Consolidated Statement of Financial Position as at 30 June 2023 Note 2023 $’000 2022 $’000 Current assets Cash and cash equivalents 10 24,407 40,223 Trade and other receivables 11 64 42 Total current assets 24,471 40,265 Non-current assets Investment in joint venture 8 143,938 115,535 Convertible loan 12 1,508 – Total non-current assets 145,446 115,535 Total assets 169,917 155,800 Current liabilities Trade and other payables 13 183 112 Provisions 14 119 62 Total current liabilities 302 174 Total liabilities 302 174 Net assets 169,615 155,626 Equity Issued capital 15 155,309 133,091 Reserves 16 13,691 13,310 Retained earnings 17 615 9,225 Total equity 169,615 155,626 The consolidated statement of financial position should be read in conjunction with the accompanying notes. 34 Sheffield Resources Limited Annual Report 2023
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