Meeting papers

Noosa Council
Statement of Cash Flows
For the Year Ended 30 June 2024
As at 31 May 2024
                                                                          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                                               115,863     117,866           116,551
     Payments to Suppliers and Employees                                  (114,905)   (106,069)         (110,634)
                                                                               958      11,796             5,917
     Receipts:
     Investment and Interest Revenue Received                                6,770       7,634             7,032
     Rental Income                                                           1,732       1,550             1,747
     Non Capital Grants and Contributions                                    7,208       3,462             6,941
     Income Tax Equivalent Received                                          2,000       1,270             1,450
     Income from Equity Investments                                          2,100         991             1,900
     Payments:
     Interest Expense                                                         (674)       (212)             (162)

     Net Cash Inflow/(Outflow) from Operating Activities                   20,094      26,492            24,824

Cash Flows from Investing Activities

     Receipts:
     Proceeds of Sale of Property, Plant and Equipment                          -         140               153
     Grants, Subsidies, Contributions and Donations                        12,848      29,706            40,133
     Payments:
     Payments of Property, Plant and Equipment                             (68,192)    (58,413)          (45,316)
     Payments for Intangible Assets                                              -         328              (261)
     Net Movement in Loans and Advances                                          -         125               125

     Net Cash Inflow/(Outflow) from Investing Activities                   (55,345)    (28,114)           (5,167)

Cash Flows from Financing Activities

     Receipts:
     Proceeds from Borrowings                                                8,680           -                 -
     Payments:
     Repayment of Borrowings                                                (1,035)     (1,709)           (1,653)

     Net Cash Inflow/(Outflow) from Financing Activities                     7,645      (1,709)           (1,653)

     Net Increase/(Decrease) in Cash and Cash Equivalents held             (27,606)     (3,332)          18,005

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

     Cash and Cash Equivalents at the end of the reporting period          88,900     113,174           116,506




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