FBR LTD — Interim / Quarterly Report 2012

Jan 23, 2012

Appendix 4C

Quarterly report for entities admitted on the basis of commitments

Name of entity	Name of entity
DROMANA ESTATE LIMITED
ABN58 090 000 276	Quarter ended (“current quarter”)
58 090 000 276	31 December 2011

Consolidated statement of cash flows

Consolidated statement of cash flows
Cash flows related to operating activities1.1Receipts from customers1.2Payments for(a) staff costs(b) advertising and marketing(c) research and development(d) leased assets(e) other working capital1.3Dividends received1.4Interest and other items of a similar naturereceived1.5Interest and other costs of finance paid1.6Income taxes paid1.7Other (provide details if material)Net operating cash flows	Current quarter$A’000	Year to date:6 months$A’000
	4	8
	----(92)	----(106)
	-	-
	-	-
	-	-
	-	-
	-	-
	(88)	(98)

Appendix 4C Page 1

1.8Net operating cash flows (carried forward)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 (provide details if material)Net investing cash flows1.14Total operating and investing cash flowsCash 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 paid1.20Other (provide details if material)Net financing cash flowsNet increase (decrease) in cash held1.21Cash at beginning of quarter/year to date1.22Exchange rate adjustments to item 1.201.23Cash at end of quarter	Current quarter$A’000	Year to date:6 months$A’000
	(88)	(98)
	-----	-----
	-----	-----
	-	-
	-	-
	-	-
	-	-
	(88)	(98)
	500	500
	-	-
	502	502
	(475)	(485)
	-	-
	-	-
	527	517
	439	419
	1	21
	-	-
	440	440

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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

Aggregate amount of payments to the parties included in item 1.2Aggregate amount of loans to the parties included in item 1.11	Current quarter$A'000
	Nil
	Nil
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

Nil

• 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

Nil

Financing facilities available

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

	3.1Loan facilities-secured convertible notes- secured loan3.2Credit standby arrangements	Amount available$A’000	Amount used$A’000
		500900	500900
		-	-

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Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (asshown in the consolidated statement of cash flows) tothe related items in the accounts is as follows.	Current quarter$A’000	Previous quarter$A’000
4.1Cash on hand and at bank4.2Deposits at call4.3Bank overdraft4.4Other – short term deposits	440	1
	-	-
	-	-
	-	-
Total: cash at end of quarter(item 1.23)	440	1

Acquisitions and disposals of business entities

5.1Name of entity5.2Place of incorporationor registration5.3Consideration foracquisition or disposal5.4Total net assets5.5Nature of business	Acquisitions(Item 1.9(a))	Disposals(Item 1.10(a))
	Nil	Nil

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.

Print name: Garry W Bell Company Secretary

Date: 24 January 2012

Appendix 4C Page 4