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 202231 May 202131 May 202031 May 2019
Cash64.14M18.82M16.49M4.53M
Net Receivables56.84M56.46M56.87M63.94M
Inventory12.37M11.04M13.6M16.36M
Total Current Assets134.2M113.47M87.71M85.65M
Property Plant Equipment199.54M209.9M210.9M203.76M
Good Will2.35M2.33M6.5M6.47M
Intangible Assets36.26M42.09M61.31M67.31M
Other Assets----
Deferred Long Term Asset Charges----
Total Assets385.61M381.13M379.94M380.74M
Accounts Payable----
Short/Long Term Debt--1.62M4.66M
Other Current Liabilities37.52M30.41M29.33M35.12M
Long Term Debt----
Other Liabilities36.96M43.04M42.84M49.51M
Total Current Liabilities40.96M33.38M34.1M39.78M
Total Liabilities92.55M87.88M89.7M89.3M
Common Stock76.74M76.74M78.43M78.43M
Retained Earnings169.62M174.69M170.72M169.76M
Treasury Stock46.7M41.82M40.71M42.99M
Other Stockholder Equity46.7M41.82M40.71M42.99M
Total Stockholder Equity293.06M293.25M289.86M291.19M
Net Tangible Assets254.45M248.82M222.05M217.41M

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.