2019-01-14 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   14 JANUARY 2019


                                        Attachment 3




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GENERAL COMMITTEE MEETING AGENDA                                                                             14 JANUARY 2019

                                                                                                                      Attachment 3

    Noosa Council
    Statement of Cash Flows
    For the Year Ended 30 June 2019
    As at 31 December 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              47,030               87,075
         Payments to Suppliers and Employees                                         (81,570)            (44,116)             (77,033)
                                                                                        100               2,914               10,042
         Receipts:
         Investment and Interest Revenue Received                                     4,406               2,385                4,701
         Rental Income                                                                1,529                 750                1,301
         Non Capital Grants and Contributions                                         5,258               2,703                6,052
         Income Tax Equivalent Received                                               1,200                 663                3,067
         Income from Equity Investments                                               1,850                    -                  30
         Payments:
         Borrowing Costs                                                                   -                   -                    -
         Interest Expense                                                              (355)                (156)               (131)

         Net Cash Inflow/(Outflow) from Operating Activities                         13,988               9,258               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               2,256                6,369
         Payments:
         Payments of Property, Plant and Equipment                                   (27,490)            (15,926)             (26,981)
         Payments for Intangible Assets                                               (2,325)               (678)              (1,874)

         Net Cash Inflow/(Outflow) from Investing Activities                         (24,428)            (14,348)             (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)             (7,729)              (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              56,464               64,193

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