Part B
NEW TEL LIMITED 2000-09-14 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++
CONSOLIDATED PROFIT AND LOSS ACCOUNT
(Equity Accounted)
CURRENT PREVIOUS
PERIOD CORRESPONDING
PERIOD
AUD000 AUD000
1.1 Sales (or equivalent operating) revenue 6,331 1,052
1.2 Share of associates "net profit(loss)
attributable to members"
(equal to item 16.7) - -
1.3 Other revenue 5,012 3,656
1.4 Operating profit (loss) before
abnormal items and tax (19,083) (5,985)
1.5 Abnormal items before tax
(detail in item 2.4) 1,581 -
1.6 Operating profit (loss) before tax
(items 1.4 + 1.5) (17,502) (5,985)
1.7 Less tax 1,039 488
1.8 Operating profit (loss) after tax
but before outside equity interests (16,463) (5,497)
1.9 Less outside equity interests 347 184
1.10 Operating profit (loss) after tax
attributable to members (16,116) (5,313)
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) (16,463) (5,497)
1.15 Operating profit (loss) and
extraordinary items after tax
attributable to outside equity
interests (items 1.9 + 1.12) 347 184
1.16 Operating profit (loss) and
extraordinary items after tax
attributable to members
(items 1.10 + 1.13) (16,116) (5,313)
1.17 Retained profits (accumulated losses)
at beginning of financial period (22,139) (16,826)
1.18 If change in accounting policy as set
out in clause 11 of 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 (38,255) (22,139)
1.21 Dividends provided for or paid - -
1.22 Aggregate of amounts transferred
to reserves - -
1.23 Retained profits (accumulated losses)
at end of financial period (38,255) (22,139)
PROFIT RESTATED TO EXCLUDE Current Previous
AMORTISATION OF GOODWILL Period Corresponding
Period
AUD000 AUD000
1.24 Operating profit(loss) after tax
before outside equity interests
(items 1.8) and amortisation of
goodwill (16,463) (5,497)
1.25 Less (plus) outside equity interests 347 184
1.26 Operating profit(loss) after tax
(before amortisation of goodwill)
attributable to members (16,116) (5,313)
INTANGIBLE, ABNORMAL AND EXTRAORDINARY ITEMS
Consolidated - current period
Before Related Related Amount
tax tax outside (after
equity tax)
interests attributable
to members
AUD000 AUD000 AUD000 AUD000
2.1 Amortisation of
goodwill - - - -
2.2 Amortisation of
other intangibles (3,485) - 133 (3,352)
2.3 Total amortisation
of intangibles (3,485) - 133 (3,352)
2.4 Abnormal items 1,581 (569) - 1,012
2.5 Total abnormal items 1,581 (569) - 1,012
2.6 Extraordinary items - - - -
2.7 Total extraordinary
items - - - -
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) (6,629) (1,919)
3.2 Consolidated operating profit
(loss) after tax attributable
to members for the 2nd half year (9,487) (3,394)
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
4.1 Cash 63,359 7,751 3,299
4.2 Receivables 2,909 421 19,664
4.3 Investments 9,189 1,648 2,660
4.4 Inventories 400 493 596
4.5 Other (provide details
if material) 654 371 293
4.6 Total current assets 76,511 10,684 26,512
NON-CURRENT ASSETS
4.7 Receivables 15 47 -
4.8 Investments in associates - - 663
4.9 Other investments 463 - -
4.10 Inventories - - -
4.11 Exploration and
evaluation expenditure
capitalised - - -
4.12 Development properties
(mining entities) - - -
4.13 Other property, plant and
equipment (net) 6,054 1,078 4,634
4.14 Intangibles (net) 13,517 10,353 13,999
4.15 Other - China Internet
project 6,783 - -
4.15a Other (provide details
if material) 135 106 465
4.16 Total non-current assets 26,967 11,584 19,761
4.17 Total assets 103,478 22,268 46,273
CURRENT LIABILITIES
4.18 Accounts payable 6,045 1,663 5,217
4.19 Borrowings 418 42 35
4.20 Provisions 320 150 391
4.21 Other (provide details
if material) 59 2,276 745
4.22 Total current liabilities 6,842 4,131 6,388
NON-CURRENT LIABILITIES
4.23 Accounts payable - - -
4.24 Borrowings 2,131 - -
4.25 Provisions 112 1,078 1,090
4.26 Other (provide details
if material) - - -
4.27 Total non-current
liabilities 2,243 1,078 1,090
4.28 Total liabilities 9,085 5,209 7,478
4.29 Net assets 94,393 17,059 38,795
EQUITY
4.30 Capital 132,535 39,202 67,353
4.31 Reserves 29 210 210
4.32 Retained profits
(accumulated losses) (38,255) (22,139) (28,768)
4.33 Equity attributable to
members of the parent
entity 94,309 17,273 38,795
4.34 Outside equity interests
in controlled entities 84 (214) -
4.35 Total equity 94,393 17,059 38,795
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 corresponding
period
AUD000 AUD000
5.1 Opening balance - -
5.2 Expenditure incurred
during current period - -
5.3 Expenditure written off
during current period - -
5.4 Acquisitions, disposals,
revaluation increments, etc. - -
5.5 Expenditure transferred to
Development Properties - -
5.6 Closing balance as shown in
the consolidated balance sheet
(item 4.10) N/A N/A
DEVELOPMENT PROPERTIES
(To be completed only by entities with mining interests if amounts
are material)
Current Previous
period corresponding
period
AUD000 AUD000
6.1 Opening balance - -
6.2 Expenditure incurred
during current period - -
6.3 Expenditure transferred from
exploration and evaluation - -
6.4 Expenditure written off
during current period - -
6.5 Acquisitions, disposals,
revaluation increments, etc. - -
6.6 Expenditure transferred to
mine properties - -
6.7 Closing balance as shown in
the consolidated balance sheet
(item 4.11) N/A N/A
CONSOLIDATED STATEMENT OF CASH FLOWS
(See note 6)
Current Previous
period corresponding
period
AUD000 AUD000
CASH FLOWS RELATED TO OPERATING ACTIVITIES
7.1 Receipts from customers 5,262 1,039
7.2 Payments to suppliers and
employees (20,075) (8,409)
7.3 Dividends received from associates - -
7.4 Other dividends received - -
7.5 Interest and other items
of similar nature received 1,357 61
7.6 Interest and other costs
of finance paid (144) (71)
7.7 Income taxes paid - -
7.8 Other (provide details if
material) - -
7.9 Net operating cash flows (13,600) (7,380)
CASH FLOWS RELATED TO INVESTING ACTIVITIES
7.10 Payment for purchases of
property, plant and equipment (2,297) (133)
7.11 Proceeds from sale of
property, plant and equipment 964 -
7.12 Payment for purchases of
equity investments - (406)
7.13 Proceeds from sale of
equity investments 2,308 -
7.14 Loans to other entities - -
7.15 Loans repaid by other entities - -
7.16a Other - Payments for research
and development (1,057) (1,338)
7.16b Other - Payments for intellectual
property (767) (1,060)
7.16c Other - Payments for China Internet
Project (6,783) -
7.16d Other - Payments to deposits (10,246) -
7.16e Other (provide details if
material) 50 117
7.17 Net investing cash flows (17,828) (2,820)
CASH FLOWS RELATED TO FINANCING ACTIVITIES
7.18 Proceeds from issues of
securities (shares,
options, etc.) 85,253 13,930
7.19 Proceeds from borrowings - -
7.20 Repayment of borrowings - -
7.21 Dividends paid - -
7.22a Other - Structured Equity
commercialisation fee 1,626 2,635
7.22b Other (provide details if
material) 157 1,171
7.23 Net financing cash flows 87,036 17,736
7.24 NET INCREASE (DECREASE) IN CASH HELD 55,608 7,536
7.25 Cash at beginning of period
(see Reconciliation of cash) 7,751 233
7.26a Exchange rate adjustments
to item 7.25 - -
7.26b Cash balance of a controlled
entity disposed (net of those
acquired) during the year - (8)
7.27 Cash at end of period
(see Reconciliation of cash) 63,359 7,751
NON-CASH FINANCING AND INVESTING ACTIVITIES
Details 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.
During the financial year the consolidated entity acquired plant
and equipment with an aggregate fair value of $2,611,121 by means
of finance leases.
The consolidated entity acquired interests in controlled entities
by means of the issue of 4,000,000 ordinary shares.
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 as follows. AUD000 AUD000
8.1 Cash on hand and at bank 63,359 7,751
8.2 Deposits at call - -
8.3 Bank overdraft - -
8.4 Other (provide details) - -
8.5 Total cash at end of
period (item 7.25) 63,359 7,751
RATIOS Current Previous
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) (301) % (569) %
PROFIT AFTER TAX / EQUITY INTERESTS
9.2 Consolidated operating profit (loss)
after tax attributable to members
(item 1.10) as a percentage of equity
(similarly attributable) at the end of
the period (item 4.31) (17) % (31) %
EARNINGS PER SECURITY (EPS)
10.1 Calculation of basic, and fully diluted,
EPS in accordance with
"AASB 1027: Earnings per Share"
(a) Basic EPS (14.6) (11.4)
(b) Diluted EPS (if materially - -
different from (a))
(c) Weighted average number of
ordinary shares outstanding
during the period used in
the calculation of the Basic
EPS 110,352,000 46,459,000
NTA BACKING Current Previous
(see note 7) period corresponding
period
11.1 Net tangible asset backing
per ordinary security 0.58 0.07
