Precinct Properties New Zealand Limited (NZX:PCT) Annual Report 2021



The latest annual report of Precinct Properties New Zealand Limited (PCT) 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 - PCT Annual Results

Amounts in NZD

Total Revenue
199.8M
Gross Profit
127.7M
EBIT
103.8M
Net Tangible Assets
2.21B
Net Income
187.7M
Capital Expenditures
-

PCT Income Statement 2021 Annual Report

As per the latest Income Statement of PCT, the Net revenue increased by $48.00M (32%) compared to the previous period. The operating income in 2021 increased by $17.40M (20%). The net income as per the annual report was 187.7M which increased by $157.50M (522%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue199.8M151.8M
Gross Profit127.7M105.8M
Operating Income103.8M86.4M
Income Before Tax146M33.2M
Net Income187.7M30.2M

Balance Sheet - PCT 2021 Annual Report

Read further: PCT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Precinct Properties New Zealand Limited showed the company increased the cash on balance sheet by $500000 (6%). The Net tangible assets of PCT on the balance sheet were at 2.21B which is $322.10M (17%) more than previous annual report. The total stockholder equity also increased by $312.20M (16%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash8.3M7.8M
Total Assets3.46B 3.19B
Long Term Debt922M1.11B
Total Liabilities1.24B 1.28B
Total Shareholder Equity2.22B1.91B
Net Tangible Assets2.21B1.89B

Cash Flow Statement - PCT 2021 Annual Report

The 2021 annual cash flow statement of Precinct Properties New Zealand Limited showed that the net income increased by $157.50M (522%) compared to previous reporting period. Also the capital expenditure of PCT increased by $NaN (NaN%).

As of 2021, the total cash from investing activities was -93.2M and total cash from financing activities was 229.7M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income187.7M30.2M
Capital Expenditures--
Dividends Paid-84.7M-81.8M
Total Cash From From Investing Activities-93.2M-238.5M
Total Cash From From Financing Activities229.7M156.7M

Precinct Properties New Zealand Limited Annual Report History

Income Statement

Income Statement history of Precinct Properties New Zealand Limited (NZX:PCT)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue199.8M151.8M135.7M130.7M
Cost Of Revenue72.1M46M40.4M35.4M
Gross Profit127.7M105.8M95.3M95.3M
Research Development----
Selling General Administrative----
Non Recurring----
Other Operating Expenses17.5M13.3M15.8M10.2M
Total Operating Expenses96M65.4M56.5M45.6M
Operating Income103.8M86.4M79.2M85.1M
Total Other Income Expense Net42.2M-53.2M121.5M193.1M
Ebit103.8M86.4M79.2M85.1M
Interest Expense-7.3M-26.4M-25.3M-10.1M
Income Before Tax146M33.2M200.7M278.2M
Income Tax Expense-41.7M3M10.5M23.3M
Minority Interest----
Net Income From Continuing Ops187.7M30.2M190.2M254.9M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income187.7M30.2M190.2M254.9M
Net Income Applicable To Common Shares187.7M30.2M190.2M254.9M

Balance Sheet Statement

Balance Sheet Statement history of Precinct Properties New Zealand Limited (NZX:PCT)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash8.3M7.8M6.9M2.9M
Net Receivables15.9M16.1M17.4M7.4M
Other Current Assets11.4M--191.2M
Total Current Assets35.6M23.9M24.3M201.5M
Long Term Investments25.1M76M25.7M23M
Property Plant Equipment3.36B3.04B2.8B2.33B
Good Will6.9M16.5M16.5M-
Intangible Assets2.1M2.4M2.7M-
Other Assets29M28M18.5M11.5M
Deferred Long Term Asset Charges7.4M---
Total Assets3.46B3.19B2.89B2.56B
Accounts Payable6.1M6.9M6.5M3.7M
Short Long Term Debt225M1.7M1.2M900k
Other Current Liab17.5M57M59.2M21.8M
Long Term Debt922M1.11B822.5M794.6M
Total Current Liabilities276.7M86.5M75.6M36.1M
Total Liab1.24B1.28B936.2M871M
Common Stock1.41B1.2B1.2B1.05B
Retained Earnings807.8M712.5M759.2M644M
Treasury Stock300k---
Other Stockholder Equity300k---
Total Stockholder Equity2.22B1.91B1.96B1.69B
Net Tangible Assets2.21B1.89B1.94B1.69B

Cash Flow Statement

Cash Flow Statement history of Precinct Properties New Zealand Limited (NZX:PCT)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income187.7M30.2M190.2M254.9M
Depreciation6.7M6.4M400k400k
Change To Netincome-337.5M60.9M-115.3M-178.3M
Change To Account Receivables-2.9M500k-3.3M-100k
Change To Liabilities----
Change To Operating Activities-1.6M-11.4M-8M-11.5M
Total Cash From Operating Activities-136M82.7M64.2M74.9M
Other Cashflows From Investing Activities-5.9M-6.1M-1.1M-3M
Total Cashflows From Investing Activities-93.2M-238.5M-93.5M-305.9M
Dividends Paid-84.7M-81.8M-75.1M-69.6M
Net Borrowings97.8M238.6M-40.9M299.2M
Other Cashflows From Financing Activities-3.4M-100k-2.6M-2.6M
Total Cash From Financing Activities229.7M156.7M33.3M229.6M
Change In Cash500k900k4M-1.4M
Issuance Of Stock220M220M151.9M151.9M
Capital Expenditures----