Originally Posted by
Minerbarejet
Do we take these for granted?:)
From notes to financial statements Annual Report 2014
4. CXBLADDER RESEARCH REBATE
During the financial year the Group received revenue from the Australian Tax Office for a Research
and Development tax incentive rebate claim for the year ended 31 March 2012. Due to the time taken
between submission of the rebate claim and the receipt of funds, this revenue is recognised on a cash
basis in accordance with NZ IAS 18. A further claim has been submitted for the 2013 financial year.
2 years behind?
5. GRANTS RECEIVED
During the 2014 financial year the Company submitted a claim for partial reimbursement of costs with
New Zealand Trade & Enterprise in line with their funding agreement (2013: Grant received from New
Zealand Trade & Enterprise).
Paid when?
A further claim has been submitted to Callaghan Innovation (formerly the
Ministry of Business, Innovation and Employment) which relates to a postgraduate intern and summer
student.
Again, Paid when?
The Company was also awarded a Callaghan Innovation Growth Grant commencing 1 January
2014. A claim for January to March 2014 has been submitted to Callaghan Innovation in line with this
agreement.
$375.000 presumably paid in this Half Year with the remaining $1,125,000 paid in Full Year
All conditions of the grants have been complied with.