Ann: Quarterly Cash Flow Reporting, page-10

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Speculation

275 Posts.

17/05/19

08:20

Post #: 38606920

Originally posted by DoubleDown!: ↑
I'd say that this requirement to continue 4C reporting is because of really sloppy reporting last year. I voiced some concerns at the time in
https://hotcopper.com.au/threads/ann-relief-from-quarterly-cash-flow-reporting.4669129/page-10?post_id=37723593 and
https://hotcopper.com.au/threads/ann-relief-from-quarterly-cash-flow-reporting.4669129/page-13?post_id=37724493

Also when you compared the June Q 4C YTD figures and added the September Q 4C quarterly figures they were way way out of whack with the September Q YTD figures.

Jun Q YTD
Sept Q Should be Reported YTD in 4C Variance
1 Receipts 3595 6965 plus 2908 9873 8936 -937
2 R&D 261 542 plus 28 570 482 88
3 Product 821 1167 plus 1113 2280 2748 -468
4 Advertising 523 1111 plus 380 1491 1599 -100
5 Leased
0 plus 0 0 0 0
6 Staff 1204 2149 plus 984 3133 2459 674
7 Admin 534 1290 plus 397 1687 1839 -152
8 Interest 5 7 plus 1 8 8 0
9 Net Cash 257 713 plus 7 720 -183 -903

So all those variances are just errors which were submitted to the ASX and signed off on. I would not be surprised if a new September 4C was lodged shortly.

Further if the YTD Net Cash from operating is $-183k in September then there is no way you could get 4 consecutive cash flow statements by December. So the relief from cash flow reporting based on that aspect should be withdrawn, and has.

Personally I am excited to get 4C's again, I think it will be great to see the progress. I don't mind saying I am a bit skeptical about some of the brands and partners we have, its a great opportunity to see if they are making money.
Expand
Your thread on the asset purchase is incorrect. If it's. cash out flow for an asset purchase which is an investment then it should go in the investment section. All cash outflows go on the cashflow statement.

stop trying to scare people they have reported correctly imo on this item

AB1 Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held

3 Upvote

0 Great analysis

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		Jun Q	YTD		Sept Q	Should be	Reported YTD in 4C	Variance
1	Receipts	3595	6965	plus	2908	9873	8936	-937
2	R&D	261	542	plus	28	570	482	88
3	Product	821	1167	plus	1113	2280	2748	-468
4	Advertising	523	1111	plus	380	1491	1599	-100
5	Leased		0	plus	0	0	0	0
6	Staff	1204	2149	plus	984	3133	2459	674
7	Admin	534	1290	plus	397	1687	1839	-152
8	Interest	5	7	plus	1	8	8	0
9	Net Cash	257	713	plus	7	720	-183	-903

Ann: Quarterly Cash Flow Reporting, page-10

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