2015-03-09 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   9 MARCH 2015




                                   Page 19 of 70

Noosa Shire Council
2014/15 Budget Statements
For the period ending 30 June
Annual Result                                 [original | BR         | pre | prs fo                                                         Forecast
                                                    2015       2015       2015        2015       2016       rAd        2018        2019       2020       2021       yA)        VAI)        yA
Statement of Cash Flows                           EAT lt)      $,000     EAT)        $,000       $,000      $,000      Em lt)     $,000       $,000      $,000      $,000     EA)          $,000
Cash flows from operating activities            TT
                                                                                  po
  Receipts from customers                            66,362     66,362     66,526                 72,918     74,833     76,929      79,228     81,482     83,868      86,251     88,822     91,343
  Payments to suppliers and employees              (62,750)|   (62,784)|  (63,105)              (67,599)    (69,260)   (71,097)   (72,872)    (74,807)   (76,649)   (78,682)    (80,649)   (82,789)
  Dividend received                                   2,841      2,841      2,841       2,841      2,912      2,984       3,059      3,136      3,214       3,294      3,377      3,461      3,548
  Interest received                                   4,467      4,467      4,467                  4,512      4,680       4,856      4,969      5,197       5,334      5,496      5,666      5,857
  Rental income                                       1,067      1,067       1,067                 1,179      1,208       1,239      1,270      1,302       1,334      1,367      1,402       1,437
  Non-capital grants and contributions                5,101      5,101      5,256                  4,978      4,977       5,029      5,085      5,142       5,196      5,253      5,309      5,366
  Borrowing costs                                   (2,235)     (2,235)    (2,235)                (2,247)    (2,075)    (1,898)     (1,709)    (1,513)    (1,297)    (1,071)      (830)       (575)
                                                                                  pt
  Net cash inflow from operating activities          14,853     14,819     14,817                 16,652     17,348      18,119     19,105     20,018     21,080      21,991     23,181     24,187
Cash flows from investing activities                                              |       |
                                                                                             |
  Payments for property, plant and equipment       (21,884)|   (23,148)]  (23,797)              (16,588)    (19,488)   (21,321)   (22,471)    (21,846)   (22,096)   (22,871)    (23,296)   (23,996)
  Payments for intangible assets                      (790)       (790)    (1,095)                 (867)       (230)      (100)      (100)      (650)       (350)      (350)      (100)       (100)
  Proceeds from sale of property, plant and equipm|     427        427        427                      -          -           -          -          -          -           -          -          -
  Grants, subsidies, contributions and donations      4,588      4,588      4,919                  1,500     3,500        6,500      6,500      6,500       6,500      6,500      6,500      6,500
  Other cash flows from investing activities        (2,230)     (2,230)    (2,230)                   21          22         22          23         24         24          25         25         26
                                                                                  a
  Net cash inflow from investing activities        (19,890)|   (21,154)}  (21,777)              (15,934)    (16,196)   (14,899)   (16,048)    (15,972)   (15,922)   (16,696)    (16,871)   (17,570)
Cash flows from financing activities                                              P|
  Proceeds from borrowings                              794        794        794                      -          -           -          -          -          -           -          -          -
  Repayment of borrowings                           (2,626)     (2,626)    (2,626)                (2,766)    (2,938)    (3,115)     (3,303)    (3,500)      3,716    (3,942)     (4,183)    (4,437)
                                                                                  pt
  Net cash inflow from financing activities         (1,832)     (1,832)    (1,832)                (2,766)    (2,938)    (3,115)     (3,303)    (3,500)      3,716    (3,942)     (4,183)    (4,437)
Total cash flows                                                                  |       |
                                                lf Ef
Net increase in cash and cash equivalent held       (6,869)     (8,167)    (8,792)                (2,048)    (1,786)       105       (246)        545       1,442      1,352      2,127      2,179
                                                                                  a
Opening cash and cash equivalents                    40,662     41,964     41,964                 32,898     30,850     29,064      29,169     28,923     29,468      30,910     32,262     34,389
                                                                                          ae
Closing cash and cash equivalents                                                                 30,850     29,064     29,169 = 28,923        -29,468 ~~ 30,910      32,262     34,389     ~—36,568

                                                                                                                           Page 19 of 70