2018-06-21 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA                                                                                       21 JUNE 2018


Cash Management and Investment Performance
Total cash on hand at the end of May was $76 million. Included in this balance are funds held in
trust and for restricted purposes (e.g. unexpended levy and grant funds) and unspent monies
committed for funding capital projects which are underway and will likely carryover into the
2018/19 financial year.

The pie charts on the following page present the mix of cash held at May 2018 by agency (graph
on the left) and by credit risk rating (graph on the right).

Figure 6: Closing Cash Held by Agency and Credit Rating


                      Bendigo                                                          A3
                        5%                                                          (Bendigo)
              NAB                                                                      5%
              8%
                                                                               A1 +
        CBA                                                                (CBA + NAB +
        11%                                                                  Wpac)…




                                                                                                     A1 +
                                       QTC
                                                                                                    (QTC)
                                       76%
                                                                                                     76%




The following chart monitors the year-to-date trend on total cash and the agencies invested.
During May, $2 million in commercial term deposits matured and $3 million was drawn down from
QTC cash deposits. These funds were utilised during May to fund operating costs.

Figure 7: Year to Date Trend of Cash Invested by Agency

 100,000,000.00

  90,000,000.00

  80,000,000.00

  70,000,000.00

  60,000,000.00

  50,000,000.00

  40,000,000.00

  30,000,000.00

  20,000,000.00

  10,000,000.00

              -
                  Jul-17   Aug-17   Sep-17    Oct-17   Nov-17   Dec-17   Jan-18   Feb-18   Mar-18    Apr-18    May-18

                              QTC            Bendigo        Westpac           NAB          Suncorp            CBA




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