26 / 112
Group
financial report
for the year ended 30 September 2015
25
Directors’ report
37
Auditor’s independence declaration
38
Consolidated statement of profit or loss
39
Consolidated statement
of comprehensive income
40
Consolidated statement of financial position
41
Consolidated statements of changes in equity
42
Consolidated statement of cash flows
43
Notes to the financial statements
43
1. Company information
43
2. Significant accounting policies
51
3. Segment information
51
4. Loss for the year
52
5. Tax expense
52
6. Loss per share
53
7. Cash and cash equivalents
53
8. Other receivables
54
9. Investments in subsidiaries
56
10. Property, plant and equipment
57
11. Mineral exploration expenditure
57
12. Trade and other payables
58
13. Borrowings
58
14. Capitalised lease liabilities
59
15. Provisions
59
16. Capital and reserves
63
17. Note to statement of cash flows
63
18. Commitments
64
19. Auditor’s remuneration
64
20. Related parties
65
21. Financial risk management and fair values
67
22. Contingent assets and contingent liabilities
68
23. Subsequent events
68
24. Significant accounting estimates
and judgements
69
25. Parent entity financial information
70
26. Fair value
71
Directors’ declaration
72
Independent auditor's report
All amounts in this financial report are in Australian dollars
unless otherwise stated.
24
AXIOM MINING LIMITED
ANNUAL REPORT 2015