Kiwi Property Group Limited (NZX:KPG) Annual Report 2022



The latest annual report of Kiwi Property Group Limited (KPG) 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 - KPG Annual Results

Amounts in NZD

Total Revenue
246.83M
Gross Profit
188.88M
EBIT
163.05M
Net Tangible Assets
2.27B
Net Income
224.27M
Capital Expenditures
-

KPG Income Statement 2022 Annual Report

As per the latest Income Statement of KPG, the Net revenue increased by $12.85M (5%) compared to the previous period. The operating income in 2022 increased by $11.01M (7%). The net income as per the annual report was 224.27M which increased by $27.74M (14%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue246.83M233.98M
Gross Profit188.88M175.12M
Operating Income163.05M152.04M
Income Before Tax260.65M222.41M
Net Income224.27M196.53M

Balance Sheet - KPG 2022 Annual Report

Read further: KPG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Kiwi Property Group Limited showed the company reduced the cash on balance sheet by $-4.44M (-28%). The Net tangible assets of KPG on the balance sheet were at 2.27B which is $136.83M (6%) more than previous annual report. The total stockholder equity also increased by $136.83M (6%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash11.6M16.04M
Total Assets3.59B 3.37B
Long Term Debt1.14B943.16M
Total Liabilities1.32B 1.23B
Total Shareholder Equity2.27B2.13B
Net Tangible Assets2.27B2.13B

Cash Flow Statement - KPG 2022 Annual Report

The 2022 annual cash flow statement of Kiwi Property Group Limited showed that the net income increased by $27.74M (14%) compared to previous reporting period. Also the capital expenditure of KPG increased by $NaN (NaN%).

As of 2022, the total cash from investing activities was -115.72M and total cash from financing activities was -4.32M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income224.27M196.53M
Capital Expenditures--
Dividends Paid-89.42M-34.49M
Total Cash From From Investing Activities-115.72M-116.81M
Total Cash From From Financing Activities-4.32M4.38M

Kiwi Property Group Limited Annual Report History

Income Statement

Income Statement history of Kiwi Property Group Limited (NZX:KPG)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue246.83M233.98M243.62M237.49M
Cost Of Revenue57.95M58.86M54.52M54.62M
Gross Profit188.88M175.12M189.1M182.86M
Research Development----
Selling General Administrative25.83M23.09M22.56M20.88M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses83.78M81.95M77.08M75.5M
Operating Income163.05M152.04M166.54M161.99M
Total Other Income Expense Net97.6M70.38M-336.67M129k
Ebit163.05M152.04M166.54M161.99M
Interest Expense-19.9M-29.65M-46.88M-48.66M
Income Before Tax260.65M222.41M-170.12M162.12M
Income Tax Expense36.38M25.88M16.57M24.02M
Minority Interest----
Net Income From Continuing Ops224.27M196.53M-186.69M138.09M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income224.27M196.53M-186.69M138.09M
Net Income Applicable To Common Shares224.27M196.53M-186.69M138.09M

Balance Sheet Statement

Balance Sheet Statement history of Kiwi Property Group Limited (NZX:KPG)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash11.6M16.04M21.25M9.92M
Net Receivables1.28M5.42M5.75M8.66M
Other Current Assets215.81M362.62M6.18M4.54M
Total Current Assets228.69M384.08M33.18M23.12M
Long Term Investments3.6M2.82M4.19M1.67M
Property Plant Equipment3.25B2.91B3.06B3.15B
Other Assets114.2M68.3M60M58.15M
Total Assets3.59B3.37B3.16B3.24B
Accounts Payable35M31.31M24.26M27.91M
Short Long Term Debt175k125.66M104k166.34M
Other Current Liab10.6M4.36M2.52M9.18M
Long Term Debt1.14B943.16M1.04B861.65M
Other Liab108.46M94.52M83.22M88.54M
Total Current Liabilities73.82M190.34M56.4M235.36M
Total Liab1.32B1.23B1.18B1.19B
Common Stock1.66B1.66B1.66B1.45B
Retained Earnings606.13M470.98M308.94M600.63M
Treasury Stock1.99M1.89M1.6M602k
Other Stockholder Equity1.99M1.89M1.6M602k
Total Stockholder Equity2.27B2.13B1.97B2.05B
Net Tangible Assets2.27B2.13B1.97B2.05B

Cash Flow Statement

Cash Flow Statement history of Kiwi Property Group Limited (NZX:KPG)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income224.27M196.53M-186.69M138.09M
Change To Netincome-142.19M-103.63M300.06M-48.38M
Change To Account Receivables4.11M92k1.27M1.06M
Change To Liabilities9.69M-258k-6.82M2.92M
Total Cash From Operating Activities115.6M107.22M107.36M100.04M
Total Cashflows From Investing Activities-115.72M-116.81M-197.14M-103.77M
Dividends Paid-89.42M-34.49M-87.46M-81.46M
Net Borrowings85.11M38.88M6.91M85.83M
Total Cash From Financing Activities-4.32M4.38M101.11M2.96M
Change In Cash-4.44M-5.21M11.33M-774k
Capital Expenditures----