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2016-11-08 S&O Agenda - Item 3, Attachment 1 - Local Economic Plan
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Noosa Shire Council ___
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certified staterner;V
Notes to the Financial Statements
for the year ended 30 June 2016
Note 22 . Equity Investments
---------------
l~.cccu ntl ;:g Recognition:
lnvestmer.t in Associates are accounted for using the Equity Accounting Mett>od - and are
disc!osec as a 1 iine er;try in both the lr come Sta teme~t and Statement of Financial Position.
Council's s;u:re ~f N!:t !ncome Council's Share of Net Assets
2016 2015 2015 2015
$'000 $'000 $'000 $'000
lnve.stment in Associate 5.793 _5 ,113 1~!~~~- -- -· ~-.!.4.~4
Total ____ ~?9.3 _____ ?1 1 ~-~ _____ !~~~4- _____ ~~~M
Associates
Council has incorporated the following Associate into its consolidated Financial Statements.
(a) Net Carrying Amounts - Council's Share
Measurement 2016 2015
Name of Entity Reiatio nsh!p M e~ hoc$ s·ooo S'OGQ
. \:JI'li~~~~~! ' ······-··-· - -----------· ...... --···-- Associate Equity 69,141 ---·-- ~§.~1~
Total Carrying Amounts 69Yi1 --- 6_?!?12
(b) Details
Place of
Principal A ct ivity Business
Moreton Bay,
Sunshine
Unitywater Water and Sewerage Services Coast &
Noosa
Regions
(c) Relevant Interests and Fair Values Proportion of
Pz rticipation
Name of Entit~1 2016 2015
Unitywater 4.25% 4.25%
page 35
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