2017-07-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA     17 JULY 2017


                                   ATTACHMENT 3




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GENERAL COMMITTEE MEETING AGENDA                                                          17 JULY 2017

                                                                                          ATTACHMENT 3

Noosa Council
Statement of Cash Flows
Interim Position For the Year Ended 30 June 2017
As at 30 June 2017
                                                                                   Actual               Actual
                                                                                      2017                2016
                                                                                     $'000               $'000
Cash flows from operating activities

      Cash Flows from Operating Activities

      Receipts from Customers                                                       76,899              81,274
      Payments to Suppliers and Employees                                          (68,287)            (68,477)
                                                                                     8,612              12,797
     Receipts:                                                                           -
      Investment and Interest Revenue Received                                       4,832               4,908
      Rental Income                                                                  1,392               1,227
      Non Capital Grants and Contributions                                           6,346               5,205
      Income Tax Equivalent Received                                                 1,490               1,144
      Income from Equity Investments                                                 1,652               1,864
      Payments:
      Interest Expense                                                                (270)               (955)

      Net Cash Inflow/(Outflow) from Operating Activities                           24,053              26,190

      Cash Flows from Investing Activities
      Receipts:
      Proceeds of Sale of Property, Plant and Equipment                                259                 452
      Grants, Subsidies, Contributions and Donations                                11,208               7,696
      Payments:
      Payments of Property, Plant and Equipment                                    (21,905)            (28,858)
      Payments for Intangible Assets                                                (1,171)               (202)

      Net Cash Inflow/(Outflow) from Investing Activities                          (11,608)            (20,912)

      Cash Flows from Financing Activities
      Receipts:
      Proceeds from Borrowings                                                       2,697               1,360
      Payments:
      Repayment of Borrowings                                                       (2,270)             (4,943)

      Net Cash Inflow/(Outflow) from Financing Activities                              427              (3,583)

      Net Increase/(Decrease) in Cash and Cash Equivalents held                     12,871               1,695

      Cash and Cash Equivalents at the beginning of the financial year              52,586              50,891

      Cash and Cash Equivalents at the end of the financial year                    65,457              52,586

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