=+622 INTERNATIONAL FINANCIAL ACCOUNTING AND REPORTING Draft Statement of Financial Position as at 31 December 2005 GOLD SILVER COPPER

€'000 €'000 $000 ASSETS Non-current Assets \

Plant and machinery 130,000 30,000 10,600 Investment in SILVER 30,000 - -

Investment in COPPER 12,000 — _ 172,000 30,000 10,000 Current Assets Inventory 12,000 1,500 -

Receivables 22,500 5,000 3,000 Bank and cash 4,500: ~ 1,000 _ __500 39,000 7,500 3,500 Total Assets 211,000 37,500 13,500 EQUITY AND LIABILITIES Share Capital and Reserves

€1 —€1—$1 ordinary shares 12,000 5,000 1,000, Retained earnings 76,000 25,000 7,000 Current Liabilities Trade payables 24,000 1,500 1,000 Taxation 73,000 6,000 4,500 Proposed dividends 26,000 - _ 123,000 7,500 5,500 Total Equity and Liabilities 211,000 37,500 13,500 Additional Information: