Siren Gold Limited Annual Report 2021

22 Parent Information Siren Gold Limited is the ultimate Australian parent entity and ultimate parent of the Group. Siren Gold Limited did not enter into any trading transactions with any related party during the year. a. Statement of Financial Position 2021 $ 2020 $ Current Assets 14,226,101 10,619,836 Non-Current Assets 28,500 28,500 Total Assets 14,254,601 10,648,336 Current Liabilities 169,573 111,624 Total Liabilities 169,573 111,624 Net Assets 14,085,028 10,536,712 Equity Issued capital 16,973,505 12,440,958 Reserves 878,306 878,306 Accumulated losses (3,766,783) (2,782,552) Total Equity 14,085,028 10,536,712 b. Statement of Profit or Loss and Other Comprehensive Income Year ended 31 Dec 2021 $ Year ended 31 Dec 2020 $ Loss for the year (1,118,587) (1,460,182) Other comprehensive income – – Total comprehensive income (1,118,587) (1,460,182) c. Guarantees There are no guarantees entered into by Siren Gold Limited for the debts of its subsidiaries as at 31 December 2021 (2020: none). d. Contractual commitments The parent company has no capital commitments at 31 December 2021 (2020: $nil). The parent company’s other commitments are disclosed in Note 17 Commitments. e. Contingent liabilities The parent company’s other commitments are the same as those disclosed in Note 19 Contingent liabilities. 23 Auditor’s Remuneration 2021 $ 2020 $ Auditing or reviewing the financial reports 25,952 21,560 Notes to the Consolidated Financial Statements for the year ended 31 December 2021 Siren Gold Limited 52