Infratil Limited (NZX:IFT) Annual Report 2022



The latest annual report of Infratil Limited (IFT) 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 - IFT Annual Results

Amounts in NZD

Total Revenue
860.6M
Gross Profit
304.1M
EBIT
-62.7M
Net Tangible Assets
1.79B
Net Income
1.17B
Capital Expenditures
-115.6M

IFT Income Statement 2022 Annual Report

As per the latest Income Statement of IFT, the Net revenue increased by $452.40M (111%) compared to the previous period. The operating income in 2022 increased by $69.70M (53%). The net income as per the annual report was 1.17B which increased by $1.2185B (2477%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue860.6M408.2M
Gross Profit304.1M9.1M
Operating Income-62.7M-132.4M
Income Before Tax128.5M-111.6M
Net Income1.17B-49.2M

Balance Sheet - IFT 2022 Annual Report

Read further: IFT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Infratil Limited showed the company increased the cash on balance sheet by $717.20M (536%). The Net tangible assets of IFT on the balance sheet were at 1.79B which is $-31.90M (-2%) less than previous annual report. The total stockholder equity also increased by $1.0699B (40%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash851M133.8M
Total Assets9.85B 9.55B
Long Term Debt2.89B3.06B
Total Liabilities4.71B 5.46B
Total Shareholder Equity3.71B2.64B
Net Tangible Assets1.79B1.82B

Cash Flow Statement - IFT 2022 Annual Report

The 2022 annual cash flow statement of Infratil Limited showed that the net income increased by $1.2185B (2477%) compared to previous reporting period. Also the capital expenditure of IFT increased by $344.20M (75%).

As of 2022, the total cash from investing activities was 164.6M and total cash from financing activities was 122.7M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income1.17B-49.2M
Capital Expenditures-115.6M-459.8M
Dividends Paid-121.8M-117.7M
Total Cash From From Investing Activities164.6M-1.35B
Total Cash From From Financing Activities122.7M940.3M

Infratil Limited Annual Report History

Income Statement

Income Statement history of Infratil Limited (NZX:IFT)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue860.6M408.2M1.1B1.34B
Cost Of Revenue556.5M399.1M--
Gross Profit304.1M9.1M1.1B1.34B
Research Development----
Selling General Administrative275.3M81.1M88M90.8M
Non Recurring----
Other Operating Expenses--881.5M905M
Total Operating Expenses923.3M540.6M1.04B1.16B
Operating Income-62.7M-132.4M58.4M177.6M
Total Other Income Expense Net191.2M20.8M-43.7M-41.2M
Ebit-62.7M-132.4M58.4M177.6M
Interest Expense-165.9M-138.8M-148.1M-155.3M
Income Before Tax128.5M-111.6M14.7M136.4M
Income Tax Expense22.6M-9.7M9.5M72M
Minority Interest1.43B1.45B1.21B1.1B
Net Income From Continuing Ops105.9M-101.9M5.2M64.4M
Discontinued Operations1.13B85.9M479M-12M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income1.17B-49.2M241.2M-19.5M
Net Income Applicable To Common Shares1.17B-49.2M241.2M-19.5M

Balance Sheet Statement

Balance Sheet Statement history of Infratil Limited (NZX:IFT)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash851M133.8M730.3M414.3M
Net Receivables185.5M333M184.1M49.2M
Inventory2M1.9M--
Other Current Assets260.1M2.33B18.9M539.6M
Total Current Assets1.3B2.8B933.3M1.18B
Long Term Investments2.23B1.69B2.03B936.6M
Property Plant Equipment3.56B3.35B4.12B4.2B
Good Will1.81B752.7M113.1M113.1M
Intangible Assets121.3M74M35.1M33.6M
Other Assets837.3M880.1M350.9M266M
Total Assets9.85B9.55B7.59B6.73B
Accounts Payable445.9M305.8M227.3M274.5M
Short Long Term Debt536.7M345.9M159.7M583.2M
Other Current Liab108.6M1B12.6M187.7M
Long Term Debt2.89B3.06B3.08B2.39B
Other Liab479.2M547.1M522.4M553.7M
Minority Interest1.43B1.45B1.21B1.1B
Total Current Liabilities1.11B1.67B421.4M1.05B
Total Liab4.71B5.46B4.25B3.99B
Common Stock1.06B1.05B754.9M361.8M
Retained Earnings2.03B735.5M902.4M702.7M
Treasury Stock629.4M859.5M474.9M581.5M
Other Stockholder Equity629.4M859.5M474.9M581.5M
Total Stockholder Equity3.71B2.64B2.13B1.65B
Net Tangible Assets1.79B1.82B1.98B1.5B

Cash Flow Statement

Cash Flow Statement history of Infratil Limited (NZX:IFT)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income1.17B-49.2M241.2M-19.5M
Depreciation142.7M127.2M157.3M188.2M
Change To Netincome-1.25B-93.1M-250.8M78.6M
Change To Account Receivables48.6M-64.5M24.7M-83.4M
Change To Liabilities-10M-1.3M51.2M5.7M
Change To Inventory-200k-200k1.2M200k
Change To Operating Activities-42.5M208.4M-108.9M129.8M
Total Cash From Operating Activities82.8M91.4M100M276.9M
Capital Expenditures-115.6M-459.8M-467.7M-258.2M
Investments-225.5M14M-943.1M-64M
Other Cashflows From Investing Activities16.4M-91.9M8.9M-2.7M
Total Cashflows From Investing Activities164.6M-1.35B-830.2M-429.6M
Dividends Paid-121.8M-117.7M-113.7M-95.1M
Net Borrowings-45.5M704.6M856M351.7M
Other Cashflows From Financing Activities296.7M59.3M-108.4M-36.5M
Total Cash From Financing Activities122.7M940.3M1.03B220.1M
Effect Of Exchange Rate-4.3M36.9M-10.4M-4M
Change In Cash717.2M-596.5M316M33.8M
Repurchase Of Stock-6.7M-6.7M-3.7M-3.7M