2016-09-12 General Committee Agenda

ATTACHMENT 1




  Page 18 of 19

ATTACHMENT 1
Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2017
As at 05-Sep-2016
                                                        Current             Current
                                                         Budget              Budget             Actual             Percentage
                                                          2017               YTD                 YTD             Annual Budget
                                                            $                   $                   $                   %

Revenue
      Recurrent Revenue
      Rates, levies and charges                            62,319,194          31,159,597          31,095,295                50%
      Fees and charges                                      4,358,451           1,371,102           1,452,134                33%
      Dividend income                                       1,651,805              60,889              60,889                 4%
      Interest received                                     4,155,093             273,834             343,159                 8%
      Tax equivalents                                       1,489,834             159,922             159,922                11%
      Sale of Goods and Major Services                      7,612,893           1,164,363           1,363,844                18%
      Sale of Contract & Recoverable Works                     15,970               2,662                 175                 1%
      Rental & Lease Income                                 1,237,656             251,178             262,959                21%
      Other income                                           625,369              128,525             152,427                24%
      Grants, subsidies, contributions and donations        5,540,665           1,280,795           1,282,021                23%
                                                           89,006,929          35,852,867          36,172,826                41%
Expenses
      Recurrent Expenses
      Employee benefits                                    28,522,967           4,374,994           4,389,078                15%
      Materials and services                               40,498,961           8,080,478           7,429,889                18%
      Finance costs                                         2,583,584             430,597             408,746                16%
      Depreciation and amortisation                        17,122,216           2,853,703           2,853,703                17%
      Other expenses                                           85,863              23,665              26,133                30%
                                                           88,813,591          15,763,437          15,107,548                17%

Operating Result                                              193,338          20,089,430          21,065,278
Capital Revenue
      Capital contributions and donations                   1,733,634             859,462             907,627                52%
      Grants, subsidies, contributions and donations        5,179,000             785,000             757,500                15%
      Other capital revenue                                         -                   -                   -
Total Capital Revenue                                       6,912,634           1,644,462           1,665,127

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