Appendix E – Statement of Cash Flows Inflows/(Outflows

Forecast Budget Financial Plan Projections 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000

Cash flows from operating activities

Rates and charges Statutory fees and fines User fees Grants - operating Grants - capital Contributions - monetary Interest received 150,946 155,936 159,322 163,694 168,180 173,713 178,023 182,503 187,086 191,762 196,527 4,324 6,084 7,562 7,672 7,754 8,034 7,911 7,986 8,057 8,326 8,191 6,213 8,441 9,527 9,773 10,018 10,266 10,522 10,782 11,050 11,325 11,605 34,704 32,400 31,575 31,700 32,017 32,337 32,656 32,979 33,306 33,636 33,968 14,488 9,996 2,518 826 - - - - - - 4,059 4,935 3,045 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 700 758 797 1,197 1,497 1,697 1,697 1,697 1,697 1,697 1,696

Trust funds and deposits taken Other receipts Net GST refund 27,052 28,052 28,552 29,052 29,552 30,052 30,552 31,052 31,552 32,052 32,552 5,649 7,070 7,740 7,544 7,684 7,722 7,850 7,982 8,117 8,254 8,394 12,986 10,948 10,978 11,244 8,824 9,141 9,236 9,382 9,621 9,706 9,872

Employee costs Materials and services (90,105) (85,981) (86,119) (88,041) (90,346) (92,840) (95,070) (97,353) (99,690) (102,080) (104,533) (89,593) (85,273) (87,276) (89,244) (91,776) (89,648) (91,247) (92,682) (94,452) (96,237) (98,074)

Trust funds and deposits repaid

(27,052) (27,552) (28,052) (28,552) (29,052) (29,552) (30,052) (30,552) (31,052) (31,552) (32,052) Other payments (7,921) (4,792) (4,820) (4,906) (5,759) (5,084) (5,176) (5,261) (6,180) (5,451) (5,550)

Net cash provided by operating activities 46,450 61,022 55,349 53,959 50,593 57,838 58,902 60,515 61,112 63,438 64,596

Cash flow from investing activities

Payments for property, infrastructure, plant and equipment Proceeds from sale of property, plant and equipment (82,984) (63,362) (65,619) (66,250) (41,820) (43,319) (43,715) (44,313) (44,812) (45,308) (45,807)

1,527 704 706 680 815 686 686 686 686 686 686 Proceeds (payments) for investments 2,000 - - - - - - - - - -

Net cash used in investing activities (79,457) (62,658) (64,913) (65,570) (41,005) (42,633) (43,029) (43,627) (44,126) (44,622) (45,121)

Cash flow from financing activities

Finance costs Proceeds from borrowings Repayment of borrowings Interest paid - lease liability Repayment of lease liabilities

Net cash provided by (used in) financing activities

(2,924) (2,802) (2,730) (3,025) (3,248) (3,054) (2,787) (2,515) (2,221) (1,934) (1,666) - 6,120 15,000 15,000 - - - - - - (3,255) (3,372) (4,083) (5,505) (6,970) (7,204) (7,447) (7,682) (7,946) (7,057) (6,304) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (571) (689) (710) (731) (753) (775) (799) (823) (847) (873) (899)

(6,771) (765) 7,454 5,715 (10,996) (11,059) (11,060) (11,048) (11,043) (9,894) (8,900)

Net movement (39,778) (2,401) (2,110) (5,896) (1,408) 4,146 4,813 5,840 5,943 8,922 10,575 Opening cash and cash equivalents 154,563 114,785 112,384 110,274 104,378 102,970 107,116 111,929 117,770 123,712 132,634 Closing cash and cash equivalents 114,785 112,384 110,274 104,378 102,970 107,116 111,929 117,770 123,712 132,634 143,209