Noosa Council Annual Report 24/25

Assets – what we own                                                                                    Liabilities – what we owe

Current assets are represented by cash, investments,                                                    Money owed by Council is presented as both current and non-current liabilities in the statement of financial
inventories and receivables (money owed to Council).                                                    position. Current liabilities are those amounts that are payable by Council within the next twelve months, and
Council’s current assets as at 30 June 2025 equated                                                     non-current liabilities are payable beyond the twelve month horizon.
to $131.1 million.
                                                                                                        The most significant elements are loans raised by Council to fund investment in community infrastructure
Non-current assets of $1.5 billion includes property,                                                   and provisions for future landfill restoration works. Total loans increased as funds were drawn down to fund
plant and equipment totalling $1.4 billion, as well                                                     infrastructure works relating to the landfill expansion. Council’s annual loan repayment schedule was met.
as the value of Council’s investment in Unitywater.                                                     The most significant elements are loans raised by Council to fund investment in community infrastructure
Property, Plant and Equipment represents community                                                      and provisions for future landfill restoration works. Total loans increased as funds were drawn down to fund
infrastructure which includes roads, bridges,                                                           infrastructure works relating to the landfill expansion. Council’s annual loan repayment schedule was met.
stormwater, buildings, land and other operational assets
owned and controlled by Council.
                                                                                                        Statement of Changes in Equity
The main non-current asset categories and their
respective values are shown in the Figure 8.                                                            The Statement of Changes in Equity illustrates how the net worth of Council has changed as a result of
                                                                                                        activities undertaken during the period. Council’s total community equity as at 30 June 2025 is $1.5 billion.
Figure 8 - Non-Current Assets and Community Infrastructure 2024/25 ($’000)
                                                                                                        Community equity is equal to total assets (what we own) less total liabilities (what we owe) and represents




                                                                                                                                                                                                                                         Noosa Council Annual Report 24/25
                                                       Work in Progress                                 Council’s net investment in assets.
                                                       $110,312

                                                                                                        Figure 9 shows the movement in Community Equity since the De-Amalgamation of Council in 2014.
                  Parks & Other Infrastructure
                  $66,182
                                                                               Land & Improvements      Figure 9 - Community Equity movement
                                                                               $343,449

                                                                                                        $1,600,000

   Stormwater & Drainage Network
   $152,070                                                                                             $1,400,000



                                                                                                        $1,200,000
             Intangible Assets
             $218
                                                                                                        $1,000,000


                                                                                      Buildings          $800,000
                                                                                      $83,822

                                                                                    Plant & Equipment    $600,000
                                                                                    $8,201

                                                                                                         $400,000



                                                                                                         $200,000



                                                       Road & Bridge Network                                   $0
                                                       $587,273
                                                                                                                     2014/15   2015/16   2016/17   2017/18   2018/19         2019/20   2020/21   2021/22   2022/23   2023/24   2024/25




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