83 Westgold Resources Limited Annual Report 2024 10. CASH AND CASH EQUIVALENTS 2024 2023 Cash at bank and in hand 236,039,162 176,411,855 Cash and Cash Equivalents 236,039,162 176,411,855 CASH FLOW RECONCILIATION Reconciliation of net profit after income tax to net cash flows from operating activities Profit before income tax 95,231,530 10,003,484 Amortisation and depreciation 137,591,936 153,812,376 Income tax expense 41,742,573 3,945,984 Share based payments 3,366,976 1,039,025 Unwinding of rehabilitation provision discount 2,488,328 770,760 Net gain on disposal of property, plant and equipment (935,585) (4,448,016) Fair value change in financial instruments (refer to Note 15) (2,477,258) 186,504 Exploration and evaluation expenditure written off (refer to Note 18) 286,140 – 277,294,640 165,310,117 CHANGES IN ASSETS AND LIABILITIES Decrease in inventories 11,139,349 13,342,615 Increase in trade and other receivables and prepayments (2,020,751) (754,936) Increase/(decrease) in trade and other creditors 57,249,072 (8,790,126) Increase/(decrease) in provisions 8,075,738 (674,452) Net cash flows from operating activities 351,738,048 168,433,218 At 30 June 2024, the Group had available $105,169,978 (2023: $8,457,321) of undrawn borrowing facilities. 11. TRADE AND OTHER RECEIVABLES (current) 2024 2023 Statutory receivables 5,938,752 5,858,984 Other debtors 906,749 995,927 Total trade and other receivables 6,845,501 6,854,911 Statutory receivables comprises of GST input tax credits and diesel fuel rebates. Other debtors are non-interest bearing and generally have a 30-60 day term. All trade and other receivables are classed as recoverable in full, none of which were past due. The carrying amount of other debtors approximate their fair value. Refer Note 4(b) for credit risk disclosures.
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