INVION LIMITED — Interim / Quarterly Report 2011

Oct 30, 2011

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

Appendix 4C

Quarterly report for entities admitted on the basis of commitments

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

Name of entity
CBio Limited
ABN 76 094 730 417	Quarter ended (“current quarter”)
76 094 730 417	30 September 2011

Consolidated statement of cash flows

Cash flows related to operating activities 1.1 Receipts from customers 1.2 Payments for (a) staff costs (b) patent costs (c) research and development (d) leased assets (e) other working capital 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other- Net operating cash flows	Current quarter $A’000	Year to date (3 months) $A’000
	47 (1,156) (105) (760) (15) (781) - 25 (120) - -	47 (1,156) (105) (760) (15) (781) - 25 (120) - -
	(2,865)	(2,865)

• See chapter 19 for defined terms.

Appendix 4C Page 1

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

	Current quarter $A’000	Year to date (3 months) $A’000
1.8 Net operating cash flows (carried forward)	(2,865)	(2,865)
Cash flows related to investing activities 1.9 Payment for acquisition of: (a) businesses (b) equity investments (c) intellectual property (d) physical non- current assets (e) other non-current assets 1.10 Proceeds from disposal of: (a) businesses (b) equity investments (c) intellectual property (d) physical non- current assets (e) other non-current assets 1.11 Loans to other entities 1.12 Loans repaid by other entities 1.13 Other Net investing cash flows 1.14 Total operating and investing cash flows	- - - (6) - - - - - - - - -	- - - (6) - - - - - - - - -
	(6)	(6)
	(2,871)	(2,871)
Cash flows related to financing activities 1.15 Proceeds from issues of shares 1.16 Proceeds from shares not yet issued: 1.17 Proceeds from borrowings 1.18 Repayment of borrowings: 1.19 Dividends paid 1.20 Other Creditors (costs of fund raising) Net financing cash flows	103 363 - - - (28)	103 363 - - - (28)
	438	438
Net increase (decrease) in cash held 1.21 Cash at beginning of quarter/year to date 1.22 Exchange rate adjustments to item 1.20 1.23 Cash at end of quarter	(2,433) 3,909 -	(2,433) 3,909 -
	1,476	1,476

• See chapter 19 for defined terms.

Appendix 4C Page 2

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

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

1.24 Aggregate amount of payments to the parties included in item 1.2 1.25 Aggregate amount of loans to the parties included in item 1.11	Current quarter $A'000
	544
	-

• 1.26 Explanation necessary for an understanding of the transactions Payment of director’s fees, compulsory superannuation and consulting fees.

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

N/A

• 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

N/A

Financing facilities available

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

3.1 Loan facilities 3.2 Credit standby arrangements 3.3 Convertible loan facility	Amount available $A’000	Amount used $A’000
	-	-
	-	-
	-	-

• See chapter 19 for defined terms.

Appendix 4C Page 3

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 $A’000
4.1 Cash on hand and at bank 4.2 Deposits at call 4.3 Bank overdraft 4.4 Other (provide details)	1,476	3,909
	-	-
	-	-
	-	-
Total: cash at end of quarter(item 1.23)	1,476	3,909

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	Acquisitions	Disposals
	N/A	N/A

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.

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Sign here: Original signed (Company Secretary)

Date: 31 October 2011

Print name: ROSLYNN SHAND

• See chapter 19 for defined terms.

Appendix 4C Page 4