16.10.2022 Views

Aeris Annual Report 2022

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Aeris</strong> Resources Limited<br />

Notes to the consolidated financial statements<br />

30 June <strong>2022</strong><br />

25. Remuneration of auditors<br />

During the financial year the following fees were paid or payable for services provided by PricewaterhouseCoopers, the<br />

auditor of the Company, and its network firms:<br />

<strong>2022</strong> 2021<br />

$ $<br />

Audit services – PricewaterhouseCoopers<br />

Audit or review of the financial statements 394,740 481,043<br />

Other services – PricewaterhouseCoopers<br />

Tax advisory 327,909 214,013<br />

Tax compliance 90,066 237,204<br />

417,975 451,217<br />

Total remuneration of PricewaterhouseCoopers Australia 812,715 932,260<br />

Other services – network firms<br />

Tax compliance - 12,601<br />

It is the consolidated entity's policy to employ the auditors on assignments additional to their statutory audit duties where<br />

their expertise and experience with the consolidated entity are important. These assignments are principally for taxation<br />

advice.<br />

26. Contingent liabilities<br />

<strong>Aeris</strong> provides environmental bonding in relation to its operations in Queensland and New South Wales. During the year<br />

ended 30 June <strong>2022</strong>, <strong>Aeris</strong> transferred its cash back bank guarantees, to the ANZ CI facility, returning $20.8 million in cash<br />

held against bank guarantees. As at 30 June <strong>2022</strong>, <strong>Aeris</strong> has $31.0 million in bank guarantees.<br />

Please refer to note 33 for additional information regarding events after the report period that impact the above<br />

arrangements.<br />

27. Commitments<br />

<strong>2022</strong> 2021<br />

$'000 $'000<br />

Exploration and mining leases<br />

Committed at the reporting date but not recognised as liabilities, payable:<br />

Within one year 5,662 18,744<br />

One to five years 18,762 3,838<br />

24,424 22,582<br />

The items disclosed in the table above represent the minimum lease expenditure requirements of the consolidated entity.<br />

28. Related party transactions<br />

AERIS ANNUAL REPORT <strong>2022</strong><br />

Parent entity<br />

<strong>Aeris</strong> Resources Limited is the parent entity.<br />

36<br />

112

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!