Rule 4.7B
Quarterly report for entities subject to Listing Rule 4.7BName of entity
ENVIROMISSION LIMITED
ABN Quarter ended ("current quarter")
52 094 963 238
31-Dec-16
Consolidated statement of cash flows1 | Cash flows related to operating activities | Current quarter $A'000 | Year to date (6 months) $A'000 |
1.1 | Fee income - development rights | - | 67 |
1.2 | Payments for (a) research and development | - | - |
(b) product manufacturing and operating costs | - | - | |
(c ) advertising and marketing | - | - | |
(d) leased assets | - | - | |
(e) staff costs | (28) | (57) | |
(f) administration and corporate costs | (3) | (297) | |
1.3 | Dividends received (see note 3) | - | - |
1.4 | Interest received | - | - |
1.5 | Interest and other costs of finance paid | - | - |
1.6 | Income taxes paid | - | - |
1.7 | Government grants and tax incentives | - | - |
1.8 | Other (provide details if material) | - | - |
1.9 | Net operating cash flows | (31) | (287) |
Appendix 4C Page 1
Current qu $A'00 | arter 0 | Year to date (6 months) $A'000 | |
2 | Cash flows related to investing activities | - | - |
2.1 | Payment to acquire : | ||
(a) property, plant and equipment | |||
(b) businesses (item 10) | - | - | |
(c) investments | - | - | |
(d) intellectual property | - | - | |
(e) other non-current assets | - | - | |
2.2 | Proceeds from disposal of: | ||
(a) property, plant and equipment | - | - | |
(b) businesses (item 10) | - | - | |
(c) investments | - | - | |
(d) intellectual property | - | - | |
(e) other non-current assets | - | - | |
2.3 | Cash flows from loans to other entities | - | - |
2.4 | Dividend received (see note 3) | - | - |
2.5 | Other (provide details if material) | - | - |
2.6 | Net investing cash flows | - | - |
3 | Cash flows related to financing activities | - | - |
3.1 | Proceeds from issue of shares | ||
3.2 | Proceeds from issue of convertible notes | - | - |
3.3 | Proceeds from exercise of share options | - | 47 |
3.4 | Transaction costs related to issue of shares, convertible notes or options | ||
(4) | (42) | ||
3.5 | Proceeds from borrowings | - | 119 |
3.6 | Repayment of borrowings | (3) | (6) |
3.7 | Transaction costs related to loans and borrowings | - | - |
3.8 | Dividends paid | - | - |
3.9 | Other (provide details if material) | - | - |
3.1 | Net financing cash flows | (7) | 118 |
4 | Net increase / (decrease) in cash and cash equivalents for the | 36 | 36 |
period | |||
4.1 | Cash and cash equivalent at beginning of quarter/year to date | ||
4.2 | Net cash from /(used in) operating activities (item 1.9 above) | (31) | (287) |
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) | (7) | 118 |
4.5 | Effect of movement in exchange rates on cash held | 8 | 139 |
4.6 | Cash and cash equivalents at end of quarter | 6 | 6 |
Appendix 4C Page 2
5 | Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts | Current quarter $A'000 | Previous quarter $A'000 |
5.1 | Cash on hand and at bank | 6 | 36 |
5.2 | Call deposits | - | - |
5.3 | Bank overdraft | - | - |
5.4 | Other (provide details) | - | - |
5.5 | Cash and cash equivalents at end of quarter (should equal item 4.6 above) | 6 | 36 |
Current quarter $A'000 |
47 |
- |
-
Payments to directors of the entity and their associates
Aggregate amount of payments to these parties included in item 1.2
Aggreagate amount of cash flow from loans to these aprties included in item 2.3
Included below any explanation necessary to understand the transactions included in items 6.1 and 6.2
Consultancy fee and services fee paid to directors for the services provided.
Current quarter
$A'000
-
-
-
Payments to related entities of the entity and associates of the related entities
Aggregate amount of payments to these parties included in item 1.2
Aggreagate amount of cash flow from loans to these aprties included in item 2.3
Loan facilities
Credit standby arrangements
Others - Reserve Equity Finance Others - Promissory Note
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 facilities as well.
This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
This statement does give a true and fair view of the matters disclosed.
7.3
8Included below any explanation necessary to understand the transactions included in items 7.1 and 7.2.
Financing facilities availableAdd notes as necessary for an understanding of the position. (See AASB 1026 paragraph 12.2).
Amount available $A | Amount used $A |
250,000 | Nil |
Nil | Nil |
Nil | Nil |
Nil | Nil |
(1) EnviroMission has a loan facility of $250,000 from an "unrelated" shareholder at an interest rate of 10% per annum.
Appendix 4C Page 3
9 | Estimated cash outflows for next quarter | $A'000 | |
9.1 | Research and development | - | |
9.2 | Product manufacturing and operating costs | - | |
9.3 | Advertising and marketing | - | |
9.4 | Leased assets | - | |
9.5 | Staff costs | (25) | |
9.6 | Administration and corporate costs | (3) | |
9.7 | Other (provide details if material) | - | |
9.8 | Total estimated cash outflows | (28) |
10 Acquisitions and disposals of business entities items 2.1 (b) and 2.2 (b) above | Acquisitions | Disposals |
10.1 Name of entity | N/A | N/A |
10.2 Place of incorporation or registration | N/A | N/A |
10.3 Consideration for acquisition or disposal | N/A | N/A |
10.4 Total net assets | N/A | N/A |
10.5 Nature of business | N/A | N/A |
Sign here: Date: 2 February 2017
(Director)
Print name: Roger Davey
Notes1
2
3
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 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 standard applies 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.
Appendix 4C Page 4
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