Pacific Bauxite : AAM Resources Pty Ltd - Financial Report 31 Dec 2021

AAM Resources Pty Ltd

ACN 643 207 701

Interim Financial Report For the half-year ended

31 December 2021

CONTENTS
Corporate Directory …………………………………………………………………………………………………………… .……….	1
Statement of Profit or Loss and Other Comprehensive Income ……………………………………………………	2
Statement of Financial Position ……………………………………………………………………………………………………	3
Statement of Changes in Equity ……………………………………………………………………………………………………	4
Statement of Cash Flows ………………………………………………………………………………………………………………	5
Notes to the Financial Statements ……………………………………………………………………………………………… ..	6 - 11
Directors' Declaration ………………………………………………………………………………………………………………… .	12
Independent Auditor's Report …………………………………………………………………………………………………… ..	13 - 14

CORPORATE DIRECTORY

DIRECTORS

Glen Goulds

COMPANY SECRETARY

Glen Goulds

PRINCIPAL AND REGISTERED ADDRESS Level 1

115 Cambridge Street West Leederville, WA, 6901

Phone:

[phone]

AUDITORS Rothsay Auditing

Level 1, Lincoln House 4 Ventnor Avenue West Perth WA 6005

1

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

FOR THE HALF YEAR ENDED 31 DECEMBER 2021

Half year	Year ended
31-Dec-21	30-Jun-21
$	$

CONTINUING OPERATIONS

Accountancy	(729)	-
Filing Fees	(276)	-
General Expenses	(515)	(5,940)
Licenses, Registrations and Permits	-	(9,154)
Rates	(3,842)	(1,132)
Rent	-	(8,265)
PROFIT/(LOSS) BEFORE INCOME TAX	(5,362)	(24,491)
Income tax benefit	-	-
PROFIT/(LOSS) FROM CONTINUING OPERATIONS	(5,362)	(24,491)
Other comprehensive income	-	-
TOTAL COMPREHENSIVE PROFIT/(LOSS) FOR THE YEAR	(5,362)	(24,491)

The Statement of Profit or Loss and Other Comprehensive Income is to be read in conjunction with the attached notes.

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2021

31-Dec-21 $

30-Jun-21 $

CURRENT ASSETS

Cash and cash equivalents	3	2	2
TOTAL CURRENT ASSETS	2	2
NON-CURRENT ASSETS
Intangibles	4	994	994
TOTAL NON-CURRENT ASSETS	994	994
TOTAL ASSETS	996	996
NON-CURRENT LIABILITIES
Loan - Melvista Family Trust	5	16,456	14,116
Loan - David Michael	5	14,391	11,369
TOTAL NON-CURRENT LIABILITIES	30,847	25,485
TOTAL LIABILITIES	30,847	25,485
NET LIABILITIES	(29,851)	(24,489)
EQUITY
Issued capital	6	2	2
Accumulated losses	(29,853)	(24,491)
TOTAL EQUITY	(29,851)	(24,489)

The Statement of Financial Position is to be read in conjunction with the attached notes.