Toro : Energy Annual Report 2016

2016

annual report

Directors

Mr John Cahill (Chair)

Dr Vanessa Guthrie (Managing Director) Mr Richard Patricio

Mr Richard Homsany Mr Michel Marier

Company Secretary

Mr Todd Alder

Registered Office

33 Richardson Street, West Perth WA 6005

Principal Place of Business

33 Richardson Street, West Perth WA 6005

Share Registry

Computershare Investor Services Pty Ltd Level 5, 115 Grenfell Street, Adelaide SA 5000

Auditor

Grant Thornton Audit Pty Ltd

Level 1, 10 Kings Park Road West Perth WA 6005

Securities Exchange Listing

Toro Energy Limited shares are listed on the Australian Securities Exchange Ltd (ASX Code: TOE)

CONTENTS

Our Vision & Our Values	1
Chairman & Managing Director's Review	2
Nuclear Market	4
Company Performance	5
Directors' Report	14
Corporate Governance Statement	24
Auditor's Independence Declaration	25
Consolidated Statement of Profit or Loss & Other Comprehensive Income	26
Consolidated Statement of Financial Position	22
Consolidated Statement of Changes in Equity	28
Consolidated Statement of Cash Flows	29
Notes to the Financial Statements	30
Director's Declaration	61
Independent Auditor's Report	62
Appendix 1	65
Appendix 2	66
Appendix 3	67
Current Tenement Status	68
ASX Additional Information	69

2016 Annual Report

OUR VISION

TO BECOME THE NEXT AUSTRALIAN MID-TIER URANIUM PRODUCER

OUR VALUES

• WELLBEING We value the safety and wellbeing of every individual

• TEAM WORK We are a team: we all take responsibility for our actions together

• FOCUS We each contribute to our success with vision, energy, courage and effectiveness

• RESPECT We are open, honest and we listen with respect to others

• RELIABLE We do what we say we will do

• INTEGRITY We live these values every day with integrity

Toro Energy Limited 2016 Annual Report 1 | P a g e