The operating loss after income tax of the Consolidated Group for the year ended 30 June 2021 was $20,836,213 (2020: loss of
$8,662,373). The operating loss for the year ended 30 June 2021 included legal claims against the group of $5,043,069 relating to
a fire at the premises of Envirostream Australia Pty Ltd, a 90% subsidiary of the Consolidated Group. If settlement occurs for these
claims, it is expected that insurances are sufficient to meet the liabilities.
Nice work...................
Ann: Annual Report to shareholders, page-2
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