Annual Report Year Ended 30 June 2014 ( page 37 & 34 ) Net cash...

Annual Report Year Ended 30 June 2014 ( page 37 & 34 )

Net cash flow from operating activities is negative ( - $3.569m )


Receipts from customers $62.141m is lower than Payments to suppliers and employees $65.644m


Net cash flow from op. act's ( - $3.569m ) is lower than the Profit after tax ( - $0.175m )



Total loans and borrowings : zero



Events occurring after the reporting date (page 79)

Nomad explore development options for the site in South Headland and is in discussions to
establish either
* a development lease leading to freehold or
* a 20 year lease.

Nomad committed to infrastructure works in 2011 and work now complete, Nomad has settled all
outstanding development costs with a $2.645m (excluding GST) payment in early July 2014.

Nomad has entered into an agreement for the sub-lease of its leased property in Wacol, Brisbane. The sub-lease is for an annual rental of $850,000 plus outgoings, and the term of the lease is one year expiring 30 June 2015, with two options each for a
further six months. The sub lease income has been reflected in Note 27 (b) Commitments.

The following changes in Key Management Personnel have occurred post 30 June 2014:

a) Peter Hogan resigned as non-exec. director effective 31 July 2014

b) The role of NBS Managing Director and C.F.O. has been made redundant and Andrew Sturcke will depart from this position on 7 November 2014. From this date Mr Sturcke will commence as a Non Executive Director.

No other matters or circumstances have arisen since 30 June 2014



ORDINARY NOD shares on issue: 277,479,329 ( page 65 )

P.S. Appears NOD's roof is leaking - needs attention ( $3.5m difference )
Thankful NOD has no borrowings / loans.