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)

	2021	2020
Total Revenue	350.76M	287.76M
Gross Profit	201.21M	169.25M
Operating Income	49.06M	37.91M
Income Before Tax	46.95M	36.73M
Net Income	33.32M	27.77M

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)

	2021	2020
Cash	39.2M	49.64M
Total Assets	199.48M	211.42M
Long Term Debt	-	-
Total Liabilities	110.33M	124.32M
Total Shareholder Equity	89.15M	87.1M
Net Tangible Assets	88.59M	86.68M

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)

	2021	2020
Net Income	33.32M	27.77M
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 2021	01 Aug 2020	01 Aug 2019	01 Aug 2018
Total Revenue	350.76M	287.76M	287.55M	278.2M
Cost Of Revenue	149.55M	118.51M	115M	107.57M
Gross Profit	201.21M	169.25M	172.55M	170.63M
Research Development	-	-	-	-
Selling General Administrative	152.41M	131.57M	135.53M	133.63M
Non Recurring	-	-	-	-
Other Operating Expenses	-260k	-229k	-802k	-780k
Total Operating Expenses	301.7M	249.86M	249.72M	240.42M
Operating Income	49.06M	37.91M	37.83M	37.78M
Total Other Income Expense Net	-2.11M	-1.18M	1.62M	291k
Ebit	49.06M	37.91M	37.83M	37.78M
Interest Expense	-2.43M	-2.57M	-2.57M	-2.57M
Income Before Tax	46.95M	36.73M	39.44M	38.07M
Income Tax Expense	13.63M	8.96M	10.42M	10.71M
Minority Interest	-	-	-	-
Net Income From Continuing Ops	33.32M	27.77M	29.02M	27.36M
Discontinued Operations	-	-	-	-
Extraordinary Items	-	-	-	-
Effect Of Accounting Charges	-	-	-	-
Other Items	-	-	-	-
Net Income	33.32M	27.77M	29.02M	27.36M
Net Income Applicable To Common Shares	33.32M	27.77M	29.02M	27.36M

Balance Sheet Statement

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

	01 Aug 2021	01 Aug 2020	01 Aug 2019	01 Aug 2018
Cash	39.2M	49.64M	16.51M	17.45M
Net Receivables	239k	2.34M	1.65M	182k
Inventory	27.81M	24.64M	24.01M	20.96M
Other Current Assets	1.01M	310k	1.91M	2.88M
Total Current Assets	69.82M	77.97M	48.61M	45.35M
Property Plant Equipment	119.25M	122.59M	49.54M	36.81M
Intangible Assets	566k	420k	439k	560k
Other Assets	9.85M	10.45M	5.99M	9.4M
Deferred Long Term Asset Charges	6.47M	7.23M	3.02M	940k
Total Assets	199.48M	211.42M	104.58M	92.12M
Accounts Payable	8.83M	12.77M	6.8M	5.51M
Other Current Liab	17.74M	20.3M	18.01M	13.49M
Total Current Liabilities	56.68M	65.69M	29.58M	23.78M
Total Liab	110.33M	124.32M	29.58M	23.78M
Common Stock	29.28M	29.28M	29.28M	29.28M
Retained Earnings	36.34M	39.93M	26.45M	23.02M
Treasury Stock	23.53M	17.89M	19.27M	16.04M
Other Stockholder Equity	25.45M	18.11M	19.57M	17.5M
Total Stockholder Equity	89.15M	87.1M	75M	68.34M
Net Tangible Assets	88.59M	86.68M	74.56M	67.78M
Long Term Debt	-	-	-	-

Cash Flow Statement

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

	01 Aug 2021	01 Aug 2020	01 Aug 2019	01 Aug 2018
Net Income	33.32M	27.77M	29.02M	27.36M
Depreciation	34.87M	31.46M	8.16M	7.65M
Change To Netincome	-808k	-4.16M	-2.09M	390k
Change To Account Receivables	1.58M	2.8M	-2.13M	599k
Change To Liabilities	-5.82M	14.25M	4.61M	-787k
Change To Inventory	-3.17M	-626k	-3.05M	-354k
Total Cash From Operating Activities	61.43M	71.31M	35.99M	35.31M
Capital Expenditures	-7.89M	-11.84M	-20.22M	-9.31M
Other Cashflows From Investing Activities	189k	139k	266k	499k
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	-10.44M	33.14M	-947k	4.9M
Repurchase Of Stock	-1.96M	-1.96M	-1.96M	-800k
Issuance Of Stock	74k	27k	1.29M	606k