Meeting papers

Attachment 3 - Statement of Cash Flows

Noosa Council
Statement of Cash Flows
For the Year Ended 30 June 2024
As at 31 July 2023
                                                                          Current     Actual            Actual
                                                                          Budget         YTD          Full Year
                                                                             2024       2024               2023
                                                                           ($'000)    ($'000)           ($'000)

Cash flows from operating activities

     Cash Flows from Operating Activities

     Receipts from Customers                                               114,889     11,802           116,551
     Payments to Suppliers and Employees                                  (109,469)    (9,258)         (111,767)
                                                                             5,420      2,544             4,784
     Receipts:
     Investment and Interest Revenue Received                                4,670        477             7,032
     Rental Income                                                           1,723        148             1,747
     Non Capital Grants and Contributions                                    6,189      1,344             6,941
     Income Tax Equivalent Received                                          2,000        158             1,450
     Income from Equity Investments                                          2,100          -             1,900
     Payments:
     Borrowing Costs                                                             -          -                 -
     Interest Expense                                                         (912)        (1)             (162)

     Net Cash Inflow/(Outflow) from Operating Activities                   21,190       4,671           23,691

Cash Flows from Investing Activities

     Receipts:
     Proceeds of Sale of Property, Plant and Equipment                          -           -              153
     Grants, Subsidies, Contributions and Donations                        10,094          81           40,133
     Payments:
     Payments of Property, Plant and Equipment                             (38,208)    (2,337)          (45,316)
     Payments for Intangible Assets                                              -        (17)             (261)
     Net Movement in Loans and Advances                                          -          -               125

     Net Cash Inflow/(Outflow) from Investing Activities                   (28,114)    (2,273)           (5,167)

Cash Flows from Financing Activities

     Receipts:
     Proceeds from Borrowings                                                3,146          -                 -
     Payments:
     Repayment of Borrowings                                                  (798)         -            (1,653)

     Net Cash Inflow/(Outflow) from Financing Activities                     2,348          -            (1,653)

     Net Increase/(Decrease) in Cash and Cash Equivalents held              (4,576)     2,398           16,872

     Cash and Cash Equivalents at the beginning of the reporting period    87,599     115,373           98,501

     Cash and Cash Equivalents at the end of the reporting period          83,023     117,772          115,373




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