Icon Energy Annual Report 2019

Consolidated Statement of Changes in Equity ICON ENERGY LIMITED AND ITS CONTROLLED ENTITIES FOR THE YEAR ENDED 30 JUNE 2019 Ordinary Share Capital (Note 10) Foreign Currency Translation (Note 12) Accumulated Losses Total $ $ $ $ Balance 1 July 2017 101,984,750 427 (54,944,131) 47,041,046 - - (4,037,191) (4,037,191) - (120) - (120) Total comprehensive loss for the year - - (4,037,191) (4,037,311) Reserve transfer for performance rights vested - - - - Total transactions with owners - - - - 101,984,750 307 (58,981,322) 43,003,735 Balance 1 July 2018 101,984,750 307 (58,967,844) 43,017,213 Total comprehensive income: Loss for the year - - (31,372,498) (31,372,498) Other comprehensive loss - (307) - (307) Total comprehensive loss for the year - (307) (31,372,498) (31,372,805) Reserve transfer for performance rights vested Total transactions with owners - - - - 101,984,750 - (90,340,342) 11,644,408 The accompanying notes form part of these financial statements. Transactions with owners in their capacity as owners: Transactions with owners in their capacity as owners: Loss for the year Other comprehensive loss Balance at 30 June 2018 - attributable to owners of parent entity Balance at 30 June 2019 - attributable to owners of parent entity CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Total comprehensive income: 47 for the year ended 30 June 2019 43 Icon Energy Annual Report 2019