2016-10-17 GC Agenda Item 5 - Attachment 2 (Amended) - Changes to Infrastructure Charges

Noosa Council
Statement of Financial Position
For the Year Ended 30 June 2017
As at 10-Oct-2016
                                                                   Consolidated
                                                2017 Year End
                                                  Forecast          2017 YTD          2016
                                         Note         $                $               $
Current Assets
      Cash and cash equivalents                       50,163,274         69,772,481     52,586,475
      Trade and other receivables                      8,315,517          7,720,177      5,946,062
      Inventories                                        104,025            160,238        156,056
      Other current assets                               668,000          1,577,631      2,628,892
                                                      59,250,816         79,230,526     61,317,486
      Non Current Assets held for sale                         -                  -              -
Total Current Assets                                  59,250,816         79,230,526     61,317,486

Non Current Assets
      Trade and other receivables                     49,217,517         49,217,517      49,217,517
      Other non current Assets                                 -                  -               -
      Investments                                     60,978,225         60,978,225      60,978,225
      Investment property                              3,831,234          4,150,000       4,150,000
      Property, plant and equipment                  940,511,084        905,443,866     906,665,451
      Intangible assets                                3,502,623          2,659,863       2,613,761
Total Non Current Assets                           1,058,040,682      1,022,449,471   1,023,624,954

Total Assets                                       1,117,291,498      1,101,679,997   1,084,942,440

Current Liabilities
      Trade and other payables                         4,460,191         10,205,888      7,887,760
      Borrowings                                       3,079,477          3,252,157      2,932,289
      Provisions                                       5,090,852          2,599,096      4,328,513
      Other                                              390,000            578,067        537,888
Total Current Liabilities                             13,020,520         16,635,206     15,686,451

Non Current Liabilities
      Trade and other payables                                 -                  -              -
      Borrowings                                      34,362,811         32,952,158     35,186,158
      Provisions                                       8,410,678          9,082,779      9,082,779
Total Non Current Liabilities                         42,773,489         42,034,938     44,268,938

Total Liabilities                                     55,794,009         58,670,144     59,955,389

Net Community Assets                               1,061,497,489      1,043,009,853   1,024,987,051

Community Equity
      Asset Revaluation Surplus                       47,237,401         24,518,021      24,518,021
      Retained Surplus / (Defeciency)                          -                  -               -
      Shire Capital                                1,014,260,088      1,000,469,031     987,372,510
      Current Year Net Earnings                                -         18,022,802      13,096,521
Total Community Equity                             1,061,497,489      1,043,009,853   1,024,987,051