M8 Sustainable Limited (M8S) 2020年年度报告「ASX」.pdf

1、Annual Report 2020sustainablerecyclingM8 Sustainable Limited Annual Report 2020ContentsYear in Brief1Managing Directors Report3Business Locations8Board of Directors10Financial Report Detailed Index11Independent Auditors Report28Auditors Independence Declaration33Shareholder Information72Corporate Di

2、rectory75M8 Sustainable Limited(ACN 620 758 358)(M8S)is a Western Australian based business that owns andoperates a high-quality,waste recycling and disposal portfolio.Operations were acquired to integrate wastestreams,maximise synergies and establish a tier-one,full-service waste management operati

3、on.1Year in Brief Successful completion of IPO raising$19.5M Listed on the ASX in December 2019(ASX code:M8S)Recommenced trading at the Maddington Waste Facility in August 2019 Maddington Waste Facility experiencing encouraging activity levels towards the end of FY20 Construction of the Gingin Landf

4、ill Facility commenced with thebulk earthworks completed Loss after tax of$13.8M($7.2m pcp)largely due to one-off expenses associated with the IPO and impairment losses recognised in FY20 Net assets of$20.7M and cash of$4.2M as at the end of FY20IPO RAISING$19.5MNET ASSETS$20.7MCASH$4.2M2M8 Sustaina

5、ble Limited Annual Report 20203I am pleased to present the Companys first annual report to shareholders.The last 12 months have been a transformational yearfor M8 Sustainable,underpinned by the successfulcompletion of our Initial Public Offering listing in December,which resulted in the Company rais

6、ing$19.5 million and welcoming a number of institutionaland sophisticated investors to our register.The Company operates a metropolitan constructionand demolition waste processing facility in Maddington,while our key growth asset is a majornew bioreactor landfill facility at Gingin in Perthsnorth,cu