Red5 Annual Report 2022

47 2022 ANNUAL REPORT Consolidated Statement of FINANCIAL POSITION as at 30 June 2022 CONSOLIDATED 30 June 2022 30 June 2021 Note $’000 $’000 Assets Current Assets Cash and cash equivalents 7 32,526 17,415 Trade and other receivables 8 19,025 9,861 Inventories 9 41,415 26,572 Assets held for sale 23 - 25,623 Total Current Assets 92,966 79,471 Non-Current Assets Property, plant and equipment 10 303,378 136,814 Mine properties 11 131,416 63,025 Exploration and evaluation assets 12 41,133 37,135 Trade and other receivables 8 8,180 28,810 Intangible assets 292 230 Total Non-Current Assets 484,399 266,014 Total Assets 577,365 345,485 Liabilities Current Liabilities Trade and other payables 13 64,174 39,787 Financial liability 15 19,376 - Employee benefits 18 8,316 5,498 Provisions 16 1,296 1,116 Lease liabilities 17 18,490 3,529 Liabilities held for sale 23 - 3,940 Total Current Liabilities 111,652 53,870 Non-Current Liabilities Financial liability 15 152,894 - Lease liabilities 17 81,604 6,624 Provisions 16 47,681 52,161 Employee benefits 18 739 421 Deferred tax liability 6 - 1,533 Total Non-Current Liabilities 282,918 60,739 Total Liabilities 394,570 114,609 Net Assets 182,795 230,876 Equity Contributed equity 20 443,160 442,626 Other equity 930 930 Reserves 21 6,918 31,027 Accumulated losses (268,196) (239,797) Total Equity Attributable to Equity Holders of the Company 182,812 234,786 Non-controlling interests (17) (3,910) Total Equity 182,795 230,876 The accompanying notes form part of these financial statements.

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