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Annual Financial Statements for 2009: Download pdf
Annual Financial Statements for 2008: Download pdf
Annual Financial Statements for 2007: Download pdf
Annual Financial Statements for 2006: Download pdf
Historic income statements:
|
|
Historic Feb 2006
US $ |
Historic Feb 2007
US $ |
Historic Feb 2008
US $ |
Historic Feb
2009
US $ |
| Turnover- Management fees - continuing operations |
55,556 |
139,722 |
47,500 |
0 |
| Turnover - Interest receivable - continuing operations |
87,161 |
141,583 |
136,161 |
42,983 |
| Turnover- Total |
142,717 |
281,305 |
183,661 |
42,983 |
| Exploration costs - continuing operations |
0 |
0 |
(105,793) |
(145,189) |
| Exploration costs - discontinued operations |
(2,498,919) |
(759,626) |
0 |
0 |
| Gross profit/Loss |
(2,356,202) |
(478,321) |
77,868 |
(102,206) |
| Operating expenses - continuing operations |
(1,361,673) |
(490,857) |
(847,189) |
(1,008,444) |
| Profit on disposal of fixed assets – discontinued operations |
0 |
290,929 |
0 |
0 |
| Loss for the financial year |
3,717,875) |
(678,249) |
(769,321) |
(1,110,650) |
1. Audited financial results prepared in US dollar, an exchange rate of R7:$1 was applied to
above figures
2. Audited financial results prepared in US dollar, an exchange rate of R7.76:$1 was applied to
above figures
Historic balance sheets
|
|
Historic Feb 2006
US $ |
Historic Feb 2007
US $ |
Historic Feb 2008
US $ |
Historic Feb 2009
US $ |
| Non-current assets |
|
|
|
|
| Fixed assets |
135,826 |
30,490 |
21,016 |
12,026 |
| Current assets |
|
|
|
|
| Receivables and prepayments |
394,563 |
48,540 |
19,195 |
19,195 |
| Cash |
3,321,151 |
3,103,109 |
2,336,447 |
1,233,834 |
| Total assets |
3,851,540 |
3,182,139 |
2,376,658 |
1,265,055 |
| Capital and reserves |
|
|
|
|
| Share capital |
2,354,482 |
2,354,482 |
2,354,482 |
2,354,482 |
| Share premium |
13,849,554 |
13,849,554 |
13,849,554 |
13,849,554 |
| Other reserves |
555,110 |
555,110 |
555,110 |
555,110 |
| Accumulated funds/loss and exchange rate differences |
(12,977,437) |
(13,655,686) |
(14,425,007) |
(15,535,657) |
| Current liabilities |
|
|
|
|
| Trade payables and accruals |
69,831 |
78,679 |
42,519 |
41,566 |
| Total equity and liabilities |
3,851,540 |
3,182,139 |
2,376,658 |
1,265,055 |
1. Audited financial results prepared in US dollars, an exchange rate of R7:$1 was applied to
above figures
2. Audited financial results prepared in US dollars, an exchange rate of R7.76:$1 was applied to
above figures save for notes 3 and 4 below
3. Capital and reserves translated at R7:$1, as figures originated in prior years
4. Includes accumulated funds/loss and exchange rate difference applicable to current and prior years |
