2019-01-14 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   14 JANUARY 2019


                                      Attachment 2




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GENERAL COMMITTEE MEETING AGENDA                                                                       14 JANUARY 2019

                                                                                                             Attachment 2

   Noosa Council
  Statement of Financial Position
  For the Year Ended 30 June 2019
  As at 31 December 2018
                                                                     Current                 Actual                  Actual
                                                                      Budget                    YTD                Full Year
                                                                         2019                   2019                   2018
                                                                      ($'000)                ($'000)                 ($'000)
  Current Assets
        Cash and cash equivalents                                      46,127                 56,464                  64,193
        Trade and other receivables                                     8,943                  6,582                   6,979
        Inventories                                                       330                    229                     225
        Other current assets                                              490                  4,232                   4,115
                                                                       55,890                 67,508                  75,512
        Non Current Assets held for sale                                     -                      -                      -
  Total Current Assets                                                 55,890                 67,508                  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                872,755                 866,604
        Intangible assets                                               7,156                  5,485                   5,048
  Total Non Current Assets                                           1,112,140               992,602                 986,014

  Total Assets                                                       1,168,030              1,060,110              1,061,526

  Current Liabilities
        Trade and other payables                                        4,705                  7,089                  11,679
        Borrowings                                                      3,715                  2,335                   3,969
       Provisions                                                       4,282                  3,151                   4,648
       Other                                                              665                    657                     697
  Total Current Liabilities                                            13,368                 13,232                  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                 55,261                  62,902

  Net Community Assets                                              1,110,294              1,004,849                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                                            -                 6,225                  (4,450)
  Total Community Equity                                            1,110,294              1,004,849                998,624

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