2018-01-15 General Committee Agenda

ATTACHMENT 1




Page 133 of 135

ATTACHMENT 1
Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2018
As at 31 December 2017
                                                       Current          Current
                                                        Budget           Budget           Actual         Variance           Annual
                                                          2018              YTD              YTD              YTD           Budget
                                                        ($'000)          ($"000)           ($'000)          ($'000)               %

Revenue
    Recurrent Revenue
    Rates, levies and charges                            63,898           31,974           31,915              (59)             50%
    Fees and charges                                      5,089            2,860             3,182             322              63%
    Dividend income                                       1,860              925              925                 -             50%
    Interest received                                     4,408            2,216             2,328             112              53%
    Tax equivalents                                       1,200              603              603                 -             50%
    Sale of Goods and major services                      8,391            4,301            4,510              209              54%
    Sale of contract and recoverable works                   16                1               12                11             T4A%
    Rental & lease income                                 1,322              716              758               42              57%
    Other income                                          1,144              643              827              183              12%
    Grants, subsidies, contributions and donations        5,605            3,053             3,121              68              56%
                                                         92,932           47,292           48,179              888              52%
Expenses
    Recurrent Expenses
    Employee benefits                                    30,445           14,786            14,492            (294)             48%
    Materials and services                               41,248           18,529            18,298            (231)             44%
    Finance costs                                         2,464            1,233             1,213             (19)             49%
    Depreciation and amortisation                        18,577            9,288             9,289                0             50%
    Other expenses                                          136               68               69                 1             51%
                                                         92,870           43,905           43,361             (544)             47%

Operating Result                                             63            3,387            4,818             1,432

Capital Revenue
    Capital contributions and donations                   3,867              934              735             (199)             19%
    Grants, subsidies, contributions and donations        4,709              425              345              (81)              7%
    Other capital revenue                                     -                 -              36               36
Total Capital Revenue                                     8,577            1,359             1,115            (244)

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