The amounts provided to the chief operating decision maker with respect to totalassets and totalliabilities are measured in a manner consistent with that of the consolidated financial statements. Reportable segment assets and segment liabilities are equal to consolidated total assets and total liabilities respectively. These assets and liabilities are allocated in accordance with the operations of the segment. (b) Operating Segments All Other Australia Brazil Peru Segments Consolidated Segment Performance US$’000 US$’000 US$’000 US$’000 US$’000 Result for financial year ended 30 June 2021 Revenue – 170,809 – – 170,809 Other income 93 206 6 – 305 Total segment revenue 93 171,015 6 – 171,114 Expenses Business development and transition costs (81) (17,386) (97) – (17,564) Cost of sales – (111,375) – – (111,375) Depreciation and amortisation expense – non‑oil and gas assets (287) (271) (186) – (744) Exploration expenses 254 (2,580) (1,090) – (3,416) Finance costs (102) (15,131) (8) – (15,241) Inventory write‑down – (577) – – (577) Net foreign currency losses (16,839) 154 (368) – (17,053) Change in fair value of contingent consideration – (6,632) – – (6,632) Legal settlement – – (9,600) – (9,600) Share‑based payments expense (2,873) (2,033) – – (4,906) Other (7,483) (3,065) (1,331) – (11,879) Profit/ (loss) before income tax (27,318) 12,119 (12,674) – (27,873) Income tax benefit 7,816 24,442 – – 32,257 Profit/ (loss) for financial year (19,502) 36,560 (12,674) – 4,384 All Other Australia Brazil Peru Segments Consolidated Segment Performance US$’000 US$’000 US$’000 US$’000 US$’000 Restated result for financial year ended 30 June 2020 Revenue – – – – – Other income 7,754 336 (12) – 8,078 Total segment revenue 7,754 336 (12) – 8,078 Expenses Business development and transition costs – (14,474) – – (14,474) Cost of sales – – – – – Depreciation and amortisation expense – non‑oil and gas assets (173) (362) (169) – (704) Exploration expenses (629) (788) (51,006) (103) (52,526) Finance costs (49) (2,109) (22) – (2,180) Inventory write‑down – – (12,717) – (12,717) Net foreign currency losses – – – – – Share‑based payments expense (1,707) (559) – – (2,266) Other (6,553) (2,258) (1,172) – (9,983) (Loss) before income tax (1,357) (20,214) (65,098) (103) (86,772) Income tax benefit 608 – – 26 634 (Loss) for financial year (749) (20,214) (65,098) (77) (86,138) Karoon Energy Ltd 113 Annual Report 2021