FINANCIAL REPORT NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the year ended 30 June 2024 76 Westgold Resources Limited Annual Report 2024 The fair value of the financial instruments as well as the methods used to estimate the fair value are summarised in the table below. Quoted market price (Level 1) Valuation technique market observable inputs (Level 2) Valuation technique non-market observable inputs (Level 3) Total 2024 FINANCIAL ASSETS Instruments carried at fair value Listed investments 8,010,952 – – 8,010,952 8,010,952 – – 8,010,952 2023 FINANCIAL ASSETS Instruments carried at fair value Listed investments 8,157,712 – – 8,157,712 8,157,712 – – 8,157,712 (f) Changes in liabilities arising from financing activities Opening Cash flows New leases Reclassi- fication adjustment Closing Lease liability 2024 Current obligations 2,111,143 (2,267,368) 156,225 1,319,140 1,319,140 Non-current obligations 3,484,329 – 180,281 (1,319,140) 2,345,470 Total liabilities 5,595,472 (2,267,368) 336,506 – 3,664,610 2023 Current obligations 6,004,390 (6,493,657) 489,267 2,111,143 2,111,143 Non-current obligations 4,904,963 – 690,509 (2,111,143) 3,484,329 Total liabilities 10,909,353 (6,493,657) 1,179,776 – 5,595,472 Opening Cash flows Additions Reclassi- fication adjustment Closing Interest bearing liability 2024 Current obligations 13,831,645 (19,466,617) 5,634,973 22,057,764 22,057,764 Non-current obligations 8,063,701 – 42,881,140 (22,057,764) 28,887,078 Total liabilities 21,895,346 (19,466,617) 48,516,113 – 50,944,842 2023 Current obligations 16,837,629 (10,155,112) (6,682,516) 13,831,644 13,831,645 Non-current obligations 15,212,829 – 6,682,516 (13,831,644) 8,063,701 Total liabilities 32,050,458 (10,155,113) – – 21,895,346 4. F INANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONTINUED) Risk exposures and responses (continued)
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