40
AXIOM MINING LIMITED
ANNUAL REPORT 2015
GROUP FINANCIAL REPORT
Consolidated statement
of financial position
for the year ended 30 September 2015
Notes
2015
$000
2014
$000
Assets
Current assets
Cash and cash equivalents
7
1,306
2,304
Other receivables
8
1,129
1,091
Total current assets
2,435
3,395
Non-current assets
Property, plant and equipment
10
2,011
2,059
Mineral exploration expenditure
11
9,158
2,472
Total non-current assets
11,169
4,531
Total assets
13,604
7,926
Liabilities
Current liabilities
Trade and other payables
12
3,937
1,768
Borrowings
13
1,132
686
Lease liabilities
14
516
377
Provisions
15
340
153
Total current liabilities
5,925
2,984
Non-current liabilities
Lease liabilities
14
2,332
1,958
Provisions
15
5
–
Total non-current liabilities
2,337
1,958
Total liabilities
8,262
4,942
NET ASSETS
5,342
2,984
Equity
Issued capital
16(a)
91,433
77,902
Reserves
16(b)
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)
TOTAL EQUITY
5,342
2,984
The notes on pages 43 to 70 form part of these nancial statements.