2015-10-14 Audit & Risk Committee Meeting - Draft Annual Financial Statements

NOOSA SHIRE COUNCIL

Notes to the financial statements
For the year ended 30 June 2015
                                                                                                                   2014
                                                                                                  2015          (6 months)

                                                                                           Note     $               $
 6 Employee benefits
      Total staff wages and salaries                                                              20,050,773      15,114,705
      Councillors' remuneration                                                                      504,974         239,088
      Annual, sick and long service leave entitlements                                             3,222,457       1,722,269
      Superannuation                                                                      23       2,707,406       1,305,459
                                                                                                  26,485,610      18,381,522
        Other employee related expenses                                                            1,140,450         344,416
                                                                                                  27,626,060      18,725,937
        Less :   Capitalised employee expenses                                                    (1,500,925)       (461,711)
                                                                                                  26,125,135      18,264,226

        Councillor remuneration represents salary, and other allowances paid in respect
        of carrying out their duties.
                                                                                                                   2014
        Total Council employees at June 2015:                                                     2015          (6 months)
            Elected members                                                                                7                7
            Administration staff                                                                         247              234
            Depot and outdoors staff                                                                      97               95
        Total full time equivalent employees                                                             351              336

 7 Materials and services
      Audit services                                                                                 111,600          90,000
      Administration Supplies and Consumables                                                        830,683         378,821
      Legal expenses                                                                               1,055,194         744,335
      Insurance                                                                                      508,181          29,635
      Communications and IT                                                                          575,781         336,586
      Consultancy Services                                                                           403,320         201,954
      Contract Services                                                                           17,291,190       9,060,491
      Donations and Prizes                                                                         2,901,606       1,291,063
      Electricity                                                                                  1,859,559         884,462
      Grants Paid to Community Organisations                                                         780,780          34,340
      Software and Maintenance                                                                       474,164         306,483
      Commission Paid                                                                                465,604         246,839
      Water and Sewerage Costs                                                                       930,991         341,748
      Fleet Operating Costs                                                                        1,290,781         734,411
      Other Materials and Services                                                                 3,637,683       1,600,489
      Rentals - Operating leases                                                                     809,094         518,509
      Less Capitalised Internal Expenses                                                            (196,787)        (44,719)
                                                                                                  33,729,424      16,755,448

 8 Depreciation and amortisation                                                          1.14
      (a) Depreciation of non-current assets
          Buildings                                                                                1,457,212         749,306
          Plant and Equipment                                                                        622,843         244,723
          Road and Bridge Network                                                                  9,128,475       4,462,163
          Storm Water                                                                              1,861,015         911,182
          Other Infrastructure Assets                                                              2,599,097       1,390,772
                                                                                                  15,668,642       7,758,146

        (b) Amortisation of other intangible assets
            Computer Software                                                                       250,865             21,509
                                                                                                    250,865             21,509

    Total depreciation and amortisation                                                           15,919,507       7,779,655




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