New Zealand Rural Land Company Limited (NZX:NZL) Annual Report 2022



The latest annual report of New Zealand Rural Land Company Limited (NZL) 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 - NZL Annual Results

Amounts in NZD

Total Revenue
8.21M
Gross Profit
7.58M
EBIT
2.71M
Net Tangible Assets
186.59M
Net Income
39.68M
Capital Expenditures
-181k

NZL Income Statement 2022 Annual Report

As per the latest Income Statement of NZL, the Net revenue increased by $7.62M (1275%) compared to the previous period. The operating income in 2022 increased by $4.82M (229%). The net income as per the annual report was 39.68M which increased by $21.54M (119%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue8.21M597.6k
Gross Profit7.58M478.8k
Operating Income2.71M-2.1M
Income Before Tax39.11M17.51M
Net Income39.68M18.14M

Balance Sheet - NZL 2022 Annual Report

Read further: NZL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of New Zealand Rural Land Company Limited showed the company reduced the cash on balance sheet by $-19.49M (-95%). The Net tangible assets of NZL on the balance sheet were at 186.59M which is $76.34M (69%) more than previous annual report. The total stockholder equity also increased by $76.34M (69%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash1M20.5M
Total Assets289.01M 164.94M
Long Term Debt100.77M54.38M
Total Liabilities102.42M 54.68M
Total Shareholder Equity186.59M110.25M
Net Tangible Assets186.59M110.25M

Cash Flow Statement - NZL 2022 Annual Report

The 2022 annual cash flow statement of New Zealand Rural Land Company Limited showed that the net income increased by $21.54M (119%) compared to previous reporting period. Also the capital expenditure of NZL increased by $0 (0%).

As of 2022, the total cash from investing activities was -102.69M and total cash from financing activities was 79.03M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income39.68M18.14M
Capital Expenditures-181k-181k
Dividends Paid-1.75M-1.75M
Total Cash From From Investing Activities-102.69M-151.43M
Total Cash From From Financing Activities79.03M177.01M

New Zealand Rural Land Company Limited Annual Report History

Income Statement

Income Statement history of New Zealand Rural Land Company Limited (NZX:NZL)

30 Jun 202230 Jun 2021
Total Revenue8.21M597.6k
Cost Of Revenue632k118.8k
Gross Profit7.58M478.8k
Research Development--
Selling General Administrative4.87M2.58M
Non Recurring--
Other Operating Expenses--
Total Operating Expenses5.5M2.7M
Operating Income2.71M-2.1M
Total Other Income Expense Net36.4M19.61M
Ebit2.71M-2.1M
Interest Expense-2.41M-135.6k
Income Before Tax39.11M17.51M
Income Tax Expense-567k-626.4k
Minority Interest--
Net Income From Continuing Ops39.68M18.14M
Discontinued Operations--
Extraordinary Items--
Effect Of Accounting Charges--
Other Items--
Net Income39.68M18.14M
Net Income Applicable To Common Shares39.68M18.14M

Balance Sheet Statement

Balance Sheet Statement history of New Zealand Rural Land Company Limited (NZX:NZL)

30 Jun 202230 Jun 2021
Cash1M20.5M
Net Receivables1.11M422k
Other Current Assets312k269k
Total Current Assets2.42M21.19M
Long Term Investments1.79M-
Property Plant Equipment264.9M137.68M
Other Assets19.9M6.07M
Deferred Long Term Asset Charges1.09M522k
Total Assets289.01M164.94M
Accounts Payable908k308k
Other Current Liab729k-
Long Term Debt100.77M54.38M
Total Current Liabilities1.65M308k
Total Liab102.42M54.68M
Common Stock130.18M95.89M
Retained Earnings52.85M15.12M
Treasury Stock3.56M-754k
Other Stockholder Equity3.56M-754k
Total Stockholder Equity186.59M110.25M
Net Tangible Assets186.59M110.25M

Cash Flow Statement

Cash Flow Statement history of New Zealand Rural Land Company Limited (NZX:NZL)

30 Jun 202230 Jun 2021
Net Income39.68M18.14M
Change To Netincome-35.52M-18.74M
Change To Liabilities649k369.6k
Change To Operating Activities-698k-734.4k
Total Cash From Operating Activities4.17M-991.2k
Capital Expenditures-181k-181k
Total Cashflows From Investing Activities-102.69M-151.43M
Dividends Paid-1.75M-1.75M
Net Borrowings46.51M65.55M
Other Cashflows From Financing Activities-551k-2.84M
Total Cash From Financing Activities79.03M177.01M
Change In Cash-19.49M24.6M
Issuance Of Stock34.82M114.3M