2015-11-16 GC Agenda - Item 3, Attach 1 - Annual Report 2014-15

                                                                                                                                             QAO
                                                                                                                                      certified statements



 NOOSA SHIRE COUNCIL

 Statement of Financial Position
 As at 30 June 2015
                                                                                                                           2014
                                                                                                    2015                (6 manU,s)
                                                                                    Note              $                        $
      Current Assets
          Cash assets and cash equivalents                                        9                 50,891,174            28,893,012
          Trade and other receivables                                             10 (a)             8,526,896            18,806,279
          Inventories                                                                                   104,038               103,425
                                                                                                    59,522,108            47,802,716
      Non-current Assets
         Trade and other receivables                                              10 (b)           49,217,517            49,217,517
         Equity investments                                                       11               65,211,946            62,016,970
          Investment properties                                                   12                 3,831,234
         Property, plant and equipment                                            13              887,078,567           873,447,519
         Intangible assets                                                        15                 2,701,457            2,268,600
                                                                                                1,008,040,721           986,950,606
           TOTAL ASSETS                                                                         1,067,562,829         1,034,753,322

     Current liabilities
         Trade and other payables                                                 16                 7,736,143            6,669,789
         Provisions                                                               17                 4,114,389            4,358,384
         Borrowings                                                               18                 2,633,065            2,600,397
         Other                                                                                       1,082,497              831,140
                                                                                                    15,566,094           14,459,710
     Non-current Liabilities
        Provisions                                                                17                8,194,924             8,216,341
        Borrowings                                                                18               36,747,480            38,576,628
                                                                                                   44,942,404            46,792,969
           TOTAL LIABILITIES                                                                       60,508,498            61,252,679

     NET    COMMUNITY          ASSETS                                                           1.007,054,331          973,500,643

     Community Equity
        Asset revaluation surplus                                                19                14,334,107
        Retained surplus (deficiency)                                                             992,720,224          973,500,643

     TOTAL      COMMUNITY         EQUITY                                                        1,007,054,331          973,500,643



The above statement should be read;n conjunction with the accompanying notes and Summary of Significant Accounting Po/icies.




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