Simavita Online Annual Report 2017

Share Capital $ Reserves $ Retained Losses $ Totals $ Balance at July 1, 2015 55,330,848 3,478,067 (48,617,928) 10,190,987 Net Loss for the period – – (11,457,221) (11,457,221) Movement in Share-based payments reserve – 89,235 – 89,235 Other comprehensive income, net of tax – 70,995 – 70,995 Total comprehensive loss for the period – 160,230 (11,457,221) (11,296,991) Transactions with owners Issue of common shares for cash 9,128,000 – – 9,128,000 Equity transaction costs (375,024) – – (375,024) Total transactions with owners 8,752,976 – – 8,752,976 Balance at June 30, 2016 64,083,824 3,638,297 (60,075,149) 7,646,972 Net Loss for the period – – (7,752,516) (7,752,516) Movement in share-based payments reserve – 1,053,326 – 1,053,326 Other comprehensive income, net of tax – (10,855) – (10,855) Total comprehensive loss for the period – 1,042,471 (7,752,516) (6,710,045) Transactions with owners Issue of common shares for cash 2,348,109 – – 2,348,109 Reversal of lapsed options vested not exercised – (1,766,045) 1,766,045 – Equity transaction costs (188,853) – – (188,853) Cancellation of fractional shares (24) – – (24) Total transactions with owners 2,159,232 (1,766,045) 1,766,045 2,159,232 Balance at June 30, 2017 66,243,056 2,914,723 (66,061,620) 3,096,159 The accompanying notes form an integral part of these consolidated financial statements Consolidated Statement of Changes in Equity for the year ended June 30, 2017 19

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