TELEVISION & MEDIA SERVICES LIMITED 2003-04-30 ASX-SIGNAL-GHOMEX...

TELEVISION & MEDIA SERVICES LIMITED 2003-04-30 ASX-SIGNAL-G

HOMEX - Sydney

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APPENDIX 4C
MONTHLY REPORT

Name of entity
Television & Media Services Limited

ABN Month ended ("current month")
83 004 160 249 31/03/2003

CONSOLIDATED STATEMENT OF CASH FLOWS

Cash flows related to Current Year to date
operating activities Month (9 months)
AUD'000 AUD'000

1.1 Receipts from customers 4,456 79,598
1.2 Payments for
(a) staff costs (1,254) (23,653)
(b) advertising & marketing - (116)
(c) research & development - -
(d) leased assets - (1,203)
(e) other working capital (2,622) (53,626)
1.3 Dividends received - -
1.4 Interest and other items of
a similar nature received 6 109
1.5 Interest and other costs of
finance paid (256) (3,926)
1.6 Income taxes paid - -
1.7 Other (provide details if material) - -

1.8 Net Operating Cash Flows 330 (2,817)

Cash flows related to investing activities
1.9 Payment for acquisition of:
(a) businesses (item 5) - -
(b) equity investments - -
(c) intellectual property - -
(d) physical non-current assets - -
(e) other non-current assets - -
1.10 Proceeds from disposal of:
(a) businesses - 593
(b) equity investments 1,459 1,459
(c) intellectual property - -
(d) physical non-current assets - -
(e) other non-current assets - 19,671
1.11 Loans to other entities - -
1.12 Loans repaid by other entities - -
1.13 Other - CAPEX (27) (132)

Net investing cash flows 1,432 21,591

1.14 Total operating and
investing cash flows 1,762 18,774

Cash flows related to financing activities
1.15 Proceeds from issues of
shares, options, etc. - -
1.16 Proceeds from sale of
forfeited shares - -
1.17 Proceeds from borrowings - -
1.18 Repayment of borrowings - (24,129)
1.19 Dividends paid - -
1.20 Other (provide details if material) - -

Net financing cash flows - (24,129)

Net increase (decrease) in cash held 1,762 (5,355)

1.21 Cash at beginning of month (964) 6,163

1.22 Exchange rate adjustments to item 1.20 4 (6)

1.23 Cash at end of month 802 802


PAYMENTS TO DIRECTORS OF THE ENTITY AND ASSOCIATES OF THE DIRECTORS
PAYMENTS TO RELATED ENTITIES AND ASSOCIATES OF THE RELATED ENTITIES

Current Month
AUD'000

1.24 Aggregate amount of payments to
the parties included in item 1.2 -

1.25 Aggregate amount of loans to the
parties included in item 1.11 -

1.26 Explanation necessary for an understanding
of the transactions

-

NON-CASH FINANCING AND INVESTING ACTIVITIES

2.1 Details of financing and investing transactions which have had a
material effect on consolidated assets and liabilities but did
not involve cash flows

-

2.2 Details of outlays made by other entities to establish or
increase their share in businesses in which the reporting entity
has an interest

-


FINANCING FACILITIES AVAILABLE
Add notes as necessary for an understanding of the position.
(See AASB 1026 paragraph 12.2)

Amount Amount
available used
AUD'000 AUD'000

3.1 Loan facilities 59,446 56,305
3.2 Credit standby arrangements - -



RECONCILIATION OF CASH

Reconciliation of cash at the end Current Previous
of the month (as shown in the month month
consolidated statement of cash flows) AUD'000 AUD'000
to the related items in the accounts
is as follows.

4.1 Cash on hand and at bank (1,776) (2,077)
4.2 Deposits at call - -
4.3 Bank overdraft - -
4.4 Other (provide details) 2,578 1,113

Total: cash at end of month (item 1.22) 802 (964)




ACQUISITIONS AND DISPOSALS OF BUSINESS ENTITIES

Acquisitions Disposals
(item 1.9(a)) (Item 1.10(a))

5.1 Name of entity - Val Morgan &
Co (Aust) Pty
Ltd

5.2 Place of incorporation
or registration - Victoria,
Australia

5.3 Consideration for
acquisition or disposal - $593,000

5.4 Total net assets - $1,988,000

5.5 Nature of business - Cinema
Advertising



COMPLIANCE STATEMENT

1. This statement has been prepared under accounting policies which
comply with accounting standards as defined in the Corporations
Act (except to the extent that information is not required because
of note 2) or other standards acceptable to ASX.

2. This statement does give a true and fair view
of the matters disclosed.

C Strouthos
COMPANY SECRETARY Date: 30/04/2003