Liverpool City Council Statement of Accounts 2005/06
CASH FLOW STATEMENT
This statement summarises the inflows and outflows of cash arising from transactions with third parties for revenue and capital purposes. 2004/05 £’000 Note 2005/06 £’000
Revenue Activities
491,082 527,825 138,819 44,226 113,802 11,278 20,879 Cash Outflows Cash Paid to and on behalf of Employees Other Operating Cash Payments Housing Benefit Payments Levies paid to Levying Authorities Non-domestic rates paid to National Pool Pooling of Capital Receipts Precepts 518,153 579,952 142,949 47,491 116,340 12,224 21,524 1,438,633
1,347,911 Total Payments Cash Inflows Rent (after Rebates) Council Tax receipts Community Charge receipts Non-Domestic Rates collected Non-Domestic Rates from National Pool Revenue Support Grant DWP grant for Benefits Other government grants Receipts for goods and services
(15,369) (95,882) (282) (110,465) (126,038) (367,883) (220,841) (335,388) (137,013)
3 3 3 3
(14,213) (105,541) (255) (115,330) (154,189) (367,670) (227,638) (395,755) (135,641) (1,516,232) (77,599)
(1,409,161) Total Receipts (61,250) Net Cash Inflows from Revenue Activities (A) Return on Investments and Servicing of Finance 52,363 Interest Paid 0 Interest on Finance Lease Rental Payments (1,766) Interest Received 50,597 Net Cash Outflow from Servicing Finance (B)
1
48,504 911 (3,479) 45,936
Capital Activities
Cash Outflows 151,510 Purchase of Fixed Assets and Capital Grants made Cash Inflows (26,332) Sale of Fixed Assets (90,792) Capital Grants (117,124) 34,386 Net Cash Outflow From Capital Activities (C) 23,733 Net Cash (Inflow)/Outflow before Financing (A+B+C) 192,784
(25,972) (129,581) (155,553) 37,231 5,568
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Liverpool City Council Statement of Accounts 2005/06
2004/05 £’000 Management of Liquid Resources 8,000 Movement in Short-term Investments 8,000 Net Cash (Inflow)/Outflow from Resources Financing Cash Outflows 200,019 Repayments of Long-term Borrowing 133,539 Repayment of Short-term Borrowing 0 Finance Lease Principal Payments Cash Inflows (240,000) New Long-term Loans Raised (129,014) New Short-term Loans Raised (35,456) Net Cash (Inflow)/Outflow from Financing (3,723) Net (Increase)/Decrease in Cash 2 2
2005/06 £’000 6,570 6,570
Liquid
2
114,801 100,575 3,157 (140,000) (109,100) (30,567) (18,429)
Reconciliation to Movement in Cash Balances 3,723 Movement in Cash Balances 3,723 Net Increase/(Decrease) in Cash
2
18,429 18,429
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Liverpool City Council Statement of Accounts 2005/06
NOTES TO THE CASH FLOW STATEMENT
1. Reconciliation of Revenue Activities
This statement reconciles the net surplus or deficit on the revenue account to the “Net Cash Flow from Revenue Activities” (A). £’000 (Surplus)/Deficit for year General Fund Housing Revenue Account Collection Fund Non-Cash Transactions Minimum Revenue Provision Decrease in Provisions Increase in Bad Debt Provisions Revenue Contributions to Capital Net Contributions to/from Reserves Accruals Decrease in stocks and work in progress Decrease in Creditors Increase in Debtors Increase in prepayments by the Council Decrease in prepayments to the Council Less: Items classified in other Cash Flow headings Servicing of Finance Costs Net Cash Inflow from Revenue Activities (6,323) (4,623) 10,206 (740) (7,865) 3,277 (14,125) (629) (19,194) (7) 577 5,880 37 1,127 (45,937) (77,599) £’000
2. Reconciliation to Balance Sheet This reconciles the items in the “Management of Liquid Resources”, “Financing” and “Movement in Cash Balances” sections to the opening and closing balance sheets.
Balance 31/3/05 £’000 Management of Liquid Resources Temporary Investments Financing Long-term Borrowing Short-term Loans 23,693 (685,186) (145,475) (10,158) (840,819) 6,488 Cash flow £’000 6,570 (40,199) 6,475 3,157 (30,567) 18,429 Other £’000 Balance 31/3/06 £’000 30,263 (725,385) (139,000) (10,249) (874,634) 24,917
Finance Lease Principal Movement in Cash Cash Balance
(3,248) (3,248)
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Liverpool City Council Statement of Accounts 2005/06
3. Government Grants 2005/06
The government grants shown on the Cash Flow Statement represent the cash received by the Council and may differ from the amounts included within gross income figures in the Consolidated Revenue Account, which is prepared on an accruals basis. This table summarises cash received as government grants. £’000 Revenue Support Grant Rent Allowances/Council Tax Benefit Subsidy NNDR from National Pool Details of Other government grants: Housing Subsidy Hsg Mkt Renewal Fund Education Support Grant NRF Grant LSC Schools Post 16 Objective One English Partnership Supp. New Deal for Communities Early Years Dev & C’care P’ship School Standards PFI Grant Access and Systems Capacity Grant Threshold Pay Teachers Sure Start LSC Adult and Comm. Learning Preserved Rights NWDA Assisted Projects DoEmp - European Social Fund Leadership Pay – Teachers E-Govt, Implementation Support LPSA Grant Residential Allowance Single Regeneration Children’s Fund Independence Grant Drug intervention Programme Other (Grants under £2m) 367,670 227,638 154,189 749,497 71,869 52,796 42,868 34,443 24,995 23,157 19,776 9,281 9,024 8,206 7,878 7,337 6,595 5,968 5,164 4,988 3,721 3,634 3,609 3,423 2,900 2,895 2,878 2,497 2,358 2,227 31,268 395,755 1,145,252
Total Grants
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