INSTRUCTIONS - Realview

NOTES TO THE FINANCIAL STATEMENTSFor the year ended 30 June 2009Note 18 Mine propertiesconsolidatedparent entity2009 2008 2009 2008Non-current $’000 $’000 $’000 $’000Mine Properties – developmentAt beginning of the year 41,370 25,850 41,370 25,850Direct expenditure 62,426 32,113 62,426 32,113Transferred from exploration and evaluation 12,079 946 12,079 946Transferred from mines under construction 150,822 – 150,822 –New rehabilitation obligations – 1,438 – 1,438Mine development written off (46,508) – (46,508) –Adjustment to rehabilitation provision (645) (760) (645) (760)Amortisation for the year (34,203) (18,217) (34,203) (18,217)At end of the year 185,341 41,370 185,341 41,370Mines Under Construction (1)At beginning of the year 119,817 44,515 119,817 44,515Direct expenditure 28,682 68,721 28,682 68,721Capitalised amortisation of convertible notes transaction costs 303 1,312 303 1,312Net borrowing costs capitalised 2,020 5,269 2,020 5,269Transferred to mine properties (150,822) – (150,822) –At end of the year – 119,817 – 119,817Total Mine Properties 185,341 161,187 185,341 161,187(1) Mines under construction represented pre-production expenditure at Gwalia. The Gwalia mine commenced production in October 2008.Note 19 Exploration and evaluationconsolidatedparent entity2009 2008 2009 2008Non-current $’000 $’000 $’000 $’000Exploration and evaluationAt beginning of the year 25,778 18,188 25,778 18,188Acquired tenements 388 125 388 125Tenements written off – (20) – (20)Expenditure capitalised for the year 2,549 8,431 2,549 8,431Transferred to mine properties (12,079) (946) (12,079) (946)Exploration written off (8,417) – (8,417) –At end of the year 8,219 25,778 8,219 25,778stbarbara.com.au – Annual Report 2009: 77