2017-03-13 General Committee Agenda

ATTACHMENT 1




  Page 32 of 34

ATTACHMENT 1

Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2017
As at 06-Mar-2017
                                                        Current              Current
                                                         Budget              Budget               Actual            Percentage
                                                          2017                YTD                  YTD            Annual Budget
                                                            $                   $                    $                   %

Revenue
      Recurrent Revenue
      Rates, levies and charges                            62,319,194          62,319,194           62,386 696               100%
      Fees and charges                                      4,487,451            3,368,184           4,058,410                90%
      Dividend income                                       1,651,805             703,214              703,214                43%
      Interest received                                     4,315,093            2,569,981           2,661,480                62%
      Tax equivalents                                       1,489,834             865,664              865,664                58%
      Sale of Goods and Major Services                      7,622,843            5,161,329           5,767,722                76%
      Sale of Contract & Recoverable Works                     15,970              10,647                2,323                15%
      Rental & Lease Income                                 1,237,656             871,771              974,147                79%
      Other income                                            718,630             551,744              708,439                99%
      Grants, subsidies, contributions and donations        5,591,811            3,825,339           3,867,451                69%
                                                           89,450,287          80,247,066           81,995,546                92%
Expenses
      Recurrent Expenses
      Employee benefits                                    28,636,365           18,479,992          18,363,731                64%
      Materials and services                               40,561,935          25,405,748           24,729,516                61%
      Finance costs                                         2,583,584            1,722,389           1,647,290                64%
      Depreciation and amortisation                        17,122,216           11,414,811          11,664,051                68%
      Other expenses                                           85,863              66,597               68,971                80%
                                                           88,989,963          57,089,536           56,473,558                63%

Operating Result                                              460,324          23,157,530           25,521,987

Capital Revenue
      Capital contributions and donations                   1,733,634            1,396,717           2,591,902               150%
      Grants, subsidies, contributions and donations        5,179,000            1,266,254           1,424,513                28%
      Other capital revenue                                         -                    -                   -

Total Capital Revenue                                       6,912,634            2,662,971           4,016,416

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