2018-07-16 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   16 JULY 2018




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GENERAL COMMITTEE MEETING AGENDA                                                                               16 JULY 2018

   Noosa Council
  Statement of Cash Flows
  For the Year Ended 30 June 2018
  As at 30 June 2018
                                                                           Current Budget      Actual (Interim)           Actual
                                                                                      2018                 2018             2017
                                                                                    ($'000)              ($'000)          ($'000)

  Cash flows from operating activities

        Cash Flows from Operating Activities

        Receipts from Customers                                                      80,155              84,501           81,498
        Payments to Suppliers and Employees                                         (79,590)            (77,571)         (67,789)
                                                                                       565                6,930           13,709
        Receipts:
        Investment and Interest Revenue Received                                      4,588               4,741            4,831
        Rental Income                                                                 1,332               1,358            1,337
        Non Capital Grants and Contributions                                          4,868               6,033            6,287
        Income Tax Equivalent Received                                                1,200               1,200            1,456
        Income from Equity Investments                                                1,860               1,860            1,568
        Payments:
        Borrowing Costs                                                                   -                    -               -
        Interest Expense                                                                (11)               (142)            (122)

        Net Cash Inflow/(Outflow) from Operating Activities                          14,402              21,980           29,066

  Cash Flows from Investing Activities

        Receipts:
        Proceeds of Sale of Property, Plant and Equipment                                10                 154              259
        Grants, Subsidies, Contributions and Donations                                6,242               7,351            6,314
        Payments:
        Payments of Property, Plant and Equipment                                   (28,748)            (24,881)         (19,317)
        Payments for Intangible Assets                                               (2,191)             (1,839)          (1,176)

        Net Cash Inflow/(Outflow) from Investing Activities                         (24,687)            (19,215)         (13,920)

  Cash Flows from Financing Activities

        Receipts:
        Proceeds from Borrowings                                                      1,225               1,165            2,697
        Payments:
        Repayment of Borrowings                                                      (5,167)             (5,164)          (4,966)

        Net Cash Inflow/(Outflow) from Financing Activities                          (3,942)             (3,999)          (2,269)

        Net Increase/(Decrease) in Cash and Cash Equivalents held                   (14,227)             (1,234)          12,877

        Cash and Cash Equivalents at the beginning of the reporting period           65,463              65,463           52,586

        Cash and Cash Equivalents at the end of the reporting period                 51,236              64,229           65,463

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