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

                                                                                          Financial Statements 2018



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2018

Note 18. Asset Revaluation Surplus (continued)
                                                                           Balance at                      Balance at
                                                                           beginning           2018              end of
                                                                              of year     Movements                year
                                                                               $'000           $'000              $'000


Movements in the asset revaluation surplus:

2018

Land                                                                             6,815          7,135           13,950
Buildings                                                                        9,348              -            9,348
Stormwater                                                                       8,696          5,122           13,818
Other Infrastructure Assets                                                      2,033          2,590            4,623
                                                                                26,892       14,847            41,739

2017
Land                                                                             6,815              -            6,815
Buildings                                                                        6,973          2,375            9,348
Stormwater                                                                       8,696              -            8,696
Other Infrastructure Assets                                                      2,033              -            2,033
                                                                                24,517         2,375           26,892



Note 19. Commitments for Expenditure
                                                                                                2018              2017
                                                                                  Notes         $'000             $'000


(a) Capital Contractual Commitments

Capital expenditure committed for at the reporting date but not recognised in
the financial statements as liabilities:

Property, Plant and Equipment
Roads, Bridges and Stormwater                                                                 11,089             6,844
Pathways                                                                                       9,846                54
Other                                                                                          2,518             5,019
Total Commitments                                                                            23,453            11,917

These expenditures are payable as follows:
Within the next year                                                                          16,888            11,917
Later than one year and not later than 5 years                                                 5,094                 -
Later than 5 years                                                                             1,471                 -
Total Payable                                                                                23,453            11,917



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