34 Consolidated Statement of Financial Position 35 Consolidated Statement of Changes in Equity 36 Consolidated Statement of Cash Flows 37 Notes to the Consolidated Financial Statements 60 Directors’ Declaration 61 Independent Auditor’s Report 65 Shareholder Information 67 Tenement Schedule 68 Corporate Directory 1 Sheffield Resources Limited Annual Report 2023 CONTENTS FINANCIAL STATEMENTS YEAR IN REVIEW DIRECTORS’ REPORT CORPORATE DIRECTORY SHAREHOLDER INFORMATION Sheffield Resources is focused on the development of the flagship Thunderbird Mineral Sands Project, one of the world’s largest, undeveloped zircon-rich mineral sands deposits. Contents 2 Chair’s Letter 4 Review of Operations 10 Board of Directors and Company Secretary 13 Ore Reserves and Mineral Resources 16 Directors’ Report 20 Remuneration Report (audited) 31 Auditor’s Independence Declaration 33 Consolidated Statement of Profit or Loss and Other Comprehensive Income
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