EXPERIENCE CO LIMITED — Interim / Quarterly Report 2014

Mar 24, 2015

Skydive the Beach Group Limited

Pro forma balance sheet 31 Dec 2014

	STB Group 31/12/2014 Reviewed	STB Directors Pro forma AustraliaSkydive 31 Dec 2014 Unaudited	Pro forma adjustments minimum Pro forma 31/12/2014 Minimum	Pro forma adjustments Maximum Pro foma 31/12/2014 Maximum	Pro forma adjustments +$5m over Pro foma 31/12/2014 +$5m over
ASSETS Current assets Cash and cash equivalents Trade and other receivables Inventories Other assets Total current assets Non-current assets Plant and equipment Other non-current assets Intangible assets Excess of consideration over pro forma Australia Skydive net assets acquired Total non-current assets Total assets LIABILITIES Current liabilities Trade and other payables Borrowings Income received in advance Provisionscurrent Current tax liabilities Total current liabilities Non-current liabilities Borrowings Deferred tax liabilities Provisions Total non-current liabilities Total liabilities Net assets Equity Issued capital Revaluation reserve Retained earnings Total equity	1,445 2,095 1,032 335 4,908 11,126 400 1,551 - 13,077 17,985 2,297 1,512 267 176 1,136 5,388 6,469 388 48 6,905 12,293 5,692 27 - 5,666 5,692	956 827 236 254 2,274 7,368 - 480 - 7,848 10,122 1,122 - 525 148 - 1,795 3,000 - - 3,000 4,795 5,327 4,008 4,653 (3,334) 5,327	849 3,250 (216) 2,706 - 1,269 - 589 633 7,814 - 18,494 (400) - - 2,032 6,373 6,373 5,973 26,899 6,606 34,713 - 3,419 300 1,812 - 792 - 324 - 1,136 300 7,483 - 3,000 12,469 - 388 - 48 3,000 12,905 3,300 20,388 3,306 14,325 4,812 8,847 (4,653) - 3,146 5,478 3,306 14,325	10,339 12,741 (216) 2,706 - 1,269 - 589 10,123 17,304 - 18,494 (400) - - 2,032 6,373 6,373 5,973 26,899 16,097 44,203 - 3,419 300 1,812 - 792 - 324 - 1,136 300 7,483 3,000 12,469 - 388 - 48 3,000 12,905 3,300 20,388 12,797 23,815 14,303 18,338 (4,653) - 3,146 5,478 12,797 23,815	15,085 17,486 (216) 2,706 - 1,269 - 589
					14,868 22,049
					- 18,494 (400) - - 2,032 6,373 6,373
					5,973 26,899
					20,842 48,948
					- 3,419 300 1,812 - 792 - 324 - 1,136
					300 7,483
					3,000 12,469 - 388 - 48
					3,000 12,905
					3,300 20,388
					17,542 28,561
					19,048 23,083 (4,653) - 3,146 5,478
					17,542 28,561
ASX lising rule 1.3.2 test - proportion of cash held	8%		9%	29%