Annual Report 2014

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     NOOSA SHIRE COUNCIL

     Notes to the financial statements
     For the six months ending 30 June 2014

     34  National Competition Policy
          (a) Business activities to which the code of competitive conduct is applicd
               This requires the application of full cost pricing, identifying the cost of community service obligations (CSO)
               and eliminating the advantages and disadvantages of public ownership within that activity.

               The CSO value is determined by Council, and represents an activities cost(s) which would not be incurred if
               the primary objective of the activities was to make a profit. The Council provides funding from general revenue
               to the business activity to cover the cost of providing non-commercial community services or costs deemed to
               be CSO's by the Council.

               The Noosa Shire Council applies the competitive code of conduct to the following activities:

                                   Waste Management
                                   Holiday Parks

          (b) The following activity statements are for activities subject to the competitive code of conduct:

                                                                                   2014            2014
                                                                                     $               5
     Revenue for services provided to ihe Council                                     91,616
     Revenue for services provided to extemal clieats                              6,125,809        1,336,427
     * Community service obligations                                                   9,906
                                                                                   6,227,331        1,336,427
     Less : Expenditure                                                            4,833,436         747,415
     Surplus (deficiency)                                                          1,393,895         589,012

         (c) Description of CSO's provided to business activities during the reporting period.
    [CA tivities                                                             ESO description
          Waste Management                                                   Waste collection and disposal charges for charitable organisations.

                                                                                                                                         QAO
               ,        ta                                                                                                       certified statements

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