Annual Report 2016-17

Noosa Shire Council

Statement of Cash Flows
for the year ended 30 June 2017

                                                                                                                 2017             2016
                                                                                                NotE-s           $'000            $'000


Cash Flows from Operating Activities

Receipts from Customers                                                                                        81,498      81,274
Payments to Suppliers and Employees                                                                      -   _J~~J~~ _ . _(69,327)
                                                                                                               13,709      11,947
Receipts:
Investment and Interest Revenue Received                                                                        4,831             4,908
Rental Income                                                                                                   1,337             1,227
Non Capital Grants and Contributions                                                                            6,287             5,205
Income Tax Equivalent Received                                                                                  1,456             1,144
Income from Equity Investments                                                                                  1,568             1,864
Payments:
Interest Expense                                                                                                     (122)            (105)
Net Cash lnflow/(Outflow) from Operating Activities                                              24            29,066           26,190

Cash Flows from Investing Activities
Recei pts:
Proceeds of Sale of Property, Plant and Equipment                                                                 259              452
Grants, Subsidies, Contributions and Donations                                                                  6,314            7,696
Payments:
Payments of Property, Plant and Equipment                                                                     (19,317)         (28,858)
Payments for Intangible Assets                                                                                 (1,176)            (202)
Net Cash Inflow/( Outflow) from Investing Activities                                                          (13,920)         (20,912)_

Cash Flows from Financing Activities
Receipts :
Proceeds from Borrowings                                                                                        2,697            1,360
Payments:
Repayment of Borrowings                                                                                        (4,966)           (4,943)
Net Cash lnflow/(Outflow) from Financing Activities                                                            (2,269)           (3,583)

Net lncrease/(Decrease) in Cash and Cash Equivalents held                                                      12,877            1,695
Cash and Cash Equivalents at the beginning of the financial year                                               52,586           50,891

Cash and Cash Equivalents at the end of the financial year                                                     65,463           52,586
                                                                                                         -




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.           page 5