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Non-Current Assets - Intangibles

12 Months Ended

Jun. 30, 2024

Statement [LineItems]

Non-Current Assets - Intangibles

NOTE 13.

NON-CURRENT

ASSETS – INTANGIBLES


		Intellectual
		Property
		Assets				Goodwill				Total
		A$				A$				A$
At June 30, 2022
Cost or fair value			23,864,364				109,962				23,974,326
Accumulated amortization			(13,420,256	)			—				(13,420,256	)
Net book amount			10,444,108				109,962				10,554,070

Fiscal Year ended June 30, 2023
Opening net book amount			10,444,108				109,962				10,554,070
Exchange difference			758,017				—				758,017
Amortization charge			(1,821,865	)			—				(1,821,865	)

Closing net book amount			9,380,260				109,962				9,490,222
At June 30, 2023
Cost or fair value			25,816,589				109,962				25,926,551
Accumulated amortization			(16,436,329	)			—				(16,436,329	)

Net book amount			9,380,260				109,962				9,490,222

Fiscal Year ended June 30, 2024
Opening net book amount			9,380,260				109,962				9,490,222
Exchange difference			(187,873	)			—				(187,873	)
Additions			903,154				—				903,154
Amortization charge			(1,964,566	)			—				(1,964,566	)

Closing net book amount			8,130,975				109,962				8,240,937

At June 30, 2024
Cost or fair value			26,094,543				109,962				24,204,505
Accumulated amortization			(17,963,568	)			—				(17,963,568	)

Net book amount			8,130,975				109,962				8,240,937

(i) Amortization methods and useful lives

The Group amortizes intangible assets with a limited useful life using the straight-line method.

The Group amortises intellectual property assets using the straight-line method over a

13-14

year period.

The Group’s intellectual property assets includes patents related to its

LAG-3

product candidates.