2021-04-12 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   12 APRIL 2021




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GENERAL COMMITTEE MEETING AGENDA                                                                     12 APRIL 2021

 Noosa Council                                                                                          ATTACHMENT 3
Statement of Cash Flows
For the Year Ended 30 June 2021
As at 31 March 2021
                                                                               Current              Actual               Actual
                                                                                Budget                 YTD             Full Year
                                                                                  2021                2021                 2020
                                                                                ($'000)             ($'000)              ($000)

Cash flows from operating activities

     Cash Flows from Operating Activities

      Receipts from Customers                                                   82,924              85,820               91,168
      Payments to Suppliers and Employees                                       (81,041)            (61,371)            (82,671)
                                                                                  1,883             24,448                8,498
      Receipts:
      Investment and Interest Revenue Received                                    3,470               1,728               3,937
      Rental Income                                                               1,194               1,079               1,003
      Non Capital Grants and Contributions                                        6,087               3,788               5,315
      Income Tax Equivalent Received                                              1,200               1,050               1,857
      Income from Equity Investments                                              1,850                865                1,396
      Payments:
      Borrowing Costs                                                                 -                   -                   -
      Interest Expense                                                           (1,092)               (109)               (143)

      Net Cash Inflow/(Outflow) from Operating Activities                       14,592              32,849               21,861

Cash Flows from Investing Activities

      Receipts:
      Proceeds of Sale of Property, Plant and Equipment                               -                217                  284
     Grants, Subsidies, Contributions and Donations                             13,162                8,908               8,640
      Payments:
      Payments of Property, Plant and Equipment                                 (31,529)            (13,501)            (24,208)
      Payments for Intangible Assets                                             (1,449)               (970)             (1,710)
      Net Movement in Loans and Advances                                              -                125                  125

      Net Cash Inflow/(Outflow) from Investing Activities                       (19,816)             (5,222)            (16,869)

Cash Flows from Financing Activities

      Receipts:
      Proceeds from Borrowings                                                    3,420                   -                   -
      Payments:
      Repayment of Borrowings                                                    (2,670)             (3,762)             (3,950)
      Net Cash Inflow/(Outflow) from Financing Activities                          750               (3,762)             (3,950)
      Net Increase/(Decrease) in Cash and Cash Equivalents held                  (4,474)            23,864                1,042

     Cash and Cash Equivalents at the beginning of the reporting period         57,024              57,023               55,981

     Cash and Cash Equivalents at the end of the reporting period               52,550              80,887               57,023

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