WINGARA AG LTD — Interim / Quarterly Report 2018

Jan 30, 2019

Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

+Rule 4.7B

Appendix 4C

Quarterly report for entities subject to Listing Rule 4.7B

Introduced 31/03/00 Amended 30/09/01, 24/10/05, 17/12/10, 01/09/16

Name of entity

Wingara AG Ltd

ABN		Quarter ended (“current	quarter”)
58 009 087 469		31 December 2018
Consolidated statement of cash flows		Current quarter	Year to date
		$A’000	(9 months)
			$A’000
1.	Cash flows from operating activities
1.1	Receipts from customers	8,449	23,291
1.2	Payments for
	(a) research and development	-	-
	(b) product manufacturing and operating	(1,573)	(5,080)
	costs
	hay purchases	(5,046)	(8,338)
	(c) advertising and marketing	(17)	(107)
	(d) leased assets	(17)	(32)
	(e) staff costs	(1,775)	(4,855)
	(f) administration and corporate costs	(572)	(1,994)
1.3	Dividends received (see note 3)	-	-
1.4	Interest received	6	20
1.5	Interest and other costs of finance paid	(567)	(1,135)
1.6	Income taxes (paid)/refunded	-	123
1.7	Government grants and tax incentives	-	-
1.8	Other (provide details if material)	12	58
1.9	Net cash from / (used in) operating	(1,100)	1,951
	activities
2.	Cash flows from investing activities
2.1	Payments to acquire:
	(a) property, plant and equipment	(2,167)	(4,202)
	(b) businesses (see item 10)	-	(16,329)
	(c) investments	-	-
	(d) intellectual property	-	-
	(e) other non-current assets	-	(4,647)

• See chapter 19 for defined terms 1 September 2016

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Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

Consolidated statement of cash flows	Consolidated statement of cash flows	Current quarter	Year to date
		$A’000	(9 months)
			$A’000
2.2	Proceeds from disposal of:
	(a) property, plant and equipment	-	-
	(b) businesses (see item 10)	-	-
	(c) investments	-	-
	(d) intellectual property	-	-
	(e) other non-current assets	-	-
2.3	Cash flows from loans to other entities	-	-
2.4	Dividends received (see note 3)	-	-
2.5	Other (provide details if material)	-	-
2.6	Net cash from / (used in) investing	(2,167)	(25,178)
	activities
3.	Cash flows from financing activities
3.1	Proceeds from issues of shares	-	50
3.2	Proceeds from issue of convertible notes	-	-
3.3	Proceeds from exercise of share options	-	-
3.4	Transaction costs related to issues of	-	-
	shares, convertible notes or options
3.5	Proceeds from borrowings	1,431	19,871
3.6	Repayment of borrowings	(510)	(3,380)
3.7	Transaction costs related to loans and	-	-
	borrowings
3.8	Dividends paid	-	-
3.9	Other (provide details if material)	-	-
3.10	Net cash from / (used in) financing	921	16,541
	activities
4.	Net increase / (decrease) in cash and
	cash equivalents for the period
4.1	Cash and cash equivalents at beginning of	4,452	8,702
	quarter/year to date
4.2	Net cash from / (used in) operating	(1,100)	1,951
	activities (item 1.9 above)
4.3	Net cash from / (used in) investing activities	(2,167)	(25,178)
	(item 2.6 above)
4.4	Net cash from / (used in) financing activities	921	16,541
	(item 3.10 above)
4.5	Effect of movement in exchange rates on	9	99
	cash held
4.6	Cash and cash equivalents at end of	2,115	2,115
	quarter

• See chapter 19 for defined terms 1 September 2016

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Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

5.	Reconciliation of cash and cash	Current quarter	Previous quarter
	equivalents	$A’000	$A’000
	at the end of the quarter (as shown in the
	consolidated statement of cash flows) to the
	related items in the accounts
5.1	Bank balances	2,115	4,452
5.2	Call deposits	-	-
5.3	Bank overdrafts	600	600
5.4	Other (provide details)	-	-
5.5	Cash and cash equivalents at end of	2,715	5,052
	quarter (should equal item 4.6 above)
6.	Payments to directors of the entity and their associates		Current quarter
			$A'000
6.1	Aggregate amount of payments to these parties included in item 1.2		135
6.2	Aggregate amount of cash flow from loans to these parties included		-
	in item 2.3
6.3	Include below any explanation necessary to understand the transactions		included in
	items 6.1 and 6.2

==> picture [457 x 50] intentionally omitted <==

7.	Payments to related entities of the entity and their associates	Current quarter
		$A'000
7.1	Aggregate amount of payments to these parties included in item 1.2		-
7.2	Aggregate amount of cash flow from loans to these parties included		-
	in item 2.3
7.3	Include below any explanation necessary to understand the transactions	included in
	items 7.1 and 7.2

==> picture [457 x 50] intentionally omitted <==

• See chapter 19 for defined terms 1 September 2016

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Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

8.	Financing facilities available	Total facility amount	Amount drawn at
	Add notes as necessary for an	at quarter end	quarter end
	understanding of the position	$A’000	$A’000
8.1	Loan facilities	25,959	25,313
8.2	Credit standby arrangements	114	114
8.3	Other (ePay/Corporate Card)	100	-
8.4	Include below a description of each facility above, including the lender,		interest rate and
	whether it is secured or unsecured. If any additional facilities have been entered into or are
	proposed to be entered into after quarter end, include details of those facilities as well.

	Facility	Facility Limit	Drawndown	Interest
		($,000)	($,000)	Rate
	Inventory Loan Facility	4,500	4,500	BBSY+1.5
	Asset finance facility	4,699	4,653
	Bank overdraft	600	-	BBSY+1.8
	Standby Letter of Credit or Guarantee Facility	80	80
	Bank Guarantee	34	34	BBSY+1.5
	ANZ tailored Commercial Facility (1)	1,860	1,860	BBSY+1.5
	ANZ tailored Commercial Facility (2)	7,500	7,500	BBSY+1.5
	ANZ tailored Commercial Facility (3)	4,800	4,800	BBSY+1.5
	ANZ tailored Commercial Facility (4)	500	500	BBSY+1.5
	ANZ tailored Commercial Facility (5)	1,500	1,500	BBSY+1.5
	Corporate Card	100	-
	Totals	26,173	25,427

9.	Estimated cash outflows for next quarter	Estimated cash outflows for next quarter	$A’000
9.1	Research and development			-
9.2	Product manufacturing and operating costs			(3,316)
9.3	Advertising and marketing			-
9.4	Leased assets			-
9.5	Staff costs			(1,618)
9.6	Administration and corporate costs			(524)
9.7	Other (provide details if material)			-
9.8	Total estimated cash outflows			(5,458)
10.	Acquisitions and disposals of	Acquisitions	Disposals
	business entities	$A’000	$A’000
	(items 2.1(b) and 2.2(b) above)
10.1	Name of entity	-		-
10.2	Place of incorporation or	-		-
	registration
10.3	Consideration for acquisition or	-		-
	disposal
10.4	Total net assets	-		-
10.5	Nature of business	-		-

• See chapter 19 for defined terms 1 September 2016

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Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

Compliance statement

• 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.

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

Sign here: Zane Banson Date: 31 January 2019

Print name: Zane Banson Director

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 that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.

2. If this quarterly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report. If this quarterly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standard applies to this report.

3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.

4. See chapter 19 for defined terms 1 September 2016

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