Schedule of summarised financial information |
| |
30 June
2022 | | |
30 June
2021 | |
| |
A$ | | |
A$ | |
Current assets | |
| 1,803 | | |
| 19,367 | |
Non-current assets | |
| | | |
| 2,319 | |
Current liabilities | |
| (500,815 | ) | |
| (787,736 | ) |
Non-current liabilities | |
| (2,000,000 | ) | |
| (1,032,657 | ) |
Equity | |
| (2,499,012 | ) | |
| (1,798,707 | ) |
Company’s carrying amount of the investment | |
| - | | |
| - | |
| |
| | | |
| | |
Revenue | |
| 269,203 | | |
| 413,299 | |
Expenses | |
| (537,009 | ) | |
| (2,018,992 | ) |
Loss for the year | |
| (267,806 | ) | |
| (1,605,693 | ) |
Company’s share of the loss (i) | |
| - | | |
| - | |
| |
| | | |
| | |
Carrying value of the BCT investment | |
| | | |
| | |
Investment brought to account at cost | |
| 680 | | |
| 680 | |
Share of the joint venture’s loss 1. | |
| (680 | ) | |
| (680 | ) |
Closing carrying value of the investment | |
| - | | |
| - | |
|