Axiom Mining 2015 Annual Report

GROUP FINANCIAL REPORT

Consolidated statement of financial position for the year ended 30 September 2015

40

2015 $000

2014 $000

Notes

Assets Current assets Cash and cash equivalents

1,306 1,129 2,435

2,304 1,091 3,395

7 8

Other receivables

Total current assets

Non-current assets Property, plant and equipment Mineral exploration expenditure

2,011 9,158

2,059 2,472 4,531 7,926

10 11

Total non-current assets

11,169 13,604

Total assets

Liabilities Current liabilities Trade and other payables

3,937 1,132

1,768

12 13 14 15

Borrowings

686 377 153

Lease liabilities

516 340

Provisions

Total current liabilities

5,925

2,984

Non-current liabilities Lease liabilities

AXIOM MINING LIMITED ANNUAL REPORT 2015 Provisions

2,332

1,958

14 15

5

–

Total non-current liabilities

2,337 8,262 5,342

1,958 4,942 2,984

Total liabilities NET ASSETS Equity Issued capital

91,433

77,902

16(a) 16(b)

Reserves

1,192

(95)

Retained losses

(85,054)

(73,395)

Equity attributable to owners of the Company

7,571

4,412

Non-controlling interests

(2,229)

(1,428) 2,984

TOTAL EQUITY

5,342

The notes on pages 43 to 70 form part of these nancial statements.