2017-02-13 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   13 FEBRUARY 2017




                                          Attachment 2




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GENERAL COMMITTEE MEETING AGENDA                                                                             13 FEBRUARY 2017

                                                                                                                          Attachment 2

             Noosa Council
            Statement of Financial Position
            For the Year Ended 30 June 2017
            As at 06-Feb-2017
                                                                                        Consolidated
                                                                  2017 Year End
                                                                     Forecast             2017 YTD                2016
                                                         Note           $                     $                     $
            Current Assets
                 Cash and cash equivalents                              50,163,274            64,303,970           52,586,475
                 Trade and other receivables                             8,315,517            34,911,351            5,946,062
                  Inventories                                              104,025               160,570              156,056
                 Other current assets                                      668,000             1,929,076            2,628,892
                                                                        59,250,816           101,304,967           61,317,486
                 Non Current Assets held for sale                                -                     -                     -
            Total Current Assets                                        59,250,816           101,304,967           61,317,486
            Non Current Assets
                 Trade and other receivables                            49,217,517           49,217,517            49,217,517
                 Other non current Assets                                        -                     -                     -
                  Investments                                           60,978,225            60,978,225           60,978,225
                  Investment property                                    3,831,234             4,150,000            4,150,000
                 Property, plant and equipment                         940,511,084          902,299,116           906,665,451
                  Intangible assets                                      3,502,623             2,937,561            2,613,761
            Total Non Current Assets                                 1,058,040,682         1,019,582,420         1,023,624 ,954
            Total Assets                                             1,117,291,498         1,120,887 ,386        1,084,942,440
            Current Liabilities
                 Trade and other payables                                4,460,191             9,129,557            7,887,760
                 Borrowings                                              3,079,477             3,995,147            2,932,289
                 Provisions                                              5,090,852             4,289,962            4,328,513
                Other                                                      390,000              544,277               537,888
            Total Current Liabilities                                   13,020,520            17,958,944           15,686,451
            Non Current Liabilities
                 Trade and other payables                                        -                     -                     -
                 Borrowings                                             34,362,811            32,952,158           35,186,158
                 Provisions                                              8,410,678             9,082,779            9,082,779
            Total Non Current Liabilities                               42,773,489           42,034,938            44 268,938
            Total Liabilities                                           55,794,009            59,993,882           59,955,389
            Net Community Assets                                     1,061,497 ,489        1,060,893,505         1,024,987,051
            Community Equity
                 Asset Revaluation Surplus                              47,237,401            24,518,021           24,518,021
                 Retained Surplus / (Defeciency)                                 -                     -                     -
                 Shire Capital                                       1,014 ,260,088        1,000,469,031          987,372,510
                 Current Year Net Earnings                                       -            35,906,453           13,096,521
            Total Community Equity                                   1,061,497,489         1,060,893,505         1,024,987,051

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