Icon Energy Annual Report 2023 43 ICON ENERGY LIMITED AND ITS CONTROLLED ENTITIES FOR THE YEAR ENDED 30 JUNE 2023 NOTES 30 June 2023 30 June 2022 $ $ Interest received and other income 2a 40,726 1,948 Administration expenses 4 (840,618) (612,516) Depreciation and amortisation expense (116,863) (374,766) Employee benefits and expenses (239,246) (211,585) Occupancy expense (42,922) - Profit on sale of current assets 2b 5,535 21,078 Exploration asset write off 7 (3,937,029) - Write down of inventories 6 - 18,965 Tenement expenditure (392,249) (305,989) Finance costs (15,121) (5,211) Loss before income tax (5,537,787) (1,468,076) Income tax expense 3 - - Loss for the year from continuing operations (5,537,787) (1,468,076) Other comprehensive income Items that may be reclassified subsequently to profit or loss - - Total other comprehensive loss for the year, net of tax - - Total comprehensive loss for the year (5,537,787) (1,468,076) Earnings per share 13 (0.72) (0.21) The accompanying notes form part of these financial statements. CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME Continuing operations Basic and diluted loss per share (cents per share) From continuing operations 43 Consolidated Statement of Profit or Loss and Other Comprehensive Income for the year ended 30 June 2023
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