Annual Report 2019-20

Noosa Shire Council

Statement of Cash Flows
for the year ended 30 June 2020

                                                                                                               2020        2019
                                                                                           Notes               $'000       $'000


Cash Flows from Operating Activities

Receipts from Customers                                                                                     91,168       92,597
Payments to Suppliers and Employees                                                                        (82,671)     (78,821)
                                                                                                             8,497       13,776
Receipts:
Interest and Investment Revenue Received                                                                      3,937       4,763
Rental Income                                                                                                 1,003       1,281
Non Capital Grants and Contributions                                                                          5,315       5,447
Income Tax Equivalent Received                                                                                1,857       1,754
Income from Equity Investment                                                                                 1,396       1,487
Payments:
Interest Expense                                                                                               (143)       (133)

Net Cash Inflows/(Outflows) from Operating Activities                                       27             21,862       28,375

Cash Flows from Investing Activities
Receipts:
Proceeds of Sale of Property, Plant and Equipment                                                               284         383
Grants, Subsidies, Contributions and Donations                                                                8,640       5,140
Payments:
Payments for Property, Plant and Equipment                                                                 (23,830)     (24,848)
Payments for Intangible Assets                                                                              (2,088)      (1,347)
Net movement in Loans and Advances                                                                             125         (625)

Net Cash Inflows/(Outflows) from Investing Activities                                                     (16,869)     (21,297)

Cash flows from Financing Activities
Payments:
Repayment of Borrowings                                                                                      (3,950)    (15,290)

Net Cash Inflows/(Outflows) from Financing Activities                                                       (3,950)    (15,290)

Net Increase/(Decrease) in Cash and Cash Equivalents held                                                    1,043       (8,212)

Cash and Cash Equivalents at the beginning of the financial year                                            55,981       64,193

Cash and Cash Equivalents at the end of the financial year                                   9            57,024       55,981




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