2019-11-12 S&O Agenda - Item 11 - Attachment 1 - Draft Noosa Council 2018-19 Annual Report

Noosa Shire Council

Statement of Cash Flows
for the year ended 30 June 2019

                                                                                                                 2019          2018
                                                                                               Notes             $'000         $'000


Cash Flows from Operating Activities

Receipts from Customers                                                                                       92,597         87,075
Payments to Suppliers and Employees                                                                          (78,821)       (77,033)
                                                                                                              13,776         10,042
Receipts:
Investment and Interest Revenue Received                                                                        4,763         4,701
Rental Income                                                                                                   1,281         1,301
Non Capital Grants and Contributions                                                                            5,447         6,052
Income Tax Equivalent Received                                                                                  1,754         3,067
Income from Equity Investments                                                                                  1,487            30
Payments:
Interest Expense                                                                                                 (133)         (131)
Net Cash Inflow/(Outflow) from Operating Activities                                              26           28,375         25,062

Cash Flows from Investing Activities
Receipts:
Proceeds of Sale of Property, Plant and Equipment                                                                 383           154
Grants, Subsidies, Contributions and Donations                                                                  5,140         6,369
Payments:
Payments of Property, Plant and Equipment                                                                    (24,848)       (26,981)
Payments for Intangible Assets                                                                                (1,347)        (1,874)
Net Movement in Loans & Advances                                                                                (625)             -
Net Cash Inflow/(Outflow) from Investing Activities                                                          (21,297)       (22,332)

Cash Flows from Financing Activities
Receipts:
Proceeds from Borrowings                                                                                             -        1,165
Payments:
Repayment of Borrowings                                                                                      (15,290)        (5,165)
Net Cash Inflow/(Outflow) from Financing Activities                                                          (15,290)        (4,000)

Net Increase/(Decrease) in Cash and Cash Equivalents held                                                      (8,212)       (1,270)
Cash and Cash Equivalents at the beginning of the financial year                                              64,193         65,463

Cash and Cash Equivalents at the end of the financial year                                       9            55,981         64,193




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.       page 55