The Group has transferred the significant
risks and rewards of ownership of coal to
the customer;
The Group retains neither continuing
managerial involvement to the degree
usually associated with the ownership nor
effective control over the coal sold;
The amount of revenue can be measured
reliably and it is probable that economic
benefits associated with the transaction
will flow to the Group; and
The costs incurred or to be incurred in
relation to the sales transaction can be
measured reliably.