Annual Report 2018-19

Noosa Shire Council

Statement of Financial Position
as at 30 June 2019

                                                                                                                 2019          2018
                                                                                               Notes             $'000         $'000


ASSETS
Current Assets
Cash and Cash Equivalents                                                                        9            55,981         64,193
Trade and Other Receivables                                                                      10           11,207         11,093
Inventories                                                                                      13              198            225
Total Current Assets                                                                                          67,386         75,511

Non-Current Assets
Trade and Other Receivables                                                                      10           49,718        49,218
Equity Investments                                                                               24           83,342        78,377
Investment Property                                                                              11            3,300         4,167
Property, Plant and Equipment                                                                    12          885,912       866,605
Intangible Assets                                                                                14            5,953         5,049
Total Non-Current Assets                                                                                   1,028,225     1,003,416
TOTAL ASSETS                                                                                               1,095,611     1,078,927

LIABILITIES
Current Liabilities
Trade and Other Payables                                                                         15            9,594         11,681
Borrowings                                                                                       16            3,112          3,969
Provisions                                                                                       17            4,918          4,648
Other Liabilities                                                                                18            2,768            697
Total Current Liabilities                                                                                     20,392         20,995

Non-Current Liabilities
Borrowings                                                                                       16           21,120         32,171
Provisions                                                                                       17           11,523          9,737
Total Non-Current Liabilities                                                                                 32,643         41,908
TOTAL LIABILITIES                                                                                             53,035         62,903
Net Community Assets                                                                                       1,042,576     1,016,024


COMMUNITY EQUITY
Asset Revaluation Surplus                                                                        19           50,809        41,739
Retained Surplus/(Deficiency)                                                                    27          991,767       974,285
Total Community Equity                                                                                     1,042,576     1,016,024




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.       page 53