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Statement of Financial Position

as at 30 June 2019

June 2019

June 2018

Note

$'000

$'000

ASSETS

Current Assets

Cash and cash equivalents

7(a)

96,326

30,855

Trade and other receivables

7(b)

6,336

4,834

Prepayments

7(c)

10,390

264

Current tax receivable

485

981

Total current assets

113,537

36,934

Non-current assets

Property, plant and equipment

8(a)

807,747

573,780

Total non-current assets

807,747

573,780

Total assets

921,284

610,714

LIABILITIES

Current liabilities

Trade and other payables

7(d)

31,103

11,543

Provisions

8(b)

989

287

Non interest-bearing liabilities

7(e)

15,413

-

Other current liabilities

1,038

233

Total current liabilities

48,543

12,063

Non-current liabilities

Provisions

8(b)

83

36

Deferred tax liabilities

6(d)

28,115

31,542

Non interest-bearing liabilities

7(e)

4

15,747

Total non-current liabilities

28,202

47,325

Total liabilities

76,745

59,388

Net assets

844,539

551,326

EQUITY

Share capital

10(a)

867,673

566,223

Revaluation surplus

10(b)

31,039

31,039

Accumulated losses

10(c)

(54,173)

(45,936)

Total equity

844,539

551,326

The Statement of Financial Position should be read in conjunction with the accompanying notes.