second quarter cashflow report

Appendix 5B
Mining exploration entity quarterly report
+ See chapter 19 for defined terms.
30/9/2001 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, 1/7/98, 30/9/2001
Name of entity
RENISON CONSOLIDATED MINES NL
ACN or ARBN Quarter ended (“current quarter”)
003 049 714 31 December 2004
Consolidated statement of cash flows
Cash flows related to operating activities
Current quarter
$A’000
Year to date (6 months)
$A’000
1.1 Receipts from product sales and related debtors
including refunds of Goods and Services Tax
166 522
1.2 Payments for (a) exploration and evaluation
(b) development
(c) production
(d) administration
(e) goods and services tax
(312)
(668)
(62)
(334)
(128)
(525)
(1,485)
(394)
(497)
(245)
1.3 Dividends received - -
1.4 Interest and other items of a similar nature received 8 15
1.5 Interest and other costs of finance paid (93) (97)
1.6 Income taxes paid - -
1.7 Other - -
Net Operating Cash Flows (1,423) (2,706)
Cash flows related to investing activities
1.8 Payment for purchases of: (a) prospects
(b) equity investments
(c) other fixed assets
-
-
(24)
-
-
(38)
1.9 Proceeds from sale of: (a) prospects
(b) equity investments
(c) other fixed assets
-
-
-
-
75
-
1.10 Loans to other entities - -
1.11 Loans repaid by other entities - -
1.12 Other - Tenement Security Deposits (35) (41)
Net investing cash flows (59) (4)
1.13 Total operating and investing cash flows (carried
forward)
(1,482) (2,710)
Appendix 5B
Mining exploration entity quarterly report
+ See chapter 19 for defined terms.
Appendix 5B Page 2 30/9/2001
1.13 Total operating and investing cash flows (brought
forward)
(1,482) (2,710)
Cash flows related to financing activities
1.14 Proceeds from issues of shares, options, etc. 1,013 1,013
1.15 Proceeds from sale of forfeited shares - -
1.16 Proceeds from borrowings
- Convertible Note Subscriptions
- Other loans
1,052
-
2,362
450
1.17 Repayment of borrowings - -
1.18 Dividends paid - -
1.19 Other - Payment of finance lease principal
- Costs of borrowings
- Securities issue costs
(8)
-
(32)
(16)
(18)
(32)
Net financing cash flows 2,025 3,759
Net increase (decrease) in cash held 543 1,049
1.20 Cash at beginning of quarter/year to date 1,182 676
1.21 Exchange rate adjustments to item 1.20 - -
1.22 Cash at end of quarter 1,725 1,725
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
100
1.24
Aggregate amount of loans to the parties included in item 1.10
-
1.25
Explanation necessary for an understanding of the transactions
Payments made totalling $100,000 were for salaries and consultancy fees for executive management.
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
Nil
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
Nil
Appendix 5B
Mining exploration entity quarterly report
+ See chapter 19 for defined terms.
30/9/2001 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 1,000 1,000
3.2 Credit standby arrangements - -
Estimated cash outflows for next quarter
$A’000
4.1 Exploration and evaluation 300
4.2 Development 200
Total 500
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 1,335 1,182
5.2 Deposits at call 390 -
5.3 Bank overdraft - -
5.4 Other (provide details) - -
Total: cash at end of quarter (item 1.22) 1,725 1,182
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.
Appendix 5B Page 4 30/9/2001
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)
nil
7.2 Changes during quarter
(a) Increases through issues
(b) Decreases through returns
of capital, buy-backs,
redemptions
7.3 +Ordinary securities
- fully paid
- partly paid
244,732,836
152,500,000
244,732,836
152,500,000
25 cents
3.5 cents
7.4 Changes during quarter
(a) Increases through issues
Fully Paid
Partly Paid
(b) Decreases through returns
of capital, buy-backs
(c) Increases through
conversions of notes
1,203,180
1,203,180
Nil cost
7.5 +Convertible debt securities
- 31/3/07 Convertible Notes
- 28/2/05 Convertible Notes
3,626,685
8,044,981
3,626,685
100 cents
11 cents
7.6 Changes during quarter
(a) Increases through issues
31/3/07 Convertible Notes
- Placement
(b) Decreases through returns
of capital, buy-backs, or
conversions
31/3/07 Convertible Notes
28/2/05 Convertible Notes
(c) Increases through interest
reinvestment
31/3/07 Convertible Notes
28/2/05 Convertible Notes
375,000
20,000
800,000
77,826
71,265
375,000
20,000
800,000
77,826
71,265
100 cents
100 cents
11 cents
100 cents
11 cents
7.7 Options (description and
conversion factor)
Director/Employee Options
Director Options
Director Options
8,000,000
6,000,000
6,000,000
Exercise price
12.5 cents
15 cents
17.5 cents
Expiry date
30/6/07
30/6/07
30/6/07
7.8 Issued during quarter
Director/Employee Options
Nil
7.9 Exercised during quarter Nil
7.10 Expired during quarter
nil
7.11 Debentures (totals only) nil
7.12 Unsecured notes (totals only) nil
Appendix 5B
Mining exploration entity quarterly report
+ See chapter 19 for defined terms.
30/9/2001 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 or other standards acceptable to ASX (see note
4).
2 This statement does give a true and fair view of the matters disclosed.
Sign here: JPK Marshall Date: 31/01/05
(Company Secretary)
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 provisions 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.
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