20974 29Metals AR23 WEB V1 - Flipbook - Page 165
2023 key
results
86
Chair letter and
CEO report
About
29Metals
Our
assets
Sustainability
& ESG Report
Mineral Resources
and Ore Reserves
Annual
Financial Report
161
29Metals Appendix 4E and Annual Financial Report for 29Metals Limited and its Controlled Entities for the year ended 31 December 2023
Consolidated Financial Statements
Note 16: Other financial assets
ƵƌƌĞŶƚ
ĂŶŬĚĞƉŽƐŝƚ
2023
2022
Note
$’000
$’000
ϮϮ͕ϯϴ;ďͿ
ϭϮ͕ϱϬϬ
ϭϮ͕ϱϬϬ
^ĞĐƵƌŝƚLJĚĞƉŽƐŝƚ
ϮϬ
ϭϴ
KƚŚĞƌĨŝŶĂŶĐŝĂůĂƐƐĞƚƐ
ϭϮ͕ϱϮϬ
ϭϮ͕ϱϭϴ
2023
2022
ZĞĨĞƌƚŽEŽƚĞϯϴ;ďͿĨŽƌŝŶĨŽƌŵĂƚŝŽŶƌĞŐĂƌĚŝŶŐĐŽŶƚŝŶŐĞŶƚůŝĂďŝůŝƚŝĞƐĂŶĚƚŽEŽƚĞϮϮĨŽƌŝŶĨŽƌŵĂƚŝŽŶƌĞŐĂƌĚŝŶŐŽƚŚĞƌƉĂLJĂďůĞƐ͘
Note 17: Exploration and evaluation expenditure
ĂůĂŶĐĞĂƚƚŚĞďĞŐŝŶŶŝŶŐŽĨƚŚĞLJĞĂƌ
džƉĞŶĚŝƚƵƌĞĨŽƌƚŚĞLJĞĂƌ
Note
$’000
$’000
ϯϯ͕ϭϲϵ
ϰϱ͕ϰϲϯ
ϯ͕Ϯϵϵ
ϭϲ͕ϵϭϲ
ϭϴ
;Ϯ͕ϬϳϰͿ
;Ϯϵ͕ϭϵϲͿ
tƌŝƚĞͲŽĨĨ
;ϱ͕ϬϵϮͿ
Ͳ
&ŽƌĞŝŐŶĐƵƌƌĞŶĐLJĞdžĐŚĂŶŐĞĚŝĨĨĞƌĞŶĐĞ
;ϰϯϵͿ
;ϭϰͿ
ĂůĂŶĐĞĂƚƚŚĞĞŶĚŽĨƚŚĞLJĞĂƌ
Ϯϴ͕ϴϲϯ
ϯϯ͕ϭϲϵ
dƌĂŶƐĨĞƌƌĞĚƚŽDŝŶĞƉƌŽƉĞƌƚŝĞƐ
ZĞĐŽǀĞƌĂďŝůŝƚLJŽĨƚŚĞĐĂƌƌLJŝŶŐĂŵŽƵŶƚŽĨĞdžƉůŽƌĂƚŝŽŶĂŶĚĞǀĂůƵĂƚŝŽŶĂƐƐĞƚƐŝƐĚĞƉĞŶĚĞŶƚŽŶƚŚĞƐƵĐĐĞƐƐĨƵůĚĞǀĞůŽƉŵĞŶƚĂŶĚĐŽŵŵĞƌĐŝĂůĞdžƉůŽŝƚĂƚŝŽŶŽĨ
ĂƌĞĂƐŽĨŝŶƚĞƌĞƐƚĂŶĚƚŚĞƐĂůĞŽĨŵŝŶĞƌĂůƐ͕ŽƌƚŚĞƐĂůĞŽĨƚŚĞƌĞƐƉĞĐƚŝǀĞĂƌĞĂƐŽĨŝŶƚĞƌĞƐƚ͘
dŚĞ'ƌŽƵƉǁƌŽƚĞŽĨĨΨϱ͕ϬϵϮ͕ϬϬϬŽĨĞdžƉůŽƌĂƚŝŽŶĂŶĚĞǀĂůƵĂƚŝŽŶĞdžƉĞŶĚŝƚƵƌĞĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚϯϭĞĐĞŵďĞƌϮϬϮϯ;ϮϬϮϮ͗ΨŶŝůͿ͘
Recognition and measurement
džƉůŽƌĂƚŝŽŶĂŶĚĞǀĂůƵĂƚŝŽŶĂĐƚŝǀŝƚŝĞƐŝŶĐůƵĚĞĞdžƉĞŶĚŝƚƵƌĞƚŽŝĚĞŶƚŝĨLJƉŽƚĞŶƚŝĂůŵŝŶĞƌĂůƌĞƐŽƵƌĐĞƐ͕ĚĞƚĞƌŵŝŶĞƚŚĞƚĞĐŚŶŝĐĂůĨĞĂƐŝďŝůŝƚLJĂŶĚĂƐƐĞƐƐƚŚĞ
ĐŽŵŵĞƌĐŝĂůǀŝĂďŝůŝƚLJŽĨƚŚĞƉŽƚĞŶƚŝĂůŵŝŶĞƌĂůƌĞƐŽƵƌĐĞƐ͘
džƉůŽƌĂƚŝŽŶĂŶĚĞǀĂůƵĂƚŝŽŶĞdžƉĞŶĚŝƚƵƌĞŝŶƌĞůĂƚŝŽŶƚŽƐĞƉĂƌĂƚĞĂƌĞĂƐŽĨŝŶƚĞƌĞƐƚĨŽƌǁŚŝĐŚƌŝŐŚƚƐŽĨƚĞŶƵƌĞĂƌĞĐƵƌƌĞŶƚŝƐĐĂƌƌŝĞĚĨŽƌǁĂƌĚĂƐĂŶĂƐƐĞƚŝŶƚŚĞ
ŽŶƐŽůŝĚĂƚĞĚ^ƚĂƚĞŵĞŶƚŽĨ&ŝŶĂŶĐŝĂůWŽƐŝƚŝŽŶǁŚĞƌĞŝƚŝƐĞdžƉĞĐƚĞĚƚŚĂƚƚŚĞĞdžƉĞŶĚŝƚƵƌĞǁŝůůďĞƌĞĐŽǀĞƌĞĚƚŚƌŽƵŐŚƚŚĞƐƵĐĐĞƐƐĨƵůĚĞǀĞůŽƉŵĞŶƚŽĨĂŶĂƌĞĂ
ŽĨŝŶƚĞƌĞƐƚ͕ŽƌďLJŝƚƐƐĂůĞ͕ŽƌĞdžƉůŽƌĂƚŝŽŶĂĐƚŝǀŝƚŝĞƐĂƌĞĐŽŶƚŝŶƵŝŶŐŝŶĂŶĂƌĞĂĂŶĚĂĐƚŝǀŝƚŝĞƐŚĂǀĞŶŽƚƌĞĂĐŚĞĚĂƐƚĂŐĞǁŚŝĐŚƉĞƌŵŝƚƐĂƌĞĂƐŽŶĂďůĞĞƐƚŝŵĂƚĞŽĨ
ƚŚĞĞdžŝƐƚĞŶĐĞŽƌŽƚŚĞƌǁŝƐĞŽĨĞĐŽŶŽŵŝĐĂůůLJƌĞĐŽǀĞƌĂďůĞƌĞƐĞƌǀĞƐ͘
tŚĞƌĞĂƉƌŽũĞĐƚŽƌĂŶĂƌĞĂŽĨŝŶƚĞƌĞƐƚŚĂƐďĞĞŶĂďĂŶĚŽŶĞĚ͕ƚŚĞĞdžƉĞŶĚŝƚƵƌĞŝŶĐƵƌƌĞĚŽŶƚŚĂƚĂƌĞĂŽĨŝŶƚĞƌĞƐƚŝƐǁƌŝƚƚĞŶŽĨĨŝŶƚŚĞLJĞĂƌŝŶǁŚŝĐŚƚŚĞ
ĚĞĐŝƐŝŽŶŝƐŵĂĚĞ͘
ƌĞŐƵůĂƌƌĞǀŝĞǁŝƐƵŶĚĞƌƚĂŬĞŶŽĨĞĂĐŚĂƌĞĂŽĨŝŶƚĞƌĞƐƚƚŽĚĞƚĞƌŵŝŶĞƚŚĞĂƉƉƌŽƉƌŝĂƚĞŶĞƐƐŽĨĐŽŶƚŝŶƵŝŶŐƚŽĐĂƌƌLJĨŽƌǁĂƌĚĐŽƐƚƐŝŶƌĞůĂƚŝŽŶƚŽƚŚĂƚĂƌĞĂŽĨ
ŝŶƚĞƌĞƐƚ͘ŶŝŵƉĂŝƌŵĞŶƚŽĐĐƵƌƐǁŚĞŶƚŚĞĐĂƌƌLJŝŶŐǀĂůƵĞŽĨĞdžƉĞŶĚŝƚƵƌĞĞdžĐĞĞĚƐŝƚƐĞƐƚŝŵĂƚĞĚƌĞĐŽǀĞƌĂďůĞĂŵŽƵŶƚ͘dŚĞĂƌĞĂŽĨŝŶƚĞƌĞƐƚŝƐƚŚĞŶǁƌŝƚƚĞŶ
ĚŽǁŶƚŽŝƚƐƌĞĐŽǀĞƌĂďůĞĂŵŽƵŶƚĂŶĚƚŚĞŝŵƉĂŝƌŵĞŶƚůŽƐƐĞƐĂƌĞƌĞĐŽŐŶŝƐĞĚŝŶƚŚĞŽŶƐŽůŝĚĂƚĞĚ^ƚĂƚĞŵĞŶƚŽĨŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ͘
KŶĐĞƚŚĞƚĞĐŚŶŝĐĂůĨĞĂƐŝďŝůŝƚLJĂŶĚĐŽŵŵĞƌĐŝĂůǀŝĂďŝůŝƚLJŽĨƚŚĞĞdžƚƌĂĐƚŝŽŶŽĨŵŝŶĞƌĂůƌĞƐŽƵƌĐĞƐŝŶĂŶĂƌĞĂŽĨŝŶƚĞƌĞƐƚĂƌĞĚĞŵŽŶƐƚƌĂďůĞ͕ĞdžƉůŽƌĂƚŝŽŶĂŶĚ
ĞǀĂůƵĂƚŝŽŶĂƐƐĞƚƐĂƚƚƌŝďƵƚĂďůĞƚŽƚŚĂƚĂƌĞĂŽĨŝŶƚĞƌĞƐƚĂƌĞĨŝƌƐƚƚĞƐƚĞĚĨŽƌŝŵƉĂŝƌŵĞŶƚĂŶĚƚŚĞŶƌĞĐůĂƐƐŝĨŝĞĚƚŽŵŝŶĞƉƌŽƉĞƌƚŝĞƐ͘
EŽĂŵŽƌƚŝƐĂƚŝŽŶŝƐĐŚĂƌŐĞĚĚƵƌŝŶŐƚŚĞĞdžƉůŽƌĂƚŝŽŶĂŶĚĞǀĂůƵĂƚŝŽŶƉŚĂƐĞ͘
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