Nyrada Inc - Annual Report 2021

Annual Report FY21 39 Consolidated Statement of Changes in Equity For the Year Ended 30 June 2021 Issued capital Reserves Accumulated losses Total equity $ $ $ $ Balance at 1 July 2019 37,003 1,519,937 (6,511,406) (4,954,466) Loss after income tax expense for the year - - (5,773,667) (5,773,667) Other comprehensive income for the year, net of tax - - - - Total comprehensive income for the year - - (5,773,667) (5,773,667) Transactions with owners in their capacity as owners: Issue of Common Stock 11,400,000 - - 11,400,000 Conversion of convertible note to Common Stock 4,317,750 (762,045) - 3,555,705 Share issue costs (905,296) - - (905,296) Recognition of share-based payments - 2,204,324 - 2,204,324 Transfer vested option reserve 757,892 (757,892) - - Balance at 30 June 2020 15,607,349 2,204,324 (12,285,073) 5,526,600 Balance at 1 July 2020 15,607,349 2,204,324 (12,285,073) 5,526,600 Loss after income tax expense for the year - - (3,539,253) (3,539,253) Other comprehensive income for the year, net of tax - - - - Total comprehensive income for the year - - (3,539,253) (3,539,253) Transactions with owners in their capacity as owners: Issue of Common Stock 11,870,579 - - 11,870,579 Issuance of Common Stock - Advisors 304,615 - - 304,615 Share issue costs (782,537) - - (782,537) Share-based payments - Broker options (1,214,494) 1,214,494 - - Share-based payments - reclassification in share capital (648,332) 648,332 - - Share-based payments - exercise of options 183,152 (183,152) - - Share-based payments - lapse of options - (268,707) 268,707 - Share-based payments – vesting - 1,111,622 - 1,111,622 Balance at 30 June 2021 25,320,332 4,726,913 (15,555,619) 14,491,626 The above consolidated statement of changes in equity should be read in conjunction with the accompanying notes.