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SUREFIRE RESOURCES NL Interim / Quarterly Report 2009

May 10, 2009

65857_rns_2009-05-10_1af5ab68-6bf3-486e-8f51-28b2093abb1c.pdf

Interim / Quarterly Report

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Rule 4.7B

Appendix 4C

Ten Month report for entities admitted on the basis of commitments

Introduced 31/3/2000. Amended 30/9/2001, 24/10/2005.

Name of entity

GENESIS BIOMEDICAL LIMITED

48 083 274 024 April 2009

ABN Ten Month period ending

Consolidated statement of cash flows

Cash flows related to operating activities Current month(April 2009)$A'000 Year to date(10 months)$A'000
1.1 Receipts from customers
1.2 Payments for (a) staff costs(b)advertising and marketing(c)research and development (35) (361)
(d) leased assets(e) other working capital (88) (646)
1.31.4 Dividends receivedInterest and other items of a similar naturereceived 1 30
1.51.61.7 Interest and other costs of finance paidIncome taxes paidOther (provide details if material)
Net operating cash flows (122) (977)

+ See chapter 19 for defined terms.

Current month Year to date
(April) (10 months)
$A'000 $A'000
1.8 Net operating cash flows (carried forward) (122) (977)
1.9 Cash flows related to investing activitiesPayment for acquisition of:(a) businesses (item 5)(b) equity investments(c) intellectual property(d) physical non-current assets(e) other - (50)
1.10 Proceeds from disposal of:(a) businesses (item 5)(b) equity investments(c) intellectual property(d) physical non-current assets(e) other non-current assets
1.11 Loans to other entities
1.12 Loans repaid by other entities
1.13 Other
Net investing cash flows - (50)
1.14 Total operating and investing cash flows (122) (1027)
1.151.161.171.181.191.20 Cash flows related to financing activitiesProceeds from issues of shares, options, etc.Proceeds from sale of forfeited sharesProceeds from borrowingsRepayment of borrowingsDividends paidOther - 90
Net financing cash flows - 90
Net increase (decrease) in cash held (122) (937)
1.211.22 Cash at beginning of quarter/year to dateExchange rate adjustments to item 1.20 279 1,094
1.23 Cash at end of month / YTD 157 157

* The Company also had $46,657 in security deposits which have not been included in the cash at the end of the period.

+ See chapter 19 for defined terms.

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

Current month$A'000
1.24 Aggregate amount of payments to the parties included in item 1.2 25
1.25 Aggregate amount of loans to the parties included in item 1.11 N/A

1.26 Explanation necessary for an understanding of the transactions

Managing Directors Salary and Directors fees

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

N/A

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

N/A

Financing facilities available

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

Amount available Amount used
$A'000 $A'000
3.1 Loan facilities
- -
3.2 Credit standby arrangements - -

+ See chapter 19 for defined terms.

Reconciliation of cash

Reconciliation of cash at the end of the quarter (asshown in the consolidated statement of cash flows)to the related items in the accounts is as follows. Current Month(April)$A'000 Previous Month(March)$A'000
4.1 Cash on hand and at bank 34 68
4.2 Deposits at call 123 211
4.3 Bank overdraft
4.4 Other (provide details)
Total: cash at end of quarter (item 1.23) 157 279

Acquisitions and disposals of business entities

Acquisitions(Item 1.9(a)) Disposals(Item 1.10(a))
5.1 Name of entity
5.2 Placeincorporationregistration ofor
5.3 Consideration foracquisitiondisposal or
5.4 Total net assets
5.5 Nature of business

Compliance statement

  • 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act (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.

(Company Secretary

Sign here: Date: 08 May 2009

Print name: DAVID SEMMENS

+ See chapter 19 for defined terms.

Notes

    1. The quarterly report provides a basis for informing the market how the entity's activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.
    1. The definitions in, and provisions of, AASB 1026: Statement of Cash Flows apply to this report except for the paragraphs of the Standard set out below.
  • 6.2 reconciliation of cash flows arising from operating activities to operating profit or loss
    • 9.2 itemised disclosure relating to acquisitions
    • 9.4 itemised disclosure relating to disposals
    • 12.1(a) policy for classification of cash items
    • 12.3 disclosure of restrictions on use of cash
    • 13.1 comparative information
    1. Accounting Standards. ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

+ See chapter 19 for defined terms.