2015-12-14 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   14 DECEMBER 2015

                                        Attachment 2




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GENERAL COMMITTEE MEETING AGENDA                                                                    14 DECEMBER 2015

                                                                                                             Attachment 2
  Noosa Council
  Statement of Financial Position
  For the Year Ended 30 June 2016
  As at 30-Nov-2015
                                                                                       Consolidated
                                                              2016 Year End
                                                                 Forecast                2016 YTD                  2015
                                                   Note             $                       $                        $
  Current Assets
       Cash and cash equivalents                                     36,759,172              63,084,673               50,891,174
       Trade and other receivables                                    8,072,958                5,557,276               5,794,388
       Inventories                                                      104,038                 111,979                  104,038
       Other current assets                                             657,006                 812,780                3,097,262
                                                                     45,593,174              69,566,708               59,886,862
       Non Current Assets held for sale                                        -                       -                       -
  Total Current Assets                                               45,593,174              69,566,708               59,886,862

  Non Current Assets
       Trade and other receivables                                   49,217,517              49,217,517               49,217,517
       Other non current Assets                                                -                       -                       -
       Investments                                                   60,978,225              60,978,425               60,978,225
       Investment property                                            3,831,234                3,831,234               3,831,234
       Property, plant and equipment                                924,908,040             884,345,761              887,078,579
       Intangible assets                                              2,873,146                2,611,995               2,701,457
  Total Non Current Assets                                        1,041,808,162            1,000,984,932           1,003,807,012
  Total Assets                                                    1,087,401,336            1,070,551,640           1,063,693,873
  Current Liabilities
       Trade and other payables                                       4,316,797                7,643,735               8,100,894
       Borrowings                                                     2,854,619                1,144,366               2,633,065
      Provisions                                                      5,013,310                8,741,838               4,114,390
       Other                                                            380,497              (5,491,578)               1,082,497
  Total Current Liabilities                                          12,565,223              12,038,360               15,930,845
  Non Current Liabilities
       Trade and other payables                                                -                       -                       -
       Borrowings                                                    35,247,498              36,747,480               36,747,480
      Provisions                                                      8,210,644                8,194,924               8,194,924
  Total Non Current Liabilities                                      43,458,142              44,942,404               44,942,404
  Total Liabilities                                                  56,023,365              56,980,765               60,873,249
  Net Community Assets                                            1,031,377,971            1,013,570,875           1,002,820,624

  Community Equity
       Asset Revaluation Surplus                                     36,519,656              14,334,106               14,334,106
       Retained Surplus / (Defeciency)                                         -                       -                       -
       Shire Capital                                                994,858,315             988,486,518              973,851,849
       Current Year Net Earnings                                               -             10,801,679               14,634,670
  Total Community Equity                                          1,031,377,971            1,013,622,303           1,002,820,625

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