Impact Minerals Limited Annual Report 2021

CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2021 Impact Minerals Ltd Annual Report 2021 96 The Consolidated Statement Financial Position should be read in conjunction with the accompanying notes. Notes CONSOLIDATED 2021 $ 2020 $ ASSETS Current Assets Cash and cash equivalents 6 3,415,778 2,431,426 Trade and other receivables 7 38,999 72,433 Other current assets 8 27,047 35,234 Assets held for sale 9 115,141 - Total Current Assets 3,596,965 2,539,093 Non-Current Assets Financial assets at fair value through other comprehensive income 10 145,000 - Property, plant and equipment 11 25,319 37,549 Exploration expenditure 12 11,993,262 10,946,163 Other non-current assets 13 262,555 151,055 Total Non-Current Assets 12,426,136 11,134,767 TOTAL ASSETS 16,023,101 13,673,860 LIABILITIES Current Liabilities Trade and other payables 14 299,789 210,496 Short-term provisions 15 90,536 86,288 Total Current Liabilities 390,325 296,784 TOTAL LIABILITIES 390,325 296,784 NET ASSETS 15,632,776 13,377,076 EQUITY Issued capital 16 53,787,639 46,931,843 Option reserve 17 a) 901,996 1,005,268 Transactions with non-controlling interest 17 b) (1,161,069) (1,161,069) Financial asset reserve 10 45,000 - Accumulated losses 18 (37,940,790) (33,398,966) TOTAL EQUITY 15,632,776 13,377,076