1、Building Australia for over 100 yearsANNUAL REPORT 2020 Big River Industries Limited ABN 72 609 901 377With an operating history of approximately 100 years,Big River has established itself as a diverse manufacturer and distributor of timber and building products.Big River Industries Limited Annual R
2、eport 2020 1 2Chairman and Managing Directors Report6Directors Report20Auditors Independence Declaration21Statement of Profit or Loss and OtherComprehensive Income22Statement of Financial Position23Statement of Changes in Equity24Statement of Cash Flows25Notes to the Financial Statements65Directors
3、Declaration66Independent Auditors Report to the MembersofBig River Industries Limited70Shareholder Information72Corporate Directory73Branch Network2 Big River Industries Limited Annual Report 2020Despite the considerable challenges experienced during FY2020,Big River continued to expand.Despite the
4、considerable challenges experienced during FY2020,Big River continued to expand,with revenue of$249m,up 14%.This included the addition of sites in Townsville and Adelaide continuing the diversity across geographies,construction types and market segments that helped insulate the Group against market
5、volatility.Statutory EBITDA of$17.7m reflects the new AASB16 accounting standard,or$12.3m on a pre AASB16 basis,up 25%on the prior period.This translated to 21%growth at the NPAT level or around 5%growth at comparable earnings per share level.Given the challenging environment for the Construction se
6、ctor,this was a solidresult for the year.Whilst Covid-19 and the Bushfires(experienced in NSW and Victoria in particular)presented headwinds for the business,it was the continued decline in residential construction starts that most significantly impacted the operating performance,given the Group is