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Virotec Intl Ld (VTI)

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Wednesday 19 September, 2001

Virotec Intl Ld

Final Results - Amendment

Virotec International Ld
19 September 2001



The issuer has made the following amendments to the Final Results
announcement released 17th September 2001 at 7:00 under RNS No 9276J.

The announcement contains a number of changes to the Consolidated balance sheet 
between Section 4.1 and 5.6 that have been identified with an asterisk (*).

The full corrected version is shown below.
-------------------------------------------------------------------


                                                      Appendix 4B (rule 4.13(b))
                                            Half yearly/preliminary final report

                                                                  Rules 4.1, 4.3

                           Appendix 4B (rule 4.13(b))

                     Half yearly/preliminary final report

Introduced 1/7/2000.

Name of entity

VIROTEC INTERNATIONAL LTD

ACN, ARBN or ARSN        Preliminary     Half year/financial year ended (current
                         final (tick)    period)

004 801 398                              30 June 2001


For announcement to the market

Extracts from this report for announcement to the market (see note 1).    $A000


Revenues from ordinary 
 activities (item 1. 1)                    up                450% to       983

Profit (loss) from ordinary activities 
after tax (before amortisation of 
goodwill) attributable to members
(item 1.20)                                down              218% to     (5462)

Profit (loss) from ordinary activities 
after tax attributable to members 
(item 1.23)                                down              243% to     (5439)

Profit (loss) from extraordinary items 
after tax attributable to members 
(Item 2.5(d))                              gain (loss) of                  Nil

Net profit (loss) for the period 
attributable to members  (item 1.11)       down              243% to     (5439)


Dividends (distributions)                                                Franked
                                                               Amount     amount
                                                                  per        per
                                                             security   security

Final dividend (Preliminary final report only - item 15.4)       
Interim dividend (Half yearly report only - item 15.6)          Nil c      Nil c

Previous corresponding period (Preliminary final report 
 - item 153;
half yearly report - item 15.7)                                 Nil c      Nil c


+Record date for determining entitlements to the dividend,  N/a
(in the case of a trust, distribution) (see item 15.2)

Brief explanation of omission of directional and percentage changes to profit in
accordance with Note 1 and short details of any bonus or cash issue or other 
item(s) of importance not previously released to the market:

+ See chapter 19 for defined terms.


Consolidated profit and loss account

                                                                       Previous
                                                       Current    corresponding
                                                      period -         period -
                                                        $A'000           $A'000

1.1   Revenues from ordinary activities                    983              218
1.2   Expenses from ordinary activities (see 
       items 1.24 + 12.5 + 12.6)                         (6422)           (2411)
1.3   Borrowing costs                                        -                -
1.4   Share of net profit (loss) of associates 
       and joint venture entities (see item 16.7)            -                -

1.5   Profit (loss) from ordinary activities before 
       tax                                               (5439)           (2193)
1.6   Income tax on ordinary activities (see note 4)         -                -

1.7   Profit (loss) from ordinary activities 
       after tax                                         (5439)           (2193)
1.8   Profit (loss) from extraordinary items after 
       tax (see item 2.5)                                    -                -
                          
1.9   Net profit (loss)                                  (5439)           (2193)
1.10  Net profit (loss) attributable to outside 
       +equity interests                                     -                -

1.11  Net profit (loss) for the period attributable 
       to members                                        (5439)           (2193)

Consolidated retained profits

1.12  Retained profits (accumulated losses) at the
       beginning of the financial period                (41932)          (39739)
1.13  Net profit (loss) attributable to members
      (item 1.11)                                        (5439)           (2193)
1.14  Net transfers to and from reserves                     -                -
1.15  Net effect of changes in accounting policies           -                -
1.16  Dividends and other equity distributions paid
       or payable                                            -                -

1.17  Retained profits (accumulated losses) at end
       of financial period                              (47371)          (41932)

                                                                       Previous
                                                       Current    corresponding
Profit restated to exclude                              period           period
amortisation of goodwill                                $A'000           $A'000

1.18  Profit (loss) from ordinary activities 
       after tax before outside equity interests
       (items 1.7) and amortisation of goodwill         (5362)           (2193)
1.19  Less (plus) outside +equity interests
1.20  Profit (loss) from ordinary activities after 
       tax (before amortisation of goodwill) 
       attributable to members                          (5362)           (2193)

+See chapter 19 for defined terms.


Profit (loss) from ordinary activities attributable to members

                                                                       Previous
                                                       Current    corresponding
                                                        period           period
                                                        $A'000           $A'000

1.21  Profit (loss) from ordinary activities after
       tax (item 1.7)                                    (5439)           (2193)
1.22  Less (plus) outside +equity interests
1.23  Profit (loss) from ordinary activities after 
       tax, attributable to members                      (5439)           (2193)


Revenue and expenses from ordinary activities 
AASB 1004 requires disclosure of specific categories of revenue and AASB 1018 
requires disclosure of expenses from ordinary activities according to either 
their nature of function. Entities must report details of revenue and expenses 
from ordinary activities using the layout employed in their accounts. See also 
items 12.1 to 12.6.

                                                                       Previous
                                                       Current    corresponding
                                                        period           period
                                                        $A'000           $A'000

1.24  Details of revenue and expenses
      Revenues:
      Sales of goods from ordinary activities              254                - 
      Rendering of services from ordinary activities       556                5
      Interest received                                    173               62
      Revenue from outside ordinary activities               -              151
                                                           983              218

      Expenses:
      Cost of goods sold                                   275                -
      Cost attributable to services provided               431                -
      Interest paid or payable                               -               82
      Depreciation                                         128               80
      Amortisation                                          77                -
      Research and development written off                 921              647
      Mining interest expenses written off                 339               59
      Legal fees                                           428              134
      Directors renumeration*                             2125               76

      *$2million relates to the options issued 
      to directors issued in December 2000 being 
      costed at the economic cost to the company 
      at the time in accordance with Australian 
      accounting standards. No cash payment was 
      made.

+See chapter 19 for defined terms.



Intangible and extraordinary items

                                 Consolidated - current period

                    Before tax    Related tax   Related outside   Amount (after
                    $A'000        $A'000        +equity           tax) 
                                                interests         attributable
                                                $A'000            to members
                                                                  $A'000
                            (a)            (b)              (c)              (d)

2.1  Amortisation 
     of goodwill            77              -                -               77

2.2  Amortisation 
     of other                               
     intangibles                                                              -

2.3  Total 
     amortisation 
     of                         
     intangibles            77              -                -               77

2.4  Extraordinary 
     items (details)         -              -                -                -

2.5  Total 
     extraordinary 
     items                   -              -                -                -


Comparison of half year profits                            Current     Previous 
(Preliminary final report only)                             year -       year - 
                                                            $A'000       $A'000

3.1  Consolidated profit (loss) from ordinary 
     activities after tax attributable to 
     members reported for the 1st half year 
     (item 1.23 in the half yearly report)                  (3738)        (560)

3.2  Consolidated profit (loss) from ordinary 
     activities after tax attributable to 
     members for the 2nd half year                          (1701)       (1633)


+See chapter 19 for defined terms.


Consolidated balance sheet                                       As
                                                 At end       shown       As in
                                                     of     in last   last half
                                                current      annual      yearly
                                                 period      report      report
                                                 $A'000      $A'000      $A'000

     Current assets
4.1  Cash                                           577        3458        2050
4.2  Receivables                                    188           4         311
4.3  Investments                                      -           -           -
4.4  Inventories                                    114*         80          32
4.5  Other (prepayments)                            473           3         124

4.6  Total current assets                          1352        3545        2517

     Non-current assets
4.7  Receivables                                    554          70*          69
4.8  Investments (equity accounted)                   -           -           -
4.9  Other investments                                -           -           -
4.10 Inventories                                      -           -           -
4.11 Exploration and evaluation expenditure           
     capitalised (see para.71 of AASB 1022)           -           -           -
4.12 Development properties (*mining entities)        -           -           -
4.13 Other property, plant and equipment (net)     1077         315        1133
4.14 Intangibles (net)                              953           -        1004
4.15 Other                                            -           -           -

4.16 Total non-current assets                      2584         385        2206

4.17 Total assets                                  3936        3930*        4723

     Current liabilities
4.18 Payables                                       475         187         307
4.19 Interest bearing liabilities                     -           -           -
4.20 Provisions                                      81          59          63
4.21 Other                                            -           -           -
4.22 Total current liabilities                      556*         246         370

     Non-current liabilities
4.23 Payables                                         -           -           -
4.24 Interest bearing liabilities                     -           -           -
4.25 Provisions                                     610         510         510
4.26 Other (provide details if material)              -           -           -
4.27 Total non-current liabilities                  610         510         510
4.28 Total liabilities                             1166         756         880
4.29 Net assets                                    2770        3174        3843

+ See chapter 19 for defined terms.


Appendix 4B (rule 4.13(b))
Half yearly/preliminary final report

Consolidated balance sheet continued

     Equity
4.30 Capital/contributed equity                   48141*       45106       47514
4.31 Reserves                                      2000           -        2000
4.32 Retained profits (accumulated losses)       (47371)*     (41932)    (45671)
4.33 Equity attributable to members of the
     parent entity                                 2770        3174        3843
4.34 Outside +equity interests in controlled 
     entities                                         -           -           -
4.35 Total equity                                  2770        3174        3843
4.36 Preference capital included as part of 4.33


Exploration and evaluation expenditure capitalised 
To be completed only by entities with mining interests if amounts are material. 
Include all expenditure incurred regardless of whether written off directly 
against profit.

                                         Current period   Previous corresponding
                                                 $A'000         period - $A'000
5.1  Opening balance                                Nil                     Nil
5.2  Expenditure incurred during current period     339                      59
5.3  Expenditure written off during current period  339                      59
5.4  Acquisitions, disposals, revaluation 
     increments, etc.                                 -                       -
5.5  Expenditure transferred to Development 
     Properties                                       -                       -
5.6  Closing balance as shown in the consolidated   Nil                     Nil
     balance sheet (item 4.11)


Consolidated statement of cash flows

                                         Current period   Previous corresponding
                                                 $A'000         period - $A'000
     Cash flows related to operating activities
7.1 Receipts from customers                         655                       3
7.2 Payments to suppliers and employees           (4046)                  (1710)
7.3 Dividends received from associates                -                       -
7.4 Other dividends received                          -                       -
7.5 Interest and other items of 
    similar nature received                         173                      60
7.6 Interest and other costs of finance paid          -                     (82)
7.7 Income taxes paid                                 -                       -
7.8 Other (provide details if material)               -                       -
7.9 Net operating cash flows                      (3218)                  (1730)

     Cash flows related to investing activities
7.10 Payment for purchases of property, plant and (2085)                    (77)
     equipment
7.11 Proceeds from sale of property, plant 
     and equipment                                    -                      54
7.12 Payment for purchases of equity investments      -                       -
7.13 Proceeds from sale of equity investments         -                       -
7.14 Loans to other entitles                          -                       -
7.15 Loans repaid by other entities                   -                       -
7.16 Other (2001: security deposits)               (484)                     93
7.17 Net Investing cash flows                     (2569)                     70

     Cash flows related to financing activities
7.18 Proceeds from issues of +securities (shares, 
     options, etc.)                                2909                    3691
     
7.19 Proceeds from borrowings                         -                       -
7.20 Repayment of borrowings                          -                       -
7.21 Dividends paid                                   -                       -
7.22 Other (provide details if material)              -                       -
7.23 Net financing cash flows                      2909                    3691
7.24 Net increase (decrease) in cash held         (2880)                   2031
7.25 Cash at beginning of period                   3457                    1426
     (see Reconciliation of cash)
7.26 Exchange rate adjustments to item 7.25.          -                       -
7.27 Cash at end of period                          577                    3457
     (see Reconciliation of cash)

+ See chapter 19 for defined terms.

Non-cash financing and investing activities 
Details of financing and investing transactions which have had a material effect
on consolidated assets and liabilities but did not involve cash flows are as 
follows. If an amount is quantified, show comparative amount

Reconciliation of cash
Reconciliation of cash at the end of the period     Current period      Previous
(as shown in the consolidated statement             $A'000         corresponding
of cash flows) to the related                                    period - $A'000
items in the accounts is as follows.       

8.1  Cash on hand and at bank                       177                      26
8.2  Deposits at call                               400                    3431
8.3  Bank overdraft                                   -                       -
8.4  Other (provide details)                          -                       -
8.5  Total cash at end of period (item 7.27)        577                    3457


Ratios                                              Current period     Previous
                                                                  corresponding
                                                                         period
     Profit before tax/ revenue
9.1  Consolidated profit (loss) from ordinary
     activities                                    (553%)                (1006%)
     before tax (item 1.5) as a percentage of 
     revenue (item 1.1)

     Profit after tax/ +equity interests           (190%)                  (69%)
9.2  Consolidated net profit (loss) from ordinary 
     activities after tax attributable to members 
     (item 1.9) as a percentage of equity (similarly
     attributable) at the end of the period 
     (item 4.33)

 Earnings per security (EPS)                        Current period     Previous
                                                                  corresponding
                                                                         period

10.1 Calculation of the following in accordance with
     AASB 1027: Earnings per Share
     (a) Basic EPS                                   (5.0 cents)     (3.0 cents)
     (b) Diluted EPS (if materially different 
         from (a))                                          n/a             n/a
     (c) Weighted average number of ordinary shares
         outstanding during the period used in the  102,158,210      72,649,703
         calculation of the Basic EPS

 NTA backing                                     Current period        Previous 
                                                                  corresponding
 (see note 7)                                                            period
11.1 Net tangible asset backing per 
     +ordinary security                               1.7 cents       3.4 cents

+ See chapter 19 for defined terms


Details of specific receipts/outlays, revenues/ expenses

                                         Current period   Previous corresponding
                                                 $A'000         period - $A'000
12.1 Interest revenue included in 
     determining item 1.5                           173                      62
12.2 Interest revenue included in item 
     12.1 but not yet received (if material)          -                       -
12.3 Interest costs excluded from borrowing costs,
     capitalised in asset values                      -                       -
12.4 Outlays (except those arising from the 
     +acquisition of an existing business) 
     capitalised in intangibles (if material)         -                       -
12.5 Depreciation and amortisation
     (excluding amortisation of intangibles)        128                      80
12.6 Other specific relevant items
     not shown in item 1.24  (see note 15)            -                       -
   


+ See chapter 19 for defined terms.


Reports for Industry and geographical segments 
Information on the industry and geographical segments of the entity must be 
reported for the current period in accordance with AASB 1005: Financial 
Reporting by Segments. Because of the different structures employed by entities,
a pro forma is not provided. Segment Information should be completed separately 
and attached to this report. However, the following is the presentation adopted 
in the Appendices to AASB 1005 and indicates which amounts should agree with 
items included elsewhere in this report.

Segments
Operating Revenue
Sales to customers outside the economic entity               Refer to attachment
Inter-segment sales
Unallocated revenue

Total revenue

Segment result
Unallocated expenses

Consolidated profit (loss) from ordinary activities before tax (equal to item
1.5)

Segment assets                    ) Comparative data for segment assets should
Unallocated assets                ) be as at the end of the previous correspond-
Total assets (equal to item 4.17) ) ing period



+ See chapter 19 for defined terms.



                                                    Appendix 4B (rule 4.13(b))
                                          Half yearly/preliminary final report

Issued and quoted securities at end of current period
Description includes rate of interest and any redemption or conversion rights 
together with prices and dates.


                                                        Issue price   Am paid
Category of +securities   Total number  Number quoted   per security  up per
                                                        (cents)       security
                                                                      (cents)

18.1  Preference
      +securities         Nil

18.2  Changes during
      current period      N/a

18.3  +Ordinary
      securities          109,950,709   109,950,709     various       Fully paid

18.4  Changes during
      current period
      (a) Increases
          through issues   13,938,945                   20            All fully
                            2,700,000                   60            paid
                              250,000                   50
                                4,000                   30
                                1,250                   64

18.5  +Convertible debt
      securities           Nil

18.6  Changes during
      current period
      (b) Decreases through
          securities       5 Notes                      $100,000
                           converted                    per note
                           into 10
                           million
                           options

18.7  Options (description                              Exercise      Expiry
      and conversion                                    price         date
      factor)
                            4,372,456     4,372,456    30 cents      31/12/01
                           21,055,089                  20 cents      31/12/01
                           15,000,000                  20 cents      31/3/02
                            2,700,000                  $1.00         31/8/03
                              500,000                  $1.00         31/12/01
                              500,000                  $2.00         30/6/02
                              250,000                  $1.00         30/6/02
                            1,000,000                  75 cents      30/11/02
                              900,000                  $1.00         30/11/01
                           10,000,000                  20 cents      28/2/03
                              850,000                  56 cents      30/11/01

18.8  Issued during
      current period        5,000,000                  20 cents      31/3/02
                            2,700,000                  $1.00         31/8/03
                              500,000                  $1.00         31/12/01
                              500,000                  $2.00         30/6/02
                              250,000                  $1.00         30/6/02
                            1,000,000                  75 cents      30/11/02
                              900,000                  $1.00         30/11/01
                           10,000,000                  20 cents      28/2/03
                              850,000                  56 cents      30/11/01

18.9  Exercised during
      current period        3,238,945                  20 cents      31/12/01
                              700,000                  20 cents      30/11/01
                                4,000                  30 cents      31/12/01

18.10 Expired during
      current period       Nil

18.11 Debentures
      (totals only)        Nil

18.12 Unsecured notes
      (totals only)        Nil


Appendix 4B (rule 4.13(b))
Half yearly/preliminary final report

Comments by directors
Comments on the following matters are required by ASX or, in relation to the 
half yearly report, by AASB 1029: Half-Year Accounts and Consolidated Accounts. 
The  comments do  not  take  the  place  of  the directors' report and statement
(as required  by  the Corporations Law) and may be incorporated into the 
directors' report and  statement.  For  both  half  yearly and preliminary final
reports, if there are  no  comments  in  a section,  state NIL. If there is 
insufficient space to comment, attach notes  to this report.

Basis of accounts preparation
If  this  report  is  a  half yearly report, it is a general  purpose  financial
report prepared   in   accordance  with  the  listing  rules   and   AASB   
1029: Half-Year Accounts and Consolidated Accounts. It should be read in 
conjunction  with  the last  +annual  report and any announcements to the market
made  by  the  entity during the period. (Delete if preliminary final 
statement.)

Material factors affecting the revenues and expenses of the economic entity for
the current period

Virotec's  focus is the commercialisation of the Bauxsol(TM) technology. During 
the year  Virotec has continued to conduct research and development, maintained 
its mining assets and has acquired an environmental consultancy business.

As  noted in item 1.24, significant expenditure has been incurred in R&D, and in
legal  fees  relating to litigation matters previously disclosed to the  market,
ongoing intellectual property protection and other corporate matters. An  amount
of  $2,000,000  was  recorded as directors renumeration  in  the  December  half
relating  to  an  issue of options to directors in December  2000.  This  amount
represents  the  opportunity cost of the issue at the time  in  accordance  with
Australian accounting standards.

A description of each event since the end of the current period which has had a
material effect and is not related to matters already reported, with financial 
effect quantified (if possible)

In  July  2001, Virotec successfully raised $10.7 million in the United  Kingdom
by  the  issue  of  27,514,440 ordinary shares and  listed  on  the  Alternative
Investment Market of the London Stock Exchange ('AIM').

Franking credits available and prospects for paying fully or partly franked
dividends for at least the next year

N/a

Changes in accounting policies since the last annual report are disclosed as
follows.
(Disclose  changes  in the half yearly report in accordance with AASB  1029:  
Half-Year Accounts  and  Consolidated Accounts.
Disclose changes In the preliminary final  report in accordance with AASB 1001: 
Accounting Policies-Disclosure.)

None


Annual meeting
(Preliminary final report only)

The annual meeting will be held as follows:

Place                              Building 50B, Pinewood Drive, Sanctuary Cove

Date                               29 November 2001

Time                               10.30 am

Approximate  date the +annual 
report will be available           27 October 2001

Compliance statement

1  This report has been prepared under accounting policies which comply with
accounting standards as defined in the Corporations Law or other standards
acceptable to ASX (see note 12).

Identify other standards used

2   This report, and the +accounts upon which the report is based (if separate),
use the same accounting policies.

3   This report does give a true and fair view of the matters disclosed (see 
note 2).

+ See chapter 19 for defined terms.


4    This report is based on +accounts to which one of the following applies.

(Tick one)
    The +accounts have been audited.
 X  The +accounts are in the process of being audited or subject to review.
    The +accounts have been subject to review.
    The +accounts have not yet been audited or reviewed.

5   If the audit report or review by the auditor is not attached, details of any
qualifications are attached/will follow immediately they are available* (delete
one). (Half yearly report only - the audit report or review by the auditor must
be attached to this report if this report is to satisfy the requirements of the
Corporations Law.)

6   The entity has a formally constituted audit committee.

Sign here:   ..................................
             (Company Secretary)
Date:        13/09/01
Print name:  ANGUS CRAIG

Notes

1.  For announcement to the market The percentage changes referred to in this
    section are the percentage changes calculated by comparing the current      
    period's figures with those for the previous corresponding period. Do not   
    show percentage changes if the change is from profit to loss or loss to     
    profit, but still show whether the change was up or down. If changes in     
    accounting policies or procedures have had a material effect on reported    
    figures, do not show either directional or percentage changes in profits.   
    Explain the reason for the omissions in the note at the end of the          
    announcement section.

2.  True and fair view If this report does not give a true and fair view of a   
    matter (for  example,  because compliance with an Accounting Standard is    
    required)  the entity  must attach a note providing additional information  
    and explanations  to give a true and fair view.

3.  Consolidated profit and loss account

Item 1.1

The definition of 'revenue' and an explanation of 'ordinary activities' are set
out in AASB 1004: Revenue, and AASB 1018: Statement of financial performance.

Item 1.6

This item refers to the total tax attributable to the amount shown in item 1.5
Tax includes income tax and capital gains tax (if any) but excludes taxes
treated as expenses from ordinary activities (eg, fringe benefits tax).

4. Income tax If the amount provided for income tax in this report differs (or
would differ but for compensatory items) by more than 15 % from the amount of
income tax prima facie payable on the profit before tax, the entity must explain
in a note the major items responsible for the difference and their amounts.

+ See chapter 19 for defined terms.


5.  Consolidated balance sheet

    Format  The  format of the consolidated balance sheet should be followed  as
    closely  as  possible. However, additional items may  be  added  if  greater
    clarity of exposition will be achieved, provided the disclosure still  meets
    the   requirements  of  AASB  1029:  Half-Year  Accounts  and   Consolidated
    Accounts,   and  AASB  1040:  Statement  of  Financial  Position.   Banking
    institutions, trusts and financial institutions identified in an ASIC  Class
    Order  dated  2 September 1997 may substitute a clear liquidity ranking  for
    the Current/NonCurrent classification.

    Basis   of  revaluation  If  there  has  been  a  material  revaluation   of
    non-current  assets (including investments) since the last  +annual  report,
    the  entity  must describe the basis of revaluation adopted. The description
    must  meet the requirements of AASB 1010: Accounting for the Revaluation  of
    Non-Current  Assets.  If  the  entity has adopted  a  procedure  of  regular
    revaluation, the basis for which has been disclosed and has not changed,  no
    additional disclosure is required. Trusts should also note paragraph  10  of
    AASB  1029 and paragraph 11 of AASB 1030: Application of Accounting         
    Standards etc.

6.  Consolidated statement of cash flows For definitions of 'cash' and other
    terms used in this report see AASB 1026: Statement of Cash Flows. Entities  
    should follow the form as closely as possible, but variations are permitted 
    if the directors (in the case of a trust, the management company) believe   
    that this presentation is inappropriate. However, the presentation adopted  
    must meet the requirements of AASB 1026. +Mining exploration
    entities may use the form of cash flow statement in Appendix 5B.

7.  Net tangible asset backing Net tangible assets are determined by deducting
    from total tangible assets all claims on those assets ranking ahead of the  
    +ordinary securities (ie, all liabilities, preference shares, outside       
    +equity interests etc). +Mining entities are not  required to state a net   
    tangible asset backing per +ordinary security.

8.  Gain and loss of control over entities The gain or loss must be disclosed if
    it has a material effect on the *accounts. Details must include the         
    contribution for each gain or loss  that increased or decreased the entity's
    consolidated profit (loss) from ordinary activities and extraordinary items 
    after tax by more than 5% compared to the previous corresponding period.

9.  Rounding of figures This report anticipates that the information required is
    given to the nearest $1,000. However, an entity may report exact figures, if
    the $A'000 headings are  amended. If an entity qualifies under ASIC Class   
    Order 98/0100 dated 10 July 1998, it may report to the nearest million      
    dollars, or to the nearest $100,000, if the $A'000 headings are amended.

10. Comparative figures Comparative figures are the unadjusted figures from the
    previous corresponding period. However, if there is a lack of comparability,
    a note explaining the position should be attached.

+ See chapter 19 for defined terms.


11. Additional information An entity may disclose additional information about
    any matter, and must do so if the information is material to an             
    understanding of the reports.  The information may be an expansion of the   
    material contained in this report, or contained in a note attached to the   
    report. The requirement under the listing rules for an entity to complete   
    this report does not prevent the entity issuing reports more frequently.    
    Additional material lodged with the +ASIC under the Corporations Law must   
    also be given to ASX. For example, a directors' report and declaration, if  
    lodged with the +ASIC, must be given to ASX.

12. Accounting Standards ASX will accept, for example, the use of International
    Accounting Standards for foreign entities. If the standards used do not
    address a topic, the Australian standard on that topic (if one) must be     
    complied with.

13. Corporations Law financial statements As at 1/7/96, this report may be able
    to be used by an entity required to comply with the Corporations Law as part
    of its half-year financial statements if prepared in accordance with        
    Australian Accounting Standards.

14. Issued and quoted securities The issue price and amount paid up is not
    required in items 18.1 and 18.3 for fully paid securities.

15. Relevant Items AASB 1018 requires the separate disclosure of specific
    revenues and expenses which are not extraordinary but which are of a size,  
    nature or incidence that disclosure is relevant in explaining the financial 
    performance of the reporting entity. The term 'relevance' is defined in AASB
    1018. For foreign entities, there are similar requirements in other         
    accounting standards normally accepted by ASX.

16. $ Dollars If reporting is not in A$, all references to $A must be changed to
    the reporting currency. If reporting is not in thousands of dollars, all
    references to '000'  must be changed to the reporting value.

+ See chapter 19 for defined terms.


VIROTEC INTERNATIONAL LTD

Attachment To Appendix 4B

SEGMENT REPORTING
                  Environmental           Research &
                     Consulting  Mining   Development  Unallocated  Consolidated
                         $'000    $'000         $'000        $'000        $'000

Operating revenue          515      254             0          214          983
Segment result 
(profit/loss)              -10     -260          -921       -4,148       -5,339
Segment assets           1,981      472             0        1,483        3,936

There were no inter segment sales