›
› Consolidated Statement of Comprehensive Income for the financial year ended 30 June 2011
Note Employee and contractors expenses
2011 $ (350,448)
Depreciation expense
13
2010 $ (36,624)
(22,420)
(79)
Consultants expenses
(223,397)
(115,282)
Occupancy expenses
(67,921)
(43,291)
Marketing expenses Exploration and evaluation expenses Provision against recoverability of loan
(35,631)
(42,513)
4
(18,562,689)
(875,820)
14
(14,108)
Other expenses Loss from operating activities Finance income
5
Finance costs
6
Net finance costs Loss before income tax expense/benefit Income tax expense/benefit
7
Loss attributable to owners of the Company
–
(188,458)
(114,275)
(19,465,072)
(1,227,884)
608,071
65,393
(930,966)
(14,927)
(322,895)
50,466
(19,787,967)
(1,177,418)
– (19,787,967)
– (1,177,418)
Other comprehensive income for the year Foreign currency translation differences for foreign operations
514,306
Total comprehensive loss for the year attributable to owners of the Company
(29,030)
(19,273,661)
(1,206,448)
Loss per share: Basic (cents per share)
21
(30.66)
(2.99)
Diluted (cents per share)
21
(30.66)
(2.99)
The accompanying notes form part of the consolidated financial statements.
S C A N D I N A V I A N R E S O U R C E S annua l repor t 2 0 1 1
27