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

                                                                                            Financial Statements 2017



Noosa Shire Council

Notes to the Financial Statements
 for the year ended 30 June 2017

Note 28. National Competition Policy



Business activities to which the code of competitive conduct is applied

Noosa Shire Council applies the competitive code of conduct to the following activities:
Waste Management
Hoi iday Parks

This requires the application of full cost pricing, identifying the cost of community service obligations (CSO) and
eliminating the advantages and disadvantages of public ownership within that activity.

The CSO value is determined by Council, and represents an activities cost(s) which would not be incurred if the
primary objective of the activities was to make a profit. The Council provides funding from general revenue to the
business activity to cover the cost of providing non-commercial community services or costs deemed to be CSO's
by the Council.



The following activity statements are for activities subject to the competitive code of conduct:

                                                                                                 Waste            Holiday
                                                                                                    Mgt             Parks
                                                                                                   2017                 2017
                                                                                                  $'000             $'000


Revenue for services provided to the Council                                                       247
Revenue for services provided to external clients                                               14,279             3,145
Community service obligations                                                                       57
                                                                                                14,583             3,145
Less : Expenditure                                                                             (13,797)           (2, 185)

Surplus/( Deficit)                                                                                 786                960


Description of CSO's provided to business activities:


Activities                                                              CSO Description


                                                         Waste collection and disposal charges for charitable
Waste Management
                                                         organisations.




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