Axiom Mining 2015 Annual Report

COMPANY FINANCIAL REPORT

Statement of financial position for the year ended 30 September 2015

80

2015 AU$000

2014 AU$000

Notes

Assets Current assets Cash and cash equivalents

11 12 13

1,170

2,207

Prepayment and other receivables

189

379

Amounts due from subsidiaries

6,747 8,106

–

Total current assets

2,586

Non-current assets Investments in subsidiaries Property, plant and equipment Total non-current assets

14 15

–

–

150 150

150 150

Total assets

8,256

2,736

Liabilities Current liabilities Trade and other payables

16 17 18

1,767 1,132

753 686 139

Borrowings

Provisions

156

Total current liabilities

3,055 3,055 5,051 5,201

1,578 1,578 1,008 1,158

Total liabilities

AXIOM MINING LIMITED ANNUAL REPORT 2015 Reserves

Net current assets

NET ASSETS

Equity Share capital

19(a)

91,433

77,902

(86,232)

(76,744)

TOTAL EQUITY

5,201

1,158

Ryan Richard Mount

Stephen Ray Williams

Director

Director