75 2022 ANNUAL REPORT Notes to the CONSOLIDATED FINANCIAL STATEMENTS for the year ended 30 June 2022 (cont.) 28 SEGMENT INFORMATION (cont.) Australia (a) Philippines (discontinued) Other (b) Total $’000 $’000 $’000 $’000 (iii) Segment Liabilities As at 30 June 2022 Segment liabilities 215,484 - 179,086 394,570 As at 30 June 2021 Segment liabilities 105,688 3,940 4,981 114,609 (a) Australia segment consists of the Darlot Mining Company Pty Ltd and the King of the Hills gold project. (b) Includes corporate costs of the group and inter-company transactions. (c) Revenue is attributable to two customers only. 29 INVESTMENTS IN CONTROLLED ENTITIES Name of controlled entities Country of incorporation Class of shares Equity holding % 2022 2021 Bremer Resources Pty Ltd Australia Ordinary 100 100 Estuary Resources Pty Ltd Australia Ordinary 100 100 Greenstone Resources (WA) Pty Ltd Australia Ordinary 100 100 Oakborough Pty Ltd Australia Ordinary 100 100 Opus Resources Pty Ltd Australia Ordinary 100 100 Red 5 Philippines Pty Ltd Australia Ordinary 100 100 Red 5 Mapawa Pty Ltd Australia Ordinary 100 100 Red 5 Dayano Pty Ltd Australia Ordinary 100 100 Darlot Mining Company Pty Ltd Australia Ordinary 100 100 Bremer Binaliw Corporation Philippines Ordinary - 100 Red 5 Mapawa Inc Philippines Ordinary 100 100 Red 5 Dayano Inc Philippines Ordinary 100 100 Red 5 Asia Inc Philippines Ordinary 100 100 Greenstone Resources Corporation (a)(b) Philippines Ordinary - 40 Surigao Holdings and Investments Corporation (b) Philippines Ordinary 40 40 (a) In September 2021 the Company sold all its interest in Greenstone Resources Corporation to a Philippine registered resources company, TVI Resources Incorporated (refer to note 23). (b) The Company held a 40% direct interest in Greenstone Resources Corporation (GRC) before it’s sale (refer to note above) and currently still holds a 40% interest in Surigao Holdings and Investments Corporation (SHIC) voting stock. Agreements are in place which deal with the relationship between Red 5 and other shareholders of these entities. In accordance with Australian accounting standard, AASB 10 Consolidated Financial Statements, Red 5 has consolidated these companies in these financial statements.
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