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Annual Report 2019-20

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Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2020

Note 7. Finance Costs
                                                           2020         2019
                                                  Notes    $'000        $'000


Finance Costs - Queensland Treasury Corporation           1,234        3,382
Bank Charges                                                130          131
Impairment of Receivables                                    12            1
Interest on Leases                                            5            -
Landfill Restoration                                      3,307        1,632

TOTAL FINANCE COSTS                                       4,688       5,146

Note 8. Capital Expenses
(a) Revaluation Decrement

Downwards Revaluation of Investment Property       13       300          867
                                                           300           867

(b) Other Capital Expenses

Loss on Write-off of Assets                               3,851        2,417
                                                          3,851       2,417

TOTAL CAPITAL EXPENSES                                    4,151       3,284




                                                                   page 16

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