Sumatra Copper & Gold : December 2016 Quarterly Cashflow Report

Appendix 5B

+Rule 5.5

Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/13, 01/09/16

Name of entity
Sumatra Copper & Gold Plc.
ABN	Quarter ended ("current quarter")
14 136 694 267	31 December 2016

Consolidated statement of cash flows		Current quarter $US'000	Year to date (12 months) $US'000
1.	Cash flows from operating activities	11,288	34,911
1.1	Receipts from customers
1.2	Payments for	(140)	(467)
(a) exploration & evaluation
(b) development		-	-
(c) production		(9,560)	(25,597)
(d) staff costs		(1,723)	(6,497)
(e) administration and corporate costs		(677)	(3,307)
1.3	Dividends received (see note 3)	-	-
1.4	Interest received	-	5
1.5	Interest and other costs of finance paid	(1,067)	(4,281)
1.6	Income taxes paid	-	-
1.7	Research and development refunds	-	-
1.8	Other (provide details if material)	-	-
1.9	Net cash from / (used in) operating activities	(1,879)	(5,233)

1. Cash flows from investing activities

2. Payments to acquire:

3. property, plant and equipment

   (1,048) (4,508)

4. tenements (see item 10) - -

5. investments - -

6. other non-current assets - -

7. Consolidated statement of cash flows		Current quarter $US'000	Year to date (12 months) $US'000
   2.2	Proceeds from the disposal of:	-	-
   (a) property, plant and equipment
   (b) tenements (see item 10)	-	-
   (c) investments	-	-
   (d) other non-current assets	-	-
   2.3	Cash flows from loans to other entities	-	-
   2.4	Dividends received (see note 3)	-	-
   2.5	Other (provide details if material)	-	-
   2.6	Net cash from / (used in) investing	(1,048)	(4,508)
   activities

8. Cash flows from financing activities

9. Proceeds from issues of shares

10. Proceeds from issue of convertible notes

11. Proceeds from exercise of share options

12. Transaction costs related to issues of shares, convertible notes or options

13. Proceeds from borrowings

14. Repayment of borrowings

15. Transaction costs related to loans and borrowings

16. Dividends paid

17. Other (provide details if material)

18. 3.10 Net cash from / (used in) financing activities

-

-

-

-

5,586

(156)

(349)

-

-

- 4,500

-

-

8,317

(1,055)

(409)

-

-

5,081

11,353

Net increase / (decrease) in cash and cash equivalents for the period Cash and cash equivalents at beginning of period Net cash from / (used in) operating activities (item 1.9 above) Net cash from / (used in) investing activities (item 2.6 above) Net cash from / (used in) financing activities (item 3.10 above) Effect of movement in exchange rates on cash held 4.6 Cash and cash equivalents at end of period	349 (1,879) (1,048) 5,081 -	890 (5,233) (4,508) 11,353 1
	2,503	2,503

5.	Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts	Current quarter $US'000	Previous quarter $US'000
5.1	Bank balances	2,503	349
5.2	Call deposits	-	-
5.3	Bank overdrafts	-	-
5.4	Other (provide details)	-	-
5.5	Cash and cash equivalents at end of quarter (should equal item 4.6 above)	2,503	349

Current quarter $US'000

27

-

1. Payments to directors of the entity and their associates

2. Aggregate amount of payments to these parties included in item 1.2

3. Aggregate amount of cash flow from loans to these parties included in item 2.3

4. Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2

   Current quarter $US'000

   -

   -

5. Payments to related entities of the entity and their associates

6. Aggregate amount of payments to these parties included in item 1.2

7. Aggregate amount of cash flow from loans to these parties included in item 2.3

8. Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2

   Total facility amount at quarter end $US'000	Amount drawn at quarter end $US'000
   49,600	48,150
   -	-
   7,000	7,000
   5,165	5,165

9. Financing facilities available Add notes as necessary for an understanding of the position

10. Loan facilities

11. Credit standby arrangements

12. Other (please specify) - Convertible loan

    Working capital

13. Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those facilities as well.

14. Lender Total facility Amount drawn Interest Rate Secured / Unsecured

    Nomura Special Investments

    US$'000 US$'000

    7.50% Secured

    Singapore	45,000	45,000
    PT Bank UOB Indonesia	4,600	3,150

    LIBOR + up to 4% (USD) JIBOR + up to 5% (IDR)

    Secured

    PT Provident Minerals Pte 6,175 6,175 10% Unsecured

    PT Saratoga Investama Sedaya Tbk 5,990 5,990 10% Unsecured

    9.	Estimated cash outflows for next quarter	$US'000
    9.1	Exploration and evaluation	200
    9.2	Development (capital)	1,500
    9.3	Production	8,000
    9.4	Staff costs	1,700
    9.5	Administration and corporate costs	500
    9.6	Other (provide details if material) - interest payable	905
    9.7	Total estimated cash outflows	12,805

    10.	Changes in tenements (items 2.1(b) and 2.2(b) above)	Tenement reference and location	Nature of interest	Interest at beginning of quarter	Interest at end of quarter
    10.1	Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced
    10.2	Interests in mining tenements and petroleum tenements acquired or increased