2020-02-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   17 FEBRUARY 2020




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GENERAL COMMITTEE MEETING AGENDA                                                             17 FEBRUARY 2020

 Noosa Council                                                                                        ATTACHMENT 3
Statement of Cash Flows
For the Year Ended 30 June 2020
As at 31 January 2020
                                                                               Current             Actual               Actual
                                                                               Budget                 YTD             Full Year
                                                                                  2020                2020                2019
                                                                                ($'000)             ($'000)             ($000)

Cash flows from operating activities

     Cash Flows from Operating Activities

      Receipts from Customers                                                   85,969              55,463              92,597
      Payments to Suppliers and Employees                                      (84,340)            (45,499)             (78,821)
                                                                                 1,629               9,964              13,776
      Receipts:
      Investment and Interest Revenue Received                                   4,010               2,124               4,763
      Rental Income                                                              1,290                807                1,281
      Non Capital Grants and Contributions                                       4,976               2,830               5,447
      Income Tax Equivalent Received                                             1,200                937                1,754
      Income from Equity Investments                                             1,850                   -               1,487
     Payments:
      Borrowing Costs                                                                -                   -                    -
      Interest Expense                                                          (1,282)                (69)               (133)

     Net Cash Inflow/(Outflow) from Operating Activities                        13,673              16,594              28,375

Cash Flows from Investing Activities

      Receipts:
      Proceeds of Sale of Property, Plant and Equipment                             10                  38                 383
     Grants, Subsidies, Contributions and Donations                              7,415               4,246               5,140
     Payments:
      Payments of Property, Plant and Equipment                                (28,809)            (11,617)             (24,848)
      Payments for Intangible Assets                                            (2,063)               (938)              (1,347)
      Net Movement in Loans and Advances                                             -                 125                (625)

     Net Cash Inflow/(Outflow) from Investing Activities                       (23,447)             (8,146)            (21,297)

Cash Flows from Financing Activities

      Receipts:
      Proceeds from Borrowings                                                       -                   -                    -
     Payments:
      Repayment of Borrowings                                                   (2,264)             (2,069)             (15,290)

     Net Cash Inflow/(Outflow) from Financing Activities                        (2,264)             (2,069)            (15,290)

     Net Increase/(Decrease) in Cash and Cash Equivalents held                 (12,038)              6,379               (8,212)

     Cash and Cash Equivalents at the beginning of the reporting period         55,981              55,981              64,193

     Cash and Cash Equivalents at the end of the reporting period               43,943              62,360              55,981

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