Second Quarter Cashflow Rpt
July 25 2002 - 2:30AM
UK Regulatory
RNS Number:0673Z
Anglo Pacific Group PLC
25 July 2002
ANGLO PACIFIC GROUP PLC
REPORT FOR THE QUARTER ENDED 30TH JUNE 2002
1. Gordon Resources Limited - Coalmine Royalty Entitlements - Queensland
(a) Kestrel (Rio Tinto)
The royalty received for the quarter to 31st March 2002 was A$1,249,990
compared to A$1, 621,003 for the previous quarter.
(b) Crinum (Broken Hill Proprietary)
The royalty received for the quarter to 31st March 2002 was A$2,552,642
compared to A$437,525 for the previous quarter.
2. Minerals - Scotland
Ledmore Marble reports further progress in productivity and sales.
3. Canadian Coal interests
The Group continues to expand its coal interests in British Columbia.
For further information please contact:
Jonathan Rooper Cardew & Co 020 7930 0777
Gavin Barry Cardew & Co 020 7930 0777
ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 30TH JUNE 2002
CURRENT YEAR TO
QUARTER DATE
(6 Months)
£m £m
CASHFLOWS RELATED TO OPERATING ACTIVITIES
Receipts from product sales and related debtors 0.1 0.2
Payments for:
Exploration and evaluation - -
Development - -
Production (0.1) (0.2)
Administration (0.1) (0.2)
Dividends received - -
Interest and other items of a similar nature received - -
Interest and other costs of finance paid - -
Income taxes paid (0.3) (0.5)
Other - Royalties received 1.4 2.1
NET OPERATING CASHFLOWS 1.0 1.4
CASHFLOWS RELATING TO INVESTING ACTIVITIES
Payment for equity investments (0.6) (0.6)
Payment for purchases of other fixed assets - -
Proceeds from sale of equity investments - -
NET INVESTING CASHFLOWS (0.6) (0.6)
CASHFLOWS RELATED TO FINANCING ACTIVITIES
Cash proceeds share issue - -
Proceeds from borrowings - -
Repayment of borrowings - -
Dividends paid - -
NET FINANCING CASHFLOWS - -
NET INCREASE/(DECREASE) IN CASH HELD 0.4 0.8
Cash at beginning of quarter/period 2.6 2.2
Exchange rate adjustments - -
CASH AT END OF QUARTER/PERIOD 3.0 3.0
ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 30TH JUNE 2002
Amount Amount
Available 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
RECONCILIATION OF CASH Current Previous
Quarter Quarter
£'000 £'000
Cash on hand and at bank 56 48
Deposits on call 2,908 2,583
Bank overdraft - -
Total cash at end of quarter 2,964 2,631
ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER
Categories of Securities Number Issued Number Quoted Par Value Paid-up Value
Ordinary Shares 86.96 million 86.96 million 10p 10p
Number Exercise Price Expiry Date
Options 500,000 18p 10/12/02
1,500,000 18p 10/12/04
332,000 18p 3/06/09
900,000 23.5p 13/10/06
(END)
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