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Annual Report 2016-17

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                                                                          Financial Statements 2017



Noosa Shire Council

Notes to the Financial Statements
 for the year ended 30 June 2017

Note 25. Restated Balances (continued)
                                                                 Actual   Adjustment           Restated
                                                                  2016                     Actual2016
                                                 Notes           $'000          $'000           $'000


Reconciliation of Restated Comparatives
Financial Report Line Item I Balance affected


Statement of Comprehensive Income (Extract)

Capital Revenue
Grants, subsidies, contributions and donations     4\b)                        2,022             2,022

Total Revenue                                                  95,857          2,022           97,879

Total Income                                                  101,969          2,022          103,99~

Net Result                                                     17,025
                                                                          ---
                                                                            2,022              19,047

Total Comprehensive Income                                     27,208          2,022           29,230


Statement of Financial Position (Extract)

Property, plant and equipment                                 906,66~          2,022          908,689
Total Non-Current Assets                                    1,031,790          2,022        1,033,812

Total Assets                                                1,093,104          2,022        1,095,126

Non-current provisions                            16            9,0?3         (1 .~54)           7,629
Total Non-Current Liabilities                                  44,269         (1,454)          42,815

TOTAL LIABILITES                                              59,956         (1 ,454)         58,502_

Net Community Assets                                        1,033,148          3,476       1,036,624

Community Equity
Retained Surplus
                                                          - 1,_00~,631         3!~7?.      \012,107
Total Community Equity                                      1,033,148          3,476       1,036,624


Statement of Changes in Equity (Extract)
Retained Surplus
Revised Opening Balance as at 1 July 2015                     991,606          1,454          993,060

Net Operating Surplus for the Year                             17,025          2,022           19,047

Total Comprehensive Income                                     27,208          3,476           29,230

Equity Balance as at 30 June 2016                           1,033,148          3,476       1,036,624



                                                                                          page 40

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