Balance Sheet

Balance Sheet

for the year ended 31 December 2016
.
2016 (€'000)
2015 (€'000)
Assets
Exploration and evaluation assets
89,276
98,211
Property, plant and equipment
102
168
Intangible assets
192
296
Total non-current assets
89,570
98,675
Trade and other receivables
255
2,174
Cash and cash equivalents
31,403
6,518
Restricted cash
-
-
Total current assets
31,658
8,692
Total assets
121,228
107,367
Equity
Share capital
71,452
25,694
Capital conversion reserve fund
623
623
Share premium
247,918
226,998
Foreign currency translation reserve
13,815
11,821
Share based payment reserve
1,398
3,586
Retained deficit
(223,888)
(199,780)
Total equity attributable to equity holders of the Company
111,318
68,942
Liabilities
Decommissioning provision
7,783
7,424
Total non-current liabilities
7,783
7,424
Loans and borrowings
-
18,289
Trade and other payables
2,127
12,712
Total current liabilities
2,127
31,001
Total liabilities
9,910
38,425
Total equity and liabilities
121,228
107,367