key financial data


2021
$000
2020
$000
Administrative expenses (1,096) (1,046)
Loss from operations (1,096) (1,046)
Finance income 74 55
Finance expense (1) (11)
Loss before tax (1,023) (1,002)
Tax expense
Loss for the year and total comprehensive loss for the year attributable to equity owners of the parent (1,023) (1,002)
Basic and diluted loss per share (see note 4) (0.21)
cents
(0.21)
cents

To read the notes, please download the latest annual report here.

2021 2020
$000 $000 $000 $000
Assets
Non-current assets
Property, plant and equipment 22 151
Intangible assets 292,746 292,241
Total non-current assets 292,768 292,392
Current assets
Other receivables 183 225
Cash and cash equivalents 714 2,184
Total current assets 897 2,409
Total assets 293,665 294,801
Liabilities
Current liabilities
Trade and other payables (126) (240)
Total net assets 293,539 294,561
Equity attributable to the equity owners of the parent company
Share capital 8,530 8,530
Share premium 308,602 308,602
Other reserves 1,778 1,777
Retained deficit (25,355) (24,332)
Foreign currency reserve (16) (16)
Total equity 293,539 294,561

To read the notes, please download the latest annual report here.

2021 2020
$000 $000 $000 $000
Cash flow from operating activities
Loss before tax (1,023) (1,002)
Adjustments for: Depreciation 129 95
Share-based payment 1
Finance costs 1 11
Finance income (74) (54)
Unrealised foreign currency movements 2
Cash flows used in operating activities before changes in working capital (966) (948)
Decrease in other receivables 42 8
Increase/(decrease) in trade and other payables 10 (61)
Net cash outflow from operating activities (914) (1,000)
Cash flows used in investing activities
Interest received 2
Purchase of intangible assets (505) (476)
Net cash used in investing activities (505) (474)
Cash flows used in financing activities
Lease interest (1) (11)
Lease payments (124) (62)
Net cash used in financing activities (125) (73)
Net decrease in cash and cash equivalents (1,544) (1,547)
Cash and cash equivalents at the beginning of the year 2,184 3,682
Exchange gain on cash and cash equivalents 74 49
Cash and cash equivalents at the end of the year 714 2,184

To read the notes, please download the latest annual report here.