Speciality Metals International Limited Annual Report 2020

36 Speciality Metals International Limited Annual Report 2020 Page | 37 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2020 Attributable to the Shareholders of Speciality Metals International Limited CONSOLIDATED Issued Capital $ Accumulated Losses $ Reserves $ Total Equity $ AT 1 JULY 2018 3,553,567 (1,318,746) 437,615 2,672,436 Profit / (loss) for the period - 3,813,890 - 3,813,890 Other comprehensive income for the period - (5,027) - (5,027) Total comprehensive loss for the period - 3,808,863 - 3,808,863 Issue of share capital 4,378,166 - - 4,378,166 Share issue costs (280,654) - - (280,654) Share based payments - 433,844 (433,844) - Performance Rights Vested but not Exercised - - 326,229 326,229 Total transactions with owners in their capacity as owners 4,097,512 433,844 (107,615) 4,423,742 BALANCE AT 30 JUNE 2019 7,651,079 2,923,961 330,000 10,905,040 AT 1 JULY 2019 7,651,079 2,923,961 330,000 10,905,040 Profit / (loss) for the period - (3,016,453) - (3,016,453) Prior year adjustment 4,898 - 4,898 Other comprehensive income for the period - 773 - 773 Total comprehensive loss for the period - (3,010,782) - (3,010,782) Issue of share capital 7,703,192 - - 7,703,192 Share issue costs (376,154) - - (376,154) Share based payments 45,000 - - 45,000 Performance rights converted to shares - - (330,000) (330,000) Total transactions with owners in their capacity as owners 7,372,038 - - 7,042,038 BALANCE AT 30 JUNE 2020 15,023,117 (86,821) - 14,936,296 Consolidated Statement of Changes in Equity For the year ended 30 June 2020