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1、 1 ANNUAL REPORT 2018 For personal use only 2 TABLE OFTABLE OF CONTENTSCONTENTS SciDev Ltd ABN 25 001 150 849 Consolidated Financial Report for the Financial Year End 30 June 2018 Contents Page Directors report 3 Auditors independence declaration 17 Statement of profit or loss and other comprehensiv
2、e income 18 Statement of financial position 19 Statement of changes in equity 20 Statement of cash flows 21 Notes to the financial statements 22 Directors declaration 56 Independent auditors report to the members of SciDev Ltd 57 Shareholder Information 61 Corporate directory 63 For personal use onl
3、y 3 Letter from the Chairman and Managing Director 26 October 2018 Dear SciDev Shareholder,This is SciDev Ltds(SciDev or the Company)seventeenth Annual Report since listing on the Australian Securities Exchange(ASX)and includes the audited financial statements for the financial year ending 30 June 2
4、018.During the 2017/18 year,the Company recorded a 15%increase in revenue to$2.213 million due to higher chemical sales and OptiFlox System leasing fees.The Company recorded a profit after tax of$1.001 million,which compares with the loss after tax of$0.597 million for the previous corresponding per
5、iod.The profit was principally a result of the sale of Intec Zeehan Residues Pty Ltd,whose principal asset is the mining lease on which is located the Zeehan slag dump.The consideration received for the sale was principally in the form of shares in Tartana Resources Limited(Tartana).The value of the
6、se shares will be dependent upon the future market price of Tartana shares,movements in which will be recorded in the Statement of profit or loss for the Company.The key achievements during the year and to the date of this letter are as follows:Significant strengthening of the Companys management th