2018-11-12 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   12 NOVEMBER 2018

                                       Attachment 3




                                        Page 65 of 84

as                             Attachment 3

Noosa Council
Statement of Cash Flows
For the Year Ended 30 June 2019
As at 31 October 2018
                                                                        Current Budget               Actual                Actual
                                                                                    2019                2019                 2018
                                                                                  ($'000)             ($'000)              ($'000)

Cash flows from operating activities

      Cash Flows from Operating Activities

      Receipts from Customers                                                     81,362              42,277               87,075
      Payments to Suppliers and Employees                                        (74,275)            (33,488)             (77,033)
                                                                                  7,087               8,789                10,042
      Receipts:
      Investment and Interest Revenue Received                                     4,250              2,028                 4,701
      Rental Income                                                                1,541                 552                1,301
      Non Capital Grants and Contributions                                        5,211                1,856                6,052
      Income Tax Equivalent Received                                               1,200                 523                3,067
      Income from Equity Investments                                               1,850                    -                  30
      Payments:
      Borrowing Costs                                                                  -                    -                   -
      Interest Expense                                                               (11)               (113)                (131)

      Net Cash Inflow/(Outflow) from Operating Activities                         21,128              13,636               25,062

Cash Flows from Investing Activities

      Receipts:
      Proceeds of Sale of Property, Plant and Equipment                               10                    -                 154
      Grants, Subsidies, Contributions and Donations                              5,419                1,282                6,369
      Payments:
      Payments of Property, Plant and Equipment                                  (28,916)            (10,238)             (26,981)
      Payments for Intangible Assets                                              (2,325)               (408)              (1,874)
      Net Cash Inflow/(Outflow) from Investing Activities                        (25,812)             (9,365)             (22,332)

Cash Flows from Financing Activities

      Receipts:
      Proceeds from Borrowings                                                     4,875                    -               1,165
      Payments:
      Repayment of Borrowings                                                     (5,300)              (2,639)             (5,165)
      Net Cash Inflow/(Outflow) from Financing Activities                           (425)             (2,639)              (4,000)
      Net Increase/(Decrease) in Cash and Cash Equivalents held                   (5,109)              1,633               (1,270)

      Cash and Cash Equivalents at the beginning of the reporting period          531,236             64,193               65,463

      Cash and Cash Equivalents at the end of the reporting period                46,127              65,826               64,193

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