Rex International Holding Limited 2 4 3 NOTES TO THE FINANCIAL STATEMENTS 38 COMPARATIVE FIGURES (CONTINUED) Group Previously reported After reclassification 2023 2023 US$’000 US$’000 Statements of financial position Trade and other receivables 62,412 52,148 Contract assets – 10,264 Trade and other payables 91,888 52,475 Contract liabilities – 39,413 Consolidated statement of comprehensive income Finance income 3,037 8,637 Finance expense 23,212 28,812 Sale of crude oil and gas 207,015 222,387 Tax expense 12,667 28,039 39 SUBSEQUENT EVENTS In January 2025, Lime Petroleum AS, a subsidiary of the Group, was offered a 33.84% participating interest in a new offshore licence (PL1252) in the 2024 Awards in Predefined Areas Round in Norway. In February 2025, the Group issued a letter of award to a third party for a drilling rig to be deployed in Benin for its operations. The contractual payments relating to the non-cancellable lease term amounts to US$13,700,000. The final terms are subject to contract.
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