Nyrada Inc Annual Report 2020

NYRADA INC (ASX:NYR) 26 Consolidated Statement of Financial Position As at 30 June 2020 Consolidated 2020 2019 Notes $ $ Assets Current assets Cash and cash equivalents 4 5,146,169 1,102,397 Trade, other receivables and prepayments 5 1,078,845 6 Total current assets 6,225,014 1,102,403 Non-current assets Property, plant and equipment 6 5,254 3,740 Intangibles 7 37,000 37,000 Total non-current assets 42,254 40,740 Total assets 6,267,268 1,143,143 Liabilities Current liabilities Trade and other payables 8 696,883 2,124,165 Convertible Notes 9 - 3,930,351 Employee benefits 10 43,785 43,093 Total current liabilities 740,668 6,067,609 Total liabilities 740,668 6,067,609 Net assets 5,526,600 (4,954,466) Equity Issued capital 11 15,607,349 37,003 Reserves 12 2,204,324 1,519,937 Accumulated losses 13 (12,285,073) (6,511,406) Total Equity 5,526,600 (4,954,466) The above statement of financial position should be read in conjunction with the accompanying notes