For the year ended 30 June 2023 ANNUAL Report June 2023 Consolidated Statement of Changes in Equity 24 Consolidated Statement of Changes in Equity For the Year ended 30 June 2023 Attributable to the Shareholders of EQ Resources Limited Consolidated Issued Capital $ Accumulated Losses $ Reserves $ Total Equity $ At 1 July 2021 20,603,915 (4,661,012) 782,831 16,725,734 Profit / (loss) for the period - (6,064,984) - (6,064,984) Adjustment to prior year - - - - Other comprehensive income for the period - 1,933 - 1,933 Total comprehensive loss for the period - (6,063,051) - (6,063,051) Issue of share capital 2,004,100 - - 2,004,100 Share issue costs (415,310) - - (415,310) Share based payments - - 2,065,745 2,065,745 Total transactions with owners in their capacity as owners 1,588,790 - 2,065,745 3,654,535 Balance at 30 June 2022 22,192,705 (10,724,063) 2,848,576 14,317,218 At 1 July 2022 22,192,705 (10,724,063) 2,848,576 14,317,218 Profit / (loss) for the period - (3,716,459) - (3,716,459) Adjustment to prior year - - - - Other comprehensive income for the period - (387) - (387) Total comprehensive loss for the period - (3,716,846) - (3,716,846) Issue of share capital 5,332,000 - - 5,332,000 Share issue costs (302,645) - - (302,645) Share based payments - - 674,837 674,837 Total transactions with owners in their capacity as owners 5,029,355 - 674,837 5,704,192 Balance at 30 June 2023 27,222,060 (14,440,909) 3,523,413 16,304,564 Consolidated Statement of Changes in Equity 66 EQ Resources Limited Annual Report 2023
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