Page 115 - Sundance Resources Ltd Annual Report 2013
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SUNDANCE RESOURCES LIMITED
ANNUAL REPORT 2013
113
NOTES TO THE
FINANCIAL STATEMENTS
(continued)
FOR THE YEAR ENDED 30 JUNE 2013
Note 24. CASH FLOW INFORMATION
2013
$
2012
$
Reconciliation of cash flow from operations with loss after income tax
Loss after tax
(31,641,559)
(25,308,131)
Non cash items in loss after tax
Cost of share based payments
2,352,417
4,586,372
Depreciation of plant and equipment
2,345,456
2,723,075
Loss on disposal of fixed asset
48,205
-
Other non-cash flows in the income statement
220,397
154,708
Total foreign exchange impact on operating cash flows
3,677,962
(1,041,853)
Changes in assets and liabilities
Increase in debt liabilities
4,793,774
-
(Decrease)/increase in creditors & provisions
(430,769)
57,900
(Increase)/decrease in inventories
(565,617)
377,417
(Increase)/decrease in other debtors and prepayments
(259,393)
1,536,519
Net cash used in operating activities
(19,459,127)
(16,913,993)
Cash and cash equivalents at the end
of the year is shown in the accounts as:
Cash and cash equivalents
19,629,458
59,070,799
Cash and cash equivalents at the end of the financial year
19,629,458
59,070,799
