CONSOLIDATED STATEMENT OF FINANCIAL POSITION 
             
 
For the year ended 31 December 
 
Note 
2014 
US$’000 
2013 
US$’000 
CURRENT ASSETS    
Cash and cash equivalents 11 69,217    96,871 
Trade and other receivables 12 25,994 28,748 
Derivative financial instruments  13 7,801 - 
Income tax receivable  2,697 - 
Other current assets 15         8,336         4,038 
CURRENT ASSETS  114,045 129,657 
Assets held for sale 6                  -       11,593 
TOTAL CURRENT ASSETS  114,045 141,250 
    NON-CURRENT ASSETS    
Development and production assets 16 519,013 312,230 
Exploration and evaluation expenditure 18 155,130 166,144 
Property and equipment 19 1,554 1,047 
Derivative financial instruments 13 1,782 176 
Deferred tax assets 24 3,998 2,303 
Other non-current assets 20             998          2,019 
TOTAL NON-CURRENT ASSETS      682,475      483,919 
    TOTAL ASSETS      796,520    625,169 
    CURRENT LIABILITIES    
Trade and other payables 21 46,861 62,811 
Accrued expenses 21 72,333 66,273 
Income tax payable  - 11,443 
Derivative financial instruments 13             130             335 
CURRENT LIABILITIES      119,324     140,862 
Liabilities held for sale 6 - 109 
TOTAL CURRENT LIABILITIES      119,324     140,971 
    NON-CURRENT LIABILITIES    
Derivative financial instruments 13 - 31 
Credit facilities, net of deferred financing fees 22 128,805 29,141 
Restoration provision 23 8,866 5,074 
Deferred tax liabilities  24    102,668     102,711 
Other non-current liabilities           1,851                  - 
TOTAL NON-CURRENT LIABILITIES      242,190     136,957 
    TOTAL LIABILITIES      361,514     277,928 
    NET ASSETS      435,006      347,241 
    EQUITY    
Issued capital 25  306,853    237,008   
Share option reserve 26 7,550 5,635 
Foreign currency translation 26 (832) (1,516) 
Retained earnings      121,435     106,114 
TOTAL EQUITY      435,006      347,241 
 
The accompanying notes are an integral part of these consolidated financial statements
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