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Annual Report 2017-18

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                                                                          Financial Statements 2018



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2018

Note 7. Finance Costs
                                                                                2018              2017
                                                                  Notes         $'000             $'000


Finance costs - Queensland Treasury Corporation                                 2,104            2,187
Bank Charges                                                                      118              104
Impairment of Debts                                                                13               17
Landfill Restoration                                                               94            2,065
Other                                                                               -                1

TOTAL FINANCE COSTS                                                            2,329            4,374




Note 8. Capital Expenses
                                                                                 2018             2017
(a) Revaluation decrement

Downwards Revaluation of Property, Plant and Equipment (Roads &
Bridges Network)                                                   12         23,437                  -
Downwards Revaluation of Investment Property                       11            238                  -
                                                                             23,675                   -

(b) Other capital expenses

Loss on Write-Off of Assets and Disposal of Assets                                599            1,563
                                                                                 599            1,563

TOTAL CAPITAL EXPENSES                                                       24,274             1,563




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