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Annual Report 2018-19
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Noosa Shire Council
Statement of Comprehensive Income
for the year ended 30 June 2019
2019 2018
Notes $'000 $'000
Income from Continuing Operations
Revenue
Recurrent Revenue
Rates, Levies and Charges 3a 66,453 64,011
Fees and Charges 3b 7,059 6,113
Rental Income 3c 1,281 1,301
Interest and Investment Revenue 3c 4,763 4,701
Sales Revenue 3d 9,726 9,201
Other Income 3e 2,698 4,064
Grants, Subsidies, Contributions and Donations 4a 5,447 6,052
Total Recurrent Revenue 97,427 95,443
Capital Revenue
Grants, Subsidies, Contributions and Donations 4b 8,696 11,275
Total Revenue 106,123 106,718
Equity share of profit (loss) in investment in associate through participation
rights 24 6,452 5,075
Total Income (Continuing Operations) 112,575 111,793
Expenses from Continuing Operations
Recurrent Expenses
Employee Benefits 5 31,962 30,460
Materials and Services 6 38,893 39,017
Finance Costs 7 5,146 2,329
Depreciation and Amortisation 12, 14 15,805 15,120
Total Recurrent Expenses 91,806 86,926
Capital Expenses 8 3,284 24,274
Total Expenses (Continuing Operations) 95,090 111,200
Net Result 17,485 593
Other Comprehensive Income
Items that will not be reclassified to Net Result
Increase/(decrease) in Asset Revaluation Surplus 19 9,070 14,847
Total Other Comprehensive Income 9,070 14,847
Total Comprehensive Income for the year 26,555 15,440
The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies. page 52
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