Ann: Appendix 4C - quarterly, page-21

JAT 4c reports are for the consolidated entity. JAT has many subsidiary's that need to forward financial cashflow reports to JAT so that a consolidated 4c report can be prepared.

I understand your concern.

Perhaps only phone calls were made to subsidiary's for estimates from them of revenue and outgoings. Bank reconciliations would have needed to be done for all subsidiary's and JAT the parent company to establish what cheques had been cleared during the quarter etc.

Perhaps JAT management will not be so quick to declare approximate figures on net cash from operating activities in advance in the future. All other figures seemed to have stacked up to previous declarations though.

GLTAH DYOR