2015-11-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   16 NOVEMBER 2015 1
                                        ATTACHMENT




                                        Page 16 of 20

ATTACHMENT 1

Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2015
As at 31-Oct-2015
                                                        Current             Current
                                                         Budget              Budget              Actual            Percentage
                                                          2015               YTD                 YTD              Annual Budget
                                                            $                   $                   $                   %

Revenue
      Recurrent Revenue
      Rates, levies and charges                            60,463,174          30,231,587          30,220,265                50%
      Fees and charges                                      4,807,279           2,516,513           2,877,767                60%
      Dividend income                                       1,925,140                   -                  42                 0%
      Interest received                                     4,568,059           1,355,370           1,421,730                31%
      Tax equivalents                                       1,088,812             326,298             326,298                30%
      Sale of Goods and Major Services                      7,274,896           2,400,123           2,536,680                35%
      Sale of Contract & Recoverable Works                     15,364               5,121              (8,891)               -58%
      Rental & Lease Income                                 1,173,953             411,313             404,957                34%
      Other income                                            674,949             312,961             358,423                53%
      Grants, subsidies, contributions and donations        5,394,440           2,300,625           2,398,052                44%
                                                           87,386,066          39,859,911          40,535,323                46%
Expenses
      Recurrent Expenses
      Employee benefits                                    27,654,844           9,133,310           8,871,800                32%
      Materials and services                               39,188,272          13,897,247          12,400,541                32%
      Finance costs                                         2,686,315             887,105             911,427                34%
      Depreciation and amortisation                        16,630,163           5,543 388           5,543 388                33%
      Other expenses                                          121,828              40,876              36,731                30%
                                                           86,281,422          29,501,925          27,763,887                32%
Operating Result                                            1,104,644          10,357,986          12,771,436

Capital Revenue
      Capital contributions and donations                   1,606,029           1,095,651           1,566,941                98%
      Grants, subsidies, contributions and donations        2,072,221             416,170             430,768                21%
      Other capital revenue                                         -                   -                   -

Total Capital Revenue                                       3,678,250           1,511,821           1,997,709

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