2018-04-16 General Committee Agenda

ATTACHMENT 2




Page 80 of 122

ATTACHMENT 2

 Noosa Council
Statement of Financial Position
For the Year Ended 30 June 2018
As at 31 March 2018
                                                                    Current                  Actual                 Actual
                                                                    Budget                     YTD                Full Year
                                                                       2018                   2018                    2017
                                                                     ($'000)                ($'000)                 ($'000)
Current Assets
      Cash and cash equivalents                                       48,418                 80,557                  65,463
      Trade and other receivables                                      8,381                  8,405                   7,101
      Inventories                                                        156                    327                     330
      Other current assets                                               468                  3,138                   2,796
                                                                      57,424                 92,428                  75,690
      Non Current Assets held for sale                                     -                       -                      -
Total Current Assets                                                  57,424                 92,428                  75,690
Non Current Assets
      Trade and other receivables                                     49,218                 49,218                  49,218
      Other non current Assets                                             -                       -                      -
      Investments                                                     69,141                 60,978                  60,978
      Investment property                                              4,150                  4,405                   4,405
      Property, plant and equipment                                  935,214                916,936                 913,152
      Intangible assets                                                3,837                  4,463                   3,497
Total Non Current Assets                                           1,061,560              1,036,000               1,031,249
Total Assets                                                       1,118,984              1,128,428               1,106,939
Current Liabilities
      Trade and other payables                                         4,501                 15,931                  11,819
      Borrowings                                                       3,040                    167                   3,745
     Provisions                                                        4,394                   (949)                  4,076
      Other                                                              548                    513                     645
Total Current Liabilities                                             12,483                 15,662                  20,285
Non Current Liabilities
      Trade and other payables                                             -                       -                      -
      Borrowings                                                      35,005                 34,291                  34,291
      Provisions                                                       9,305                  9,879                   9,843
Total Non Current Liabilities                                         44,310                 44,169                  44,133
Total Liabilities                                                     56,793                 59,831                  64,418
Net Community Assets                                              1,062,191              1,068,596               1,042,521

Community Equity
     Asset Revaluation Surplus                                        46,961                 26,892                  26,892
      Retained Surplus / (Defeciency)                                      -                       -                      -
      Shire Capital                                                1,015,230              1,015,629               1,000,677
      Current Year Net Earnings                                            -                 26,076                  14,951
Total Community Equity                                            1,062,191              1,068,596               1,042,521

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