2017-12-12 S&O Agenda - Attachment 1 to Item 9 - Tourism Noosa Annual Report 2016-17

Note 7 Property, Plant and Equipment

                                                   2017         2016
                                                    s            s
PLANT AND EQUIPMENT

Plant and Equipment at cost                        138,729      114,436
(Accumulated depreciation)                         (79,694)     (63,082)
                                                    59,034       51,354
Visitor Information Centre Assets at cost          106,419      102,919
(Accumulated depreciation)                         (86,810)     (79,154)
                                                    19,609       23,765
Motor Vehicles at cost                               20,900       20,900
(Accumulated Depreciation)                          (19,771)     (19,215)
                                                      1,129        1,685
Renovated Marina Office 2016                        40,727
(Accumulated Depreciation)                             (656)
                                                    40,071
Renovated Marina Office 2014                        21,511       21,511
(Accumulated Depreciation)                           (1,446)       (931)
                                                    20,065       20,580
Renovation of Office at cost                          8,705        8,705
(Accumulated Depreciation)                           (1,354)      (1,166)
                                                      7,351        7,539
Artwork at cost                                         1,017        1,017
Total plant and equipment                          148,276      105,939
Total property, plant and equipment                148,276      105,939
Note 8 Accounts Payable and Other Payables
                                                   2017         2016
                                                    s            s
CURRENT
Accruals                                           113,807      119,370
Unearned Income                                      69,310       69,443
Accounts payable                                   140,210      148,547
Forward Bookings                                   157,546      227,272
GST Payable                                         (38,817)     (47,109)
Credit Cards                                            857       (1,616)
                                                   442,913      515,907
Note 9   Employee Provisions

CURRENT                                            2017         2016
Short-term Employee Benefits                        s            $
Opening balance at 1 July                           69,448       45,479
Movements during the year                           12,318       23,969
Balance at 30 June                                  81,766       69,448

Contingency
Opening balance at 1 July
Additional provisions raised during the year
Amounts used
Balance at 30 June

PAYGTax                                             13,888       13,775

NON-CURRENT
Long-term Employee Benefits (Long Service Leave)
Opening balance at l July                           28,299       17,480
Movements during the year                            4,654       10,819
Balance at 30 June                                  32,953       28,299