Investor Relations

Commitments Test Entity - Fourth Quarter Report

Back Jul 31, 2001
Q MULTIMEDIUM LIMITED                         2001-07-31  ASX-SIGNAL-G

HOMEX - Perth                                                         

+++++++++++++++++++++++++
The company announced today that as at 30 June 2001 its cash on hand
was $485,000. In addition, the company has positive working capital
of $545,000 and unused overdraft facilities of $300,000.

The quarter ended 30 June 2001 includes the costs of exiting the
Singapore and Perth Multimedia markets and the restructure and focus
on core business units being Jumbuck Corporation Ltd and Q Digital.

Forecasts for the quarter ended 30 September 2001 indicate a marginal
positive operating cash flow for that quarter.

Given the facts and circumstances mentioned above, the company
advises that it has sufficient operating reserves for the foreseeable
future and also advises that it has complied with Rule 3.1 of the ASX
Listing Rules in regard to continuous disclosure.


K Stedman 
DIRECTOR
                       APPENDIX 4C
               QUARTERLY REPORT FOR ENTITIES
                  ON BASIS OF COMMITMENTS

Name of entity
Q Multimedium Limited

ACN or ARBN                Quarter ended ("current quarter")
083 160 909                30/06/2001

CONSOLIDATED STATEMENT OF CASH FLOWS

Cash flows related to                          Current   Year to date 
operating activities                           Quarter   (12 months)
                                               AUD'000      AUD'000

1.1  Receipts from customers                       941        5,297
1.2  Payments for         
       (a) staff costs                           (938)      (4,360)
       (b) advertising & marketing                 (7)         (65)
       (c) research & development                    -            -
       (d) leased assets                           (8)         (31)
       (e) other working capital                 (847)      (2,693)
1.3  Dividends received                              -            -
1.4  Interest and other items of
     a similar nature received                      10           24
1.5  Interest and other costs of
     finance paid                                 (10)         (31)
1.6  Income taxes paid                               -            -
1.7  Other (provide details if material)             -            -

1.8  Net Operating Cash Flows                    (859)      (1,859)

Cash flows related to investing activities                
1.9  Payment for acquisition of:        
       (a) businesses (item 5)                       -            -
       (b) equity investments                        -        (397)   
       (c) intellectual property                     -            -   
       (d) physical non-current assets            (63)        (293)   
       (e) other non-current assets                  -            -
1.10  Proceeds from disposal of:        
       (a) businesses                                -            -
       (b) equity investments                        -            -   
       (c) intellectual property                     -            -   
       (d) physical non-current assets              37           76   
       (e) other non-current assets                  -            -
1.11 Loans to other entities                     (179)        (179)
1.12 Loans repaid by other entities                  -            -
1.13 Other (provide details if material)             -            -

     Net investing cash flows                    (205)        (793)
 
1.14 Total operating and
     investing cash flows                      (1,064)      (2,652)

Cash flows related to financing activities                
1.15 Proceeds from issues of
     shares, options, etc.                       1,746        1,746
1.16 Proceeds from sale of
     forfeited shares                                -            -
1.17 Proceeds from borrowings                        -          169
1.18 Repayment of borrowings                      (13)         (29)
1.19 Dividends paid                                  -            -
1.20 Other (provide details if material)           (1)            1

     Net financing cash flows                    1,732        1,887

     Net increase (decrease) in cash held          668        (765)

1.21 Cash at beginning of quarter/
     year to date                                (183)        1,250

1.22 Exchange rate adjustments to item 1.20          -            -

1.23 Cash at end of quarter                        485          485


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                          185

1.25 Aggregate amount of loans to the 
     parties included in item 1.11                               -

1.26 Explanation necessary for an understanding
     of the transactions

 Salaries and Fees paid to Executive and Non-Executive Directors

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.

                                                Amount       Amount
                                              available       used
                                               AUD'000      AUD'000

3.1  Loan facilities    
     - Fluctuating overdraft facility
       of $300,000 with Bank of Western 
       Australia                                   300           75
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                      560           27
4.2  Deposits at call                                -            -
4.3  Bank overdraft                               (75)        (210)
4.4  Other (provide details)                         -            -

     Total: cash at end of quarter (item 1.22)     485        (183)




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 Law
   or other standards acceptable to ASX.

2. This statement does give a true and fair view
   of the matters disclosed.

K M Stedman                     
DIRECTOR            Date: 31/07/2001

 

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