PAINCHEK LTD — Interim / Quarterly Report 2019

Jan 28, 2019

+Rule 4.7B

Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

Introduced 31/03/00 Amended 30/09/01, 24/10/05, 17/12/10, 01/09/16

Name of entity

PAINCHEK LTD

Name of entity PAINCHEK LTD
ABN 21146035127	Quarter ended (“current quarter”)
	31/12/2018
Consolidated statement of cash flows	Current quarter $A’000	Year to date (6 months) $A'000
1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 Income taxes paid Government grants and tax incentives Other (provide details if material) Net cash from / (used in) operating activities (e) staff costs (f) administration and corporate costs Dividends received (see note 3) Interest received Interest and other costs of finance paid Cash flows from operating activities Receipts from customers Payments for (a) research and development (b) product manufacturing and operating costs (c) advertising and marketing (d) leased assets	17 -390 -107 -249 -291 14 745	52 -942 -244 -443 -523 74 745
	-261	-1,279
Cash flows from investing activities Payments to acquire: (a) property, plant and equipment (b) businesses (see item 10) (c) investments (d) intellectual property (e) other non-current assets Proceeds from disposal of: (a) property, plant and equipment (b) businesses (see item 10) (c) investments (d) intellectual property (e) other non-current assets 2.2 2.0 2.1	0	-4

Cash flows from loans to other entities Dividends received (see note 3) Other (provide details if material) Net cash from / (used in) investing activities 2.3 2.4 2.5 2.6
	0	-4
Cash flows from financing activities Proceeds from issues of shares Proceeds from issue of convertible notes Proceeds from exercise of share options Transaction costs related to issues of shares, convertible notes or options Proceeds from borrowings Repayment of borrowings Transaction costs related to loans and borrowings Dividends paid Other (provide details if material) Net cash from / (used in) financing activities 3.7 3.8 3.9 3.1 3.1 3.2 3.3 3.4 3.5 3.6 3.0	0 0 0	0 5 0
	0	5
Net increase / (decrease) in cash and cash equivalents for the period Cash and cash equivalents at beginning of quarter/year to date Net cash from / (used in) operating activities (item 1.9 above) Net cash from / (used in) investing activities (item 2.6 above) Net cash from / (used in) financing activities (item 3.10 above) Effect of movement in exchange rates on cash held Cash and cash equivalents at end of quarter 4.1 4.2 4.3 4.4 4.5 4.6 4.0	2,589 -261 0 0	3,606 -1,279 -4 5
	2,328	2,328
Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts 5.0	Current quarter $A’000	Previous quarter $A’000
Bank balances Call deposits Bank overdrafts Other (provide details) Cash and cash equivalents at end of quarter (should equal item 4.6 above) 5.1 5.2 5.3 5.4 5.5	811 1,518	579 2,010
	2,328	2,589

6.3 Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2 6.0 Payments to directors of the entity and their associates 6.1 Aggregate amount of payments to these parties included in item 1.2 6.2 Aggregate amount of cash flow from loans to these parties included in item 2.3	Current quarter $A'000
	96

7.0 Payments to related entities of the entity and their associates

Current quarter $A'000

• 7.1 Aggregate amount of payments to these parties included in item 1.2 Aggregate amount of cash flow from loans to these parties included in

• 7.2 item 2.3 Include below any explanation necessary to understand the transactions included in items 7.1 and

• 7.3 7.2

Financing facilities available Total facility amount at quarter end Amount drawn at quarter end Add notes as necessary for an understanding of the position $A’000 $A’000 Loan facilities Credit standby arrangements Other (please specify) 8.0 8.1 8.2 8.3 8.4 Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those facilities as well.	Total facility amount at quarter end	Amount drawn at quarter end
	$A’000	$A’000

9.0 Estimated cash outflows for next quarter	$A’000
9.6 Administration and corporate costs 9.7 License acquisition 9.8 Total estimated cash outflows 9.3 Advertising and marketing 9.4 Leased assets 9.5 Staff costs 9.1 Research and development 9.2 Product manufacturing and operating costs	350 150 350 200
	1,050

Acquisitions and disposals of business entities (items 2.1(b) and 2.2(b) above) Name of entity Place of incorporation or registration Consideration for acquisition or disposal Total net assets Nature of business 10.4 10.5 10.0 10.1 10.2 10.3	Acquisitions	Disposals

Compliance statement

• This statement has been prepared in accordance with accounting standards and policies which comply with

• 1 Listing Rule 19.11A.

• 2 This statement gives a true and fair view of the matters disclosed.

Sign here: Date: 29 January 2019 Company secretary Print name: Ian Hobson

Notes

The quarterly report provides a basis for informing the market how the entity’s activities have been financed for 1 the past quarter and the effect on its cash position. An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.

If this quarterly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report. If this quarterly report has been 2 prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standard applies to this report.

Dividends received may be classified either as cash flows from operating activities or cash flows from investing 3 activities, depending on the accounting policy of the entity.