Financial Summary

X
Income Statement 2011
$'000
2012
$'000
2013
$'000
2014
$'000
2015
$'000
Revenue 129,059 170,477 413,937 378,593 206,975
Cost of Sales (95,127) (135,049) (327,031) (403,911) (232,728)
Gross Profit 33,932 35,428 86,906 (25,318) (25,753)
           
Exploration and Evaluation Expenses (791) (4.261) (18,737) (7,105) (30,522)
Impairment - - (52,864) (441,457) (400,283)
Administrative Expenses (5,982) (5.193) (20,887) (13,937) (9,935)
Foreign Exchange (755) 1,029 1,070 8,405 (1,670)
Operating Profit 26,404 27,003 (4,512) (479,412) (468,163)
           
Gain/(loss) on Financial Instruments (3,413) 6,739 (21,708) 175,246 155,326
Negative Goodwill 15,210 - 55,333 0 0
Gain on Asset Disposal - 205 1,526 3,030 26,600
Release of Exploration obligation - - 28,472 0 0
Profit Before Interest and Tax 38,201 33,947 59,111 (301,136) (286,237)
           
Finance Costs (1,521) (4,930) (19,364) (32,071) (40,254)
Interest Income 434 218 408 731 74
Profit before Tax 37,114 29,235 40,155 (332,476) (326,417)
           
Tax (1,246) 64,164 104,531 307,941 205,412
Profit after Tax 35,868 93,399 144,686 (24,535) (121,005)
           

Note: Figures from 2010 in accordance with IFRS, prior to this in accordance with Canadian GAAP.