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

                                                                                             Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 31. 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
   Holiday 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:

                                                                  Other             Other          Waste           Holiday
                                                                                                      Mgt            Parks
                                                                                                    2019              2019
                                                                  $'000            $'000           $'000             $'000


Revenue for services provided to the Council                           -               -            302                 -
Revenue for services provided to external clients                      -               -         16,238             3,118
Community service obligations                                          -               -             91                 -
                                                                       -               -         16,631             3,118
Less : Expenditure                                                     -               -        (14,063)           (2,292)

Surplus/(Deficit)                                                     -                -          2,568                  826


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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