Page 95 - Sundance Resources Ltd Annual Report 2013

SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2013 93
NOTES TO THE
FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 30 JUNE 2013
AASB 2012-3 ‘Amendments to Australian Accounting Standards –
Offsetting Financial Assets and Financial Liabilities’
1 January 2014 30 June 2015
AASB 2012-5 ‘Amendments to Australian Accounting Standards
arising from Annual Improvements 2009–2011 Cycle’
1 January 2013 30 June 2014
AASB 2012-10 ‘Amendments to Australian Accounting Standards –
Transition Guidance and Other Amendments’ [AASB 1, 5, 7, 8, 10, 11, 12,
13, 101, 102, 108, 112, 118, 119, 127, 128, 132, 133, 134, 137, 1023,
1038, 1039, 1049 & 2011-7 and Interpretation 12]
1 January 2013 30 June 2014
AASB 2013-3 ‘Amendments to AASB 136 -
Recoverable Amount Disclosures for Non-Financial Assets’
1 January 2014 30 June 2015
Note 2. SIGNIFICANT ACCOUNTING POLICIES (continued)
Adoption of new and revised accounting standards (continued)
Note 3. OTHER INCOME
30 June 2013
$
30 June 2012
$
Other income from continuing operations
Interest revenue 1,556,082 2,523,266
Gain on revaluation of derivative 206,226 -
Other income 9,658 16,552
TOTAL OTHER INCOME 1,771,966 2,539,818