2018-11-12 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   12 NOVEMBER 2018

                                     Attachment 2




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GENERAL COMMITTEE MEETING AGENDA                                                                                     12 NOVEMBER 2018

                                                                                                                          Attachment 2

              Noosa Council
             Statement of Financial Position
             For the Year Ended 30 June 2019
             As at 31 October 2018
                                                                                Current                 Actual                  Actual
                                                                                 Budget                    YTD                Full Year
                                                                                    2019                   2019                   2018
                                                                                  ($'000)                ($'000)                ($'000)
             Current Assets
                   Cash and cash equivalents                                      46,127                 65,826                  64,193
                   Trade and other receivables                                     8,943                   8,083                  6,979
                   Inventories                                                       330                    226                     225
                   Other current assets                                              490                  4,997                   4,115
                                                                                  55,890                 79,132                  75,512
                   Non Current Assets held for sale                                     x                      :                       :
             Total Current Assets                                                 55,890                 79,132                  75,512
             Non Current Assets
                   Trade and other receivables                                    49,218                 49,218                  49,218
                   Other non current Assets                                             -                      -                       -
                   Investments                                                    73,332                 60,978                  60,978
                   Investment property                                             4,405                  4,167                   4,167
                   Property, plant and equipment                                 978,029                870,406                 866,604
                   Intangible assets                                               7,156                   5,295                  5,048
             Total Non Current Assets                                           1,112,140               990,065                 986,014
             Total Assets                                                       1,168,030              1,069,197              1,061,526
             Current Liabilities
                   Trade and other payables                                        4,705                   7,045                 11,679
                   Borrowings                                                      3,715                   2,009                  3,969
                  Provisions                                                       4,282                   2,834                  4,648
                  Other                                                              665                    891                     697
             Total Current Liabilities                                            13,368                 12,779                  20,993
             Non Current Liabilities
                   Trade and other payables                                             -                      -                       -
                   Borrowings                                                     34,040                 32,171                  32,171
                  Provisions                                                       10,328                  9,858                  9,738
             Total Non Current Liabilities                                        44,367                 42,029                  41,909
             Total Liabilities                                                    57,736                 54,808                  62,902
             Net Community Assets                                              1,110,294              1,014,388                998,624

             Community Equity
                   Asset Revaluation Surplus                                      67,090                 41,740                  41,740
                   Retained Surplus / (Defeciency)                                      -                      -                       -
                   Shire Capital                                                1,043,204               956,885                 961,335
                   Current Year Net Earnings                                            :                 15,764                 (4,450)
             Total Community Equity                                            1,110,294              1,014,388                998,624

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