Note 28. Events after the reporting period On 15 July 2024, the Company announced that a member of the Board of Directors, Michael Sandy, acquired 1,000,000 FPO shares, increasing his holding in the Company to 7,300,000 securities. On 15 July 2024, the Company announced that a member of the Board of Directors, Peter Stickland, acquired 1,000,000 FPO shares, increasing his holding in the Company to 14,827,419 securities. On 16 July 2024, the Company announced that a member of the Board of Directors, Andrew Purcell, acquired 4,500,000 FPO shares, increasing his holding in the Company to 241,100,097 securities. On 31 July 2024, the Company announced the resignation of Cate Friedlander and appointment of Uno Makotsvana as Company Secretary. On 11 September 2024 the Company announced the approval of the Block 9 Amistad Field Development stating that the Company remains on target to exporting its first trial cargo of oil by the end of calendar year 2024. On 19 September 2024, the Company announced that one of its wholly owned subsidiaries had been granted petroleum exploration permit WA-552-P located offshore Western Australia in the Dampier Sub-basin of the Northen Carnarvon basin. No other matter or circumstance has arisen since 30 June 2024 that has significantly affected, or may significantly affect the Consolidated Entity’s operations, the results of those operations, or the Consolidated Entity’s state of affairs in future financial years. Note 29. Reconciliation of Profit/(Loss) after income tax to net cash used in operating activities 30-June-24 $ 30-June-23 $ Profit/(Loss) after income tax expense for the year 3,259,760 (1,001,999) Adjustments for: Depreciation and amortisation 135,476 125,642 Share-based payments 552,807 404,684 Foreign exchange differences 98,692 597,808 Change in operating assets and liabilities (Increase) in other receivables (3,880,430) (1,620,742) (Increase) in prepayments (506,062) (1,029,986) (Decrease) in trade and other payables (3,677,989) (392,084) Increase/(decrease) in provisions 346,785 (209,399) Net cash used in operating activities (3,670,961) (3,126,076) Note 30. Earnings per share 30-June-24 $ 30-June-23 $ Profit/(loss) after income tax attributable to the owners of Melbana Energy Limited 3,529,549 (1,001,999) Weighted average number of ordinary shares used in calculating basic earnings per share 3,370,204,104 3,285,215,346 Weighted average number of ordinary shares used in calculating diluted earnings per share 3,402,159,066 3,317,693,239 Cents Cents Basic earnings per share 0.10 (0.03) Diluted earnings per share 0.10 (0.03) Notes to the Consolidated Financial Statements for the year ended 30 June 2024 66 Melbana Energy Limited Annual Report 2024
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