Note 8. Financial assets at fair value through profit or loss continued Reconciliation of the written down values at the beginning and end of the financial year: 2025 $ 2024 $ Opening fair value 111,460 279,376 Fair value increments/(decrements) (41,574) (167,916) Closing fair value 69,886 111,460 Shares held in listed companies are recognised at the market value on the reporting date of $69,886 (2024: $111,460) under level 1 of the fair value hierarchy referred to in AASB 13 Fair Value measurement. It is noted that this value may fluctuate from period to period due to share price movements and changes in the exchange rate between the Australian Dollar and the Canadian Dollar. Note 9. Property, plant and equipment Office equipment $ Computer equipment $ Exploration equipment $ Right of use assets $ Mine infrastructure $ Total $ Carrying amount at 30 June 2023 23,377 173,622 480,947 26,679 386,291 1,090,916 Additions – 7,159 5,680 88,666 738,126 839,631 Disposals – (1,481) (12,443) – – (13,924) Depreciation expensed – (14,645) (26,119) (37,762) – (78,526) Depreciation capitalised as exploration (3,567) (88,692) (100,400) – – (192,659) Effect of movement in foreign exchange (100) (647) (1,908) – (1,661) (4,316) Carrying amount at 30 June 2024 19,710 75,316 345,757 77,583 1,122,756 1,641,122 Additions – – – – 168,941 168,941 Reallocation – – (5,868) – 5,868 – Disposals – – (2,179) (62,806) – (64,985) Depreciation expensed – (10,824) (11,015) (14,777) – (36,616) Depreciation capitalised as exploration (3,809) (52,609) (108,258) – – (164,676) Effect of movement in foreign exchange 422 1,883 7,897 – 18,452 28,654 Balance at 30 June 2025 16,323 13,766 226,334 – 1,316,017 1,572,440 As at 30 June 2024 At cost 54,150 335,395 707,849 88,666 1,122,756 2,308,816 Accumulated depreciation (34,440) (260,079) (362,092) (11,083) – (667,694) 19,710 75,316 345,757 77,583 1,122,756 1,641,122 As at 30 June 2025 At cost 54,713 339,681 709,535 – 1,316,017 2,419,946 Accumulated depreciation (38,390) (325,915) (483,201) – – (847,506) 16,323 13,766 226,334 – 1,316,017 1,572,440 Right of use assets relates to an office lease which was cancelled during the year. Notes to the Financial Statements for the year ended 30 June 2025 52 Sunstone Metals Limited Annual Report 2025
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