In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

Livestock Improvement Corporation Limited Balance Sheet Statement - Assets

As of 31 May 2022, The total current assets of Livestock Improvement Corporation Limited (NZX:LIC) was around $134,199,000 which consisted of $64,135,000 of Cash, $12,368,000 of Inventory and $56,841,000 of Net receivables. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, used, or exhausted through standard business operations within one year.

All amounts in NZD

Cash
$64.14M
Current assets
$134.2M
Total assets
$385.61M

The latest balance sheet of Livestock Improvement Corporation Limited also showed $199,542,000 of Property Plant Equipment and $2,348,000 of Good will. Also there were $36,260,000 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $385,610,000.

Livestock Improvement Corporation Limited Balance Sheet Statement - Liabilities

LIC's latest annual results shows the balance sheet has no Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $37,522,000 of Other Current liabilities and $40,964,000 of Total Current Liabilities. Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle.

Account payable
$-
Current liabilities
$40.96M
Total liabilities
$92.55M

As per the 31 May 2022's annual report of Livestock Improvement Corporation Limited, the total liabilities were $92,553,000.

LIC Balance Sheet Statement - Stock Holder Equity

Stockholders' equity, also referred to as shareholders' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings and treasury stock.

The latest Balance sheet of Livestock Improvement Corporation Limited showed the total stock holder equity was $293,057,000 which consisted of $76,737,000 of Common stocks, $169,624,000 of Retained earnings and $46,696,000 of Other stock holder equity.

LIC Balance Sheet Statement History

Following table shows the history of balance sheet for Livestock Improvement Corporation Limited (LIC).

31 May 2022 31 May 2021 31 May 2020 31 May 2019
Cash 64.14M 18.82M 16.49M 4.53M
Net Receivables 56.84M 56.46M 56.87M 63.94M
Inventory 12.37M 11.04M 13.6M 16.36M
Total Current Assets 134.2M 113.47M 87.71M 85.65M
Property Plant Equipment 199.54M 209.9M 210.9M 203.76M
Good Will 2.35M 2.33M 6.5M 6.47M
Intangible Assets 36.26M 42.09M 61.31M 67.31M
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 385.61M 381.13M 379.94M 380.74M
Accounts Payable - - - -
Short/Long Term Debt - - 1.62M 4.66M
Other Current Liabilities 37.52M 30.41M 29.33M 35.12M
Long Term Debt - - - -
Other Liabilities 36.96M 43.04M 42.84M 49.51M
Total Current Liabilities 40.96M 33.38M 34.1M 39.78M
Total Liabilities 92.55M 87.88M 89.7M 89.3M
Common Stock 76.74M 76.74M 78.43M 78.43M
Retained Earnings 169.62M 174.69M 170.72M 169.76M
Treasury Stock 46.7M 41.82M 40.71M 42.99M
Other Stockholder Equity 46.7M 41.82M 40.71M 42.99M
Total Stockholder Equity 293.06M 293.25M 289.86M 291.19M
Net Tangible Assets 254.45M 248.82M 222.05M 217.41M

Livestock Improvement Corporation Limited (NZX:LIC) Balance Sheet Statement FAQ

1. How much Cash Livestock Improvement Corporation Limited has on their balance sheet?

As of 31 May 2022, Livestock Improvement Corporation Limited (NZX:LIC) has $64,135,000 of Cash.

2. What's the long term debt of Livestock Improvement Corporation Limited?

As per the latest Balance sheet of Livestock Improvement Corporation Limited (NZX:LIC), it has no Long term debt.

3. How much share holder equity does Livestock Improvement Corporation Limited has?

The Livestock Improvement Corporation Limited (NZX:LIC)'s balance sheet shows that it has $293,057,000 of Total stock holder equity.