Page 61 - Sun Resources Annual Report 2013

5 Cash and Cash Equivalents (continued)
Consolidated
2013 2012
$ $
a Reconciliation of (loss) after income tax with Cash Flow from Operations
(Loss) after income tax (10,247,996) (4,419,084)
Non-cash flows in profit/(loss)
- Depreciation and amortisation 479,350 6,810
- Exploration expenditure written off 4,798,053 1,799,717
- Production impairment expense 2,929,104 1,100,998
- Share-based payment 791,697 259,814
Changes in assets and liabilities
- (Increase)/decrease in trade and other receivables (325,442) 48,610
- Increase/(decrease) in trade and other payables 68,145 (93,542)
Cash flow from/(used in) operations (1,507,089) (1,296,677)
6 Trade and other Receivables – Current
Trade receivables 335,435 16,604
Other receivables 6,611 -
342,046 16,604
Trade receivables represents revenue earned but not yet received from the production and sale of oil, natural gas
and natural gas liquids and were not considered impaired at 30 June 2013.
7 Financial Assets - Current
Available-for-sale
- listed investments, at fair value - 900
Available-for-sale financial assets comprise investments in the ordinary issued capital of various entities. There are no
fixed returns or fixed maturity dates attached to these investments.
8 Receivables – Non-current
Exploration bonds receivable - 305,400
Exploration bonds receivable was in relation to L20/50 located in Thailand.
9 Plant and Equipment
Plant and equipment – at cost 61,102 49,708
- Accumulated depreciation (42,931) (36,090)
18,171 13,618
Furniture and fittings – at cost 150,301 19,778
- Accumulated depreciation (16,429) (15,168)
133,872 4,610
152,043 18,228
SUN RESOURCES ANNUAL REPORT 2013 59
NOTES TO AND FORMING PART OF THE CONSOLIDATED
FINANCIAL STATEMENTS