Annual Report 2015-16

Financial Statements 2016

 Noosa Shire Council

 Long-Term Financial Sustainability Statement
 prepared as at 30 June 2015

                                                         Target  Actual    :                                   Forecast
                                                         2016     2016    2017     2018    2019     2020    2021    2022     2023    2024     2025    2026
                                                                                         a i tn
Measures of Financial Sustainability
Council's performance at 30 June 2016 against key financial
ratios and targets.

Performance Indicators

1. Operating Surplus Ratio
               :    ae      (1)
eee ae ee                                .              0-10%    5.01% | 0.36%    0.52%    1.16%   1.55%   1.78%    1.70%   2.01%    2.18%   2.66%    2.51%
Total Operating Revenue (excluding capital items)
An indicator of which the extent to which revenues raised
cover operational expenses only or are available for capital
funding purposes or other purposes.

2. Asset Sustainability Ratio
capital Expenditurs‘on'the Replacement ot Assets (renewals) >90% 88.36% |110.99% 99.22%   98.43%  98.46%   97.16%  96.53%   97.65% 100.71% 104.48% 100.60%
Depreciation Expense
An approximation of the extent to which the infrastructure
assets managed are being replaced as these reach the end
of their useful lives.

3. Net Financial Liabilities Ratio
             eee                        .               <60%     -1.54% | 11.96%  9.90%   8.76%    5.07%   1.70%   -2.08%   -5.79%  -8.91%  -11.51% -14.67%
Total Operating Revenue (excluding capital items)
An indicator of the extent to which the net financial liabilities
can be serviced by its operating revenue.

                                                                                                                                                  page 52