2017-11-13 General Committee Agenda

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Noosa Council                                                                        ATTACHMENT 3
Statement of Cash Flows
For the Year Ended 30 June 2018
As at 31 October 2017                                                          Actual              Actual
                                                                                   YTD          Full Year
                                                                                  2018               2017
                                                                                ($'000)            ($'000)

Cash flows from operating activities

      Cash Flows from Operating Activities

      Receipts from Customers                                                   39,573             81,498
      Payments to Suppliers and Employees                                       (21,904)          (67,789)
                                                                                17,669             13,709
      Receipts:
      Investment and Interest Revenue Received                                    1,330             4 831
      Rental Income                                                                524              1,337
      Non Capital Grants and Contributions                                       2,174              6,287
      Income Tax Equivalent Received                                               400              1,456
      Income from Equity Investments                                               925              1,568
      Payments:
      Borrowing Costs                                                                 -                 -
      Interest Expense                                                              (90)             (122)

      Net Cash Inflow/(Outflow) from Operating Activities                       22,932             29,066

Cash Flows from Investing Activities

      Receipts:
      Proceeds of Sale of Property, Plant and Equipment                               -               259
      Grants, Subsidies, Contributions and Donations                               750              6,314
      Payments:
      Payments of Property, Plant and Equipment                                 (11,777)          (19,317)
      Payments for Intangible Assets                                              (670)            (1,176)

      Net Cash Inflow/(Outflow) from Investing Activities                       (11,697)          (13,920)

Cash Flows from Financing Activities

      Receipts:
      Proceeds from Borrowings                                                        -             2,697
      Payments:
      Repayment of Borrowings                                                    (2,569)           (4,966)

      Net Cash Inflow/(Outflow) from Financing Activities                        (2,569)           (2,269)

      Net Increase/(Decrease) in Cash and Cash Equivalents held                  8,666             12,877

      Cash and Cash Equivalents at the beginning of the financial year          68,835             55,958

      Cash and Cash Equivalents at the end of the financial year                77,501             68,835

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