Axiom Mining 2015 Annual Report

GROUP FINANCIAL REPORT

Notes to the financial statements for the year ended 30 September 2015

55

9. Investments in subsidiaries (continued)

Summarised Financial Information of Material Non-controlling Interest – Axiom KB Ltd

2015 $000

2014 $000

Summarised Financial Position: Total Current Assets

952

737

Total Non-current Assets

7,072

2,523 3,260

Total Assets

8,024

Total Current Liabilities

1,777

551

Total Non-current Liabilities

17,520 19,297 (11,273)

8,617 9,168

Total Liabilities

Net Assets

(5,908)

Carrying amount of non-controlling interests

(2,255)

(1,182)

Summarised Financial Performance: Revenue

7

84

AXIOM MINING LIMITED ANNUAL REPORT 2015

Loss after tax

(2,645)

(939)

Other comprehensive income after tax

–

–

Total Comprehensive loss

(2,645)

(9339)

Loss attributable to non-controlling interests Distributions paid to non-controlling interests

(529)

(188)

–

–