Company: FECOF
Filing Date: 2025-07-15
Form Type: 20-F
Source: 0001477932-25-005053
Chunk: 62

Company: FEC Resources Inc.
Filing Date: 2025-07-15
Form: 20-F
Item: Item 18
Chunk 62
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 of shares outstanding, basic and diluted                       861,082,371                       861,082,371                       861,082,371  

The accompanying notes form an integral part of these financial statements

  F-5                
  Table of Contents  

FEC RESOURCES INC.

STATEMENTS OF CHANGES IN EQUITY

Expressed in United States Dollars

For the years ended December 31, 2024, 2023 and 2022

                                    Share capital                      Contributed surplus                                                                 
  Total net loss for the year                          -                                        -              -                 ( 244,437      ( 244,437  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance January 1, 2024           $                  17,620,625      $                        3,058,063      -              ( 18,895,319      1,783,369  
  Valuation gain on investment                         -                                        -              6,106,163                 -      6,106,163  
  Balance December 31, 2024         $                  17,620,625      $                        3,058,063      6,106,163      ( 19,139,756      7,645,095  

                                             Share capital                      Contributed surplus                     Deficit                                   
  Total comprehensive loss for the year                         -                                        -                              ( 191,795      ( 191,795  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance January 1, 2023                    $                  17,620,625      $                        3,058,063      $            ( 18,703,524      1,975,164  
  Balance December 31, 2023                  $                  17,620,625      $                        3,058,063      $            ( 18,895,319      1,783,369  

                                             Share capital                      Contributed surplus                     Deficit                                   
  Total comprehensive loss for the year                         -                                        -                              ( 193,182      ( 193,182  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance January 1, 2022                    $                  17,620,625      $                        3,058,063