for the year ended 30 June 2024 59 Westgold Resources Limited Annual Report 2024 CONSOLIDATED STATEMENT OF CASH FLOWS Notes 2024 2023 OPERATING ACTIVITIES Receipts from customers 716,472,565 656,651,618 Interest received 7,846,175 3,457,455 Receipts from other income 764,967 1,012,415 Payments to suppliers and employees (371,154,034) (491,001,745) Interest paid (2,191,625) (1,686,525) NET CASH FLOWS FROM OPERATING ACTIVITIES 10 351,738,048 168,433,218 INVESTING ACTIVITIES Payments for property, plant and equipment (46,550,479) (45,273,252) Payments for mine properties and development (201,872,633) (95,357,436) Payments for exploration and evaluation (24,660,027) (18,909,901) Payments for financial assets (6,008,214) (1,955,248) Proceeds from sale of financial assets 15 8,632,232 476,062 Proceeds from performance bond facility 2,500,000 – Payments for performance bond facility – (2,219,410) Proceeds from sale of property, plant and equipment 2,318,592 5,165,090 NET CASH FLOWS USED IN INVESTING ACTIVITIES (265,640,529) (158,074,095) FINANCING ACTIVITIES Payments of equipment loans 4(f) (19,466,617) (10,155,112) Payments for lease liabilities (2,267,368) (6,493,658) Payments for dividends (4,736,227) – NET CASH FLOWS USED IN FINANCING ACTIVITIES (26,470,212) (16,648,770) Net increase/(decrease) in cash and cash equivalents 59,627,307 (6,289,647) Cash and cash equivalents at the beginning of the financial year 176,411,855 182,701,502 CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 10 236,039,162 176,411,855
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