Waterberg Coal : Quarterly Cashflow Report – March 2016

Name of entity

THE WATERBERG COAL COMPANY LIMITED

ABN

Quarter ended ("current quarter")

64 065 480 453

31 March 2016

Cash flows related to operating activities

Current quarter

$A'000

Year to date (12 months)

$A'000

1.1

Receipts from product sales and related debtors

-

-

1.2

Payments for (a) exploration & evaluation

1. development

2. production

3. administration

(4)

-

- (51)

(6)

-

- (571)

1.3

Dividends received

-

-

1.4

Interest and other items of a similar nature

received

6

13

1.5

Interest and other costs of finance paid

-

(5)

1.6

Income taxes paid

-

-

1.7

Other (provide details if material)

-

-

Net Operating Cash Flows

(49)

(569)

Cash flows related to investing activities

-

-

-

-

- (2)

1.8

Payment for purchases of: (a) prospects

1. equity investments

2. other fixed assets

1.9

Proceeds from sale of: (a) prospects

1. equity investments

2. other fixed assets

-

-

-

25

(1)

-

1.10

Loans to other entities

-

-

1.11

Loans repaid by other entities

38

530

1.12

Other (provide details if material)

-

-

Net investing cash flows

38

552

1.13

Total operating and investing cash flows (carried forward)

(11)

(17)

1.13

Total operating and investing cash flows (brought forward)

(11)

(17)

Cash flows related to financing activities

-

-

1.14

Proceeds from issues of shares, options, etc.

1.15

Proceeds from sale of forfeited shares

-

-

1.16

Proceeds from borrowings

-

76

1.17

Repayment of borrowings

-

(37)

1.18

Dividends paid-

-

-

1.19

Other (provide details if material)

Fundraising costs

-

-

Net financing cash flows

-

39

Net increase (decrease) in cash held

(11)

22

1.20

Cash at beginning of quarter/year to date

860

1004

1.21

Exchange rate adjustments to item 1.20

(2)

(179)

1.22

Cash at end of quarter

847

847

Current quarter

$A'000

1.23

Aggregate amount of payments to the parties included in item 1.2

-

1.24

Aggregate amount of loans to the parties included in item 1.10

-

2.1

Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

2.2

Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

Amount available

$A'000

Amount used

$A'000

3.1

Loan facilities

3.2

Credit standby arrangements

-

-

$A'000

4.1

Exploration and evaluation

50

4.2

Development

-

4.3

Production

-

4.4

Administration

200

Total

250

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 is as follows.

Current quarter

$A'000

Previous quarter

$A'000

5.1

Cash on hand and at bank

847

860

5.2

Deposits at call

-

-

5.3

Bank overdraft

-

-

5.4

Other (provide details)

-

-

Total: cash at end of quarter (item 1.22)

847

860

Tenement reference and location

Nature of interest (note (2))

Interest at beginning of quarter

Interest at end of quarter

Total number

Number quoted

Issue price per security (see note 3) (cents)

Amount paid up per security (see note 3) (cents)

7.1

Preference

+securities

(description)

7.2

Changes during quarter

1. Increases through issues

2. Decreases through returns of capital, buy- backs, redemptions

7.3

+Ordinary

securities

315,933,963

315,933,963

Fully paid

7.4

Changes during quarter

1. Increases through issues

2. Decreases through returns of capital, buy- backs

7.5

+Convertible

debt securities (description)