2018-10-15 General Committee Agenda

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ATTACHMENT 1

 Profit and Loss Statement

 Revenue
     Recurrent Revenue
     Rates, levies and charges                          66,553           33,276           33,217             (59)       50%
     Fees and charges                                     5,542           1,950            2,210             260        40%
     Dividend income                                      1,600               -                .                -        0%
     Interest received                                   4,250            1,050            1,205             155        28%
     Tax equivalents                                      1,450             380             380                 -       26%
     Sale of Goods and major services                    8,731            2,106            2,382             276        27%
     Sale of contract and recoverable works                 16                -                1               1         5%
     Rental & lease income                                1,546             416             400              (16)       26%
     Other income                                          811              192             376              184        46%
     Grants, subsidies, contributions and donations       5,225           1,180            1,205              25        23%
                                                        95,724          40,551            41,377             825        43%
 Expenses
     Recurrent Expenses
     Employee benefits                                  32,273            7,455            6,997            (458)       22%
     Materials and services                             41,439           10,610           10,467            (143)       25%
     Finance costs                                       2,579              600             599               (1)       23%
     Depreciation and amortisation                       19,264           4,816            4,816                -       25%
     Other expenses                                        154               55              63                8        41%
                                                “95,709          23,536           22,943          (593)            24%
Operating Result                                                       0                 184

 Summary of Capital Revenue and Expenditure
 Capital Revenue
     Capital contributions and donations                 4,043              158              154              (4)        4%
     Grants, subsidies, contributions and donations       3,375             206             206                 -        6%
     Other capital revenue                                    -               -                -                -
TotalCapitalRevenue                                        At 8
 Capital Expenditure
     Contributed assets                                  2,000                -                -                -        0%
     Constructed assets                                 31,240           10,739            7,654          (3,085)       25%
     Other capital expenses                                   -               -                -                :
Total Capital Expenditure =                             33,240          10,799            7,654          (8,085)

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