ann: dec q report, page-3

Cash at Bank at 31 December 2012
? Consolidated cash position was $1.42M as at 31 December 2012. This cash
balance includes funds of $0.8M raised from share issues in the quarter.
? Net Operating Cash (Out) Flow (NOCF) for the December 2012 quarter was circa
$0.5M compared to $0.21M for the September 2012 quarter.
? NOCF for the six months to 31st December 2012 was $0.71M compared to $2.6M
for the 6 months to 31st of December 2011 attributed to the June 2012 cost
reduction implementation program now having effect and inventory levels held
at 31st December 2011 being liquidated and used in production, contributing to
cash flow.
? Collections from customers were as per the payment terms negotiated and cash
outflows on other working capital were commensurate with sales and
manufacturing activities during the quarter.


still reading the 4 C to get a slightly better grasp