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

                                                                                                                                                                       Financial Statements 2018



          Noosa Shire Council

          Long-Term Financial Sustainability Statement
          prepared as at 30 June 2018

                                                                              Target    Actual                                        Forecast
                                                                               2018     2018      2019    2020    2021    2022     2023     2024     2025     2026     2027       2028


          Measures of Financial Sustainability
          Council's performance at 30 June 2018 against key financial
          ratios and targets.

          Performance Indicators

          1. Operating Surplus Ratio
          Net Result (excluding capital items) (1)
                                                                              0 - 10%   13.52%    0.01%   0.07%   0.26%   0.88%    0.97%    1.10%    1.02%    1.05%    2.02%     1.87%
          Total Operating Revenue (excluding capital items) (2)

          An indicator of which the extent to which revenues raised
          cover operational expenses only or are available for capital
          funding purposes or other purposes.

          2. Asset Sustainability Ratio
          Capital Expenditure on the Replacement of Assets (renewals) (3)
                                                                              > 90%     130.86% 118.37% 109.76% 93.15%    86.02%   94.73%   98.41%   97.52% 102.96% 97.47%       91.60%
          Depreciation Expense

          An approximation of the extent to which the infrastructure
          assets managed are being replaced as these reach the end
          of their useful lives.

          3. Net Financial Liabilities Ratio
          Total Liabilities less Current Assets
                                                                              < 60%     -12.54%   1.93%   4.41%   1.56%   0.66%    0.85%    0.08%    -2.30%   -2.44%   -3.87%    -9.17%
          Total Operating Revenue (excluding capital items) (2)

          An indicator of the extent to which the net financial liabilities
          can be serviced by its operating revenue.




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