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Interest in equity investees (Tables)
12 Months Ended
May 31, 2019
Interest in equity investees  
Summary of investment in associated company

 

 

 

 

 

 

 

 

    

May 31, 

    

May 31, 

 

 

2019

 

2018

Associated company

 

 

  

 

 

  

Althea Company Pty Ltd.

 

$

9,311

 

$

4,966

 

 

$

9,311

 

$

4,966

 

Summary of financial information of the Company's associate

 

 

 

 

 

 

 

 

    

March 31,

    

March 31,

 

 

2019

 

2018

Current assets

 

$

18,210

 

$

3,857

Non-current assets

 

 

1,125

 

 

 3

Current liabilities

 

 

(655)

 

 

(14)

Non-current liabilities

 

 

 —

 

 

 —

Net assets

 

$

18,680

 

$

3,846

 

Summary of reconciliation to carrying amount

 

 

 

 

 

 

 

 

 

    

May 31, 

    

May 31, 

 

 

2019

 

2018

Reconciliation to carrying amount:

 

 

  

 

 

  

Opening balance

 

$

4,966

 

$

 —

Transfer from long-term investments

 

 

 —

 

 

2,483

Cash contributions, net of share issuance costs

 

 

3,258

 

 

2,497

Gain on account of dilution of ownership

 

 

2,210

 

 

 —

Share of reported net loss

 

 

(1,123)

 

 

(14)

Closing balance

 

$

9,311

 

$

4,966