IRELAND INC. Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2016 12 months to Dec 31, 2016	FY2015 12 months to Dec 31, 2015	FY2014 12 months to Dec 31, 2014	FY2013 12 months to Dec 31, 2013	FY2012 12 months to Dec 31, 2012
Revenue
Operating expenses
Mineral and exploration expense related party
Related Party Transactions
General
Total mineral and exploration expense related party
General and administrative
Related Party Transactions
General
Total general and administrative
Loss on asset disposal
Depreciation
Gain on asset disposal
Mineral and property holding costs
Related Party Transactions
General
Total mineral and property holding costs

Abandonment of mineral rights
Total operating expenses

Loss from operations
Other income (expense)
Interest income
Rental Income, Nonoperating
Change in derivative liability
Interest expense
Total other income (expense)
Loss before income taxes
Income tax expense
Net loss
Unrealized loss on investments, net of deferred tax
Total comprehensive loss
Loss per common share - basic and diluted
Weighted average common shares outstanding -
basic and diluted

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