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55<br />
NORTHERN MINERALS LIMITED<br />
CONSOLIDATED STATEMENT OF FINANCIAL POSITION<br />
AS AT 30 June 2021<br />
Note<br />
2021<br />
$<br />
<strong>2020</strong><br />
$<br />
Current assets<br />
Cash and cash equivalents 8 (a) 19,897,420 6,660,568<br />
Trade and other receivables 8 (b) 4,669,108 24,315,603<br />
Inventories 10 (b) 885,842 992,099<br />
Total Current Assets 25,452,370 31,968,270<br />
Non-current assets<br />
Other financial assets 8 (c) 74,138 60,523<br />
Property, plant and equipment 10 (a) 12,239,776 10,451,003<br />
Total Non-Current Assets 12,313,914 10,511,526<br />
Total assets 37,766,284 42,479,796<br />
Current liabilities<br />
Trade and other payables 8 (d) 1,430,157 11,364,370<br />
Interest bearing liabilities 8 (e) 73,059 5,828,193<br />
Deferred revenue 8 (f) 845,254 7,521,406<br />
Provisions 10 (c) 1,071,946 1,106,518<br />
Total Current Liabilities 3,420,416 25,820,487<br />
Non-current liabilities<br />
Interest bearing liabilities 8 (e) 219,280 25,485<br />
Provisions 10 (c) 5,129,440 4,977,310<br />
Total Non-Current Liabilities 5,348,720 5,002,795<br />
Total liabilities 8,769,136 30,823,282<br />
Net assets 28,997,148 11,656,514<br />
Equity<br />
Issued Capital 11 (a) 270,152,158 243,671,335<br />
Reserves 11 (g) 1,143,529 12,521,187<br />
Accumulated losses (242,298,539) (244,536,008)<br />
Total equity 28,997,148 11,656,514<br />
The above consolidated statement of financial position should be read in conjunction with the<br />
accompanying notes<br />
23<br />
NORTHERN MINERALS _ ANNUAL REPORT 2021
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