notes to and forming part of the financial statements  for the year ended 30 June 2004 (continued) 46 (a) This loan is interest free and has no fixed repayment date. RESOLUTE MINING LIMITED 2004 ANNUAL REPORT Consolidated Resolute Mining Limited 2004 2003 2004 2003 $’000 $’000 $’000 $’000 NOTE 5 - CASH ASSETS Cash at bank  10,001  11,143  -  -  Short term deposits  3,361  2,771  - -  Gold bullion 5,912 3,713 - - 19,274 17,627 - - NOTE 6 - RECEIVABLES (CURRENT) Sundry debtors 5,828  1,459  6  70  Convertible note (a) -  8,193  -  8,193  Deferred put option expenditure 3,099  2,150  -  -  Loans receivable from controlled entities (b) -  -  7,540  -  8,927 11,802 7,546 8,263 (a) On 29 January 2004, Northern Mining Explorations Limited (“MDN”) repaid RML their outstanding balance of US$5.5m.  (b) This loan is interest free and has no fixed repayment date. NOTE 7 - OTHER FINANCIAL ASSETS (CURRENT) Shares quoted on a prescribed stock exchange:  - at cost -  1,789  -  1,753  Total listed shares -  1,789  -  1,753  Unlisted shares in other corporations  - at cost - 3,635 - - Total unlisted shares -  3,635  -  -  Total other financial assets (current) -  5,424  - 1,753  Aggregate market value of shares listed on a prescribed stock exchange  -  2,360  -  2,300  NOTE 8 - INVENTORIES (CURRENT) Gold in circuit 3,043 1,429 - - Consumables 12,305 6,479 - - Ore stockpiles 10,594 8,545 - - 25,942 16,453 - - NOTE 9 - OTHER CURRENT ASSETS Prepayments 2,980 1,095 407 54 2,980 1,095 407 54 NOTE 10 - RECEIVABLES (NON-CURRENT) Term deposits 50 50 - - Loans receivable from controlled entities (a) -  -  13,490  30,229  50 50 13,490 30,229