ENECO REFRESH LTD — Interim / Quarterly Report 2009

Oct 25, 2009

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

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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.

Name of entity

	Refresh Group Limited
ABN			Quarter ended (“current quarter”)
	28 079 681 244		30 September 2009
Consolidated statement of cash flows
			Current quarter	Year to date
Cash	flows related to operating activities			(3 months)
			$A	$A
1.1	Receipts from customers		1,341,269	1,341,269
	Payments for(a) staff costs		-665,580	-665,580
	(b) advertising and marketing		-35,667	-35,667
1.2	(c) research and development		-	-
	(d) leased assets		-120,000	-120,000
	(e) other working capital		-708,144	-708,144
1.3	Dividends received		-	-
1.4	Interest and other items of a similar naturereceived		3,969	3,969
1.5	Interest and other costs of finance paid		-8,725	-8,725
1.6	Income taxes paid		-	-
1.7	Other (provide details if material)		-	-
	Net operating cash flows		-192,878	-192,878

• See chapter 19 for defined terms.

24/10/2005

Appendix 4C Page 1

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

	Current quarter$A	Year to date(3 months)$A
1.8Net operating cash flows (carried forward)	-192,878	-192,878
Cash flows related to investing activities1.9Payment for acquisition of:(a) businesses (item 5)(b) equity investments(c) intellectual property(d) physical non-current assets(e) other non-current assets1.10Proceeds from disposal of:(a) businesses (item 5)(b) equity investments(c) intellectual property(d) physical non-current assets(e) other non-current assets1.11Loans to other entities1.12Loans repaid by other entities1.13Other (payment from associates)Net investing cash flows1.14Total operating and investing cash flows	-150,000---59,243---------	--150,000-59,243------ - --
	-209,243	-209,243
	-402,121	-402,121
Cash flows related to financing activities1.15Proceeds from issues of shares, options, etc.1.16Proceeds from sale of forfeited shares1.17Proceeds from borrowings1.18Repayment of borrowings1.19Dividends paid1.20OtherNet financing cash flows	1,045,555-70,145-176,952--174,549	1,045,555-70,145-176,952-- 174,549
	764,199	764,199
Net increase (decrease) in cash held1.21Cash at beginning of quarter/year to date1.22Exchange rate adjustments to item 1.201.23Cash at end ofquarter	362,078132,573-	-362,078132,573-
	494,651	494,651

• See chapter 19 for defined terms.

24/10/2005

Appendix 4C Page 2

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

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Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.24Aggregate amount of payments to the parties included in item 1.21.25Aggregate amount of loans to the parties included in item 1.11	Current quarter$A
	-
	-

• 1.26 Explanation necessary for an understanding of the transactions

Non-cash financing and investing activities

• Details of financing and investing transactions which have had a material effect on consolidated

• 2.1 assets and liabilities but did not involve cash flows

None

• Details of outlays made by other entities to establish or increase their share in businesses in which

• 2.2 the reporting entity has an interest

None

Financing facilities available

Add notes as necessary for an understanding of the position. (See AASB 1026 paragraph 12.2).

3.1Loan facilities3.2Credit standby arrangements	Amount available$A	Amount used$A
	134,695	134,695
	-	-

• See chapter 19 for defined terms.

24/10/2005

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

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (asshown in the consolidated statement ofcash flows) to the related items in theaccounts is as follows.	Current quarter$A	Previous quarter$A
4.1Cash on hand and at bank4.2Deposits at call4.3Bank overdraft4.4Other (provide details)	494,651	132,573
	-	-
	-	-
	-	-
Total: cash at end of quarter(item 1.23)	494,651	132,573

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

ntities
Acquisitions	Disposals
(Item 1.9(a))	(Item 1.10(a))
Minnamurra NaturalSpringwater	Nil
Sydney
$150,000 Cash and
$52,500 Ordinary
Shares
$107,500
Sale of bottled water

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 /does not* (delete one) give a true and fair view of the matters disclosed.

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Sign here: ............................................................ Date: ... 23 October 2009 ....................... Managing Director

Print name: ...... Henry Heng ...............................

• See chapter 19 for defined terms.

24/10/2005

Appendix 4C Page 4