ANTEOTECH LTD — Interim / Quarterly Report 2017

Apr 27, 2017

Rule 4.7B

Appendix 4C

Quarterly report for entities subject to Listing Rule 4.7B

introduced 31/03/00 Amended 30/09/01, 21/10/05, 17/12/10, 01/09/16

Name of entity

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Anteo Diagnostics Limited
Quarter ended
ACN or ARBN (“current quarter”)
75-070-028-625 31-Mar-17
Year to date
Current quarter
Consolidated statement of cash flows (9 months)
’000 € ’000 €
1 Cash flows related to operating activities
1.1 Receipts from customers and government grants 4,125 11,457
1.2 Payments for
(a) research and development (excluding staff costs relating to R&D) (77) (434)
(b) product manufacturing and operating costs (1,260) (4,416)
(c) advertising and marketing (174) (359)
(d) leased assets (30) (153)
(e) staff costs (1,604) (4,681)
(f) other working capital (496) (2,170)
1.3 Dividends received - -
1.4 Interest received 1 28
1.5 Interest and other costs of finance paid (255) (1,084)
1.6 Income taxes paid (99) (99)
1.7 Government grants and tax incentives 121 1,772
1.8 Other (provide details if material) - -
1.9 Net cash from / (used in) operating activities 252 (139)
2 Cash flows related to investing activities
2.1 Payment to acquire:
(a) property, plant and equipment (61) (135)
(b) businesses - -
(c) investments - -
(c) intellectual property - -
(e) other non-current assets - -
2.2 Proceeds from disposal of:
(a) property, plant and equipment - -
(b) businesses - -
(c) investments - -
(c) intellectual property - -
(e) other non-current assets - -
2.3 Cash flow from loans to other entities - -
2.4 Dividends received - -
2.5 Other (provided details if material) - -
2.6 Net cash from / (used in) investing activities (61) (135)
3 Cash flows from financing activities
3.1 Proceeds from issues of shares - -
3.2 Proceeds from issue of convertible notes - 457
3.3 Proceeds from exercise of share options - -
3.4 Transaction costs related to issues of shares, convertible notes or options - -
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3.5 Proceeds from borrowings 71 727
3.6 Repayment of borrowings (1,407) (2,417)
3.7 Transaction costs related to loans and borrowings - -
3.8 Dividends paid - -
3.9 Other (provide details if material) - -
3.10 Net cash from / (used in) financing activities (1,336) (1,233)
4 Net increase (decrease) in cash and cash equivalents for the period
4.1 Cash and cash equivalents at beginning of quarter/year to date 2,330 2,522
4.2 Net cash from / (used in) operative activities (item 1.9 above) 252 (139)
4.3 Net cash from / (used in) investing activities (item 2.6 above) (61) (135)
4.4 Net cash from / (used in) financing activities (item 3.10 above) (1,336) (1,233)
4.5 Effect of movement in exchange rate on cash held (119) 53
4.6 Cash and cash equivalents at end of quarter 1,066 1,066
Reconciliation of cash at the end of the quarter (as shown in the consolidated Current quarter Previous quarter
5 statement of cash flows) to the related items in the accounts is as follows. ’000 € ’000 €
5.1 Bank balances 985 2,249
5.2 Call deposits 81 81
5.3 Bank overdrafts - -
5.4 Other (provide details) - -
5.5 Cash and cash equivalents at end of quarter (should equal item 4.6
above) 1,066 2,330
6 Payments to directors of the entity and their associates Current quarter
’000 €
6.1 Aggregate amount of payments to these parties included in item 1.2 5
6.2 Aggregate amount of cash flow from loans to these parties included in item
2.3
6.3 Include below any explaination necessary to understand the transactions included in items 6.1 and
6.2
The Directors have deferred their directors fees while the group progresses through the
corporate activities it has underway.
7 Payments to related entities of the entity and their associates Current quarter
’000 €
7.1 Aggregate amount of payments to these parties included in item 1.2
7.2 Aggregate amount of cash flow from loans to these parties included in item
2.3
7.3 Include below any explaination necessary to understand the transactions included in items 7.1 and
7.2
8 Financing facillities available Amount available Amount used
add notes as necessary for an understanding of the position ’000 € ’000 €
8.1 Loan facilities -
8.2 Credit standby arrangements
8.3 Other (please specifiy)
8.4 Include below a description of each facility above. Inclluding the lender, interest rate and whether it is secured or
unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end,
include details of those facilities as well.
9 Estimate cash outflow for next quarter ’000 €
9.1 Research and development (175)
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9.2 Product manufacturing and operating costs (1,250)
9.3 Advertising and marketing (78)
9.4 Leased assets (62)
9.5 Staff costs (1,538)
9.6 Administration and corporate costs (250)
9.7 Other (provide details if material) (750)
9.8 Total estimated cash outflows (4,103)
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Acquisitions and disposals of business entities

10.1 Name of entity 10.2 Place of incorporation or registration 10.3 Consideration for acquisition or disposal 10.4 Total net assets 10.5 Nature of business 10 Acquisition and disposals of business entities (items 2.1 (b) and 2.2(b) above)	Acquisitions Disposals

Compliance statement

1 This statement has been prepared in accordance with accounting standards and polcies which comply with Listing Rule 19.11A.

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

Print name: Peter Harding-Smith

Date: 28-Apr-17

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 included in or attached to this report.

• 2 If this quarterly report has been prepared in accordance with Australia Accounting Standard, the definitions in, and provisions of, AASB 107:Statements of Cash Flow apply to this report. If this quarterly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standard applies to this report.

• 3 Dividends received may be classified either as cash flows from operating activities or cash flows from investing activites, depending on the accounting policy of the entity.