for the year ended 30 June 2022 FINANCIAL REPORT 49 Westgold Resources Limited Annual Report 2022 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Notes 2022 2021 Continuing operations Revenue 5 647,576,618 571,170,198 Cost of sales 7(a) (620,300,818) (455,456,036) Gross profit 27,275,800 115,714,162 Other income 6 4,663,417 2,292,234 Finance costs 7(b) (1,398,660) (347,475) Other expenses 7(c) (12,967,460) (10,881,936) Impairment of mine properties and property plant and equipment 17 (175,535,410) – Net (loss) gain on fair value changes of financial assets 15 (2,014,040) 5,202,140 Exploration and evaluation expenditure written off 18 (110,165) (86,058) Profit (loss) before income tax from continuing operations (160,086,518) 111,893,067 Income tax benefit (expense) 8 48,967,227 (35,141,187) Net Profit for the year (111,119,291) 76,751,880 Other comprehensive profit for the year, net of tax – – Total comprehensive profit for the year (111,119,291) 76,751,880 Total comprehensive profit attributable to: members of the parent entity (111,119,291) 76,751,880 (111,119,291) 76,751,880 Earnings per share attributable to the ordinary equity holders of the parent (cents per share) Basic profit per share Continuing operations 9 (25.32) 18.16 Diluted profit per share Continuing operations 9 (25.32) 18.12
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