2018-12-11 S&O Agenda - Attachment 1 to Item 20 - Tourism Noosa Annual Report 2017-2018

TOURISM NOOSA LTD
                                           ABN: 45 097 924 199
                     STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2018

                                                                     Note        2018            2017
                                                                                   $               $
CASH FLOW FROM OPERATING ACTIVITIES
Commonwealth, State and Local Government grants                                   2,520,000      2,495,011
Receipts from other income                                                         885,551         808,987
Payments to suppliers and employees                                              (3,328,048)     (3,351,136)
Interest received                                                                   18,415          16,416
Dividends received                                                                     -               -
Interest paid                                                                          -               -
Net cash generated from operating activities                                        95,918         (30,722)
CASH FLOW FROM INVESTING ACTIVITIES
Proceeds from sale of property, plant and equipment                                    -               -
Loss on Disposal of Assets                                                             -               -
Payment for property, plant and equipment                                           (36,168)       (68,519)
Net cash used in investing activities                                               (36,168)       (68,519)
CASH FLOW FROM FINANCING ACTIVITIES
Net cash used in financing activities                                                  -               -

Net increase/(decrease) in cash held                                                59,750         (99,241)
Cash and cash equivalents at the beginning of the financial year                   790,228         889,469
Cash and cash equivalents at the end of the financial year            4            849,978         790,228
The accompanying notes form part of these financial statements.