Parent entity information

12 Months Ended

Jun. 30, 2023

Note 29. Parent entity information

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


	Parent
	2023 A$’000			2022 restated A$’000

Statement of profit or loss and other comprehensive income
Loss after income tax		(20,863	)		(24,241	)

Total comprehensive income		(20,863	)		(24,241	)


	2023 A$’000			2022 restated A$’000

Statement of financial position
Total current assets		4,645			7,736
Total assets		21,915			26,875
Total current liabilities		7,003			2,931
Total liabilities		15,472			13,701
Equity
Contributed equity		97,452			84,480
Reserves		4,423			3,264
Accumulated losses		(95,432	)		(74,570	)

Total equity		6,443			13,174

Reserves comprise Share Based Payments Reserve.

Contingent liabilities

The parent entity contingent liabilities as at 30 June 2023 and 30 June 2022 are as set out in note 19.

Capital commitments - Property, plant and equipment

The parent entity had no capital commitments for property, plant and equipment at as 30 June 2023 and 30 June 2022.

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 recognized as other income by the parent entity and its receipt may be an indicator of an impairment of the investment.