FINANCIAL REPORT NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the year ended 30 June 2025 102 WESTGOLD RESOURCES LIMITED 2025 $000 2024 $000 Land and buildings At 1 July net of accumulated depreciation 20,249 15,666 Acquisition as part of the business combination 3,027 – Transfer from capital works in progress 12,942 6,736 Depreciation charge for the year (3,193) (2,153) At 30 June net of accumulated depreciation 33,024 20,249 Capital work in progress At 1 July 89,668 30,360 Acquisition as part of the business combination 29,823 – Additions 91,212 106,505 Disposal of subsidiary - Lakewood (20,754) – Transfer to plant and equipment (126,024) (40,461) Transfer to land and buildings (12,942) (6,736) At 30 June 50,983 89,669 The carrying value of plant and equipment purchase under financing arrangements at 30 June 2025 is $107,375,302 (2024: $37,423,518). Assets under equipment loans are pledged as security for the related interest bearing liabilities (refer to Notes 21 and 22). 15. MINE PROPERTIES AND DEVELOPMENT 2025 $000 2024 $000 Mine properties Gross carrying amount at cost 1,361,291 389,710 Accumulated amortisation and impairment (356,509) (228,387) Net carrying amount 1,004,782 161,323 Mine capital development Gross carrying amount at cost 1,058,651 761,723 Accumulated amortisation and impairment (678,319) (558,791) Net carrying amount 380,332 202,932 Capital work in progress at cost 7,313 – Total mine properties and development costs 1,392,427 364,255 14. PROPERTY, PLANT & EQUIPMENT (CONTINUED)
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