Consolidated Entity Disclosure Statement 30 June 2024 Set out below is a list of entities that are consolidated in this set of Consolidated financial statements at the end of the financial year. Entity Name Body Corporate, partnership or trust Place of Incorporation % of share capital held directly or indirectly by the Company in the body corporate Australian or Foreign tax resident (for tax purposes) Jurisdiction for Foreign tax resident 2024 2023 Melbana Energy Limited Body corporate Australia – – Australian N/A Methanol Australia Pty Ltd Body corporate Australia 100% 100% Australian N/A MEO International Pty Ltd Body corporate Australia 100% 100% Australian N/A Melbana Exploration Pty Ltd Body corporate Australia 100% 100% Australian N/A Melbana Operations Pty Ltd Body corporate Australia 100% 100% Australian N/A LNG Australia Pty Ltd Body corporate Australia 100% 100% Australian N/A Finniss Offshore Exploration Pty Ltd Body corporate Australia 100% 100% Australian N/A Melbana Energy AC/P70 Pty Ltd Body corporate Australia 100% 100% Australian N/A Melbana Energy Block 9 Pty Ltd Body corporate Australia 100% – Australian N/A MAY Energía España SL Body corporate Spain 100% – Foreign Spain MAY Operaciones España SL Body corporate Spain 100% – Foreign Spain Key assumptions and judgements Determination of Tax Residency Section 295 (3A) of the Corporation Acts 2001 requires that the tax residency of each entity which is included in the Consolidated Entity Disclosure Statement (CEDS) be disclosed. In the context of an entity which was an Australian resident, “Australian resident” has the meaning provided in the Income Tax Assessment Act 1997. The determination of tax residency involves judgment as the determination of tax residency is highly fact dependent and there are currently several different interpretations that could be adopted, and which could give rise to a different conclusion on residency. In determining tax residency, the consolidated entity has applied the following interpretations: – Australian tax residency The consolidated entity has applied current legislation and judicial precedent, including having regard to the Commissioner of Taxation’s public guidance in Tax Ruling TR 2018/5. – Foreign tax residency The consolidated entity has applied current legislation and where available judicial precedent in the determination of foreign tax residency. Where necessary, the consolidated entity has used independent tax advisers in foreign jurisdictions to assist in its determination of tax residency to ensure applicable foreign tax legislation has been complied with. 68 Melbana Energy Limited Annual Report 2024
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