Statement Of Financial Position As At 31 December 2017

Notes 2017 USD 2016 USD
ASSETS
Non current assets
Property, plant and equipment 14 107 569 137 119 261 362
Investment property 15 4 490 000 4 490 000
Investments accounted for using the equity method 16 14 753 031 14 816 144
Intangible assets 17 699 311 968 842
Inventories – non current portion 18 8 138 714 9 218 421
135 650 193 148 754 769
Current assets
Stripping activity asset 19 8 871 563
Inventories 20 13 413 017 15 228 838
Trade and other receivables 21 31 427 775 18 295 306
Cash and cash equivalents 23 8 864 181 340 024
62 576 536 33 864 168
Total assets 198 226 729 182 618 937
EQUITY AND LIABILITIES
Capital and reserves
Share capital 24.1 45 962 789 45 962 789
Share premium 24.2 577 956 577 956
Non-distributable reserve 24.3 4 358 468 4 358 468
Revaluation reserve 24.4 39 948 518 39 948 518
Accumulated losses (302 429 693 ) (258 591 953)
(211 581 962 ) (167 744 222)
Non current liabilities
Finance lease liability 26 600 000 700 000
Borrowings 27.1 150 312 838 78 634 350
Long term creditors 28 210 226 850
Income tax liability 30 10 054 850
371 194 538 79 334 350
Current liabilities
Finance lease liability 26 390 969 377 161
Borrowings 27.2 12 396 334
Trade and other payables 28 24 364 013 237 037 122
Provisions 29 13 859 171 11 163 342
Current income tax liability 10 054 850
38 614 153 271 028 809
Total equity and liabilities 198 226 729 182 618 937