text: <html>
          <head> <meta charset="UTF-8">
          <style>
          table, th, td {
              border: 1px solid black;
              font-size: 10px;
          }
          </style> </head>
          <body>
          <table frame="hsides" rules="groups" width="100%%">
              [html]<thead><tr><td>1.</td><td>Statement of Accounting Policies</td></tr></thead><tbody><tr><tdrowspan="2">The significant accounting policies that have been adopted in the preparation of this financial report are :</td><td>( d ) Acquisition of All assets acquir</td></tr><tr><td>( a ) Basis of preparation</td></tr><tr><tdrowspan="2">The financial report to a general purpose and support to addresses and support to addresses. The financial process they interventions they interventions they the protein to the access the protein to the accessible. Accessibles and then</td><td>cansideration provideration of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cancer of cana</td></tr><tr><td>Santos Group and are adopted in the previo ( b ) Principles of consoli</td></tr><tr><tdrowspan="2">( e ) Foreign currency Foreign currency</td><td>The consolidated financial statements of the Santos Group include the financial statements of the Company, Santos Ltd being the parent entity, and its controlled entitles.</td></tr><tr><td>the transactions. payable in foreigns. payable in foreigns. subtypes which existing on that differences relation or payable in foree payable in foree payable financial perform. which they arise.</td></tr><tr><tdrowspan="2">The balances and effects of all transactions between controlled entities are eliminated in full on consolidation.</td><td>Enterests in unincorporated joint ventures are recognised by including in the financial statements the Santos Group ’ s proportion of the joint venture costs, assets and liabilities.</td></tr><tr><td>Monetary assets a integrated foreign translated at the balance date, wh and revenue and translated at early</td></tr><tr><tdrowspan="2">( c ) Non - current assets</td><td>With the exception of exploration expenditure carried forward pertaining to areas of interest in the explanation stage of the consumptions of the consumptions non - current assets are reviewed to determine whether they are in excess ofo</td></tr><tr><td>Significances ( non ), to accessing to accessing and the states to accessing to the accessing to the access and liability access and liability accessibility to exchange rate excessions and rates to rates the states and statestics and stat</td></tr><tr><td>is expensed in the reporting period in which it occurs. In assessing recoverable amounts, the relevant cash flows have not been discounted to their present value.</td></tr><tr></tr><tr></tr><tr></tr><tr><tdrowspan="2"</tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr></tbody>
          </table> </body> </html>