2014-12-15 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   15 DECEMBER 2014
                                        ATTACHMENT 1




                                        Page 28 of 36

ATTACHMENT 1
Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2015
As at 30-Nov-2014
                                                         Budget               Budget             Actual             Percentage
                                                           2015                YTD                 YTD             Annual Budget
                                                            $                    $                   $                   %

Revenue
      Recurrent Revenue
      Rates, levies and charges                            60,515,037           29,667,644          29,715,845                49%
      Fees and charges                                      9,516,517            4,215,694           4,647,068                49%
      Rental income                                         2,065,092                    -                   -                 0%
      Interest received                                     4,467,000            1,490,833           1,601,598                36%
      Tax equivalents                                         775,526               87,949              87,949                11%
      Profit from investments                                        -                   -                   -
      Other income                                          3,153,027            1,402,948           1,522,780                48%
      Grants, subsidies, contributions and donations        5,484,054            2,424,012           2,451,000                45%
                                                           85,976,253           39,289,080          40,026,240                47%
Expenses
      Recurrent Expenses
      Employee benefits                                    27,728,265           11,063,633          10,997,336                40%
      Materials and services                               38,093,683           13,570,411          12,933,021                34%
      Finance costs                                         2,524,711            1,153,529           1,065,753                42%
      Depreciation and amortisation                        17,523,468            7,301,445           7,301,445                42%
      Other expenses                                           84,000               50,344              54,139                64%
                                                           85,954,128           33,139,363          32,351,693                38%

Operating Result                                               22,124            6,149,717           7,674,547

Capital Revenue
      Capital contributions and donations                    1,843,100            767,958              892,887                48%
      Grants, subsidies, contributions and donations        2,810,000            1,132,678           1,311,678                47%
      Other capital revenue                                   427,000              121,917              92,913                22%

Capital Expenses
      Capital Expenses                                               -                   -                   -

Net Result                                                  5,102,224            8,172,270           9,972,025

Other Comprehensive Income
  Increase / (decrease) in asset revaluation surplus                 -                   -                   -
  Other Comprehensive Income                                         -                   -                   -
Total Other Comprehensive Income                                     -                   -                   -

Total Comprehensive Income                                  5,102,224            8,172,270           9,972,025

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