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ANNUAL REPORT 2006

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P L AT I N U M A U S T R A L I A A N N U A L R E P O R T 2 0 0 6<br />

NOTES TO THE FINANCIAL STATEMENTS<br />

FOR THE YEAR ENDED 30 JUNE <strong>2006</strong><br />

NOTE 13: CONTRIBUTED EQUITY AND RESERVES (continued)<br />

Movements during the Year No of shares $<br />

Fully Paid Shares<br />

Balance at 30 June 2004 81,391,218 22,936,942<br />

Options Conversions (30.11.06 @ 20c)<br />

Options Conversions (01.09.04 @ 20c)<br />

Placement (November 2004)<br />

Placement (December 2004)<br />

Share issue costs<br />

Balance at 30 June 2005<br />

21,053 4,212<br />

252 48<br />

12,200,000 2,440,000<br />

6,000,000 1,200,000<br />

- (194,200)<br />

99,612,523 26,387,002<br />

Placement (July 2005)<br />

Purchase payments<br />

Placement (October 2005)<br />

Unlisted options conversion<br />

Placement (December 2005)<br />

Placement (May 2005)<br />

Options conversions<br />

Share issue costs<br />

Balance at 30 June <strong>2006</strong><br />

25,000,000 2,750,000<br />

450,000 63,000<br />

18,300,000 3,660,000<br />

200,000 40,000<br />

11,700,000 2,340,000<br />

22,235,399 21,123,628<br />

1,517,359 303,472<br />

- (1,480,297)<br />

179,015,281 55,186,805<br />

Terms and conditions<br />

Holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one vote<br />

per share at shareholders’ meetings.<br />

In the event of winding up of the parent entity, ordinary shareholders rank after all creditors and are fully entitled to<br />

any proceeds of liquidation.<br />

Accumulated losses: Consolidated Parent<br />

<strong>2006</strong><br />

$<br />

Balance at the beginning of the year (24,552,957) (21,366,584) (24,552,957) (21,366,584)<br />

Loss from ordinary activities (5,002,251) (3,186,373) (7,810,550) (3,186,373)<br />

Balance at the end of the year (29,555,208) (24,552,957) (32,363,507) (24,552,957)<br />

2005<br />

$<br />

<strong>2006</strong><br />

$<br />

2005<br />

$<br />

page 58

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