2021-11-15 GC Agenda - Item 12 - Attachment 1 - Noosa Council Annual Report 2020-21

Noosa Council
Statement of Cash Flows
for the year ended 30 June 2021
§Statement§




$ '000                                                                                  Notes                 2021         2020


    Cash Flows from Operating Activities
    Payments to Suppliers and Employees                                                                    (85,962)     (83,749)
    Receipts from Customers                                                                                 95,823       91,168
                                                                                                             9,861        7,419

    Receipts
    Rental Income                                                                                            1,365        1,003
    Interest and investment revenue received                                                                 3,021        3,937
    Non Capital Grants and Contributions                                                                     6,225        5,315
    Income Tax Equivalent Received                                                                           1,936        1,857
    Income from Equity Investment                                                                            1,495        1,396
    Payments
    Borrowing Costs                                                                                          (133)         (143)
    Net Cash Inflows/(Outflows) from Operating Activities                                 26
                                                                                                          23,770        20,784
    Cash flows from investing activities
    Receipts
    Proceeds from Sale of Property, Plant and Equipment                                                        217          284
    Grants, Subsidies, Contributions and Donations                                                          13,678        8,640
    Payments
    Payments for Intangible Assets                                                                           (505)       (1,045)
    Payments for Property, Plant and Equipment                                                            (20,519)      (23,795)
    Net movement in Loans and Advances                                                                         125           125
    Net Cash Inflows/(Outflows) from Investing Activities                                                (7,004)      (15,791)
    Cash flows from financing activities
    Receipts
    Proceeds from borrowings                                                                                21,082             –
    Payments
    Repayment of Borrowings                                                                               (24,844)       (3,950)
    Net Cash Inflows/(Outflows) from Financing Activities                                                (3,762)       (3,950)
    Net Increase/(Decrease) in Cash and Cash Equivalents held                                             13,004         1,043

    Cash and Cash Equivalents at the beginning of the financial year                                        57,024       55,981


    Cash and Cash Equivalents at the end of the financial year                             9             70,028        57,024
The above statement should be read in conjunction with the accompanying notes and Significant Accounting Policies.




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