Landcare Research - Manaaki Whenua

Landcare-Research -Manaaki Whenua

Financial Performance Summary

Summary table of group financial performance

  2014 2015 2016 2016 2017
  Achieved Achieved Target Achieved Target
Revenue, $m 54.7 58.2 59.2 56.9 61.9
EBIT before investment, $m 3.6 3.0 3.0 3.4 2.0
EBIT, $m 2.9 2.2 2.1 2.8 1.3
Investment, $m 0.8 0.8 0.8 0.6 0.8
Total assets, $m 45.4 47.7 50.0 53.6 53.8
Return on equity 7.2% 5.5% 5.0% 6.7% 2.8%
Dividend $m - - - - -
Equity ratio 63% 66% 66% 64% 62%
Gearing 0% 0% 0% 0% 0%
Interest cover 658 N/A 614 336 34

NB: Revenue excludes income from interest on investments and from finance leases, $0.3m for 2016 (2015: $0.2m)

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