35 2025 2024 (b) Summarised financial information DMDME has a 31 December year-end (in line with the local shareholder). This differs from the yearend of the Group. DMDME applies the same accounting policies as the Group. The Group' s share of bank guarantees issued by DMDME is $8,000 (2024: $8,000) for which no liabilities are expected to arise. There are no capital commitments as at balance date. Profits from the associate cannot be distributed without the consent of both the Group and the local shareholder. The company is scaling back its operation in the Middle East. The following table illustrates summarised information of the investment in DMDME: Unlisted Carrying amount of the investment At the beginning of the year (5,737) (5,635) Share of results after taxation (234) (102) (5,971) (5,737) Movement in Loan Receivable 5,521 5,180 DMDME current year funding requirements for Contract Liabilities 450 557 At end of year - - The assets, liabilities and results of the operations of the associate are summarised below: Current assets 887 913 Total assets 887 913 Current liabilities 13,762 13,273 Non-current liabilities - 16 Total liabilities 13,762 13,289 Net assets (12,875) (12,376) Revenue 2 14 Loss after taxation* (468) (204) Total comprehensive loss after taxation (468) (204) Consolidated *The Group's share of losses in DMDME and its subsidiaries is loss of $0.2 million (2024: loss of $0.1 million). 10. Investments in and loans to associates and others (continued) All figures are in A$000's
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