2015-06-29 Special Meeting Agenda

Noosa Shire Council
2015/16 Budget Statements
For the period ending 30 June
Annual Result                                           Budget                                                           Forecast
                                                         2016        2017         2018         2019         2020         2021         2022         2023         2024         2025
Statement of Cash Flows                                 $,000        $,000        $,000        $,000        $,000        $,000        $,000        $,000        $,000        $,000
Cash flows from operating activities

  Receipts from customers                                 72,826      75,111       77,107       79,392       81,500       83,863       86,086       88,630       90,976       93,587
  Payments to suppliers and employees                   (66,913)     (68,652)     (70,385)     (72,355)     (74,182)     (77,078)     (79,099)     (81,309)     (83,362)     (85,662)
  Dividend received                                        3,014       3,089        3,167        3,246        3,327        3,410        3,495        3,583        3,672        3,764
  Interest received                                        4,568       4,502        4,689        4,881        4,947        5,219        5,342        5,487        5,625        5,743
  Rental income                                            1,170       1,201        1,231        1,262        1,294        1,325        1,359        1,393        1,428        1,463
  Non-capital grants and contributions                     5,374       5,404        5,468        5,537        5,607        5,673        5,743        5,813        5,884        5,952
  Borrowing costs                                        (2,303)      (2,180)      (2,002)      (1,812)      (1,615)      (1,397)      (1,169)       (926)        (670)        (395)
  Other cash flows from operating activities                (11)         (11)         (11)         (11)         (11)         (12)         (12)         (12)         (12)         (12)

  Net cash inflow from operating activities               17,725      18,463       19,264       20,138       20,866       21,004       21,747       22,657       23,541       24,440

Cash flows from investing activities

  Payments for property, plant and equipment            (22,709)     (19,573)     (21,939)     (22,264)       2249-      (22,741)     (23,166)     (23,941)     (25,491)     (26,216)
  Payments for intangible assets                           (595)       (794)        (374)              -            -       (650)       (350)        (350)        (300)        (350)
  Proceeds from sale of property, plant and equipment            -           -            -            -            -            -            -            -            -            -
  Grants, subsidies, contributions and donations           3,678       3,130        4,580        4,035        6,500        6,500        6,500        6,500        6,500        6,500
  Other cash flows from investing activities               (702)             20           21           21           22           22           23           23           24           24

  Net cash inflow from investing activities             (20,328)     (17,217)     (17,712)     (18,208)     (15,973)     (16,869)     (16,993)     (17,768)     (19,267)     (20,042)

Cash flows from financing activities

  Proceeds from borrowings                                 1,360             -            -            -            -            -            -            -            -            -
  Repayment of borrowings                                (2,638)      (2,855)      (3,033)      (3,222)      (3,420)      (3,638)      (3,866)      (4,108)      (4,364)      (4,640)

  Net cash inflow from financing activities              (1,278)      (2,855)      (3,033)      (3,222)      (3,420)      (3,638)      (3,866)      (4,108)      (4,364)      (4,640)

Total cash flows

Net increase in cash and cash equivalent held            (3,882)      (1,608)      (1,481)      (1,292)       1,473          498          888          782          (90)       (241)

Opening cash and cash equivalents                         38,160      34,278       32,670       31,189       29,897       31,370       31,868       32,756       33,538       33,448

Closing cash and cash equivalents                         34,278      32,670       31,189       29,897       31,370       31,868       32,756       33,538       33,448       33,207