2017-11-16 Ordinary Meeting Agenda

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Noosa Shire Council
2017/18 Budget Statements
For the period ending 30 June
                                                   Original
Annual Result                                       Budget
                                                     2018          2018          2018          2019          2020          2021         PAW            2023         yA)            2025          2026          rH
Statement of Cash Flows                             $,000          ALT)          mL)           mT)           Sm)          AL)           $,000         mT)           ADT)          Smt Lt)      $,000          Exit
Cash flows from operating activities            Pf
  Receipts from customers                        $     78186/$       78186]$       78302]$       80,622  $    83035    $    85,450   $    88109    $    90,839   $    93681    $    96531    $    99552    $   102,640
   Payments to suppliers and employees           ($   71,098) |($   71,324) |($   71,955) |($   73,706) ($    75,710) ($    77,930) ($    80,219) ($    82,825) ($    85,545) ($    88,297) ($    91,172) ($    94,114)
   Dividend received                             $      3,060 | $     3,060 | $     3,060 | $     3,137  §$     3,215  $      3,295  $      3,378  §$     3,462  $      3,549  $      3,637  §$    3,728   $     3,822
   Interest received                             $      4390/$        4390]/$       4409/$        4540   $      4751   $      4971   $      5037   $      5320   $      5400   $      5488   $     5497    $     5,648
   Rental income                                 $      1,320 | $     1,320 | $     1,319 | $     1,353  $      1,387  $      1,421  $      1,457  $      1,493  $      1,531  $      1,568  $      1,608  $      1,648
   Non-capital grants and contributions          $      5,054 | $     5,054 | $     5,591 | $     5,605  $      5,608  $      5,606  $      5,608  $      5,609  $      5,611  $      5,609  $§$   5,612   $     5,613
   Borrowing costs                               ($    2127) \($     2,127) |\($   2,127) |($    ~—«-1,978) (S$ 1,965) ($    1,771) ($     ~—-1,633) ($ + ~—«:1,376) ($ —-1,112)       866) ($       562) ($      450)
   Other cash flows from operating activities    ($       11) 1($       11) 1($       11) 1($       11) ($        11) ($        12) ($        12) ($        12) ($        12) ($        12) ($        12) ($        12)
   Net cash flow from operating activities       $     18775|$       18548/$       18589/$       19,562  $    20,310   $    24,031   $    21,724   $    22509    $    23103    $    23,660   $    24,250   $    24,794
Cash flows from investing activities
   Payments for property, plant and equipment    ($   22,340) |($   28,905) |($   26,491) |($   25,667) ($    20,832) ($    24,322) ($    20,187) ($    21,794) ($    23,044) ($    24,794) ($    25,044) ($    24,794)
   Payments for intangible assets                ($    1,716) |($    +~—«-2,085) |($ +~—s-2,088) |($~—«-1,527) ($ 250) ($      150) ($       150) ($       289) ($       289) ($       289) ($      289) ($       289)
   Grants, subsidies, contributions and donations |$    4464/$        6186|/$       6577/$        3901   $      2379   $      2976   $      3735   $      3011   $      3051   $      3011   $     3301    $     3,261
   Other cash flows from investing activities    $         10] $         10} $         10 | $        10  $         10  $         10  $         11  $         11  $         11  $         12  $         12  $        12
   Net cash flow from investing activities       ($   19,581) |($   24,793) |($   21,993) |($   23,283) ($    18,693) ($    21,486) ($    16,592) ($    19,061) ($    20,271) ($    22,060) ($    22,020) ($    21,810)
Cash flows from financing activities
  Proceeds from borrowings                       $      1,225/$       1225/$        1,2251$       5517   $      1,000  $      3000   $        -    §$      150   $      1,400  $       150   $      1,400  $      1,150
 Repayment of borrowings                         ($    3,042) |($_-—=—«-3,042) |($_~—=«-3,042) |($_~—=s«-3,273) ($ 3,670) ($ 3,933) ($     4,279) ($     4,535) ($     4,810) ($     5,153) ($     5,438) (S$    1,081)
   Net cash flow from financing activities       ($    1,817) |($  = 1,817) |($ = 1,817) | $      2,244 ($     2,670) ($       933) (§     4,279) ($     4,385) ($     3,410) ($     5,003) ($     4,038)  $        69
Total cash flows
Net change  in cash and cash equivalentheld      |($   2,624) |($    8,063) |($ 5,222) |($       1,477) ($     1,053) ($ —- 1,387)   $       854 ($        937) ($       579) ($     3,403) ($     1,809)  $  — 3,053
Opening cash and cash equivalents                $     46579|$       46579]$      46579|$       41,357   $    39,880   $    38828    $    37,440   $    38,294   $    37,358   $    36,779   $    33,376   $    31,568
Closing cash and cash equivalents                $     43,9551$      38516)$      41,357/$       39,880  $    38828    $    37,440   $    38294    $    37,358   $    36,779   $    33,376   $    31,568   $    34,620

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