Impact Minerals Limited Annual Report 2021

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2021 Impact Minerals Ltd Annual Report 2021 94 The Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes. Notes CONSOLIDATED 2021 $ 2020 $ Revenue from operating activities 3(a) 15,630 20,703 Other income 3(a) 140,152 477,526 Corporate and administration expense (717,709) (546,103) Depreciation expense 11 (39,072) (39,388) Employee benefits expense 3(b) (383,217) (888,680) Impairment of exploration expenditure 12 (3,712,774) (113,146) Loss on disposal of controlled entity - (504,731) Occupancy expense (63,184) (91,346) Loss before tax from continuing operations (4,760,174) (1,685,165) Income tax expense 5 - - Loss for the year from continuing operations (4,760,174) (1,685,165) Other comprehensive income (OCI) Items that will not be reclassified to profit or loss Change in the fair value of financial assets through OCI 10 45,000 - Other comprehensive income for the year (net of tax) 45,000 - Total comprehensive loss for the year attributable to the owners of Impact Minerals Limited (4,715,174) (1,685,165) Cents per share Cents per share Loss per share attributable to the owners of Impact Minerals Limited Basic and diluted loss per share 19 (0.26) (0.12)