ARIKA RESOURCES LIMITED — Interim / Quarterly Report 2011

Jan 30, 2012

Appendix
4C Quarterly
report
for
entities admitted
on
the
basis
of
commitments

Rule
4.7B

Appendix 4C

Quarterly report for entities admitted on the basis of commitments

Introduced 31/3/2000. Amended 30/9/2001, 24/10/2005, 17/12/10.

Name of entity	Name of entity
PLD CORPORATION LIMITED
ABN 92 086 839 992	Quarter ended (“current quarter”)
92 086 839 992	31 December 2011

Consolidated statement of cash flows

Cash flows related to operating activities 1.1 Receipts from customers 1.2 Payments for (a) staff costs (b) advertising and marketing (c) research and development (d) leased assets (e) other working capital 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (GST) Net operating cash flows	Current quarter $A’000	Year to date (6 months) $A’000
	(9)	(9)
	(9)	(9)

• See
  chapter
  19
  for
  defined
  terms.

17/12/20105

Appendix
4C
Page
1

Appendix
4C Quarterly
report
for
entities
Quarterly
report
for
entities admitted
on
the
basis
of
commitments

Appendix 4C Quarterly report for entities Quarterly report for entities admitted on the basis of commitments
	Current quarter $A’000	Year to date $A’000
1.8 Net operating cash flows (carried forward)	(9)	(9)
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 (item 5) (b) equity investments (c) intellectual property (d) physical non-current assets (e) other non-current assets 1.11 Loans to other entities 1.12 Loans repaid by other entities 1.13 Other (provide details) Net investing cash flows 1.14 Total operating and investing cash flows
	0	0
	(9)	(9)
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 1.19 Payment to settle Deed of Company Arrangement 1.20 Other (costs of share issue) Net financing cash flows
	0	0
Net increase (decrease) in cash held 1.21 Cash at beginning of quarter/year to date 1.22 Exchange rate adjustments to item 1.20 1.23 Cash at end ofquarter	(9) 9	(9) 9
	0	0

• See
  chapter
  19
  for
  defined
  terms.

Appendix
4C
Page
2

17/12/2010

Appendix
4C Quarterly
report
for
entities admitted
on
the
basis
of
commitments

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

• 1.24 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

On 2 December 2008, Administrators were appointed to assume control of the Company. On 15 April 2009, the creditors of the Company approved the Administrators entering into a Deed of Company Arrangement (DoCA) to investigate the restructure of the Company’s capital. On 23 November 2011, shareholders approved a proposal for the restructure and recapitalisation of the Company which resulted in the syndicate behind the proposal paying $630,000 (on behalf of the Company) to the Deed Administrator for the purposes of satisfying all creditor claims, liabilities and obligations of the Company being compromised under the DoCA.

As a result of this transaction, the Company owes the syndicate behind the proposal $630,000 which will be repaid to the syndicate upon the successful completion of the proposal and subsequent capital raising. The capital raising has now closed fully subscribed and the remaining conditions of the proposal are expected to be completed in February 2012.

• 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).

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000

• See
  chapter
  19
  for
  defined
  terms.

17/12/20105

Appendix
4C
Page
3

Appendix
4C Quarterly
report
for
entities
Quarterly
report
for
entities admitted
on
the
basis
of
commitments

Reconciliation of cash

Quarterly report for entities Quarterly report for entities admitted on the basis of commitments 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
4.1 Cash on hand and at bank 4.2 Deposits at call 4.3 Bank overdraft 4.4 Other (provide details)	0	9
Total: cash at end of quarter(item 1.23)	0	9

Acquisitions and disposals of business entities

5.1 Name of entity 5.2 Place of incorporation or registration 5.3 Consideration for acquisition or disposal 5.4 Total net assets 5.5 Nature of business	Acquisitions (Item 1.9(a))	Disposals (Item 1.10(a))

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.

Sign here: Date: 31 January 2012 (Director)

Print name: Hugh Warner

• See
  chapter
  19
  for
  defined
  terms.

Appendix
4C
Page
4

17/12/2010

Appendix
4C Quarterly
report
for
entities admitted
on
the
basis
of
commitments

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 definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report except for any additional disclosures requested by AASB 107 that are not already itemised in this report.

3. 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.

• See
  chapter
  19
  for
  defined
  terms.

17/12/20105

Appendix
4C
Page
5