the worldwide provision for income taxes. There 
are certain transactions and calculations under-
taken during the ordinary course of business for 
which the ultimate tax determination is uncer-
tain. The Group estimates its tax liabilities based 
on the Group understanding of the tax law. 
Where the final tax outcome of these matters is 
different from the amounts that were initially 
recorded, such differences will impact the 
current and deferred income tax assets and 
liabilities in the period in which such determina-
tion is made.
(x)  Capitalisation of borrowing costs  
to exploration, evaluation and 
development 
The Group’s funding of Bowdens Silver Project 
included borrowings of $35,000,000. In applying 
the Group’s accounting policy on borrowing 
costs (see Note 2s), the Bowdens Silver Project 
is considered to be a qualifying asset as defined 
in AASB 123. As such finance costs in relation to 
these borrowings have been capitalised as part 
of the Bowdens Silver Project.
4. Segment information
The Group’s operating segments are based on 
the internal management reports that are 
reviewed and used by the Board of Directors 
(chief operating decision maker). The operating 
segments represent the Group’s operating 
mines and projects and include the following:
〉〉 Chatree Mine, Thailand;
〉〉 Challenger Mine, South Australia, Australia;
〉〉 Bowdens Silver Project, New South Wales, 
Australia;
〉〉 Nueva Esperanza Silver / Gold Project, Chile; 
and
〉〉 Exploration, South East Asia.
Information regarding the results of each  
reportable segment is included as follows: