for the year ended 30 June 2022 FINANCIAL REPORT NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 66 Westgold Resources Limited Annual Report 2022 4. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONTINUED) Risk exposures and responses (continued) At the reporting date the Group’s exposure to interest rate risk for classes of financial assets and financial liabilities is set out below. Floating interest rate Fixed interest Non-interest bearing Total carrying amount 2022 Financial assets Cash and cash equivalents 142,701,502 40,000,000 – 182,701,502 Trade and other receivables – – 7,122,734 7,122,734 Financial assets at fair value through profit and loss – – 6,799,309 6,799,309 Other financial assets – 1,930,033 – 1,930,033 142,701,502 41,930,033 13,922,043 198,553,578 Financial liabilities Trade and other payables – – (88,017,524) (88,017,524) Lease liabilities – (10,909,353) – (10,909,353) Interest-bearing liabilities – (32,050,458) – (32,050,458) – (42,959,811) (88,017,524) (130,977,335) Net financial assets 67,576,243 2021 Financial assets Cash and cash equivalents 150,684,029 – – 150,684,029 Trade and other receivables – – 7,466,095 7,466,095 Financial assets at fair value through profit and loss – – 6,423,091 6,423,091 Other financial assets – 1,149,449 – 1,149,449 150,684,029 1,149,449 13,889,186 165,722,664 Financial liabilities Trade and other payables – – (83,783,431) (83,783,431) Lease liabilities – (7,338,534) – (7,338,534) Interest-bearing liabilities – (37,737,304) – (37,737,304) – (45,075,838) (83,783,431) (128,859,269) Net financial assets 36,863,395
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