2018-12-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   17 DECEMBER 2018




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GENERAL COMMITTEE MEETING AGENDA                                                        17 DECEMBER 2018

 Noosa Council                                                                                ATTACHMENT 2
Statement of Financial Position
For the Year Ended 30 June 2019
As at 30 November 2018
                                                                    Current                 Actual                  Actual
                                                                    Budget                    YTD                Full Year
                                                                       2019                   2019                   2018
                                                                     ($'000)                ($'000)                ($000)
Current Assets
      Cash and cash equivalents                                      46,127                  62,765                 64,193
     Trade and other receivables                                      8,943                   6,778                  6,979
      Inventories                                                       330                    226                     225
      Other current assets                                              490                   4,382                  4,115
                                                                     55,890                  74,150                 75,512
      Non Current Assets held for sale                                     -                      -                       -
Total Current Assets                                                 55,890                  74,150                 75,512

Non Current Assets
     Trade and other receivables                                     49,218                 49,218                  49,218
      Other non current Assets                                             -                      -                       -
      Investments                                                    73,332                  60,978                 60,978
      Investment property                                             4,405                   4,167                  4,167
      Property, plant and equipment                                 978,029                871,827                 866,604
      Intangible assets                                               7,156                   5,420                  5,048
Total Non Current Assets                                           1,112,140               991,610                 986,014

Total Assets                                                       1,168,030              1,065,760              1,061,526

Current Liabilities
     Trade and other payables                                         4,705                   7,764                 11,679
      Borrowings                                                      3,715                   2,169                  3,969
     Provisions                                                       4,282                   2,882                  4,648
      Other                                                             665                    923                     697
Total Current Liabilities                                            13,368                  13,739                 20,993
Non Current Liabilities
     Trade and other payables                                              -                      -                       -
      Borrowings                                                     34,040                  32,171                 32,171
      Provisions                                                     10,328                   9,858                  9,738
Total Non Current Liabilities                                        44,367                 42,029                  41,909
Total Liabilities                                                    57,736                  55,768                 62,902
Net Community Assets                                              1,110,294              1,009,992                998,624

Community Equity
     Asset Revaluation Surplus                                       67,090                 41,740                  41,740
      Retained Surplus / (Defeciency)                                      -                      -                       -
      Shire Capital                                                1,043,204               956,885                 961,335
      Current Year Net Earnings                                            -                 11,367                 (4,450)
Total Community Equity                                            1,110,294              1,009,992                998,624

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