2017-12-18 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   18 DECEMBER 2017



                                          Attachment 2




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GENERAL COMMITTEE MEETING AGENDA                                                                                      18 DECEMBER 2017

                                                                                                                                     Attachment 2

              Noosa Council
              Statement of Financial Position
              For the Year Ended 30 June 2018
             As at 30 November 2017
                                                                                 Current                 Actual                   Actual
                                                                                  Budget                     YTD                Full Year
                                                                                     2018                   2018                    2017
                                                                                   ($'000)                ($'000)                 ($'000)
              Current Assets
                   Cash and cash equivalents                                       48.418                  66,724                  65,463
                   Trade and other receivables                                       8,381                  6,272                   7,101
                   Inventories                                                        156                     331                    330
                   Other current assets                                               468                   2,527                   2,796
                                                                                   57,424                  75,853                  75,690
                   Non Current Assets held for sale                                      x                      =                       :
              Total Current Assets                                                 57,424                  75,853                  75,690
              Non Current Assets
                   Trade and other receivables                                     49,218                  49,218                  49,218
                   Other non current Assets                                              -                      -                       -
                   Investments                                                     69,141                  60,978                  60,978
                   Investment property                                               4,150                  4,405                   4,405
                   Property, plant and equipment                                  935,214                 922,791                913,152
                   Intangible assets                                                 3,837                  4,291                   3,497
              Total Non Current Assets                                           1,061,560              1,041,683               1,031,249
              Total Assets                                                       1,118,984              1,117,536               1,106,939
              Current Liabilities
                   Trade and other payables                                          4,501                 15,088                  11,819
                   Borrowings                                                        3,040                  2,077                   3,745
                  Provisions                                                         4,394                  2,324                   4,076
                  Other                                                               548                     851                    645
              Total Current Liabilities                                             12,483                 20,340                  20,285
              Non Current Liabilities
                   Trade and other payables                                              -                      -                       -
                   Borrowings                                                      35,005                  34,291                  34,291
                  Provisions                                                         9,305                  9,879                   9,843
              Total Non Current Liabilities                                        44,310                 44,169                   44,133
              Total Liabilities                                                    56,793                  64,510                  64,418
              Net Community Assets                                              1,062,191              1,053,026               1,042,521

              Community Equity
                   Asset Revaluation Surplus                                       46,961                  26,892                  26,892
                   Retained Surplus / (Defeciency)                                       -                      -                       -
                   Shire Capital                                                 1,015,230              1,015,629               1,000,677
                   Current Year Net Earnings                                             :                 10,505                  14,951
              Total Community Equity                                            1,062,191              1,053,026               1,042,521

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