Note 30-June-22 $ 30-June-21 $ Assets Current assets Cash and cash equivalents 8 35,570,347 10,683,656 Other receivables 9 155,982 167,047 Other financial assets 11 150,000 51,852 Receivable from farm-out arrangement 16 3,648,597 - Total current assets 39,524,926 10,902,555 Non-current assets Financial assets at fair value through other comprehensive income 10 - 3,478,789 Plant and equipment 12 - 31,637 Deposits 12,590 12,590 Exploration and evaluation 13 10,709,762 1,176,994 Total non-current assets 10,722,352 4,700,010 Total assets 50,247,278 15,602,565 Liabilities Current liabilities Trade and other payables 14 12,903,444 735,946 Provisions 15 171,350 159,366 Advances from farm-out arrangement 16 - 7,617,634 Total current liabilities 13,074,794 8,512,946 Non-current liabilities Provisions 15 222 39 Total non-current liabilities 222 39 Total liabilities 13,075,016 8,512,985 Net assets 37,172,262 7,089,580 Equity Issued capital 17 303,177,819 280,302,775 Reserves 18 639,340 (1,353,836) Accumulated losses (266,644,897) (271,859,359) Total equity 37,172,262 7,089,580 The above consolidated statement of financial position should be read in conjunction with the accompanying notes Consolidated Statement of Financial Position as at 30 June 2022 24 Melbana Energy Limited Annual Report 2022
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