Appendix 5B Mining exploration entity quarterly report + See chapter 19 for defined terms. 30 9 2000 Appendix 5B Page 1 Rule 5.3 Appendix 5B Mining exploration entity Quarterly report Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97. Name of entity CITYVIEW CORPORATION LIMITED ACN Quarter ended (“current quarter”) 009 235 634 31 December 2007 Consolidated statement of cash flows Cash flows related to operating activities Current quarter $A’000 Year to date (12 Months) $A’000 1.1 Receipts from product sales and related debtors 1.2 Payments for (a) exploration and evaluation (b) development (c) production (d) administration - - - (613) - - - (1,666) 1.3 Dividends received - - 1.4 Interest and other items of a similar nature received 86 205 1.5 Interest and other costs of finance paid - - 1.6 Income taxes paid - - 1.7 Other (provide details if material) - - Net Operating Cash Flows (527) (1,461) Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets - (5,383) - - (9,114) - 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets - - - - - - 1.10 Loans to other entities - (285) 1.11 Loans repaid by other entities 285 285 1.12 Other (provide details if material) - - Net investing cash flows (5,098) (9,114) 1.13 Total operating and investing cash flows (carried forward) (5,625) (10,575) Appendix 5B Mining exploration entity quarterly report + See chapter 19 for defined terms. 30 9 2000 Appendix 5B Page 2 1.13 Total operating and investing cash flows (brought forward) (5,625) (10,575) Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 13,682 21,732 1.15 Proceeds from sale of forfeited shares - - 1.16 Proceeds from borrowings - - 1.17 Repayment of borrowings - - 1.18 Dividends paid - - 1.19 Other (provide details if material) (3) 6 Net financing cash flows 13,679 21,738 Net increase (decrease) in cash held 8,054 11,163 1.20 Cash at beginning of quarter/year to date 4,016 907 1.21 Exchange rate adjustments to item 1.20 - - 1.22 Cash at end of quarter 12,070 12,070 Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities Current quarter $A'000 1.23 Aggregate amount of payments to the parties included in item 1.2 147 1.24 Aggregate amount of loans to the parties included in item 1.10 - 1.25 Explanation necessary for an understanding of the transactions 1.23 Payment of Directors fees, reimbursement of Directors expenses in relation to the company. 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 projects in which the reporting entity has an interest N/A Appendix 5B Mining exploration entity quarterly report + See chapter 19 for defined terms. 30 9 2000 Appendix 5B Page 3 Financing facilities available Add notes as necessary for an understanding of the position. Amount available $A’000 Amount used $A’000 3.1 Loan facilities - - 3.2 Credit standby arrangements - - Estimated cash outflows for next quarter $A’000 4.1 Exploration and evaluation 2,000 4.2 Development 5,000 Total 7,000 Reconciliation of cash Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows. Current quarter $A’000 Previous quarter $A’000 5.1 Cash on hand and at bank 298 2,553 5.2 Deposits at call 11,772 1,463 5.3 Bank overdraft - - 5.4 Other (provide details) - - Total: cash at end of quarter (item 1.22) 12,070 4,016 Changes in interests in mining tenements Tenement reference Nature of interest (note (2)) Interest at beginning of quarter Interest at end of quarter 6.1 Interests in mining tenements relinquished, reduced or lapsed - - - - 6.2 Interests in mining tenements acquired or increased - - - - Appendix 5B Mining exploration entity quarterly report + See chapter 19 for defined terms. 30 9 2000 Appendix 5B Page 4 Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with prices and dates. Number issued Number quoted Issue price per security (see note 3) (cents) Amount paid up per security (see note 3) (cents) 7.1 Preference +securities (description) 7.2 Issued during quarter 7.3 +Ordinary securities 333,692,632 333,692,632 7.4 Issued during quarter a) Increases through issues b) Decreases through returns of capital, buy-backs 49,511,784 7.5 +Convertible debt securities (description and conversion factor) 7.6 Issued during quarter 7.7 Options (description and conversion factor) 92,641,546 92,641,546 Exercise price 15c Expiry date 30/11/2009 7.8 Issued during quarter 75,056,170 15c 30/11/2009 7.9 Exercised during quarter 12,624 15c 30/11/2009 7.10 Expired during quarter 7.11 Debentures (totals only) 7.12 Unsecured notes (totals only) Appendix 5B Mining exploration entity quarterly report + See chapter 19 for defined terms. 30 9 2000 Appendix 5B Page 5 Compliance statement 1 This statement has been prepared under accounting policies, which comply with accounting standards as defined in the Corporations Act 2001 or other standards acceptable to ASX (see note 4). 2 This statement does give a true and fair view of the matters disclosed. Signed By: Date: 11 January 2008 Company Secretary Print name: Paul Williams Notes 1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report. 2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2. 3. Issued and quoted securities the issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities 4. The definitions in, and provision of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report. 5. Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with. == == == == == Appendix 5B Mining exploration entity quarterly report + See chapter 19 for defined terms. 30 9 2000 Appendix 5B Page 6 CITYVIEW CORPORATION LIMITED (ACN 009 235 634) Consolidated Statement of Cash Flows For the 12 Months Period Ended December 2007 12 Months Year Ended Ended 31-Dec-07 31 Dec-06 $ $ CASH FLOWS FROM OPERATING ACTIVITIES Interest received 205,139 49,185 Payment to suppliers and employees (1,665,904) (1,005,883) Net cash (outflow) from operating activities (1,460,765) (956,698) CASH FLOWS FROM INVESTING ACTIVITIES Loans to others (285,000) - Purchase of investments (9,113,804) (1,114,308) Net cash (outflow) from investing activities (9,398,804) (1,114,308) CASH FLOWS FROM FINANCING ACTIVITIES Payment of loans 285,000 (210,500) Proceeds from the issue of shares 21,732,451 3,227,265 Share issue costs - (205,323) Unmarketable parcels – Balance of sale proceeds 6,158 - Net cash inflow from financing activities 22,023,609 2,811,442 Net (decrease) /increase in cash held 11,164,040 740,436 Cash at the beginning of the year 906,440 166,004 Cash at the end of the period 12,070,480 906,440
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
