2015-01-12 General Committee Agenda Attachment 1 to Item 17 Noosa Council Report 2014

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    NOOSA SHIRE COUNCIL

    Statement of Financial Position
    As at 30 June 2014                                                                     Consolidated        Council]
                                                                                               2014             2014
                                                                                  Note           $                $
         Current Assets
              Cash assets and cash equivatents                                    14          28,893,012        28,893,012
              Trade and other receivables                                         15 (a)      18,806,278        18,806,278
              Inventories                                                         16             103,425           103,425
.                                                                                             47,802,715        47,802,715
         Non-current Assets
              Trade and other receivables                                         15 (b)      49,217,517        49,217,517
              Equity investments                                                  i7          62,016,970        60,978,225
              Property, plant and equipment                                       18 (b)     873,447,519      873,447,519
              Intangible assets                                                  20            2,268,600         2,268,600
                                                                                             986,950,606      985,911,861
              TOTAL ASSETS                                                                 1,034,753,321     1,033,714,576

         Current Liabilities
              Trade and other payables                                           21            6,669,789         6,669,789
             Provisions                                                          22            4,358,384         4,358,384
              Borrowings                                                          23           2,600,397         2,600,397
              Other                                                               24             831,140          831,140
                             :                                                                14,459,710        14,459,710
          Non-current Liabilities
              Provisions                                                          22           8,216,341         8,216,341
              Borrowings                                                          23          38,576,628        38,576,628
                                                                                              46,792,969        46,792,969
              TOTAL LIABILITIES                                                               61,252,679        61,252,679

          NET COMMUNITY ASSETS                                                               973,500,642       972,461,897

          Community Equity
              Retained surplus (deficiency)                                       25         973,500,642       972,461,897
          TOTAL COMMUNITY EQUITY                                                             973,500,642       972,461,897

     The above statement should be read in conjunction with the accompanying notes and Summary of Significant Accounting Policies.

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