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2021-08-16 General Committee Meeting Agenda
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Page 62 of 92
| accor | eugget | PR | target | os
Budget Budget Target
ye yaw Paid 2023 2024 2025 2026 2027 2028 2029 2030 Pas
Operating Surplus Ratio -0.9% 0.3% -0.6% 0-10% 0.0% 0.2% 0.3% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2%
Net Financial Liabilities Ratio -14.5% 8.1% -4.9% <60% 1.0% -1.0% -3.3% -5.8% -1.8% 1.3% -0.7% -5.3% -9.4%
Asset Sustainability Ratio 96.1% 107.8% 121.9% >90% 152.9% 95.7% 102.6% 91.3% 128.6% 126.0% 98.1% 88.0% 83.1%
Operating Surplus Ratio
Measures the extent to which revenues raised cover operational expenses
only or are available for capital funding purposes or other purposes.
Calculation: Net operating result divided by total operating revenue, expressed as a % (excluding capital revenue or expenses).
Target: between 0% and 10%.
Net Financial Liabilities Ratio
Measures the extent to which the net financial liabilities of Council can
be repaid from operating revenues.
Calculation: (total liabilities less current assets) divided by
total operating revenue, expressed as a %.
Target: not greater than 60%.
Asset Sustainability Ratio
This ratio reflects the extent to which the assets managed by Council
are being replaced as they reach the end of their useful lives.
Calculation: capital expenditure on the replacement of infrastructure assets
(renewals) divided by depreciation expense, expressed as a %.
This includes infrastructure as well as plant and equipment.
Intangibles are excluded.
Target: greater than 90%.
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