IGO Interactive Annual Report 2019

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 30 JUNE 2019 Notes to the consolidated financial statements 30 June 2019 (continued) 1 Segment information (continued) (b) Segment results (continued) Year ended 30 June 2018 Nova Operation Tropicana Operation Jaguar Operation Long Operation Growth Total $'000 $'000 $'000 $'000 $'000 $'000 Acquisition of property, plant and equipment 6,106 4,229 8,283 547 - 19,165 SPACE SPACE Depreciation and amortisation 159,777 54,532 13,826 22,835 55 251,025 SPACE Other non-cash expenses 827 396 276 110 - 1,609 (c) Segment net profit before income tax A reconciliation of reportable segment profit before income tax to profit before income tax is as follows: 2019 $'000 2018 $'000 Segment profit before income tax 132,444 93,786 Interest revenue on corporate cash balances and other unallocated revenue 5,327 11,848 Fair value movement of corporate financial investments (6,915) (587) Share-based payments expense (3,123) (3,267) Corporate and other costs and unallocated other income (18,445) (15,054) Borrowing and finance costs (5,222) (9,090) Depreciation expense on corporate assets (1,205) (1,108) Net gain on disposal of subsidiaries and other assets 2,587 2,538 Total profit before income tax 105,448 79,066 (d) Segment revenue A reconciliation of reportable segment revenue to total revenue is as follows: 2019 $'000 2018 $'000 Total revenue for reportable segments 779,185 766,098 Other revenue from continuing operations 5,327 11,848 Total revenue 784,512 777,946 Revenues for the Nova Operation were received from BHP Billiton Nickel West Pty Ltd (BHP Billiton Nickel West), Glencore International AG and Trafigura Pte Ltd. Revenues for the Tropicana Operation were received from The Perth Mint, Australia and the Company's financiers via forward sales contracts. Revenues for the Long Operation were all derived from a single customer, being BHP Billiton Nickel West. Revenues for the Jaguar Operation in the prior year were received from Glencore International AG and Trafigura Pte Ltd. Independence Group NL 11 IGO ANNUAL REPORT 2019 — 75