Page 82 - Sundance Resources Ltd Annual Report 2013

80 SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2013
CONSOLIDATED STATEMENT
OF FINANCIAL POSITION
FOR THE YEAR ENDED 30 JUNE 2013
Notes
30 June 2013
$
30 June 2012
$
CURRENT ASSETS
Cash and cash equivalents 11 19,629,458 59,070,799
Trade and other receivables 12 989,758 1,209,018
Inventory 13 3,479,093 2,913,476
Other current assets 14 1,419,248 940,595
Total Current Assets 25,517,557 64,133,888
NON-CURRENT ASSETS
Property, plant & equipment 15 3,897,006 5,141,186
Mine development assets 16 224,963,327 163,955,498
Total Non Current Assets 228,860,333 169,096,684
TOTAL ASSETS 254,377,890 233,230,572
CURRENT LIABILITIES
Borrowings 18 4,793,774 -
Trade and other payables 17 7,277,936 5,248,614
Total Current Liabilities 12,071,710 5,248,614
NON CURRENT LIABILITIES
Total Non-Current Liabilities - -
TOTAL LIABILITIES 12,071,710 5,248,614
NET ASSETS 242,306,180 227,981,958
EQUITY
Issued capital 20 408,971,476 402,462,737
Reserves 21 15,491,720 (19,524,976)
Accumulated losses (175,932,689) (146,716,006)
Equity attributable to owners of the Company 248,530,507 236,221,775
Non-controlling interests (6,224,327) (8,239,797)
TOTAL EQUITY 242,306,180 227,981,958
The accompanying notes form part of these financial statements