5.16 Goods and Services Tax and Equivalent Indirect Taxes 
Revenue, expenses and assets are recognised net of the amount of goods and services tax (GST) and equivalent indirect 
taxes, except where the amount of tax incurred is not recoverable from the taxation authority.  In these circumstances, the 
tax is recognised as part of the cost of acquisition of the asset or as part of the expense. Receivables and payables are stated 
with the amount of tax included.  The net amount of tax recoverable from, or payable to, the taxation authority is included 
as a current asset or liability in the balance sheet. 
Cash flows are included in the statement of cash flows on a gross basis.  The tax components of cash flows arising from 
investing and financing activities which are recoverable from, or payable to, the tax authority are classified as operating cash 
flows. 
5.17 Earnings per Share 
The Group presents basic and diluted earnings per share (EPS) data for its ordinary shares.  Basic EPS is calculated by dividing 
the profit or loss attributable to ordinary shareholders of the Company by the weighted average number of ordinary shares 
outstanding during the period.  Diluted EPS is determined by adjusting the profit or loss attributable to ordinary shareholders 
and the weighted average number of ordinary shares outstanding for the effects of all dilutive potential ordinary shares, 
which comprise listed options and share options granted to employees. 
5.18 Segment Reporting 
An operating segment is a component of the Group that engages in business activities from which it may earn revenues and 
incur expenses, including revenues and expenses that relate to transactions with any of the Group’s other components. All 
operating segment operating results are regularly reviewed by the Group’s Managing Director to make decisions about 
resources to be allocated to the segment and assess its performance, and for which discrete financial information is 
available. 
Segment results that are reported to the Managing Director include items directly attributable to a segment as well as those 
that can be allocated on a reasonable basis.  Unallocated items comprise minimal, not material corporate assets (primarily 
the Group’s headquarters), head office expenses, and income tax assets and liabilities. Segment capital expenditure is the 
total cost incurred during the period to acquire property, plant and equipment, and intangible assets other than goodwill. 
5.19 Government Grants 
Government grants that compensate the Group for expenses incurred are recognised in profit or loss as other income on a 
systematic basis in the periods in which the expenses are recognised, unless the conditions for receiving the grant are met 
after the related expenses have been recognised. In this case, the grant is recognised when it becomes receivable. 
5.20 Changes in Accounting Policies  
The Group has adopted the amendment to standards, including any consequential amendments to other standards, with a 
date of initial application of 1 January 2025. The adoption of these amendments did not have a significant impact on the 
Group.  
5.21 New Standards and Interpretations Not Yet Adopted 
Certain new accounting standards and interpretations have been published that are not mandatory for 31 December 2025 
reporting periods and have not been early adopted by the Group. These standards are not expected to have a material 
impact on the entity in the current or future reporting periods and on foreseeable future transactions.  
There are no other standards that are not yet effective and that would be expected to have a material impact on the entity 
in the current or future reporting period and on foreseeable future transactions.  
 
 
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ANNUAL REPORT     CENTAURUS METALS LIMITED
CENTAURUS METALS ANNUAL REPORT 2025

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