Coal of Africa Limited Reports Consolidated Cash Flows from Operating Activities for the Fourth Quarter and Year Ended June 30, 2012; Provides Capital Expenditure Guidance for the First Quarter of Fiscal 2013
August 01, 2012 at 11:30 am IST
Coal of Africa Limited reported consolidated cash flows from operating activities for the fourth quarter and year ended June 30, 2012. For the quarter, net operating cash inflow was $15,051,000. Payment for purchases of other fixed assets was $21,217,000.
For the year, net operating cash outflow was $28,202,000. Payment for purchases of other fixed assets was $39,283,000.
For the first quarter of fiscal 2013, the company estimates cash outflows on exploration and evaluation of $5,858,000, cash outflows on development of $7,433,000 and cash outflows on production of $38,769,000. Total cash outflows are estimated to be $79,073,000.