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

                                                                                                                          QAO
                                                                                                                   certified statement~



NOOSA      SHIRE COUNCIL

Notes to the financial statements

For the year ended 30 June 2015


29    National Competition Policy
     (a) Business activities to which the code of competitive conduct is applied
         This requires the application of full cost pricing, identifying the cost of community service obligations (GSO)
         and eliminating the advantages and disadvantages of public ownership within that activity.

           The GSa value is determined by Council. and represents an activities cost(s) which would not be incurred if
           the primary objective of the activities was to make a profit. The Council provides funding from general revenue
           to the business activity to cover the cost of providing non-commercial community services or costs deemed to
           be CSO's by the Council.



           Council applies full cost pricing to the following business activities:

                              Waste Management
                              Holiday Parks

     (b) The following activity statements are for activities subject to full cost pricing:

                                                                          Waste           Waste         Holiday Parks   Holiday Parks
                                                                        Management      Management
                                                                           2015            2014             2015            2014
                                                                                        (6 months)                       (6 months)
                                                                             $               $                $               $
Revenue for services provided to the Council                                  207,383          91,616
Revenue for services provided to external dients                           12,840,616      6,125,809        2,899,448       1,336,427
• Community service obligations                                                71 578           9,906
                                                                           13,119,577      6,227,331        2,899,448       1,336,427
less:     Expenditure                                                       8,915,451      4,833,436        1,802,458         747,415
Surplus     (deficiency)                                                    4,204,126      1,393,895        1,096,990         589,012




     (c) Description of eso's     provided to. business activities during the reporting period.

Activities                                            CSO descriolion


Waste Manaoement                                      Waste collection and disnosal charnes for charitable omanisations.