2016-08-15 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   15 AUGUST 2016
                                     ATTACHMENT 1




                                     Page 16 of 61

Noosa Council                                                                                            ATTACHMENT 1
Statement of Comprehensive Income
For the Year Ended 30 June 2017
As at 05-Aug-2016
                                                        Current             Current
                                                        Budget              Budget              Actual            Percentage
                                                          2017               YTD                 YTD             Annual Budget
                                                           $                   $                   $                   %

Revenue
      Recurrent Revenue
      Rates, levies and charges                           62,319,194           31,941,197          31,986,412                51%
      Fees and charges                                      4,358,450            701,139             752,256                 17%
      Dividend income                                       1,651,805                   -                   -                 0%
      Interest received                                     4,155,093            137,083              117,166                 3%
      Tax equivalents                                       1,489,834            124,153              124,153                 8%
      Sale of Goods and Major Services                      7,606,907            569,297             621,303                  8%
      Sale of Contract & Recoverable Works                    15,970                1,331                105                  1%
      Rental & Lease Income                                 1,237,656            117,543               92,061                 T%
      Other income                                           631,449             118,139              43,057                  7%
      Grants, subsidies, contributions and donations        5,540,665            569,130             570,297                 10%
                                                          89,007,023           34,279,012          34,306,811                39%
Expenses
      Recurrent Expenses
      Employee benefits                                   28,474,527            2,194,840           2,281,620                 8%
      Materials and services                              40,415,406            3,319,414           2,611,478                 6%
      Finance costs                                         2,583,584            215,299             211,089                  8%
      Depreciation and amortisation                        17,122,216           1,426,851           1,426,851                 8%
      Other expenses                                          85,864                9,246               5,674                 T%
                                                          88,681,597            7,165,649           6,536,712                 7%

Operating Result                                             325,425           27,113,362          27,770,099
Capital Revenue
      Capital contributions and donations                   1,726,134             53,467              46,970                  3%
      Grants, subsidies, contributions and donations        4,833,500            302,500             302,500                  6%
      Other capital revenue                                         -                   -                   -
Total Capital Revenue                                       6,559 634            355,967             349,470

                                                                                                           Page 16 of 61