Note 11. Property, plant and equipment (continued) Reconciliations At Cost Surface Equipment and Facilities Motor Vehicles and Trucks Total Balance at 1 July 2023 – – – Additions – – – Disposals – – – Balance at 30 June 2024 – – – Additions 1,274,383 90,151 1,364,534 Disposals – – – Balance at 30 June 2025 1,274,383 90,151 1,364,534 Accumulated Depreciation Balance at 1 July 2023 – – – Charge for the year – – – Balance at 30 June 2024 – – – Charge for the year – (6,010) (6,010) Balance at 30 June 2025 – (6,010) (6,010) Carrying Amount at 30 June 2025 1,274,383 84,141 1,358,524 Carrying Amount at 30 June 2024 – – – Note 12. Exploration and evaluation Consolidated 30-June-25 $ 30-June-24 $ Exploration and evaluation– at cost 47,690,555 44,894,829 Reconciliations Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below: Block 9 $ NT/P87 $ WA-544-P $ AC/P70 $ WA-552-P $ Total $ Balance at 1 July 2023 17,029,969 430,092 286,673 1,103,895 – 18,850,629 Additions 24,778,336 89,795 111,841 1,064,228 – 26,044,200 Disposals – – – – – – Balance at 30 June 2024 41,808,305 519,887 398,514 2,168,123 – 44,894,829 Additions 2,292,152 53,075 37,918 396,665 15,916 2,795,726 Disposals – – – – – – Balance at 30 June 2025 44,100,457 572,962 436,432 2,564,788 15,916 47,690,555 Significant judgement is required in determining whether it is likely that future economic benefits will be derived from capitalised exploration and evaluation expenditure. In the judgement of the Directors, at 30 June 2025 exploration activities in each area of interest, where costs are carried forward, have not yet reached a stage which permits a reasonable assessment of the existence or otherwise of economically recoverable reserves. Active and significant operations in relation to each area of interest are continuing and nothing has come to the attention of the Directors to indicate future economic benefits will not be achieved. The Directors are continually monitoring the areas of interest and are exploring alternatives for funding the development of areas of interest when economically recoverable reserves are confirmed. 61 Melbana Energy Limited Annual Report 2025
RkJQdWJsaXNoZXIy MjE2NDg3