Simavita Annual Report 2018

Consolidated Notes June 30, 2018 $ June 30, 2017 $ Assets Current Assets Cash and cash equivalents 10 1,361,484 2,072,353 Trade and other receivables 11 792,934 1,337,429 Inventories 12 207,008 490,628 Other assets 167,875 106,665 Total Current Assets 2,529,301 4,007,075 Non-Current Assets Property, plant and equipment 13 8,315 44,783 Intangible assets 14 29,123 42,924 Total Non-Current assets 37,438 87,707 Total Assets 2,566,739 4,094,782 Liabilities and Shareholders’ Equity Liabilities Current Liabilities Trade and other payables 15 576,010 733,858 Borrowings 17 3,533,041 – Provisions 16 143,370 184,787 Total Current Liabilities 4,252,421 918,645 Non-Current Liabilities Provisions 16 80,074 79,978 Total Non-Current Liabilities 80,074 79,978 Total Liabilities 4,332,495 998,623 Shareholders’ Equity Share capital 18 66,243,056 66,243,056 Reserves 19 1,811,130 2,914,723 Accumulated losses 20 (69,819,942) (66,061,620) Total Shareholders' Equity (1,765,756) 3,096,159 Total Liabilities and Shareholders' Equity 2,566,739 4,094,782 The accompanying notes form an integral part of these consolidated financial statements Consolidated Statement of Financial Position as at June 30, 2018 19

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