2015-06-12 Special Meeting

Noosa Shire Council
2015/16 Budget Statements
For the period ending 30 June
Annual Result                                           Budget                                                           Forecast
                                                         2016        2017         2018         2019         2020         2021         2022         2023         2024         2025
Statement of Cash Flows                                 $,000        $,000        $,000        $,000        $,000        $,000        $,000        $,000        $,000        $,000
Cash flows from operating activities

  Receipts from customers                                 72,301      74,511       76,492       78,613       80,980       83,212       85,715       88,124       90,772       93,268
  Payments to suppliers and employees                   (66,844)     (68,465)     (70,189)     (72,038)     (73,852)     (75,772)     (77,680)     (79,727)     (81,735)     (83,860)
  Dividend received                                        3,014       3,089        3,167        3,246        3,327        3,410        3,495        3,583        3,672        3,764
  Interest received                                        4,569       4,482        4,656        4,852        4,888        5,147        5,328        5,536        5,754        5,967
  Rental income                                            1,170       1,201        1,231        1,262        1,294        1,325        1,359        1,393        1,428        1,463
  Non-capital grants and contributions                     5,377       5,404        5,468        5,537        5,607        5,673        5,743        5,813        5,884        5,952
  Borrowing costs                                        (2,303)      (2,180)      (2,002)      (1,862)      (1,662)      (1,440)      (1,208)       (962)        (702)        (422)
  Other cash flows from operating activities                (11)         (11)         (11)         (11)         (11)         (12)         (12)         (12)         (12)         (12)

  Net cash inflow from operating activities               17,273      18,031       18,812       19,597       20,570       21,544       22,740       23,747       25,061       26,120

Cash flows from investing activities

  Payments for property, plant and equipment            (22,709)     (19,573)     (22,139)     (22,964)     (22,795)     (21,816)     (22,066)     (22,841)     (24,166)     (24,516)
  Payments for intangible assets                           (595)       (794)        (374)              -            -       (650)       (350)        (350)        (100)        (100)
  Proceeds from sale of property, plant and equipment            -           -            -            -            -            -            -            -            -            -
  Grants, subsidies, contributions and donations           3,678       3,130        4,580        4,035        6,500        6,500        6,500        6,500        6,500        6,500
  Other cash flows from investing activities               (702)             20           21           21           22           22           23           23           24           24

  Net cash inflow from investing activities             (20,328)     (17,217)     (17,912)     (18,908)     (16,273)     (15,944)     (15,893)     (16,668)     (17,742)     (18,092)

Cash flows from financing activities

  Proceeds from borrowings                                 1,360             -      1,100              -            -            -            -            -            -            -
  Repayment of borrowings                                (2,638)      (2,855)      (3,032)      (3,293)      (3,493)      (3,715)      (3,947)      (4,193)      (4,453)      (4,733)

  Net cash inflow from financing activities              (1,278)      (2,855)      (1,932)      (3,293)      (3,493)      (3,715)      (3,947)      (4,193)      (4,453)      (4,733)

Total cash flows

Net increase in cash and cash equivalent held            (4,333)      (2,041)      (1,032)      (2,604)         803        1,885        2,900        2,886        2,866        3,296

Opening cash and cash equivalents                         38,160      33,827       31,786       30,754       28,150       28,953       30,838       33,738       36,624       39,490

Closing cash and cash equivalents                         33,827      31,786       30,754       28,150       28,953       30,838       33,738       36,624       39,490       42,786