MOTIO LTD — Interim / Quarterly Report 2016

Apr 27, 2016

==> picture [596 x 94] intentionally omitted <==

28 April 2016

Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Appendix 4C

Cross‐track digital media system owner and operator XTD Limited (ASX: XTD) ( XTD or the Company ) is pleased to lodge its cashflow report for the March quarter.

XTD is very pleased to report year‐on‐year (YOY) cashflows have improved 386% (adjusting for Contact Light expenses) which is consistent with the opening of the Brisbane network and continuing enthusiasm for the digital out‐of‐home sector.

The March quarter includes the seasonally slower months (December 2015 to February. March receipts do not fall into the March quarter).

Operating Cashflow Highlights

• Cash receipts, which represent revenues for the period from December through to February, were $726,000 .

• XTD generated positive operating cashflow of $290,000 for Q3 after adjusting for expenses associated with the Contact Light development (1Q 2015 +$75,000).

• Operating expenditure directly associated with Contact Light during the quarter was $259,000.

XTD Chief Executive Steve Wildisen commented: “This has been a particularly active quarter for XTD on two fronts. Firstly, we continue to benefit from the marketing industry’s recognition of digital out‐of‐home as being a highly effective and adaptable media. We are also in advanced discussions concerning the potential installation of our systems in major Asian and North American metro networks.

“Second, our innovation division Contact Light is bringing new mobile technology to market that broadens XTD’s product offering from focusing on metro rail users, to wider and much larger transit audiences.”

XTD management continues to invest in securing offshore contracts for the Cross Track Digital system. XTD remains confident of securing contracts in 2016.

For more information, visit www.xtd.tv or contact:

Steve Wildisen Chief Executive steve.wildisen@xtd.tv	Nathan Ryan+61 420 580 887 Investor relations and media nathan.ryan@nwrcommunications.com.au

==> picture [596 x 94] intentionally omitted <==

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

Rule 4.7B

Appendix 4C

Quarterly report for entities admitted on the basis of commitments

Name of entity
XTD Limited
ABN 43 147 799 951	Quarter ended (“current quarter”)
43 147 799 951	31 March 2016

Consolidated statement of cash flows

	Cash flows related to operating activities 1.1 Receipts from customers 1.2 Payments for (a) staff costs (b) advertising and marketing (c) research and development grant (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 – GST Net operating cash flows	Current quarter $A’000	Year to date (9 months) $A’000
		726 (260) (26) - - (359) - 6 - - (56)	2,395 (703) (26) - - (1,485) - 11 - - 49
		31	241

• See chapter 19 for defined terms.

Appendix 4C Page 1

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

Appendix 4C Quarterly report for entities admitted on the basis of commitments
	Current quarter $A’000	Year to date (9 months) $A’000
1.8 Net operating cash flows (carried forward)	31	241
Cash flows related to investing activities 1.9 Payment for acquisition of: (a) businesses (item 5) (b) equity investments (c) intellectual property (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 (e) other non-current assets 1.11 Loans to other entities (Lunalite International Pty Ltd) 1.12 Loans repaid by other entities 1.13 Other (cash acquired – subsidiary) Net investing cash flows 1.14 Total operating and investing cash flows	- - - (150) - - 405 - - - - - -	- - - (569) - - 1,370 - - - - - -
	255	801
	286	1,042
Cash flows related to financing activities 1.15 Proceeds from issues of shares, options, etc. 1.16 Proceeds from sale of forfeited shares 1.17 Proceeds from borrowings 1.18 Repayment of borrowings 1.19 Dividends paid 1.20 Other (costs of issue) Net financing cash flows	- - - - - -	- - - - - -
	-	-
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 ofquarter	286 1,712 (19)	1,042 956 (19)
	1,979	1,979

• 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

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
	68
	-

1.26	Explanation necessaryfor an understandingof the transactions
	Payment for director fees and consultancy is $21,500.
	Payments made to related parties during the quarter:
	Wrays Pty Ltd $ 19,904
	Boston First Capital $ 18,000
	Azure Capital $ 9,000

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	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

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 Term Deposits	1,425	844
	539	853
	-	-
	15	15
Total: cash at end of quarter(item 1.23)	1,979	1,712

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 (Item 1.9(a))	Disposals (Item 1.10(a))
	N/A	N/A
	N/A	N/A
	N/A	N/A
	N/A	N/A
	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.

Sign here: (lodged electronically) Date: 28 April 2016 Company secretary

Print name: Matthew Foy

• See chapter 19 for defined terms.

Appendix 4C Page 4

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

Notes

1. The quarterly report provides a basis for informing the market how the entity’s 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.

2. The definitions in, and provisions of, AASB 1026: Statement of Cash Flows apply to this report except for the paragraphs of the Standard set out below.

3. 6.2 - reconciliation of cash flows arising from operating activities to operating profit or loss

4. 9.2 - itemised disclosure relating to acquisitions

5. 9.4 - itemised disclosure relating to disposals

6. 12.1(a) - policy for classification of cash items  12.3 - disclosure of restrictions on use of cash  13.1 - comparative information

7. Accounting Standards. ASX will accept, for example, the use of International 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.

• See chapter 19 for defined terms.

Appendix 4C Page 5