLG increased by $3.94M (33%).

As of 2021, the total cash from investing activities was -7.59M and total cash from financing activities was -64.28M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income33.32M27.77M
Capital Expenditures-7.89M-11.84M
Dividends Paid-36.98M-14.32M
Total Cash From From Investing Activities-7.59M-6.9M
Total Cash From From Financing Activities-64.28M-31.28M

Hallenstein Glasson Holdings Limited Annual Report History

Income Statement

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

01 Aug 202101 Aug 202001 Aug 201901 Aug 2018
Total Revenue350.76M287.76M287.55M278.2M
Cost Of Revenue149.55M118.51M115M107.57M
Gross Profit201.21M169.25M172.55M170.63M
Research Development----
Selling General Administrative152.41M131.57M135.53M133.63M
Non Recurring----
Other Operating Expenses-260k-229k-802k-780k
Total Operating Expenses301.7M249.86M249.72M240.42M
Operating Income49.06M37.91M37.83M37.78M
Total Other Income Expense Net-2.11M-1.18M1.62M291k
Ebit49.06M37.91M37.83M37.78M
Interest Expense-2.43M-2.57M-2.57M-2.57M
Income Before Tax46.95M36.73M39.44M38.07M
Income Tax Expense13.63M8.96M10.42M10.71M
Minority Interest----
Net Income From Continuing Ops33.32M27.77M29.02M27.36M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income33.32M27.77M29.02M27.36M
Net Income Applicable To Common Shares33.32M27.77M29.02M27.36M

Balance Sheet Statement

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

01 Aug 202101 Aug 202001 Aug 201901 Aug 2018
Cash39.2M49.64M16.51M17.45M
Net Receivables239k2.34M1.65M182k
Inventory27.81M24.64M24.01M20.96M
Other Current Assets1.01M310k1.91M2.88M
Total Current Assets69.82M77.97M48.61M45.35M
Property Plant Equipment119.25M122.59M49.54M36.81M
Intangible Assets566k420k439k560k
Other Assets9.85M10.45M5.99M9.4M
Deferred Long Term Asset Charges6.47M7.23M3.02M940k
Total Assets199.48M211.42M104.58M92.12M
Accounts Payable8.83M12.77M6.8M5.51M
Other Current Liab17.74M20.3M18.01M13.49M
Total Current Liabilities56.68M65.69M29.58M23.78M
Total Liab110.33M124.32M29.58M23.78M
Common Stock29.28M29.28M29.28M29.28M
Retained Earnings36.34M39.93M26.45M23.02M
Treasury Stock23.53M17.89M19.27M16.04M
Other Stockholder Equity25.45M18.11M19.57M17.5M
Total Stockholder Equity89.15M87.1M75M68.34M
Net Tangible Assets88.59M86.68M74.56M67.78M
Long Term Debt----

Cash Flow Statement

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

01 Aug 202101 Aug 202001 Aug 201901 Aug 2018
Net Income33.32M27.77M29.02M27.36M
Depreciation34.87M31.46M8.16M7.65M
Change To Netincome-808k-4.16M-2.09M390k
Change To Account Receivables1.58M2.8M-2.13M599k
Change To Liabilities-5.82M14.25M4.61M-787k
Change To Inventory-3.17M-626k-3.05M-354k
Total Cash From Operating Activities61.43M71.31M35.99M35.31M
Capital Expenditures-7.89M-11.84M-20.22M-9.31M
Other Cashflows From Investing Activities189k139k266k499k
Total Cashflows From Investing Activities-7.59M-6.9M-12.14M-8.32M
Dividends Paid-36.98M-14.32M-26.25M-22.07M
Net Borrowings-25.41M-16.99M-16.99M-16.99M
Total Cash From Financing Activities-64.28M-31.28M-24.8M-22.09M
Change In Cash-10.44M33.14M-947k4.9M
Repurchase Of Stock-1.96M-1.96M-1.96M-800k
Issuance Of Stock74k27k1.29M606k