for the year ended 30 June 2023 FINANCIAL REPORT 50 Westgold Resources Limited Annual Report 2023 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Notes 2023 2022 Continuing operations Revenue 5 654,371,234 647,576,618 Cost of sales 7(a) (631,598,901) (620,300,818) Gross profit 22,772,333 27,275,800 Other income 6 10,999,888 4,663,417 Finance costs 7(b) (2,457,285) (1,398,660) Other expenses 7(c) (17,369,902) (12,967,460) Impairment of mine properties and property plant and equipment 17 – (175,535,410) Net (loss)/ gain on fair value changes of financial assets 15 4,435 (2,014,040) Exploration and evaluation expenditure written off 18 – (110,165) Profit/(loss) before income tax from continuing operations 13,949,469 (160,086,518) Income tax benefit/(expense) 8 (3,945,985) 48,967,227 Net Profit/(Loss) for the year 10,003,484 (111,119,291) Other comprehensive profit for the year, net of tax – – Total comprehensive profit/(loss) for the year 10,003,484 (111,119,291) Total comprehensive profit/(loss) attributable to: members of the parent entity 10,003,484 (111,119,291) 10,003,484 (111,119,291) Earnings per share attributable to the ordinary equity holders of the parent (cents per share) Basic profit/(loss) per share Continuing operations 9 2.11 (25.32) Diluted profit/(loss) per share Continuing operations 9 2.11 (25.32)
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