Mercury NZ Limited (NZX:MCY) Annual Report 2022



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

Amounts in NZD

Total Revenue
2.19B
Gross Profit
581M
EBIT
288M
Net Tangible Assets
4.67B
Net Income
469M
Capital Expenditures
-114M

MCY Income Statement 2022 Annual Report

As per the latest Income Statement of MCY, the Net revenue increased by $143.00M (7%) compared to the previous period. The operating income in 2022 increased by $46.00M (19%). The net income as per the annual report was 469M which increased by $328.00M (233%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue2.19B2.04B
Gross Profit581M463M
Operating Income288M242M
Income Before Tax510M173M
Net Income469M141M

Balance Sheet - MCY 2022 Annual Report

Read further: MCY Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Mercury NZ Limited showed the company reduced the cash on balance sheet by $-98.00M (-60%). The Net tangible assets of MCY on the balance sheet were at 4.67B which is $531.00M (13%) more than previous annual report. The total stockholder equity also increased by $566.00M (14%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash65M163M
Total Assets9.66B 7.98B
Long Term Debt1.4B1.04B
Total Liabilities4.91B 3.79B
Total Shareholder Equity4.75B4.19B
Net Tangible Assets4.67B4.14B

Cash Flow Statement - MCY 2022 Annual Report

The 2022 annual cash flow statement of Mercury NZ Limited showed that the net income increased by $328.00M (233%) compared to previous reporting period. Also the capital expenditure of MCY increased by $140.00M (55%).

As of 2022, the total cash from investing activities was -534M and total cash from financing activities was 84M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income469M141M
Capital Expenditures-114M-254M
Dividends Paid-232M-221M
Total Cash From From Investing Activities-534M-296M
Total Cash From From Financing Activities84M42M

Mercury NZ Limited Annual Report History

Income Statement

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

30 Jun 202230 Jun 202130 Jun 202030 Jun 2019
Total Revenue2.19B2.04B1.77B2B
Cost Of Revenue1.61B1.58B1.28B1.5B
Gross Profit581M463M490M506M
Research Development----
Selling General Administrative----
Non Recurring----
Other Operating Expenses----
Total Operating Expenses1.9B1.8B1.49B1.7B
Operating Income288M242M283M302M
Total Other Income Expense Net222M-69M-32M128M
Ebit288M242M283M302M
Interest Expense-64M-45M-55M-76M
Income Before Tax510M173M251M430M
Income Tax Expense41M32M42M73M
Minority Interest----
Net Income From Continuing Ops469M141M209M357M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income469M141M209M357M
Net Income Applicable To Common Shares469M141M209M357M

Balance Sheet Statement

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

30 Jun 202230 Jun 202130 Jun 202030 Jun 2019
Cash65M163M79M94M
Net Receivables509M320M246M250M
Inventory94M24M22M23M
Other Current Assets296M351M67M43M
Total Current Assets996M875M473M426M
Long Term Investments97M102M367M357M
Property Plant Equipment8.08B6.83B5.9B5.53B
Intangible Assets82M47M47M62M
Other Assets405M126M92M111M
Total Assets9.66B7.98B6.88B6.48B
Short Long Term Debt586M491M468M542M
Other Current Liab674M562M403M275M
Long Term Debt1.4B1.04B882M718M
Other Liab2.13B1.63B1.32B1.34B
Total Current Liabilities1.27B1.06B875M821M
Total Liab4.91B3.79B3.14B2.95B
Common Stock378M378M378M378M
Retained Earnings516M214M286M300M
Treasury Stock3.86B3.59B3.07B2.86B
Other Stockholder Equity3.91B3.69B3.17B2.96B
Total Stockholder Equity4.75B4.19B3.73B3.54B
Net Tangible Assets4.67B4.14B3.69B3.48B

Cash Flow Statement

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

30 Jun 202230 Jun 202130 Jun 202030 Jun 2019
Net Income469M141M209M357M
Depreciation273M204M188M182M
Change To Netincome-226M-226M-33M-194M
Change To Account Receivables-141M-32M-15M-26M
Change To Liabilities11M42M-31M-17M
Change To Inventory-67M-2M1M4M
Total Cash From Operating Activities352M338M352M326M
Capital Expenditures-114M-254M-195M-93M
Investments10M61M4M-50M
Other Cashflows From Investing Activities91M-70M21M-35M
Total Cashflows From Investing Activities-534M-296M-194M63M
Dividends Paid-232M-221M-214M-208M
Net Borrowings223M263M41M-127M
Total Cash From Financing Activities84M42M-173M-335M
Change In Cash-98M84M-15M89M
Issuance Of Stock93M93M93M93M