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2019-11-12 S&O Agenda - Item 11 - Attachment 1 - Draft Noosa Council 2018-19 Annual Report
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Financial Statements 2019
Noosa Shire Council
Notes to the Financial Statements
for the year ended 30 June 2019
Note 7. Finance Costs
2019 2018
Notes $'000 $'000
Finance costs - Queensland Treasury Corporation 3,382 2,104
Bank Charges 131 118
Impairment of Debts 1 13
Landfill Restoration 1,632 94
TOTAL FINANCE COSTS 5,146 2,329
Note 8. Capital Expenses
2019 2018
(a) Revaluation decrement
Downwards Revaluation of Property, Plant and Equipment 12 - 23,437
Downwards Revaluation of Investment Property 11 867 238
867 23,675
(b) Other capital expenses
Loss on Write-Off of Assets and Disposal of Assets 2,417 599
2,417 599
TOTAL CAPITAL EXPENSES 3,284 24,274
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