Anglo Pacific Group PLC
22 January 2001
ANGLO PACIFIC GROUP PLC
REPORT FOR THE QUARTER ENDED 31 DECEMBER 2000
REPORT FOR THE QUARTER ENDED 31 DECEMBER 2000
MAIN OPERATIONS
1. Gordon Resources - Coalmine Royalty Entitlements - Queensland
(a) Kestrel (Rio Tinto)
The royalty received for the quarter to 30th September 2000 was A$ 453,583
compared to A$ 374,709 for the previous quarter.
Since the company's financial year end we have been advised by RTZ of a
further royalty receivable from them of approx A$ 1.9million being an
adjustment for the 12 month period to 30th September 2000. As a result, the
company will then be in a position to eliminate all of its current
borrowings.
(b) Crinum (Broken Hill Proprietary).
The royalty received from the Crinum coalmine, for the quarter to 30th
September 2000 was A$ 1,226,989 compared to A$ 798,301 for the previous
quarter.
2. Minerals - Scotland
Operations continue at the Group's Marble and Talc businesses with minimal
capital expenditure.
For further information please contact:
Peter Boycott Anglo Pacific Group Plc 01259 754700
Jonathan Rooper Cardew & Co. 020 7930 0777
ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 31 DECEMBER 2000
CURRENT QUARTER YEAR TO DATE
(12 Months)
£'00m £'00m
CASHFLOWS RELATED TO OPERATING
ACTIVITIES
Receipts from product sales and related
debtors 0.1 2.8
Payments for:
exploration and evaluation - -
Development - -
production (0.1) (2.7)
administration (0.2) (0.9)
Dividends received - -
Interest and other items of a similar
nature received - -
Interest and other costs of finance paid - (0.3)
Income taxes paid (0.2) (0.4)
Other - Royalties received 0.7 1.7
NET OPERATING CASHFLOWS 0.3 0.2
CASHFLOWS RELATING TO INVESTING
ACTIVITIES
Payment for equity investments - -
Payment for purchases of other fixed
assets - (1.4)
Proceeds from sale of equity investments 0.3 5.0
NET INVESTING CASHFLOWS 0.3 3.6
CASHFLOWS RELATED TO FINANCING
ACTIVITIES
Cash proceeds share issue - -
Proceeds from borrowings - 1.5
Repayment of borrowings (0.7) (4.4)
Dividends paid - -
NET FINANCING CASHFLOWS (0.7) (2.9)
NET (DECREASE)/INCREASE IN CASH HELD (0.1) 0.9
Cash at beginning of quarter/year 0.3 (0.7)
Exchange rate adjustments - -
CASH AT END OF QUARTER/PERIOD 0.2 0.2
ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 31 DECEMBER 2000
Amount Available Amount Used
£'000 £'000
FINANCING FACILITIES
AVAILABLE
Barclays Bank PLC -
overdraft facility 50 Nil
Barclays Bank PLC - Loan
facility 1,500 850
ESTIMATED CASH OUTFLOWS FOR £ m
NEXT QUARTER
Exploration and evaluation Nil
Development Nil
RECONCILIATION OF CASH Current Quarter Previous Quarter
£'000 £'000
Cash on hand and at bank 2 92
Deposits on call 188 201
Bank overdraft - -
Total cash at end of
quarter 190 293
Bank Loan at end of quarter (850) (1,500)
ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER
Categories of Number Number Par Paid-up
Securities Issued Quoted Value Value
Ordinary Shares 86.96 86.96 10p 10p
million million
Number Exercise Expiry Date
Price
Options 4,000,000 18p 11/12/04
100,000 18p 4/02/09
390,000 18p 3/06/09
1,300,000 23.5P 13/10/06
400,000 25p 24/02/07
33,000 25p 8/03/10
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