Icon Energy Limited Annual Report 2024

26 Icon Energy Annual Report 2024 Consolidated Statement of Changes in Equity for the year ended 30 June 2024 ICON ENERGY LIMITED AND ITS CONTROLLED ENTITIES FOR THE YEAR ENDED 30 JUNE 2024 Ordinary Share Capital (Note 10) Accumulated Losses Contributed Capital Total $ $ $ $ Balance 1 July 2022 103,458,324 (101,677,256) - 1,781,068 - - (5,537,787) - (5,537,787) - - - - Total comprehensive loss for the year - (5,537,787) - (5,537,787) Shares issued 662,184 - - 662,184 Share issue costs (3,639) - - (3,639) Contributed capital - - 141,103 141,103 Total transactions with owners 658,545 - 141,103 799,648 104,116,869 (107,215,043) 141,103 (2,957,071) Balance 1 July 2023 104,116,869 (107,215,043) 141,103 (2,957,071) Total comprehensive income: - Loss for the year - (1,156,056) - (1,156,056) Other comprehensive loss - - - - Total comprehensive loss for the year - (1,156,056) - (1,156,056) Contributed capital - - 1,570 1,570 Total transactions with owners - - 1,570 1,570 104,116,869 (108,371,099) 142,673 (4,111,557) The accompanying notes form part of these financial statements. Loss for the year Other comprehensive loss Balance at 30 June 2023 - attributable to owners of parent entity Balance at 30 June 2024 - attributable to owners of parent entity Total comprehensive income: Transactions with owners in their capacity as owners: Transactions with owners in their capacity as owners: CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

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