ASX Listing Rules Appendix 4C - Quarterly Report for Entities Admitted on the Basis of Commitments



27 January 2016


The Manager

Company Announcements Office Australian Securities Exchange Exchange Plaza

2 The Esplanade

PERTH WA 6000


By: e-lodgement (ASX code SBI)


QUARTERLY CASH FLOW REPORT


Please find attached Sterling Plantations Limited's quarterly cash flow report for the quarter ended 31 December 2015.


Yours sincerely



Shaun Menezes Company Secretary


STERLING PLANTATIONS LIMITED (ACN 119 880 492)

Suite 1, 437 Roberts Road, Subiaco, 6008, Western Australia, Australia PO Box 2138, Subiaco, 6904, Western Australia, Australia

t + 618 6380 2555 f + 618 9381 1122

www.sterlingplantations.com

Appendix 4C Quarterly report for entities admitted on the basis of commitments



Rule 4.7B

Appendix 4C Quarterly report for entities admitted on the basis of commitments


Introduced 31/3/2000. Amended 30/9/2001, 24/10/2005.


Name of entity


Sterling Plantations Limited


ABN Quarter ended ("current quarter")


ACN 119 880 492

31 December 2015


Consolidated statement of cash flows


Cash flows related to operating activities Currentquarter

$A'000

Year to date

$A'000

1.1

Receipts from (a) customers

239

489

(b) other

12

186


1.2

Payments for (a) staff costs

(309)

(600)

(b) advertising and marketing

(c) research and development

(d) leased assets

(e) other working capital

(816)

(1,242)


  1. Dividends received 1

  2. Interest and other items of a similar nature received

    240 309

  3. Interest and other costs of finance paid (1) (2)

  4. Income taxes Paid

  5. Other (provide details if material)

    • GST Refund / (Paid)

    • Insurance compensation

(10) (9)


Net operating cash flows (645) (868) Appendix 4C Quarterly report for entities admitted on the basis of commitments



Current quarter

$A'000

Year to date

$A'000

1.8 Net operating cash flows (carried forward)

(645)

(868)


Cash flows related to investing activities

  1. Payment for acquisition of:

    1. businesses (item 5)

    2. physical non-current assets

    3. other non-current assets (Plantation Dev Expenditure

    4. Proceeds from disposal of:

      1. businesses (item 5)

      2. physical non-current assets

      3. other non-current assets

      4. Loans to other entities

      5. Loans repaid to other entities

      6. Other (provide details if material)

      - including staff cost)



      • Investment in quoted shares (net)

      • Other receivables (includes prepayment for investment in properties)


      Net investing cash flows

      1.14 Total operating and investing cash flows


      (269)


      (649)

      (326)

      (1,039)


      -


      434

      -

      (714)


      (595)


      (1,968)

      (1,240)

      (2,836)


      Cash flows related to financing activities

      1. Proceeds from issues of shares, options, etc.

      2. Proceeds from sale of forfeited shares

      3. Proceeds from borrowings

      4. Repayment of borrowings

      5. Dividends paid

      6. Other (provide details if material)

        • Proceeds from sale of grower plots

        • Net yield payment


      Net financing cash flows


      (32)


      (4,081)


      (32)


      (4,081)


      Net (decrease) increase in cash held


      (1,272)


      (6,917)

      1.21 Cash at beginning of quarter/year to date

      6,182

      12,335

      1.22 Exchange rate adjustments

      (31)

      (539)

      1.23 Cash at end of quarter

      4,879

      4,879

      Appendix 4C Quarterly report for entities admitted on the basis of commitments



      Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities


      Current quarter

      $A'000


      1.24


      Aggregate amount of payments to the parties included in item 1.2


      217


      1.25


      Aggregate amount of loans to the parties included in item 1.11


      -


      1.26


      Explanation necessary for an understanding of the transactions

      None


      Non-cash financing and investing activities


      1. Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

        None


      2. Details of outlays made by other entities to establish or increase their share in businesses in which the reporting entity has an interest

      None


      Financing facilities available

      Add notes as necessary for an understanding of the position. (See AASB 1026 paragraph 12.2).



      Amount available+

      $A'000

      Amount used

      $A'000

      -

      -

      -

      -

      1. Loan facilities


      2. Credit standby arrangements

      Sterling Plantations Limited issued this content on 27 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2016 05:50:04 UTC

      Original Document: http://www.sterlingplantations.com/quarterly_update/2016/31 Jan 2007 Cover Letter and Dec 06 Update (new).pdf