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For the fiscal year ended 30 June 2016, KBL Mining Ltd revenues increased 29% to A$33.9M. Net loss decreased 69% to A$10.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Impairment of mining assets decrease from A$17.3M (expense) to A$0K, Exploration/Dry Hole Exp(Incl Write Off) decrease from A$1.4M (expense) to A$0K.
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Revenue | 20.03 | 13.84 | 12.81 | 13.47 |
Gross Profit | 8.17 | 2.57 | -2.08 | 1.11 |
Operating Income | 1.04 | -5.42 | -27.79 | -4.77 |
Net Income | -0.41 | -10.19 | -28.86 | -5.38 |
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Assets | 69.81 | 70.71 | 56.6 | 64.09 |
Total Liabilities | 64.92 | 71.04 | 48.29 | 29.93 |
Total Equity | 4.88 | -0.33 | 8.31 | 34.16 |
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | 6.32 | 2.69 | -6.56 | -1.79 |
Cash From Investing Activities | -23.11 | -18.93 | -13.22 | -3.44 |
Cash From Financing Activities | 13.25 | 12.13 | 16.64 | -1.07 |
Net Change in Cash | -3.55 | -4.12 | -3.15 | -6.3 |
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