Page 69 - Sundance Resources 2014 Annual Report

SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2014 67
5.3 Segment assets and liabilities
The following is an analysis of the Group’s assets by reportable operating segment:
2014
$
2013
$
Segment assets
- Mbalam-Nabeba Iron Ore Project 260,747,360 233,996,064
Total segment assets 260,747,360 233,996,064
Unallocated assets 14,865,786 20,381,826
CONSOLIDATED ASSETS 275,613,146 254,377,890
Segment liabilities
- Mbalam-Nabeba Iron Ore Project 1,223,022 4,604,374
Total segment liabilities 1,223,022 4,604,374
Unallocated liabilities 40,114,087 7,467,336
CONSOLIDATED LIABILITIES 41,337,109 12,071,710
For the purposes of monitoring segment performance and allocating resources between segments:
• All assets are allocated to reportable segments other than parent entity current assets, the majority of which are cash
and cash equivalents. Assets used jointly by reportable segments are allocated on the basis of the usage by individual
reportable segments; and
• All liabilities are allocated to reportable segments other than ‘other financial liabilities’, current and deferred tax liabilities,
and ‘other’ liabilities. Liabilities for which reportable segments are jointly liable are allocated in proportion to
segment assets.
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2014
5.4 Other segment information
Depreciation and
amortisation
Additions to
non-current assets
Year Ended Year Ended
30 June 2014 30 June 2013 30 June 2014 30 June 2013
Mbalam-Nabeba Iron Ore Project 1,295,093 2,169,781 23,138,984 26,038,892
Unallocated 77,169 175,675 49,217 21,661
1,372,262 2,345,456 23,188,201 26,060,553
5.5 Geographical Information
The Group operates in two principal geographical areas – Australia (country of domicile) and Central Africa (Republic of
Cameroon and Republic of Congo).
The Group’s revenue from continuing operations from external customers and information about its non-current assets by
geographical location are detailed below.
Revenue from external customers Non-current assets
Year Ended Year Ended
30 June 2014 30 June 2013 30 June 2014 30 June 2013
Central Africa - - 258,819,530 230,857,367
Australia - - 69,471 189,938
- - 258,889,259 231,047,305