FINANCIAL PERFORMANCE REPORT - NOVEMBER 2025 · Attachment 1 - Statement of Income and Expenditure 30 November 2025

Attachment 1 - Statement of Income and Expenditure 30 November 2025


                                                              Statement of Income and Expenditure


For the Year Ending 30 June 2026                          $'000            $'000      $'000               $'000              %
As 30 November 2025                                      Actual   Current Budget   Variance   Current Budget FY   Annual Budget
                                                           YTD              YTD         YTD                  25


Profit and Loss Statement

Revenue
 Recurrent Revenue
 Rates, levies and charges                               52,333          52,042        291             104,276          50.19%
 Fees and charges                                         5,756           5,616        141              12,339          46.65%
 Dividend income                                              0               0           0              2,100           0.00%
 Interest received                                        1,878           1,939        (62)              5,000          37.56%
 Tax equivalents                                            571             586        (15)              2,000          28.55%
 Sale of Goods and Major Services                         6,913           7,000        (87)             17,278          40.01%
 Sale of Contract & Recoverable Works                         0               0           0                 31           0.00%
 Rental & Lease Income                                      977             972           5              2,348          41.61%
 Other income                                               758             457        301               1,002          75.65%
 Grants, subsidies, contributions and donations           2,311           2,117        193               6,041          38.26%
                                                         71,497          70,729        768             152,414          46.91%
Expenses
  Recurrent Expenses
  Employee benefits                                      23,774          24,619       (845)             59,011          40.29%
  Materials and services                                 25,979          26,190       (211)             66,531          39.05%
  Finance costs                                             913           1,142       (229)              2,872          31.79%
  Depreciation and amortisation                           9,783           9,780           3             23,473          41.68%
  Other expenses                                             39             105        (66)                294          13.27%
                                                         60,488          61,836     (1,348)            152,182          39.75%

Operating Result                                         11,009           8,892      2,117                 232

Summary of Capital Expenditure and Funding

Capital Funding
 Capital cash contributions and infrastructure charges    1,873           1,293        580               1,293         144.86%
 Contributed assets                                           0               0          0               1,500           0.00%
 Capital grants and subsidies                             5,618           3,077      2,541              48,334          11.62%
 Other capital revenue                                        0               0          0                   0           0.00%
                                                          7,491           4,370      3,121              51,128

Net Result                                               18,500          13,263      5,238              51,360

Capital Expenditure
 Contributed assets                                           0               0           0              1,500           0.00%
 Capital works - constructed assets                       8,366          27,997    (19,632)             82,400          10.15%
 Capital works - other capital                            2,012           6,276     (4,264)             10,674          18.85%
 Loan redemption                                            614             614       (614)              1,227          50.04%
 Other capital expenses                                   4,649               0       4,649                  0           0.00%

                                                         15,641          34,887    (19,861)             95,801