2018-11-06 S&O Agenda - Attachment 1 to Item 5 - Draft Annual Report 2017-18

Noosa Shire Council

Statement of Financial Position
as at 30 June 2018

                                                                                                                2018        2017
                                                                                               Notes            $'000       $'000


ASSETS
Current Assets
Cash and Cash Equivalents                                                                        9            64,193      65,463
Trade and Other Receivables                                                                     10            11,093       9,899
Inventories                                                                                     13               225         330
Total Current Assets                                                                                          75,511      75,692

Non-Current Assets
Trade and Other Receivables                                                                     10           49,218        49,218
Equity Investments                                                                              23           78,377        73,332
Investment Property                                                                             11            4,167         4,405
Property, Plant and Equipment                                                                  12, 27       866,605       858,858
Intangible Assets                                                                               14            5,049         3,497
Total Non-Current Assets                                                                                  1,003,416       989,310
TOTAL ASSETS                                                                                              1,078,927     1,065,002

LIABILITIES
Current Liabilities
Trade and Other Payables                                                                        15            11,681      11,818
Borrowings                                                                                      16             3,969       3,745
Provisions                                                                                      17             4,648       4,349
Other Liabilities                                                                               18               697         645
Total Current Liabilities                                                                                     20,995      20,557

Non-Current Liabilities
Borrowings                                                                                      16            32,171      34,291
Provisions                                                                                      17             9,737       9,570
Total Non-Current Liabilities                                                                                 41,908      43,861
TOTAL LIABILITIES                                                                                             62,903      64,418
Net Community Assets                                                                                      1,016,024     1,000,584


COMMUNITY EQUITY
Asset Revaluation Surplus                                                                       18           41,739        26,892
Retained Surplus/(Deficiency)                                                                   27          974,285       973,692
Total Community Equity                                                                                    1,016,024     1,000,584




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.      Page 3