2018-09-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   17 SEPTEMBER 2018


                                     Attachment 2




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GENERAL COMMITTEE MEETING AGENDA                                                                    17 SEPTEMBER 2018

                                                                                                        Attachment 2
   Noosa Council
   Statement of Financial Position
   For the Year Ended 30 June 2019
   As at 31 August 2018
                                                                       Current                 Actual         Actual (Interim)
                                                                       Budget                    YTD                Full Year
                                                                          2019                   2019                    2018
                                                                        ($'000)                ($'000)                 ($'000)
   Current Assets
        Cash and cash equivalents                                       46,127                  82,123                 64,229
        Trade and other receivables                                       8,943                 10,890                   6,944
         Inventories                                                       330                     323                    326
        Other current assets                                               490                   2,875                   4,117
                                                                         55,890                 96,211                 75,615
         Non Current Assets held for sale                                     -                      -                       -
   Total Current Assets                                                  55,890                 96,211                 75,615
   Non Current Assets
        Trade and other receivables                                     49,218                  49,218                 49,218
        Other non current Assets                                              -                      -                       -
         Investments                                                     73,332                 60,978                 60,978
         Investment property                                              4,405                  4,405                   4,405
         Property, plant and equipment                                 978,029                 911,252                910,464
         Intangible assets                                                7,156                  4,929                   4,862
   Total Non Current Assets                                           1,112,140              1,030,782               1,029,927
   Total Assets                                                       1,168,030              1,126,993               1,105,542
   Current Liabilities
        Trade and other payables                                          4,705                  8,643                   9,791
         Borrowings                                                       3,715                  2,202                   1,849
        Provisions                                                        4,282                    715                   2,559
        Other                                                              665                     875                    757
   Total Current Liabilities                                             13,368                 12,496                  14,957
   Non Current Liabilities
        Trade and other payables                                              -                      -                       -
         Borrowings                                                      34,040                 34,291                 34,291
        Provisions                                                       10,328                 10,003                   9,879
   Total Non Current Liabilities                                        44,367                 44,294                  44,169
   Total Liabilities                                                     57,736                 56,790                 59,126
   Net Community Assets                                              1,110,294              1,070,203               1,046,417

   Community Equity
        Asset Revaluation Surplus                                        67,090                 41,739                 41,739
         Retained Surplus / (Defeciency)                                      -                      -                       -
        Shire Capital                                                 1,043,204                991,874                991,874
        Current Year Net Earnings                                             -                 36,590                  12,804
   Total Community Equity                                            1,110,294              1,070,203               1,046,417

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