Westgold Resources Limited Annual Report 2021

71 Westgold Resources Limited Annual Report 2021 5. REVENUE 2021 2020 Sale of gold at spot 386,888,429 264,025,099 Sale of gold under forward contracts 184,212,700 201,126,150 Sale of gold under a prepay facility (refer Note 25) – 25,938,399 Mining and contracting services 69,069 1,178,623 Total revenue from contracts with customers 571,170,198 492,268,271 Disaggregated revenue per segment has been disclosed in Note 33. No revenue was recognised during the year for performance obligations satisfied in previous periods. The transaction price allocated to remaining performance obligations under forward contracts not recognised at the balance sheet date at 30 June 2021 is as follows: 2021 2020 Gold forward contracts - Within 1 year 179,148,738 247,470,000 - 1 to 2 years 153,556,062 164,980,000 332,704,800 412,450,000 The amounts due are for delivery of gold which will be paid within 3 days of delivery. 6. OTHER INCOME 2021 2020 Interest income calculated using the effective interest rate method 334,738 286,620 Net gain on sale of assets – 3,031,573 Other income 1,957,496 2,603,081 Total other income 2,292,234 5,921,274