2017/2018 Annual Report

Statement of Cash Flows
for the year ended 30 June 2018
$’s 2018 2017
Cash Flows from Operating Activities
Receipts
Rates Receipts 36,245,400 34,843,249
Statutory Charges 1,181,304 1,099,239
User Charges 6,180,211 5,099,937
Grants, Subsidies and Contributions (operating purpose) 5,664,482 4,157,544
Investment Receipts 377,725 207,804
Reimbursements 1,540,296 1,306,051
Other Receipts 2,970,447 2,885,890
Payments
Payments to Employees (13,071,745) (12,651,596)
Payments for Materials, Contracts & Other Expenses (22,508,848) (22,350,861)
Finance Payments (18,547) (6,240)
Net Cash provided by (or used in) Operating Activities 18,560,725 14,591,017
Cash Flows from Investing Activities
Receipts
Amounts Received Specifically for New / Upgraded Assets 242,734 978,908
Sale of Replaced Assets 138,988 248,518
Sale of Surplus Assets – 350,000
Repayments of Loans by Community Groups 2,710 4,734
Payments
Expenditure on Renewal / Replacement of Assets (5,901,160) (4,860,310)
Expenditure on New / Upgraded Assets (2,230,497) (4,664,780)
Net Cash provided by (or used in) Investing Activities (7,747,225) (7,942,930)
Cash Flows from Financing Activities
Receipts
Proceeds from Bonds & Deposits 92,278 361,035
Payments
Repayments of Borrowings (116,191) (8,188)
Repayments of Bonds & Deposits (569,252) (331,998)
Net Cash provided by (or used in) Financing Activities (593,165) 20,849
Net Increase (Descrease) in Cash Held (10,220,335) 6,668,936
plus: Cash & Cash Equivalents at beginning of period 11,144,648 4,475,712
Cash & Cash Equivalents at end of period 21,364,983 11,144,648
Campbelltown City Council
Annual Report 2017 / 2018
55