EX-99.1 2 v366864_ex99-1.htm EXHIBIT 99.1

 

Appendix 4C

Quarterly report for entities

Admitted on the basis of commitments

 

 

Rule 4.7B

Appendix 4C

 

Quarterly report

For entities admitted

On the basis of commitments

 

Introduced 31/3/2000. Amended 30/9/2001, 24/10/2005.

 

Name of entity
Mission New Energy Limited

 

ABN   Quarter ended (“current quarter”)
63 117 065 719   31 Dec 2013

 

Consolidated statement of cash flows

 

Cash flows related to operating activities

Current quarter

$A’000

Year to date (6 months)

$A’000

1.1

Receipts from customers 

597 664
1.2 Payments for (a) staff costs (512) (861)
    (b) advertising and marketing - -
    (c) research and development - -
    (d) leased assets (6) (10)
    (e) other working capital 191 (257)
1.3 Dividends received - -
1.4 Interest and other items of a similar nature received - -
1.5 Interest and other costs of finance paid (1,113) (1,113)
1.6 Income taxes paid - -
1.7 Other (provide details if material) - -
  Net operating cash flows (843) (1,577)

 

 

+ See chapter 19 for defined terms. 

24/10/2005Appendix 4C Page 1 
 

 

Appendix 4C

Quarterly report for entities

Admitted on the basis of commitments

 

 

   

Current quarter

$A’000

Year to date (6 months)

$A’000

1.8 Net operating cash flows (carried forward) (843) (1,577)
  Cash flows related to investing activities    
1.9 Payment for acquisition of:    
  (a) businesses (item 5) - -
  (b) equity investments - -
  (c) intellectual property - -
  (d) physical non-current assets - (27)
  (e) other non-current assets - (4)
1.10 Proceeds from disposal of:    
  (a) businesses (item 5) - -
  (b) equity investments - -
  (c) intellectual property - -
  (d) physical non-current assets 5,917 10,973
  (e) other non-current assets - -
1.11 Loans to other entities - -
1.12 Loans repaid by other entities - -
1.13 Other (Investments in mutual funds and deposits placed as security for performance bonds) - -
  Net investing cash flows 5,917 10,942
1.14 Total operating and investing cash flows 5,074 9,365
 

Cash flows related to financing activities

   
1.15 Proceeds/(Costs) related to issues of shares - -
1.16 Proceeds from sale of forfeited shares - -
1.17 Proceeds from borrowings 10 303
1.18 Repayment of borrowings (9,293) (9,373)
1.19 Dividends paid - -
1.20 Other (provide details if material) - -
  Net financing cash flows (9,283) (9,070)
  Net increase (decrease) in cash held (4,209) 295
1.21 Cash at beginning of quarter 5,927 1,420
1.22 Exchange rate adjustments to item 1.20 22 25
1.23 Cash at end of quarter 1,740 1,740

 

+ See chapter 19 for defined terms.  

24/10/2005Appendix 4C Page 2 
 

 

Appendix 4C

Quarterly report for entities

Admitted on the basis of commitments

 

 

Payments to directors of the entity and associates of the directors

 

 

 

Current quarter

$A'000

 

Wages

179

 

Consulting fee

-

 

 

Payments to related entities of the entity and associates of the related entities

 

 

 

Current quarter

$A'000

1.24

Aggregate amount of payments to the parties included in item 1.2

Nil

1.25

Aggregate amount of loans to the parties included in item 1.11 

Nil

1.26

Explanation necessary for an understanding of the transactions

 

 

 

 

 

 

 

Non-cash financing and investing activities

 

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 businesses in which the reporting entity has an interest
 

 

 

 

Financing facilities available

Add notes as necessary for an understanding of the position. (See AASB 1026 paragraph 12.2).

 

   

Amount available

$A’000

Amount used

$A’000

3.1

Loan facilities 

7,248 1,614
3.2

Credit standby arrangements 

0 0

 

 

+ See chapter 19 for defined terms. 

24/10/2005Appendix 4C Page 3 
 

 

Appendix 4C

Quarterly report for entities

Admitted on the basis of commitments

 

 

Reconciliation of cash

 

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

4.1 Cash on hand and at bank 1,740 5,927
4.2 Deposits at call - -
4.3 Bank overdraft - -
4.4 Other (Short-term deposit and security deposits) - -
  Total: cash at end of quarter (item 1.23) 1,740 5,927

 

Acquisitions and disposals of business entities

 

 

Acquisitions

(Item 1.9(a))

Disposals

(Item 1.10(a))

5.1 Name of entity    
5.2 Place of incorporation or registration    
5.3

Consideration for acquisition or disposal

   
5.4 Total net assets    
5.5 Nature of business    

 

Compliance statement

 

1This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act (except to the extent that information is not required because of note 2) or other standards acceptable to ASX.

 

2This statement does /does not* (delete one) give a true and fair view of the matters disclosed.

 

Sign here: /s/ Guy Burnett   Date: 31 Jan 2014
  (Director/Company secretary)    
       
       
Print name: Guy Burnett    

 

 

+ See chapter 19 for defined terms. 

24/10/2005Appendix 4C Page 4 
 

 

Appendix 4C

Quarterly report for entities

Admitted on the basis of commitments

 

 

Notes

 

1.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 wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

 

2.The definitions in, and provisions of, AASB 1026: Statement of Cash Flows applies to this report except for the paragraphs of the Standard set out below.

 

  · 6.2 - reconciliation of cash flows arising from operating activities to Operating profit or loss
  · 9.2 - itemised disclosure relating to acquisitions
  · 9.4 - itemised disclosure relating to disposals
  · 12.1(a) - policy for classification of cash items
  · 12.3 - disclosure of restrictions on use of cash
  · 13.1 - comparative information

 

3.Accounting Standards. ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

 

 

+ See chapter 19 for defined terms. 

24/10/2005Appendix 4C Page 5