QUESTE COMMUNICATIONS LIMITED — Interim / Quarterly Report 2014

Nov 13, 2013

Queste Communications Ltd October 2013 and Controlled Entity

Monthly Cash Flow Report

October 2013 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 2013
1.1 1.2 (a) (b) (c) (d) (e) 1.3 1.4 1.5 1.6 1.7 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 advertising and marketing staff costs Other (provide details if material) Income taxes (paid)/refund Interest and other costs of finance paid	Company		Consolidated
	Current Month Oct 2013 $'000	Year to Date 4 months $'000	Current Month Oct 2013 $'000	Year to Date 4 months $'000
	- 92 - - - (4) - 1 - -	- (50) - - - (117) - 10 - -	10 55 - - - (84) - 14 - -	64 (197) - - - (299) - 43 - -
	89	(157)	(5)	(389)

Notes:

The Company currently has a 53.84% 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) Suite 1, 346 Barker Road, Subiaco, Western Australia 6008 Tel: (08) 9214 9777 Email: info@queste.com.au Fax: (08) 9214 9701

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October 2013

Monthly Cash Flow Report

Queste Communications Ltd and Controlled Entity

	Company	Company	Consolidated	Consolidated
	Current Month Oct 2013 $'000	Year to Date 4 months $'000	Current Month Oct 2013 $'000	Year to Date 4 months $'000
1.8 Net operatingcash flows(carried forward)	89	(157)	(5)	(389)
1.9 (a) (b) (c) (d) (e) 1.10 (a) (b) (c) (d) (e) 1.11 1.12 1.13 1.14 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: 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 - Distribution of capital return from equity investment	- - - (2) - - - - - - - - - -	- - - (6) - - - - - - - - - -	- - - (12) - - - - - - - - - -	- - - (16) - - - - - - - - - -
	(2)	(6)	(12)	(16)
	87	(163)	(17)	(405)
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 - On-Market Share Buy Back	- - - - - - -	- - - - - - -	- - - - - - (12)	- - - - - - (106)
	-	-	(12)	(106)
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	87 823 -	(163) 1,073 -	(29) 2,286 (1)	(511) 2,766 1
	910	910	2,256	2,256

Queste Communications Ltd (ABN 58 081 688 164) Suite 1, 346 Barker Road, Subiaco, Western Australia 6008 Tel: (08) 9214 9777 Email: info@queste.com.au Fax: (08) 9214 9701

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Queste Communications Ltd October 2013 and Controlled Entity

Monthly Cash Flow Report

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 2013 $'000
		(42)
		-
1.26	Explanation necessary for an understanding of the transactions
	(1) $12,284 Attributable to the Company; and Payments for Staff costs (in Item 1.24) includes: (2) $30,066 Attributable to Controlled Entity, OEQ.

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) Suite 1, 346 Barker Road, Subiaco, Western Australia 6008 Tel: (08) 9214 9777 Email: info@queste.com.au Fax: (08) 9214 9701

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Queste Communications Ltd and Controlled Entity

October 2013

Monthly Cash Flow Report

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: Reconciliation of cash	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	890	803	2,235	1,065
	20	20	21	1,221
	-	-	-	-
	-	-	-	-
Total: cash at end of month(item 1.23)	910	823	2,256	2,286

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.

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Date: 14 November 2013

Victor Ho Company Secretary

31-Oct-13 No Shares % Interest Last Bid Price 9,367,653 53.84 % 0.255 $ The Company currently holds the following listed share investments: Shares (Other) Shares in Orion Equities Limited (OEQ)	31-Oct-13 No Shares % Interest Last Bid Price 9,367,653 53.84 % 0.255 $ The Company currently holds the following listed share investments: Shares (Other) Shares in Orion Equities Limited (OEQ)	Market Value
	9,367,653 53.84 % 0.255 $	2,388,752 $ 273,927 $
		2,662,679 $

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

Queste Communications Ltd (ABN 58 081 688 164) Suite 1, 346 Barker Road, Subiaco, Western Australia 6008 Tel: (08) 9214 9777 Email: info@queste.com.au Fax: (08) 9214 9701

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