Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
Rule 5.5
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
Name of entity PLANET GAS LIMITED
ABN 46 098 952 035
Quarter ended ("current quarter")
31 December 2017 |
Consolidated statement of cash flows | Current quarter $A'000 | Year to date (12 months) $A'000 |
| 88 - - - - (26) - - (64) - - - | 352 - - - - (155) - 1 (245) - - - |
(2) | (47) |
Appendix 5B Page 1
Consolidated statement of cash flows
Current quarter
$A'000
Year to date (12 months)
$A'000
+ See chapter 19 for defined terms. Appendix 5B Page 2
2. | Cash flows from investing activities | ||
2.1 | Payments to acquire: | ||
(a) property, plant and equipment | - | - | |
(b) tenements (see item 10) | - | - | |
(c) investments | - | - | |
(d) other non-current assets | - | - | |
2.2 | Proceeds from the disposal of: | ||
(a) property, plant and equipment | - | - | |
(b) tenements (see item 10) | - | - | |
(c) investments | - | - | |
(d) 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 activities | - | - |
3. | Cash flows from financing activities | ||
3.1 | Proceeds from issues of shares | - | - |
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 | - | - |
3.6 | Repayment of borrowings | - | (196) |
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 activities | - | (196) |
01/09/2016 |
Consolidated statement of cash flows | Current quarter $A'000 | Year to date (12 months) $A'000 | |
4. 4.1 4.2 4.3 4.4 | Net increase / (decrease) in cash and cash equivalents for the period Cash and cash equivalents at beginning of period Net cash from / (used in) operating activities (item 1.9 above) Net cash from / (used in) investing activities (item 2.6 above) Net cash from / (used in) financing activities (item 3.10 above) | 145 (2) - - | 386 (47) - (196) |
4.5 | Effect of movement in exchange rates on cash held | - | - |
4.6 | Cash and cash equivalents at end of period | 143 | 143 |
5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts | Current quarter $A'000 | Previous quarter $A'000 |
| 142 1 - - | 131 14 - - |
143 | 145 |
6. | Payments to directors of the entity and their associates | |
6.1 | Aggregate amount of payments to these parties included in item 1.2 | - |
6.2 | Aggregate amount of cash flow from loans to these parties included in | - |
item 2.3 | ||
6.3 | ||
N/A. |
Current quarter
$A'000
Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2
Appendix 5B Page 3
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
N/A.
8. Financing facilities available
Add notes as necessary for an understanding of the
position
8.1 Loan facilities
8.2 Credit standby arrangements
8.3 Other (please specify)
Total facility amount at quarter end
$US'000
Amount drawn at quarter end
$US'000
15,000
2,900
-
-
-
-
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.
Macquarie Bank Limited is the facility lender. The facility interest rate is LIBOR plus 5.5% per annum and secured over the Assets of the Company.
9. Estimated cash outflows for next quarter | $A'000 |
| - - - - 37 - |
37 |
Appendix 5B Page 4
01/09/2016
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
10. Changes in tenements (items 2.1(b) and 2.2(b) above) | Tenement reference and location | Nature of interest | Interest at beginning of quarter | Interest at end of quarter |
10.1 Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced | Nil | Nil | Nil | Nil |
10.2 Interests in mining tenements and petroleum tenements acquired or increased | Nil | Nil | Nil | Nil |
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:
`
Date: 23 January 2018
Company secretaryPrint name:Marcelo Mora
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 6: Exploration for and Evaluation of Mineral Resources and 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 standards apply 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.
01/09/2016
Appendix 5B Page 5
Planet Gas Limited published this content on 23 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 January 2018 02:59:01 UTC.
Original documenthttp://www.planetgas.com/index.cfm/planet-gas-news/asx/2018-asx-announcements/quarterly-cashflow-report-31-december-2017/
Public permalinkhttp://www.publicnow.com/view/30FBEEE60CD8B9DEF33E6FB61577C470B3A02CE8