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NOTE 14 — OTHER FINANCIAL ASSETS
Investments (unquoted):
Controlled entities 34 — — 37,189 37,189
Associates 16 — — 1,500 13,750
Other entities 502 502 — —
502 502 38,689 50,939
In the Parent Entity financial statements, investments in associates are accounted for at cost less impairment losses recognised, whereas in the
Group financial statements investments in associates are accounted for using the equity method (refer Note 16).
During the year, an impairment loss was recognised in respect of the Company’s investment in Atlab Holdings Pty Limited. Refer Note 35 for details.
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