Xlete PLC

Consolidated statement of financial position

as of 31 December 2017

2017 2016

£ million £ million
Assets

Non-current assets

Exploration and evaluation assets 759 501

Mine properties 4,664 3,493

Property, plant and equipment 238 227

Intangible assets 53 27
Inventories 3 3
Investment in joint venture 114 98
Restricted cash 50 50
Deferred tax assets 83 57

Total non-current assets 5,964 4,456

Current assets
Inventories 123 112
Trade and other receivables 618 599
Cash and short-term deposits 458 489
Derivative financial assets 22 20

Total current assets 1,221 1,220

Total assets 7,185 5,676

Equity and liabilities

Equity

Issued capital 1,564 1,564

Retained earnings 3,020 2,325

Total shareholders’ equity 4,584 3,889

Non-current liabilities

Interest-bearing loans and borrowings 532 315

Deferred tax liabilities 394 330
Provisions 610 373

Total non-current liabilities 1,536 1,018

© Coventry University.
Licensed under a Creative Commons Attribution 4.0
International license.
Current liabilities

Accounts payable and accrued liabilities 589 536

Taxes payable 365 166
Interest-bearing loans and borrowings 82 51
Provisions 29 16

Total current liabilities 1,065 769

Total liabilities 2,601 1,787

Total shareholders’ equity and liabilities 7,185 5,676

© Coventry University.
Licensed under a Creative Commons Attribution 4.0
International license.