2019-05-13 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA    13 MAY 2019



                                   Attachment 3




                                   Page 26 of 32

Attachment 3

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

Cash flows from operating activities

      Cash Flows from Operating Activities

      Receipts from Customers                                                      81,990              85,154               87,075
      Payments to Suppliers and Employees                                         (81,752)             (66,163)             (77,033)
                                                                                     238               18,991               10,042
      Receipts:
      Investment and Interest Revenue Received                                      4,641               4,417                4,701
      Rental Income                                                                 1,293               1,142                 1,301
      Non Capital Grants and Contributions                                          4,286               3,824                6,052
      Income Tax Equivalent Received                                                1,200               1,409                3,067
      Income from Equity Investments                                                1,850                 669                   30
      Payments:
      Borrowing Costs                                                                   -                    -                    -
      Interest Expense                                                               (355)               (265)                (131)

      Net Cash Inflow/(Outflow) from Operating Activities                          13,152              30,187               25,062

Cash Flows from Investing Activities

      Receipts:
      Proceeds of Sale of Property, Plant and Equipment                               (32)                   -                 154
      Grants, Subsidies, Contributions and Donations                                5,419               7,610                6,369
      Payments:
      Payments of Property, Plant and Equipment                                   (26,026)             (23,552)             (26,981)
      Payments for Intangible Assets                                               (2,365)               (916)               (1,874)

      Net Cash Inflow/(Outflow) from Investing Activities                         (23,004)             (16,858)             (22,332)

Cash Flows from Financing Activities

      Receipts:
      Proceeds from Borrowings                                                      2,475                    -                1,165
      Payments:
      Repayment of Borrowings                                                      (3,320)              (5,289)              (5,165)

      Net Cash Inflow/(Outflow) from Financing Activities                            (845)              (5,289)              (4,000)
      Net Increase/(Decrease) in Cash and Cash Equivalents held                   (10,697)              8,040                (1,270)

      Cash and Cash Equivalents at the beginning of the reporting period           64,193              64,193               65,463
      Cash and Cash Equivalents at the end of the reporting period                 53,496              72,233               64,193

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