2016-03-10 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA   10 MARCH 2016 1
                           ATTACHMENT




                           Page 16 of 18

ATTACHMENT 1

Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2016
As at 29-Feb-2016
                                                         Current             Current
                                                         Budget              Budget               Actual           Percentage
                                                          2016                YTD                 YTD             Annual Budget
                                                            $                   $                   $                   %

Revenue
      Recurrent Revenue
      Rates, levies and charges                            60,463,174          60,463,174          60,591,952                100%
      Fees and charges                                      5,062,480           4,114,720            4,284,480                85%
      Dividend income                                       1,925,140             847,366             847 366                 44%
      Interest received                                     4,568,059           2,617,753            2,792,282                61%
      Tax equivalents                                       1,088,812             730,433             730,433                 67%
      Sale of Goods and Major Services                      7,418,019           5,123,932            5,386,864                13%
      Sale of Contract & Recoverable Works                     15,364              10,243              (8,288)               -54%
      Rental & Lease Income                                 1,173,953             808,291             866,882                 T4%
      Other income                                            721,908             493,468             734,152                102%
      Grants, subsidies, contributions and donations        5,592,339           4,234,261            4,294 963                77%
                                                           88,029,249          79,443,640          80,521,087                 91%
Expenses
      Recurrent Expenses
      Employee benefits                                    27,657,354          17,918,927           17,863,611                65%
      Materials and services                               40,057,419          25,690,761          23,551,989                 59%
      Finance costs                                         2,686,315           1,774,210            1,744,162                65%
      Depreciation and amortisation                        16,630,163          11,086,775           11,104,017                67%
      Other expenses                                          105,993              84,239              71,272                 67%
                                                           87,137,244          56,554,912          54,335,050                 62%

Operating Result                                              892,005          22,888,728          26,186,037

Capital Revenue
      Capital contributions and donations                   2,556,631           2,301,442            2,248 423                88%
      Grants, subsidies, contributions and donations        4,760,113           2,554,506            2,591 ,892               54%
      Other capital revenue                                         -                    -                   -

Total Capital Revenue                                       7,316,744           4,855,948            4,840,315

                                                                                                              Page 16 of 18