EX-99.1 2 v343578_ex99-1.htm EXHIBIT 99.1

 

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 March 2013

 

Consolidated statement of cash flows

 

Cash flows related to operating activities Current quarter $A’000 Year to date (9 months) $A’000
1.1 Receipts from customers 75 872
       
1.2 Payments for (a) staff costs (365) (1,365)
    (b) advertising and marketing - -
    (c) research and development - -
    (d) leased assets (12) (67)
    (e) other working capital (175) (1,069)
1.3 Dividends received - -
1.4 Interest and other items of a similar nature received - 3
1.5 Interest and other costs of finance paid (11) (679)
1.6 Income taxes paid 2 2
1.7 Other (provide details if material) - -
  Net operating cash flows (486) (2,303)

 

 

 

+ See chapter 19 for defined terms.

 

24/10/2005 Appendix 4C Page 1  

 

 
 

 

Appendix 4C

Quarterly report for entities

Admitted on the basis of commitments

 

 

    Current quarter $A’000 Year to date (9 months) $A’000
1.8 Net operating cash flows (carried forward) (486) (2,303)
       
  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 - -
  (e)  other non-current assets (29) (43)
1.10 Proceeds from disposal of:    
  (a)  businesses (item 5) - -
  (b)  equity investments - -
  (c)  intellectual property - -
  (d)  physical non-current assets 1 652
  (e)  other non-current assets - -
       
1.11 Loans to other entities - -
1.12 Loans repaid by other entities - -
1.13 Other (Release of investments in mutual funds and deposits placed as security for performance bonds) - 539
       
  Net investing cash flows (28) 1,148
1.14 Total operating and investing cash flows (514) (1,155)
       
  Cash flows related to financing activities    
1.15 Proceeds/(Costs) related to issues of shares - 95
1.16 Proceeds from sale of forfeited shares - -
1.17 Proceeds from borrowings - -
1.18 Repayment of borrowings (65) (343)
1.19 Dividends paid - -
1.20 Other (provide details if material) - -
  Net financing cash flows (65) (248)
       
  Net increase (decrease) in cash held (579) (1,403)
       
1.21 Cash at beginning of quarter/year to date 690 1,456
1.22 Exchange rate adjustments to item 1.20 2 60
1.23 Cash at end of quarter 113 113

 

 

 

+ See chapter 19 for defined terms.

 

Appendix 4C Page 2   24/10/2005

 

 
 

 

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 181
  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 6,212 1,415
       
3.2 Credit standby arrangements 0 0
       

Loan facilities now include a US$5m facility as announced to the public on 25 February 2013.

 

 

 

+ See chapter 19 for defined terms.

 

24/10/2005 Appendix 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 113 690
4.2 Deposits at call 0 0
4.3 Bank overdraft - -
4.4 Other (Short-term deposit and security deposits) - -
  Total: cash at end of quarter (item 1.23) 113 690

 

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 asset's    
       
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: Date: 29 April 2013
  (Director/Company secretary)  

 

Print name: Guy Burnett

 

 

 

+ See chapter 19 for defined terms.

 

Appendix 4C Page 4   24/10/2005

 

 
 

 

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.

 

24/10/2005 Appendix 4C Page 5