81 Westgold Resources Limited Annual Report 2023 2023 2022 Movement in mine properties and development Mine properties At 1 July net of accumulated amortisation 173,248,695 272,124,342 Additions 2,717,004 51,886,544 Transfer from capital work in progress (refer to Note 16) 5,055,589 898,122 Transfer from mine capital development – 3,455,983 Transfer from exploration (refer to Note 18) – 1,518,725 Decrease in rehabilitation provision (2,720,408) (9,067,232) Amortisation charge for the year (23,729,892) (28,900,121) Impairment write-down – (118,667,667) At 30 June net of accumulated amortisation 154,570,988 173,248,695 Mine capital development At 1 July net of accumulated amortisation 90,554,862 135,211,578 Additions 90,510,400 98,653,906 Transfer from capital work in progress (refer to Note 16) 238,033 1,523,963 Transfer from exploration (refer to Note 18) – 1,722,869 Transfer to capital development – (3,455,983) Amortisation charge for the year (77,086,633) (98,634,979) Impairment write-down – (44,466,492) At 30 June net of accumulated amortisation 104,216,662 90,554,862 2023 2022 IMPAIRMENT OF MINE PROPERTIES AND DEVELOPMENT Murchison CGO CGU Mine properties – 107,892,672 Mine capital development – 1,530,969 Murchison MGO CGU Mine properties – 5,815,456 Mine capital development – 19,833,030 Property Plant and Equipment (refer to Note 16) – 10,637,100 Bryah FGO CGU Mine properties – 4,959,539 Mine capital development – 23,102,493 Property Plant and Equipment (refer to Note 16) – 1,764,151 Impairment loss before income tax 175,535,410 17. MINE PROPERTIES AND DEVELOPMENT (CONTINUED)
RkJQdWJsaXNoZXIy MjE2NDg3