2018-07-16 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   16 JULY 2018




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GENERAL COMMITTEE MEETING AGENDA                                                                        16 JULY 2018

  Noosa Council
  Statement of Financial Position
  For the Year Ended 30 June 2018
  As at 30 June 2018

                                                       Current Budget          Actual (Interim)                 Actual
                                                                  2018                    2018                    2017
                                                                 ($'000)                ($'000)                 ($'000)
  Current Assets
       Cash and cash equivalents                                 51,236                  64,229                  65,463
       Trade and other receivables                                8,633                   6,944                   7,101
       Inventories                                                  330                    326                     330
       Other current assets                                         479                   4117                    2,796
                                                                 60,678                  75,615                  75,690
       Non Current Assets held for sale                                -                      -                       -
  Total Current Assets                                           60,678                  75,615                  75,690
  Non Current Assets
       Trade and other receivables                               49,218                  49,218                  49,218
       Other non current Assets                                        -                      -                       -
       Investments                                               73,332                  60,978                  60,978
       Investment property                                        4,405                   4,405                   4,405
       Property, plant and equipment                            948,173                 910,464                 913,152
       Intangible assets                                          5,214                   4,862                   3,497
  Total Non Current Assets                                     1,080,343              1,029,927               1,031,249
  Total Assets                                                 1,141,021              1,105,542               1,106,939
  Current Liabilities
       Trade and other payables                                   4,619                   9,791                  11,819
       Borrowings                                                 3,277                   1,849                   3,745
      Provisions                                                  4,178                   2,559                   4076
       Other                                                        655                    757                     645
  Total Current Liabilities                                      12,728                  14,957                  20,285

  Non Current Liabilities
       Trade and other payables                                        -                      -                       -
       Borrowings                                                32,938                  34,291                  34,291
       Provisions                                                10,077                   9,879                   9,843
  Total Non Current Liabilities                                  43,015                  44,169                  44,133
  Total Liabilities                                              55,743                  59,126                  64,418

  Net Community Assets                                        1,085,277              1,046,417               1,042,521
  Community Equity
       Asset Revaluation Surplus                                 46 269                  41,739                  26,892
       Retained Surplus / (Defeciency)                                 -                      -                       -
       Shire Capital                                           1,036,008                991,874               1,000,677
       Current Year Net Earnings                                       -                 12,804                  14,951
  Total Community Equity                                      1,082,277              1,046,417               1,042,521

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