58
SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2014
Notes
2014
$
2013
$
CONTINUING OPERATIONS
Other income
3
726,951
1,771,966
Administration expense
4
(2,180,027)
(2,237,628)
Consultants fees expensed
(581,460)
(971,256)
Depreciation and amortisation expense
4
(1,372,262)
(2,345,456)
Employee and director benefits expense
4
(12,984,425)
(17,511,692)
Exchange rate losses
(23,066)
(48,757)
Legal fees
(1,744,880)
(4,382,426)
Listing and registry fees
(274,002)
(429,119)
Occupancy costs
(1,600,590)
(1,460,341)
Professional fees
4
(630,348)
(699,929)
Transport & logistics
(58,240)
(171,604)
Personnel travel expenses
(2,227,480)
(2,175,531)
Finance Charges on Convertible Notes
4
(8,918,727)
-
Other expenses
4
(1,072,955)
(979,786)
Loss from continuing operations before tax
(32,941,511)
(31,641,559)
Income tax expense
10
-
-
LOSS FOR THE PERIOD
(32,941,511)
(31,641,559)
Loss attributable to:
Owners of the parent
(31,054,378)
(29,216,683)
Non-controlling interests
(1,887,133)
(2,424,876)
NET LOSS ATTRIBUTABLE TO MEMBERS
(32,941,511)
(31,641,559)
OTHER COMPREHENSIVE INCOME
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translating foreign operations
10,161,820
42,564,625
Other comprehensive income for the period
10,161,820
42,564,625
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
(22,779,691)
10,923,066
Total comprehensive income attributable to:
Owners of the parent
(22,022,861)
8,907,596
Non-controlling interests
(756,830)
2,015,470
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO MEMBERS
(22,779,691)
10,923,066
LOSS PER SHARE
From continuing operations
¢
¢
- Basic (cents per share)
21
(1.01)
(0.95)
- Diluted (cents per share)
21
(1.01)
(0.95)
CONSOLIDATED STATEMENT OF PROFIT OR
LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2014
The accompanying notes form part of these financial statements