b'CENTAURUS METALS ANNUAL REPORT 2023Financial Report31 December 2023Note 18.Trade and Other Payables 31 December31 December 20232022 $ $ Current Trade and other creditors2,086,4293,286,165 Accrued expenses1,265,2711,302,851 3,351,7004,589,016 Note 19.Financial Liability31 December31 December 20232022 $ $ Current Land possession 212,0281,432,088 212,0281,432,088Non-Current Land possession -183,926 -183,926 Note 20.Leases The Group leases motor vehicles, offices and warehouse facilities. The leases are typically for a period of 1 to 5 years. During the current year a new lease was entered into for staff housing for the Jaguar Project. A right of use asset and lease liability have been recognised as a result of these lease. The Group has applied the exemptions available under AASB 16 for short term leases and leases of low value. 31 December31 December 20232022 $ $ Current239,075540,419 Non-Current267,979488,512 507,0541,028,931 Lease payments excluding interest are payable as follows 31 December31 December 20232022 $ $ Less than one year239,075540,419 Between one to three years267,979488,512 507,0541,028,931 Amounts Recognised in Profit or Loss 31 December31 December 20232022 $ $ Interest on lease liabilities32,85433,388 Expenses relating to short-term leases454,543243,837 Expenses relating to leases of low-value assets, excluding short term leases of low value assets17,3977,901 Page 43 of 54 ANNUAL REPORT CENTAURUS METALS LIMITED CENTAURUS METALS LIMITED ANNUAL REPORT 7170'