Name of entity:
QUESTE COMMUNICATIONS LTD and controlled entityACN or ARBN
Month Ended
081 688 164 31 December 2015Company | Consolidated | ||
Current Month December 15 $' 000 | Year to Date 6 months $' 000 | Current Month December 15 $' 000 | Year to Date 6 months $' 000 |
- (50) - - - 62 - 1 - - - | - (289) - - - 133 11 1 - - - | - (69) - - - 41 - 1 - - - | - (432) - - - (82) 115 3 - - - |
13 | (144) | (27) | (396) |
Receipts from customers
Payments for
staff costs
advertising and marketing
research and development
leased assets
other working capital
Dividends received
Interest and other items of a similar nature received
Interest and other costs of finance paid
Income taxes (paid)/refund
Other (provide details if material)
The Company currently has a 59.86% (30 November 2015: 59.86%) interest in ASX listed investment company, Orion Equities Limited ("OEQ"). OEQ is a controlled entity of the Company under the Accounting Standards. Therefore, the Consolidated columns in this Monthly Cash Flow Report takes into account the cash flows of the Company and its controlled entity, including OEQ.
Company | Consolidated | |||
Current Month December 15 $' 000 | Year to Date 6 months $' 000 | Current Month December 15 $' 000 | Year to Date 6 months $' 000 | |
1.8 Net operating cash flows (carried forward) | 13 | (144) | (27) | (396) |
Cash flows related to investing activities
Net investing cash flows | - | - | - | - |
- | (53) | - | (116) | |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
10 | 140 | 10 | 583 | |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
10 | 87 | 10 | 467 | |
23 | (57) | (17) | 71 | |
Cash flows related to financing activities
Net financing cash flows | - | - | - | - |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
166 | 166 | 166 | 166 | |
- | - | - | (13) | |
- | - | - | (49) | |
166 | 166 | 166 | 104 | |
Net increase (decrease) in cash held | 189 | 109 | 149 | 175 |
1.21 Cash at beginning of month/year to date | 68 | 148 | 315 | 289 |
1.22 Exchange rate adjustments to item 1.20 | - | - | - | - |
1.23 Cash at end of month | 257 | 257 | 464 | 464 |
Current Month December 15
$' 000
Aggregate amount of payments to the parties included in item 1.2
(31)Aggregate amount of loans to the parties included in item 1.11 -
Explanation necessary for an understanding of the transactions
Payments for Item 1.24 includes:
$11,482 Attributable to the Company; and
$19,805 Attributable to Controlled Entity, OEQ.
Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows
None.
Details of outlays made by other entities to establish or increase their share in businesses in which the reporting entity has an interest
None.
Add notes as necessary for an understanding of the position. (See AASB 1026 paragraph 12.2).
Amt available Amount used
$' 000 $' 000
Loan facilities - -
Credit standby arrangements - -
Reconciliation of cash Reconciliation of cash at the end of the month (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows: | Company | Consolidated | ||
Current Month $' 000 | Previous Month $' 000 | Current Month $' 000 | Previous Month $' 000 | |
| 235 | 47 | 442 | 294 |
22 | 21 | 22 | 21 | |
- | - | - | - | |
- | - | - | - | |
Total: cash at end of month (item 1.23) | 257 | 68 | 464 | 315 |
Acquisitions (Item 1.9(a)) | Disposals (Item 1.10(a)) | ||
- | - | - | - |
- | - | - | - |
- | - | - | - |
- | - | - | - |
- | - | - | - |
Name of entity
Place of incorporation or registration
Consideration for acquisition or disposal
Total net assets
Nature of business
This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX.
This statement does give a true and fair view of the matters disclosed.
Date:
The Company currently holds the following listed share investments and investments in unlisted managed funds:
31-Dec-15
No Shares/Units % Interest Last Bid Price Market Value
Shares in Orion Equities Limited (OEQ) Shares in Bentley Capital Limited (BEL) Other listed shares
9,367,653 59.86 % $0.160 $1,498,824
1,740,625 2.38 % $0.140 $243,688
various various various $6,864
Units in unlisted managed fund 161,767 n/a $1.771 $286,489
$2,035,865
The above investments are regarded as liquid assets to supplement the Company's cash reserves.
Queste Communications Limited issued this content on 2016-01-11 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 08:37:02 UTC
Original Document: http://www.queste.com.au/sites/default/files/20160111 QUE ASX December 2015 Monthly Cashflow Report.pdf