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Annual Report 2011 - Syrah Resources Ltd

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<strong>Syrah</strong> <strong>Resources</strong> Limited<br />

Statement of financial position<br />

As at 30 June <strong>2011</strong><br />

Consolidated<br />

Note <strong>2011</strong> 2010<br />

$ $<br />

Assets<br />

Current assets<br />

Cash and cash equivalents<br />

Trade and other receivables<br />

Total current assets<br />

Non-current assets<br />

Property, plant and equipment<br />

Exploration and evaluation<br />

Total non-current assets<br />

Total assets<br />

7 1,079,337 1,780,142<br />

8 128,449 24,165<br />

1,207,786 1,804,307<br />

9 5,903 5,978<br />

10 924,272 923,136<br />

930,175 929,114<br />

2,137,961 2,733,421<br />

Liabilities<br />

Current liabilities<br />

Trade and other payables<br />

Employee benefits<br />

Total current liabilities<br />

Non-current liabilities<br />

Employee benefits<br />

Total non-current liabilities<br />

Total liabilities<br />

Net assets<br />

Equity<br />

Contributed equity<br />

Reserves<br />

Accumulated losses<br />

Total equity<br />

11 116,979 269,887<br />

12 33,008 17,446<br />

149,987 287,333<br />

13 - 7,080<br />

- 7,080<br />

149,987 294,413<br />

1,987,974 2,439,008<br />

14 7,035,994 6,514,354<br />

15 191,825 178,755<br />

(5,239,845) (4,254,101)<br />

1,987,974 2,439,008<br />

The above statement of financial position should be read in conjunction with the accompanying notes<br />

19

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