Restaurant Brands New Zealand Limited (NZX:RBD) Annual Report 2021



The latest annual report of Restaurant Brands New Zealand Limited (RBD) 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 - RBD Annual Results

Amounts in NZD

Total Revenue
1.11B
Gross Profit
202.08M
EBIT
84.21M
Net Tangible Assets
-58.42M
Net Income
51.88M
Capital Expenditures
-82.56M

RBD Income Statement 2021 Annual Report

As per the latest Income Statement of RBD, the Net revenue increased by $189.71M (21%) compared to the previous period. The operating income in 2021 increased by $26.52M (46%). The net income as per the annual report was 51.88M which increased by $21.24M (69%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 1.11B 924.73M
Gross Profit 202.08M 158.67M
Operating Income 84.21M 57.69M
Income Before Tax 65.79M 44.56M
Net Income 51.88M 30.64M

Balance Sheet - RBD 2021 Annual Report

Read further: RBD Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Restaurant Brands New Zealand Limited showed the company increased the cash on balance sheet by $9.49M (27%). The Net tangible assets of RBD on the balance sheet were at -58.42M which is $32.65M (36%) more than previous annual report. The total stockholder equity also increased by $59.89M (26%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 45.16M 35.67M
Total Assets 1.33B 1.18B
Long Term Debt 246.89M 230.28M
Total Liabilities 1.04B 950.31M
Total Shareholder Equity 289.74M 229.85M
Net Tangible Assets -58.42M -91.07M

Cash Flow Statement - RBD 2021 Annual Report

The 2021 annual cash flow statement of Restaurant Brands New Zealand Limited showed that the net income increased by $21.24M (69%) compared to previous reporting period. Also the capital expenditure of RBD decreased by $-23.98M (-41%).

As of 2021, the total cash from investing activities was -109.57M and total cash from financing activities was -10.06M.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 51.88M 30.64M
Capital Expenditures -82.56M -58.59M
Dividends Paid - -
Total Cash From From Investing Activities -109.57M -177.28M
Total Cash From From Financing Activities -10.06M 73.61M

Restaurant Brands New Zealand Limited Annual Report History

Income Statement

Income Statement history of Restaurant Brands New Zealand Limited (NZX:RBD)

31 Dec 2021 31 Dec 2020 31 Dec 2019 25 Feb 2019
Total Revenue 1.11B 924.73M 880.4M 826.4M
Cost Of Revenue 912.36M 766.05M 705.45M 677.18M
Gross Profit 202.08M 158.67M 174.95M 149.22M
Research Development - - - -
Selling General Administrative 114.37M 101.08M 92.17M 83.99M
Non Recurring - - - -
Other Operating Expenses 3.5M -88k 960k 2.04M
Total Operating Expenses 1.03B 867.04M 798.58M 763.21M
Operating Income 84.21M 57.69M 81.82M 63.19M
Total Other Income Expense Net -18.41M -13.12M -30.34M -13.76M
Ebit 84.21M 57.69M 81.82M 63.19M
Interest Expense -36.28M -30.22M -25.76M -6.8M
Income Before Tax 65.79M 44.56M 51.49M 49.44M
Income Tax Expense 13.91M 13.92M 15.38M 13.69M
Minority Interest - - - -
Net Income From Continuing Ops 51.88M 30.64M 36.11M 35.74M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 51.88M 30.64M 36.11M 35.74M
Net Income Applicable To Common Shares 51.88M 30.64M 36.11M 35.74M

Balance Sheet Statement

Balance Sheet Statement history of Restaurant Brands New Zealand Limited (NZX:RBD)

31 Dec 2021 31 Dec 2020 31 Dec 2019 25 Feb 2019
Cash 45.16M 35.67M 34.97M 15.03M
Net Receivables 14.5M 11.35M 6.6M 9.52M
Inventory 22.26M 16.61M 12.41M 10.23M
Total Current Assets 87.88M 72.32M 63.66M 41.14M
Property Plant Equipment 853.27M 745.79M 529.72M 153.4M
Good Will 273.26M 248.45M 227.84M 225.49M
Intangible Assets 74.89M 72.47M 21.23M 23.47M
Other Assets 40.53M 41.12M 37.45M 16.44M
Deferred Long Term Asset Charges 38.71M 39.91M 36.35M 16.3M
Total Assets 1.33B 1.18B 879.9M 460.28M
Accounts Payable 45.44M 41.27M 31.4M 25.52M
Short Long Term Debt 917k 8.06M 101.58M 362k
Other Current Liab 38.28M 38.16M 28.47M 32.08M
Long Term Debt 246.89M 230.28M 54.97M 145.49M
Other Liab 5.79M 3.96M 4.01M 9.73M
Deferred Long Term Liab 60k 65k 70k 133k
Total Current Liabilities 144.36M 144.28M 208.81M 80.38M
Total Liab 1.04B 950.31M 671.91M 235.61M
Common Stock 154.56M 154.56M 154.56M 154.56M
Retained Earnings 137.52M 85.64M 55.33M 72.46M
Treasury Stock -2.35M -10.36M -1.9M -2.35M
Other Stockholder Equity -2.35M -10.36M -1.9M -2.35M
Total Stockholder Equity 289.74M 229.85M 207.99M 224.67M
Net Tangible Assets -58.42M -91.07M -41.08M -24.29M

Cash Flow Statement

Cash Flow Statement history of Restaurant Brands New Zealand Limited (NZX:RBD)

31 Dec 2021 31 Dec 2020 31 Dec 2019 25 Feb 2019
Net Income 51.88M 30.64M 36.11M 35.74M
Depreciation 84.08M 69.02M 60.38M 33.66M
Change To Netincome -8.59M -2.57M -750k -594k
Change To Account Receivables 1.09M -74k 774k -3.54M
Change To Liabilities 7.6M 15.97M 9.15M 3.6M
Change To Inventory -5.53M -3.63M -2.6M 1.73M
Total Cash From Operating Activities 126.38M 111.16M 105.15M 71.26M
Capital Expenditures -82.56M -58.59M -65.73M -33.11M
Other Cashflows From Investing Activities 1.26M 125k 126k 46k
Total Cashflows From Investing Activities -109.57M -177.28M -71.6M -26.73M
Net Borrowings -10.06M 73.61M -9.83M -21.95M
Total Cash From Financing Activities -10.06M 73.61M -9.83M -39.71M
Effect Of Exchange Rate 1.48M -6.93M 201.6k 70k
Change In Cash 9.49M 701k 23.92M 4.89M
Dividends Paid - - - -17.7M