The company posted a loss of A$363 million (US$276.7 million) for the 12 months to 30 June, an increase on the A$230.2 million net loss booked in the 2015 financial year.
Increasing AWE’s losses in the recent financial year was A$291.8 million in impairments after lower oil prices led to a review of the carrying value of the company’s assets.
Adjusting for non-recurring items, AWE’s underlying loss amounted to A$67.4
