Westgold Resources Limited Annual Report 2021

93 Westgold Resources Limited Annual Report 2021 33. OPERATING SEGMENTS (CONTINUED) (a) Reconciliation of profit (loss) 2021 2020 Segment profit (loss) 115,280,629 28,240,341 Corporate administration expenses (9,828,782) (7,915,557) Corporate interest income 334,738 286,620 Corporate other income 1,957,496 2,603,081 Gain on demerger of subsidiary – 8,727,618 Net gain on fair value changes of financial assets 5,202,140 8,888,756 Net (loss) gain on disposal of assets (1,053,154) 3,031,573 Total consolidated profit from continuing operations before income tax 111,893,067 43,862,432 (b) Reconciliation of assets Segment operating assets 740,825,007 617,097,435 Unallocated corporate assets Cash and cash equivalents 149,545,568 136,810,316 Trade and other receivables 57,478 170,765 Prepayments 700,969 525,681 Other financial assets 795,590 1,141,677 Financial assets (equity investments) 6,423,091 – Property, plant and equipment 1,106,052 709,025 Right-of-use assets 516,175 1,032,203 Total consolidated assets 899,969,930 757,487,102 (c) Reconciliation of liabilities Segment operating liabilities 210,262,602 190,739,966 Unallocated corporate liabilities Trade and other payables 3,914,097 1,736,621 Provision for employee benefits 2,644,100 2,395,708 Interest-bearing loans and borrowings 562,288 1,094,913 Deferred tax liability 75,226,536 39,659,067 Total consolidated liabilities 292,609,623 235,626,275 (d) Segment revenue from external customers Segment revenue 571,170,198 492,268,271 Total revenue 571,170,198 492,268,271