New Zealand Refining Company Ltd
NZX:NZR
Income Statement
Earnings Waterfall
New Zealand Refining Company Ltd
Revenue
|
234.1m
NZD
|
Cost of Revenue
|
-130.8m
NZD
|
Gross Profit
|
103.3m
NZD
|
Operating Expenses
|
-290m
NZD
|
Operating Income
|
-186.7m
NZD
|
Other Expenses
|
-365.9m
NZD
|
Net Income
|
-552.6m
NZD
|
Income Statement
New Zealand Refining Company Ltd
Dec-2002 | Jun-2003 | Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||
Revenue |
161
N/A
|
171
+6%
|
188
+10%
|
214
+13%
|
281
+31%
|
342
+22%
|
396
+16%
|
429
+8%
|
404
-6%
|
352
-13%
|
338
-4%
|
360
+6%
|
398
+11%
|
398
0%
|
251
-37%
|
203
-19%
|
291
+43%
|
314
+8%
|
291
-7%
|
247
-15%
|
279
+13%
|
292
+5%
|
223
-23%
|
189
-15%
|
233
+23%
|
345
+48%
|
447
+30%
|
398
-11%
|
354
-11%
|
389
+10%
|
415
+7%
|
372
-10%
|
360
-3%
|
382
+6%
|
345
-10%
|
295
-15%
|
246
-17%
|
242
-2%
|
234
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
(37)
|
(90)
|
(103)
|
(105)
|
(102)
|
(106)
|
(121)
|
(130)
|
(128)
|
(122)
|
(114)
|
(113)
|
(122)
|
(133)
|
(142)
|
(142)
|
(140)
|
(133)
|
(120)
|
(121)
|
(131)
|
(136)
|
(146)
|
(154)
|
(149)
|
(160)
|
(170)
|
(171)
|
(188)
|
(191)
|
(180)
|
(164)
|
(137)
|
(131)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
306
N/A
|
307
+0%
|
326
+6%
|
299
-8%
|
250
-17%
|
232
-7%
|
239
+3%
|
268
+12%
|
270
+1%
|
129
-52%
|
89
-31%
|
178
+99%
|
192
+8%
|
159
-17%
|
104
-34%
|
136
+30%
|
152
+11%
|
90
-41%
|
69
-23%
|
112
+61%
|
214
+91%
|
311
+45%
|
252
-19%
|
201
-20%
|
240
+20%
|
254
+6%
|
202
-21%
|
189
-6%
|
194
+3%
|
154
-21%
|
114
-26%
|
82
-28%
|
105
+27%
|
103
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(103)
|
(127)
|
(129)
|
(125)
|
(129)
|
(93)
|
(61)
|
(68)
|
(97)
|
(101)
|
(83)
|
(83)
|
(87)
|
(89)
|
(89)
|
(91)
|
(95)
|
(100)
|
(106)
|
(100)
|
(89)
|
(96)
|
(96)
|
(91)
|
(95)
|
(98)
|
(98)
|
(109)
|
(120)
|
(126)
|
(129)
|
(131)
|
(133)
|
(140)
|
(136)
|
(130)
|
(119)
|
(110)
|
(290)
|
|
Selling, General & Administrative |
(103)
|
(127)
|
(129)
|
(125)
|
(129)
|
(72)
|
(21)
|
(21)
|
(41)
|
(42)
|
(22)
|
(22)
|
(26)
|
(26)
|
(22)
|
(21)
|
(21)
|
(22)
|
(26)
|
(26)
|
(24)
|
(25)
|
(24)
|
(23)
|
(23)
|
(25)
|
(26)
|
(30)
|
(33)
|
(32)
|
(34)
|
(37)
|
(38)
|
(41)
|
(39)
|
(36)
|
(32)
|
(28)
|
(30)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
(21)
|
(40)
|
(47)
|
(57)
|
(59)
|
(61)
|
(61)
|
(61)
|
(63)
|
(67)
|
(70)
|
(74)
|
(78)
|
(80)
|
(71)
|
(63)
|
(70)
|
(71)
|
(68)
|
(72)
|
(72)
|
(72)
|
(79)
|
(87)
|
(94)
|
(95)
|
(93)
|
(97)
|
(103)
|
(100)
|
(95)
|
(87)
|
(82)
|
(84)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(2)
|
0
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
2
|
4
|
4
|
0
|
0
|
0
|
(176)
|
|
Operating Income |
58
N/A
|
44
-24%
|
60
+35%
|
89
+48%
|
151
+71%
|
212
+41%
|
246
+16%
|
258
+5%
|
202
-22%
|
149
-27%
|
149
+0%
|
155
+4%
|
181
+17%
|
181
0%
|
39
-78%
|
(1)
N/A
|
83
N/A
|
92
+11%
|
52
-43%
|
5
-91%
|
47
+928%
|
56
+19%
|
(6)
N/A
|
(22)
-291%
|
17
N/A
|
116
+602%
|
212
+83%
|
143
-33%
|
80
-44%
|
114
+43%
|
126
+10%
|
71
-43%
|
56
-22%
|
54
-2%
|
18
-66%
|
(16)
N/A
|
(37)
-137%
|
(5)
+86%
|
(187)
-3 523%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
(2)
|
(5)
|
(3)
|
0
|
2
|
0
|
(0)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(7)
|
(4)
|
(3)
|
(3)
|
(2)
|
(1)
|
(2)
|
(3)
|
(2)
|
(3)
|
(10)
|
(16)
|
(15)
|
(14)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(11)
|
(10)
|
(11)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
(219)
|
(224)
|
(5)
|
(567)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
58
N/A
|
44
-24%
|
60
+35%
|
89
+48%
|
151
+71%
|
210
+39%
|
241
+15%
|
254
+5%
|
202
-20%
|
150
-26%
|
150
0%
|
155
+4%
|
179
+15%
|
176
-1%
|
33
-81%
|
(9)
N/A
|
75
N/A
|
85
+14%
|
48
-44%
|
2
-97%
|
43
+2 780%
|
54
+25%
|
(7)
N/A
|
(24)
-250%
|
14
N/A
|
114
+722%
|
210
+83%
|
133
-36%
|
65
-52%
|
99
+54%
|
110
+11%
|
58
-47%
|
42
-28%
|
40
-4%
|
5
-88%
|
(248)
N/A
|
(271)
-10%
|
(20)
+93%
|
(765)
-3 748%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(23)
|
(18)
|
(23)
|
(31)
|
(54)
|
(72)
|
(80)
|
(84)
|
(67)
|
(38)
|
(38)
|
(49)
|
(54)
|
(53)
|
(10)
|
9
|
(17)
|
(26)
|
(13)
|
(0)
|
(12)
|
(15)
|
2
|
7
|
(4)
|
(32)
|
(59)
|
(36)
|
(17)
|
(28)
|
(32)
|
(18)
|
(12)
|
(11)
|
(1)
|
69
|
73
|
3
|
212
|
|
Income from Continuing Operations |
36
|
26
|
37
|
57
|
98
|
138
|
162
|
170
|
136
|
112
|
112
|
106
|
125
|
123
|
24
|
0
|
58
|
60
|
35
|
1
|
31
|
39
|
(5)
|
(17)
|
10
|
82
|
151
|
97
|
48
|
71
|
79
|
41
|
30
|
29
|
4
|
(179)
|
(198)
|
(17)
|
(553)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
36
N/A
|
26
-26%
|
37
+40%
|
57
+55%
|
98
+71%
|
138
+41%
|
162
+17%
|
170
+5%
|
136
-20%
|
112
-17%
|
112
0%
|
106
-5%
|
125
+18%
|
123
-1%
|
24
-81%
|
0
-100%
|
58
+57 600%
|
60
+4%
|
35
-42%
|
1
-97%
|
31
+3 333%
|
39
+25%
|
(5)
N/A
|
(17)
-244%
|
10
N/A
|
82
+729%
|
151
+84%
|
97
-36%
|
47
-51%
|
71
+51%
|
79
+11%
|
41
-48%
|
30
-27%
|
29
-2%
|
4
-86%
|
(179)
N/A
|
(198)
-11%
|
(17)
+92%
|
(553)
-3 181%
|
|
EPS (Diluted) |
0.13
N/A
|
0.09
-31%
|
0.13
+44%
|
0.2
+54%
|
0.35
+75%
|
0.49
+40%
|
0.58
+18%
|
0.61
+5%
|
0.48
-21%
|
0.4
-17%
|
0.4
N/A
|
0.38
-5%
|
0.45
+18%
|
0.44
-2%
|
0.08
-82%
|
0
N/A
|
0.21
N/A
|
0.21
N/A
|
0.12
-43%
|
0
N/A
|
0.11
N/A
|
0.14
+27%
|
-0.02
N/A
|
-0.06
-200%
|
0.03
N/A
|
0.26
+767%
|
0.48
+85%
|
0.31
-35%
|
0.15
-52%
|
0.23
+53%
|
0.25
+9%
|
0.13
-48%
|
0.1
-23%
|
0.09
-10%
|
0.01
-89%
|
-0.57
N/A
|
-0.64
-12%
|
-0.05
+92%
|
-1.71
-3 320%
|