2019-09-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   16 SEPTEMBER 2019



                                       Attachment 3




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GENERAL COMMITTEE MEETING AGENDA                                                                          16 SEPTEMBER 2019

                                                                                                                  Attachment 3

     Noosa Council
     Statement of Cash Flows
     For the Year Ended 30 June 2020
     As at 31 August 2019
                                                                                    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                                                      84,812              37,093               88,381
          Payments to Suppliers and Employees                                         (78,407)            (16,724)             (73,702)
                                                                                        6,405              20,369               14,679
          Receipts:
           Investment and Interest Revenue Received                                     4,010                 284                4,892
          Rental Income                                                                 1,292                 212                1,252
          Non Capital Grants and Contributions                                          5,113               1,098                5,447
           Income Tax Equivalent Received                                               1,200                 177                1,450
           Income from Equity Investments                                               1,850                   -                1,600
          Payments:
          Borrowing Costs                                                                   -                   -                    -
           Interest Expense                                                            (1,194)                (32)              (1,763)

          Net Cash Inflow/(Outflow) from Operating Activities                          18,676              22,107               27,557

     Cash Flows from Investing Activities

          Receipts:
          Proceeds of Sale of Property, Plant and Equipment                                10                   -                  375
          Grants, Subsidies, Contributions and Donations                                6,712               1,215                8,696
          Payments:
          Payments of Property, Plant and Equipment                                   (26,999)             (1,507)             (28,359)
          Payments for Intangible Assets                                               (1,400)               (177)              (1,191)

          Net Cash Inflow/(Outflow) from Investing Activities                         (21,677)               (469)             (20,480)

     Cash Flows from Financing Activities

          Receipts:
          Proceeds from Borrowings                                                          -                   -                    -
          Payments:
          Repayment of Borrowings                                                      (2,352)             (2,069)             (15,289)

          Net Cash Inflow/(Outflow) from Financing Activities                          (2,352)             (2,069)             (15,289)
          Net Increase/(Decrease) in Cash and Cash Equivalents held                    (5,352)             19,569               (8,212)

          Cash and Cash Equivalents at the beginning of the reporting period           43,496              55,981               64,193

          Cash and Cash Equivalents at the end of the reporting period                 38,144              75,549               55,981

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