Q MULTIMEDIUM LIMITED 2003-01-29 ASX-SIGNAL-G HOMEX - Perth +++++++++++++++++++++++++ APPENDIX 4C QUARTERLY REPORT FOR ENTITIES ON BASIS OF COMMITMENTS Name of entity Q Multimedium Limited ABN Quarter ended ("current quarter") 13 083 160 909 31/12/2002 CONSOLIDATED STATEMENT OF CASH FLOWS Cash flows related to Current Year to date operating activities Quarter (6 months) AUD'000 AUD'000 1.1 Receipts from customers 1,702 2,996 1.2 Payments for (a) staff costs (536) (1,045) (b) advertising & marketing (1) (1) (c) research & development - - (d) leased assets (1) (1) (e) other working capital (944) (1,990) 1.3 Dividends received - - 1.4 Interest and other items of a similar nature received - - 1.5 Interest and other costs of finance paid (54) (108) 1.6 Income taxes paid - - 1.7 Other (provide details if material) - - 1.8 Net Operating Cash Flows 166 (149) Cash flows related to investing activities 1.9 Payment for acquisition of: (a) businesses (item 5) - - (b) equity investments - - (c) intellectual property - - (d) physical non-current assets - - (e) other non-current assets (21) (38) 1.10 Proceeds from disposal of: (a) businesses - - (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 (provide details if material) - - Net investing cash flows (21) (38) 1.14 Total operating and investing cash flows 145 (187) Cash flows related to financing activities 1.15 Proceeds from issues of shares, options, etc. - - 1.16 Proceeds from sale of forfeited shares - - 1.17 Proceeds from borrowings - - 1.18 Repayment of borrowings (88) (174) 1.19 Dividends paid - - 1.20 Other (provide details if material) - - Net financing cash flows (88) (174) Net increase (decrease) in cash held 57 (361) 1.21 Cash at beginning of quarter/ year to date (182) 236 1.22 Exchange rate adjustments to item 1.20 - - 1.23 Cash at end of quarter (125) (125) PAYMENTS TO DIRECTORS OF THE ENTITY AND ASSOCIATES OF THE DIRECTORS PAYMENTS TO RELATED ENTITIES AND ASSOCIATES OF THE RELATED ENTITIES Current Quarter AUD'000 1.24 Aggregate amount of payments to the parties included in item 1.2 133 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 Salaries and Fees paid to Executive and Non-executive Directors, and to a full-time employee, being an associate of a Director. 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 Amount available used AUD'000 AUD'000 3.1 Loan facilities 250 125 3.2 Credit standby arrangements - - RECONCILIATION OF CASH Reconciliation of cash at the end Current Previous of the quarter (as shown in the quarter quarter consolidated statement of cash flows) AUD'000 AUD'000 to the related items in the accounts is as follows. 4.1 Cash on hand and at bank - - 4.2 Deposits at call - - 4.3 Bank overdraft (125) (182) 4.4 Other (provide details) - - Total: cash at end of quarter (item 1.22) (125) (182) ACQUISITIONS AND DISPOSALS OF BUSINESS ENTITIES Acquisitions Disposals (item 1.9(a)) (Item 1.10(a)) 5.1 Name of entity - - 5.2 Place of incorporation or registration - - 5.3 Consideration for acquisition or disposal - - 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. D J Berinson COMPANY SECRETARY Date: 29/01/2003 1