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Following is the consolidated results as presented in the annual report of Monax Mining Limited. Consolidated 2018 2017 $ $ Note 2 Other revenue from

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Following is the consolidated results as presented in the annual report of Monax Mining Limited. Consolidated 2018 2017 $ $ Note 2 Other revenue from ordinary activities Gain on disposal of asset Total revenue 6,493 17,240 23,733 15,481 7,312 22,793 3 526,385 889,692 3 Administration expenses Impairment of assets Loss on disposal of tenement (Loss) /profit before income tax expense Income tax (expense)/benefit (Loss) profit after income tax expense 719,024 765,086 95,451 (1,556,768) (22,777) (1,579,545) 4 (1,392,344) (12,223) (1,404,567) (Loss) profit attributed to members of the parent entity (1,404,567) (1,579,545) Total comprehensive income for the year (1,404,567) (1,579,545) Basic earnings per share (cents) 6 (0.241) (0.352) Diluted earnings per share (cents) 6 (0.241) (0.352) a) What is your assessment about the performance of the company over the years (calculations are not necessary)? b) Now that you have a rough understanding of how Monax performed (you can also refer to Monax' annual report), what more information would you need to draw a reasonable conclusion about the performance of the firm (calculations are not necessary)? Following is the consolidated results as presented in the annual report of Monax Mining Limited. Consolidated 2018 2017 $ $ Note 2 Other revenue from ordinary activities Gain on disposal of asset Total revenue 6,493 17,240 23,733 15,481 7,312 22,793 3 526,385 889,692 3 Administration expenses Impairment of assets Loss on disposal of tenement (Loss) /profit before income tax expense Income tax (expense)/benefit (Loss) profit after income tax expense 719,024 765,086 95,451 (1,556,768) (22,777) (1,579,545) 4 (1,392,344) (12,223) (1,404,567) (Loss) profit attributed to members of the parent entity (1,404,567) (1,579,545) Total comprehensive income for the year (1,404,567) (1,579,545) Basic earnings per share (cents) 6 (0.241) (0.352) Diluted earnings per share (cents) 6 (0.241) (0.352) a) What is your assessment about the performance of the company over the years (calculations are not necessary)? b) Now that you have a rough understanding of how Monax performed (you can also refer to Monax' annual report), what more information would you need to draw a reasonable conclusion about the performance of the firm (calculations are not necessary)

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