OLIVER'S REAL FOOD LIMITED For personal use only
Oliver's Real Food Ltd | |||||
ABN 33 166 495 441 | |||||
22 November 2021 | PO Box 3678 | ||||
ASX Announcement | TUGGERAH NSW | ||||
(02) 4353 8055 | |||||
ASX - OLI | |||||
Monthly Appendix 4C - October 2021 | |||||
Further to ASX's request, pursuant to listing rules 18.7 and 18.8, that Oliver's Real Food Limited ("OLI" or the "Company") lodge a monthly report in the form of an Appendix 4C under listing rule 4.7B, commencing with an Appendix 4C for October, the Company provides Appendix 4C for the month ending 31 October 2021.
The Company's material business activities for October 2021 included:
- Company-storesales $567,520, down 80.84% on 2019 sales
- State performance compared with 2019: NSW down 84.55%, VIC down 80.34%, QLD down 3.60%
- All Stores now open, however some Stores are trading with reduced rosters.
- November sales are expected to improve across the Store network, but until the QLD border reopens, Store sales in NSW will continue to experience some impact from reduced traffic flows.
- Oliver's Food to Go sales were $370,655, and 4 more EG service stations were added, bringing the total service station to 172 as of October 2021.
The Company further reports that the expenditure of $45,000, in the October 4C, to related parties reported at Item 6.1 is solely Directors' fees paid to Non-Executive Directors and these payment relate to the period July to September 2021.
This ASX release has been authorised by the Board of Directors.
---END---
For further information please contact:
Kimley Wood, Chairman kimley.wood@oliversrealfood.com.au+ 61 (0) 401 117 997
About Oliver's Real Food Limited (ASX:OLI)
Page 1
Oliver's Real Food Limited (Oliver's) listed on the ASX on 21 June 2017. Over its 15-year operating history, Oliver's has established a significant market position providing a healthy fast food alternative for travellers on Australia's major arterial highways. Oliver's Real Food is the world's first "certified organic fast food chain" and provides its customers with premium quality, "real" food that is fresh, natural, & free from additives and preservatives. Oliver's is a conscious business that understands, and is committed to, the interdependency of "all stakeholders" including our, customers, investors, team members, suppliers, the environment, and the communities in which we operate. www.oliversrealfood.com.au
For personal use only
Page 2
For personal use only
Rule 4.7B
Appendix 4C
Monthly cash flow report for entities subject to Listing Rule 4.7B
Name of entity
OLIVERS REAL FOOD LIMITED | |
ABN | Month ended |
33 166 495 441 | OCTOBER 2021 |
Consolidated statement of cash flows | Current Month | Year to date | ||
$A'000 | (4 months) | |||
$A'000 | ||||
1. | Cash flows from operating activities | |||
1.1 | Receipts from customers | 1,091 | 3,787 | |
1.2 | Payments for | |||
(a) | research and development | -5 | -8 | |
(b) product manufacturing and operating | -1,158 | -4,027 | ||
costs | ||||
(c) | advertising and marketing | -15 | -57 | |
(d) | leased assets | 0 | -2 | |
(e) | staff costs | -403 | -1,536 | |
(f) administration and corporate costs | -159 | -554 | ||
1.3 | Dividends received (see note 3) | - | - | |
1.4 | Interest received | - | 2 | |
1.5 | Interest and other costs of finance paid | --91 | -463 | |
1.6 | Income taxes paid | - | - | |
1.7 | Government grants and tax incentives | 528 | 1,553 | |
1.8 | Other (provide details if material) | 0 | 0 | |
1.9 | Net cash from / (used in) operating | -212 | -1,305 | |
activities | ||||
2. | Cash flows from investing activities | |||
2.1 | Payments to acquire or for: | |||
(a) | entities | - | - | |
(b) | businesses | - | - | |
(c) property, plant and equipment | -60 | -105 | ||
(d) | investments | - | ||
(e) | intellectual property | -14 | -14 |
ASX Listing Rules Appendix 4C (17/07/20) | Page 1 |
+ See chapter 19 of the ASX Listing Rules for defined terms. |
For personal use only
Appendix 4C
Monthly cash flow report for entities subject to Listing Rule 4.7B
Consolidated statement of cash flows | Current Month | Year to date | ||
$A'000 | (4 months) | |||
$A'000 | ||||
(f) other non-current assets -Term | ||||
Deposit | - | - | ||
2.2 | Proceeds from disposal of: | |||
(a) | entities | - | - | |
(b) | businesses | - | - | |
(c) | property, plant and equipment | -5 | 19 | |
(d) | investments | -8 | 77 | |
(e) | intellectual property | - | 33 | |
(f) | other non-current assets | - | - | |
2.3 | Cash flows from loans to other entities | - | - | |
2.4 | Dividends received (see note 3) | - | - | |
2.5 | Other (provide details if material) | - | - | |
2.6 | Net cash from / (used in) investing | -87 | 10 | |
activities | ||||
3. | Cash flows from financing activities | |||
3.1 | Proceeds from issues of equity securities | - | - | |
(excluding convertible debt securities) | ||||
3.2 | Proceeds from issue of convertible debt | - | - | |
securities | ||||
3.3 | Proceeds from exercise of options | - | - | |
3.4 | Transaction costs related to issues of | |||
equity securities or convertible debt | - | - | ||
securities | ||||
3.5 | Proceeds from borrowings | 4,001 | 6,501 | |
3.6 | Repayment of borrowings (leased assets) | -134 | -684 | |
Repayment of borrowings | -5,453 | -5,470 | ||
3.7 | Transaction costs related to loans and | 3 | 11 | |
borrowings | ||||
3.8 | Dividends paid | - | - | |
3.9 | Other (provide details if material) | - | - | |
3.10 | Net cash from / (used in) financing | -1,583 | 358 | |
activities |
4. Net increase / (decrease) in cash and cash equivalents for the period
4.1 | Cash and cash equivalents at beginning of | 2,516 | 1,571 |
period | |||
4.2 | Net cash from / (used in) operating | -212 | -1,305 |
activities (item 1.9 above) |
ASX Listing Rules Appendix 4C (17/07/20) | Page 2 |
+ See chapter 19 of the ASX Listing Rules for defined terms. |
For personal use only
Appendix 4C
Monthly cash flow report for entities subject to Listing Rule 4.7B
Consolidated statement of cash flows | Current Month | Year to date | |
$A'000 | (4 months) | ||
$A'000 | |||
4.3 | Net cash from / (used in) investing activities | -87 | 10 |
(item 2.6 above) | |||
4.4 | Net cash from / (used in) financing activities | -1,583 | 358 |
(item 3.10 above) | |||
4.5 | Effect of movement in exchange rates on | - | - |
cash held | |||
4.6 | Cash and cash equivalents at end of | 634 | 634 |
period | |||
5. | Reconciliation of cash and cash | Current Month | Previous Month |
equivalents | $A'000 | $A'000 | |
at the end of the quarter (as shown in the | |||
consolidated statement of cash flows) to the | |||
related items in the accounts | |||
5.1 | Bank balances | 534 | 2,442 |
5.2 | Call deposits | - | - |
5.3 | Bank overdrafts | - | - |
5.4 | Other (provide details) | 100 | 74 |
5.5 | Cash and cash equivalents at end of | 634 | 2,516 |
quarter (should equal item 4.6 above) | |||
6. | Payments to related parties of the entity and their | Current Month | |
associates | $A'000 | ||
6.1 | Aggregate amount of payments to related parties and their | 45 | |
associates included in item 1. Directors Fees paid to Non-Executive | |||
Directors and salaried Executive Directors. | |||
6.2 | Aggregate amount of payments to related parties and their | ||
associates included in item 2 | - |
Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments.
ASX Listing Rules Appendix 4C (17/07/20) | Page 3 |
+ See chapter 19 of the ASX Listing Rules for defined terms. |
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Oliver's Real Food Ltd. published this content on 21 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2021 00:03:02 UTC.
