2018-07-06 SM - Attachment 1 to Item 3 - Noosa Council 2018-19 Budget document

Noosa Shire Council
2018/19 Budget Statements                         STATEMENT OF INCOME AND EXPENDITURE - BUSINESS ACTIVITIES
For the period ending 30 June
Annual Result - Business Activities                                 Waste Management                           Holiday Parks
                                                                    2018                2019                2018            2019
Statement of Comprehensive Income                                   $,000               $,000               $,000           $,000

Income

Revenue
      Operating revenue
      Net rates, levies and charges                             $     11,526        $     12,382 $                  -                -
      Fees and charges                                          $           36      $           28      $           26              17
      Sale of Goods and Major Services                          $      2,792        $      3,012        $      3,182            2,916
      Internal Sales/Recoveries                                 $          345      $          229 $                -                -
      Competitive Neutrality Adjustments (*)                    $           90      $           91 $                -                -
      Other income                                              $          192      $          170      $               1            1
      Grants, subsidies, contributions and donations            $           -       $           -       $           -                -
      Total operating revenue                                   $     14,981        $     15,912        $      3,209            2,934

Expenses

      Operating expenses
      Employee benefits                                         $          793      $          859      $               3           19
      Finance Costs                                             $          158      $          358 $                -                -
      Materials and services                                    $      8,075        $      8,765        $      1,285            1,243
      Depreciation and amortisation                             $          732      $          762      $          144              176
      Internal Expenditure                                      $      1,174        $      1,197        $          252              198
      Competitive Neutrality Adjustments                        $      1,086        $      1,275        $          581              487
      Other expenses                                            $               0   $               0   $               2            2
      Total operating expenses                                  $     12,017        $     13,217        $      2,266            2,123

Net result                                                      $      2,964        $      2,695        $          944              810
(*)     Competitive Neutrality Adjustments includes payment of Community Service Obligations, which includes the following:
        Waste Management ($,000)
        Free/subsidised disposal of waste by residents          $           60      $           60
        RSPCA holding tank collection                           $           17      $           18
        Disposal of illegal dumping waste                       $               7   $               7
        Free green waste disposal for sporting organisations    $               6   $               6
                                                                $           90      $           91




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