2019-12-16 General Committee Agenda

Page 51 of 51

Noosa Council                                                                                         ATTACHMENT 3
Statement of Cash Flows
For the Year Ended 30 June 2020
As at 30 November 2019
                                                                               Current              Actual              Actual
                                                                               Budget                 YTD             Full Year
                                                                                  2020                2020                2019
                                                                                ($'000)             ($'000)             ($'000)

Cash flows from operating activities

     Cash Flows from Operating Activities

     Receipts from Customers                                                    85,969              44,624              92,597
     Payments to Suppliers and Employees                                       (84,340)            (34,622)             (78,821)
                                                                                 1,629              10,002              13,776
     Receipts:
      Investment and Interest Revenue Received                                   4,010               1,327               4,763
     Rental Income                                                               1,290                 502                1,281
     Non Capital Grants and Contributions                                        4,976               1,949               5,447
      Income Tax Equivalent Received                                             1,200                 477                1,754
      Income from Equity Investments                                             1,850                   -                1,487
     Payments:
     Borrowing Costs                                                                 -                   -                    -
      Interest Expense                                                          (1,282)                (61)               (133)

     Net Cash Inflow/(Outflow) from Operating Activities                        13,673              14,196              28,375

Cash Flows from Investing Activities

     Receipts:
     Proceeds of Sale of Property, Plant and Equipment                              10                  38                 383
     Grants, Subsidies, Contributions and Donations                              7,415               2,169               5,140
     Payments:
     Payments of Property, Plant and Equipment                                 (28,809)             (9,358)             (24,848)
     Payments for Intangible Assets                                             (2,063)               (666)              (1,347)
     Net Movement in Loans and Advances                                              -                 125                (625)

     Net Cash Inflow/(Outflow) from Investing Activities                       (23,447)             (7,692)             (21,297)

Cash Flows from Financing Activities

     Receipts:
     Proceeds from Borrowings                                                        -                   -                    -
     Payments:
     Repayment of Borrowings                                                    (2,264)             (2,069)             (15,290)

     Net Cash Inflow/(Outflow) from Financing Activities                        (2,264)             (2,069)             (15,290)

     Net Increase/(Decrease) in Cash and Cash Equivalents held                 (12,038)              4,435               (8,212)

     Cash and Cash Equivalents at the beginning of the reporting period         55,981              55,981              64,193

     Cash and Cash Equivalents at the end of the reporting period               43,943              60,416              55,981

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