Notes to the Financial Statements
77
Notes to the Financial Statements
continued
u
Operations Development Exploration Corporate Total Group
2013
Chatree 
$’000
Challenger 
$’000
Bowdens 
$’000
Nueva 
Esperanza 
$’000 $’000 $’000 $’000
External sales revenue 226,759 102,523 – – – – 329,282
Other revenue 166 513 – – 51 – 730
Total segment revenue 226,925 103,036 – – 51 – 330,012
Segment EBITDA 93,593 16,656 (234) (3,070) (298) (11,637) 95,010
Impairment – (311,850) – – (20,421) (537) (332,808)
Depreciation and amortisation (26,962) (58,474) (18) (32) – (109) (85,595)
Profit / (loss) before finance cost  
and income tax 66,631 (353,668) (252) (3,102) (20,719) (12,283) (323,393)
Finance income 2,103 153 6 – 10 315 2,587
Finance costs (10,716) (141) (6) (1,258) – (6,688) (18,809)
Net finance costs (8,613) 12 – (1,258) 10 (6,373) (16,222)
Profit / (loss) before tax 58,018 (353,656) (252) (4,360) (20,709) (18,656) (339,615)
Other segment information
Segment assets 540,422 42,892 106,564 63,378 4,618 12,114 769,988
Segment liabilities (205,089) (29,077) (1,346) (5,734) (1,331) (53,451) (296,028)
Segment intercompany assets / (liabilities) 46,588 (61,501) (21,909) (42,533) (14,775) 94,130 –
2012
External sales revenue 217,307 140,065 – – – – 357,372
Other revenue 281 819 – – 1,150 – 2,250
Total segment revenue 217,588 140,884 – – 1,150 – 359,622
Segment EBITDA 120,751 65,730 – (1,020) (519) (18,210) 166,732
Depreciation and amortisation (18,601) (48,723) – – – (229) (67,553)
Profit / (loss) before finance cost  
and income tax 102,150 17,007 – (1,020) (519) (18,439) 99,179
Finance income 335 256 9 1 11 857 1,469
Finance costs (4,558) (141) (5) (3) – (4,664) (9,371)
Net finance costs (4,223) 115 4 (2) 11 (3,807) (7,902)
Profit / (loss) before tax 97,927 17,122 4 (1,022) (508) (22,246) 91,277
Other segment information
Segment assets 493,647 379,434  87,974 50,481 28,555  8,368 1,048,459
Segment liabilities (131,314) (91,915) (926) ( 7,312) (882)  (40,297) (272,646)
Segment intercompany assets / (liabilities) (57,295) (29,085) ( 7,6 01) (21,946) (11,806)  127,73 3 –