Table of Contents Table of Contents
Previous Page  42 / 112 Next Page
Information
Show Menu
Previous Page 42 / 112 Next Page
Page Background

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.