b'Centaurus Metals Limited and its controlled entitiesCentaurus Metals Limited and its controlled entities CENTAURUS METALS ANNUAL REPORT 2024Financial Report 31 December 2024Financial Report 31 December 2024Note 15.Other Receivables and Prepayments16.2Movement in Carrying Amounts 2024 $2023 $Movements in the carrying amounts for each class of property, plant and equipment between beginning and end of the Currentcurrent financial year. R&D tax refund-1,304,7662024 $2023 $ Other receivables126,804296,889Plant and equipment Security deposits10,13376,293Carrying amount at beginning2,189,2981,599,340 Prepayments346,561411,012Addi]ons109,359964,968 483,4982,088,960Disposals(61,338)(73,528) Non CurrentDeprecia]on(306,479)(311,281) Other receivables4,743,0525,296,693Eect of movements in exchange rates(263,249)9,799 Provision for impairment(4,743,052)(5,296,693)Carrying amount at end1,667,5912,189,298 Security deposits200,58346,226Land and buildings 200,58346,226Carrying amount at beginning7,133,9446,293,909 Non-current Other Receivables include Brazilian federal VAT (PIS-Cofins) levied on the Groups purchases. Recoverability ofAddi]ons25,806252,583 PIS-Cofins assets is dependent upon the Group generating a federal company tax liability, which may be offset against theDisposals (67,742)- Groups PIS-Cofins assets if the Group elects to do so. Deprecia]on(38,273)(34,909) The current practice of the Group is to impair PIS-Cofins assets given the pre-development status of the Jaguar Project.Eect of movements in exchange rates(1,022,994)622,361 During the period the entity wrote off $5,000 which was previously provided for due to credits expiring (2023: $52,005). AnCarrying amount at end6,030,7417,133,944 impairment expense of $220,987 was recognized on indirect taxes receivable in 2024 (2023: $1,464,249). Information aboutRight of use asset (see also Note 20) the Groups exposure to credit and market risk and impairment losses for other receivables is included in Note 25.Carrying amount at beginning471,7481,010,707 Note 16.Property, Plant and EquipmentAddi]ons717,01312,578 Derecogni]on to right-of-use assets(229,065)(125,408) 16.1Carrying AmountDeprecia]on(271,846)(485,942) 2024 $2023 $Eect of movements in exchange rates(58,238)59,813 At cost9,526,14211,215,343Carrying amount at end629,612471,748 Accumulated deprecia]on(1,198,198)(1,420,353)8,327,9449,794,990 8,327,9449,794,990Note 17.Exploration and Evaluation Assets2024 $2023 $ Opening net book value13,670,87613,006,304 Addi]ons31,53259,263 Disposals-(40,000) Eect of movements in exchange rates(1,286,446)645,309 12,415,96213,670,876 Theultimaterecoupmentofexplorationandevaluationexpenditurecarriedforwardisdependentonsuccessful development and commercial exploitation or, alternatively, sale of the respective project areas. Note 18.Trade and Other Payables 2024 $2023 $ Current Trade and other creditors1,554,4392,086,429 Accrued expenses817,6761,265,271 2,372,1153,351,700Page 45 of 60Page 46 of 6070 ANNUAL REPORT CENTAURUS METALS LIMITED'