ARC EXPLORATION LIMITED Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/13, 01/09/16
Name of entity
Arc Exploration LimitedACN or ARBN
Quarter ended ("current quarter")
48 002 678 640 30 September 2016Consolidated statement of cash flows | Current quarter $A'000 | Year to date (9 months) $A'000 |
1.9 Net cash from / (used in) operating activities | - (16) - - (19) (130) - 3 - - - - | - (53) - - (89) (372) - 10 - - - - |
(162) | (504) |
2.6 Net cash from / (used in) investing activities | - - - - - - - - - - - | - - - - - - - - - - - |
- | - |
+See chapter 19 for defined terms 1 September 2016
Mining exploration entity and oil and gas exploration entity quarterly reportConsolidated statement of cash flows | Current quarter $A'000 | Year to date (9 months) $A'000 |
3. Cash flows related to financing activities | - | 349 |
3.1 Proceeds from issues of shares | ||
3.2 Proceeds from issue of convertible notes | - | - |
3.3 Proceeds from exercise of share options | - | - |
3.4 Transaction costs related to issues of shares, convertible notes or options | - | (110) |
3.5 Proceeds from borrowings | - | - |
3.6 Repayment of borrowings | - | - |
3.7 Transaction costs related to loans and borrowings | - | - |
3.8 Dividends paid | - | - |
3.9 Other (provide details if material) | - | - |
3.10 Net cash from / (used in) financing activities | - | 239 |
4. Net increase / (decrease) in cash and cash equivalents for the period | 577 | 680 |
4.1 Cash and cash equivalents at beginning of period | ||
4.2 Net cash from / (used in) operating activities (item 1.9 above) | (162) | (504) |
4.3 Net cash from / (used in) investing activities (item 2.6 above) | - | - |
4.4 Net cash from / (used in) financing activities (item 3.10 above) | - | 239 |
4.5 Effect of movement in exchange rates on cash held | (9) | (9) |
4.6 Cash and cash equivalents at end of period | 406 | 406 |
Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) | Current quarter $A'000 | Previous quarter $A'000 |
240 166 - - | 373 - - 204 | |
406 | 577 |
Current quarter $A'000 |
- |
- |
-
Payments to directors of the entity and associates of the directors
Aggregate amount of payments to the parties included in item 1.2
Aggregate amount of loans to the parties included in item 2.3
Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2
Current quarter
$A'000
-
-
-
Payments to related entities of the entity and their associates
Aggregate amount of payments to the parties included in item 1.2
Aggregate amount of loans to the parties included in item 2.3
Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2
+See chapter 19 for defined terms 1 September 2016
Mining exploration entity and oil and gas exploration entity quarterlyTotal facility
Amount drawn at
amount at quarter
quarter end
end
$A'000
$A'000
-
Financing facilities available
Add notes as necessary for an understanding of the position.
Loan facilities
Credit standby arrangements
Other (please specify)
Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those
The quarterly report provides a basis for informing the market how the entity's activities have been financed for the past quarter and the effect on its cash position. An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.
If this quarterly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.
Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.
9. Estimated cash outflows for next quarter | $A'000 |
9.1 Exploration and evaluation | 20 |
9.2 Development | - |
9.3 Production | - |
9.4 Staff costs | 20 |
9.5 Administration and corporate costs | 65 |
9.6 Other (provide details if material) | - |
9.7 Total estimated cash outflows | 105 |
10. Changes in interests in mining tenements | Tenement reference and location | Nature of interest | Interest at beginning of quarter | Interest at end of of quarter |
10.1 Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced | ||||
10.2 Interests in mining tenements and petroleum tenements acquired or increased |
+See chapter 19 for defined terms 1 September 2016
Compliance statement
1
This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
2 This statement does give a true and fair view of the matters disclosed.
Sign here: Date: 27-10-16
(Company Secretary)
Print name: Andrew J Cooke
Notes
+See chapter 19 for defined terms
Arc Exploration Limited published this content on 27 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 October 2016 08:51:04 UTC.
Original documenthttp://www.arcexploration.com.au/irm/PDF/2053/QuarterlyCashflowReportSeptember2016Qtr
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