2017-08-17 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA   17 AUGUST 2017




                            Page 44 of 89

Noosa Shire Council
2017/18 Budget Statements
For the period ending 30 June
                                                      Original         Proposed
                                                       Budget           Revised
Annual Result                                                           Budget
                                                        rat)             2018            2019           2020           2021            2022           2023           2024           2025           2026            2027
Statement of Cash Flows                                 Emel ele)        $,000           $,000          $,000          $,000          $,000           $,000          $,000          $,000          $,000          $,000
Cash flows from operating activities              Po
   Receipts from customers                          $       78,186 | $      78,186 | $     80,447   $     82,855   $      85,265  §$     87,919   $     90,644   $     93,480   $     96,326   $      99,341  §$    102,423
   Payments to suppliers and employees             (S      71,098) |($     71,324) |($     73,006) ($     74,992) ($     77,193) ($     79,462) ($     82,047) ($     84,745) ($      87,476) ($     90,328) ($     93,247)
   Dividend received                                $        3,060 | $       3,060 | $      3,137   $       3,215  $       3,295  $       3,378  §$      3,462   $      3,549   $       3,637  §       3,728  $       3,822
   Interest received                                $        4,390] $        4,390 | $      4452    $       4,624  $       4,830  $       4,892   $      5,173   §$     5,255   $       5,346  $       5,358  $$      5,513
   Rental income                                    $        1,320] $        1,320 | $       1,353  $       1,387  $       1,421  §$      1,457   $      1,493   $       1,531  $       1,568  $       1,608  $       1,648
   Non-capital grants and contributions             $        5,054] $        5,054]  $      5,064   $       5,066  $       5,064  $       5,066   $      5,067   $      5,069   $       5,068  $       5,070  $       5,071
   Borrowing costs                                 S        2,127) |($      2,127) |($      1,978) ($      1,965) ($      1,771) ($      1,633) ($       1,376) ($      1,112) ($        866) (S        562) ($        450)
   Other cash flows from operating activities      (S          11) 1(S          11) (S         11)            11) ($         12)            12) ($          12) ($         12) ($         12) ($         12) ($         12)
   Net cash flow from operating activities          $       18,775 | $      18,548 | $     19,456   $     20,179   $      20,900  $      21,605   $     22,403   $     23,015   $     23,592   $      24,203  $      24,768
Cash flows from investing activities
   Payments for property, plant and equipment      (S      22,340) |($     28,905) |($     26,217) ($     20,832) ($     24,322) (S     19,819) ($     21,662) ($     22,912) ($      24,662) ($     24,912) (S     24,662)
   Payments for intangible assets                  (S       1,716) |($      2,085) |($      1,527) ($        250) ($        150) ($        150) ($        250) ($        250) ($         250) ($        250) ($        250)
   Grants, subsidies, contributions and donations   $        4,464] $        6,186 | $      3,343   $       2,379  $       2,976  $       3,735   $      3,010   $      3,050   $       3,010  $       3,300  $       3,260
   Other cash flows from investing activities       $           10] $           10/$            10  $          10  $          10  §$         11.  $         11.  §$         11  $          12  $          12  §$         12
   Net cash flow from investing activities         ($      19,581) |($     24,793) |($     24,391) ($     18,693) ($     21,486) ($     16,224) ($     18,890) ($     20,100) ($      21,889) ($     21,849) ($     21,639)
Cash flows from financing activities
   Proceeds from borrowings                         $        1,225] $        1,225   1$     5,517   $       1,000  $       3,000  $         -     $        150   $       1,400  $         150  $       1,400  §$      1,150
   Repayment of borrowings                         ($       3,042) |($       3,042) |($     3,273) ($      3,670) ($      3,933) (S      4,279) ($      4,535) ($       4,810) ($      5,153) ($      5,438) ($      1,081)
   Net cash flow from financing activities         ($       1,817) |($       1,817) | $     2,244 ($       2,670) ($        933) ($      4,279) ($      4,385) ($       3,410) ($      5,003) ($      4,038)  $          69
Total cash flows
Net change in cash and cash equivalent held      ($2,624) [($               8,063) [($      2,691) ($      1,184) ($      1,518)  $       1,103 ($        872) ($        495) ($       3,300) ($      1,685)  $       3,198
Opening cash and cash equivalents                                                    $     38,516   $     35,826   $      34,642  ¢$     33,123   $     34,226   $     33,355   $     32,860   $      29,560  $¢$    27,875
Closing cash and cash equivalents                  [$43,955 | $             38,516 | $     35,826   $     34,642   $      33,123  $      34,226   $     33,355   §$    32,860   $     29,560   $      27,875  $      31,073

                                                                                                                         Page 44 of 89