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AXIOM MINING LIMITED

ANNUAL REPORT 2015

55

Notes to the

financial statements

for the year ended 30 September 2015

GROUP FINANCIAL REPORT

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

Total Assets

8,024

3,260

Total Current Liabilities

1,777

551

Total Non-current Liabilities

17,520

8,617

Total Liabilities

19,297

9,168

Net Assets

(11,273)

(5,908)

Carrying amount of non-controlling interests

(2,255)

(1,182)

Summarised Financial Performance:

Revenue

7

84

Loss after tax

(2,645)

(939)

Other comprehensive income after tax

Total Comprehensive loss

(2,645)

(9339)

Loss attributable to non-controlling interests

(529)

(188)

Distributions paid to non-controlling interests