QUESTE COMMUNICATIONS LIMITED — Interim / Quarterly Report 2017

Mar 12, 2017

Queste Communications Ltd February 2017 and Controlled Entity

Monthly Cash Flow Report

February 2017 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
	28 February 2017
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 staff costs Other (provide details if material) Income taxes (paid)/refund Interest and other costs of finance paid advertising and marketing other working capital leased assets research and development Net operating cash flows Interest and other items of a similar nature received Dividends received	Company		Consolidated
	Current Month February 17 $'000	Year to Date 8 months $'000	Current Month February 17 $'000	Year to Date 8 months $'000
	- (2) - - - 20 - - - - -	4 (28) - - - (42) 10 1 - - -	4 (6) - - - 4 - - - - -	19 (153) - - - (221) 110 1 - - -
	18	(55)	2	(244)

Notes:

The Company currently has a 59.86% (31 January 2016: 59.86%) 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

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Monthly Cash Flow Report

Queste Communications Ltd and Controlled Entity

February 2017

	Company	Company	Consolidated	Consolidated
	Current Month February 17 $'000	Year to Date 8 months $'000	Current Month February 17 $'000	Year to Date 8 months $'000
1.8 Net operatingcash flows(carried forward)	18	(55)	2	(244)
1.9 (a) (b) (c) (d) (e) 1.10 (a) (b) (c) (d) (e) 1.11 1.12 1.13 1.14 Net investing cash flows 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: Total operating and investing cash flows other non-current assets Other (provide details if material) Loans repaid by other entities Loans to other entities	- - - - - - - - - - - -	- - - - - - - - - - - -	- - - - - - - - - - - -	- (1) - - - - 256 - - - - -
	-	-	-	255
	18	(55)	2	11
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 - QUE Equal Access Scheme Share Buy Back	- - - - - - -	- - - - - - (1)	- - - - - - -	- - - - - - (1)
	-	(1)	-	(1)
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	18 62 -	(56) 136 -	2 216 -	10 208 -
	80	80	218	218

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 February 2017 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 February 17 $'000
		(7)
		-
1.26	Explanation necessary for an understanding of the transactions
	(1) $6,667 Attributable to Controlled Entity, OEQ. Payments for 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 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

Monthly Cash Flow Report

February 2017

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	58	40	196	194
	22	22	22	22
	-	-	-	-
	-	-	-	-
Total: cash at end of month(item 1.23)	80	62	218	216

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 March 2017

Victor Ho Company Secretary

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

28-Feb-17

			28-Feb-17
	No Shares/Units	% Interest	Last Bid Price	Market Value
Shares in Orion Equities Limited (OEQ)	9,367,653	59.86 %	$0.155	$1,451,986
Shares in Bentley Capital Limited (BEL)	1,300,000	2.38 %	$0.140	$182,000
Other listed shares	various	various	various	$2,219
				$1,636,205

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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