2017-01-16 General Committee Agenda

ATTACHMENT 1




Page 144 of 146

ATTACHMENT 1

Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2017
As at 06-Jan-2017
                                                        Current              Current
                                                         Budget              Budget              Actual            Percentage
                                                          2017                YTD                 YTD             Annual Budget
                                                            $                   $                   $                   %

Revenue
      Recurrent Revenue
      Rates, levies and charges                            62,319,194          31,159,597          31,119,695                 50%
      Fees and charges                                      4,487,451           2,676,584           3,160,530                 70%
      Dividend income                                       1,651,805              60,889              60,889                  4%
      Interest received                                     4,315,093           2,241,547           2,393,428                 55%
      Tax equivalents                                       1,489,834             617,358             617,358                41%
      Sale of Goods and Major Services                      7,622,843           3,916,465           4,367,568                 57%
      Sale of Contract & Recoverable Works                     15,970               7,985               2,183                 14%
      Rental & Lease Income                                 1,237,656             681,785             750,405                 61%
      Other income                                            654,414             407,234             552,991                 85%
      Grants, subsidies, contributions and donations        5,591,811           2,589,055           2,620,220                47%
                                                           89,386,070          44,358,500          45,645,267                 51%
Expenses
      Recurrent Expenses
      Employee benefits                                    28,636,365          14,202,364          13,822,859                48%
      Materials and services                               40,561,935          18,832,207          17,948,145                44%
      Finance costs                                         2,583,584           1,291,792            1,250,707               48%
      Depreciation and amortisation                        17,122,216           8,561,108           8,824,771                 52%
      Other expenses                                           85,863              42,932              46,529                 54%
                                                           88,989,963          42,930,403          41,893,010                47%

Operating Result                                              396,108           1,428,097           3,752,257

Capital Revenue
      Capital contributions and donations                   1,733,634           1,236,580           2,250,116                130%
      Grants, subsidies, contributions and donations        5,179,000             785,000             773,579                 15%
      Other capital revenue                                         -                   -                    -

Total Capital Revenue                                       6,912,634           2,021,580           3,023,695

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