VGL
28/04/2015 10:10
QUARTER
PRICE SENSITIVE
REL: 1010 HRS Vista Group International Limited
QUARTER: VGL: ASX - Appendix 4C - March 2015 quarterly report
MARKET ANNOUNCEMENT
28 April 2015, Vista Group International Ltd, Auckland, New Zealand
ASX Appendix 4C - March 2015 quarterly report.
The latest quarterly cash flow report required by the ASX for the first eight
quarters of a newly listed company that has been admitted on the basis of
commitments is attached.
The nature of the cash flows received by Vista Group, due to the timing of
invoicing and cash receipts on annual maintenance agreements, mean that the
cash flows in certain quarters are strong relative to revenue recognition.
The first quarter of each financial year normally has strong cash flow as the
periodic maintenance agreements invoiced in December for 1 January
commencement (the largest maintenance renewal period), are being collected
through this period.
The cash flow report for March 2015 reflects this pattern with strong
receipts and positive trading cash flow as a result.
Brian Cadzow
Director, Finance & Legal
Vista Group International Ltd
Contact: +64 9 984 4570
End CA:00263592 For:VGL Type:QUARTER Time:2015-04-28 10:10:42
