QUESTE COMMUNICATIONS LIMITED — Interim / Quarterly Report 2018

Apr 12, 2018

Queste Communications Ltd March 2018 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 2018
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	Company		Consolidated
	Current Quarter March 18 $'000	Year to Date 9 months $'000	Current Quarter March 18 $'000	Year to Date 9 months $'000
	- 20 - - - 7 - 7 - - - - -	- - (19) - - - (25) - 97 1 - - - -	- 15 - - - (18) - 109 - - - - -	19 (115) - - - (153) 218 1 - - - -
	34	54	106	(30)

Notes:

The Company currently has a 59.86% interest (31 December 2016: 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 2018

	Company	Company	Consolidated	Consolidated
	Current Quarter March 18 $'000	Year to Date 9 months $'000	Current Quarter March 18 $'000	Year to Date 9 months $'000
1.8 Net operatingcash flows(carried forward)	34	54	106	(30)
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 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 other non-current assets physical non-current assets intellectual property Total operating and investing cash flows other non-current assets physical non-current assets intellectual property equity investments businesses (item 5) Proceeds from disposal of: equity investments	- - - - - - - - - - - - -	- (2) - - - - 2 - - - - - -	- - - - - - - - - - - - -	- (4) - - - - 36 - - - - - -
	-	-	-	32
	34	54	106	2
1.15 1.16 1.17 1.18 1.19 1.20 - QUE Equal Access Scheme Share Buy Back Cash flows related to financing activities Proceeds from borrowings 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 sale of forfeited shares - Unclaimed Moneys transferred to WA Treasury	- - - - - - - - (5)	- - - - - 107 - - (6)	- - - - - - - - (5)	- - - - (38) 107 - - (6)
	(5)	101	(5)	63
1.21 1.22 1.23 Cash at end of month Exchange rate adjustments to item 1.20 Cash at beginning of quarter/year to date Net increase (decrease) in cash held	29 176 -	155 50 -	101 198 -	65 234 -
	205	205	299	299

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 2018 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 related entities of the entity and associates of the related entities Payments to directors of the entity and associates of the directors
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 June 16 $'000
	(7)
	-

• 1.26 Explanation necessary for an understanding of the transactions

Payments for Item 1.24 includes: (1) $2,500 Attributable to the Company: and (2) $4,166 - 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).

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

Quarterly Cash Flow Report

March 2018

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 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	182	153	276	175
	23	23	23	23
	-	-	-	-
	-	-	-	-
Total: cash at end of month(item 1.23)	205	176	299	198

Acquisitions and disposals of business entities

5.1 5.2 5.3 5.4 5.5 Place of incorporation or registration Name of entity Nature of business Total net assets Consideration for acquisition or disposal	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 2018

Victor Ho Company Secretary

TheCompany currently holds the following listed share investments:	TheCompany currently holds the following listed share investments:		31-Mar-18
	No Shares/Units	% Interest	Last Bid Price	Market Value
Shares in Orion Equities Limited (OEQ)	9,367,653	59.86%	$0.180	$1,686,178
Shares in Bentley Capital Limited (BEL)	1,225,752	1.61%	$0.110	$134,833
				$1,821,011

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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