Metal Bank : Quarterly Cash Flow Report

Microsoft Word - 20160331 - Appendix 5B March 2016 Appendix 5B Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.

Name of entity

Rule 5.3

METAL BANK LIMITED

ABN Quarter ended ("current quarter")

51 127 297 170

31 March 2016

Consolidated statement of cash flows

Cash flows related to operating activities Receipts from product sales and related debtors Payments for (a) exploration & evaluation development production administration Dividends received Interest and other items of a similar nature received Interest and other costs of finance paid Income taxes paid Other Net Operating Cash Flows	Current quarter $A'000	Year to date (9 months) $A'000
	(56) (99)	(582) (413)
	(155)	(995)
Cash flows related to investing activities Payment for purchases of: prospects equity investments other fixed assets Proceeds from sale of: prospects equity investments other fixed assets Loans from other entities Loans repaid to/by other entities Other - acquisition of subsidiary Total operating and investing cash flows (carried forward) Net investing cash flows
	(155)	(995)

1.13 Total operating and investing cash flows (brought forward)	(155)	(995)
Cash flows related to financing activities	100	600
1.14 Proceeds from issues of shares, options, etc.
1.15 Proceeds from sale of forfeited shares
1.16 Proceeds from borrowings
1.17 Repayment of advance
1.18 Dividends paid
1.19 Cost of capital raising
Net financing cash flows	100	600
Net increase (decrease) in cash held	(55)	(395)
1.20 Cash at beginning of quarter/year to date	204	544
1.21 Exchange rate adjustments to item 1.20
1.22 Cash at end of quarter¹	149	149

¹The Company will receive a further $100,000 on 10th May 2016 following shareholder approval, and a further $300,000 from a fully underwritten rights issue. 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. Aggregate amount of payments to the parties included in item 1.2 54

2. Aggregate amount of loans to the parties included in item 1.10 -

3. Explanation necessary for an understanding of the transactions

Salary and director fees paid to directors and director related entities.

Non‐cash financing and investing activities

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

Financing facilities available

Add notes as necessary for an understanding of the position.

Amount available $A'000	Amount used $A'000
642	642

1. Loan facilities

2. Credit standby arrangements

Estimated cash outflows for next quarter

Exploration and evaluation Development Production Administration	$A'000
	144
	96
Total	240

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
Cash on hand and at bank Deposits at call Bank overdraft Other (provide details)	149	204
	-	-
Total: cash at end of quarter (item 1.22)	149	204

Changes in interests in mining tenements

Tenement reference	Nature of interest (note (2))	Interest at beginning of quarter	Interest at end of quarter

1. Interests in mining tenements relinquished, reduced or lapsed

2. Interests in mining tenements acquired or increased