2018-11-06 S&O Agenda - Attachment 1 to Item 5 - Draft Annual Report 2017-18

Statement of cash flows
The statement of cash flows shows where Council has generated cash and where these funds have been
expended. The detailed schedule in the financial statements is summarised in Figure 9 (columns above
the line represent cash flowing into the organisation, and columns below the line represent cash payments
made).

Key elements to Council’s annual cash flow include:
•      Operating activities depicts the net of income received from rates, interest, grants, etc. and payments
       made to suppliers and employees;
•      Investing activities relate to the acquisition and sale/disposal of long-term assets, generally in the form
       of roads, bridges, plant and equipment, etc. A negative outcome here represents a net investment in
       community infrastructure during the reporting period;
•      Financing activities shows the receipt and repayment of Council borrowings. A negative outcome here
       represents that Council has repaid more loans compared to new borrowings raised; and
•      Net movement in cash represents the total physical movement of cash, with any accounting adjustments
       and accruals removed. The net negative movement in cash for the year of $1.3 million represents a net
       decrease in cash on hand.


Figure 9 - Net Cash Flow Sources 2017/18 ($’000)
$30000

$25000

$20000

$15000

$10000

    $5000

       $0

    $-5000

$-10000

$-15000

$-20000

$-25000
               Operating Activities    Investing Activities     Financing Activities      Net Movement in Cash




                                                                                       2017-2018 Annual Report | Page 37