NZME Limited (NZX:NZM) Annual Report 2021



The latest annual report of NZME Limited (NZM) was published on 31 Dec 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 - NZM Annual Results

Amounts in NZD

Total Revenue
348.56M
Gross Profit
71.9M
EBIT
39.84M
Net Tangible Assets
19M
Net Income
34.65M
Capital Expenditures
-6.5M

NZM Income Statement 2021 Annual Report

As per the latest Income Statement of NZM, the Net revenue increased by $26.42M (8%) compared to the previous period. The operating income in 2021 increased by $10.94M (38%). The net income as per the annual report was 34.65M which increased by $19.86M (134%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue348.56M322.14M
Gross Profit71.9M62.57M
Operating Income39.84M28.91M
Income Before Tax42.25M19.21M
Net Income34.65M14.79M

Balance Sheet - NZM 2021 Annual Report

Read further: NZM Balance Sheet Detailed Analysis

The latest balance sheet from annual result of NZME Limited showed the company increased the cash on balance sheet by $1.98M (17%). The Net tangible assets of NZM on the balance sheet were at 19M which is $35.40M (216%) more than previous annual report. The total stockholder equity also increased by $30.82M (24%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash13.54M11.56M
Total Assets312.37M 332.41M
Long Term Debt-45.69M
Total Liabilities155.25M 205.91M
Total Shareholder Equity157.2M126.38M
Net Tangible Assets19M-16.4M

Cash Flow Statement - NZM 2021 Annual Report

The 2021 annual cash flow statement of NZME Limited showed that the net income increased by $19.86M (134%) compared to previous reporting period. Also the capital expenditure of NZM decreased by $-1.51M (-30%).

As of 2021, the total cash from investing activities was 12.85M and total cash from financing activities was -62.71M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income34.65M14.79M
Capital Expenditures-6.5M-5M
Dividends Paid-5.93M-5.93M
Total Cash From From Investing Activities12.85M-4.97M
Total Cash From From Financing Activities-62.71M-53.47M

NZME Limited Annual Report History

Income Statement

Income Statement history of NZME Limited (NZX:NZM)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue348.56M322.14M371.08M388.27M
Cost Of Revenue276.66M259.57M300.34M314.43M
Gross Profit71.9M62.57M70.74M73.84M
Research Development----
Selling General Administrative6.5M5.61M6.72M22.02M
Non Recurring----
Other Operating Expenses-760k-489k-1.11M-516k
Total Operating Expenses308.72M293.23M337.62M360.49M
Operating Income39.84M28.91M33.46M27.78M
Total Other Income Expense Net2.41M-9.7M-193.06M-11.39M
Ebit39.84M28.91M33.46M27.78M
Interest Expense-7.28M-8.25M-9.49M-4.64M
Income Before Tax42.25M19.21M-159.6M16.39M
Income Tax Expense7.82M4.73M5.57M4.82M
Minority Interest-86k125k430k937k
Net Income From Continuing Ops34.43M14.48M-165.17M11.57M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income34.65M14.79M-164.66M11.73M
Net Income Applicable To Common Shares34.65M14.79M-164.66M11.73M

Balance Sheet Statement

Balance Sheet Statement history of NZME Limited (NZX:NZM)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash13.54M11.56M14.42M11.72M
Net Receivables45.18M43.88M52.45M58.02M
Inventory1.91M1.48M1.94M1.87M
Other Current Assets25k2.17M--
Total Current Assets60.65M59.09M68.81M71.61M
Long Term Investments4.44M4.98M4.12M5.36M
Property Plant Equipment98.5M122.58M129.07M55.9M
Intangible Assets138.19M142.77M150.26M259.13M
Other Assets10.59M2.99M1.58M-
Deferred Long Term Asset Charges3.48M1.91M--
Total Assets312.37M332.41M353.84M462.78M
Accounts Payable31.21M25.77M31.13M43.11M
Other Current Liab21.59M22.38M14.78M359k
Minority Interest-86k125k430k937k
Total Current Liabilities69.81M63.7M62.81M52.04M
Total Liab155.25M205.91M237.37M176.14M
Common Stock361.76M361.76M360.77M360.36M
Retained Earnings-209.48M-238.87M-247.71M-77.66M
Treasury Stock4.92M3.48M2.98M3M
Other Stockholder Equity4.92M3.48M2.98M3M
Total Stockholder Equity157.2M126.38M116.04M285.7M
Net Tangible Assets19M-16.4M-34.22M-44.21M
Long Term Debt-45.69M89.15M109.99M

Cash Flow Statement

Cash Flow Statement history of NZME Limited (NZX:NZM)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income34.65M14.79M-164.66M11.73M
Depreciation22.82M23.86M24.63M17.62M
Change To Netincome-11.43M5.08M176.27M-6.44M
Change To Account Receivables-503k7.72M4.03M-2.8M
Change To Liabilities2.81M-1.74M182k-4.82M
Change To Inventory-429k464k-78k61k
Change To Operating Activities182k503k-630k-571k
Total Cash From Operating Activities51.84M55.58M46.97M21.84M
Capital Expenditures-6.5M-5M-11.84M-14.08M
Total Cashflows From Investing Activities12.85M-4.97M-11.72M-14.1M
Dividends Paid-5.93M-5.93M-5.93M-15.68M
Net Borrowings-56.78M-52.98M-32.51M10.5M
Total Cash From Financing Activities-62.71M-53.47M-32.55M-5.6M
Change In Cash1.98M-2.86M2.7M2.15M