Caravel Minerals LimitedASX: CVV

Quarterly Cash Flow Report Mar 2014

· Issued by Caravel Minerals Limited
Appendix(5B( Mining(exploration(entity(and(oil(and(gas(exploration(entity(quarterly(report(

!

(

Rule%5.5%

Appendix 5B

!

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,!01/05/2013!

!


! Name!of!entity! Caravel(Minerals(Limited!
!

ABN! ! Quarter!ended!("current!quarter")!



41!120!069!089! ! 31(March(2014!
!

Consolidated(statement(of(cash(flows(

!

(

Cash(flows(related(to(operating(activities( (

1.1! Receipts!from!product!sales!and!related!

debtors!

1.2! Payments!for! (a)!!exploration!&!evaluation!

! (b)!!development!

! (c)!!production!

! (d)!!administration!

1.3! Dividends!received!

1.4! Interest!and!other!items!of!a!similar!nature!

received!

1.5! Interest!and!other!costs!of!finance!paid!

1.6! Income!taxes!paid!

1.7! Other!(provide!details!if!material)!

! !

Net(Operating(Cash(Flows!

! !

!

+!See!chapter!19!for!defined!terms.!

!

01/05/2013!Appendix!5B!!Page!1!

!

Appendix(5B( Mining(exploration(entity(and(oil(and(gas(exploration(entity(quarterly(report(

(

!

1.13! Total!operating!and!investing!cash!flows!

(brought!forward)!

!

(588)!

!

(2,125)!

! (

Cash(flows(related(to(financing(activities(

1.14! Proceeds!from!issues!of!shares,!options,!etc.!

1.15! Proceeds!from!sale!of!forfeited!shares!

1.16! Proceeds!from!borrowings!

1.17! Repayment!of!borrowings!

1.18! Dividends!paid!

1.19! Other!(provide!details!if!material)!

! Net(financing(cash(flows!

!

1,232! V!

V! V! V! V!

!

1,934! V!

V! V! V! V!

! (

Cash(flows(related(to(financing(activities(

1.14! Proceeds!from!issues!of!shares,!options,!etc.!

1.15! Proceeds!from!sale!of!forfeited!shares!

1.16! Proceeds!from!borrowings!

1.17! Repayment!of!borrowings!

1.18! Dividends!paid!

1.19! Other!(provide!details!if!material)!

! Net(financing(cash(flows!

1,232!

1,934!

! (

Net(increase((decrease)(in(cash(held( (

1.20! Cash!at!beginning!of!quarter/year!to!date!

1.21! Exchange!rate!adjustments!to!item!1.20!

1.22! Cash(at(end(of(quarter!

!

644!

1,073! V!

!

(191)!

1,908! V!

! (

Net(increase((decrease)(in(cash(held( (

1.20! Cash!at!beginning!of!quarter/year!to!date!

1.21! Exchange!rate!adjustments!to!item!1.20!

1.22! Cash(at(end(of(quarter!

1,717!

1,717!

( Payments( to( directors( of( the( entity,( associates( of( the( directors,( related(entities(of(the(entity(and(associates(of(the(related(entities(


!
! Current!quarter!

$A'000!

!

1.23!

!

1.24!

!

1.25!

! Aggregate!amount!of!payments!to!the!parties!included!in!item!1.2!

! Aggregate!amount!of!loans!to!the!parties!included!in!item!1.10!

! Explanation!necessary!for!an!understanding!of!the!transactions!

!

79!

! V!

( NonJcash(financing(and(investing(activities(

!

2.1! Details!of!financing!and!investing!transactions!which!have!had!a!material!effect!on!

consolidated!assets!and!liabilities!but!did!not!involve!cash!flows!

! !

!

!

!

!

!

2.2! Details!of!outlays!made!by!other!entities!to!establish!or!increase!their!share!in!projects!in!

which!the!reporting!entity!has!an!interest!

! !

!

!

!

!

+!See!chapter!19!for!defined!terms.!

!

Appendix!5B!!Page!2! 01/05/2013!

Appendix(5B( Mining(exploration(entity(and(oil(and(gas(exploration(entity(quarterly(report(

!

( Financing(facilities(available(

Add%notes%as%necessary%for%an%understanding%of%the%position.%

!
! !

3.1! Loan!facilities!

!

3.2! Credit!standby!arrangements!

!

( Estimated(cash(outflows(for(next(quarter(

!

! !

4.1! Exploration!and!evaluation!

!

4.2! Development!

!

4.3! Production!

!

4.4! Administration!

!

( Reconciliation(of(cash(

! Reconciliation!of!cash!at!the!end!of!the!quarter!(as! shown!in!the!consolidated!statement!of!cash!flows)! to!the!related!items!in!the!accounts!is!as!follows.!
!

!

+!See!chapter!19!for!defined!terms.!

!

01/05/2013!Appendix!5B!!Page!3!

!

Appendix(5B( Mining(exploration(entity(and(oil(and(gas(exploration(entity(quarterly(report(

(

!

Changes(in(interests(in(mining(tenements(and(petroleum(tenements(

!

! !

6.1! Interests!in!mining! tenements!and! petroleum!tenements! relinquished,!reduced! or!lapsed!

!

!

6.2! Interests!in!mining! tenements!and! petroleum!tenements! acquired!or!increased!

!

!

(

! !

!

+!See!chapter!19!for!defined!terms.!

!

Appendix!5B!!Page!4! 01/05/2013!

Appendix(5B( Mining(exploration(entity(and(oil(and(gas(exploration(entity(quarterly(report(

!

( Issued(and(quoted(securities(at(end(of(current(quarter(

Description%includes%rate%of%interest%and%any%redemption%or%conversion%rights%together%with%prices%and%dates.%

%

(

7.5! +Convertible( debt( securities( (description)!!

7.6! Changes!during! quarter! (a)!!Increases! through!issues! (b)!!Decreases! through! securities! matured,! converted!

!

+!See!chapter!19!for!defined!terms.!

!

01/05/2013!Appendix!5B!!Page!5!

!

Appendix(5B( Mining(exploration(entity(and(oil(and(gas(exploration(entity(quarterly(report(

(

!

! !

7.12! Unsecured( ! !

notes%(totals%

only)%

!

!
!

Compliance statement

!
1! This!statement!has!been!prepared!under!accounting!policies!which!comply!with! accounting!standards!as!defined!in!the!Corporations!Act!or!other!standards! acceptable!to!ASX!(see!note!5).!
!
2! This!statement!does!/does!not*!(delete%one)%give!a!true!and!fair!view!of!the!
matters!disclosed.!
!
!
!
Sign!here:!! ! Date:!!29!April!2014! (Company!secretary)!
!
!
!
Print!name:!! SIMON!ROBERTSON!

% %

!

+!See!chapter!19!for!defined!terms.!

!

Appendix!5B!!Page!6! 01/05/2013!

Appendix(5B( Mining(exploration(entity(and(oil(and(gas(exploration(entity(quarterly(report(

!

( Notes

!
1! The!quarterly!report!provides!a!basis!for!informing!the!market!how!the!entity's! activities!have!been!financed!for!the!past!quarter!and!the!effect!on!its!cash! position.!!An!entity!wanting!to!disclose!additional!information!is!encouraged!to! do!so,!in!a!note!or!notes!attached!to!this!report.!
!
2! The!"Nature!of!interest"!(items!6.1!and!6.2)!includes!options!in!respect!of! interests!in!mining!tenements!and!petroleum!tenements!acquired,!exercised!or! lapsed!during!the!reporting!period.!!If!the!entity!is!involved!in!a!joint!venture! agreement!and!there!are!conditions!precedent!which!will!change!its!percentage! interest!in!a!mining!tenement!or!petroleum!tenement,!it!should!disclose!the! change!of!percentage!interest!and!conditions!precedent!in!the!list!required!for! items!6.1!and!6.2.!
!
3! Issued(and(quoted(securities!!The!issue!price!and!amount!paid!up!is!not!
required!in!items!7.1!and!7.3!for!fully!paid!securities.%
!
4! The!definitions!in,!and!provisions!of,!AASB%6:%Exploration%for%and%Evaluation%of% Mineral%Resources%and%AASB%107:%Statement%of%Cash%Flows!apply!to!this!report.!

(

5! Accounting(Standards!ASX!will!accept,!for!example,!the!use!of!International!
Financial!Reporting!Standards!for!foreign!entities.!!If!the!standards!used!do!not! address!a!topic,!the!Australian!standard!on!that!topic!(if!any)!must!be!complied! with.!
!

==!==!==!==!==!

!

+!See!chapter!19!for!defined!terms.!

!

01/05/2013!Appendix!5B!!Page!7!

!

distributed by