Full Press Release Details
on the Basis of Commitments
the basis of commitments
31/3/2000. Amended 30/9/2001
| Name of Entity: |
| PRANA BIOTECHNOLOGY LIMITED |
| ABN: | Quarter Ended ('Current Quarter') | |
| 37 080 699 065 | 30 th June, 2007 |
Statement of Cash Flows
| Cash Flows Related to Operating Activities | Current Quarter $A'000 | Year to Date (12 months) $A'000 | |
| 1.1 | Receipts from customers | - | - |
| 1.2 | Payments for (a) staff costs (b) advertising and marketing (c) research and development (d) leased assets (e) other working capital | (466) (15) (1,172) - (444) | (1,865) (81) (5,625) - (2,155) |
| 1.3 | Dividends received | - | - |
| 1.4 | Interest and other items of a similar nature received | 136 | 526 |
| 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 | (1,961) | (9,200) |
on the Basis of Commitments
| Current Quarter $A'000 | Year to Date (12 months) $A'000 | ||
| 1.8 | Net Operating Cash Flows (carried forward) | (1,961) | (9,200) |
| Cash Flows Related to Investing Activities | - | - | |
| 1.9 | Payment for acquisition of: (a) businesses (item 5) (b) equity investments (c) intellectual property (d) physical non-current assets (e) other non-current assets | - - - (4) | - - - (4) |
| 1.10 | Proceeds from disposal of: (a) businesses (item 5) (b) equity investments (c) intellectual property (d) physical non-current assets (e) other non-current assets | - - - - - | - - - - - |
| 1.11 | Loans to other entities | - | - |
| 1.12 | Loans repaid by other entities | - | - |
| 1.13 | Other (provide details if material) | - | - |
| Net Investing Cash Flows | (4) | (4) | |
| 1.14 | Total Operating and Investing Cash Flows | (1,965) | (9,204) |
| Cash Flows Related to Financing Activities | |||
| 1.15 | Proceeds from issues of shares, options, etc. | - | 7,783 |
| 1.16 | Proceeds from sale of forfeited shares | - | - |
| 1.17 | Proceeds from borrowings | - | - |
| 1.18 | Repayment of borrowings | - | - |
| 1.19 | Dividends paid | - | - |
| 1.20 | Other (Capital Raising Costs) | (32) | (409) |
| Net Financing Cash Flows | (32) | 7,374 | |
| Net Increase / (Decrease) in Cash Held | (1,997) | (1,830) | |
| 1.21 | Cash at beginning of quarter/year to date | 9,522 | 10,014 |
| 1.22 | Exchange rate adjustments to item 1.20 | (116) | (775) |
| 1.23 | Cash at End of Quarter | 7,409 | 7,409 |
on the Basis of Commitments
to Directors of the Entity and Associates of the Directors
to Related Entities of the Entity and Associates of the Related
| Current Quarter $A'000 | ||
| 1.24 | Aggregate amount of payments to the parties included in item 1.2 | 177 |
| 1.25 | Aggregate amount of loans to the parties included in item 1.11 | - |
| 1.26 | Explanation necessary for an understanding of the transactions | |
| Salaries, directors' fees and consulting fees at normal commercial rates |
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 |
| During the period 481,250 shares & 455,000 options were issued to consultants in lieu of services rendered. |
| 2.2 | Details of outlays made by other entities to establish or increase their share in businesses in which the reporting entity has an interest |
| - |
Facilities Available
notes as necessary for an understanding of the position. (See AASB 1026
| Amount Available $A'000 | Amount Used $A'000 | ||
| 3.1 | Loan facilities | - | - |
| 3.2 | Credit standby arrangements | - | - |
on the Basis of Commitments
| 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. | Current Quarter $A'000 | Previous Quarter $A'000 | |
| 4.1 | Cash on hand and at bank | 456 | 588 |
| 4.2 | Deposits at call | 6,953 | 8,934 |
| 4.3 | Bank overdraft | - | - |
| 4.4 | Other (provide details) | - | - |
| Total: Cash at End of Quarter (item 1.22) | 7,409 | 9,522 |
and Disposals of Business Entities
| Acquisitions (Item 1.9(a)) | Disposals (Item 1.10(a)) | ||
| 5.1 | Name of entity | - | - |
| 5.2 | Place of incorporation or registration | - | - |
| 5.3 | Consideration for acquisition or disposal | - | - |
| 5.4 | Total net assets | - | - |
| 5.5 | Nature of business | - | - |
on the Basis of Commitments