44 Icon Energy Annual Report 2023 ICON ENERGY LIMITED AND ITS CONTROLLED ENTITIES AS AT 30 JUNE 2023 NOTES 30 June 2023 30 June 2022 $ $ CURRENT ASSETS Cash and cash equivalents 5 1,480,933 1,845,450 Trade and other receivables 57,792 2,118 Prepayments 103,680 80,483 Performance guarantee bonds 756,220 - TOTAL CURRENT ASSETS 2,398,625 1,928,051 NON-CURRENT ASSETS 13,975 19,689 Exploration and evaluation expenditure 7 - 4,296,230 Performance guarantee bonds - 756,220 Right-of-use asset 8 - 37,905 13,975 5,110,044 TOTAL ASSETS 2,412,600 7,038,095 CURRENT LIABILITIES Trade and other payables 177,453 96,501 Employee benefits 52,743 87,235 Lease liabilities 8 - 41,315 Provisions 10 4,746,017 - 4,976,213 225,051 NON-CURRENT LIABILITIES Non-interest bearing borrowings 4d, 9 393,458 - Provisions 10 - 5,031,976 393,458 5,031,976 TOTAL LIABILITIES 5,369,671 5,257,027 NET ASSETS (2,957,071) 1,781,068 EQUITY Issued capital 11 104,116,869 103,458,324 Contributed capital 141,103 - Accumulated losses (107,215,043) (101,677,256) TOTAL EQUITY (2,957,071) 1,781,068 The accompanying notes form part of these financial statements. Property, plant and equipment TOTAL NON-CURRENT ASSETS TOTAL NON-CURRENT LIABILITIES TOTAL CURRENT LIABILITIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION Consolidated Statement of Financial Position as at 30 June 2023
RkJQdWJsaXNoZXIy MjE2NDg3