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Lease liabilities
12 Months Ended
Jun. 30, 2024
Presentation of leases for lessee [abstract]  
Lease liabilities
Note 16. Right-of-use assets
Consolidated
30 June 202430 June 2023
US$’000US$’000
Non-current assets
Land and buildings - right-of-use assets2,054 1,649 
Less: Accumulated depreciation(505)(275)
Total right-of-use assets1,549 1,374 
Reconciliations
Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below:
ConsolidatedUS$’000
Balance at 1 July 20221,253 
Additions373 
Disposals
Exchange differences(32)
Impairment of assets
Depreciation (note 7)(220)
Balance at 30 June 20231,374 
Additions347 
Disposals
Lease modification102 
Exchange differences(39)
Impairment of assets
Depreciation (note 7)(235)
Balance at 30 June 20241,549 
The land and buildings right-of-use asset represents a 30-year lease of a site in Prince George, B.C., Canada, a 3-year lease of a corporate office in Sydney, Australia and a 5-year corporate office lease in Vancouver, B.C., Canada.
Note 18. Lease liabilities
Consolidated
30 June 202430 June 2023
US$’000US$’000
Current liabilities
Lease liability214 192 
Non-current liabilities
Lease liability1,441 1,256 
Total lease liabilities1,655 1,448 
Lease liabilities
The Group’s lease liabilities include a 30-year lease of a site in Prince George, B.C., Canada, a 3-year lease of a corporate office in Sydney, Australia and a 5-year corporate office lease in Vancouver, B.C., Canada. A reconciliation of lease liabilities is set out below, an undiscounted contractional maturity analysis of lease liabilities is included in Note 25.
ReconciliationUS$’000
Balance as at 1 July 20221,267 
Additions390 
Lease charges(332)
Finance charges166 
Exchange differences(42)
Balance as at 30 June 20231,448 
Additions344 
Modifications101 
Lease charges(398)
Finance charges194 
Exchange differences(34)
Balance as at 30 June 20241,655 
Current portion214 
Non-current portion1,441