FINANCIAL REPORT NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the year ended 30 June 2025 106 WESTGOLD RESOURCES LIMITED 19. PROVISIONS (current) 2025 $000 2024 $000 Provision for annual leave 22,724 13,146 Provision for long service leave 1,527 1,643 Other provisions 785 – 25,036 14,789 20. PROVISIONS (non-current) 2025 $000 2024 $000 Provision for long service leave 7,068 8,560 Provision for rehabilitation (a) 122,702 62,453 129,770 71,013 (a) Provision for rehabilitation The Group makes full provision for the future cost of rehabilitating mine sites and related production facilities on a discounted basis at the time of developing the mines and installing and using those facilities. The rehabilitation provision represents the present value of rehabilitation costs relating to mine sites, which are expected to be incurred up to 2041 which is when the producing mine properties are expected to cease operations. Assumptions based on the current economic environment have been made, which management believe is a reasonable basis upon which to estimate the future liability. These estimates are reviewed regularly to take into account any material changes to the assumptions. However, actual rehabilitation costs will ultimately depend upon future market prices for the necessary rehabilitation works required that will reflect market conditions at the relevant time. Furthermore, the timing of rehabilitation is likely to depend on when the mines cease to produce at economically viable rates. This, in turn, will depend upon future gold prices, which are inherently uncertain. The inflation rate used in the calculation of the provision as at 30 June 2025 is 2.5 % (2024: 2.5%). The discount rates used in the calculation of the provision as at 30 June 2025 range from 3.72% to 4.52% (2024: range from 4.06% to 4.28%). Refer to Note 3 for further detail. (b) Non-current movements in provision for rehabilitation 2025 $000 2024 $000 At 1 July 62,453 62,626 Acquisition as part of the business combination 44,507 – Disposal of subsidiary - Lakewood (8,704) – Change in estimates 20,667 (2,661) Unwind of discount 3,779 2,488 At 30 June 122,702 62,453
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