Westgold Resources Limited Annual Report 2023

as at 30 June 2023 FINANCIAL REPORT CONSOLIDATED STATEMENT OF FINANCIAL POSITION 51 Westgold Resources Limited Annual Report 2023 Notes 2023 2022 CURRENT ASSETS Cash and cash equivalents 10 176,411,855 182,701,502 Trade and other receivables 11 6,854,911 7,122,734 Inventories 12 82,739,473 96,082,089 Prepayments 13 6,449,836 5,427,078 Other financial assets 14 4,149,443 1,930,033 Total current assets 276,605,518 293,263,436 NON-CURRENT ASSETS Financial assets at fair value through profit and loss 15 8,157,712 6,799,309 Property, plant and equipment 16 140,903,171 147,916,103 Mine properties and development 17 258,787,650 263,803,557 Exploration and evaluation expenditure 18 123,487,370 104,577,467 Right-of-use assets 19 5,310,415 10,814,702 Total non-current assets 536,646,318 533,911,138 TOTAL ASSETS 813,251,836 827,174,574 CURRENT LIABILITIES Trade and other payables 20 79,227,398 88,017,524 Provisions 21 11,809,258 13,066,226 Interest-bearing loans and borrowings 23 15,942,787 22,842,019 Total current liabilities 106,979,443 123,925,769 NON-CURRENT LIABILITIES Provisions 22 66,274,692 69,669,839 Interest-bearing loans and borrowings 24 11,548,031 20,117,792 Deferred tax liabilities 8 30,110,372 25,693,717 Total non-current liabilities 107,933,095 115,481,348 TOTAL LIABILITIES 214,912,538 239,407,117 NET ASSETS 598,339,298 587,767,457 EQUITY Issued capital 25 462,997,480 463,468,148 Accumulated losses 26 (63,075,769) (73,079,253) Share-based payments reserve 27 16,923,956 15,884,931 Other reserves 27 181,493,631 181,493,631 TOTAL EQUITY 598,339,298 587,767,457

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