Westgold Resources Limited Annual Report 2021

92 Westgold Resources Limited Annual Report 2021 for the year ended 30 June 2021 FINANCIAL REPORT NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 33. OPERATING SEGMENTS (CONTINUED) Other disclosures Capital expenditure consists of additions of property, plant and equipment, mine properties and development and exploration and evaluation expenditure including assets from the acquisition of subsidiaries. The following table presents revenue and profit information for reportable segments for the years ended 30 June 2021 and 30 June 2020. MGO CGO FGO Other Total Year ended 30 June 2021 External revenue Sale of gold at spot 159,820,033 128,211,446 98,856,950 – 386,888,429 Sale of gold under forward contracts 80,906,273 61,502,176 41,804,251 – 184,212,700 Mining and contracting services – – – 69,069 69,069 Total segment revenue 240,726,306 189,713,622 140,661,201 69,069 571,170,198 Results Depreciation and amortisation (56,420,333) (51,444,120) (31,413,778) (852,009) (140,130,240) Exploration and evaluation expenditure written off (40,997) (35,638) (9,423) – (86,058) Segment (loss) profit 32,539,833 40,233,943 42,842,540 (335,687) 115,280,629 Total assets 220,191,947 396,979,551 123,621,044 32,465 740,825,007 Total liabilities (82,885,129) (91,337,560) (36,025,281) (14,632) (210,262,602) Capital expenditure (87,777,406) (140,595,398) (37,817,451) – (266,190,255) Year ended 30 June 2020 External revenue Sale of gold at spot 94,889,987 85,345,963 83,789,150 – 264,025,100 Sale of gold under forward contracts 103,711,436 50,514,975 46,899,739 – 201,126,150 Sale of gold under a prepayment facility 12,969,199 12,969,199 – – 25,938,398 Mining and contracting services – – – 1,178,623 1,178,623 Total segment revenue 211,570,622 148,830,137 130,688,889 1,178,623 492,268,271 Results Depreciation and amortisation (68,288,134) (45,259,226) (25,155,454) (900,123) (139,602,937) Exploration and evaluation expenditure written off (222,595) (98,152) (35,570) – (356,317) Segment profit (loss) 8,379,385 (12,641,721) 33,236,970 (734,293) 28,240,341 Total assets 189,724,542 301,119,381 113,175,719 13,077,793 617,097,436 Total liabilities (81,497,781) (72,469,552) (36,709,743) (62,890) (190,739,966) Capital expenditure (82,842,250) (99,721,650) (27,391,009) (994,176) (210,949,085)