Investor Presentaiton
Armour Energy and controlled entities
Financial report continued
Consolidated statement of changes in equity
Consolidated statement of cash flows
armourenergy.com.au
Issued
Reserves Accumulated
Total equity
capital
$
$
losses
$
$
96,367,882
7,474,762 (58,996,813)
44,845,831
(11,683,748)
(11,683,748)
Interest Paid
(1,488,893)
(1,488,893)
(1,488,893)
(11,683,748)
(13,172,641)
Cash flows from operating activities
Receipts from customers (inclusive of GST)
Payments to suppliers and employees (inclusive of GST)
Payments for production
Interest received
Note
Consolidated
30 June 2020
24,101,194
(17,702,339)
(3,280,452)
122,597
30 June 2019
30,029,497
(28,593,632)
(2,635,131)
(20,521)
(20,521)
2,893,012
(5,381,801)
2,893,012
5,381,801
154,126
10,265,776
(298,366)
49,410
154,126
10,265,776
(298,366)
49,410
(250,000)
42,136
250,000
Government grant
Net cash used in operating activities
Cash flows from investing activities
Payment for financial assets
Receipt for sale of exploration asset
Refund/(payments) for security deposits
Payments for property, plant, and equipment
Payments for oil and gas assets
Payments for exploration and evaluation
Payments for intangible assets
Grant funds received in relation to oil and gas assets
Farm-in Agreement funds received for exploration assets
(6,571,932)
283,131
203,791
(6,759,126)
8,884
112
(3,047,801)
(7,745,717)
(450,000)
500,000
257,018
(22,006,044)
(2,497,128)
(224,636)
(214,079)
(22,187)
(16,713,985)
(169,367)
2,596,054
3,431,165
15,000,000
42,136
Net cash used in investing activities
(6,824,736)
(13,688,453)
106,538,828
3,268,695 (65,048,760)
44,758,763
Issued
capital
$
Reserves Accumulated
Total equity
Cash flows from financing activities
Proceeds from issue of shares
$
losses
$
Proceeds from issue of corporate bond
Proceeds from borrowings
27
23
8,433,734
23
10,138,450
55,000,000
6,759,200
Repayment of borrowings
23
106,538,828
3,268,695 (65,048,760)
44,758,763
Transaction costs on the issue of shares and notes
(3,850,000)
(690,670)
(43,388,436)
(2,954,495)
for personal use only
Balance at 1 July 2019
Adjustment for change in accounting policy
Balance at 1 July 2019 - restated
Loss after income tax expense for the year
Other Comprehensive income for the year, net of tax
Consolidated
Balance at 30 June 2019
Balance at 1 July 2018
Loss after income tax expense for the year
Other Comprehensive income for the year, net of tax
Total Comprehensive income for the year
Transactions with owners in their capacity as owners:
Value of conversion rights - convertible notes, net of issue costs
Value of conversion rights - Tribeca Loan facility, net of issue
costs
Transfer of conversion rights on redemption of convertible notes
Convertible notes converted into shares
Shares issued during the year
Share issue costs
Recognition of deferred tax assets relating to share issue costs
Reserve transfer - expired share-based payments
Share-based payments
Consolidated
Total Comprehensive income for the year
Transactions with owners in their capacity as owners:
Shares issued during the year
Share issue costs
Recognition of deferred tax assets relating to share issue costs
Share-based payments
Balance at 30 June 2020
56
36,620
36,620
Net cash from/ (used in) financing activities
106,538,828
3,268,695 (65,012,140) 44,795,383
(9,570,776) (9,570,776)
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the financial year
(1,041,248)
(1,041,248)
Cash and cash equivalents at the end of the financial year
(1,041,248)
(9,570,776)
(10,612,024)
8,338,854
(708,099)
212,800
73,699
67,534
5,382
8,338,854
(495,299)
73,699
72,916
114,310,816
2,445,629 (74,582,916)
42,173,529
3,893,064
25,554,719
(5,979,473)
9,225,176
4,120,549
5,104,627
11
3,245,703
9,225,176
57
40View entire presentation