Polo Resources Limited announced audited group earnings results for the year ended June 30, 2014. For the year, the company reported investment income of $4,324,000 against $390,000 a year ago. Group operating loss was $29,731,000 against $13,684,000 a year ago.

Loss before taxation was $19,112,000 against $16,178,000 a year ago. Retained loss for the year was $19,112,000 against $16,178,000 a year ago. Retained loss for the year attributable to equity holders of the parent was $16,280,000 against $16,173,000 a year ago.

Diluted loss per share was 6.55 cents against 6.33 cents a year ago. Net cash outflow from operating activities was $10,073,000 against $1,170,000 a year ago. Payments to acquire tangible assets were $3,838,000 against $22,012,000 a year ago.