EV RESOURCES LTD — Regulatory Filings 2003

Apr 28, 2003

Richfield Group Limited

ABN 66 009 144 503

Level 1, 9 Bowman Street, South Perth WA 6151, Australia Telephone: (+61 8) 9367 8133 Facsimile: (+61 8) 9367 8812 Email: ross@nkh.com.au Listed on the Australian Stock Exchange

nchoarth (th 1035, doc.f1

29 April 2003

The Company Announcements Office Australian Stock Exchange Limited Level 4 20 Bridge Street SYDNEY NSW 2000

Fax No: 1900 999 279

Dear Sir

Appendix 4C

Attached is the Appendix 4C - Consolidated Statement of Cash Flows for Richfield Group Limited for the quarter ended 31 March 2003.

Yours faithfully

Ross Kestel (Company Secretary) enc

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

Ruie 4.7B

Appendix 4C

Quarterly report for entities admitted on the basis of commitments

Introduced 31/3/2000. Amended 30/9/2001

Name of entity

Richfield Group Limited

ABN

66 009 144 503

Quarter ended ("current quarter")

31st March 2003

Consolidated statement of cash flows

Cash flows related to operating activities		Current quarter \$A '000	Year to date (9 months) \$A'000
1.1	Receipts from customers		258
1.2	(a) staff costs Payments for (b) advertising and marketing	$\cal(T)$	(144) $\left( 1\right)$
	(c) research and development (d) leased assets (e) other working capital	(124)	$\rm _{(l)}$ (556)
1.3	Dividends received
1,4	Interest and other items of a similar nature received	2	2
1.5	Interest and other costs of finance paid		(192)
1.6	Income taxes paid
1.7	Other (Proceeds of Share Issue)	1.489	1,757
	Net operating cash flows	1.360	1,123

I

⁺ See chapter 19 for defined terms.

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

		Current quarter SA'000	Year to date $(9$ months) \$A'000
1.8	Net operating cash flows (carried forward)	1,360	1,123
	Cash flows related to investing activities
1.9	Payment for acquisition of:
	(a) Businesses (item 5)
	(b) equity investments
	(c) intellectual property		(1)
	(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	1	95
	(e) other non-current assets
1.11	Loans to other entities
1.12	Loans repaid by other entities		L
1.13	Other (provide details if material)
	Net investing cash flows	1	95
1.14	Total operating and investing cash flows	1,361	1,218
1.15	Cash flows related to financing activities Proceeds from issues of shares, options, etc.
1.16	Proceeds from sale of forfeited shares
1.17	Proceeds from borrowings		165
1.18	Repayment of borrowings		(211)
1.19	Dividends paid
1,20	Other (provide details if material)
	Net financing cash flows		(46)
	Net increase (decrease) in cash held	1,361	1,172
1.21	Cash at beginning of quarter/year to date	ı	(1,033)
1.22	Exchange rate adjustments to item 1.20		95
	Cash relating to subsidiary no longer part of economic entity		1,128
1.23	Cash at end of quarter	1,362	1,362

$+$ See chapter 19 for defined terms.

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

Current quarter

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

		SA'000
1.24	Aggregate amount of payments to the parties included in item 1.2	$\blacksquare$
1.25	Aggregate amount of loans to the parties included in item 1.11	٠

Explanation necessary for an understanding of the transactions 1.26

N/A

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

$N/A$

Details of outlays made by other entities to establish or increase their share in businesses in which the $2.2^{\circ}$ reporting entity has an interest

$N/A$

Financing facilities available

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

		Amount available SA'000	Amount used SA'000
3.1	Loan facilities
3.2	Credit standby arrangements .	$\blacksquare$	$\sim$

⁺ See chapter 19 for defined terms.

Appendix 4C 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 SA'000
	Cash on hand and at bank	1,362
4.2	Deposits at call
43	Bank overdraft
4.4	Other (provide details)
	Total: cash at end of quarter (item 1.22)	1,362

Acquisitions and disposals of business entities

		Acquisitions (Item 1.9(a))	Disposals (Item 1.10 $(a)$ )
-5.1	Name of entity	Eastern Prime Corporation Pte Ltd
5.2	Place of incorporation or registration	Singapore
53	Consideration for Acquisition or disposal	15,000 shares
5.4	Total net assets	(54,088)
5.5	Nature of business	Computer Peripherals/Equipment

Compliance statement

• This statement has been prepared under accounting policies which comply with accounting $\mathbf{1}$ 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.
• $\overline{2}$ This statement does/does not* (delete one) give a true and fair view of the matters disclosed.

$\frac{29}{403}$

(Director)

Print name: ..Dr Boon Seng Tan....................................

Notes

Sign here:

⁺ See chapter 19 for defined terms.

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

• The quarterly report provides a basis for informing the market how the entity's activities have $\mathbf{1}$ . 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.
• The definitions in, and provisions of, AASB 1026: Statement of Cash Flows apply to this 2. report except for the paragraphs of the Standard set out below.
• reconciliation of cash flows arising from operating activities to $6.2$
  • operating profit or loss
• itemised disclosure relating to acquisitions $9.2$
• itemised disclosure relating to disposals 9.4
• $12.1(a)$ policy for classification of cash items
• disclosure of restrictions on use of cash $12.3$
• comparative information $13.1$
• Accounting Standards. ASX will accept, for example, the use of International Accounting 3. 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.