Mercury NZ Limited (NZX:MCY) Annual Report 2021



The latest annual report of Mercury NZ Limited (MCY) was published on 30 Jun 2021. 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 - MCY Annual Results

Amounts in NZD

Total Revenue
2.04B
Gross Profit
463M
EBIT
242M
Net Tangible Assets
4.14B
Net Income
141M
Capital Expenditures
-254M

MCY Income Statement 2021 Annual Report

As per the latest Income Statement of MCY, the Net revenue increased by $277.00M (16%) compared to the previous period. The operating income in 2021 decreased by $-41.00M (-14%). The net income as per the annual report was 141M which decreased by $-68.00M (-33%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue2.04B1.77B
Gross Profit463M490M
Operating Income242M283M
Income Before Tax173M251M
Net Income141M209M

Balance Sheet - MCY 2021 Annual Report

Read further: MCY Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Mercury NZ Limited showed the company increased the cash on balance sheet by $84.00M (106%). The Net tangible assets of MCY on the balance sheet were at 4.14B which is $453.00M (12%) more than previous annual report. The total stockholder equity also increased by $453.00M (12%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash163M79M
Total Assets7.98B 6.88B
Long Term Debt1.04B882M
Total Liabilities3.79B 3.14B
Total Shareholder Equity4.19B3.73B
Net Tangible Assets4.14B3.69B

Cash Flow Statement - MCY 2021 Annual Report

The 2021 annual cash flow statement of Mercury NZ Limited showed that the net income decreased by $-68.00M (-33%) compared to previous reporting period. Also the capital expenditure of MCY decreased by $-59.00M (-30%).

As of 2021, the total cash from investing activities was -296M and total cash from financing activities was 42M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income141M209M
Capital Expenditures-254M-195M
Dividends Paid-221M-214M
Total Cash From From Investing Activities-296M-194M
Total Cash From From Financing Activities42M-173M

Mercury NZ Limited Annual Report History

Income Statement

Income Statement history of Mercury NZ Limited (NZX:MCY)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue2.04B1.77B2B1.8B
Cost Of Revenue1.58B1.28B1.5B1.23B
Gross Profit463M490M506M566M
Research Development----
Selling General Administrative----
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.8B1.49B1.7B1.43B
Operating Income242M283M302M365M
Total Other Income Expense Net-69M-32M128M-40M
Ebit242M283M302M365M
Interest Expense-45M-55M-76M-93M
Income Before Tax173M251M430M325M
Income Tax Expense32M42M73M91M
Minority Interest----
Net Income From Continuing Ops141M209M357M234M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income141M209M357M234M
Net Income Applicable To Common Shares141M209M357M234M

Balance Sheet Statement

Balance Sheet Statement history of Mercury NZ Limited (NZX:MCY)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash163M79M94M5M
Net Receivables320M246M250M220M
Inventory24M22M23M35M
Other Current Assets351M67M43M19M
Total Current Assets875M473M426M300M
Long Term Investments102M367M357M264M
Property Plant Equipment6.83B5.9B5.53B5.37B
Intangible Assets47M47M62M85M
Other Assets126M92M111M87M
Total Assets7.98B6.88B6.48B6.11B
Short Long Term Debt491M468M542M369M
Other Current Liab562M403M275M220M
Long Term Debt1.04B882M718M936M
Other Liab1.63B1.32B1.34B1.26B
Total Current Liabilities1.06B875M821M589M
Total Liab3.79B3.14B2.95B2.8B
Common Stock378M378M378M378M
Retained Earnings214M286M300M164M
Treasury Stock3.59B3.07B2.86B2.76B
Other Stockholder Equity3.69B3.17B2.96B2.86B
Total Stockholder Equity4.19B3.73B3.54B3.31B
Net Tangible Assets4.14B3.69B3.48B3.22B

Cash Flow Statement

Cash Flow Statement history of Mercury NZ Limited (NZX:MCY)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income141M209M357M234M
Depreciation204M188M182M185M
Change To Account Receivables-32M-15M-26M12M
Change To Liabilities42M-31M-17M-7M
Change To Inventory-2M1M4M-1M
Total Cash From Operating Activities338M352M326M376M
Capital Expenditures-254M-195M-93M-94M
Investments41M4M-50M-138M
Other Cashflows From Investing Activities-70M21M-35M-35M
Total Cashflows From Investing Activities-296M-194M63M-260M
Dividends Paid-221M-214M-208M-204M
Net Borrowings263M41M-127M182M
Total Cash From Financing Activities42M-173M-335M-141M
Change In Cash84M-15M89M-25M