Ann: Half Year Results December 2015, page-58

Hi fellows, I just reviewed this HY statements and have some questions. Hope you guys can help me clarify them:

1. In income statement section, income tax is non-existing. Does it mean the tax is postponed? If so, the reported figure is owing (bolsted with) (31M* 30%) =US$9.3M right?

2. I am still confused how the US$40M EBITDA and profit of US$31 was calculated. From cash flow statement the gross cash income is only US$26,976K, how would this conclude profit before income tax expense of US$31,373k, which is mentioned in income statement section?

3. At this stage I feel the report a bit cranky. I hope I am wrong but it's hard to believe a company with AISC of $951 and only 62KOZ production could generate such an amazing earnings. Does anyone know about the integrity of the auditing institution Grant Thornton?

Cheers