2014-06-26 Budget Meeting Attachment C

Noosa Shire Council
2014/15 Budget Statements
For the period ending 30 June
Annual Result                                           Budget                                                     Forecast
                                                         2015      2016        2017        2018        2019        2020        2021        2022        2023        2024
Statement of Cash Flows                                 $,000      $,000       $,000       $,000       $,000       $,000       $,000       $,000       $,000       $,000
Cash flows from operating activities

  Receipts from customers                                 66,362    73,829      75,994      78,319      80,680      82,968      85,181      87,561      89,969      92,482
  Payments to suppliers and employees                   (62,750)   (66,457)    (68,088)    (69,893)    (71,638)    (73,440)    (75,140)    (77,021)    (78,831)    (80,806)
  Dividend received                                        2,841     2,912       2,984       3,059       3,136       3,206       3,278       3,352       3,427       3,504
  Interest received                                        4,467     4,629       4,845       5,087       5,264       5,581       5,792       6,037       6,294       6,582
  Rental income                                            1,067     1,139       1,167       1,197       1,227       1,255       1,283       1,312       1,341       1,372
  Non-capital grants and contributions                     5,101     5,445       5,579       5,719       5,862       5,997       6,129       6,268       6,409       6,555
  Borrowing costs                                        (2,235)    (2,211)     (2,037)     (1,857)     (1,667)     (1,468)     (1,249)     (1,020)      (776)       (518)

  Net cash inflow from operating activities               14,853    19,287      20,445      21,630      22,863      24,099      25,274      26,489      27,834      29,171

Cash flows from investing activities

  Payments for property, plant and equipment            (21,884)   (18,032)    (20,932)    (22,765)    (23,915)    (23,290)    (23,540)    (24,315)    (24,740)    (25,440)
  Payments for intangible assets                           (790)     (867)       (230)       (100)       (100)        (650)      (350)       (350)       (100)       (100)
  Proceeds from sale of property, plant and equipment       427            -           -           -           -           -           -           -           -           -
  Grants, subsidies, contributions and donations           4,588     1,500       3,500       6,500       6,500       6,500       6,500       6,500       6,500       6,500
  Other cash flows from investing activities             (2,230)           -           -           -           -           -           -           -           -           -

  Net cash inflow from investing activities             (19,890)   (17,399)    (17,662)    (16,365)    (17,515)    (17,440)    (17,390)    (18,165)    (18,340)    (19,040)

Cash flows from financing activities

  Proceeds from borrowings                                  794            -           -           -           -           -           -           -           -           -
  Repayment of borrowings                                (2,626)    (2,802)     (2,976)     (3,156)     (3,346)     (3,545)     (3,764)     (3,993)     (4,237)     (4,495)

  Net cash inflow from financing activities              (1,832)    (2,802)     (2,976)     (3,156)     (3,346)     (3,545)     (3,764)     (3,993)     (4,237)     (4,495)

Total cash flows

Net increase in cash and cash equivalent held            (6,869)     (915)       (194)       2,110       2,002       3,114       4,120       4,331       5,257       5,636

Opening cash and cash equivalents                         40,662    33,794      32,879      32,685      34,795      36,797      39,910      44,030      48,361      53,618

Closing cash and cash equivalents                         33,794    32,879      32,685      34,795      36,797      39,910      44,030      48,361      53,618      59,255




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