2016-12-12 General Committee Agenda

ATTACHMENT 1




  Page 80 of 81

ATTACHMENT 1

Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2017
As at 02-Dec-2016
                                                        Current              Current
                                                         Budget              Budget              Actual            Percentage
                                                          2017               YTD                  YTD             Annual Budget
                                                            $                   $                   $                   %

Revenue
      Recurrent Revenue
      Rates, levies and charges                            62,319,194          31,159,597          31,126,762                50%
      Fees and charges                                      4,487,451           2,370,470           2,756,654                61%
      Dividend income                                       1,651,805              60,889              60,889                  4%
      Interest received                                     4,315,093           1,476,607            1,568,221               36%
      Tax equivalents                                       1,489,834             493,205             493,205                33%
      Sale of Goods and Major Services                      7,622,843           3,151,383           3,488,668                46%
      Sale of Contract & Recoverable Works                     15,970               6,654               2,078                 13%
      Rental & Lease Income                                 1,237,656             594,422             630,254                51%
      Other income                                            654,414             353,494             469,214                72%
      Grants, subsidies, contributions and donations        5,591,811           2,511,965           2,560,263                46%
                                                           89,386,070          42,178,687          43,156,209                48%
Expenses
      Recurrent Expenses
      Employee benefits                                    28,636,365          10,960,791          10,724,615                37%
      Materials and services                               40,561,935          16,070,646          15,510,840                38%
      Finance costs                                         2,583,584           1,076,493            1,044,019               40%
      Depreciation and amortisation                        17,122,216           7,134,257           7,339,087                43%
      Other expenses                                           85,863              38,265              34,858                41%
                                                           88,989,963          35,280,453          34,653,419                 39%

Operating Result                                              396,108           6,898 233           8,502,790

Capital Revenue
      Capital contributions and donations                   1,733,634           1,156,511            1,984,266              114%
      Grants, subsidies, contributions and donations        5,179,000             785,000             744,829                 14%
      Other capital revenue                                         -                   -                    -

Total Capital Revenue                                       6,912,634           1,941,511           2,729,095

                                                                                                          Page 80 of 81