IMF Bentham Limited Annual Report 2018

Financial Report Directors’ Report.......................................................... 35 Auditor’s Independence Declaration............................. 61 Statement of Comprehensive Income........................... 62 Statement of Financial Position..................................... 63 Statement of Cash Flows.............................................. 64 Statement of Changes in Equity................................... 65 Notes to the Financial Statements................................ 66 About this Report......................................................... 66 Significant Accounting Judgments, Estimates and Assumptions......................................... 68 A. RESULTS FOR THE YEAR 69 Note 1: Segment information. ................................... 69 Note 2: Revenue. ...................................................... 72 Note 3: Other income ............................................... 72 Note 4: Expenses...................................................... 73 Note 5: Income tax.................................................... 74 Note 6: Earnings per share........................................ 76 Note 7: Dividends paid and proposed ...................... 78 Note 8: Statement of cash flows reconciliation.......... 79 B. INTANGIBLE ASSETS 80 Note 9: Intangible assets........................................... 80 C. CAPITAL STRUCTURE 82 Note 10: Financial risk management objective and policies.................................................. 82 Note 11: Cash and cash equivalents........................... 86 Note 12: Debt Securities............................................. 86 Note 13: Contributed equity........................................ 87 Note 14: Retained earnings and reserves................... 88 D. WORKING CAPITAL, OTHER ASSETS AND OTHER LIABILITIES 89 Note 15: Trade and other receivables ......................... 89 Note 16: Other assets................................................. 90 Note 17: Plant and equipment..................................... 90 Note 18: Trade and other payables............................. 92 Note 19: Provisions..................................................... 92 Note 20: Commitments and contingencies................. 94 E. THE GROUP, MANAGEMENT AND RELATED PARTIES 95 Note 21: Key management personnel......................... 95 Note 22: Share-based payment plan. ......................... 96 Note 23: Parent entity information .............................. 98 Note 24: Material partly-owned subsidiaries . ............. 99 Note 25: Discontinued operations............................. 101 Note 26: Related party disclosure............................. 101 Note 27: Auditor’s remuneration................................ 101 Note 28: Events after the reporting date.................... 101 Directors’ Declaration................................................. 102 Independent Auditor’s Report. ................................... 103 Shareholder Information............................................. 109 Corporate Information................................................. 112 34