2017-05-15 General Committee Agenda

ATTACHMENT 1




  Page 13 of 15

ATTACHMENT 1

 Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2017
As at 30 April 2017
                                                        Current           Current
                                                        Budget            Budget            Actual           Percentage
                                                          2017             YTD               YTD            Annual Budget
                                                           $                  $                 $                 %

Revenue
      Recurrent Revenue
      Rates, levies and charges                          62,319,194         62,319,194        62,410,128             100%
      Fees and charges                                     4,884,237         4,335,359         4,689,457              96%
      Dividend income                                      1,651,805          642,410            642,410              39%
      Interest received                                    4,415,093         3,623,638         3,806,790              86%
      Tax equivalents                                      1,489,834          931,470            931,470              63%
      Sale of Goods and Major Services                     7,937,430         6,746,394         7,229,241              91%
      Sale of Contract & Recoverable Works                   15,970             13,308             2,463              15%
      Rental & Lease Income                                1,260,843         1,077,847         1,182,090              94%
      Other income                                          788,964           697,020            951,649             121%
      Grants, subsidies, contributions and donations       5,645,142         4,556,209         4,563,578              81%
                                                         90,408,512         84,942,851        86,409,276              96%
Expenses
      Recurrent Expenses
      Employee benefits                                  28,798,222         23,068,365        22,849,744              79%
      Materials and services                             40,901,558         31,303,493        30,005,588              73%
      Finance costs                                        2,583,584         2,152,987         2,049,812              79%
      Depreciation and amortisation                       17,445,216        14,621,589        14,621,589              84%
      Other expenses                                         85,863             75,930            92,713             108%
                                                         89,814,444         71,222,364        69,619,445              78%

Operating Result                                            594,068         13,720,487        16,789,831

Capital Revenue
      Capital contributions and donations                  1,741,636         1,564,857         6,682,811             384%
      Grants, subsidies, contributions and donations       4,788,731         1,531,376         1,574,513              33%
      Other capital revenue                                        -                 -                 -

Total Capital Revenue                                      6,530,367         3,096,233         8,257,324

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