Ann: Appendix 4C September Quarter , page-3

Net cash from customers (1.1 Receipts less 1.2 (d)Other Working Capital)

12 months to end Sept 07: - 9.68m
12 months to end Sept 08: - 2.11m
12 months to end Sept 09: - 0.59m
still negative

Net Operating cash Flow
12 months to end Sept 07: - 15.7m
12 months to end Sept 08: - 8.65m
12 months to end Sept 09: - 8.14m
all negative.

Only four of the last 12 quarters have generated more cash from customers than we spent on "other working capital" (presumably cost of sales / electricity costs) - Mar 09 and Mar, Jun Sept 08.

Can't see an explanation in the material.

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