content_image/220015.jpg content_image/220022.jpg
## 30 June 2014 

## Notes to the Financial Statements 

## Total secured liabilities 

The total secured liabilities (current and non-current) are as follows: 

<img src='content_image/220015.jpg'>

## Assets pledged as security 

The bank overdraft and loans are secured by: 

• General Security Agreements over the whole of the assets and undertakings of Mineral Resources Ltd, Crushing Services International Pty Ltd, Process Minerals International Pty Ltd, Polaris Metals Pty Ltd, PIHA Pty Ltd, Auvex Resources Pty Ltd and Mineral Resources (Equipment) Pty Ltd; 

• Negative pledges with respect to financial covenants; and 

• Interlocking guarantees. 

The lease liabilities are effectively secured as the rights to the leased assets, recognised in the statement of financial position, revert to the lessor in the event of default. 

## Financing arrangements 

Unrestricted access was available at the reporting date to the following lines of credit: 

<img src='content_image/220022.jpg'>

