QUESTE COMMUNICATIONS LIMITED — Interim / Quarterly Report 2013

Nov 12, 2012

Monthly Cash Flow Report

Queste Communications Ltd October 2012 and Controlled Entity

October 2012 Monthly Cash Flow Report

Name of entity:

QUESTE COMMUNICATIONS LTD and controlled entity

ACN or ARBN 081 688 164	Month Ended	Month Ended	Month Ended	Month Ended
	31 October 2012
1.1 1.2 (a) (b) (c) (d) (e) 1.3 1.4 1.5 1.6 1.7 advertising and marketing staff costs Other (provide details if material) Income taxes (paid)/refund Interest and other costs of finance paid Cash flows related to operating activities Consolidated statement of cash flows Payments for Receipts from customers other working capital leased assets research and development Net operating cash flows Interest and other items of a similar nature received Dividends received - Unclaimed Monies	Company		Consolidated
	Current Month Oct 2012 $'000	Year to Date 4 months $'000	Current Month Oct 2012 $'000	Year to Date 4 months $'000
	- (55) - - - (66) - 15 - - -	- (165) - - - (199) - 40 - - (3)	18 (108) - - - (144) - 16 - - -	242 (344) - - - (430) - 45 - - (15)
	(106)	(327)	(218)	(502)

Notes:

The Company currently has a 50.88% interest in ASX listed investment company, Orion Equities Limited ("OEQ"). OEQ is a controlled entity of the Company under the Accounting Standards.

Therefore, the Consolidated columns in this Monthly Cash Flow Report takes into account the cash flows of the Company and its controlled entity, including OEQ.

Queste Communications Ltd (ABN 58 081 688 164)

Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 Tel: (08) 9214 9777 Email: info@queste.com.au Fax: (08) 9322 1515

Page 1

Monthly Cash Flow Report

Queste Communications Ltd and Controlled Entity

October 2012

	Company	Company	Consolidated	Consolidated
	Current Month Oct 2012 $'000	Year to Date 4 months $'000	Current Month Oct 2012 $'000	Year to Date 4 months $'000
1.8 Net operatingcash flows(carried forward)	(106)	(327)	(218)	(502)
1.9 (a) (b) (c) (d) (e) 1.10 (a) (b) (c) (d) (e) 1.11 1.12 1.13 1.14 equity investments businesses (item 5) Payment for acquisition of: Cash flows related to investing activities Other (provide details if material) Loans repaid by other entities Loans to other entities Capital return from equity investment Total operating and investing cash flows Net investing cash flows other non-current assets physical non-current assets intellectual property other non-current assets physical non-current assets intellectual property equity investments businesses (item 5) Proceeds from disposal of:	- - - - - - 2 - - - - - - -	- - - - - - 2 - - - - - - -	- - - - - - 3 - - - - - - -	- - - - - - 1,582 - - - - - - -
	2	2	3	1,582
	(104)	(325)	(215)	1,080
1.15 1.16 1.17 1.18 1.19 1.20 Proceeds from sale of forfeited shares Proceeds from issues of shares, options, etc. Cash flows related to financing activities Net financing cash flows Other (provide details if material) Dividends paid Repayment of borrowings Proceeds from borrowings	- - - - - -	- - - - - -	- - - - - -	- - - - - -
	-	-	-	-
1.21 1.22 1.23 Cash at end of month Exchange rate adjustments to item 1.20 Cash at beginning of month/year to date Net increase (decrease) in cash held	(104) 1,427 -	(325) 1,648 -	(215) 3,306 -	1,080 2,011 -
	1,323	1,323	3,091	3,091

Queste Communications Ltd (ABN 58 081 688 164) Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 Tel: (08) 9214 9777 Email: info@queste.com.au Fax: (08) 9322 1515

Page 2

Monthly Cash Flow Report

Queste Communications Ltd October 2012 and Controlled Entity

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 1.25	Aggregate amount of loans to theparties included in item 1.11 Aggregate amount of payments to the parties included in item 1.2	Current Month Oct 2012 $'000
		(59)
		-
1.26	Explanation necessary for an understanding of the transactions
	(2) $41,984 - Salaries, fees and superannuation paid by controlled entity, Orion Equities Limited (OEQ), to its Directors. (1) $16,814 - Salaries, fees and superannuation paid by the Company to Directors; Payments for Staff costs (in Item 1.24) includes:

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

None.

• 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

None.

Financing facilities available

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

3.1 3.2 Credit standbyarrangements Loan facilities	Amt available $'000	Amount used $'000
	-	-
	-	-

Queste Communications Ltd (ABN 58 081 688 164)

Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 Tel: (08) 9214 9777 Email: info@queste.com.au Fax: (08) 9322 1515

Page 3

Monthly Cash Flow Report

Queste Communications Ltd and Controlled Entity

October 2012

Reconciliation of cash Reconciliation of cash at the end of the month (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows:	Company	Company	Consolidated	Consolidated
	Current Month $'000	Previous Month $'000	Current Month $'000	Previous Month $'000
4.1 4.2 4.3 4.4 Other(Bank Bills) Bank overdraft Deposits at call Cash on hand and at bank	203	307	471	536
	1,120	1,120	2,620	2,770
	-	-	-	-
	-	-	-	-
Total: cash at end of month(item 1.23)	1,323	1,427	3,091	3,306

Acquisitions and disposals of business entities

5.1 5.2 5.3 5.4 5.5 Nature of business Total net assets Consideration for acquisition or disposal Place of incorporation or registration Name of entity	Acquisitions (Item 1.9(a))	Disposals (Item 1.10(a))
	- -	- -
	- -	- -
	- -	- -
	- -	- -
	- -	- -

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Law (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.

==> picture [86 x 51] intentionally omitted <==

Date: 13 November 2012

Victor Ho Company Secretary

The Company	currently holds the following listed	share investments:		31-Oct-12
		No Shares	% Interest	Last Bid Price	Market Value
Shares in Orion Equities Limited (OEQ)		9,063,153	50.88%	$0.230	$2,084,525
Shares (Other)					$273,079
					$2,357,605

The above investments are regarded as liquid assets to supplement the Company's cash reserves.

Queste Communications Ltd (ABN 58 081 688 164)

Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 Tel: (08) 9214 9777 Email: info@queste.com.au Fax: (08) 9322 1515

Page 4