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

Noosa Shire Council

Statement of Cash Flows
for the year ended 30 June 2018

                                                                                                                2018         2017
                                                                                               Notes            $'000        $'000


Cash Flows from Operating Activities

Receipts from Customers                                                                                       87,075       81,498
Payments to Suppliers and Employees                                                                          (77,033)     (67,789)
                                                                                                              10,042       13,709
Receipts:
Investment and Interest Revenue Received                                                                        4,701       4,831
Rental Income                                                                                                   1,301       1,337
Non Capital Grants and Contributions                                                                            6,052       6,287
Income Tax Equivalent Received                                                                                  3,067       1,456
Income from Equity Investments                                                                                     30       1,568
Payments:
Interest Expense                                                                                                 (131)       (122)
Net Cash Inflow/(Outflow) from Operating Activities                                             25            25,062       29,066

Cash Flows from Investing Activities
Receipts:
Proceeds of Sale of Property, Plant and Equipment                                                                 154         259
Grants, Subsidies, Contributions and Donations                                                                  6,369       6,314
Payments:
Payments of Property, Plant and Equipment                                                                    (26,981)     (19,317)
Payments for Intangible Assets                                                                                (1,874)      (1,176)
Net Cash Inflow/(Outflow) from Investing Activities                                                          (22,332)     (13,920)

Cash Flows from Financing Activities
Receipts:
Proceeds from Borrowings                                                                                        1,165       2,697
Payments:
Repayment of Borrowings                                                                                        (5,165)     (4,966)
Net Cash Inflow/(Outflow) from Financing Activities                                                            (4,000)     (2,269)

Net Increase/(Decrease) in Cash and Cash Equivalents held                                                      (1,270)     12,877
Cash and Cash Equivalents at the beginning of the financial year                                              65,463       52,586

Cash and Cash Equivalents at the end of the financial year                                       9            64,193       65,463




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.       Page 5