Westgold Resources Online Annual Report 2024

FINANCIAL REPORT NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the year ended 30 June 2024 78 Westgold Resources Limited Annual Report 2024 7. EXPENSES 2024 2023 (A) COST OF SALES Gold production Salaries, wages expense and other employee benefits 189,562,334 160,623,325 Other production costs 211,818,329 295,008,423 Royalty expense 21,446,524 23,082,403 Depreciation and amortisation expense Depreciation of non-current assets: Plant and equipment 38,962,003 43,906,314 Buildings 2,152,512 1,986,122 Right-of-use assets 1,810,550 6,139,491 Amortisation of non-current assets: Mine properties and development costs 93,744,527 100,852,823 Total cost of sales 559,496,779 631,598,901 (B) FINANCE COSTS Interest expense 2,191,625 1,686,525 Unwinding of rehabilitation provision discount 2,488,328 770,760 Total finance costs 4,679,953 2,457,285

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