2017-08-17 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA   17 AUGUST 2017
                          ATTACHMENT 2




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ORDINARY MEETING AGENDA                                                                                  17 AUGUST 2017
$s                                                                                                      ATTACHMENT 2

    Noosa Council
    Statement of Financial Position
    For the Year Ended 30 June 2018
    As at 31 July 2017
                                                                                     Consolidated
                                                                          2018                   2018
                                                                      Forecast                    YTD                    2017
                                                                        ($'000)                ($'000)                 ($'000)
    Current Assets
         Cash and cash equivalents                                       48,418                 65,390                  65,463
         Trade and other receivables                                      8,381                 36,040                   7,101
         Inventories                                                        156                    144                     144
         Other current assets                                               468                  1,959                   2,796
                                                                         57,424                103,533                  75,504
         Non Current Assets held for sale                                     -                       -                      -
    Total Current Assets                                                 57,424                103,533                  75,504

    Non Current Assets
         Trade and other receivables                                     49,218                 49,218                  49,218
         Other non current Assets                                             -                       -                      -
         Investments                                                     69,141                 60,978                  60,978
         Investment property                                              4,150                  4,405                   4,405
         Property, plant and equipment                                  935,214                913,593                913,119
         Intangible assets                                                3,837                  3,568                   3,497
    Total Non Current Assets                                          1,061,560              1,031,761               1,031,217

    Total Assets                                                      1,118,984              1,135,294               1,106,721

    Current Liabilities
         Trade and other payables                                         4,501                 12,816                  12,024
         Borrowings                                                       3,040                  3,926                   3,745
        Provisions                                                        4,394                  4,069                   4,076
         Other                                                              548                    557                    645
    Total Current Liabilities                                            12,483                 21,369                  20,489

    Non Current Liabilities
         Trade and other payables                                             -                       -                      -
         Borrowings                                                      35,005                 34,291                  34,291
        Provisions                                                        9,305                  9,843                   9,843
    Total Non Current Liabilities                                       44,310                  44,133                  44,133

    Total Liabilities                                                    56,793                 65,502                  64,623
    Net Community Assets                                             1,062,191              1,069,792               1,042,098

    Community Equity
         Asset Revaluation Surplus                                       46,961                 26,883                  26,883
         Retained Surplus / (Defeciency)                                      -                       -                      -
         Shire Capital                                                1,015,230                999,223                999,223
         Current Year Net Earnings                                            -                 43,686                  15,991
    Total Community Equity                                           1,062,191              1,069,792               1,042,098

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