Financial Statements Forecast Statement of Cashflows Forecast Statement of Cash Flows for year ending 30 June: AP 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 $000s $000s $000s $000s $000s $000s $000s $000s $000s $000s $000s Cash flows from operating activities: Receipts from rates revenue 64,055 67,202 71,042 75,245 78,862 83,201 86,599 89,616 92,575 95,356 97,516 Sale of inventory - 10,769 - - - - - - - - - Interest received 2,369 1,899 2,207 2,716 3,448 4,237 4,114 4,012 3,923 4,062 3,875 Dividends received 874 2,675 2,910 3,174 3,227 3,453 4,008 4,658 4,872 5,052 5,297 User charges and other revenues 40,804 47,585 44,367 40,708 41,975 44,045 45,165 47,916 48,187 51,783 52,127 Payments to suppliers and employees (80,242) (87,603) (85,603) (85,151) (87,110) (89,211) (90,729) (92,874) (94,766) (99,067) (101,253) Interest paid (2,322) (3,460) (4,610) (6,395) (8,120) (9,675) (10,220) (10,367) (10,108) (9,821) (8,934) Net cash flows from operating activities 25,538 39,067 30,313 30,297 32,282 36,050 38,937 42,961 44,683 47,365 48,628 Cash flows from investing activities: Sale of assets 27,774 10,383 3,405 4,329 6 3,105 11 38 9 21 36 Movements in investments 500 3,223 (10,264) (17,213) (24,942) (25,216) 7,892 6,615 6,592 (917) 9,000 Purchase of fixed assets (62,269) (63,360) (64,500) (60,226) (50,501) (53,089) (50,873) (4080,4 ) (37,642) (39,005) (31,389) Net cash flows from investing activities (33,995) (49,754) (71,359) (73,110) (75,437) (75,200) (42,970) (33,827) (31,041) (39,901) (22,353) Cash flows from financing activities: Movement in borrowings (external) 8,000 10,277 41,264 42,713 43,442 39,216 3,608 (9,115) (13,592) (7,583) (26,000) Net increase/(decrease) in cash (457) (410) 218 (100) 287 66 (425) 19 50 (119) 275 Cash and cash equivalents: at the beginning of the year 943 464 54 272 172 459 525 100 119 169 50 at the end of the year 486 54 272 172 459 525 100 119 169 50 325 2018-2028 Long Term Plan Page 239