GOLD RIVER PROD : Financial Statement For The Year Ended December 31, 2021

GOLD RIVER PRODUCTIONS, INC.

For the Years Ended December 31, 2021 & 2020

C ON T E N T S

Page

BALANCE SHEETS (unaudited) ....................................................................................................... 3

STATEMENTS OF OPERATIONS (unaudited) ............................................................................... 4

STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) ....................................................... 5

STATEMENT OF CASH FLOWS (unaudited) ................................................................................. 6

NOTES TO FINANCIAL STATEMENTS (unaudited) .................................................................... 7

GOLD RIVER PRODUCTIONS, INC.

BALANCE SHEETS

For the Years Ended December 31, 2021 & 2020

ASSETS

CURRENT ASSETS

Cash and cash equivalents Prepaid expenses

2021

2020

Unaudited

$

4,341 $ 14,932

3,000 10,976

Unaudited

TOTAL CURRENT ASSETS

7,341 25,908

PROPERTY AND EQUIPMENT OTHER ASSETS

Stockholder notes receivable

Other - Investments and Joint Ventures

10,449 7,675

25,312 25,312

515,150 515,150

TOTAL ASSETS

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts payable Accrued expenses Income taxes payable

$

561,398 $ 575,845

$

78,792 $ 56,227

5,084 4,109

TOTAL CURRENT LIABILITIES

400 84,276

400 60,736

OFFICER LOAN PAYABLE STOCKHOLDERS' EQUITY

Common stock, $.000001 par value, 1,300,000,000 shares authorized, 1,238,901,842 shares issued and outstanding

Preferred stock, $.000001 par value, 9,995,000 shares authorized, 7,782,000 shares issued and outstanding

Capital in excess of par value - common stock Capital in excess of par value - preferred stock Stock subscription receivable

Retained deficit

194,551 164,819

112,786 112,566

7,782 7,782

834,183 695,778

53,568 53,568

20,860 70,860

(746,608)

(590,264)TOTAL STOCKHOLDERS EQUITY

282,571 350,290

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

$

561,398 $ 575,845

These financial statements have not been subject to audit, review or compilation engagement and no assurance is provided on them.

3

GOLD RIVER PRODUCTIONS, INC.

STATEMENTS OF OPERATIONS For Years Ending December 31, 2021 & 2020

INCOME

Revenues earned

Cost of revenues earned

EXPENSES

GROSS PROFIT (LOSS)

General and administrative

Depreciation & amortization and amortizationOPERATING LOSSOTHER INCOME (EXPENSE)

Interest expense

Gain on sale of marketable securities Grant income

Income (loss) before income taxes

2021

Unaudited

2020

Unaudited

$

4,299,130 $ 3,569,899

4,439,437 3,546,691

(140,307) 23,208

172,930 86,080

- 172,930

- 86,080

(313,237) (62,872)

(5,607) (3,799)

- 162,500

445,500 -156,893 441,701

(156,344) 378,829

Income tax expense

Income (loss) before minority interests

-

(156,344)

- 378,829

Minority interests

NET INCOME (LOSS)

$

- (156,344)

$

- 378,829

These financial statements have not been subject to audit, review or compilation engagement and no assurance is provided on them.

4

GOLD RIVER PRODUCTIONS, INC. STATEMENTS OF STOCKHOLDERS' EQUITY

For The Years Ending December, 2021 & 2020

Common Stock

Balance January 1, 2020

Shares Unaudited 991,401,842

Preferred Stock

• $ 112,549

  Amount UnauditedShares Unaudited 7,782,000

  Amount Unaudited

  • $ 7,782

    $

    Capital in Excess of Par Value Common Unaudited 680,795

    Capital in Excess of Par Value Preferred Unaudited

    • $ 53,568

      • $ (969,093) $

        Common	Total
        Retained	Stock	Stockholders'
        Earnings	Subscribed	Equity
        Unaudited	Unaudited	Unaudited

        80,860

        • $ (33,539)

          Sale of common stock

          Common stock subscribed

          5,000,000 5

          12,500,000 12

          Net income

          4,995 9,988

          -

      • -

        -

        -

        • 5,000

      • - 378,829

        -

        (10,000)

        • -

          -

          -

          -

          - 378,829

          Balance December 31, 2020

          Common stock for services

          Common stock subscription issued

          Net income

          Balance December 31, 2021

          1,008,901,842

• $ 112,566

  205,000,000 145

  25,000,000 75

  -

  1,238,901,842

  7,782,000

• $ 112,786

-

• $ 7,782

  - - 7,782,000

  - -

• $ 7,782

$

• $ 834,183

These financial statements have not been subject to audit, review or compilation engagement and no assurance is provided on them.

5

695,778 88,430 49,975

• $ 53,568

  -

  -

• $ 53,568

• $ (590,264) $

  -

  -

  (156,344)

• $ (746,608) $

70,860

• $ 350,290

  - 88,575

  (50,000)

  - 20,860

  50

  (156,344)

• $ 282,571