IGO Interactive Annual Report 2018

Notes to the consolidated financial statements 30 June 2018 Contents of the notes to the consolidated financial statements Page Financial Performance 9 1 Segment information 9 2 Revenue 12 3 Other income 13 4 Expenses and losses 13 5 Income tax 14 6 Earnings per share 17 Working Capital Provisions 18 7 Cash and cash equivalents 18 8 Trade and other receivables 19 9 Inventories 20 10 Financial assets at fair value through profit or loss 21 11 Trade and other payables 21 12 Provisions 21 Invested capital 24 13 Property, plant and equipment 24 14 Mine properties 26 15 Exploration and evaluation 28 Capital structure and financing activities 30 16 Borrowings 30 17 Contributed equity 31 18 Reserves and accumulated losses 33 19 Dividends paid and proposed 34 Risk 36 20 Derivatives 36 21 Financial risk management 38 Group structure 47 22 Assets held for sale 47 23 Subsidiaries 47 Unrecognised items 49 24 Commitments and contingencies 49 25 Events occurring after the reporting period 50 Other information 50 26 Share-based payments 50 27 Related party transactions 54 28 Parent entity financial information 55 29 Deed of cross guarantee 56 30 Remuneration of auditors 59 31 Summary of significant accounting policies 59 Independence Group NL 8 CONTENTS OF THE NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS PAGE FINANCIAL PERFORMANCE 73 1 Segment information 73 2 Revenue 76 3 Other income 77 4 Expenses and losses 77 5 Income tax 78 6 Earnings per share 81 WORKING CAPITAL PROVISIONS 82 7 Cash and cash equivalents 82 8 Trade and other receivables 83 9 Inventories 84 10 Financial assets at fair value through profit or loss 85 11 Trade and other payables 85 12 Provisions 85 INVESTED CAPITAL 88 13 Property, plant and equipment 88 14 Mine properties 90 15 Exploration and evaluation 92 CAPITAL STRUCTURE AND FINANCING ACTIVITIES 94 16 Borrowings 94 17 Contributed equity 95 18 Reserves and accumulated losses 97 19 Dividends paid and proposed 98 RISK 100 0 Derivat ves 100 1 Fina cial risk management 102 GROUP STRUCTURE 111 22 Assets held for sale 111 23 Subsidiaries 111 UNRECOGNISED ITEMS 113 24 Commitments and contingencies 113 25 Events occurring after the reporting period 114 OTHER INFORMATION 114 26 Share-based payments 114 27 Related party transactions 118 28 Parent entity financial information 119 29 Deed of cross guarantee 120 30 Remuneration of auditors 123 31 Summary of significant accounting policies 123 72 — IGO ANNUAL REPORT 2018 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 30 JUNE 2018