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