Westgold Resources Limited Annual Report 2022

as at 30 June 2022 FINANCIAL REPORT CONSOLIDATED STATEMENT OF FINANCIAL POSITION 50 Westgold Resources Limited Annual Report 2022 Notes 2022 2021 CURRENT ASSETS Cash and cash equivalents 10 182,701,502 150,684,029 Trade and other receivables 11 7,122,734 7,466,095 Inventories 12 96,082,089 59,129,368 Prepayments 13 5,427,078 4,035,977 Other financial assets 14 1,930,033 1,149,449 Total current assets 293,263,436 222,464,918 NON-CURRENT ASSETS Financial assets at fair value through profit and loss 15 6,799,309 6,423,091 Property, plant and equipment 16 147,916,103 166,748,178 Mine properties and development 17 263,803,557 407,335,920 Exploration and evaluation expenditure 18 104,577,467 89,738,936 Right-of-use assets 19 10,814,702 7,258,887 Total non-current assets 533,911,138 677,505,012 TOTAL ASSETS 827,174,574 899,969,930 CURRENT LIABILITIES Trade and other payables 20 88,017,524 83,783,431 Provisions 21 13,066,226 11,405,262 Interest-bearing loans and borrowings 23 22,842,019 22,962,067 Unearned income 25 – – Total current liabilities 123,925,769 118,150,760 NON-CURRENT LIABILITIES Provisions 22 69,669,839 77,118,556 Interest-bearing loans and borrowings 24 20,117,792 22,113,771 Deferred tax liabilities 8 25,693,717 75,226,536 Total non-current liabilities 115,481,348 174,458,863 TOTAL LIABILITIES 239,407,117 292,609,623 NET ASSETS 587,767,457 607,360,307 EQUITY Issued capital 26 463,468,148 364,077,523 Retained earnings (accumulated losses) 27 (73,079,253) 46,522,657 Share-based payments reserve 28 15,884,931 15,266,496 Other reserves 28 181,493,631 181,493,631 TOTAL EQUITY 587,767,457 607,360,307 C

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