Investore Property Limited (NZX:IPL) Annual Report 2022



The latest annual report of Investore Property Limited (IPL) 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 - IPL Annual Results

Amounts in NZD

Total Revenue
67.92M
Gross Profit
52.54M
EBIT
48.31M
Net Tangible Assets
855.04M
Net Income
118.17M
Capital Expenditures
-278k

IPL Income Statement 2022 Annual Report

As per the latest Income Statement of IPL, the Net revenue increased by $3.41M (5%) compared to the previous period. The operating income in 2022 increased by $1.72M (4%). The net income as per the annual report was 118.17M which decreased by $-43.09M (-27%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue67.92M64.51M
Gross Profit52.54M50.85M
Operating Income48.31M46.59M
Income Before Tax125.81M168.97M
Net Income118.17M161.26M

Balance Sheet - IPL 2022 Annual Report

Read further: IPL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Investore Property Limited showed the company increased the cash on balance sheet by $429000 (6%). The Net tangible assets of IPL on the balance sheet were at 855.04M which is $89.37M (12%) more than previous annual report. The total stockholder equity also increased by $89.37M (12%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash7.23M6.8M
Total Assets1.24B 1.07B
Long Term Debt351.66M278.26M
Total Liabilities383.69M 305.18M
Total Shareholder Equity855.04M765.67M
Net Tangible Assets855.04M765.67M

Cash Flow Statement - IPL 2022 Annual Report

The 2022 annual cash flow statement of Investore Property Limited showed that the net income decreased by $-43.09M (-27%) compared to previous reporting period. Also the capital expenditure of IPL increased by $0 (0%).

As of 2022, the total cash from investing activities was -73.24M and total cash from financing activities was 46.13M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income118.17M161.26M
Capital Expenditures-278k-278k
Dividends Paid-28.81M-27.98M
Total Cash From From Investing Activities-73.24M-140.57M
Total Cash From From Financing Activities46.13M116.21M

Investore Property Limited Annual Report History

Income Statement

Income Statement history of Investore Property Limited (NZX:IPL)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue67.92M64.51M54.42M54.67M
Cost Of Revenue15.38M13.67M10.45M11.31M
Gross Profit52.54M50.85M43.97M43.36M
Research Development----
Selling General Administrative4.23M4.26M3.34M1.97M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses19.61M17.93M13.79M13.28M
Operating Income48.31M46.59M40.62M41.39M
Total Other Income Expense Net77.5M122.38M-6.18M2.72M
Ebit48.31M46.59M40.62M41.39M
Interest Expense-14.26M-13.07M-13.74M-14.57M
Income Before Tax125.81M168.97M34.45M44.11M
Income Tax Expense7.64M7.71M5.83M5.55M
Minority Interest----
Net Income From Continuing Ops118.17M161.26M28.61M38.56M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income118.17M161.26M28.61M38.56M
Net Income Applicable To Common Shares118.17M161.26M28.61M38.56M

Balance Sheet Statement

Balance Sheet Statement history of Investore Property Limited (NZX:IPL)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash7.23M6.8M4.23M5.11M
Net Receivables872k451k543k415k
Other Current Assets2.19M10.86M1.28M20.11M
Total Current Assets10.29M18.11M6.05M25.64M
Long Term Investments667k1.79M2.32M-
Property Plant Equipment1.22B1.04B772.55M742.12M
Other Assets8.01M7.08M5.7M2.12M
Total Assets1.24B1.07B786.62M769.88M
Accounts Payable401k637k274k703k
Short Long Term Debt134k498k231k90k
Other Current Liab2.29M2.82M3.65M2.05M
Long Term Debt351.66M278.26M241.59M321.08M
Other Liab6.96M4.54M--
Total Current Liabilities6.72M7.01M7.28M5.59M
Total Liab383.69M305.18M259.93M326.67M
Common Stock558.29M558.29M455.64M379.61M
Retained Earnings296.38M207.02M73.74M65.83M
Treasury Stock366k357k-2.69M-2.23M
Other Stockholder Equity366k357k-2.69M-2.23M
Total Stockholder Equity855.04M765.67M526.69M443.21M
Net Tangible Assets855.04M765.67M526.69M443.21M

Cash Flow Statement

Cash Flow Statement history of Investore Property Limited (NZX:IPL)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income118.17M161.26M28.61M38.56M
Depreciation66k65k43k1k
Change To Netincome-90.5M-134.47M-11.57M-16.91M
Change To Account Receivables-421k92k-145k-170k
Change To Liabilities-159k-191k1.72M-615k
Change To Operating Activities-733k-178k-601k-324k
Total Cash From Operating Activities27.54M26.93M18.33M21.18M
Capital Expenditures-278k-278k-278k-278k
Other Cashflows From Investing Activities-4.99M-4.99M-4.99M-4.99M
Total Cashflows From Investing Activities-73.24M-140.57M5.63M-5.54M
Dividends Paid-28.81M-27.98M-20.7M-19.68M
Net Borrowings74.93M41.53M-80.17M9.59M
Total Cash From Financing Activities46.13M116.21M-24.84M-12.72M
Change In Cash429k2.57M-882k2.91M