Parent entity information

12 Months Ended

Jun. 30, 2022

Note 29. Parent entity information

Set out below is the supplementary information about the parent entity.


	Parent
	2022 A$’000			2021 A$’000

Statement of profit or loss and other comprehensive income
Loss after income tax		(23,875	)		(16,854	)

Total comprehensive income		(23,875	)		(16,854	)


	2022 A$’000			2021 A$’000

Statement of financial position
Total current assets		5,895			25,042
Total assets		25,945			47,044
Total current liabilities		1,090			3,177
Total liabilities		12,407			15,032
Equity
Contributed equity		84,480			80,290
Other contributed equity		—			464
Reserves		3,264			1,754
Accumulated losses		(74,206	)		(50,496	)

Total equity		13,538			32,012

Reserves comprise Share Based Payments Reserve.

Contingent liabilities

The parent entity contingent liabilities as at 30 June 2022 and 30 June 2021 are as set out in Note 16. The contingent consideration is specific to the parent entity.

Capital commitments - Property, plant and equipment

The parent entity had no capital commitments for property, plant and equipment at as 30 June 2022 and 30 June 2021.

Significant accounting policies

The accounting policies of the parent entity are consistent with those of the consolidated entity, as disclosed in note 2, except for the following:

•

Investments in subsidiaries are accounted for at cost, less any impairment, in the parent entity.

•

Dividends received from subsidiaries are recognised as other income by the parent entity and its receipt may be an indicator of an impairment of the investment.