Annual Report 2010 - Ophir Energy
Annual Report 2010 - Ophir Energy
Annual Report 2010 - Ophir Energy
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group Accounts<br />
Group Statement of Financial Position<br />
As at 31 December <strong>2010</strong><br />
nOTes<br />
As AT<br />
31 Dec <strong>2010</strong><br />
Us$’000<br />
As AT<br />
31 Dec 2009<br />
Us$’000<br />
non-current assets<br />
Exploration and evaluation assets 9 270,043 238,295<br />
Property, plant and equipment 10 1,743 2,204<br />
Other financial assets 12 700 288<br />
272,486 240,787<br />
current assets<br />
Inventory 13 9,058<br />
9,116<br />
Trade and other receivables<br />
14 45,295<br />
1,136<br />
Other financial assets 12<br />
- 1,200<br />
Other current assets<br />
15<br />
130<br />
1,015<br />
Cash and short-term deposits<br />
16<br />
89,925<br />
135,077<br />
144,408<br />
147,544<br />
Total assets<br />
416,894<br />
388,331<br />
41<br />
<strong>Ophir</strong> energy plc | <strong>2010</strong> ANNUAL REPORT<br />
grOUp AccOUnTs | gROUP sTATEmENT Of fiNANCiAL POsiTiON<br />
Current liabilities<br />
Trade and other payables<br />
17<br />
(59,727)<br />
(13,461)<br />
Provisions<br />
18<br />
(611)<br />
(522)<br />
(60,338)<br />
(13,983)<br />
non-current liabilities<br />
Provisions<br />
18 (310)<br />
(252)<br />
(310) (252)<br />
Total liabilities<br />
(60,648) (14,235)<br />
net assets 356,246<br />
374,096<br />
capital and reserves<br />
Called up share capital<br />
19 (b) 1,042 1,041<br />
Share premium account 20 417,048 417,048<br />
Reserves 20 (61,844) (43,993)<br />
Total equity 356,246 374,096<br />
Approved by the Board on 28 March 2011<br />
nicholas smith<br />
Chairman<br />
Alan stein<br />
Managing Director
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