QUESTE COMMUNICATIONS LIMITED — Interim / Quarterly Report 2015

Apr 13, 2015

Queste Communications Ltd March 2015 and Controlled Entity

Monthly Cash Flow Report

March 2015 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 March 2015
1.1 1.2 (a) (b) (c) (d) (e) 1.3 1.4 1.5 1 6 Cash flows related to operating activities Consolidated statement of cash flows Payments for Receipts from customers advertising and marketing staff costs Income taxes (paid)/refund Interest and other costs of finance paid other working capital leased assets research and development Interest and other items of a similar nature received Dividends received . 1.7 Other (provide details if material) Net operating cash flows - Security deposit	Company		Consolidated
	Current Month Mar 15 $'000	Year to Date 9 months $'000	Current Month Mar 15 $'000	Year to Date 9 months $'000
	- (62) - - - 3 11 - - - - -	- (419) - - - 84 30 3 - - - (18)	- (99) - - - (53) 124 1 - - - -	38 (679) - - - (257) 340 12 - - - (37)
	(48)	(320)	(27)	(583)

Notes:

The Company currently has a 58.93% (28 February 2015: 58.93%) 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 2, 23 Ventnor Avenue, West Perth, Western Australia 6005 Telephone: (08) 9214 9777 Email: info@queste.com.au Facsimile: (08) 9214 9701

Page 1

Monthly Cash Flow Report

March 2015

Queste Communications Ltd and Controlled Entity

	Company	Company	Consolidated	Consolidated
	Current Month Mar 15 $'000	Year to Date 9 months $'000	Current Month Mar 15 $'000	Year to Date 9 months $'000
1.8 Net operatingcash flows(carried forward)	(48)	(320)	(27)	(583)
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 equity investments businesses (item 5) Payment for acquisition of: Cash flows related to investing activities 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: Other (provide details if material) Loans repaid by other entities Loans to other entities	- (11) - - - - 39 - - - - -	- (287) - - - - 200 - - - - -	- (21) - - - - 91 - - - - -	- (577) - - - - 399 9 93 - - -
	28	(87)	70	(76)
	(20)	(407)	43	(659)
Cash flows related to financing activities 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. Net financing cash flows Other (provide details if material) Dividends paid Repayment of borrowings Proceeds from borrowings - OEQ On-Market Share Buy Back	- - - - - -	- - - - - -	- - - - - -	- - - - - (18)
	-	-	-	(18)
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	(20) 200 -	(407) 587 -	43 469 -	(677) 1,189 -
	180	180	512	512

Queste Communications Ltd (ABN 58 081 688 164)

Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005 Telephone: (08) 9214 9777 Email: info@queste.com.au Facsimile: (08) 9214 9701

Page 2

Queste Communications Ltd March 2015 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 Mar 15 $'000
		(51)
		-
1.26	Explanation necessary for an understanding of the transactions
	(1) $13,397 Attributable to the Company; and Payments for Item 1.24 includes: (2) $37,300 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)

Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005 Telephone: (08) 9214 9777 Email: info@queste.com.au Facsimile: (08) 9214 9701

Page 3

Queste Communications Ltd and Controlled Entity

Monthly Cash Flow Report

March 2015

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	159	179	491	448
	21	21	21	21
	-	-	-	-
	-	-	-	-
Total: cash at end of month(item 1.23)	180	200	512	469

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 Act or other standards acceptable to ASX.

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

==> picture [86 x 38] intentionally omitted <==

==> picture [86 x 14] intentionally omitted <==

Date: 14 April 2015

Victor Ho Company Secretary

The Company currently holds the following listed share investments and investments in unlisted managed funds:

				31-Mar-15
	No Shares/Units	% Interest		Last Bid Price		Market Value
Shares in Orion Equities Limited (OEQ)	9,367,653	58.93 %	$	0.18	$	1,686,178
Shares in Bentley Capital Limited (BEL)	1,740,625	2.38 %	$	0.13	$	226,281
Other listed shares	various	various		various	$	104,237
Units in unlisted managed fund	158,237	n/a	$	1.82	$	287,237
					$	2,303,933

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

Queste Communications Ltd (ABN 58 081 688 164)

Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005 Telephone: (08) 9214 9777 Email: info@queste.com.au Facsimile: (08) 9214 9701

Page 4