Financial Instruments (Tables)
|
12 Months Ended |
Jun. 30, 2022 |
Disclosure Of Derivative Financial Instruments Text Block Abstract |
|
Schedule of contractual maturities of financial liabilities |
| |
Weighted average interest rate | | |
Carrying amount | | |
Contractual cash flows | | |
6 months or less | | |
6-12 months | | |
1-2 years | | |
2-5 years | | |
More than 5 years | |
| |
% | | |
A$ | | |
A$ | | |
A$ | | |
A$ | | |
A$ | | |
A$ | | |
A$ | |
2022 | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
Trade and other payables | |
| | | |
| 500,769 | | |
| 500,769 | | |
| 500,769 | | |
| - | | |
| - | | |
| - | | |
| - | |
Interest bearing Borrowings | |
| 10.0 | % | |
| 1,110,171 | | |
| 1,110,171 | | |
| 1,110,171 | | |
| | | |
| | | |
| | | |
| | |
Lease liabilities | |
| 10.0 | % | |
| 51,213 | | |
| 51,213 | | |
| 51,213 | | |
| - | | |
| - | | |
| - | | |
| - | |
| |
| | | |
| 1,662,153 | | |
| 1,662,153 | | |
| 1,662,153 | | |
| - | | |
| - | | |
| - | | |
| - | |
| |
Weighted average interest rate | | |
Carrying amount | | |
Contractual cash flows | | |
6 months or less | | |
6-12 months | | |
1-2 years | | |
2-5 years | | |
More than 5 years | |
| |
% | | |
A$ | | |
A$ | | |
A$ | | |
A$ | | |
A$ | | |
A$ | | |
A$ | |
2021 | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
Trade and other payables | |
| | | |
| 555,057 | | |
| 555,057 | | |
| 555,057 | | |
| - | | |
| - | | |
| - | | |
| - | |
Convertible notes | |
| 10.0 | % | |
| 2,178,142 | | |
| 2,178,142 | | |
| 2,178,142 | | |
| - | | |
| - | | |
| - | | |
| - | |
Lease liabilities | |
| 10.0 | % | |
| 138,125 | | |
| 166,835 | | |
| 54,167 | | |
| 56,334 | | |
| 56,334 | | |
| - | | |
| - | |
| |
| | | |
| 2,871,324 | | |
| 2,900,034 | | |
| 2,787,366 | | |
| 56,334 | | |
| 56,334 | | |
| - | | |
| - | |
|
Schedule of consolidated entity’s interest-bearing financial instruments |
| |
Carrying
value ($) | |
| |
30
June
2022 | | |
30
June
2021
| |
| |
A$ | | |
A$ | |
Fixed
rate instruments | |
| | |
| |
Financial
asset | |
| 803,072 | 1 | |
| 682,421 | |
Financial
liabilities | |
| (1,161,384 | ) | |
| (2,316,267 | ) |
| |
| | | |
| | |
Variable
rate instruments | |
| | | |
| | |
Financial
assets | |
| 6,011,368 | | |
| 2,172,499 | |
|
Schedule of other variables remain constant |
| |
Profit or Loss | | |
Equity | |
| |
| 1% | | |
| 1% | | |
| 1% | | |
| 1% | |
| |
| increase | | |
| decrease | | |
| Increase | | |
| Decrease | |
2022 | |
| | | |
| | | |
| | | |
| | |
Variable rate instruments | |
A$ | 60,114 | | |
A$ | (60,114 | ) | |
A$ | 60,114 | | |
A$ | (60,114 | ) |
|
Schedule of fair values of financial assets and liabilities |
| |
2022 | | |
2021 | |
| |
Carrying
amount | | |
Fair
value | | |
Carrying
amount | | |
Fair
value | |
| |
A$ | | |
A$ | | |
A$ | | |
A$ | |
Cash and cash
equivalents | |
| 6,011,368 | | |
| 6,011,368 | | |
| 2,172,499 | | |
| 2,172,499 | |
Trade and other receivables | |
| 51,176 | | |
| 51,176 | | |
| 243,300 | | |
| 243,300 | |
Loans receivable | |
| - | | |
| - | | |
| 682,421 | | |
| 682,421 | |
Trade and other payables | |
| (500,769 | ) | |
| (500,769 | ) | |
| (555,057 | ) | |
| (555,057 | ) |
Interest bearing borrowings | |
| (1,110,171 | ) | |
| (1,110,171 | ) | |
| (2,178,142 | ) | |
| (2,178,142 | ) |
Lease
liabilities | |
| (51,213 | ) | |
| (51,213 | ) | |
| (138,125 | ) | |
| (138,125 | ) |
Net
financial (liabilities) / assets | |
| 4,400,391 | | |
| 4,400,391 | | |
| 226,896 | | |
| 226,896 | |
|