CONSOLIDATED CASHFLOW STATEMENT

for the year ended 31 December 2007

	Year ended	Year ended
	31 December	31 December
	2007	2006
	US$000	US$000
Cash flows from operating activities
Loss for the year	(14,336)	(13,664)
Adjustments for:
Depreciation	1,564	1,240
Profit on disposal of property, plant and equipment	(11)	(23)
Amortisation	311	307
Employee share incentive expense	274	-
Foreign exchange (profit) loss	(17)	136
Finance expense	501	6,713
Finance income	(467)	(225)
Taxation	(2,688)	(1,584)
Operating loss before changes in working capital and provisions	(14,869)	(7,100)

Decrease / (increase) in trade and other receivables	868	(2,522)
Increase in inventories	(217)	(247)
Increase in trade and other payables	767	6,710
Increase in provisions	14	60
Net cash outflow from operating activities	(13,437)	(3,099)

Cash flows from investing activities
Interest received	467	225
Proceeds from sale of property, plant and equipment	14	243
Acquisition of property, plant and equipment	(3,364)	(5,437)
Acquisition of intangible licence rights	-	(53)
Net cash outflow from investing activities	(2,883)	(5,022)

Cash flow from financing activities
Proceeds from issue of new shares	15,643	-
Share issue expenses	(4,481)	-
Proceeds from new loans	-	16,305
Repayments of borrowings	-	(1,000)
Net cash inflow from financing activities	11,162	15,305

Net (decrease) increase in cash and cash equivalents	(5,158)	7,184
Cash and cash equivalents at beginning of year	7,303	119
Cash and cash equivalents at end of year	2,145	7,303