|
|
|
| Cash Flows from Operating Activities |
| |
Consolidated |
|
Council |
| |
2009 |
2008 |
|
2009 |
2008 |
| |
$'000 |
$'000 |
Note |
$'000 |
$'000 |
| Cash Flows from Operating Activities |
|
|
|
|
|
| Receipts |
|
|
|
|
|
| Rates, Fees and Charges (inclusive of GST) |
393,511 |
340,625 |
|
281,802 |
250,527 |
| Grants and Other Contributions (inclusive of GST) |
23,961 |
19,134 |
|
23,768 |
19,019 |
| Interest |
8,758 |
9,610 |
|
7,887 |
8,466 |
| Dividends Received |
38 |
46 |
|
8,240 |
3,803 |
| Tax equivalents |
- |
- |
|
3,282 |
3,701 |
| Other (including Sales and Recoveries) (inclusive of GST) |
28,072 |
27,500 |
|
23,516 |
18,426 |
| Payments |
|
|
|
|
|
| Employee benefit expense |
(128,745) |
(124,560) |
|
(85,670) |
(75,770) |
| Materials and Services (inclusive of GST) |
(218,414) |
(193,037) |
|
(189,096) |
(161,399) |
| Other (inclusive of GST) |
(4,381) |
(8,844) |
|
(3,571) |
(8,381) |
| Net Cash provided by Operating Activities |
102,799 |
70,472 |
17(a) |
70,159 |
58,394 |
| Cash Flows from Investing Activities |
|
|
|
|
|
| Proceeds from sale of property, infrastructure, plant and equipment |
1,420 |
10,674 |
|
1,420 |
10,673 |
| Payments for property, infrastructure, plant and equipment |
(97,167) |
(77,957) |
|
(77,973) |
(62,989) |
| Investment in Sustainable Melbourne Fund |
- |
- |
|
(1,170) |
- |
| Joint Venture Payments |
- |
- |
|
(580) |
- |
| Loans to subsidiaries |
- |
- |
|
111 |
76 |
| Net Cash used by Investing Activities |
(95,747) |
(67,283) |
|
(78,192) |
(52,240) |
| Cash Flows from Financing Activities |
|
|
|
|
|
| Proceeds from borrowings |
(3,100) |
1,200 |
|
- |
- |
| Fianance costs (inclusive of GST) |
(12,793) |
(4,783) |
|
(2,026) |
(2,115) |
| Net Cash used by Financing Activities |
(15,893) |
(3,583) |
|
(2,026) |
(2,115) |
| Net Increase/(decrease) in Cash Held |
(8,841) |
(394) |
|
(10,059) |
4,039 |
| Cash at beginning of the financial year |
134,586 |
134,979 |
|
123,372 |
119,334 |
| Cash at end of the financial year |
125,745 |
134,586 |
17(b) |
113,312 |
123,372 |
| The statement of cash flows should be read in conjunction with the accompanying notes to the financial statements. |
|
