2017-09-18 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   18 SEPTEMBER 2017


                                      ATTACHMENT 3




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GENERAL COMMITTEE MEETING AGENDA                                                 18 SEPTEMBER 2017

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

 Cash flows from operating activities

      Cash Flows from Operating Activities

      Receipts from customers                                                    35,927            79,270
      Payments to suppliers and employees                                       (16,147)          (66,156)
                                                                                 19,780            13,114
      Receipts:
      Investment and interest revenue received                                      323             4,908
      Rental income                                                                 260             1,227
      Non capital grants and contributions                                        1,126             5,206
      Income tax equivalent received                                                200             1,144
      Income from equity investments                                                  -             1,864
      Payments:
      Borrowing costs                                                                 -                  -
      Interest expense                                                              (18)             (734)

      Net Cash Inflow/(Outflow) from Operating Activities                        21,670            26,729

 Cash Flows from Investing Activities

      Receipts:
      Proceeds of sale of property, plant and equipment                               -               259
      Grants, subsidies, contributions and donations                                448            11,552
      Payments:
      Payments of property, plant and equipment                                  (5,044)          (23,313)
      Payments for intangible assets                                               (365)            (1,176)

      Net Cash Inflow/(Outflow) from Investing Activities                        (4,961)          (12,678)

 Cash Flows from Financing Activities

      Receipts:
      Proceeds from borrowings                                                        -             2,697
      Payments:
      Repayment of borrowings                                                    (2,569)            (2,270)

      Net Cash Inflow/(Outflow) from Financing Activities                        (2,569)              427

      Net Increase/(Decrease) in Cash and Cash Equivalents held                  14,139            14,477

      Cash and cash equivalents at the beginning of the financial year           67,064            52,586

      Cash and Cash Equivalents at the end of the financial year                 81,203            67,064

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