Investor Relations

Preliminary Final Report

Back Sep 13, 2000
Part B | Part C | Part A

Q MULTIMEDIUM LIMITED                         2000-09-13  ASX-SIGNAL-G

HOMEX - Perth                                                         

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CONSOLIDATED PROFIT AND LOSS ACCOUNT
(Equity Accounted)
                                                CURRENT     PREVIOUS
                                                PERIOD   CORRESPONDING
                                                             PERIOD
                                              0
  AUD000       AUD000

1.1  Sales (or equivalent operating) revenue     4,852            -

1.2  Share of associates "net profit(loss)   
     attributable to members" 
     (equal to item 16.7)                            -            -

1.3  Other revenue                                 170            -

1.4  Operating  profit (loss) before
     abnormal items and tax                    (2,436)            -

1.5  Abnormal items before tax
     (detail in item 2.4)           0
                 -            -

1.6  Operating profit (loss) before tax
     (items 1.4 + 1.5)                         (2,436)            -

1.7  Less tax                                        -            -

1.8  Operating profit (loss) after tax
     but before outside equity interests       (2,436)            -

1.9  Less outside equity interests                   -            -

1.10 Operating profit (loss) after tax
     attributable to members                   (2,4360
)            -
 
1.11 Extraordinary items after tax
     (detail in item 2.6)                            -            -

1.12 Less outside equity interests                   -            -

1.13 Extraordinary items after tax
     attributable to members                         -            -

1.14 Total operating profit (loss) and
     extraordinary items after tax 
     (items 1.8 + 1.11)                        (2,436)            -

1.15 Operating profit (loss) and
     extr0
aordinary items after tax 
     attributable to outside equity 
     interests (items 1.9 + 1.12)                    -            -

1.16 Operating profit (loss) and
     extraordinary items after tax 
     attributable to members 
     (items 1.10 + 1.13)                       (2,436)            -

1.17 Retained profits (accumulated losses)
     at beginning of financial period            (639)            -

1.18 If change in accounting policy as set
     out in clause 11 of0
 AASB 1018 Profit
     and Loss Accounts, adjustments as
     required by that clause (include brief
     (description)                                   -            -

1.19 Aggregate of amounts transferred
     from reserves                                   -            -

1.20 Total available for appropriation         (3,075)            -

1.21 Dividends provided for or paid                  -            -

1.22 Aggregate of amounts transferred
     to reserves           0
                          -            - 

1.23 Retained profits (accumulated losses)
     at end of financial period                (3,075)            -


PROFIT RESTATED TO EXCLUDE                     Current      Previous
AMORTISATION OF GOODWILL                        Period   Corresponding
                                                             Period
                                                AUD000       AUD000   

1.24 Operating profit(loss) after tax
     b0
efore outside equity interests
    (items 1.8) and amortisation of
     goodwill                                  (2,317)            -

1.25 Less (plus) outside equity interests            -            -

1.26 Operating profit(loss) after tax 
     (before amortisation of goodwill) 
      attributable to members                  (2,317)            -



INTANGIBLE, ABNORMAL AND EXTRAORDINARY ITEMS

                                   Consolidated  -  current period

           0
                  Before   Related   Related     Amount 
                               tax      tax     outside     (after 
                                                 equity       tax)
                                               interests  attributable
                                                           to members

                             AUD000    AUD000    AUD000      AUD000

2.1 Amortisation of 
    goodwill                    119         -         - 0
        119

2.2 Amortisation of 
    other intangibles             -         -         -           -

2.3 Total amortisation 
    of intangibles              119         -         -         119

2.4 Abnormal items                -         -         -           -

2.5 Total abnormal items          -         -         -           -

2.6 Extraordinary items           -         -         -           -

2.7 Total extraordinary
    items                         -         -        0
 -           -


COMPARISON OF HALF YEAR PROFITS                Current     Previous
(Preliminary final statement only)               year         year
                                                AUD000       AUD000
3.1  Consolidated operating profit             
     (loss) after tax attributable 
     to members reported for the 1st 
     half year (item 1.10 in the
     half yearly report)                         (668)            -
    
3.2  Consolidated operating prof0
it              
     (loss) after tax attributable 
     to members for the 2nd half year          (1,768)            - 


CONSOLIDATED BALANCE SHEET
(See note 5)
                                  At end of  As in last    As in last
                                   current     annual     half yearly
                                   period      report      report
                                   AUD000       AUD000       AUD000
      CURRENT ASSETS                      0
                           
4.1   Cash                          1,250            -        4,749
4.2   Receivables                   1,172            -        1,197
4.3   Investments                       -            -            -
4.4   Inventories                     131            -           62
4.5   Other (provide details
      if material)                      -            -            -

4.6   Total current assets          2,553            -        6,008

      NON-CUR0
RENT ASSETS
4.7   Receivables                      55            -            -
4.8   Investments in associates       103            -            -
4.9   Other investments                 -            -            -
4.10  Inventories                       -            -            -
4.11  Exploration and
      evaluation expenditure
      capitalised                       -            -            -
4.12  Development properties
      (mining entities)                 -       0
     -            -
4.13  Other property, plant and
      equipment (net)               2,369            -        2,193
4.14  Intangibles (net)             1,109            -        1,126
4.15  Other (provide details
      if material)                      -            -            -

4.16  Total non-current assets      3,636            -        3,319

4.17  Total assets                  6,189            -        9,327

      CURRENT LIABILITIES
4.18  Accounts payable        0
        620            -        1,015
4.19  Borrowings                        -            -        1,047
4.20  Provisions                      191            -          128
4.21  Other (provide details
      if material)                      -            -            -

4.22  Total current liabilities       811            -        2,190

      NON-CURRENT LIABILITIES
4.23  Accounts payable                  -            -            -
4.24  Borrowings                        -0
            -            -
4.25  Provisions                       54            -           49
4.26  Other (provide details 
      if material)                      -            -            -

4.27  Total non-current
      liabilities                      54            -           49

4.28  Total liabilities               865            -        2,239

4.29  Net assets                    5,324            -        7,088

      EQUITY
4.30  Capital                       8,385 0
           -        8,394
4.31  Reserves                         14            -            -
4.32  Retained profits
      (accumulated losses)        (3,075)            -      (1,306) 
4.33  Equity attributable to
      members of the parent
      entity                        5,324            -        7,088
4.34  Outside equity interests
      in controlled entities            -            -            -

4.35  Total equity                  5,324            -        7,088

0
4.36  Preference capital and
      related premium included 
      as part of 4.32                   -            -            -


EXPLORATION AND EVALUATION EXPENDITURE CAPITALISED

To be completed only by entities with mining interests if amounts are
material. Include all expenditure incurred regardless of whether 
written off directly against profit.
                                               Current     Previous
                                                period  0
corresponding
                                                             period
                                                AUD000       AUD000

5.1  Opening balance                               N/A            -
   
5.2  Expenditure incurred                            
     during current period                         N/A            -

5.3  Expenditure written off
     during current period                         N/A            -

5.4  Acquisitions, disposals, 
     0
revaluation increments, etc.                  N/A            -

5.5  Expenditure transferred to
     Development Properties                        N/A            -
    
5.6  Closing balance as shown in
     the consolidated balance sheet
     (item 4.10)                                   N/A            -


DEVELOPMENT PROPERTIES
(To be completed only by entities with mining interests if amounts 
are material)
                                               Current     Previous0

                                                period  corresponding
                                                             period
                                                AUD000       AUD000

6.1  Opening balance                               N/A            -

6.2  Expenditure incurred 
     during current period                         N/A            -

6.3  Expenditure transferred from
     exploration and evaluation                    N/A            -

6.4 0
 Expenditure written off
     during current period                         N/A            -

6.5  Acquisitions, disposals, 
     revaluation increments, etc.                  N/A            -

6.6  Expenditure transferred to
     mine properties                               N/A            -
    
6.7  Closing balance as shown in
     the consolidated balance sheet 
     (item 4.11)                                   N/A            -


CONSOLIDATED STATEMENT OF CASH FLOWS
(See0
 note 6)
                                               Current     Previous
                                                period  corresponding
                                                            period
                                                AUD000       AUD000
CASH FLOWS RELATED TO OPERATING ACTIVITIES
7.1   Receipts from customers                    4,747            -

7.2   Payments to suppliers and 
      employees                                (7,2040
)            -

7.3   Dividends received from associates             -            -

7.4   Other dividends received                       -            -

7.5   Interest and other items 
      of similar nature received                   101            -

7.6   Interest and other costs
      of finance paid                            (140)            -

7.7   Income taxes paid                              -            -

7.8   Other (provide details if
      material)         0
                             -            -

7.9   Net operating cash flows                 (2,496)            -
                                               
CASH FLOWS RELATED TO INVESTING ACTIVITIES
7.10  Payment for purchases of
      property, plant and equipment              (624)            -

7.11  Proceeds from sale of
      property, plant and equipment                 70            -

7.12  Payment for purchases of
      equity investments                       (0
1,743)            -

7.13  Proceeds from sale of
      equity investments                             -            -

7.14  Loans to other entities                        -            -

7.15  Loans repaid by other entities                 -            -

7.16  Other (provide details if
      material)                                      -            -
                                               
7.17  Net investing cash flows                 (2,297)            -

CASH FL0
OWS RELATED TO FINANCING ACTIVITIES
7.18  Proceeds from issues of
      securities (shares,
      options, etc.)                             8,385            -

7.19  Proceeds from borrowings                      19            -

7.20  Repayment of borrowings                  (2,006)            -

7.21  Dividends paid                                 -            -

7.22  Other (provide details if
      material)                                      -            -

7.23  Net f0
inancing cash flows                   6,398            0

7.24  NET INCREASE (DECREASE) IN CASH HELD       1,605            -

7.25  Cash at beginning of period
      (see Reconciliation of cash)               (355)            -

7.26  Exchange rate adjustments
      to item 7.23.                                  -            -

7.27  Cash at end of period
     (see Reconciliation of cash)                1,250            -


NON-CASH FINANCING AND INVESTING ACTIVITIES

Detail0
s of financing and investing transactions which have had a 
material effect on consolidated assets and liabilities but did not
involve cash flows are as follows. If an amount is quantified, show
comparative amount.

 Nil


RECONCILIATION OF CASH

Reconciliation of cash at the end of           Current     Previous
the period (as shown in the consolidated        period   corresponding
statement of cash flows) to the related                     period
items in the accounts is as0
 follows.             AUD000      AUD000

8.1  Cash on hand and at bank                        5            -

8.2  Deposits at call                            1,349            -

8.3  Bank overdraft                              (104)            -

8.4  Other (provide details)                         -            -
 
8.5  Total cash at end of
     period (item 7.25)                          1,250            -


RATIOS                                         Current     Previo0
us
                                                period   corresponding
                                                             period
     PROFIT BEFORE ABNORMALS AND TAX/SALES
9.1  Consolidated operating profit (loss) 
     before abnormal items and tax (item 
     1.4) as a percentage of sales revenue 
     (item 1.1)                                 (50.0) %          - %

     PROFIT AFTER TAX / EQUITY INTERESTS
9.2  Consolidated operating profit (loss) 
     after 0
tax attributable to members
     (item 1.10) as a percentage of equity
     (similarly attributable) at the end of 
     the period (item 4.31)                     (45.6) %           - %


EARNINGS PER SECURITY (EPS)

10.1 Calculation of basic, and fully diluted, 
     EPS in accordance with 
     "AASB 1027: Earnings per Share"

    (a)  Basic EPS                              (0.04) c          - c

    (b)  Diluted EPS (if materially                  - c          - c
       0
  different from (a))

    (c)  Weighted average number of
         ordinary shares outstanding
         during the period used in 
         the calculation of the Basic
         EPS                                54,613,699            -

NTA BACKING                                   Current     Previous
 (see note 7)                                   period   corresponding
                                                             period
11.1 Net tangible asset backing
   0
  per ordinary security                        0.06 c          - c

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