Restatement of comparatives (Tables)

12 Months Ended

Jun. 30, 2023

Schedule Of Material Restatement Of EVT 801 Asset

The error resulted in a material overstatement of the

EVT-801

intangible asset and a corresponding overstatement of the liability at acquisition. The impact of this error is noted below with the restated balances disclosed in note 15 and 19.


	30 June 2021 Reported			Increase/ (decrease)			1 July 2021 Restated			30 June 2022 Reported			Increase/ (decrease)			30 June 2022 Restated
	A$’000			A$’000			A$’000			A$’000			A$’000			A$’000

Consolidated statement of financial position

Intangibles - licensing agreement		27,265			(1,044	)		26,221			27,266			(1,045	)		26,221
Less Accumulated amortisation		(5,263	)		50			(5,213	)		(7,216	)		134			(7,082	)
		22,002			(994	)		21,008			20,050			(911	)		19,139
Current contingent consideration		(3,164	)		2,373			(791	)		(759	)		—			(759	)
Non-Current contingent consideration		(8,926	)		(1,377	)		(10,303	)		(8,756	)		547			(8,209	)
		(12,091	)		997			(11,094	)		(9,515	)		547			(8,968	)
Net Assets		37,851			2			37,853			18,638			(364	)		18,274
Accumulated losses		(44,205	)		2			(44,203	)		(68,253	)		(364	)		(68,617	)
Total equity		37,851			2			37,853			18,638			(364	)		18,274

Schedule Of Material Restatement Of Income Statement


	30 June 2022			Increase/ (decrease)			30 June 2022 Restated			30 June 2021			Increase/ (decrease)		30 June 2021 Restated

Consolidated statement of profit and loss
Research and development expense (Amortisation)		(20,252	)		83			(20,169	)		(14,541	)				(14,541	)
General and administrative expense (foreign exchange impact)		(4,511	)		(450	)		(4,961	)		(7,022	)		2		(7,020	)
Loss on revaluation of contingent consideration		(152	)		—			(152	)		(2,570	)				(2,570	)
Commercialisation expense		(127	)		—			(127	)
Loss before tax		(25,016	)		(366	)		(25,382	)		(8,906	)		2		(8,904	)
Income tax benefit		368			—			368			484					484
Loss after tax		(24,648	)		(366	)		(25,014	)		(8,422	)		2		(8,420	)
Impact on basic and diluted earnings per share increase/ (decrease) in earning per share
Basic loss for the year attributable to equity holders		(18.61	)		(0.27	)		(18.88	)		(7.16	)				(7.16	)
Diluted loss for the year attributable to equity holders		(18.61	)		(0.27	)		(18.88	)		(7.16	)				(7.16	)