Meeting papers

Noosa Shire Council
2023/24 Budget Statements                                                                                                                                               STATEMENT OF CASH FLOWS
For the period ending 30 June
                                                        Current        Original
Annual Result                                                                          BR 1                                                               Forecast
                                                        Budget         Budget
                                                         2023           2024           2024          2025           2026          2027          2028          2029          2030          2031          2032          2033
Statement of Cash Flows                                  $,000          $,000          $,000         $,000          $,000         $,000         $,000         $,000         $,000         $,000         $,000         $,000

Cash flows from operating activities
  Receipts from customers                           $ 105,357 $ 114,889 $ 114,889 $                   118,772 $ 122,299 $ 125,633 $ 129,076 $ 132,505 $ 136,136 $ 139,737 $ 143,465 $ 147,173
  Payments to suppliers and employees              ($ 109,818) ($ 109,469) ($ 110,529) ($            111,368) ($ 113,575) ($ 115,806) ($ 118,733) ($ 121,869) ($ 125,140) ($ 128,430) ($ 131,671) ($ 134,939)
  Dividend received                                 $    3,350 $     4,100 $     4,100 $                4,100 $     4,100 $     4,100 $     4,100 $     4,100 $     4,100 $     4,100 $     4,100 $     4,100
  Interest received                                 $    5,800 $     4,670 $     4,670 $                3,734 $     3,599 $     3,567 $     3,526 $     3,493 $     3,484 $     3,521 $     3,530 $     3,547
  Rental income                                     $    1,616 $     1,723 $     1,723 $                1,797 $     1,852 $     1,891 $     1,929 $     1,967 $     2,007 $     2,047 $     2,088 $     2,129
  Non-capital grants and contributions              $    5,707 $     6,189 $     6,189 $                5,588 $     5,628 $     5,733 $     5,842 $     5,948 $     6,061 $     6,174 $     6,291 $     6,406
  Borrowing costs                                  ($     699) ($     912) ($     661) ($              1,029) ($   1,276) ($   1,221) ($   1,167) ($   1,105) ($   1,044) ($     980) ($     916) ($     845)
  Other cash flows from operating activities        $      -    $      -    $      -    $                 -    $      -    $      -    $      -    $      -    $      -    $      -    $      -    $      -
  Net cash flow from operating activities          $      11,313   $     21,191    $    20,381   $     21,593   $    22,627   $    23,898   $    24,572   $    25,039   $    25,604   $    26,169   $    26,887   $    27,571

Cash flows from investing activities
  Payments for property, plant and equipment       ($    55,410) ($      38,208) ($    40,253) ($      64,216) ($   69,559) ($    36,148) ($    30,328) ($    28,700) ($    25,745) ($    29,589) ($    28,115) ($    27,697)
  Payments for intangible assets                   ($       229) $           -    $        -    $          -    $       -    $        -    $        -    $        -    $        -    $        -    $        -    $        -
  Grants, subsidies, contributions and donations    $     28,533 $        10,094 $      10,094 $        25,466 $     44,791 $       9,626 $       3,880 $       3,548 $       3,898 $       4,850 $       3,304 $       3,324
  Other cash flows from investing activities        $        -    $          -    $        -    $          -    $       -    $        -    $        -    $        -    $        -    $        -    $        -    $        -
  Net cash flow from investing activities          ($    27,106) ($      28,115) ($    30,159) ($      38,750) ($   24,768) ($    26,523) ($    26,448) ($    25,152) ($    21,847) ($    24,739) ($    24,811) ($    24,373)

Cash flows from financing activities
  Proceeds from borrowings                          $      5,759 $         3,146 $       8,905 $         6,500 $        -    $          1 $           1 $         -    $        -    $        -    $        -    $        -
  Repayment of borrowings                          ($       868) ($         798) ($     1,048) ($       1,364) ($    1,615) ($     1,668) ($     1,722) ($     1,785) ($     1,846) ($     1,910) ($     1,973) ($     2,044)
  Net cash flow from financing activities          $       4,891   $       2,348   $     7,857   $      5,136 ($     1,615) ($     1,667) ($     1,721) ($     1,785) ($     1,846) ($     1,910) ($     1,973) ($     2,044)

Total cash flows
Net change in cash and cash equivalent held        ($    10,902) ($       4,576) ($     1,922) ($      12,021) ($    3,756) ($     4,292) ($     3,597) ($     1,897)   $     1,911 ($       479)   $       103   $     1,154
Opening cash and cash equivalents                  $      98,501   $     87,599    $    87,599   $     85,677   $    73,655   $    69,900   $    65,608   $    62,011   $    60,114   $    62,024   $    61,545   $    61,648
Closing cash and cash equivalents                  $      87,599   $     83,023    $    85,677   $     73,655   $    69,900   $    65,608   $    62,011   $    60,114   $    62,024   $    61,545   $    61,648   $    62,802




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