Kasbah Resources Limited Annual Report 2018

34 Kasbah Resources Limited Annual Report 2018 Consolidated Note 2018 $ 2017 $ Revenue from continuing operations 3 75,250 27,246 Exploration and evaluation expenditure 2,094,817 995,462 Project financing expenses 177,359 8,176 Employee benefits expenses 1,851,105 1,999,739 Employee share based payment expense 353,705 9,093 Accounting and corporate fees 415,241 224,755 Occupancy expenses 90,018 49,129 Administration expenses 524,914 299,817 Marketing and investor relations 202,907 2,662 Transaction fees and other associated costs (55,501) 1,246,473 Interest and borrowing costs 163,130 108,346 Non-recoverable Moroccan TVA expense 4 563,321 166,716 Depreciation and amortisation expenses 4 44,644 111,055 Foreign exchange losses/(gains) (6,808) 10,768 (Loss) from continuing operations before tax expense (6,343,602) (5,204,945) Income tax benefit/(expense) 5 – – (Loss) after tax from continuing operations (6,343,602) (5,204,945) Other comprehensive income Items that may be reclassified subsequently to profit or loss Foreign currency translation difference on foreign operations 178,441 (142,125) Total comprehensive loss for the year (6,165,161) (5,347,070) The consolidated statement of comprehensive income should be read in conjunction with the accompanying notes. for the year ended 30 June 2018 Consolidated Statement of Comprehensive Income

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