QUESTE COMMUNICATIONS LIMITED — Interim / Quarterly Report 2016

Apr 12, 2016

Queste Communications Ltd March 2016 and Controlled Entity

Quarterly Cash Flow Report

Appendix 4C

Quarterly Report

for entities admitted

on the basis of commitments

Name of entity:

QUESTE COMMUNICATIONS LTD and controlled entity

ACN or ARBN 081 688 164	Quarter Ended	Quarter Ended	Quarter Ended	Quarter Ended
	31 March 2016
1.1 1.2 (a) (b) (c) (d) (e) 1.3 1.4 1.5 1.6 1.7 other working capital leased assets research and development Net operating cash flows Interest and other items of a similar nature received Dividends received Cash flows related to operating activities Consolidated statement of cash flows Payments for Receipts from customers advertising and marketing staff costs Other (provide details if material) Income taxes (paid)/refund Interest and other costs of finance paid	Company		Consolidated
	Current Quarter March 16 $'000	Year to Date 9 months $'000	Current Quarter March 16 $'000	Year to Date 9 months $'000
	- (156) - - - 15 9 - - - -	- - (446) - - - 148 20 2 - - -	- (215) - - - (44) 111 - - - -	- (648) - - - (127) 228 4 - - -
	(132)	(276)	(148)	(543)

Notes:

The Company currently has a 59.86% interest (31 December 2015: 59.86%) 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 Quarterly Cash Flow Report takes into account the cash flows of the Company and its controlled entity, 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

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Quarterly Cash Flow Report

Queste Communications Ltd and Controlled Entity

March 2016

	Company	Company	Consolidated	Consolidated
	Current Quarter March 16 $'000	Year to Date 9 months $'000	Current Quarter March 16 $'000	Year to Date 9 months $'000
1.8 Net operatingcash flows(carried forward)	(132)	(276)	(148)	(543)
1.9 (a) (b) (c) (d) (e) 1.10 (a) (b) (c) (d) (e) 1.11 1.12 1.13 1.14 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 Net investing cash flows other non-current assets physical non-current assets intellectual property Total operating and investing cash flows	- - - - - - - - - - - - -	- (53) - - - - 140 - - - - - - -	- (28) - - - - 30 - - - - - - -	- (144) - - - - 612 - - - - - - -
	-	87	2	468
	(132)	(189)	(146)	(75)
1.15 1.16 1.17 1.18 1.19 1.20 Proceeds from sale of forfeited shares - Unclaimed Moneys transferred to WA Treasury Cash flows related to financing activities Proceeds from issues of shares, options, etc. Repayment of borrowings - OEQ On-Market Share Buy Back Net financing cash flows Other (provide details if material) Dividends paid - Proceeds from call on QUE Partly Paid shares Proceeds from borrowings	- - - - - - - -	- - - - - 166 - -	- - - - - - - -	- - - - - 166 (13) (49)
	-	166	-	104
1.21 1.22 1.23 Cash at end of month Net increase (decrease) in cash held Exchange rate adjustments to item 1.20 Cash at beginning of quarter/year to date	(132) 257 -	(23) 148 -	(146) 464 -	29 289 -
	125	125	318	318

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

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Queste Communications Ltd March 2016 and Controlled Entity

Quarterly 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

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 Quarter March 16 $'000
	(91)
	-

• 1.26 Explanation necessary for an understanding of the transactions

• Payments for Item 1.24 includes: (1) $31,526 Attributable to the Company: and (2) $59,748 - 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).

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

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Queste Communications Ltd and Controlled Entity

Quarterly Cash Flow Report

March 2016

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 Quarter $'000	Previous Quarter $'000	Current Quarter $'000	Previous Quarter $'000
4.1 4.2 4.3 4.4 Other(Bank Bills) Bank overdraft Deposits at call Cash on hand and at bank	103	235	296	442
	22	22	22	22
	-	-	-	-
	-	-	-	-
Total: cash at end of month(item 1.23)	125	257	318	464

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.

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Date: 13 April 2016

Victor Ho Company Secretary

TheCompany currently holds the following listed share investments:	TheCompany currently holds the following listed share investments:		31-Mar-16
	No Shares/Units	% Interest	Last Bid Price	Market Value
Shares in Orion Equities Limited (OEQ)	9,367,653	59.86%	$0.130	$1,217,795
Shares in Bentley Capital Limited (BEL)	1,740,625	2.38%	$0.130	$226,281
Other listed shares	various	various	various	$6,429
Units in unlisted managed fund	161,767	n/a	$1.649	$266,746
				$1,717,251

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

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