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2018-11-06 S&O Agenda - Attachment 1 to Item 5 - Draft Annual Report 2017-18
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Financial Statements 2018
Noosa Shire Council
Notes to the Financial Statements
for the year ended 30 June 2018
Note 7. Finance Costs
2018 2017
Notes $'000 $'000
Finance costs - Queensland Treasury Corporation 2,104 2,187
Bank Charges 118 104
Impairment of Debts 13 17
Landfill Restoration 94 2,065
Other - 1
TOTAL FINANCE COSTS 2,329 4,374
Note 8. Capital Expenses
2018 2017
(a) Revaluation decrement
Downwards Revaluation of Property, Plant and Equipment (Roads &
Bridges Network) 12 23,437 -
Downwards Revaluation of Investment Property 11 238 -
23,675 -
(b) Other capital expenses
Loss on Write-Off of Assets and Disposal of Assets 599 1,563
599 1,563
TOTAL CAPITAL EXPENSES 24,274 1,563
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