Carbon Minerals Limited reported audited consolidated earnings results for the year ended December 31, 2015. For the period, the company reported consolidated loss of the consolidated entity after providing for income tax amounted to AUD 7,238,077 or 38 cents per basic and diluted share against AUD 31,311 or 0.17 cents per basic and diluted share a year ago. The 2015 loss is primarily due to an impairment charge of AUD 7.142 million after tax against the historical book value of the group's assets.

Revenue from continuing operations was AUD 131,383 against AUD 198,140 a year ago. Loss before income tax was AUD 7,238,077 against AUD 31,311 a year ago. Net cash outflow from operating activities was AUD 476,293 against AUD 289,574 a year ago.