Page 44 - Sun Resources 2014 Annual Report

CONSOLIDATED STATEMENT OF PROFIT
OR LOSS AND OTHER COMPREHENSIVE
INCOME  FOR THE YEAR ENDED 30 JUNE 2014
Consolidated
Note 2014 2013
$ $
Revenue from continuing operations 3a 581,593 299,607
Other income 3b 229,807 450,917
Administration expense (1,152,345) (1,059,664)
Depreciation and amortisation expense 3c (806,714) (479,451)
Employee benefits expense (1,199,981) (816,018)
Exploration and evaluation expenditure 3d (23,451,687) (4,798,053)
Finance expense 3e (6,158) -
Occupancy expense (263,402) (124,533)
Production impairment expense 3f (1,779,378) (2,929,104)
Share-based payment expenses 12 - (791,697)
Loss before income tax expense (27,848,265) (10,247,996)
Income tax expense 4 - -
Loss for the year after income tax (27,848,265) (10,247,996)
Other comprehensive income
Foreign exchange translation reserve movement 13 824,537 6,682,222
Other comprehensive income for the period, net of income tax 824,537 6,682,222
Total loss and other comprehensive loss for the period attributable to
owners of Sun Resources (27,023,728) (3,565,774)
Basic loss per share (cents) 25 (1.105) (0.573)
The above Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the notes to
the Consolidated Financial Statements.
42 SUN RESOURCES ANNUAL REPORT 2014