2019-05-13 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA      13 MAY 2019



                                   Attachment 2




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GENERAL COMMITTEE MEETING AGENDA                                                                                                 13 MAY 2019

                                                                                                                            Attachment 2

             Noosa Council
             Statement of Financial Position
             For the Year Ended 30 June 2019
             As at 30 April 2019
                                                                                Current                  Actual                  Actual
                                                                                 Budget                     YTD                Full Year
                                                                                    2019                   2019                    2018
                                                                                  ($'000)                ($'000)                 ($'000)
             Current Assets
                  Cash and cash equivalents                                        53,496                 72,233                  64,193
                  Trade and other receivables                                       8,795                  7,532                   6,979
                   Inventories                                                        330                    227                     225
                  Other current assets                                                490                  4,079                   4,115
                                                                                   63,111                 84,071                  75,512
                   Non Current Assets held for sale                                     -                      -                       -
             Total Current Assets                                                  63,111                 84,071                  75,512
             Non Current Assets
                  Trade and other receivables                                      54,025                 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                                  895,127                873,549                 866,604
                   Intangible assets                                                7,027                  5,563                   5,048
             Total Non Current Assets                                           1,033,916                993,474                 986,014
             Total Assets                                                       1,097,027              1,077,545               1,061,526
             Current Liabilities
                  Trade and other payables                                          4,747                  8,213                  11,679
                   Borrowings                                                       3,621                    315                   3,969
                  Provisions                                                        4,061                  3,029                   4,648
                  Other                                                               665                    591                     697
             Total Current Liabilities                                             13,094                 12,148                  20,993
             Non Current Liabilities
                  Trade and other payables                                              -                      -                       -
                   Borrowings                                                      31,674                 32,171                  32,171
                  Provisions                                                       10,686                  9,858                   9,738
             Total Non Current Liabilities                                         42,360                 42,029                  41,909
             Total Liabilities                                                     55,454                54,177                   62,902
             Net Community Assets                                              1,041,573              1,023,368                 998,624
             Community Equity
                  Asset Revaluation Surplus                                        58,039                 41,740                  41,740
                   Retained Surplus / (Defeciency)                                      -                      -                       -
                  Shire Capital                                                   983,534                956,885                 961,335
                  Current Year Net Earnings                                             :                 24,744                  (4,450)
             Total Community Equity                                            1,041,573              1,023,368                 998,624

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