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1、 West African Resources Limited Annual Report six months ended 31 December 2018 ABN 70 121 539 375 West African Resources Limited TABLE OF CONTENTS Page CORPORATE INFORMATION.1 CHAIRMANS MESSAGE.2 DIRECTORS REPORT.2 REMUNERATION REPORT(AUDITED).13 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER C
2、OMPREHENSIVE INCOME.25 CONSOLIDATED STATEMENT OF FINANCIAL POSITION.26 CONSOLIDATED STATEMENT OF CASH FLOWS.27 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY.28 NOTES TO THE FINANCIAL STATEMENTS.29 Statement of significant accounting policies.29 Segment reporting.39 Revenue and expenses.39 Employee exp
3、enses.39 Income tax.40 Loss per share.41 Cash and cash equivalents.42 Trade and other receivables.43 Property,plant and equipment.44 Mine properties.45 Other non-current assets.45 Trade and other payables.45 Other provisions.46 Issued capital.47 Reserves.48 Dividends.48 Commitments and other conting
4、encies.49 Related party disclosure.50 Subsequent events after the balance date.52 Auditors remuneration.53 Directors and executive disclosures.53 Financial instruments.55 Financial risk management.55 Share-based payment plans.60 West African Resources Limited Parent entity financial information.61 D
5、IRECTORS DECLARATION.62 AUDITORS INDEPENDENCE DECLARATION.63 INDEPENDENT AUDITORS REPORT.64 ADDITIONAL INFORMATION.68 SUMMARY OF TENEMENTS IN BURKINA FASO.70 West African Resources Limited P a g e|1 CORPORATE INFORMATION Directors Mark Connelly(Non-Executive Chairman)Richard Hyde(Managing Director)S
6、imon Storm(Non-Executive Director)Ian Kerr(Non-Executive Director)Principal Place of Business Level 1,1 Alvan Street Subiaco WA 6008 Australia T:+61(8)9481 7344 Registered Office Level 1,1 Alvan Street Subiaco WA 6008 Australia T:+61(8)9481 7344 Local Office Secteur 27,Quartier Ouayalghin,Parcelles