2019-08-12 General Committee Agenda

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Noosa Shire Council
 2019/20 Budget Statements
 For the period ending 30 June
                                                     Current      Original
                                                      2019          2020        2020         2021         2022         2023         2024         2025        2026         YAH A        2028         2029
 Statement of Cash Flows                              $,000        $,000        $,000        $,000        $,000        $,000        $,000       $,000        $,000        $,000        $,000        $,000
 Cash flows from operating activities             Pf
   Receipts from customers                         $    81,990}  $   84812]$      85933]$     88668    $   91,228   $   93,878   $   96637    $   99,396   $ 102,318   $  105,299   $ 108,332    $  111,357
    Payments to suppliers and employees           ($   81,752) |($  78,407) }($  79,620) |($  81,989) ($   84,114) ($  86,263) ($   88,622) ($   91,144) ($   93,835) ($   96,721) ($ 101,040) ($ 104,110)
    Dividend received                              $     3,050 | $    3,050 | $    3,050 | $    3,050  $    3,050   $    3,050   $    3,050   $    3,050   $    3,050  $     3,050  $    3,050   $    3,050
    Interest received                              $     4641/$       4010/$       4010}$      4,196   $    4160    $    4091    $    4067    $    4,091   $    4147   $    4219    $    4347    $    4,452
    Rental income                                  $     1,293 | $    1,292 | $    1,291 | $    1,353  $     1,390  $    1,425   $    1,461   $    1,497   $    1,534  $     1,573  $     1,612  $    1,652
    Non-capital grants and contributions           $     4,286|$      5113/$       5109}$       5130   $    5132    $    5133    $    5135    $    5134    $    5136   $     5137   $    5139    $    5,138
    Borrowing costs                               ($    1,968) |($   1,183) |($   1,183) |($   1,038) ($     888) ($      729) ($      561) ($      380) ($      189) ($       95) ($       83) ($      72)
   Other cash flows from operating activities      $     1,613 |($      11) |($      11) ($       11) ($       12) ($       12) ($      12) ($       12) ($       12) ($       12) ($       12) ($      12)
    Net cash flow from operating activities                      $   18,676] $    18,579|$    19,359   $   19,946   $   20,573   $   21,155   $   21,632   $   22,149  $   22,449   $   21,345   $   21,454
 Cash flows from investing activities
    Payments for property, plant and equipment    ($   26,026) |($  26,999) }($  28,817) |($  25,774) ($  25,018) ($   23,534) ($   21,399) ($   19,324) ($   20,755) ($   18,785) ($   19,208) ($  17,648)
    Payments for intangible assets                ($    2,365) |($   1,400) |($   2,063) |($    450) ($      300) ($      300) ($      300) ($      300) ($      300) ($      300) ($     300) ($      300)
    Grants, subsidies, contributions and donations $     5.4191 $     6,712 | $    8,088 | $    6,840  $    3,663   $    3,936   $    3,936   $    3,236   $    3,236  $     3,436  $    3,036   $    3,436
    Other cash flows from investing activities    ($       32) | $       10 | $       10] $        10  $       10   $       11.  $       11.  $       11.  $       12  $        12  $       12   $       12
    Net cash flow from investing activities       ($   23,004) |($  21,677) |($  22,782) |\($ 19,374) ($   21,645) ($  19,887) ($   17,751) ($   16,377) ($   17,807) ($   15,637) ($   16,460) ($  14,500)
 Cash flows from financing activities
    Proceeds from borrowings                       $     2,475 | $      -    $       -    $       -    $       -    $      -     $      -     $      -    $       -    $       -    $      -     $      -
    Repayment of borrowings                       ($    3,320) |($   2,352) 1($   2,352) |($   2,508) ($    2,658) ($    2,817) ($   2,985) ($    3,166) ($    3,357) ($      466) ($     333) ($      344)
    Net cash flow from financing activities       ($      845)                            ($   2,508) ($    2,658) ($    2,817) ($   2,985) ($    3,166) ($    3,357) ($      466) ($     333) ($      344)
 Total cash flows
                                                  Ss
Net change   in cash and cash equivalent held     |($  10,697) |($ 5,352) |($    6,555) |($    2,522) ($    4,357) ($    2,130)  $      419   $    2,089   $     985   $     6347   $    4,552   $    6,611
 Opening cash and cash equivalents                 $    64,193]$     43,496|$    43,4961$     36,941   $   34,419   $   30,062   $   27,931   $   28,350   $   30,438  $   31,424   $   37,770   $   42,322
 Closing cash and cash equivalents                 $    53,496|$     38,144/$     36941]$     34,419   $   30,062   $   27,931   $   28350    $   30,438   $   31,424  $   37,770   $   42,322   $   48,933

 Note: The 2019/2020 opening cash balance reflects a $10 million early repayment of loan borrowings made at Council meeting
  dated 16 May 2019, and subsequent to adoption of the current budget on 18 April 2019.

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