Income statement
Fiscal year is July-June. All values NZD 2023 2022 2021
Sales/Revenue 995 999 899
Sales Growth -0.37% 11.19% 20.45%
Cost of Goods Sold (COGS) incl. D&A 904 914 825
COGS excluding D&A 896 906 818
Depreciation & Amortization Expense 8 8 7
Depreciation 8 8 7
COGS Growth -1.12% 10.79% 19.29%
Gross Income 91 85 73
Gross Income Growth 7.67% 15.67% 35.30%
Gross Profit Margin - - -
SG&A Expense 39 35 32
Other SG&A 39 35 32
SGA Growth 11.55% 8.00% 1.09%
EBIT 52 50 41
Non Operating Income/Expense 2 4 3
Non-Operating Interest Income 0 0 0
Interest Expense 9 4 3
Interest Expense Growth 110.25% 45.49% -34.24%
Gross Interest Expense 9 4 3
Pretax Income 45 49 41
Pretax Income Growth -8.65% 21.36% 52.85%
Pretax Margin - - -
Income Tax 13 14 11
Income Tax - Current Domestic 13 14 12
Income Tax - Deferred Domestic 0 0 0
Consolidated Net Income 32 35 30
Minority Interest Expense 2 2 2
Net Income 30 33 28
Net Income Growth -9.01% 19.41% 60.95%
Net Margin - - -
Extraordinaries & Discontinued Operations -2 0 -3
Extra Items & Gain/Loss Sale Of Assets -2 0 -3
Net Income After Extraordinaries 33 34 31
Net Income Available to Common 30 33 28
EPS (Basic) 0.85 1.01 0.76
EPS (Basic) Growth -16.07% 33.63% 13.77%
Basic Shares Outstanding 33 33 33
EPS (Diluted) 0.85 1.01 0.76
EPS (Diluted) Growth -16.08% 33.62% 13.77%
Diluted Shares Outstanding 33 33 33
EBITDA 61 58 48
EBITDA Growth 4.41% 21.34% 67.58%
EBITDA Margin - - -
EBIT 52 50 41
9 9
7
Fiscal year is July-June. All values NZD Milli 2023 2022 2021
6 Interest Expense in NZD millions 9 4 3
5
4
4
3
3
0
Interest Expense in NZD millions
2023 2022 2021
Fiscal year is J 2023 2022 2021
Accounts Recei 41,961.00 41,961.00 37,283.00 41,598.00
41,598.00
42,000.00
41,000.00
40,000.00
39,000.00
37,283.00
38,000.00
37,000.00
36,000.00
35,000.00
34,000.00
Accounts Receivables in NZD thousands
2023 2022 2021
Balance Sheet
Assets
Fiscal year is July-June. All values NZD 2023 2022
Cash & Short Term Investments 9,854.00 11,844.00
Cash Only 9,854.00 11,844.00
Cash & Short Term Investments Growth -16.80% -19.63%
Cash & ST Investments / Total Assets 1.80% 2.58%
Total Accounts Receivable 46,497.00 38,914.00
Accounts Receivables, Net 41,961.00 37,283.00
Accounts Receivables, Gross 42,059.00 37,319.00
Bad Debt/Doubtful Accounts -98 -36
Other Receivables 4,536.00 1,631.00
Accounts Receivable Growth 19.49% -13.40%
Accounts Receivable Turnover 21.41 25.67
Inventories 205,977.00 137,020.00
Finished Goods 209,966.00 140,668.00
Progress Payments & Other -3,989.00 -3,648.00
Other Current Assets 3,881.00 4,799.00
Prepaid Expenses 963 286
Miscellaneous Current Assets 2,918.00 4,513.00
Total Current Assets 266,209.00 192,577.00
Net Property, Plant & Equipment 271,158.00 258,065.00
Property, Plant & Equipment - Gross 295,844.00 281,137.00
Buildings 234,974.00 226,081.00
Transportation Equipment 10,918.00 6,217.00
Other Property, Plant & Equipment 30,753.00 28,944.00
Accumulated Depreciation 24,686.00 23,072.00
Transportation Equipment 4,085.00 3,892.00
Other Property, Plant & Equipment 20,601.00 19,180.00
Total Investments and Advances 1,350.00 1,356.00
Other Long-Term Investments 1,350.00 1,356.00
Long-Term Note Receivable - -
Intangible Assets 1,028.00 1,028.00
Net Goodwill 1,028.00 1,028.00
Other Assets 757 920
Tangible Other Assets 757 920
Total Assets 548,418.00 458,213.00
Assets - Total - Growth 19.69% 2.34%
Asset Turnover - -
Return On Average Assets - -
Liabilities & Shareholders' Equity
All values NZD Thousands. 2023 2022
ST Debt & Current Portion LT Debt 106,870.00 70,278.00
Short Term Debt 104,832.00 68,251.00
Current Portion of Long Term Debt 2,038.00 2,027.00
Accounts Payable 52,670.00 28,827.00
Accounts Payable Growth 82.71% -17.58%
Income Tax Payable 4,716.00 5,044.00
Other Current Liabilities 22,150.00 19,552.00
Accrued Payroll 9,738.00 9,091.00
Miscellaneous Current Liabilities 12,412.00 10,461.00
Total Current Liabilities 186,406.00 123,701.00
Current Ratio 1.43 1.56
Quick Ratio 0.32 0.45
Cash Ratio 0.05 0.1
Long-Term Debt 45,333.00 25,752.00
Long-Term Debt excl. Capitalized Leases 26,230.00 6,000.00
Non-Convertible Debt 26,230.00 6,000.00
Deferred Taxes -7,916.00 -4,267.00
Deferred Taxes - Credit - -
Deferred Taxes - Debit 7,916.00 4,267.00
Other Liabilities 757 920
Other Liabilities (excl. Deferred Income) 757 920
Total Liabilities 232,496.00 150,373.00
Total Liabilities / Total Assets 42.39% 32.82%
Common Equity (Total) 310,773.00 303,340.00
Common Stock Par/Carry Value 15,968.00 15,968.00
Retained Earnings 179,460.00 171,883.00
Cumulative Translation Adjustment/Unrealize 1,514.00 2,185.00
Revaluation Reserves 113,831.00 113,304.00
Common Equity / Total Assets 56.67% 66.20%
Total Shareholders' Equity 310,773.00 303,340.00
Total Shareholders' Equity / Total Assets 56.67% 66.20%
Accumulated Minority Interest 5,149.00 4,500.00
Total Equity 315,922.00 307,840.00
Liabilities & Shareholders' Equity 548,418.00 458,213.00
2021
14,736.00
14,736.00
-13.29%
3.29%
44,933.00
41,598.00
41,646.00
-48
3,335.00
7.69%
20
163,378.00
166,360.00
-2,982.00
1,340.00
219
1,121.00
224,387.00
212,445.00
236,189.00
184,506.00
6,807.00
29,050.00
23,744.00
4,161.00
19,583.00
2,552.00
2,552.00
1,666.00
1,028.00
1,028.00
-
-
447,745.00
16.53%
-
-
2021
102,408.00
100,367.00
2,041.00
34,977.00
57.68%
6,016.00
21,237.00
9,269.00
11,968.00
164,638.00
1.36
0.37
0.09
15,607.00
-
-
-5,667.00
-
5,667.00
1,666.00
1,666.00
181,911.00
40.63%
262,443.00
15,968.00
156,682.00
-204
89,997.00
58.61%
262,443.00
58.61%
3,391.00
265,834.00
447,745.00
Items
Fiscal year is July-June. All values Values Vertical analysis
NZD Millions. 2023 2022 2023
Sales/Revenue 995 999 100.00%
Cost of Goods Sold (COGS) incl. D&A 904 914 90.85%
COGS excluding D&A 896 906 90.05%
Depreciation & Amortization Expense 8 8 0.80%
Depreciation 8 8 0.80%
Gross Income 91 85 9.15%
SG&A Expense 39 35 3.92%
Other SG&A 39 35 3.92%
EBIT 52 50 5.23%
Non Operating Income/Expense 2 4 0.20%
Non-Operating Interest Income 0 0 0.00%
Interest Expense 9 4 0.90%
Gross Interest Expense 9 4 0.90%
Pretax Income 45 49 4.52%
Income Tax 13 14 1.31%
Income Tax - Current Domestic 13 14 1.31%
Income Tax - Deferred Domestic 0 0 0.00%
Consolidated Net Income 32 35 3.22%
Minority Interest Expense 2 2 0.20%
Net Income
Extraordinaries & Discontinued 30 33 3.02%
Operations -2 0 -0.20%
Extra Items & Gain/Loss Sale Of Assets -2 0 -0.20%
Net Income After Extraordinaries 33 34 3.32%
Net Income Available to Common 30 33 3.02%
EPS (Basic) 0.85 1.01 0.09%
Basic Shares Outstanding 33 33 3.32%
EPS (Diluted) 0.85 1.01 0.09%
Diluted Shares Outstanding 33 33 3.32%
EBITDA 61 58 6.13%
EBIT 52 50 5.23%
Vertical analysis
2022
100.00%
91.49%
90.69%
0.80%
0.80%
8.51%
3.50%
3.50%
5.01%
0.40%
0.00%
0.40%
0.40%
4.90%
1.40%
1.40%
0.00%
3.50%
0.20%
3.30%
0.00%
0.00%
3.40%
3.30%
0.10%
3.30%
0.10%
3.30%
5.81%
5.01%
2023 2022 2021
Average settlement period for A 21.27 11.51 15.47
25.00 21.27
20.00 15.47
15.00 11.51
10.00
5.00
0.00
Average settlement period for AP
2023 2022 2021
2023 2022 2021
Operating profit 52 50 41
Total revenue 995 999 899
Operating prfit margin 5.23% 5.01% 4.56%
Current assets 266,209.00 192,577.00 224,387.00
Current liabilites 186,406.00 123,701.00 164,638.00
Current ratio 1.428 1.557 1.363
Inventories 205,977.00 137,020.00 163,378.00
Quick ratio 0.323 0.449 0.371
Long term liabilities 45,333.00 25,752.00 15,607.00
Share capital + reserves + long term liabilities 469,937.00 442,396.00 368,047.00
Gearing Ratio 0.0965 0.0582 0.0424
Average inventory 205,977.00 137,020.00 163,378.00
COGS 904000 914000 825000
Inventory turnover period 83.165 54.718 72.282
Average accounts receivable 41,961.00 37,283.00 41,598.00
Credit sales revenue 995000 999000 899000
Average settlement period for AR 15.39 13.62 16.89
Average accounts payable 52,670.00 28,827.00 34,977.00
COGS 904000 914000 825000
Average settlement period for AP 21.27 11.51 15.47
Colonial Inghams Industries
Ratio Motor Co. Ltd. Group Ltd. Inc.
Gross income 91.00 511.00 1,295
Revenue 995.00 3,044.00 497
Gross profit margin 9.15% 16.79% 260.56%
Operating profit 52.00 148.00 235
Total revenue 995.00 3,044.00 497
Operating prfit margin 5.23% 4.86% 47.28%
Current assets 266,209.00 787,000.00 313000
Current liabilites 186,406.00 718,000.00 195000
Current ratio 1.428 1.096 1.605
Inventories 205,977.00 381,000.00 104100
Quick ratio 0.323 0.56545961
Long term liabilities 45,333.00 16,130.00 60800
Share capital + reserves + long term 469,937.00 16,700.00 120000
Gearing Ratio 0.0965 0.9659 0.5067
Average inventory 205,977.00 38,100.00 104000
COGS 904,000.00 253,300.00 798000
Inventory turnover period 83.165 54.9013 47.5689
Average accounts receivable 41,961.00 22,800.00 10200
Credit sales revenue 995,000.00 304,400.00 497000
Average settlement period for A 15.39 27.339 7.491
Average accounts payable 52,670.00 29,600.00 91000
COGS 904,000.00 253,300.00 798000
Average settlement period for A 21.27 42.653 41.623
Indsutry Benchmark
632.33
1,512.00
95.50%
145.00
1,512.00
19.12%
455,403.00
366,468.67
1.376
230,359.00
0.444
40,754.33
202,212.33
0.5230
116,025.67
651,766.67
61.879
24,987.00
598,800.00
16.74
57,756.67
651,766.67
35.18
