Stride Property Group (NZX:SPG) Annual Report 2018
The latest annual report of Stride Property Group (SPG) was published on 31 Mar 2018. 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 - SPG Annual Results
Amounts in NZD
SPG Income Statement 2018 Annual Report
As per the latest Income Statement of SPG, the Net revenue increased by $9.54M (12%) compared to the previous period. The operating income in 2018 increased by $6.67M (11%). The net income as per the annual report was 95.25M which increased by $41.92M (79%) compared to previous year.
Income Statement Report (2018/2017)
| 2018 | 2017 | |
|---|---|---|
| Total Revenue | 88.01M | 78.46M |
| Gross Profit | 80.32M | 71.83M |
| Operating Income | 66.5M | 59.83M |
| Income Before Tax | 100.8M | 62.07M |
| Net Income | 95.25M | 53.33M |
Balance Sheet - SPG 2018 Annual Report
Read further: SPG Balance Sheet Detailed Analysis
The latest balance sheet from annual result of Stride Property Group showed the company increased the cash on balance sheet by $4.04M (68%). The Net tangible assets of SPG on the balance sheet were at 664.22M which is $57.25M (9%) more than previous annual report. The total stockholder equity also increased by $58.27M (10%) compared to previous reporting period.
Balance Sheet Statement Report (2018/2017)
| 2018 | 2017 | |
|---|---|---|
| Cash | 10.01M | 5.96M |
| Total Assets | 1.01B | 994.66M |
| Long Term Debt | 310.96M | 353.93M |
| Total Liabilities | 344.6M | 386.8M |
| Total Shareholder Equity | 665.32M | 607.04M |
| Net Tangible Assets | 664.22M | 606.97M |
Cash Flow Statement - SPG 2018 Annual Report
The 2018 annual cash flow statement of Stride Property Group showed that the net income increased by $41.92M (79%) compared to previous reporting period. Also the capital expenditure of SPG increased by $NaN (NaN%).
As of 2018, the total cash from investing activities was 40.81M and total cash from financing activities was -75.79M.
Cash Flow Statement Report (2018/2017)
| 2018 | 2017 | |
|---|---|---|
| Net Income | 95.25M | 53.33M |
| Capital Expenditures | - | - |
| Dividends Paid | -35.99M | -37.5M |
| Total Cash From From Investing Activities | 40.81M | 28.75M |
| Total Cash From From Financing Activities | -75.79M | -62.8M |
Stride Property Group Annual Report History
Income Statement
Income Statement history of Stride Property Group (NZX:SPG)
| 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 | |
|---|---|---|---|---|
| Total Revenue | 88.01M | 78.46M | 68.04M | 62.19M |
| Cost Of Revenue | 7.68M | 6.63M | 4.46M | 3.5M |
| Gross Profit | 80.32M | 71.83M | 63.59M | 58.69M |
| Research Development | - | - | - | - |
| Selling General Administrative | 13.83M | 12M | 8.19M | 6.12M |
| Non Recurring | - | - | - | - |
| Other Operating Expenses | - | - | - | - |
| Total Operating Expenses | 21.51M | 18.64M | 12.64M | 9.62M |
| Operating Income | 66.5M | 59.83M | 55.4M | 52.57M |
| Total Other Income Expense Net | 34.3M | 2.25M | 43.15M | 24.72M |
| Ebit | 66.5M | 59.83M | 55.4M | 52.57M |
| Interest Expense | -16.66M | -17.16M | -15.37M | -13.26M |
| Income Before Tax | 100.8M | 62.07M | 98.55M | 77.29M |
| Income Tax Expense | 5.54M | 7.87M | 9.12M | 8.45M |
| Minority Interest | 1.83M | 814k | 814k | 814k |
| Net Income From Continuing Ops | 95.25M | 54.2M | 89.43M | 68.83M |
| Discontinued Operations | - | -869k | 2.97M | 2.97M |
| Extraordinary Items | - | - | - | - |
| Effect Of Accounting Charges | - | - | - | - |
| Other Items | - | - | - | - |
| Net Income | 95.25M | 53.33M | 92.41M | 68.83M |
| Net Income Applicable To Common Shares | 95.25M | 53.33M | 92.41M | 68.83M |
Balance Sheet Statement
Balance Sheet Statement history of Stride Property Group (NZX:SPG)
| 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 | |
|---|---|---|---|---|
| Cash | 10.01M | 5.96M | 5.09M | 4.43M |
| Net Receivables | 1.89M | 1.85M | 980k | 654k |
| Inventory | 36.28M | 36.25M | 10.69M | 685k |
| Other Current Assets | 408k | 489k | 58.93M | 12.88M |
| Total Current Assets | 48.58M | 44.55M | 75.68M | 18.65M |
| Long Term Investments | 89.98M | 85.34M | 1.94M | 1.36M |
| Property Plant Equipment | 868.7M | 861.3M | 1.22B | 860.63M |
| Intangible Assets | 1.1M | 74k | - | 3M |
| Other Assets | 3.4M | 3.4M | - | 126k |
| Total Assets | 1.01B | 994.66M | 1.3B | 883.76M |
| Accounts Payable | 2.97M | 3.6M | 5.41M | 1.9M |
| Short Long Term Debt | 315.58M | 355.19M | 546.72M | 309.82M |
| Other Current Liab | 5.48M | 8.74M | 4.62M | 14.9M |
| Long Term Debt | 310.96M | 353.93M | 546.07M | 309.77M |
| Other Liab | 13.43M | 14.17M | 14.24M | 15.6M |
| Minority Interest | 1.83M | 814k | - | - |
| Total Current Liabilities | 20.21M | 18.7M | 15.79M | 16.84M |
| Total Liab | 344.6M | 386.8M | 576.1M | 342.22M |
| Common Stock | 500.2M | 499.97M | 633.45M | 505.83M |
| Retained Earnings | 169.61M | 111.36M | 96.34M | 38.85M |
| Treasury Stock | -4.5M | -4.29M | -10.37M | -3.13M |
| Other Stockholder Equity | -4.5M | -4.29M | -10.37M | -3.13M |
| Total Stockholder Equity | 665.32M | 607.04M | 719.42M | 541.55M |
| Net Tangible Assets | 664.22M | 606.97M | 719.42M | 538.55M |
Cash Flow Statement
Cash Flow Statement history of Stride Property Group (NZX:SPG)
| 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 | |
|---|---|---|---|---|
| Net Income | 95.25M | 53.33M | 92.41M | 68.83M |
| Depreciation | 335k | 233k | 129k | 108k |
| Change To Netincome | -55.18M | -22.6M | -51.08M | -44M |
| Change To Account Receivables | -249k | -941k | -343k | 130k |
| Change To Liabilities | -1.17M | 1.17M | -417k | 6.13M |
| Change To Operating Activities | 81k | 387k | -261k | -342k |
| Total Cash From Operating Activities | 39.02M | 34.93M | 40.66M | 32.27M |
| Other Cashflows From Investing Activities | -13.68M | 1.83M | 1.83M | -1.6M |
| Total Cashflows From Investing Activities | 40.81M | 28.75M | -358.74M | -41.8M |
| Dividends Paid | -35.99M | -37.5M | -34.91M | -27.86M |
| Net Borrowings | -39.8M | -25.3M | 226.03M | 37.38M |
| Total Cash From Financing Activities | -75.79M | -62.8M | 318.73M | 9.52M |
| Change In Cash | 4.04M | 875k | 655k | -9k |
| Capital Expenditures | - | - | - | - |