FINANCIAL PERFORMANCE REPORT – NOVEMBER 2023 · Statement of Cashflows - Nov 2023

ATTACHMENT THREE - STATEMENT OF CASHFLOWS

Noosa Council
Statement of Cash Flows
For the Year Ended 30 June 2024
As at 30 November 2023
                                                                          Current     Actual       Actual
                                                                          Budget         YTD     Full Year
                                                                             2024       2024          2023
                                                                           ($'000)    ($'000)      ($'000)

Cash flows from operating activities

     Cash Flows from Operating Activities

     Receipts from Customers                                               114,889     58,106     116,551
     Payments to Suppliers and Employees                                  (110,529)   (49,182)   (110,634)
                                                                             4,360      8,924       5,917
     Receipts:
     Investment and Interest Revenue Received                                4,670      3,535       7,032
     Rental Income                                                           1,723        666       1,747
     Non Capital Grants and Contributions                                    6,189      2,870       6,941
     Income Tax Equivalent Received                                          2,000        553       1,450
     Income from Equity Investments                                          2,100      1,027       1,900
     Payments:
     Borrowing Costs                                                             -          -           -
     Interest Expense                                                         (661)      (164)       (162)

     Net Cash Inflow/(Outflow) from Operating Activities                   20,381      17,410      24,824

Cash Flows from Investing Activities

     Receipts:
     Proceeds of Sale of Property, Plant and Equipment                          -         140         153
     Grants, Subsidies, Contributions and Donations                        10,094       7,428      40,133
     Payments:
     Payments of Property, Plant and Equipment                             (40,253)   (23,772)    (45,316)
     Payments for Intangible Assets                                              -       (114)       (261)
     Net Movement in Loans and Advances                                          -        125         125

     Net Cash Inflow/(Outflow) from Investing Activities                   (30,159)   (16,194)     (5,167)

Cash Flows from Financing Activities

     Receipts:
     Proceeds from Borrowings                                                8,905          -           -
     Payments:
     Repayment of Borrowings                                                (1,048)      (855)     (1,653)

     Net Cash Inflow/(Outflow) from Financing Activities                     7,857       (855)     (1,653)

     Net Increase/(Decrease) in Cash and Cash Equivalents held              (1,922)      362       18,005

     Cash and Cash Equivalents at the beginning of the reporting period    87,599     116,506      98,501

     Cash and Cash Equivalents at the end of the reporting period          85,677     116,868     116,506