2020-04-30 Ordinary Meeting Agenda

ATTACHMENT 1




  Page 14 of 60

ATTACHMENT 1

  Profit and Loss Statement

  Revenue
      Recurrent Revenue
      Rates, levies and charges                                68,702          68,702           69,162              461        101%
      Fees and charges                                          6,642            5,236           5,390              154         81%
      Interest received                                         1,410            1,067            1,259             192         89%
      Sale of Goods and major services                         10,127            7,487           7,133             (353)        70%
      Sale of contract and recoverable works                      23                 -               1                1         5%
      Rental & lease income                                     1,296            1,039            944               (95)        73%
      Other income                                               985              768              889              121         90%
      Grants, subsidies, contributions and donations            4,999            3,045           3,224              179         64%
      Unitywater Distributions                                  5,650            3,089           3,089                 -        55%
                                                              99,833           90,432           91,091              659         91%
  Expenses
      Recurrent Expenses
      Employee benefits                                        33,517          24,212           23,480             (732)        70%
      Materials and services                                  45,863           32,475           31,791             (683)        69%
      Finance costs                                             1,528            1,146            1,197              51         78%
     Depreciation                                              18,713           14,035          14,063               28         75%
      Other expenses                                             188              158              161                3         85%
                                                              99,809           72,026           70,692           (1,334)        71%
OperatingResult                                                               18,406           20,309              998
  Summary of Capital Revenue and Expenditure
  Capital Funding
      Capital cash contributions and infrastructure charges     2,134            1,662            1,710              48         80%
      Contributed assets                                        2,000             124              124                 -        6%
      Capital grants and subsidies                              5,281            2,650           5,008            2,358         95%
      Cash / revenue                                           27,337           19,410          15,220           (4,190)        56%
      New loan borrowings                                           -                -                -                -        0%
      Other capital revenue                                         -                -                -                -        0%
 Total CapitalRevenue                                        86,753           23,845           22,062          (TBA)
  Capital Expenditure
      Contributed assets                                        2,000             124              124                 -        6%
      Capital works - constructed assets                       26,091           16,795          13,637           (3,158)        52%
      Capital works - other capital                             4,781            3,047            1,894          (1,153)        40%
      Loan repayments                                           3,880            3,880           3,950               70        102%
      Other capital expenses                                        -                -           2,457            2,457         0%
Total Capital Expenditure =                                   86,753           23,845          22,062           (4.784)

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