Quarterly Results
28 Outubro 2003 - 5:30AM
UK Regulatory
RNS Number:3600R
Anglo Pacific Group PLC
28 October 2003
28th October 2003
ANGLO PACIFIC GROUP PLC
REPORT FOR THE QUARTER ENDED 30th SEPTEMBER 2003
1. Gordon Resources Limited - Coalmine Royalty Entitlements -
Queensland
(a) Kestrel (Rio Tinto)
The royalty received for the quarter to 30th June 2003 was A$354,104
compared to A$994,604 for the previous quarter.
(b) Crinum (Broken Hill Proprietary - BHP)
The royalty received for the quarter to 30th June 2003 was A$578,206
compared to A$3,040,585 for the previous quarter.
During the June quarter output from both mines has been mainly from the
Queensland Government's area of the coal deposit and not from the
Group's privately owned area. This resulted in lower royalty receipts as
reflected in the Interim Accounts. However, the value of the Group's
royalty interests increased by #10.1 million to #38.8 million at 30th
June 2003 compared to #28.7 million at 31st December 2002.
2. Mining Projects
The Group continues to increase its exposure to the coal, coal energy,
gold, diamonds and PGM sectors in North America and Australia.
For further information see our website: - www.anglopacificgroup.com
For further information please contact:
Brian M Wides, Finance Director
Jeffrey D Gold F.C.A., Company Secretary 020 8458 5141
ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 30TH SEPTEMBER 2003
YEAR TO DATE
CURRENT QUARTER (9 Months)
#m #m
CASHFLOWS RELATED TO OPERATING ACTIVITIES
Receipts from product sales and related debtors - -
Payments for:
Exploration and evaluation - -
Development - -
Production - -
Administration (0.4) (0.7)
Dividends received - -
Interest and other items of a similar nature received - -
Interest and other costs of finance paid - -
Income taxes paid (0.4) (1.6)
Other - Royalties received 0.4 2.8
NET OPERATING CASHFLOWS (0.4) 0.5
CASHFLOWS RELATING TO INVESTING ACTIVITIES
Payment for equity investments (1.0) (2.3)
Payment for purchases of other fixed assets - -
Proceeds from sale of equity investments 0.7 1.2
NET INVESTING CASHFLOWS (0.3) (1.1)
CASHFLOWS RELATED TO FINANCING ACTIVITIES
Proceeds from issue of shares, options etc. - -
Proceeds from borrowings - -
Repayment of borrowings - -
Dividends paid (0.6) (1.6)
NET FINANCING CASHFLOWS (0.6) (1.6)
NET INCREASE/(DECREASE) IN CASH HELD (1.3) (2.2)
Cash at beginning of quarter/period 2.9 3.8
Exchange rate adjustments - -
CASH AT END OF QUARTER/PERIOD 1.6 1.6
ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 30TH SEPTEMBER 2003
Amount Available Amount Used
#'000 #'000
FINANCING FACILITIES AVAILABLE
Barclays Bank PLC - overdraft facility Nil Nil
Barclays Bank PLC - Loan facility Nil Nil
ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER
#'m
Exploration and evaluation Nil
Development Nil
Current Quarter Previous Quarter
#'000 #'000
RECONCILIATION OF CASH
Cash on hand and at bank 34 23
Deposits on call 1,602 2,922
Bank overdraft - -
Total cash at end of quarter 1,636 2,945
ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER
Number Issued Number Quoted
Categories of Securities
Ordinary Shares 87.46 million 87.46 million
Exercise Price Expiry Date
Number
Options 1,500,000 18p 10/12/04
900,000 23.5p 13/10/06
This information is provided by RNS
The company news service from the London Stock Exchange
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