FY2021
Financing restores cash
Net financing more than covered operating and investing cash outflows.
ASX: CBY · Five-year financial review
(ASX: CBY) Canterbury Resources Financial Review - FY2021~25
Canterbury’s FY2021-FY2025 financial record shows a small cash base supporting an exploration portfolio with partner funding. Project resource growth and group liquidity are separate questions: neither a resource estimate nor capitalised exploration is cash.
Reading the figures: Units are stated above each table or beside the metric. Brackets denote negative amounts. Supported nil is shown as zero; unlike reporting bases remain separately labelled.
FY2025 cash
A$0.705m
Consolidated closing cash.
Group equity
A$11.310m
Accounting equity, not cash.
Net loss
A$1.072m
Annual consolidated result.
Current liabilities
A$0.702m
At 30 June 2025.
Five years in context
The Briggs resource update sits alongside Alma Metals funding under an earn-in. The project-wide resource is not presented as wholly attributable Canterbury metal or valued as revenue.
Partner funding covers most of the stated FY2026 minimum exploration requirement. Group operating costs and financial obligations remain visible in their own cash and liability measures.
Events behind the numbers
FY2022
Loss includes an impairment
The loss included a capitalised-expenditure impairment, while cash declined.
FY2023
A narrow cash cushion
Cash closed below A$0.3m despite another net financing inflow.
FY2024
Cash recovers
Financing and a small investing inflow lifted closing cash; the statutory loss remained negative.
FY2025
Partner funding and a later SPP
Briggs funding continued under an earn-in. The August SPP announcement was after year-end and is not included as June cash.
FINANCIAL REVIEW / 01
A large exploration asset does not remove funding needs
The auditor identified capitalised exploration of about A$11.2m as a key audit matter because recovery depends on development, exploitation or sale. No mineral valuation is inferred from that carrying amount.
Closing cash
A$ million
Cash and equivalents
AI-generated presentation · values from Consolidated liquidity and equity; no missing values plotted as zero.
Group equity
A$ million
Total equity
AI-generated presentation · values from Consolidated liquidity and equity; no missing values plotted as zero.
Consolidated liquidity and equity
A$ million
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cash and equivalents | 0.546 | 0.363 | 0.294 | 0.753 | 0.705 |
| Total equity | 11.668 | 11.232 | 11.316 | 11.244 | 11.310 |
Cash and accounting equity are different measures; capitalised exploration is not immediately available funding.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
FINANCIAL REVIEW / 02
Financing offsets recurring cash consumption
The latest investing inflow is small compared with operating cash outflows. Financing and foreign-exchange effects help explain why the annual cash change differs from operating cash alone.
Loss and operating cash
A$ million
Loss after taxNet operating cash flow
AI-generated presentation · values from Loss and operating cash; no missing values plotted as zero.
Financing and investing
A$ million
Net financing cash flowNet investing cash flow
AI-generated presentation · values from Investment and funding cash; no missing values plotted as zero.
Loss and operating cash
A$ million
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Loss after tax | (1.312) | (1.795) | (0.818) | (0.705) | (1.072) |
| Net operating cash flow | (0.815) | (0.932) | (0.871) | (0.564) | (0.877) |
FY2021 loss uses the FY2022 comparative; FY2024 loss uses the FY2025 comparative. Group results, not parent-only information.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
Investment and funding cash
A$ million
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Net investing cash flow | (1.049) | (0.229) | (0.034) | 0.027 | 0.076 |
| Net financing cash flow | 2.357 | 0.979 | 0.837 | 0.998 | 0.808 |
Positive investing flows in FY2024-FY2025 include net exploration recoveries. They are not mine sales. Exchange movements also affect closing cash.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
FINANCIAL REVIEW / 03
Read current obligations separately from future funding
The non-underwritten August share purchase plan targeted A$0.75m before costs; it was not completed June funding. The related-party loan carried a November repayment date and a stated interest rate of 7.86%.
Cash and current liabilities
A$ million
Cash and equivalentsTotal current liabilities
AI-generated presentation · values from Latest obligations and liquidity; no missing values plotted as zero.
Latest obligations and liquidity
A$ million
| Metric | FY2024 | FY2025 |
|---|---|---|
| Cash and equivalents | 0.753 | 0.705 |
| Total current liabilities | 1.211 | 0.702 |
| Current financial liabilities | 0.400 | 0.300 |
Financial liabilities are included in current liabilities, not additional to them. The related-party loan is unsecured and repayable in November 2025.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
Reading the figures
- FY2025 total-assets rows are not retained in the selected statement extract; equity is shown directly without fabricating an asset total.
- The annual extraction contains an incomplete explanation of the equity movement; this report does not claim to reconcile that movement.
- Resource and partner-funding descriptions are stored extraction claims, not a new review of earn-in ownership or original resource documents.
- Prepared from existing year-by-year extraction records only. No raw-source retrieval, database query, financial web research or MiniMax call. Primary-author review, not an independent original-document audit; published.
Annual-report source registry
- Canterbury Resources - Annual Report to shareholdersExisting annual extraction, including separately identified historical comparatives.
- Canterbury Resources - Annual Report to shareholders FY22Existing annual extraction, including separately identified historical comparatives.
- Canterbury Resources - FY23 Annual ReportExisting annual extraction, including separately identified historical comparatives.
- Canterbury Resources - FY24 Annual ReportExisting annual extraction, including separately identified historical comparatives.
- Canterbury Resources - FY25 Annual ReportExisting annual extraction, including separately identified historical comparatives.
Prepared solely from the existing year-by-year extraction datasets. No raw annual-report body, PDF, new database lookup or financial web research was used. Review is against those stored extractions, not a new independent original-document audit.
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