2015-10-19 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   19 OCTOBER 2015




                                      Page 12 of 18

GENERAL COMMITTEE MEETING AGENDA                                                                             19 OCTOBER 2015

     Noosa Council
     Statement of Comprehensive Income
     For the Year Ended 30 June 2016
     As at 30-Sep-2015
                                                            Current              Current
                                                             Budget              Budget              Actual            Percentage
                                                              2016                 YTD                 YTD            Annual Budget
                                                                $                   $                   $                   %

     Revenue
          Recurrent Revenue
          Rates, levies and charges                            60,463,174          30,231,587           30,208,602                50%
          Fees and charges                                      4,807,279            2,132,381           2,481,133                52%
          Dividend income                                        1,925,140                   -                 42                  0%
          Interest received                                     4,568,059            1,181,474           1,213,694                27%
          Tax equivalents                                        1,088,812            250,124             290,124                 23%
          Sale of Goods and Major Services                      7,274,896            1,764,975           1,843,488                25%
          Sale of Contract & Recoverable Works                     15,364               3,841              (8,961)               -98%
          Rental & Lease Income                                  1,173,953            271,469             244,837                 21%
          Other income                                            598,949             139,300             231,047                 39%
          Grants, subsidies, contributions and donations        5,394,440            2,188,868           2,195,265                41%
                                                               87,310,066          38,164,018           38,659,272                44%
     Expenses
          Recurrent Expenses
          Employee benefits                                    27,654,844            6,669,650           6,660,533                24%
          Materials and services                               39,112,272           11,074,631          10,071,877                26%
          Finance costs                                         2,686,315             665,329             687,122                 26%
          Depreciation and amortisation                        16,630,163           4,157,541            4,157,541                25%
          Other expenses                                          121,828              32,929              32,540                 27%
                                                               86,205,421          22,600,079           21,609,613                25%

     Operating Result                                            1,104,644          15,563,939          17,049,658

     Capital Revenue
          Capital contributions and donations                    1,606,029            401,507             405,748                 25%
          Grants, subsidies, contributions and donations        2,072,221             416,170             430,768                 21%
          Other capital revenue                                          -                   -               3,601

     Capital Expenses
          Capital Expenses                                               -                   -                   -
     Net Result                                                 4,782,895           16,381,616          17,889,776

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

     Total Comprehensive Income                                 4,782,895           16,381,616          17,889,776

                                                                                                                     Page 12 of 18