2018-03-12 General Committee Agenda

ATTACHMENT 1




Page 39 of 41

ATTACHMENT 1

 Profit and Loss Statement

 Revenue
     Recurrent Revenue
     Rates, levies and charges                          63,898           63,898           63,998              101            100%
     Fees and charges                                     5,089            3,707            4,224             517             83%
     Dividend income                                      1,860            1,673            1,673                -            90%
     Interest received                                    4,408            2,497            2,665             169             60%
     Tax equivalents                                      1,200            803              803                  -            67%
     Sale of Goods and major services                     8,391            5,664            6,027            362              72%
     Sale of contract and recoverable works                  16                1              12               11             75%
     Rental & lease income                                1,322             929              979              50              74%
     Other income                                         1,144             809             984               174             86%
     Grants, subsidies, contributions and donations       5,605            4,824            3,772          (1,052)            67%
                                                         92,932          84,804            85,137             333             92%
 Expenses
     Recurrent Expenses
     Employee benefits                                  30,445            19,371           19,159            (212)            63%
     Materials and services                              41,248          25,765            25,786              21             63%
     Finance costs                                        2,464            1,642            1,593             (49)            65%
     Depreciation and amortisation                       18,577           12,385           12,385                -            67%
     Other expenses                                         136              108             116                8             85%
                                                         92,870           59,271           59,038            (233)            64%
OperatingResult                                             63           25,533          26,099               8B

 Summary of Capital Revenue and Expenditure
 Capital Revenue
     Capital contributions and donations                  3,867            1,681            1,457            (224)            38%
     Grants, subsidies, contributions and donations       4,709             784             605              (179)            13%
     Other capital revenue                                    -                -               4                4
Total CapitalRevenue                                     8 57T 24652065400)
 Capital Expenditure
     Contributed assets                                       -                -              11               11
     Constructed assets                                  28,580           16,560           15,980            (580)            56%
     Other capital expenses                                   -                -                -                -
Total Capital Expenditure =                             28,580           16,860           15,9901           (569)

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