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



23 October 2015


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 30 September 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

30 September 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

250

250

(b) other

174

174


1.2

Payments for (a) staff costs

(291)

(291)

(b) advertising and marketing

(c) research and development

(d) leased assets

(e) other working capital

(426)

(426)


  1. Dividends received 1 1

  2. Interest and other items of a similar nature received

    69 69

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

  4. Income taxes Paid

  5. Other (provide details if material)

    • GST paid 1 1

    • Insurance compensation

Net operating cash flows (223) (223) 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)

(223)

(223)


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


      (380)


      (380)

      (713)

      (713)


      434


      434

      (714)

      (714)


      (1,373)


      (1,373)

      (1,596)

      (1,596)


      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


      (4,049)


      (4,049)


      (4,049)


      (4,049)


      Net (decrease) increase in cash held


      (5,645)


      (5,645)

      1.21 Cash at beginning of quarter/year to date

      12,335

      12,335

      1.22 Exchange rate adjustments

      (508)

      (508)

      1.23 Cash at end of quarter

      6,182

      6,182

      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


      136


      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

      distributed by