2018-12-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   17 DECEMBER 2018




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GENERAL COMMITTEE MEETING AGENDA                                                            17 DECEMBER 2018

Noosa Council                                                                                       ATTACHMENT 3
Statement of Cash Flows
For the Year Ended 30 June 2019
As at 30 November 2018
                                                                        Current Budget               Actual               Actual
                                                                                   2019                2019                 2018
                                                                                 ($'000)              ($'000)             ($'000)

Cash flows from operating activities

      Cash Flows from Operating Activities

      Receipts from Customers                                                    81,670              45,474               87,075
      Payments to Suppliers and Employees                                        (81,570)            (37,641)             (77,033)
                                                                                    100                7,833               10,042
      Receipts:
      Investment and Interest Revenue Received                                    4,406                2,212               4,701
      Rental Income                                                                1,529                654                 1,301
      Non Capital Grants and Contributions                                        5,258                2,144                6,052
      Income Tax Equivalent Received                                               1,200                663                 3,067
      Income from Equity Investments                                               1,850                   -                  30
      Payments:
      Borrowing Costs                                                                  -                   -                    -
      Interest Expense                                                              (355)               (136)                (131)

      Net Cash Inflow/(Outflow) from Operating Activities                        13,988               13,370              25,062

Cash Flows from Investing Activities

      Receipts:
      Proceeds of Sale of Property, Plant and Equipment                              (32)                  -                 154
      Grants, Subsidies, Contributions and Donations                              5,419                1,802                6,369
      Payments:
      Payments of Property, Plant and Equipment                                  (27,490)            (13,388)             (26,981)
      Payments for Intangible Assets                                              (2,325)               (573)              (1,874)

      Net Cash Inflow/(Outflow) from Investing Activities                        (24,428)            (12,159)             (22,332)

Cash Flows from Financing Activities

      Receipts:
      Proceeds from Borrowings                                                    3,075                    -                1,165
      Payments:
      Repayment of Borrowings                                                     (3,320)             (2,639)              (5,165)

      Net Cash Inflow/(Outflow) from Financing Activities                           (245)             (2,639)              (4,000)
      Net Increase/(Decrease) in Cash and Cash Equivalents held                  (10,685)             (1,428)              (1,270)

      Cash and Cash Equivalents at the beginning of the reporting period         64,193               64,193              65,463

      Cash and Cash Equivalents at the end of the reporting period               53,508               62,765              64,193

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