2016-06-29 Special Meeting Agenda

Noosa Shire Council
2016/17 Budget Statements
For the period ending 30 June
Annual Result                                       Original                                                             Forecast
                                                        2017         2018         2019         2020         2021          2022         2023          2024         2025         2026
Statement of Cash Flows                                 $,000        $,000        $,000        $,000        $,000         $,000        $,000         $,000        $,000        $,000
Cash flows from operating activities

  Receipts from customers                                74,742       76,671       78,945       81,043       83,397        85,747       88,442        90,949       93,977       96,818
  Payments to suppliers and employees                   (69,235)     (70,988)     (72,860)     (74,795)     (76,851)      (79,090)     (81,387)      (83,647)     (86,130)     (88,743)
  Dividend received                                       3,142        3,220        3,301        3,383        3,468         3,554        3,643         3,734        3,828        3,923
  Interest received                                       4,153        4,401        4,611        4,779        4,884         5,113        5,230         5,337        5,438        5,522
  Rental income                                           1,235        1,266        1,298        1,330        1,363         1,397        1,432         1,469        1,505        1,543
  Non-capital grants and contributions                    5,530        5,552        5,566        5,580        5,592         5,607        5,622         5,638        5,651        5,667
  Borrowing costs                                        (2,176)      (2,089)      (1,908)      (1,707)      (1,485)       (1,253)      (1,007)        (746)        (465)        (187)
  Other cash flows from operating activities                (11)         (11)         (11)         (11)         (12)          (12)         (12)          (12)         (12)         (12)

  Net cash inflow from operating activities              17,379       18,022       18,941       19,603       20,355        21,064       21,964        22,721       23,791       24,532

Cash flows from investing activities

  Payments for property, plant and equipment            (21,356)     (21,175)     (22,264)     (22,495)     (22,791)      (23,166)     (23,941)      (25,141)     (26,566)     (26,466)
  Payments for intangible assets                         (1,231)       (374)              -            -      (650)          (350)       (350)         (300)        (350)        (350)
  Proceeds from sale of property, plant and equipment           -            -            -            -            -             -             -            -            -
  Grants, subsidies, contributions and donations          6,567        5,337        4,338        6,500        6,500         6,500        6,500         6,500        6,500        6,500
  Other cash flows from investing activities                    10           10           10           10           10            11           11            11           12           12

  Net cash inflow from investing activities             (16,010)     (16,202)     (17,916)     (15,985)     (16,931)      (17,005)     (17,780)      (18,930)     (20,404)     (20,304)

Cash flows from financing activities

  Proceeds from borrowings                                2,697          340              -            -            -             -             -            -            -            -
  Repayment of borrowings                                (2,807)      (3,079)      (3,283)      (3,484)      (3,706)       (3,938)      (4,185)       (4,445)      (4,726)      (4,142)

  Net cash inflow from financing activities               (110)       (2,739)      (3,283)      (3,484)      (3,706)       (3,938)      (4,185)       (4,445)      (4,726)      (4,142)

Total cash flows

Net increase in cash and cash equivalent held             1,260        (919)       (2,258)         134        (282)           121              (1)     (654)       (1,339)             85

Opening cash and cash equivalents                        34,793       36,053       35,134       32,876       33,010        32,728       32,849        32,848       32,194       30,856

Closing cash and cash equivalents                        36,053       35,134       32,876       33,010       32,728        32,849       32,848        32,194       30,856       30,941