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For the six months ended 31 December 2021
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FOLE Y WINES LIMITED | HALF YE ARLY REPORT 2022
Contents
Performance Overview | 4 |
Chief Executive Officer (CEO) and Directors' Report | 6 - 9 |
Financial Statements (Unaudited) | |
Income Statement | 12 |
Statement of Comprehensive Income | 13 |
Statement of Changes In Equity | 13 - 14 |
Statement of Financial Position | 15 - 16 |
Statement of Cash Flows | 17 |
Notes to the Financial Statements | 20 - 26 |
Company Directory | 27 |
This interim financial report does not include all of the notes of the type normally included in the annual financial report. Accordingly, this report should be read in conjunction with the Annual Report for the year ended 30 June 2021 and any public announcements made by Foley Wines Limited during the interim period.
Foley Wines Limited is a company incorporated and domiciled in New Zealand and listed on the NZSX Board of the New Zealand Stock Exchange (NZX). The Company is an integrated wine company producing table wines with the marketing and sales of premium wines in New Zealand and various export markets.
These financial statements that were approved for issue on 23 February 2022 and have not been audited.
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FOLE Y WINES LIMITED | HALF YE ARLY REPORT 2022
made by land & hand
Foley Wines is a collection of iconic wineries and brands from New Zealand's most acclaimed wine regions
Each with a unique story of New Zealand to tell, our wineries and distillery are linked by a common unrelenting purpose; to make great wine that people love to drink around the world - made by land & hand.
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FOLE Y WINES LIMITED | HALF YE ARLY REPORT 2022
Our wineries & distillery
Martinborough Vineyard | Te Kairanga | Lighthouse Gin |
Martinborough | Martinborough | Martinborough |
Grove Mill | Vavasour | Mt Difficulty |
Wairau Valley, Marlborough | Awatere Valley, Marlborough | Central Otago |
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FOLE Y WINES LIMITED | HALF YE ARLY REPORT 2022
Performance
Overview
CASE SALES | 278,000 (down 1%) |
BOTTLED SALES REVENUE | $28,453,000 (up 8.5%) |
OPERATING EARNINGS | $4,839,000 (up 35.8%) |
REPORTED PROFIT AFTER TAX | $3,534,000 (up 37.7%) |
OPERATING EBITDA | $8,480,000 (up 18.9%) |
OPERATING CASHFLOW | $10,101,000 (up 408%) |
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