EQ Resources Limited Annual Report 2021

38 EQ Resources Limited Annual Report 2021 ANNUAL Report June 2021 Consolidated Statement of Changes in Equity 24 Consolidated Statement of Changes in Equity For the Year ended 30 June 2021 Attributable to the Shareholders of EQ Resources Limited Consolidated Issued Capital $ Accumulated Losses $ Reserves $ Total Equity $ At 1 July 2019 7,651,079 2,923,961 330,000 10,905,040 Profit / (loss) for the period - (3,016,453) - (3,016,453) Adjustment to prior year - 4,898 - 4,898 Other comprehensive income for the period - 773 - 773 Total comprehensive loss for the period - (3,010,782) - (3,010,782) Issue of share capital 7,703,192 - - 7,703,192 Share issue costs (376,154) - - (376,154) Share based payments 45,000 - - 45,000 Performance Rights Vested but not Exercised - - (330,000) (330,000) Total transactions with owners in their capacity as owners 7,372,038 - (330,000) 7,042,038 BALANCE AT 30 JUNE 2020 15,023,117 (86,821) - 14,936,296 At 1 July 2020 15,023,117 (86,821) - 14,936,296 Profit / (loss) for the period - (4,575,738) - (4,575,738) Adjustment to prior year (50) - - (50) Other comprehensive income for the period - 1,547 - 1,547 Total comprehensive loss for the period (50) (4,574,191) - (4,574,241) Issue of share capital 6,500,000 - - 6,500,000 Share issue costs (919,152) - - (919,152) Share based payments - - 782,831 782,831 Total transactions with owners in their capacity as owners 5,580,848 - 782,831 6,363,679 Balance at 30 June 2021 20,603,915 (4,661,012) 782,831 16,725,734 Consolidated Statement of Changes in Equity For the year ended 30 June 2021