2018-04-16 General Committee Agenda

ATTACHMENT 3




Page 81 of 122

ATTACHMENT 3
Noosa Council
Statement of Cash Flows
For the Year Ended 30 June 2018
As at 31 March 2018                                                                Actual             Actual
                                                                                      YTD          Full Year
                                                                                     2018               2017
                                                                                   ($'000)            ($'000)

Cash flows from operating activities

      Cash Flows from Operating Activities

      Receipts from Customers                                                      79,020             81,498
      Payments to Suppliers and Employees                                          (55,572)          (67,789)
                                                                                   23,447             13,709
      Receipts:
      Investment and Interest Revenue Received                                       3,502             4,831
      Rental Income                                                                  1,067             1,337
      Non Capital Grants and Contributions                                          4,367              6,287
      Income Tax Equivalent Received                                                  883              1,456
      Income from Equity Investments                                                 1,673             1,568
      Payments:
      Borrowing Costs                                                                    -                 -
      Interest Expense                                                                (213)             (122)

      Net Cash Inflow/(Outflow) from Operating Activities                          34,727             29,066

Cash Flows from Investing Activities

      Receipts:
      Proceeds of Sale of Property, Plant and Equipment                               101                259
      Grants, Subsidies, Contributions and Donations                                4,172              6,314
      Payments:
      Payments of Property, Plant and Equipment                                    (17,350)          (19,317)
      Payments for Intangible Assets                                                (1,322)           (1,176)

      Net Cash Inflow/(Outflow) from Investing Activities                          (14,399)          (13,920)

Cash Flows from Financing Activities

      Receipts:
      Proceeds from Borrowings                                                           -             2,697
      Payments:
      Repayment of Borrowings                                                       (5,164)           (4,966)

      Net Cash Inflow/(Outflow) from Financing Activities                           (5,164)           (2,269)

      Net Increase/(Decrease) in Cash and Cash Equivalents held                    15,164             12,877

      Cash and Cash Equivalents at the beginning of the reporting period           68,835             55,958

      Cash and Cash Equivalents at the end of the reporting period                 83,999             68,835

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