2017-11-07 S&O Agenda - Attachment 1 to Item 10 - Annual Report 2016-17

Noosa Shire Council

Statement of Financial Position
 as at 30 June 2017

                                                                                                                                   Restated
                                                                                                                     2017                2016
                                                                                                Notes                $'000               $'000

ASSETS
Current Assets
Cash and Cash Equivalents                                                                         8            65,463                52,586
Trade and Other Receivables                                                                       g             9,899                 8,572
Inventories                                                                                                       330                   156
                                                                               -    ---
Total Current Assets                                                                                           75,692                61,314

Non-Current Assets
Trade and Other Receivables                                                                       9           49,218                49,218
Equity Investments                                                                               22           73,332                69,141
Investment Property                                                                              10            4,405                 4,150
Property, Plant and Equipment                                                                    11          913,151               908,689 *
Intangible A~se~                                                                                 13            3,49,7                ·- ?,61-:l
Total Non-Current Assets                                                                                   1,043,603             1,033,812 *
TOTAL ASSETS                                                                                               1::\1~J~2.~       - ..~!.0~9-:5~ 1_2.6- *

LIABILITIES
Current Liabilities
Trade and Other Payables                                                                         14            11,818                 7,888
Borrowings                                                                                       15             3,745                 2,932
Provisions                                                                                                      4,349                 4,329
Other Liabilities                                                                                                 645                   538
   -     - -                                                          -    --
Total Current Liabilities                                                                                      20,557                15,687

Non-Current Liabilities
Borrowings                                                                                       1·-           34,291                35,186
Provisions
                                        ---                                                                     9,?!P               - ~.?2.~.
Total Non-Current Liabilities                                                                                  43,861                42,815
TOTAL LIABILITIES                                                                                             6~_,4J_~       .. -. ~~ 2_81.~0~~ -
Net Community Assets                                                                                       1,054,877            1,036,624 *


COMMUNITY EQUITY
Asset Revaluation Surplus                                                                        17            26,892                24,517
Retained Surplus/(Deficiency)                                                                              1)~~!.!~~.          j ,Q1_~. 107 *
Total Community Equity                                                                                     1,054,877            1,036,624 *
* Comparative figures have been restated. Refer to Note 25 for details.




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.              page 3