Ann: Ceasing to be a substantial holder , page-9

ltv...

Basic over view in AGM presso.

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"Project Funding"
The capital expansion project delivers increasing
production capacity in stages during the 4 year time
frame matching the expected customer demand
• $12.4 million total capital expansion project
budget.
• $8.6 million spend to date funded by:
– $5.5 million increase in Debt
• ANZ facility
• Guaranteed by Woolworths
– $3.1 million self funded to date from positive
operating cash flow
• $3.8 million expected to continue to be funded
from positive cash flow in FY13 and FY14

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bsh