2019-11-12 S&O Agenda - Item 11 - Attachment 1 - Draft Noosa Council 2018-19 Annual Report

Figure 7 shows Council’s cash and debt holdings as at 30 June 2019 compared to the previous year. Both cash and debt
levels have decreased, which is reflective of the $10 million early loan repayment made during the 2018/19 year. Our net
cash position (i.e. cash less debt) however still actually increased by $3.7 million during the year.

Figure 7 – Cash and Debt Comparison 2018/19

   $70,000

   $60,000

   $50,000

   $40,000

   $30,000

   $20,000

   $10,000

         $-
                                  Cash                                        Debt

                                2017/18 ($,000)          2018/19 ($,000)


Assets – what we own
Current assets are represented by cash, investments, inventories and receivables (money owed to Council). Council’s
current assets as at 30 June 2019 equated to $67.3 million.

Non-current assets of over $1 billion includes property, plant and equipment totalling $886 million, as well as the value of
Council’s investment in Unitywater. Property, Plant and Equipment represents community infrastructure which includes
roads, bridges, stormwater, buildings, land and other operational assets owned and controlled by Council.

The main non-current asset categories and their respective values are shown in the Figure 8.

Figure 8 - Non-Current Assets and Community Infrastructure 2018/19


                                        Work in Progress
                    Parks & Other          $44,061
                    Infrastructure
                       $51,532                                          Land &
                                                                     Improvements
                                                                       $151,708
        Stormwater &
          Drainage
           Network                                                            Buildings
          $119,826                                                            $62,079
                                                                                 Plant &
   Intangible Assets
                                                                                Equipment
         $1,598
                                                                                 $9,515




                                                                      Road & Bridge
                                                                     Network $451,546




Noosa Council | 2018/2019 Annual Report                                                                           Page 46