Annual Report 2014-15

NOOSA SHIRE COUNCIL

 Notes to the financial statements                                     :
For the year ended 30 June 2015
 29   National Competition Policy
     (a) Business activities to which the code of competitive conduct is applied
         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
         fo the business activity to cover the cost of providing non-commercial community services or costs deemed to
         be CSO's by the Council.

         Council applies full cost pricing to the following business activities:
                          Waste Management
                           Holiday Parks
     (b) The following activity statements are for activities subject to full cost pricing:
                                                                  Waste        Waste       Holiday Parks | Holiday Parks
                                                               Management | Management
                                                                   2015          2014          2015          2014
                                                                               (6 months)                  {6 months}
                                                                    $              $             $             $
 Revenue for services provided to the Council                       207,383         91,616
 Revenue for services provided to external clients                12,840,616     6,125,809     2,899,448     1,336,427
 * Community service obligations                                      71,578         9,906
 Less : Expenditure                                                8,915,451     4,833,436     1,802,458       747,415
 Surplus (deficiency)                                                            1,393,895

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

                                                 \                                                           t
                                                 |                                                          i

                                                                Pana 28h