Westgold Resources Limited Annual Report 2020

7 Westgold Resources Limited Annual Report 2020 Financial Results Y/E 30 June 2020 Y/E 30 June 2019 Change Gold sales 235,196 220,705 7% Revenue $492.3m $418.3m 18% Net cash flow from operations $155.7m $81.2m 92% Net profit before tax $43.9m $12.7m 246% Net profit after tax $34.6m $14.1m 145% Closing cash & cash equivalents $137.6m $67.2m 105% Profit per share 8.65c 3.74c 131% Dividends paid (Demerger of Castile) $13.1m $0 100% Gold loan debt at year end $0.0m $25.5m repaid Net assets $521.9m $443.5m 18% Hedges ounces 200,000oz 183,500oz 9% Average hedge price $2,062/oz $1,827/oz 13%