Marlborough Wine Estates Group Limited (NZX:MWE) Annual Report 2021



The latest annual report of Marlborough Wine Estates Group Limited (MWE) 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 - MWE Annual Results

Amounts in NZD

Total Revenue
6.74M
Gross Profit
1.29M
EBIT
-883.93k
Net Tangible Assets
21.16M
Net Income
-615.59k
Capital Expenditures
-69.69k

MWE Income Statement 2021 Annual Report

As per the latest Income Statement of MWE, the Net revenue increased by $333192 (5%) compared to the previous period. The operating income in 2021 decreased by $-987287 (-955%). The net income as per the annual report was -615.59k which decreased by $-625552 (-6277%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue6.74M6.4M
Gross Profit1.29M2.16M
Operating Income-883.93k103.36k
Income Before Tax-828.12k17.19k
Net Income-615.59k9.96k

Balance Sheet - MWE 2021 Annual Report

Read further: MWE Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Marlborough Wine Estates Group Limited showed the company increased the cash on balance sheet by $1.47M (578%). The Net tangible assets of MWE on the balance sheet were at 21.16M which is $3.72M (21%) more than previous annual report. The total stockholder equity also increased by $3.71M (21%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash1.73M254.99k
Total Assets31.77M 28.28M
Long Term Debt6.5M6.8M
Total Liabilities10.6M 10.82M
Total Shareholder Equity21.17M17.46M
Net Tangible Assets21.16M17.44M

Cash Flow Statement - MWE 2021 Annual Report

The 2021 annual cash flow statement of Marlborough Wine Estates Group Limited showed that the net income decreased by $-625552 (-6277%) compared to previous reporting period. Also the capital expenditure of MWE increased by $185226 (73%).

As of 2021, the total cash from investing activities was -52.34k and total cash from financing activities was 1.14M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-615.59k9.96k
Capital Expenditures-69.69k-254.92k
Dividends Paid--
Total Cash From From Investing Activities-52.34k-254.92k
Total Cash From From Financing Activities1.14M184.13k

Marlborough Wine Estates Group Limited Annual Report History

Income Statement

Income Statement history of Marlborough Wine Estates Group Limited (NZX:MWE)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue6.74M6.4M5.38M3.98M
Cost Of Revenue5.45M4.24M3.54M2.6M
Gross Profit1.29M2.16M1.84M1.39M
Research Development----
Selling General Administrative2.25M2.16M1.85M1.35M
Non Recurring----
Other Operating Expenses-76.02k-96.99k-96.99k-96.99k
Total Operating Expenses7.62M6.3M5.63M4.35M
Operating Income-883.93k103.36k-246.03k-364.53k
Total Other Income Expense Net55.81k-86.16k-256.89k-1.46M
Ebit-883.93k103.36k-246.03k-364.53k
Interest Expense-273.19k-250.44k-298.62k-290.45k
Income Before Tax-828.12k17.19k-502.93k-1.82M
Income Tax Expense-212.53k7.23k-137.13k-117.03k
Minority Interest----
Net Income From Continuing Ops-615.59k9.96k-365.8k-1.71M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-615.59k9.96k-365.8k-1.71M
Net Income Applicable To Common Shares-615.59k9.96k-365.8k-1.71M

Balance Sheet Statement

Balance Sheet Statement history of Marlborough Wine Estates Group Limited (NZX:MWE)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash1.73M254.99k291.64k684.25k
Net Receivables860.9k1.52M1.4M1.15M
Inventory4.54M4.44M3.3M3.3M
Total Current Assets7.25M6.31M5.07M5.19M
Long Term Investments28.36k72.25k72.25k72.25k
Property Plant Equipment24.41M21.85M14.91M14.7M
Intangible Assets16.68k21.88k29.08k21.12k
Other Assets71.8k20.06k20.06k808.58k
Total Assets31.77M28.28M20.1M20.79M
Accounts Payable1.04M953.37k300.29k305.34k
Short Long Term Debt150k---
Other Current Liab213.59k286.18k76.77k-
Long Term Debt6.5M6.8M392.86k-
Other Liab2.34M2.25M689.61k-
Total Current Liabilities1.52M1.44M6.82M6.63M
Total Liab10.6M10.82M7.97M6.72M
Common Stock16.42M15.17M15.17M15.17M
Retained Earnings-3.7M-3.09M-3.16M-1.2M
Treasury Stock8.25M5.37M108.25k98.15k
Capital Surplus210.89k---
Other Stockholder Equity8.25M5.37M108.25k98.15k
Total Stockholder Equity21.17M17.46M12.12M14.07M
Net Tangible Assets21.16M17.44M12.1M14.05M

Cash Flow Statement

Cash Flow Statement history of Marlborough Wine Estates Group Limited (NZX:MWE)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-615.59k9.96k-365.8k-1.71M
Depreciation692.78k562.17k417.7k583.79k
Change To Netincome-155.87k7.64k-45.67k1.19M
Change To Account Receivables775.2k-158.91k-289.3k931.96k
Change To Liabilities12.36k648.78k71.71k44.24k
Change To Inventory-101.09k-1.14M-1.22k-318.64k
Change To Operating Activities-220.45k95.61k174.93k18.74k
Total Cash From Operating Activities390.28k34.14k-37.64k748.84k
Capital Expenditures-69.69k-254.92k-612.52k-437.6k
Total Cashflows From Investing Activities-52.34k-254.92k-616.82k-436.43k
Net Borrowings-104.65k184.13k262.03k-127.04k
Total Cash From Financing Activities1.14M184.13k262.03k-127.04k
Change In Cash1.47M-36.65k-392.61k185.43k
Issuance Of Stock1.24M1.24M1.24M1.24M
Dividends Paid----