EV RESOURCES LTD — Regulatory Filings 2003

Jan 22, 2003

Richfield Group Limited ABN 66 009 144 503 1^st Floor, 9 Bowman St, South Mill Centre, South Perth. Western Australia

Telephone: (08) 9218 9388 $(08)$ 9225 7188 Fax:

The Company Announcements Office Australian Stock Exchange Limited $4^th$ Floor 20 Bridge Street Sydney NSW 2000

by Facsimile: 1300 300 021

Dear Sir.

23rd January 2003

Appendix 4C Consolidated Statement of Cash Flows
For quarter ended 31st December 2002

Attached herewith is a copy of Appendix $4C$ – Consolidated Statement of Cash Flows for Richfield Group Limited for the quarter ended $31^st$ December 2002.

Yours faithfully, Richfield Group Limited

$\mathscr{M}$

Dr. Boon Seng Tan Executive Director

Rule 4.7B

Appendix 4C

Quarterly report
for entities admitted on the basis of commitments

Introduced 31/3/2000.

Name of entity Richfield Group Limited
ACN or ARBN	Quarter ended ("current quarter")
66 009 144 503	31 DECEMBER 2002

Consolidated statement of cash flows

	Cash flows related to operating activities	Current quarter \$A'000	Year to date $(6$ months) SA'000
11	Receipts from customers Payments for (a) staff costs (b) advertising and marketing (c) research and development	63 (47) (1)	258 (137) (1) (1)
1.3 1.4	(d) leased assets (e) other working capital Dividends received Interest and other items of a similar nature	(217)	(432)
1.5 1.6 1.7	received Interest and other costs of finance paid Income taxes paid Other (provide details if material)	(77) 114	(192) 268
	Net operating cash flows	(165)	(237)

⁺ See chapter 19 for defined terms.

		Current quarter \$A'000	Year to date (3 months) SA'000
1.8	Net operating cash flows (carried forward)	(165)	(237)
	investing to related flows Cash activities
1.9	Payment for acquisition of: (a) businesses (item 5) (b) equity investments (c) intellectual property (d) physical non-current assets (e) Mobile Fleet development and telecommunications infrastructure		(1)
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	88	94
1.11 1.12 1.13	Loans to other entities Loans repaid by other entities Other (provide details if material)		1
	Net investing cash flows	88	94
1.14	cash Total operating and investing flows	(77)	(143)
1.15 1,16 1.17 1.18 1.19 1.20	financing to related flows Cash activities Proceeds from issues of shares, options, etc. Proceeds from sale of forfeited shares Proceeds from borrowings Repayment of borrowings Dividends paid Share issue and listing expenses	115 (120)	165 (211)
		(5)	(46)
	Net financing cash flows Net increase (decrease) in cash held	(82)	(189)
1.21 1.22	Cash at beginning of quarter/year to date Exchange rate adjustments to item 1.20 Cash relating to subsidiary no longer part of	(1,045)	(1,033) 95 1,128
	economic entity	1,128	1

⁺ See chapter 19 for defined terms.

$\bar{z}$

$\mathbf{r}$

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	مد
1.25	Aggregate amount of loans to the parties included in item 1.11	$\blacksquare$

Explanation necessary for an understanding of the transactions 1.26

Non-cash financing and investing activities

• Details of financing and investing transactions which have had a material effect on $2.1$ consolidated assets and liabilities but did not involve cash flows
• Details of outlays made by other entities to establish or increase their share in businesses in $2.2$ which the reporting entity has an interest

N/A

N/A

Financing facilities available

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

		' Amount available \$A'000	Amount used \$A'000
3.1	Loan faciliti e s		۰
3.2	Credit standby arrangements

i See chapter 19 for defined terms.

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	Current quarter SA'000	Previous quarter \$A'000
follows. 4.1	Cash on hand and at bank		92
4.2	Deposits at call
4.3	Bank overdraft		(1.137)
4.4	Other (provide details)
	Total: cash at end of quarter (item 1.22)		(1,045)

Acquisitions and disposals of business entities

		Acquisitions (Item 1.9(a))	Disposals (item 1.10 $\textcircled{a})$ )
5.1	Name of entity	N/A	DP Computers Pte Ltd
5.2	Place of incorporation		Singapore
5.3	or registration Consideration for		\$1
Acquisition or disposal Total net assets 5.4		$(\overline{$3,667,125})$
5.5.	Nature of business		Computers

Compliance statement

• This statement has been prepared under accounting policies which comply with $\mathbf{1}$ accounting standards as defined in the Corporations Law (except to the extent that information is not required because of note 2) or other standards acceptable to ASX.
• This statement does give a true and fair view of the matters disclosed. $\overline{2}$

HUN Date: 23 Jan 2003

Signed by fax:

(Director)

Print name:

DR BOON SENG TAN

$\overline{+}$ See chapter 19 for defined terms.

Notes

• The quarterly report provides a basis for informing the market how the entity's $\mathbf{1}$ . 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.
• The definitions in, and provisions of, AASB 1026: Statement of Cash Flows $2.$ apply to this report except for the paragraphs of the Standard set out below.
• reconciliation of cash flows arising from operating activities to 6.2 $\bullet$ operating profit or loss
• itemised disclosure relating to acquisitions $9.2$
• itemised disclosure relating to disposals 94
• 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 $3.$ 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.

⁴ See chapter 19 for defined terms.