82 2022 ANNUAL REPORT Notes to the CONSOLIDATED FINANCIAL STATEMENTS for the year ended 30 June 2022 (cont.) 34 DEED OF CROSS GUARANTEE (cont.) A consolidated statement of comprehensive income and a consolidated statement of financial position, comprising of the Company and controlled entities which are party to the Deed, after eliminating all transactions between parties to the Deed of Cross Guarantee, for the year ended 30 June 2022 is set out as follows: (a) Statement of Other Comprehensive Income CLOSED GROUP YEAR ENDED 30 June 2022 30 June 2021 $’000 $’000 Sales revenue 164,962 173,358 Cost of sales (196,049) (171,050) Gross profit (31,087) 2,308 Other income and expenses Other income 208 527 Administration and other expenses (13,547) (11,471) Exploration expenditure (2,522) (3,217) Operating (loss)/profit (46,948) (11,853) Finance income 8 347 Finance expenses (126,388) (57,960) Net financing expense (126,380) (57,613) Profit/(loss) before tax (172,328) (69,466) Income tax (expense)/benefit 915 4,788 (Loss)/profit after tax for the year (172,413) (64,678) Other comprehensive income/(loss) Changes in fair value of cashflow hedges, net of tax - 24,787 Ineffective portion of cash flow hedges (1,444) (4,748) Total comprehensive profit/(loss) for the year (173,857) (44,639)
RkJQdWJsaXNoZXIy MjE2NDg3