Disclaimer - these numbers are mine and may not reflect LPE...

Disclaimer - these numbers are mine and may not reflect LPE financial performance, i am keeping a spreadsheet for my own records, consolidated some of the numbers from the last 5 quarters. I am only posting to for the sake of discussion. I may have some calculations incorrect so feel free to make some suggestions.

I have pulled out the verbal reference to the normalized receipts and added it to what i see as the only other significant income (interest)
I am presuming that repayment of borrowings are coming from the operating expenses and have removed these to try to get a look at the future beyond paying debt, if that is in LPE's future. I am absolutely aware that other finance costs and property Investments have been left out of these numbers.

My musings - Debt is being paid down methodically - Healthy Bank Balance, if you times the last Q by 4 = 3 million

Am i right in assuming the repayment of debt is coming from the reported operating expenses?

What are others thoughts?

1		Q1 - 25	Q4 - 24	Q3 - 24	Q2 - 24	Q1 - 24
2
3	Normalized Cash Receipts	$9,750,000	$10,381,000	$9,940,000	$8,800,000	$9,800,000
4	Interest Received	$502,000	$296,000	$377,000	$213,000	$140,000
5	Total A	$10,252,000	$10,677,000	$10,317,000	$9,013,000	$9,940,000
6
7
8	Product Man & Operating expenses	-$7,797,000	-$7,486,000	-$9,202,000	-$6,892,000	-$6,915,000
9
10	Repayment of borrowings	-$720,000	-$821,000	-$1,034,000	-$1,315,000	-$1,994,000
11
12	Product Man & Op ex repayment of debt	-$7,077,000	-$6,665,000	-$8,168,000	-$5,577,000	-$4,921,000
13	Advertising & Marketing	-$17,000	-$16,000	-$28,000	-$26,000	-$31,000
14	Leased Assets	-$89,000	-$89,000	-$89,000	-$88,000	-$87,000
15	Staff Costs	-$1,202,000	-$1,173,000	-$1,119,000	-$1,261,000	-$1,329,000
16	Admin & Corporate	-$983,000	-$738,000	-$513,000	-$1,023,000	-$614,000
17	Interest & finance costs paid	-$133,000	-$157,000	-$153,000	-$148,000	-$217,000
18	Total B	-$9,501,000	-$8,838,000	-$10,070,000	-$8,123,000	-$7,199,000
19
20	Diff A & B	$751,000	$1,839,000	$247,000	$890,000	$2,741,000
21
22
23	Bank Balance	$3,602,000	$3,478,000	$3,250,000	$5,125,000	$10,479,000
24
25	Other Term Deposits	$18,000,000
26
27	Cash & Cash Equivalents	$21,602,000	$3,478,000	$3,250,000	$5,125,000	$10,479,000
28
29	Drawn loan Facility	-$3,332,000	-$4,053,000	-$4,879,000	-$5,917,000	-$7,136,000
30
31