FINANCIAL PERFORMANCE REPORT – DEC 2024 · Attachment 3 - Statement of Cashflows - Dec 2024

Attachment 3 - Statement of Cashflows - Dec 2024

Noosa Council
Statement of Cash Flows
For the Year Ended 30 June 2024
As at 31 December 2024
                                                                          Current     Actual       Actual
                                                                          Budget         YTD     Full Year
                                                                             2025       2025          2024
                                                                           ($'000)    ($'000)      ($'000)

Cash flows from operating activities

     Cash Flows from Operating Activities

     Receipts from Customers                                               121,305     68,438     117,793
     Payments to Suppliers and Employees                                  (117,261)   (79,333)   (112,272)
                                                                             4,045    (10,895)      5,520
     Receipts:
     Investment and Interest Revenue Received                                5,000      3,906       8,909
     Rental Income                                                           2,263      1,191       1,652
     Non Capital Grants and Contributions                                    6,624      4,181       3,939
     Income Tax Equivalent Received                                          2,000        674       2,000
     Income from Equity Investments                                          2,100      1,335       2,100
     Payments:
     Interest Expense                                                         (748)       (73)       (159)

     Net Cash Inflow/(Outflow) from Operating Activities                   21,283        320       23,962

Cash Flows from Investing Activities

     Receipts:
     Proceeds of Sale of Property, Plant and Equipment                          -           -         140
     Grants, Subsidies, Contributions and Donations                        94,182      35,033      35,447
     Payments:
     Payments of Property, Plant and Equipment                            (134,136)   (46,073)    (70,223)
     Payments for Intangible Assets                                              -          -         328
     Net Movement in Loans and Advances                                          -          -         125

     Net Cash Inflow/(Outflow) from Investing Activities                   (39,954)   (11,040)    (34,183)

Cash Flows from Financing Activities

     Receipts:
     Proceeds from Borrowings                                                5,000          -       1,549
     Payments:
     Repayment of Borrowings                                                (1,162)      (929)     (1,709)

     Net Cash Inflow/(Outflow) from Financing Activities                     3,838       (929)       (160)

     Net Increase/(Decrease) in Cash and Cash Equivalents held             (14,832)   (11,650)    (10,381)

     Cash and Cash Equivalents at the beginning of the reporting period   104,994     106,126     116,507

     Cash and Cash Equivalents at the end of the reporting period          90,162      94,476     106,126