2017-12-12 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                                         12 DECEMBER 2017


Financial Sustainability

Tourism Noosa remains sustainable with small annual operating surpluses for all three years, a
working capital ratio consistent with the industry benchmark of 1.4 times, and sufficient cash
reserves to mitigate any unexpected shocks.

Operating Surpluses ($’000)
  $50
  $45
  $40
  $35
  $30
  $25
  $20
  $15
  $10
   $5
  $-
                    2015                       2016                       2017
                    Actual                     Actual                     Actual


Working Capital Ratio (Times)
  3.0



  2.0



  1.0



    -
                   2015                       2016                       2017
                   Actual                     Actual                     Actual

               Working Capital Ratio                Working Capital Benchmark

Note: The working capital ratio is calculated by dividing total current assets by current liabilities


Free Cash Holdings ($’000)
  $300

  $290

  $280

  $270

  $260

  $250

  $240

  $230
                     2015                       2016                      2017
                     Actual                     Actual                    Actual
Note: Free cash reflects available cash at bank less current liabilities owing to suppliers and employee provisions payable




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